REVIEWS
Kiplar Review 2022
Reviewed
Tested
Safe
The broker’s focus in the industry is to empower traders with services that unfold hundreds of opportunities in the global market, with more than 10,000+ tradable assets in CFDs across forex, commodities, metals, shares, and cryptocurrencies.
| Kiplar Main Features | |
|---|---|
| 🗺️Established in: | 2021 |
| 🏢Headquarters: | St. Vincent and the Grenadines |
| ⚖️Regulations: | SVGFSA |
| ⚖️Country of regulation: | St. Vincent and the Grenadines |
| 💰Minimum Deposit: | $250 |
| 🖥Platforms: | Proprietary Web-Based Platform, MT5 |
| 🎮Demo Account Available: | Yes |
| 💱Leverage: | 1:400 |
| 💰Withdrawal fee amount: | No |
| 💰Inactivity Fee: | No |
Explore your potential in the market with Kiplar’s ideal conditions and features. Their top priority is to provide traders with the best service that includes hundreds of opportunities in the global markets. You can start investing and explore the markets with extensive trading benefits.
The forex broker offers the best-traded indices such as DAX, Dow Jones, FTSE, and S&P. Traders can access the energy markets and other commodities, along with global stock companies in without complexity.
| Pros | Cons |
|---|---|
| • Great proprietary trading platform | • High CFD fees |
| • The broad product portfolio of more than 10,000+ CFDs | • High minimum deposit |
| • Execution Transparency | • No 24/7 support availability |
| • Higher Leverage |
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Safety & Regulation
Kiplar is a new broker in the market and still doesn’t hold any major license from top-tier regulators like the FCA, ASIC, or CySEC. However, its operation is monitored by the SVGFSA, and the broker is obligated to follow all standard AML and KYC policies.
Is Kiplar Safe or a Scam?
Even though the broker is not regulated by a top-tier regulator, Kiplar is considered a safe broker to trade with as it maintains all safety, AML, and KYC standards. The company is also very straightforward and transparent with its execution policy.
Kiplar LTD is a financial investment company that operates under the laws of St. Vincent and the Grenadines and under the official website www.Kiplar.com, with registration number 25797BC2020 and registered address at Beachmont Business Center, Suite 76, Kingstown, St. Vincent, and the Grenadines.
The broker also offers negative balance protection to its VIP clients.
Furthermore, there is no trail of bad history or malicious misconduct towards clients or any manipulation of funds.
Accepted Countries
Kiplar can offer its services to everyone, except residents of the U.S. Keep in mind though that, You are responsible for ensuring that all services and activities of Kiplar.com are authorized in your jurisdiction.
Fees
Also, you are required a higher minimum deposit to get access to lower spreads and better service. This contradicts the statement for supporting new traders to gain access to the market easily.
Furthermore, the broker does not charge any commission for trading.
Leverage
The maximum leverage level of Kiplar is 1:400, which is considered relatively high and offers a good trading advantage.
What is Kiplar’s Minimum Deposit?
The minimum deposit required is $250 or equivalent. However, in order to get access to better service and lower spreads the minimum deposit goes up to $100,000.
Account Opening
At Kiplar, all possible measures are taken to ensure that client funds and data remain secure.
Here are the account types in more detail:
Student Account
Start trading with 250 USD and a leverage of 1: 400, the minimum trade size is 0.1.
- Leverage up to 1: 400
- Access to KIP trader
- Version for PC and mobile devices
- Web trader
- Learning Center
- Price notices
- No commissions
Advanced Account
Trade a large list of instruments with a deposit from 2,500 USD, a leverage of 1: 400 and a trade size of up to 10.00
- Leverage up to 1: 400
- Maximum trade size 10.00
- Account manager
- Individual trading strategy
- Access to KIP trader
- Learning Center
- Price notices
Specialist Account
Use trading strategies with a deposit of more than 25,000 USD, create a trading portfolio and other analysis tools
- Personal portfolio
- Exclusive market analytics
- Analysis tools
- ALL assets in KIP trader
- Fixed or floating prices
- Learning Center
- Price notices
Professional Account
Start trading with USD 100,000 to use a hedging strategy and build an effective portfolio
- Hedging allowed
- Fixed prices
- Personal portfolio
- Exclusive market analytics
- Learning Center
- Price notices
- Analysis tools
VIP Account
Open a VIP account and get negative balance protection, low price difference, and professional hedging
- Low fixed prices
- Negative balance protection
- Hedging allowed
- Analysis tools
- Exclusive market analytics
- Learning Center
- Price notices
Deposit & Withdrawal
Account Base Currencies
The accounts are only in USD
Deposit Methods available
- Credit\Debit Card
- Bank Transfer
- E-wallets
How to make a deposit?
There are several payment methods offered, from Credit Card, Wire Transfer, as well as several forms of e-payment.
- The first step is logging into your account, then go to the ‘Deposit’ section
- Click on your preferred method, enter the amount you wish to deposit, and add the payment method details into the fields
- Click on ‘Deposit’
Trading Platforms
While most of the new brokers out there use the vanilla and most used MetaTrader 4(MT4) or MetaTrader 5(MT5) platforms, Kiplar has had time to invest in creating its own proprietary investing platform. called KIP Trader.
The broker has invested massive amounts of time and resources into creating a platform that benefits traders the most. The interface is easy to understand, and the technical analysis tools are extremely powerful, especially for new traders.
KIP trader is a multi-asset platform that allows you to trade currency pairs, stocks, and indices. It offers better and more functional tools for analyzing prices, using algorithmic applications, and copying trades.
However, the platform is only available via a web browser and can work on both mobile and desktop versions.
Metatrader 5(MT5)
Kiplar also integrates with the infamous MT5 Platform to offer its clients even more advanced features and capabilities.
Accounts on the MT5 support hedging, which allows you to open multiple positions on the same financial instrument, indifferent or in the same direction. This feature is widely used in currency pair trading, providing additional trading opportunities.
Markets & Financial Instruments
- Currencies
- Stocks
- Indices
- Commodities
- Cryptocurrencies
The offerings are more than sufficient to have something for everyone, and never miss a market opportunity. Whether you like to trade fiat currencies or cryptocurrencies, stocks or indices, or even volatile commodities, there is something to trade on the platform.
Customer Service
Means Of Communication
- Live Cha
- Email Support ([email protected])
- Phone Support (+18778452532)
Client Education
Once the minimum deposit is met, clients get access to the company’s education center and resources, which is equipped with everything a trader needs to educate himself with new techniques and strategies.
Conclusion
Kiplar is a CFD and Forex broker that was founded in 2021 and is headquartered in St. Vincent and the Grenadines. This Forex trading broker provides five different trading accounts and floating spreads, along with access to more than 10,000+ different financial assets.
Overall, Kiplar is a legitimate online broker that is worth trading with.
Methodology
All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. We analyze more than 3000 data points across 8 key focus areas.
Our reviews are a combination of data research and working alongside the brokers. All information provided by the brokers are double-checked to guarantee 100% accuracy and that we remain unbiased.
2023 Review Methodology
For our 2023 Forex Broker Review, we assessed, rated, and ranked 45 international forex brokers over a three-month time period. Each broker was graded on 108 different variables and, in total, over 100,000 words of research were produced.
While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.
All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than 0.1% each year, providing site visitors with quality data they can trust. Learn more about how we test.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more at Wikipedia.
Chad Smith
Director of Research & Analysis
Chad Smith is the Director of Research & Analysis here at ForexBrokerListing.com.
Chad previously served as an Editor for a number of websites related to finance and trading, where he authored a significant number of published articles about trading and the impact of technology in transforming investing as we know it.
Overall, Chad is an active fintech and crypto industry researcher with more than 15 years of trading experience, and you can find him teaching his dog how to trade in his free time.