Is KayaFX a Scam or a Reliable Forex Trading Broker? ▲
▲ Check Out This 100% Full KayaFX Review by Experts
Minimum Deposit + Withdrawal Procedure – See Below!

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BrokerKaya FX
Website URLwww.KayaFX.com
HeadquartersRoosikrantsi 2-K284, Tallinn, Harju maakond, 10119
Support Number+442037699927
Support TypesLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$250
Free Demo Account Open Demo
Account TypesMini, Bronze, Silver, Gold
Deposit & Withdrawal MethodsVisa, MasterCard, Maestro, Neteller, Skrill Moneybookers, Stripe, Sofort, NeoSurf, Wire Transfer
Overall Score9.4/10

Full Review

If you are interested in investing in forex or perhaps cryptocurrencies, then KayaFX could be one of the best options for you.

We came across this broker recently and we must say that we are quite impressed with what they have to offer. To establish whether they were a trustworthy option or not, we conducted a massive research on them.

Kaya FX has managed to surpass the expectations of its users. To find out more interesting facts and details about this new player on the forex and crypto market, read this complete review.

How to Trade with Kaya FX?

There is nothing complicated about using the services of Kaya FX. In fact, the broker has taken into account the trading needs of both experienced traders and newcomers and has developed platforms that are suitable for everyone.

Their website has been put together really well so it is easy to find what you are looking for. There is a comprehensive education section that includes resources, guides and ebooks to help trades enhance their learning experience.

There are 3 types of platforms that traders can choose from. Their Meta Trader 4 platform and WebTrader are suitable for newcomers as well as experienced traders. They have also developed a mobile trading app that facilitates trading while the trader is on the move. Having multiple options in trading is extremely good because no matter where traders are, they can monitor their accounts in real time.

Steps to Join The Broker

A number of simple steps must be followed by every trader who is looking to trade with Kaya FX. Let’s take a look.

  • Sign Up – a registration form must be filled out accurately with your details.
  • Make a Deposit – the minimum deposit requirement to meet at this stage is $250.
  • Trade – you can choose an asset from the forex or cryptocurrency category and make investment decisions.

Keep in mind:

The amount you deposit is for investing purpose only. There are no fees or charges associated with using any of KayaFX’s services. How you invest your funds is entirely up to you.

Is Kaya FX Scam or Legit?

The broker has been in the market for some time now, but we haven’t seen any major complaints that could indicate that they have ill intentions. In fact, the reviews that are appearing on the internet are mainly positive. By taking a look at what users have to say about their experience with KayaFX, it is quite evident that they are a good choice.

Upon digging further, we found more facts and information which confirms that KayaFX is the real deal.

To determine their legitimacy, we looked for information on where they are physically located. The broker is based in Estonia and they are operated by GammaTech Services OU. We were able to verify the address they provided on their website.

Today, there are not many brokers that offer trading in cryptocurrencies. Kaya FX is not only an option available for investing in crypto assets, but they are extremely reliable as well. According to reviews we have come across, the broker has the capability of meeting the needs of its clients in this precise category of trading.

With some brokers, it is hard to set up an account and get started with forex trading. But the processes at KayaFX is incredibly simple. Their minimum deposit requirement meets the standards of the industry which makes them an affordable choice for newcomers.

Review Verdict: Kaya FX is NOT a Scam

Visit Kaya FX Official Website

There are so many assets available including some very popular ones from around the world. Learning materials are vast and so are the trading tools. If the broker wasn’t genuine, they wouldn’t put in so much effort to develop 3 different trading platforms and offer comprehensive resources to make trading accessible and simple for traders.

With so many options to choose from, Kaya FX is certainly a good broker.

Procedure for Deposits and Withdrawals

If you are interested in giving KayaFX a try, you must become familiar with the payment options they are supporting. They are plenty of options available and you can choose one that is most suitable for you.

KayaFX supports all major credit cards, debit cards, Neteller, Skrill, China Union Pay and bank wire transfer.

As mentioned before the minimum deposit is only $250. At the moment, we don’t have information on their minimum withdrawal policies.

Point to note:

When making withdrawals, it is important for every trader to provide identity proof. A number of documents will be required by the broker such as copies of your ID and copies of your address proof to verify your details before withdrawal processing takes place. Also, keep in mind that your withdrawal option must be the same as your deposit method.

Account Types

The team at KayaFX always strives to offer the widest range of products and services to help their clients meet their specific needs and preferences. at the moment, there are 4 types of accounts available with different deposit requirements, features, bonuses and benefits.

They include Mini, Bronze, Silver and Gold. Upon signing up, traders can get access to a wide range of benefits including trading tools, personal account manager, one-on-one training, Expert Advisor, market analysis, etc.

Demo trading offered:

New to forex or cryptocurrency trading? Do not worry because Kaya FX offers a fully functional demo trading account funded with virtual funds for practice purpose. You can sign up, trade in a simulated environment and become familiar with the features of the brokers and their trading platform without any risk or obligation.

Customer Support

KayaFX has a disciplined approach when it comes to providing support to its clients. They are attentive, have good communication skills and most importantly they are knowledgeable. They offer support service in different languages and they can be reached via phone, email and live chat.

Final Words

good_choice_stamp_7robotsWe did not come across anything that suggests Kaya FX could be a scam. They are fairly new, but they have proven to be reliable.

Anyone who is looking for a genuine broker for trading cfds on forex or cryptocurrencies will find KayaFX to be a viable option. We are pleased with their services and we recommend them to our readers.