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Kimonsage Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-14 14:54

Abstract:Kimonsage offers diverse trading assets, but the minimum deposit of €10,000 may prove an impediment to some prospective customers.

  Kimonsage offers diverse trading assets, but the minimum deposit of €10,000 may prove an impediment to some prospective customers.

Kimonsage's homepage

Pros and Cons

Pros Cons
Multiple trading assetsNot regulated
Various account typesLimited information
5 language-supported websiteRelatively new

Is Kimonsage Legit?

  Kimonsage was founded on May 03, 2024. Kimonsage is not currently licensed by the UK Financial Conduct Authority (FCA). Furthermore, the company is not on the KNF, FCA, CySEC, or FSC regulators list.

No license

  

Domain information

What Can I Trade on Kimonsage?

  Kimonsage offers six tradable assets that traders can choose from according to their needs.

Tradable Instruments Supported
Forex✔
Shares✔
Indices✔
Cryptocurrencies✔
Metals✔
Soft Commodities✔
Options❌

Account Type

  Kimonsage offers seven trading accounts: Vip, Premium, Diamond, Platinum, Gold, Silver and Bronze. And it also provides an Islamic account.

  VIP accounts are intended for high-net-worth individuals or professional traders.

  Premium accounts were created for seasoned traders seeking extra resources and advanced tools.

  Diamond accounts are available for those who may require a more in-depth service.

  The Platinum accounts are designed for intermediate-level traders who require increased market access and leverage.

  Those new to, or with some experience of, trading who are seeking a trading environment and support that offers greater stability can consider Gold accounts.

  Silver accounts were created for novice traders with limited funds who want access to basic trading services.

  Bronze accounts focus on essential features suitable for beginner traders or individuals with limited budgets.

Kimonsage Fees

  Kimonsage fees are higher than the industry average.

Account TypeMinimum DepositSpread
Vip€100,0000Not mentioned
Premium€500,000Not mentioned
Diamond€250,000Not mentioned
Platinum€100,000Not mentioned
Gold€50,000Not mentioned
Silver€25,000Not mentioned
Bronze€10,000Not mentioned

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5❌Windows, iOS, AndriodExperienced traders

Deposit and Withdrawal

Deposit Options

Deposit Options Min. DepositProcessing Time
Visa€10,000Not mentioned
Mastercard€10,000Not mentioned
Skrill€10,000Not mentioned
Perfect Money€10,000Not mentioned
Cryptocurrencies€10,000Not mentioned

Withdrawal Options

Withdrawal Options Min. Withdrawal Processing Time
Visa€10,000Not mentioned
Mastercard€10,000Not mentioned
Skrill€10,000Not mentioned
Perfect Money€10,000Not mentioned
Cryptocurrencies€10,000Not mentioned

Customer Service

Contact Options Details
Phone+442037572169
Emailsupport@kimonsage-mail.com
Support Ticket System❌
Online Chat❌
Social MediaFacebook, Twitter, Linkedin, Whatsapp
Supported LanguageEnglish, Hindi, Flemish, Malay, French
Website LanguageEnglish, Hindi, Flemish, Malay, French
Physical Address35 Bank St, London E14 5NW, United Kingdom

The Bottom Line

  Overall, Kimonsage offers many trading resources that can be effectively combined to create a well-balanced market. However, the minimum deposit requirement of €10,000 represents a barrier to entry for many potential traders. This broker is well-suited to individuals with substantial capital.

FAQs

  Is Kimonsage safe?

  The lack of regulation governing information provided by Kimonsage renders it highly obscure, thereby making Kimonsage an unsafe business to engage with.

  Is Kimonsage good for beginners?

  Kimonsage does not provide any educational resources and requires a minimum deposit of €10,000, which makes it unfriendly for beginners.

  Is Kimonsage good for day trading?

  No. Since Kimonsage's information is not transparent, customers may encounter high fees.

Related broker

No Regulation
Kimonsage
Company name:Kimonsage Group
Score
1.29
Website:https://www.kimonsage.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.29

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