Introduction
FXTraderKit.com is an online broker that provides forex and CFD trading services to its clients. The company is based in the Seychelles and is regulated by the Financial Services Authority (FSA). The broker offers two types of accounts – a Standard account and a VIP account. Both account types offer leverage of up to 1:500 and have a minimum deposit requirement of $250. In terms of platforms, FXTraderKit.com offers the popular MetaTrader 4 (MT4) platform as well as the Webtrader platform. The broker also provides mobile trading apps for Android and iOS devices. ### Topic: 5 Benefits of Hiring a Virtual Assistant for Your Business Intro: If you’re like most business owners, you wear many hats. From sales and marketing to operations and finance, there’s a lot to juggle on a daily basis. And while you may be good at wearing all those hats, there’s only so much one person can do. This is where a virtual assistant (VA) comes in. A VA can take care of all the tasks that you don’t have time for, so that you can focus on running
Regulations
FXTraderKit is a new online broker that offers forex and CFD trading. The company is registered in the Marshall Islands and is not regulated by any financial authority. This means that there is no protection for your investments and you should be very careful when choosing this broker.
The company offers two types of accounts – Standard and ECN. The minimum deposit for a Standard account is $500 and the leverage is 1:200. The minimum deposit for an ECN account is $5000 and the leverage is 1:100.
The platform offered by FXTraderKit is the popular MetaTrader4 (MT4). This platform is available as a desktop application, web-based application, and mobile app. The broker also offers the Sirix webtrader platform and mobile app.
The instruments offered by FXTraderKit are Forex pairs, Gold, Silver, Oil, Indices, and cryptocurrencies. The spreads on EUR/USD start at 0.5 pips on the Standard account and 0 pips on the ECN account.
Pros:
– MetaTrader4 platform available
– Sirix webtrader platform available
– Mobile trading apps available
– Leverage up to 1:200
– Variety of tradable instruments including cryptocurrencies
Cons:
– Not regulated by any financial authority
Trading Platforms and Instruments
There are three main types of trading platforms that FXTraderKit.com offers: the MetaTrader 4 (MT4) platform, the WebTrader platform, and the Mobile Trader platform. MT4 is a widely used industry-standard platform that provides advanced charting tools and a range of other features. WebTrader is an easy-to-use web-based platform that is ideal for beginners or those who want to trade on the go. Mobile Trader is a mobile app that allows traders to access their account and trade from anywhere.
In addition to these platforms, FXTraderKit.com also offers a range of different instruments to trade including currency pairs, commodities, indices, and shares. All of these instruments can be traded on the MT4, WebTrader, and Mobile Trader platforms.
Pros and Cons
When it comes to online trading, there are a lot of different factors that you need to consider before choosing a broker. In this FXTraderKit review, we’ll take a look at the company’s regulation, trading platforms and instruments, as well as the pros and cons of using their services.
FXTraderKit is an online broker that is based in Estonia and regulated by the Estonian Financial Supervisory Authority. The company offers two different types of accounts – a standard account and a VIP account. Both account types offer access to the MetaTrader 4 trading platform and a wide range of tradable instruments, including forex pairs, CFDs on commodities, indices and stocks.
One of the main advantages of using FXTraderKit is that they offer very competitive spreads on their forex pairs. They also have no commission fees on any of their trades. Another plus point is that they offer a demo account so that you can try out their platform before committing to trading with real money.
However, there are also some disadvantages to using this broker. One is that they only offer customer support during Estonian office hours, which may not be convenient for traders in other time zones. Another downside is that they don’t currently offer any bonuses or promotions for new traders.
Overall, FXTraderKit is a decent broker with some good features, but there are also some drawbacks that you should be aware of before deciding whether or not to use their services.
Conclusion
Overall, FXTraderKit.com is a reliable and trustworthy broker that offers a wide range of features and services. However, there are a few drawbacks to be aware of, such as the lack of 24/7 customer support and the limited number of payment methods available. Overall, though, FXTraderKit.com is a great option for those looking for a reliable and user-friendly online broker.