KayaFX is an Estonia registered Forex & CFD broker owned by GammaTech Services OÜ. KayaFX is located at; 14247106, Roosikrantsi 2-K 284, Tallinn, Harju Maakond, 10119 Estonia.
Their contact phone number is: +44 203 769 9927, and compliance email address is: email@example.com.
Scam Trading Robots
WARNING: Do Not use any automated trading software until you see this.
The most popular software now available is at FXMasterBot.com.
A review of the new Forex / CFD’s broker KayaFX shows that they offer investors the MetaTrader4 trading platform. There is available both the desktop standalone version, along with the web based and mobile versions. They offer hundreds of underlying assets for trading CFD’s including all the popular Major & Minor Forex Pairs, Market Indices, Stocks, and Commodities like Brent, Natural Gas, Coffee and Corn.
Their website and customer support is currently only available in English and French, with more languages coming soon as they continue their global expansion. Their Leverage on all forex pairs is 100:1, and fixed spread on EURUSD is 3 pips. Trading on leverage is very risky, and new traders should make sure they fully understand the risks associated with using margin.
There are 4 levels of account types, which offer various different benefits (see below).
Demo Trading Competition
The competition starts on October 1st, 2017 and finishes on December 4th, 2017. Anyone can join the contest and the demo account starts with 50000 EUR of virtual funds. The goal of each participant is to achieve the highest equity till the end of the contest. The 3 prizes are; 1st place $5000, 2nd place $3000, and 3rd place is $1000. You must verify your address and phone number.
When the Scam Broker Investigator reviews a new Forex broker to determine if they are a scam or legitimate company, the first thing we look for is a valid brokers license. The main reason investors always use an authorised and licensed broker is to be sure that your funds are kept safe in segregated accounts. There are many online investing scams you should watch out for, learn more.
GammaTech Services is registered in Estonia, number 14247106, see here.
There are many factors to consider when comparing your various options for Forex brokers. This included things like; Leverage Limit, Spreads, Minimum Deposit / Withdrawals, Licensing and Regulator oversight. Many people use multiple online brokers.
If you are an existing client of KayaFX, please share your trading experience with them, in the comments section below.