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KirikFx

KirikFx | 2024-10-22 15:50

Abstract：Established in 2018, KirikFx is an unregulated brokerage company registered in Saint Vincent and the Grenadines. This firm presents plenty of investment choices with its popular MT5 platform. KirikFx offer three live trading accounts and one demo account.

KirikFx Review Summary
Founded	2018
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Forex, spot metals, oil, indexes, commodities, cryptocurrencies
Demo Account	Available
Leverage	Up to 1:500
Spread	From 1.0 pips
Trading Platform	MT5
Min Deposit	$100
Customer Support	Phone (+501 223 2144)
Customer Support	Email (support@kirikfx.com)

KirikFx Information

Established in 2018, KirikFx is an unregulated brokerage company registered in Saint Vincent and the Grenadines. This firm presents plenty of investment choices with its popular MT5 platform. KirikFx offer three live trading accounts and one demo account.

Pros and Cons

Pros	Cons
Wide range of commodities and spot metals	Unregulated broker
Includes major and minor forex pairs	Complex fee structure for deposits/withdrawals
Supports popular cryptocurrency pairs	A limited selection of exotic currency pairs
Variety of deposit and withdrawal methods	Narrow range of cryptocurrencies offered
	Withdrawal fees for certain methods
	Bank wire withdrawals take 3-5 business days.

Is KirikFx legit?

KirikFx operates without regulation from any recognized financial authority.

What Can I Trade on KirikFx?

KirikFx presents assets including forex, spot metals, oil, indexes, commodities, and cryptocurrency pairs. The firm offers 28 currency pairs covering both major and minor categories.

For commodity trading, it provides several opportunities such as coffee, cocoa, corn, cotton, soybean, sugar, and sheat. Additionally, KirikFx also provides trading opportunities like Gold, Silver, and Copper.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Oil	✔
Indices	✔
Commodities	✔
Cryptocurrencies	✔
Stocks	❌
Futures	❌
Bonds	❌
Options	❌
Mutual Funds	❌
ETFs	❌

Account Types

KirikFx provides three live trading accounts (AED(GOLD), Royal(USD-PRIME), and Royal(USD-PRO)) and one demo account.

If you invest at least $1000, you can have a spread from 1.0 pip and the maximum leverage of this account type is 1:400. The minimum deposit of all three account types is 100$. AED(GOLD) accounts give you the maximum leverage, which is 1:500.

Account Type	Maximum Leverage	Minimum Deposit ($)	Minimum Spread
AED(GOLD)	1:500	500	1.8
Royal(USD-PRIME)	1:400	100	1.8
Royal(USD-PRO)	1:400	1000	1

Leverage

KirikFx offers maximum leverage up to 1:500 for its AED(GOLD) accounts. For the other two Royal account types, the maximum leverage is up to 1:400.

KirikFx Fees

KirikFx provides spreads from 1.0 pips. Detailed information is as follows:

Account types	Spreads
AED(GOLD)	From 1.8 pips
Royal(USD-PRIME)	From 1.8 pips
Royal(USD-PRO)	From 1.0 pips

This firm also charges transaction fees if you choose certain types of methods. For example, you will pay 3% or $5 when you withdraw with Visa/MasterCard.

Trading Platform

MT5 (MetaTrader 5) is available with KirikFx. You can apply it on multiple devices, including Windows, MAC, Android, and IOS.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows, MAC, IOS, Android	Investors of all experience levels
MT4	❌
Proprietary platform	❌

Deposit and Withdrawal

KirikFx provides more than several ways to fund your account, including popular credit/debit cards like Visa/MasterCard, Neteller, Maestro, and e-payment options such as American Express, Diners Club, JCB, Skrill, as well as bank wire and Kirik Pay.

Deposit Options

Deposit Options	Min. Deposit	Fees	Processing Time
Visa/MasterCard	Not mentioned	Not mentioned	3-5 business days
NETELLER	Not mentioned	Not mentioned	3-5 business days
Maestro	Not mentioned	Not mentioned	3-5 business days
Wire transfer	Not mentioned	Not mentioned	3-5 business days
Skill	Not mentioned	Not mentioned	3-5 business days

Withdrawal Options

Withdrawal Options	Min. Withdrawal	Fees	Processing Time
Visa/MasterCard	Not mentioned	3% fee or a $5 charge	3-5 business days
NETELLER	Not mentioned	3% fee	3-5 business days
Maestro	Not mentioned	3% fee	3-5 business days
Wire transfer	Not mentioned	0.2% fee, with a minimum of $30	3-5 business days
Skill	Not mentioned	3% fee	3-5 business days

Broker Dealer

Related broker

No Regulation

KirikFx

Company name：Kirik Markets Ltd

Score

1.54

Website：https://kirikfx.com/

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.54

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