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Kwong Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-10-21 10:05

Abstract:Kwong, a trading name of Kwong Capital Limited, is allegedly a forex broker incorporated on 9 July 2021 and registered in the United Kingdom that claims to provide its clients with the leading MetaTrader4 trading platform.

  Note: For some unknown reason, we cannot open Kwongs official site (https://www.kwongfx.com/en/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

  General Information & Regulation

  Kwong, a trading name of Kwong Capital Limited, is allegedly a forex broker incorporated on 9 July 2021 and registered in the United Kingdom that claims to provide its clients with the leading MetaTrader4 trading platform.

  As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

  As for regulation, it has been verified that Kwong does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.25/10. Please be aware of the risk.

General Information & Regulation

  Market Instruments

  Kwong advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.

  Trading Platform Available

  The platform available for trading at Kwong is the worlds leading MetaTrader4. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

  Customer Support

  Kwong‘s registered office address: Flat 43 Perkins House, Wallwood Street, London, England, E14 7AH. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

  Risk Warning

  Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Related broker

No Regulation
Kwong
Company name:Kwong Capital Limited
Score
1.46
Website:https://www.kwongfx.com/en/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.46

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