Score

1.53 /10
Danger

Kaje Forex

Bulgaria

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Regulatory Index0.00

Business Index7.17

Risk Management Index0.00

Software Index4.00

License Index0.00

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Broker Information

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Company Name

Kaje Fin Services Ltd.

Company Abbreviation

Kaje Forex

Platform registered country and region

Bulgaria

Company website

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Kaje Forex · Company summary
basic-info

General Information

Registered in Marshall Islands, Kaje Forex is an online forex broker offering a series of trading instruments, including Currency Pairs, Commodities, Equity Indices, Energies, Precious Metals. With Kaje Forex, investors have the flexibility to choose from four trading accounts, and the maximum leverage that can be used is up to 1:300.

Market Instruments

Kaje Forex offers its clients access to various trading instruments, including 70 currency pairs, all commodities, gold and silver, platinum, as well as 50 cryptocurrencies.

Account Types

Kaje Forex provides a total of four of trading accounts to suit its clients different trading needs, including Standard, Active Traders, EA Robot and ECN.

The Standard account is suitable for all types of traders, and to open this account, an initial deposit of $250 is required. The Active Traders account is obviously designed for active traders, and this account asks for an initial deposit of $1,000.

The EA robot account ask for an initial deposit of $500, idea for inexperienced traders.

The ECN account is designed for professional traders, and traders who want to try out this account need to fund at least $10,000.

account-types

Aside from live trading accounts, demo accounts are also available for clients to get a feel of this platform and practice their trading skills without risking their real capital.

Leverage

Trading leverage information is not mentioned on the Kaje Forex website.

As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.

Spreads

Commission and spreads on the Kaje Forex platform are tied to the type of trading account you have, as is the case with most other forex brokers. The spreads offered by the Standard account start from 1 pips, and the EA Robot account offers spreads from 1.4 pips. The ECN account offers raw spreads, accompanied by a certain commission charged.

Trading Platform

Kaje Forex provides its clients access to the leading MT4 trading platform and some features and functionalities of the MT4 trading platform include the following:

  • User friendly interface, high-customized

  • Multiple technical indicators, and robust charting tools

  • Free EA hosting capabilities

  • Web and mobile trading support

Payment Methods

The minimum initial deposit via Bank Transfer is $1000 and $250 via other payment methods. Kaje Forex allows its clients to make a deposit through VISA, MasterCard, Wire Transfer, Bitcoin.

payment-methods

Kaje Forex says it does not charge any fees for deposits and withdrawals.

Customer Support

Traders can reach out to Kaje Forex about any questions or concerns they may have about their accounts or their trading through the following methods:

  • Skype

  • A Contact Form

  • Email: support@emdforex.com

  • Company Address: Trust Company Complex Ajeltake Road Ajeltake Island Majuro Marshall Islands, registration number of 96960.

customer-support

Or you can follow this brokerage house on some social media platforms such as Facebook, Twitter.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

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FX1449611766
more than one year
Kaje Forex was a bit of a mixed bag for me. On the one hand, their spreads were alright, but on the other hand, I was pretty bummed to find out they don't offer multi-currency accounts. As someone based in Singapore, having to convert everything to USD was a bit of a pain. And to top it off, their standard account didn't allow me to use EAs, so I had to upgrade to their active trader account.
Kaje Forex was a bit of a mixed bag for me. On the one hand, their spreads were alright, but on the other hand, I was pretty bummed to find out they don't offer multi-currency accounts. As someone based in Singapore, having to convert everything to USD was a bit of a pain. And to top it off, their standard account didn't allow me to use EAs, so I had to upgrade to their active trader account.
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2023-03-28 09:21
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FX1234116191
more than one year
Whilst I mostly trade forex I have also dipped into crypto and found the leverage to be decent on both too. In summary, nothing really to complain about!
Whilst I mostly trade forex I have also dipped into crypto and found the leverage to be decent on both too. In summary, nothing really to complain about!
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2023-02-17 10:27
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