KIEXO Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $250
- MT5
- 2019
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $250
- MT5
- 2019
Our Evaluation of KIEXO
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
KIEXO is a moderate-risk broker with the TU Overall Score of 6.98 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by KIEXO clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
KIEXO is an unregulated broker that offers optimal conditions for experienced traders willing to invest high money in Forex trading.
Brief Look at KIEXO
KIEXO is an international Forex broker that provides the ability to trade in currencies, indices, stocks, energy, commodities, and cryptocurrencies. Globally, more than 39 thousand clients use the company's services. The jurisdiction of KIEXO is in Saint Vincent and the Grenadines. The broker guarantees traders maximum transparency of operations, favorable trading conditions, and qualified support from professional investors.
- Favorable conditions for professional traders: more than 1500 trading instruments, daily analytics.
- The ability to open Islamic accounts without charging a swap commission.
- Tight market spreads from 0.7 pips.
- The broker only offers the MT5 platform. There is no possibility to trade with MT4.
- There is no official license and activity regulator.
- High minimum deposit - from $250-$10 million depending on the type of account.
- The company's website does not have a section with training materials or a detailed description of trading accounts terms.
- Investment programs are limited to the platform for copying trades - the standard MetaTrader 5 service.
TU Expert Advice
Financial expert and analyst at Traders Union
KIEXO is an international brokerage company that provides its clients with quality service, support from professional investors, and a wide range of trading assets. The broker stands for complete transparency and honesty towards its clients, and it provides the most favorable trading conditions while ensuring the safety of funds invested by traders.
The KIEXO brokerage company is suitable primarily for experienced traders and professionals. Newcomers to the financial markets may face certain difficulties when choosing KIEXO as an intermediary. We are talking about the lack of educational and cent (micro) accounts, a high minimum deposit, and limited trading opportunities. The broker offers passive investors only one option for making a profit, which is connecting to signals or broadcasting them through the MQL5.community account.
The main advantages of KIEXO are the availability of a website in 8 languages and round-the-clock support 5 days a week. Operators always respond quickly and competently.
- You desire to open an Islamic account without incurring swap commissions.
- You seek access to a diverse array of instruments, including currencies, commodities, stocks, indices, energies, and cryptocurrencies, with the added advantage of tight market spreads starting from 0. 7 pips and high leverage up to 1:400.
- You are a beginner or a low-budget trader who cannot meet the high minimum deposit requirement ranging from $250 to $10 million, depending on the account type.
- You prefer to trade using the MT4 platform, which is not available with Kiexo.
- You have reservations about the lack of an official license and regulation for Kiexo, which is based in Saint Vincent and the Grenadines.
KIEXO Summary
| 💻 Trading platform: | MT5 (desktop, mobile, and web platform) |
|---|---|
| 📊 Accounts: | Beginner, Researcher, Trader, Trader PRO, Expert, Expert PRO, VIP, VIP PRO |
| 💰 Account currency: | USD, EUR, GBP, AUD, THB |
| 💵 Replenishment / Withdrawal: | Credit and debit cards (Visa and MasterCard), bank transfer, transfers via crypto wallets |
| 🚀 Minimum deposit: | From $250 |
| ⚖️ Leverage: | Up to 1:400 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | Floating from 0.7 pips |
| 🔧 Instruments: | Currency pairs, commodities, stocks, indices, energies, cryptocurrencies |
| 💹 Margin Call / Stop Out: | 100%/25% |
| 🏛 Liquidity provider: | No data |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market execution |
| ⭐ Trading features: | Wide variety of trading assets and accounts; Web platform; Trading Signals platform. |
| 🎁 Contests and bonuses: | No |
KIEXO’s trading conditions are suitable for beginners and experienced traders who are ready to invest in Forex trading from $250 and work on the MetaTrader 5 terminal. The broker provides a wide range of trading instruments, leverage up to 1:400, and low floating spreads. Islamic accounts are available for professionals. The main disadvantages of KIEXO are the lack of training and cent accounts, as well as bonus programs.
KIEXO Key Parameters Evaluation
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Trading Account Opening
To start trading Forex with the KIEXO broker, you need to register on its website and open a trading account. The algorithm of actions is as follows:
Go to the broker's official website, choose a convenient interface language and click "Create an account".
Enter your first name, last name, date of birth, address, telephone number, country, and city of residence in the registration form. Select the currency of the account. A prerequisite for registration is the existence of a promotional code from a current KIEXO client. It will not be possible to open an account without it.
The following functions are available to the user in the personal account:
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Financial section for making deposits and withdrawing funds with the history of all financial transactions.
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Section with the history of trading operations on the client's account.
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Section with personal data of the client.
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Information section.
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Block for communicating with the broker's support service.
Regulation and safety
The KIEXO broker is registered in Saint Vincent and the Grenadines under number 475LLC2020.
The company does not have a license to provide brokerage services, and its activities are not controlled by any government regulators. This means that KIEXO operates under its own regulatory documents, does not participate in compensation funds, and cannot guarantee the protection of its clients' funds.
Advantages
- Fast account opening procedure
- The ability to deposit and withdraw money through crypto wallets
Disadvantages
- If the broker violates the terms and conditions of the offer, traders cannot file a claim with an authoritative regulator
- Customer funds are held internally, not in segregated accounts
- Compensation for financial losses is not available to traders
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| All account types | From $7 | No |
The broker charges a swap commission for transferring a position to the next day. The Traders Union specialists also compared the average spreads for KIEXO, RoboForex, and EXNESS. The results of the comparison are presented in the form of a table.
| Broker | Average commission | Level |
|---|---|---|
|
$7 | |
|
$1 | |
|
$8.5 |
Account types
KIEXO offers eight types of real accounts, which differ in the size of the minimum deposit; the range of assets available for investment; and additional trading advantages. On all types of accounts, there are floating spreads from 0.7 pips. The maximum leverage is 1:400.
Account types:
The broker does not have demo accounts, so potential clients do not have the opportunity to test the conditions and functionality of the trading platform without financial investments.
KIEXO positions itself as a broker for a trader with any trading experience. However, the high minimum deposits, the limited trading capabilities of the Beginner account, and the lack of training and cent accounts indicate that the company is still focused on cooperation with professional market participants.
Deposit and Withdrawal
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The broker does not charge a commission for withdrawing funds from accounts and internal transfers between accounts. The fees charged by payment systems for transactions on the company's website are not indicated.
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Credit and debit cards such as Visa and MasterCard, bank transfer, and transfers via crypto wallets are available for deposits and withdrawals.
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The minimum withdrawal amount is $50.
Investment Options
Investment Programs, Available Markets and Products of the Broker
The KIEXO broker is aimed at traders who prefer independent trading in the Forex market. Its clients do not have the opportunity to invest in PAMM accounts and ready-made diversified portfolios. The only way to get passive profit is to connect to the service of trading signals in MetaTrader 5, which is a platform for copying trades of users registered in the MQL5.community.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
KIEXO’s affiliate program:
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Referral program - a partner receives a reward if a potential client opens a trading account using his promotional code and makes a minimum deposit.
Clients of KIEXO who distribute their referral code on websites and blogs have access to a part of the brokerage commission, which the company returns for trading by the referred users.
Customer support
Customer support is available 24 hours a day, 5 days a week.
Advantages
- There is an online chat
- You can ask a question in 8 languages
Disadvantages
- Closed on weekends
- You cannot order a callback
The company offers the following methods to communicate with representatives of customer service:
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a description of the problem in the online chat;
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a call to the international number indicated on the website;
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a request by email.
Technical support operators answer questions not only from customers with active accounts but also from unregistered users.
Contacts
| Foundation date | 2019 |
|---|---|
| Registration address | Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines |
| Official site | kiexo.com |
Education
The company's website lacks full-fledged training. The broker provides training materials after opening a trading account and making a deposit. To help newcomers, the site has created a Help Center section with information on the trading conditions of KIEXO.
The broker does not provide demo accounts. For this reason, the knowledge gained can be applied in practice by opening a real account.
Comparison of KIEXO with other Brokers
| KIEXO | RoboForex | Pocket Option | Exness | Eightcap | FxGlory | |
| Trading platform |
Mobile platforms, MetaTrader5 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MT5 | MT4, MobileTrading, MT5 |
| Min deposit | $250 | $10 | $5 | $10 | $100 | $1 |
| Leverage |
From 1:1 to 1:400 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:30 to 1:500 |
From 1:1 to 1:3000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | 8.00% |
| Spread | From 0 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 2 points |
| Level of margin call / stop out |
100% / 25% | 60% / 40% | 30% / 50% | No / 60% | 80% / 50% | 20% / 10% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Instant Execution, Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | Yes | No | No | No | No |
Detailed Review of KIEXO
KIEXO is an investment company that provides Forex brokerage services to traders around the world. Its team consists of professionals with solid investments and extensive experience. The broker strives to satisfy the trading needs of traders with different skill levels and capital sizes. To this end, its clients receive a wide variety of flexible accounts, over 1,500 instruments, and ultra-fast execution.
Real figures about KIEXO, characterizing the broker's activities:
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Almost 40 thousand persons have opened trading accounts.
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More than 1,500 trading assets.
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Clients have access to 8 types of real accounts.
KIEXO is a broker with comfortable conditions for novice and professional traders
KIEXO aims to satisfy the trading reserves of users of all backgrounds and capital requirements. The broker provides clients with 8 types of trading accounts with conditions adapted to different strategies. Newcomers receive weekly signals, competitive quotes, and free beginner tutorials. Professionals have access to signals with in-depth analysis, round-the-clock support in 8 languages, and the ability to open Islamic accounts.
All KIEXO clients trade through MetaTrader 5 terminals, including mobile and desktops. The broker also provides a WEB-trader based on MT5, which allows you to work through the browser of any device without installing additional software. There are six types of pending orders, 38 built-in indicators, 37 graphic objects, free-market data, and news available on all platforms.
Useful services of KIEXO:
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Economic calendar. Displays the current and most important economic news and events that affect global markets.
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Pivot Level calculator. A tool for calculating pivot points, tracking resistance and support levels in real market conditions.
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Fibonacci calculator. A technical analysis tool to determine the value of support and resistance, where the most important breakouts or bounces may occur.
Advantages:
Professional traders have access to a wide range of trading assets.
The broker offers tight floating spreads.
The company does not charge non-trading fees for deposits and withdrawals.
It is possible to trade through any device. Terminal MT5 is available in desktop, mobile, and web versions.
You can connect to the Trading Signals platform, which is a service for copying trades built into MetaTrader 5.
As a trading fee, the broker withholds the spread only, there are no other commissions.
User Satisfaction