Metakit FX

Overview of Metakit FX

Metakit FX, founded in 2023 and headquartered in the United States, is a dynamic trading platform offering a wide array of financial instruments including CFDs, Forex, Commodities, and Indices. With account options catering to different trading styles, traders can start with a minimum deposit of $200 and access leverage of up to 1:500.

The platform prides itself on competitive spreads and transparent commission structures, ensuring cost-effective trading for its users. Supported by MetaTrader 4, also known as Metakit FX, traders benefit from a robust and customizable trading experience. Backed by 24-hour live customer support and educational resources like Terms & Conditions, Metakit FX stands out as a reliable choice for traders seeking accessibility, versatility, and comprehensive support in their trading endeavors.

Is Metakit FX Legit?

Metakit FX lacks official regulation. This absence of regulation indicates that it operates without the supervision of established financial regulatory bodies.

Pros and Cons

Trading Instruments

Metakit FX offers a diverse array of over-the-counter trading instruments, including CFDs, Forex, commodities and indices.

Here is a comparison table of trading instruments offered by different brokers:

Account Types

Metakit FX offers two main account types: Standard and ECN.

Standard Account:

• Products: 250+ Currency pairs, Indices, Commodities, Share CFDs
• Leverage: Up to 500:1
• Minimum Spread: From 1 pip
• Commission: $0 Commission
• Minimum Deposit: $200

ECN Account:

• Products: 250+ Currency pairs, Indices, Commodities, Share CFDs
• Leverage: Up to 500:1
• Minimum Spread: From 0.0 pip
• Commission: $6 commission per round trade
• Minimum Deposit: $200

Leverage

Metakit FX offers leverage of up to 1:500, allowing traders to amplify their trading positions with a relatively small amount of capital.

Here is a comparison table of maximum leverage offered by different brokers:

Spreads and Commissions

Metakit FX offers competitive spreads starting from 1 pip for Standard Accounts and from 0.0 pip for ECN Accounts. There are no commissions for Standard Accounts, while ECN Accounts incur a $6 commission per round trade.

Deposit & Withdraw Methods

Metakit FX supports a variety of deposit and withdrawal methods, including MasterCard, Visa, Neteller, Skrill, and Bank Transfer.

Trading Platforms

Metakit FX offers the MetaTrader 4 trading platform, renowned for its popularity and versatility in retail trading. It provides highly customizable charting methods, empowering users to tailor their trading experience to their specific needs.

Customer Support

Metakit FX offers 24-hour live support with a customer-oriented approach. Their professional staff ensures timely resolution of issues, providing traders with the best trading experience.

Educational Resources

Metakit FX provides comprehensive educational resources to support traders. These include documents such as Terms & Conditions for thorough understanding of trading implications.

Conclusion

Metakit FX offers traders competitive spreads, transparent commissions, and a wide range of tradable assets, providing ample opportunities for financial growth.

FAQs

What are the account types available on Metakit FX?

Metakit FX offers two types of accounts: Standard and ECN, catering to different trading preferences.

How can I deposit funds into my Metakit FX account?

You can deposit funds using various methods, including MasterCard, Visa, Neteller, Skrill, and Bank Transfer.

What is the maximum leverage offered by Metakit FX?

Metakit FX provides leverage of up to 1:500, allowing traders to amplify their positions with a relatively small amount of capital.

Are there any commissions charged for trading on Metakit FX?

While Standard Accounts incur no commission fees, ECN Accounts are subject to a $6 commission per round trade.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.