KLMFX Review 2021
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| KLMFX offers traditional assets and markets on the MetaTrader 5 platform. | ||
KLMFX is a multiple award-winning broker that provides access to Forex, stocks, indices, commodities. Interestingly, KLMFX supports the MetaTrader5 trading platform, but not the hugely popular MetaTrader4 predecessor at this point.
In terms of features offered to traders, KLMFX has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.
Please note that KLMFX is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.
KLMFX Summary
KLMFX offers traditional assets and markets on the MetaTrader 5 platform.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, stocks, indices, commodities |
| Demo Account | ✓ |
| Min. Deposit | $250 |
| Min. Trade | 0.01 lots |
| Regulated By | |
| MetaTrader 4 | ✗ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | ✓ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
CFD products with 1:800 leverage is offered.
| Leverage | 1:800 |
|---|---|
| FTSE Spread | 1.2 |
| GBPUSD Spread | 2.4 |
| Oil Spread | 0.3 |
| Stocks Spread | Variable |
Forex Trading
KLMFX offers online currency trading on majors, minors and exotics.
| GBPUSD Spread | 2.4 |
|---|---|
| EURUSD Spread | 1.5 |
| EURGBP Spread | 2.5 |
| Assets | 44 |
Binary Options Trading
| Payout Percent |
|---|
Payment Methods
KLMFX accepts the following payment methods:
- Visa
- Credit Card
- Skrill
- Neteller
Awards
KLMFX is a multiple award-winning broker, with 3 awards received so far.
- Best Broker for Experience and Technology 2015
- Best Broker for Customer Service 2015
- Best Broker for Analysis and Reports 2014
FAQ
Is KLMFX Safe?
Yes, most likely, as we gave KLMFX a trust score of 40% in our review. The main negative factor in this score is that KLMFX is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does KLMFX Accept PayPal?
No, KLMFX does not accept PayPal payments.
Is KLMFX Halal?
Yes, KLMFX does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does KLMFX support?
KLMFX only supports the MetaTrader 5 trading platform at this time.
Is KLMFX Regulated?
No, unfortunately KLMFX is not regulated to our knowledge. Careful traders might want to check out our list of FCA regulated brokers for options.
KLMFX vs Other Brokers
If you want to compare KLMFX with other brokers, use the detailed comparisons below.
KLMFX vs |
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| KLMFX offers traditional assets and markets on the MetaTrader 5 platform. | ||