Kowela Review 2021

Kowela Summary

Kowela is an online forex and CFD broker that was founded in 2021 and is based in St. Vincent and the Grenadines.

At Kowela, they believe there is always a better way to do investments. For many years, they’ve been empowering traders by helping them take control of their investment strategies.

Today, they’re proud to continue to deliver exceptional access to education, resources, and service to help you pursue your goals with confidence.

Kowela Main Features
Established in: 2021 Headquarters: St. Vincent and the Grenadines
Regulations: SVGFSA Country of regulation: St. Vincent and the Grenadines
Minimum Deposit: $2,500 Platforms: Proprietary Web-Based Platform
Demo Account Available: Yes Leverage: 1:400
Withdrawal fee amount: No Inactivity Fee: No

Pros

  • Reliable, fast trading system
  • The broad product portfolio of more than 1,500+ CFDs
  • No hidden fees on all transactions
  • Efficient high leverage

Cons

  • High CFD fees
  • High minimum deposit
  • No 24/7 support availability

Global markets are more accessible than one might think. Kowela allows its clients to trade more than just currencies. Using their proprietary platform, you can experience a reliable and fast trading system.

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.

Kowela

Safety & Regulation

Kowela is a fairly 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 Kowela Safe or a Scam?

Even though the broker is not regulated by a top-tier regulator, Kowela 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.

Furthermore, there is no trail of bad history or malicious misconduct towards clients or any manipulation of funds.

Accepted Countries

Kowela can offer its services to everyone, except residents of the U.S, North Korea, and Iraq. Keep in mind though that, You are responsible for ensuring that all services and activities of Kowela.com are authorized in your jurisdiction.

Fees

Kowela has relatively high trading fees overall. The fee structure differs among various account types, and it is not very transparent in order to calculate costs easily.

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 Kowela is 1:400, which is considered relatively high and offers a good trading advantage.

What is Kowela’s Minimum Deposit?

The minimum deposit required is $2,500 or equivalent. However, in order to get access to better service and lower spreads the minimum deposit goes up to $1,000,000.

Account Opening

This online broker provides six different trading accounts for its clients, the Junior Account, the Advanced Account, the Investor Account, the Trader Account, the Trader Pro Account, and the VIP account. Based on the account type, traders can get access to better spreads and leverage levels.

At Kowela, all possible measures are taken to ensure that client funds and data remain secure.

Here are the account types in more detail:

Junior Account

  • Multiple markets: Indices, Energies
  • In-depth investing tools for daily trading
  • Access to weekly signals
  • Competitive market pricing
  • Multiple execution orders
  • Multi-language support

Advanced Account

  • Advanced markets: Stocks, Energies
  • In-depth investing tools for daily trading
  • Fundamental trading materials
  • Access to multi-asset trading
  • Low market pricing
  • Multiple execution orders
  • Multi-language support

Investor Account

  • Advanced markets: Stocks, Currencies
  • In-depth investing tools for daily trading
  • Daily technical and main materials
  • Signals with comprehensive analysis
  • Complex charting and indicators
  • Low market pricing
  • Multiple execution orders
  • 24/5 multi-language support

Trader Account

  • Customized trading portfolio
  • Advanced global market instruments
  • In-depth investing tools for daily trading
  • Daily technical and primary materials
  • Live signals with analysis
  • Complex charting and indicators
  • Low market pricing
  • Multiple execution orders
  • 24/5 multi-language support

Trader Pro Account

  • Islamic Accounts
  • Customized trading portfolio
  • Thousands of market products
  • In-depth investing tools for daily trading
  • Daily technical and main trading materials
  • Live signals with analysis
  • Complex charting and indicators
  • Low and allotted market pricing
  • Multiple execution orders
  • 24/5 multi-language support

Vip Account

  • Islamic Accounts
  • Customized trading portfolio
  • Customized investing materials
  • Thousands of market products
  • All-inclusive daily trading tools
  • Daily technical and fundamental signals
  • Daily comprehensive analysis
  • Complex charting and indicators
  • Low and allotted market pricing
  • Sophisticated investment resources
  • Advanced execution orders
  • 24-hour multi-language assistance

Deposit & Withdrawal

The broker provides different payment methods to fund your trading account. All deposits and withdrawals are processed depending on the level of priority of each account type.

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.

  1. The first step is logging into your account, then go to the ‘Deposit’ section
  2. Click on your preferred method, enter the amount you wish to deposit, and add the payment method details into the fields
  3. 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, Kowela has had time to invest in creating its own proprietary investing platform.

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.

However, the platform is only available via a web browser and can work on both a mobile and desktop version.

Markets &Financial Instruments

The broker offers CFD trading in more than 1,500+ assets, with more being added constantly. These individual assets fall under the following asset classes:

  • 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

Kowela offers several different means of communication for you to reach out to their customer support team. You will find that most means of communication provide lively and fast responses from a team who are highly trained to accommodate all traders’ needs, regardless of the client’s trading experience.

Means Of Communication

  • Live Chat
  • Email Support (customer.info@kowela.com)
  • Phone Support (+18008615256)

Client Education

Client education is a very important part of a trader’s journey and Kowela takes that seriously.

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

Kowela 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 six different trading accounts and floating spreads, along with access to more than 1,500+ different financial assets.

Overall, Kowela is a legitimate online broker that is worth trading with.

kowela
$2,500
Min. Deposit
N/A
Bonus
Regulated bySVGFSA
Leverage1:400
Customer Support24/5
Open Account

Kowela Overall Performance

  • Safety and Regulation 30% 30%
  • Deposit and Withdrawal 98% 98%
  • Market Research & Trading Tools 97% 97%
  • Broker Fees 50% 50%
  • Trading Platforms 97% 97%
  • Customer Service 99% 99%
  • Account Opening 98% 98%
  • Market & Financial Instruments 97% 97%
  • Client Education 99% 99%