Kodin Markets-Overview of Minimum Deposit, Spreads & Leverage
abstrak：Kodin Markets claims to be a broker licensed in St. Vincent and the Grenadines and to strictly abide by all local regulatory standards. The problem here is that on St. Vincent and the Grenadines there are no regulatory standards governing the forex industry.
General Information
Kodin Markets claims to be a broker licensed in St. Vincent and the Grenadines and to strictly abide by all local regulatory standards. The problem here is that on St. Vincent and the Grenadines there are no regulatory standards governing the forex industry.
Market Instruments
To its clients, Kodin Markets offers trading in forex, CFD, metals, indices and commodities.
Accounts
Kodin Markets offers 4 different accounts – ECN, Pro, VIP and Islamic. To open an account is a straightforward procedure. You register by entering your name, phone number, email address.
Leverage
Kodin Markets offers leverage as high as 1:500. Please take a moment and compare these leverages with the leverages that registered and regulated brokers in EU and US can have. In Europe, legitimate brokers cannot exceed a leverage higher than 1:30 and in the US, higher than 1:50.
Trading Platforms
Kodin Markets offers the latest edition of the MetaQuotes family – MteaTrader5. As it is an unregulated, offshore broker, however, we would better suggest that you deal with regulated brokers.
Deposit & Withdrawal
To fund your account, you have a variety of choices – Neteller, Skrill, Giropay, American Express, JCB, Payeer, WebMoney, Visa/MasterCard to name a few. Most of the deposits are instant an there is no fee. The same methods apply for withdrawal and again the processing time for most methods is instant or up to 2 hours.
Risk Warning
As of now, the website of Kodin Markets (https://kodinmarkets.com/en/) is not available and there is no contact information. We assume that the broker Kodin Markets might be closed or run away. Please be aware of the risk!
Magbasa pa ng marami
Sa likod ng Orfinex Prime Brokerage: Isang kaso ng pagsalangsang at negligencia
Orfinex Prime: Mga Allegasyon ng Negligencia at Paglabas | Ang mga problema ng mga kliyente ay nagpapahayag ng mga hindi ligtas na pamamaraan sa pagbebenta, malinaw na presensya sa Dubai, at mga alalahanin ng pagsalangsang. Gumawa ng mga aksyon para sa proteksyon ng mga mamimili.
The pound, gilts and renewables: the winners and losers under Britain’s future PM
The race to be the next leader of Britain’s ruling-Conservative Party and the country’s prime minister is into its final leg, with the September outcome likely to shape the fortunes of sterling, gilts and UK stocks in coming months.
IMF cuts global growth outlook, warns high inflation threatens recession
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked.
Starting Forex Trading: Creating A Profit Plan
A key factor in building a successful and profitable trading career is making your own plans. Your transaction plan will provide a good framework for guiding ever-changing currency prices to profit.
Broker ng WikiFX
Exchange Rate
