Keler Group is another offshore & nonregulated CFD broker that only opened on October 20th 2021. This broker is identical to many other CFD brokers that we have reviewed before, because they are using the same white label software.
You are not the only person who is having problems with Keler Group Brokers. We have received quite a few complaints from other investors, read this.
Keler Group Reviews
Day Traders and Investors at Keler Group are offered a basic white label web-based trading platform. This trading platform is simple with no frills, and not very user friendly for a new trader since it is lacking many important features. They are using the popular Trading View charts, but are not a recommended broker at Trading View.
If you have dreams of becoming a professional investor / day trader, you will not find the industry standard Meta Trader 5 (MT5) trading app. All investors today are using a decent mobile trading app, but this broker doesn’t offer one.
Like all brokers, they offer a nice variety of underlying assets for CFD trading including; Forex Major, Forex Minor, Crypto Currency, Gold, Silver, Oil, Natural Gas, Market Indices, and Shares. Margin rates on $BTCUSD are 10:1 and the spread is $100. Since you signed up to Keler Group from a Bitcoin Circuit type scam, the minimum required deposit is $250.
This broker uses a few different payment processors to deposit with Crypto or Credit Cards. When depositing money at a broker that uses crypto payment processors, you lose your credit card fraud protection.
Scam Crypto Trading App
Just like you and everyone else read this broker review, we found these guys when we registered for the Bitcoin Circuit trading app that someone had emailed us.
You should really take a few minutes to learn about automated trading apps, see here.
Is Keler Group a Legit Broker?
No, Keler Group is not a licensed or regulated broker, and they are not supervised by any government agency. Although they are targeting people in the United Kingdom, they are not regulated by the government regulator FCA.
Officially they are owned and operated by “Digital Markets Incorporated” located at: Rue de la Bourse 2, 1204 Genève, Switzerland. Is there anyone actually at that address? probably not. Customer support email address is: [email protected]. Their official website is at: https://www.kelergroup.com/.
The way that the Scam Broker Investigator reviews a new Forex or Crypto CFD broker to see if they are a scam broker or a legitimate broker, is by checking for a license from a government financial regulator. When investors use a local broker, that is licensed and regulated in your country, it usually ensures you will not have problems withdrawing your profits.
Compare Regulated Brokers
New investors who are looking for a regulated broker have plenty of brokers to choose from.
Fusion Markets is an ASIC Australia regulated broker, offering the lowest prices on trading commissions, plus very competitive spreads on Crypto trading.
Fusion offers you a full list of assets for trading including; US Shares, Oil, Gold, Crypto and Forex, see here.
If you are already investing with the Keler Group, please share your experience using this broker with other readers in the comments section below.