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Score

1.39 /10
Danger

Kraemfoxtra

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.kraemfoxta.com/en/index

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Regulatory Index0.00

Business Index6.05

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Kraemfoxtra · Company summary
KraemfoxtraReview Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnited Kingdom
Market InstrumentsForexPrecious metalsCommoditiesCFDIndicesStocksCryptocurrencies
Demo Account✅
LeverageUp to 1:200
SpreadFloating around 0.1 pips
Trading PlatformMT5
Min Deposit$500
Customer SupportEmail: info@kraemfoxta.com
Physical Address: 25 Ropemaker Street, London EC2Y 9AN

Kraemfoxtra Information

Kraemfoxtra is from the United Kingdom, it is a broker that provides traders with Forex, Precious metals, Commodities, CFDS, Indices, Stocks, Cryptocurrencies. There are also two live accounts and a demo account for traders to choose from, with support for MT5. At present, the payment method of this brokerage only supports cryptocurrencies, the minimum deposit threshold is high, and it is not regulated.

Pros and Cons

Pros Cons
Many tradable productsNo regulation
Support MT5Deposits and withdrawals can only be made in cryptocurrency
Minimum deposit ￥500

Is Kraemfoxtra Legit?

Kraemfoxtra's website is not accessible and is currently unregulated.

Is Kraemfoxtra Legit?
Is Kraemfoxtra Legit?

What Can I Trade on Kraemfoxtra?

Kraemfoxtra offers a variety of trading instruments. It allows traders to trade major currency pairs, cross currency pairs and foreign currency pairs. Kraemfoxtra also offers trading of precious metals such as gold and silver, oil and other commodities. In addition, Kraemfoxtra offers CFD trading, as well as stocks,indices and cryptocurrencies.

Tradable Instruments Supported
Forex✔
Precious metals✔
Commodities✔
CFD✔
Indices✔
Stocks✔
Cryptocurrencies✔
Bonds❌
ETF❌

Account Types

Kraemfoxtra offers 3 types of accounts. Standard accounts require a minimum deposit of $500, leverage up to 1:200; The specifics of VlP accounts vary, offering advanced features and lower spreads, etc. It also supports demo accounts.

Kraemfoxtra Fees

From the demo MT5 accounts, we can see that the EUR/USD spread is floating around 0.1 pips.

Trading Platform

The trading platform Kraemfoxtra supports for traders is MT5.

Trading PlatformSupported Available Devices Suitable for
MT5✔DesktopSkilled trader
MT4❌

Deposit and Withdrawal

Kraemfoxtraz supports cryptocurrencies for deposits and withdrawals.

User Reviews

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Comments

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cina
more than one year
Hey, wanted to give you a heads up about Kraemfoxtra. First off, their website is nowhere to be found, which is kinda sketchy. Also, they want a hefty $500 minimum deposit, and that's way too high. Plus, they only accept crypto payments. Not to mention, the whole NFA license thing seems fishy. I'd say, be cautious and maybe look elsewhere.
Hey, wanted to give you a heads up about Kraemfoxtra. First off, their website is nowhere to be found, which is kinda sketchy. Also, they want a hefty $500 minimum deposit, and that's way too high. Plus, they only accept crypto payments. Not to mention, the whole NFA license thing seems fishy. I'd say, be cautious and maybe look elsewhere.
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2023-12-11 18:56
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FX1554140702
more than one year
Hey folks, just wanted to share my experience with Kraemfoxtra. Gotta say, they do offer demo accounts, and the spreads are pretty tight, especially for the EUR/USD pair, floating around 0.1 pips. Using the MT5 platform is a breeze, and it supports automated trading, which is a plus. Overall, a decent choice for retail traders.
Hey folks, just wanted to share my experience with Kraemfoxtra. Gotta say, they do offer demo accounts, and the spreads are pretty tight, especially for the EUR/USD pair, floating around 0.1 pips. Using the MT5 platform is a breeze, and it supports automated trading, which is a plus. Overall, a decent choice for retail traders.
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2023-12-08 18:29
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