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Forex Brokers Rating

Kiplar

Kiplar

Kiplar Broker Information

Rating: 0
0 reviews
  • Jurisdiction: Saint Vincent and the Grenadines
  • Regulators: -
  • Founded: 2020

Kiplar Quick reference

The company's website has "About Us" section, but it contains mainly advertising information. At the bottom of the homepage it is indicated that the site is operated by Kiplar LTD, that is registered in the offshore state of Saint Vincent and the Grenadines. Regulatory data are not reported.

There are email and phone number +18194860127 in the section with contacts. The site is presented in two languages: English and Russian.

Kiplar trading instruments and platforms

MetaTrader 5 is the only version of the terminal that is used here, but it is the classic one and with all kinds of mobile applications. 10 thousand trading instruments are declared as available for trading in the following categories:

  • currency and cryptocurrency pairs,
  • commodities,
  • commercial energy,
  • precious metals,
  • stock indices,
  • shares.

Kiplar trading accounts

We did not find information about a demo account. But there are 5 real ones here, from the "Student" training account to the most prestigious VIP account. With the increased investments, traders are encouraged with the help of additional opportunities and services. The minimum transaction size for all types of accounts is 0.01 lot. Leverage is from 1: 1 to 1: 400.

«Student»account: it is available with a minimum deposit of 250 USD. Leverage is up to 1: 400. Access to the training center, price notifications and no commissions are promised here - but it is not clear which ones: trade or withdrawal commissions.

«Advanced»: it has a big difference in deposit sizes with the previous account. Deposit is from 2500 USD. Clients are provided with an individual manager and assistance in developing a personal trading strategy.

«Specialist»: this account is available with a minimum deposit of 25 thousand USD. Clients are offered the development of a personal portfolio of assets, exclusive market analytics, an expanded set of analysis tools, fixed or floating prices to choose from.

«Premium»: Deposit is from 100,000 USD. Only at this level of investment the company is officially allowed to use the hedging strategy. Clients are helped to form an effective portfolio that is most suitable for their tasks, prices are fixed for them - but in the public domain it is not explained - the prices for what.

VIP-account. The minimum deposit is not indicated, but it clearly must significantly exceed the previous deposit amount. Such traders are promised professional hedging, negative balance protection, and the most favorable trading conditions.

Kiplar account replenishment and withdrawal of funds

The minimum deposit is 250 USD. The logos of the available payment systems are presented in the lower right corner of the main page, under the heading "We accept". Among them, there are Visa, Mastercard, AMEX, Discover, Neteller cards and several systems less known in our latitudes.

This is where the information about publicly available transactions ends. For the rest of the details, you will need to contact the broker individually or register your Kiplar account and study the information that has been opened. Among critical gaps, we note the lack of data on the types of accepted currencies (do they accept only US dollars or is it possible to use another currency?), on limits and commissions.

Conclusion

It is a young company and, in fact, it entered the market only in 2020. Its activities are not regulated, the real addresses and founders are not shown to clients. There is no demo account, and the gap in deposits between the first two is tenfold: 250 USD and 2500 USD. Many important aspects of publicly available communication information are not explained. In such cases, we recommend not to put your investments at risk. And when choosing more reliable Forex broker with experience, use our rating or ask for free expert advice.

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