Abstract: Kaje Forex was started in 2016 and is based in Bulgaria, although it isn't regulated by any government. It offers a wide range of trading services, such as forex, commodities, cryptocurrencies, and indices, all through the MetaTrader 4 platform. It has a lot of different account kinds and reasonable spreads for sophisticated users, but it currently has no valid regulations.
Kaje Forex Review Summary | |
Founded | 2016 |
Registered Country/Region | Bulgaria |
Regulation | No regulation |
Market Instruments | Forex, Commodities, Cryptos, Indices |
Demo Account | ✅ |
Leverage | Up to 1:5 |
Spread | 1 pip (Standard account) |
Trading Platform | MetaTrader 4 (MT4) |
Minimum Deposit | $250 |
Customer Support | Skype |
Kaje Forex was started in 2016 and is based in Bulgaria, although it isn't regulated by any government. It offers a wide range of trading services, such as forex, commodities, cryptocurrencies, and indices, all through the MetaTrader 4 platform. It has a lot of different account kinds and reasonable spreads for sophisticated users, but it currently has no valid regulations.
Pros | Cons |
Multiple account types including ECN | No regulation |
Demo accounts available | No Islamic (swap-free) accounts |
Supports various trading assets | High minimum deposit |
No direct contact channel |
Kaje Forex is not regulated in its registration jurisdiction and does not have a license from the UK's Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission. Please be aware of the risk!
The WHOIS database shows that kajeforex.com was registered on August 17, 2016, and will expire on August 10, 2025. Last updated on August 10, 2024, the domain has numerous protective statuses: “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited.”
Kaje Forex has a lot of different trading instruments, such as 40 currency pairings, key indices, precious metals (gold and silver), commodities (crude oil and natural gas), and cryptocurrencies. This variety lets traders deal in many different types of assets on one platform.
Instrument Type | Supported |
Forex | ✔ |
Commodities | ✔ |
Cryptos | ✔ |
Indices | ✔ |
Stocks | ✘ |
Bonds | ✘ |
Options | ✘ |
ETFs | ✘ |
Kaje Forex has four types of trading accounts: Standard, Active Traders, EA Robot, and ECN. It also has demo accounts for practicing.
Compared to industry standards, Kaje Forex's trading fees are moderate to high on lower-tier accounts but become more competitive with advanced account types such as ECN.
Account Type | Minimum Deposit | Spread | Commission | Suitable for |
Standard | $250 | 1 pip | ✘ | Beginners |
Active Traders | $1,000 | / | ✔ | Frequent/high-volume traders |
EA Robot | $500 | 1.4 pips | ✘ | Automated strategy traders |
ECN | $10,000 | 0 pips | ✔ | Professionals, institutional |
The leverage is up to 1:5, significantly lower than typical forex brokers.
Trading Platform | Supported | Available Devices | Suitable for |
MetaTrader 4 (MT4) | ✔ | Desktop, Web, Mobile (iOS/Android) | Beginners |
MetaTrader 5 (MT5) | ✘ | – | Experienced traders |
Kaje Forex doesn't charge any fees for deposits or withdrawals. But there may be costs from other banks or intermediaries, especially for transactions that happen between countries. Most methods require a minimum deposit of $250, however bank transfers need at least $1,000.
Payment Method | Minimum Deposit | Fees | Processing Time (Deposit) | Processing Time (Withdrawal) |
Visa (Credit/Debit) | $250 | $0 | Instant | 1–5 business days |
MasterCard | ||||
Bitcoin | 5–15 minutes | – | ||
Bank Transfer | $1,000 | 3–5 business days | 3–5 business days | |
Internal Transfer | – | Instant | Instant |
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