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Danger
FR AMF
2024-10-07
No Regulation
Score
1.12 /10
Danger
Kimonsage
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index4.02
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Regulatory disclosure
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Warning: Low score, please stay away!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Kimonsage offers diverse trading assets, but the minimum deposit of €10,000 may prove an impediment to some prospective customers.
Pros and Cons
| Pros | Cons |
| Multiple trading assets | Not regulated |
| Various account types | Limited information |
| 5 language-supported website | Relatively new |
Is Kimonsage Legit?
Kimonsage was founded on May 03, 2024. Kimonsage is not currently licensed by the UK Financial Conduct Authority (FCA). Furthermore, the company is not on the KNF, FCA, CySEC, or FSC regulators list.
What Can I Trade on Kimonsage?
Kimonsage offers six tradable assets that traders can choose from according to their needs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Soft Commodities | ✔ |
| Options | ❌ |
Account Type
Kimonsage offers seven trading accounts: Vip, Premium, Diamond, Platinum, Gold, Silver and Bronze. And it also provides an Islamic account.
VIP accounts are intended for high-net-worth individuals or professional traders.
Premium accounts were created for seasoned traders seeking extra resources and advanced tools.
Diamond accounts are available for those who may require a more in-depth service.
The Platinum accounts are designed for intermediate-level traders who require increased market access and leverage.
Those new to, or with some experience of, trading who are seeking a trading environment and support that offers greater stability can consider Gold accounts.
Silver accounts were created for novice traders with limited funds who want access to basic trading services.
Bronze accounts focus on essential features suitable for beginner traders or individuals with limited budgets.
Kimonsage Fees
Kimonsage fees are higher than the industry average.
| Account Type | Minimum Deposit | Spread |
| Vip | €100,0000 | Not mentioned |
| Premium | €500,000 | Not mentioned |
| Diamond | €250,000 | Not mentioned |
| Platinum | €100,000 | Not mentioned |
| Gold | €50,000 | Not mentioned |
| Silver | €25,000 | Not mentioned |
| Bronze | €10,000 | Not mentioned |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ❌ | Windows, iOS, Andriod | Experienced traders |
Deposit and Withdrawal
Deposit Options
| Deposit Options | Min. Deposit | Processing Time |
| Visa | €10,000 | Not mentioned |
| Mastercard | €10,000 | Not mentioned |
| Skrill | €10,000 | Not mentioned |
| Perfect Money | €10,000 | Not mentioned |
| Cryptocurrencies | €10,000 | Not mentioned |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Processing Time |
| Visa | €10,000 | Not mentioned |
| Mastercard | €10,000 | Not mentioned |
| Skrill | €10,000 | Not mentioned |
| Perfect Money | €10,000 | Not mentioned |
| Cryptocurrencies | €10,000 | Not mentioned |
Customer Service
| Contact Options | Details |
| Phone | +442037572169 |
| support@kimonsage-mail.com | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | Facebook, Twitter, Linkedin, Whatsapp |
| Supported Language | English, Hindi, Flemish, Malay, French |
| Website Language | English, Hindi, Flemish, Malay, French |
| Physical Address | 35 Bank St, London E14 5NW, United Kingdom |
The Bottom Line
Overall, Kimonsage offers many trading resources that can be effectively combined to create a well-balanced market. However, the minimum deposit requirement of €10,000 represents a barrier to entry for many potential traders. This broker is well-suited to individuals with substantial capital.
FAQs
Is Kimonsage safe?
The lack of regulation governing information provided by Kimonsage renders it highly obscure, thereby making Kimonsage an unsafe business to engage with.
Is Kimonsage good for beginners?
Kimonsage does not provide any educational resources and requires a minimum deposit of €10,000, which makes it unfriendly for beginners.
Is Kimonsage good for day trading?
No. Since Kimonsage's information is not transparent, customers may encounter high fees.
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