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Kings Option Trade -

Score

1.34 /10
Danger

Kings Option Trade

Cyprus

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://kingsoptiontrade.com

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Exposure

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Score

Regulatory Index0.00

Business Index5.66

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Danger

CY CYSEC
2025-08-14
Warning regarding unregulated entities
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Danger

CY CYSEC
2025-07-11
Warning regarding unregulated entities
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Warning: Low score, please stay away! 3
Previous Detection : 2025-11-08
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
  • The broker's claimed CyprusCYSEC regulation (Regulation Number: 171/12) has not been verified. Please be alert to the risks!

WikiFX Verification

Kings Option Trade · Company summary
Kings Option Trade Review Summary
Founded2022
Registered Country/RegionCyprus
RegulationCYSEC (Suspicious Clone)
Market InstrumentsForex, indices, energies, precious metals
Demo Account✅
Islamic Account✅
LeverageUp to 1:30 (retail)/1:100 (professional)
EUR/USD SpreadFrom 0.2 pips
Trading PlatformMT5
Minimum Deposit500 USD/EUR/GBP or 50,000 JPY
Customer SupportLive chat
Email: support@kingsoptiontrade.com
Address: 162 Fragklinou Rousvelt, 1st Floor 3045, Limassol, Cyprus
Facebook, Instagram, Twitter

Kings Option Trade Information

Kings Option Trade is a regulated broker, offering trading on forex, indices, energies, precious metals with leverage up to 1:100 and spread from 0.2 pips on the MT5 platform. The minimum deposit requirement is 500 USD/EUR/GBP or 50,000 JPY.

Kings Option Trade's homepage

Pros and Cons

Pros Cons
Demo accountsSuspicious clone CySEC license
Multiple account typesLimited trading markets
MT5 platformHigh minimum deposit
Popular payment methods
No deposit fees
Live chat support

Is Kings Option Trade Legit?

Kings Option Trade offers negative balance protection for retail accounts. However, it currently only holds a suspicious clone CySEC license.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
CyprusCYSEC (Cyprus Securities and Exchange Commission)Suspicious CloneX Global Markets LtdStraight Through Processing (STP)171/12
Suspicious clone CySEC license
Domain information

What Can I Trade on Kings Option Trade?

Kings Option Trade offers trading on forex, indices, energies, and precious metals.

Tradable Instruments Supported
Forex✔
Indices ✔
Energies✔
Precious metals✔
Stocks❌
Cryptos❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Kings Option Trade?

Account Type

Kings Option Trade offers raw account, standard account, Islamic account, corporate account, professional client account. Besides, demo accounts are also available.

Leverage

Trading InstrumentsProfessionalRetail
FX Majors1:1001:30
FX Minors1:20
Gold
Indices
Commodities1:501:10

Please note that high leverage can amplify not only profits but also losses.

Leverage

Kings Option Trade Fees

Trading SymbolSpread
EUR/USDFrom 0.2 pips
GBP/USD
USD/JPY
NZD/USDFrom 0.4 pips
AUD/USDFrom 0.3 pips
USD/CAD
Account TypeCommission
Raw$3.75 per side
Standard0
Islamic
Corporate
Professional Client/
Spread

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows PC, Mac OS X, iPhone, iPad, Android Phone, Android TabletExperienced traders
MT4❌/Beginners
MT5 platform

Deposit and Withdrawal

Kings Option Trade accepts payments via visa, MasterCard, bank wire, Skrill, Neteller and internal transfer.

Payment methods

Deposit Options

Deposit Options Account Base CurrencyMinimum DepositDeposit FeesDeposit Time
VISAUSD, EUR, GBP5000Instant
MasterCard
Bank WireUSD, EUR, GBP, NOK, CHF500 USD/EUR/GBP/CHF, 5,000 NOK1-5 business days
SkrillUSD, EUR, GBP500Instant
NetellerEUR, GBP
Internal TransferUSD, EUR, GBP, CHF, NOK024 hours

Withdrawal Options

Withdrawal Options Account Base CurrencyMinimum Withdrawal Withdrawal FeesWithdrawal Time
VISAUSD, EUR, GBP002-5 business days
MasterCard
Bank WireUSD, EUR, GBP, NOK, CHF100 USDFull amount sent, bank fees shared1-5 business days
SkrillUSD, EUR, GBP01 free withdrawal per month24 hours
NetellerEUR, GBP
Internal TransferUSD, EUR, GBP, CHF, NOK0

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