WikiFX Review: Something You Need to Know About Kana Capitals
Abstract：Are you preparing to invest with a broker called Kana Capitals? If so, we recommend that you take a few minutes to read this article about Kana Capitals before making a decision.
About Kana Capitals
Registered in the UK, Kana Capitals is an online forex broker providing more than 165 trading instruments in financial markets to its clients, including forex, equity indices, energies, precious metals, and CFDs.
Regulation: Is Kana legit？
According to WikiFX, this broker does not hold a regulatory license. It is an unregulated broker with a low WikiFX score. An unregulated broker is more likely to take clients money away fraudulently. That is why its regulatory status on WikiFX is portrayed as “No License” and it receives a relatively low score of 1.47/10.
Account Types&Minimum Deposit
Kana Capitals offers clients three different types of accounts. They are the Standard account, ECN account, and PRO account.
Leverage
This broker offers leverage of up to 1:500. It is considered high. Please note that high leverage can amplify benefits as well as losses. If you are an Inexperienced trader or newbie, you should think of this broker with care.
Trading Tools
Kana Capitals offers Live Charts, Pip Calculator, Live Prices, Economic Calendar, Glossary, and Pivot Points to enhance its services.
Spreads
Kana Capitals claims that different account types can enjoy quite different spreads. Specifically, the spread on the Standard account starts from 1.2 pips, the ECN account clients can enjoy raw spreads and the Pro account holders have spread from 1.5 pips.
Trading Platform
This broker uses the popular MT 5 platform as its main trading platform.
Contact Information
The physical address for this broker is 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ. The phone number is +971 58 828 8957. Besides, you can also contact them via email or fill out the online form.
Social Media Promotion
Kana Capitals understands the importance of social media promotion. Kana Capitals has accounts on Twitter, Facebook, and Instagram.
Conclusion
It is obvious that Kana Capital cannot ensure your fund safety. There is a lot of fundamental information missing when we explore its website. for example, we dont know who owns the company. We advise traders to do more research before considering this broker. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself.
Click on Kana Capitals' WikiFX page for details
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