Abstract:Kemik, a trading name of Kemik Group, is allegedly a suspicious regulated digital currency broker established in 2016 and registered in China that claims to provide its clients with leverage up to 1:100 on the mobile application trading platform.
General Information & Regulation
Kemik, a trading name of Kemik Group, is allegedly a suspicious regulated digital currency broker established in 2016 and registered in China that claims to provide its clients with leverage up to 1:100 on the mobile application trading platform.
Market Instruments
Kemik advertises that it mainly offers digital currency (cryptocurrency) transactions of Bitcoin, Ethereum, etc., and both spot and futures trading are available.
Leverage
A leverage ratio of up to 1:100 is offered by Kemik, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.
Trading Platform Available
The platform available for trading at Kemik is its own-designed mobile app for Android and iOS devices.
Deposit & Withdrawal
Kemik says to work with bank transfer payment, yet it didnt reveal any information about the minimum initial deposit requirement.
Customer Support
Unluckily, we didn‘t find any useful information about Kemik’s customer support on the Internet. Generally, regulated brokers will reveal their telephone numbers, email or company address to let their clients get in touch with them.
Offshore brokers have become a popular choice for traders around the world. They often promise low fees, high leverage, and access to global markets. Many traders see these benefits and decide to open accounts. But the big question remains: Can offshore brokers be trusted?
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