Kiexo: review of forex broker, rating and customer reviews

02.08.2022

Year of foundation

2020

Site

https://kiexo.com/

Software

MetaTrader 5, mobile platforms

Payment systems

Visa/MasterCard, bank transfer, cryptocurrency wallet

Affiliate program

Да

Rating

5.5

  1. General Information
  2. Advantages of Broker
  3. Disadvantages of the broker
  4. Investment programs
  5. Affiliate program
  6. Trading conditions
  7. Commissions
  8. Account Types
  9. Bonus program
  10. Training materials
  11. Safety guarantee
  12. Support service
  13. An overview of the personal cabinet
  14. Contacts
  15. Kiexo customer reviews

Kiexo is a modern intermediary in financial markets, gaining popularity among professional traders. The company's services are focused mainly on experienced investors. However, novice market players also get the opportunity to open an account and learn the basics of trading. In our review of the broker Kiexo we will consider its trading conditions, advantages and disadvantages.

💸 Assets Forex, commodities, cryptocurrencies, stocks, indices
⚖️ Leverage Up to 1:400
➕ Affiliate Program Yes
💰 Minimum deposit $250
💳 Account currency USD, EUR, GBP, AUD, THB
💹 Spreads from 0.7 points
🎁 Bonuses No
📱 Mobile Platform Yws

General Information

Kiexo's client base consists of professional and novice investors. For experienced market players the company has developed technological services for analysis of financial markets. Beginner traders receive support from managers. Analytical and training materials are available to traders after registration.

Kiexo attracts the attention of experienced traders with professional analytical tools. In addition to the standard economic calendar, investors can use the Pivot Level Calculator and the Fibonacci Calculator. The first tool allows tracking resistance and support levels in real financial market conditions. The Fibonacci Calculator is used to identify support and resistance points that indicate possible price breakouts or bounces.

Advantages of Broker

  • Advantageous conditions for traders with big trading turnover.
  • Daily analytics from Kiexo experts.
  • Technical support in 8 languages.
  • A variety of accounts for investors with different levels of initial capital.
  • Access to popular assets of currency, cryptocurrency, commodity and stock markets.

Disadvantages of the broker

  • No demo account.
  • There is no MT4 terminal.
  • The minimum deposit is relatively high.
  • There are no binary options.

Investment programs

Kiexo trading conditions are focused on investors who prefer classic trading. The company does not provide the opportunity to invest in PAMM accounts ready diversified portfolios. Passive income is possible through the Trading Signals server, embedded in the trading terminal MetaTrader 5.

Affiliate program

Partners of the Kiexo broker can earn extra remuneration for attracting new clients through the referral program. Referred traders open an account using a promo code provided by the partner. Participants of the referral program receive a part of the trading commission. Interest for partners is paid from the attracted investors' spread.

Trading conditions

Kiexo trading conditions are more suitable for professional traders who prefer to diversify their investment portfolio with different categories of financial instruments. Investors are offered scalping, hedging, copying trades of successful market players on the MetaTrader 5 trading platform. Traders can choose a desktop, mobile or web version of the MT5 terminal.

Kiexo broker clients can include different assets in the investment portfolio:

  • currency pairs (over 90);
  • exchange commodities (metals, wheat, coffee, etc.);
  • securities (more than 200 shares of the largest companies in the world);
  • digital currencies (Bitcoin, Ethereum, Litecoin, etc.);
  • energy commodities (oil, gas);
  • Stock indices (FTSE 100, DAX 30, S&P 500).

6 types of pending orders, almost 40 built-in indicators and more than 30 chart objects are available in all trading terminals. The company also offers free signals and news. For professional traders with large trading turnovers Islamic accounts and reduced spreads are available.

Commissions

Kiexo does not charge for deposits and withdrawals. Interest on transactions can be charged by payment systems. No commission is charged for transferring funds between own accounts. There is no additional fee for the service of accounts.

Among the trading commissions Kiexo has spreads and swaps. Spreads at the broker are floating and can widen on the news and at night time. The trading commission is an average of $7. Kiexo sets swaps for transferring open positions to the next day. Some tariffs also provide for the possibility of opening swap-free accounts.

Account Types

Kiexo trading accounts are focused on investors with different levels of initial capital. Tariffs differ in the size of the minimum deposit, trading advantages, range of assets. Before opening an account, traders may consult with the account manager in order to choose the option with the most favorable conditions.

Types of Kiexo accounts:

  1. "Beginner". This account focuses on traders wishing to begin trading with a minimum deposit of $250. Beginner investors get access to training materials, as well as the opportunity to contact the support team with any trading questions.
  2. "Explorer". This account has a minimum initial deposit threshold of $10,000. Its owners can use several types of orders, trading signals and different types of assets, including indexes and commodities of the energy sector.
  3. "Trader. This account is available for investors with the initial capital of $30 thousand and more. It is possible to analyze the situation on the stock, commodity and other financial markets using analytical tools. This account suits adherents of intraday and multiactive trading.
  4. "Trader PRO. Investors with initial deposit of $100K and more may choose this account with an opportunity to work with a personal account manager. Daily forecasts and trading signals as well as in-depth market analysis by Kiexo analysts will help you increase your trading efficiency.
  5. "Expert. The account with the minimum initial capital of $500 thousand supposes the diversification service of the investment portfolio. Lower spreads and relevant quotes make this tariff suitable for intraday trading.
  6. "Expert PRO. Tariff with the minimum deposit of $1 million distinguishes itself by a wide choice of assets and the presence of an Islamic account.
  7. VIP. This account is focused on large investors with the capital of $5 million and more. Its owners can take advantages of the previous tariff and also have access to the professional instruments of the technical and fundamental analysis.

One of the disadvantages of Kiexo broker, which is noted by traders in their reviews, is the lack of a demo account. The company's clients cannot test its conditions without making a real deposit. The absence of cent and demo accounts, as well as a relatively high minimum deposit for beginners confirms that Kiexo prioritizes cooperation with experienced investors.

Bonus program

At the moment Kiexo has no bonus program. The company also does not offer clients to participate in promotions and contests. The broker argues the lack of bonuses by focusing on professional traders with a large trading turnover. According to experts, large investors do not need additional rewards and bonuses.

Training materials

Kiexo's website does not have a full library of training materials in the public domain. The broker's clients get an opportunity to learn the basics of investing after registration. Traders can familiarize themselves with Kiexo trading conditions in the "Help Center" section.

On the Kiexo site investors will find answers to frequently asked questions, legal documentation, financial markets opening hours. There is no publicly available dictionary of basic Forex terms, training articles, news and other materials. Also Kiexo company does not offer a description of trading strategies and analysis of traders' psychology. To clarify the possibility of obtaining this information, please contact a manager from technical support.

Safety guarantee

The broker does not yet have an official license and compensation fund. Kiexo keeps clients' money not on segregated accounts, but inside the company. In the case of bankruptcy of the organization, traders do not get a guarantee for the return of their investment. Despite this, the company provides clients with personal security.

When registering, investors undergo mandatory verification and identity verification, which allows the forex broker to reduce the risk of fraud. All personal information about traders is stored in closed databases.

Funds depositing and withdrawal
For deposit and withdrawal of funds you can use cards of Russian banks, cryptocurrencies, bank transfers. Kiexo broker sets the minimum withdrawal amount of $50. The company does not prevent the transfer of funds between several internal accounts. The history of financial transactions is saved and displayed in the personal cabinet.

Support service

Kixo broker is oriented on traders from different countries. Client consultations are available in several languages, including English and Russian. The support service is available 24 hours a day. However, it is possible to contact the managers only on weekdays.

Kiexo company offers several options for contacting the support team. For any trading and technical questions you can call the hotline. The broker also provides an e-mail for feedback. Traders can write to the online chat at kiexo.com. Usually managers answer immediately. In case the hotline is very busy, the customer support representatives get in touch within a few minutes.

An overview of the personal cabinet

In order to enter the personal cabinet you need to register on the official website of Kiexo broker. To log in, fill out the online contact form, indicating your full name, address of actual residence, phone number, e-mail. After that, the company representatives will contact you to provide further instructions on verification.

There are several sections available in the trader's personal cabinet. Kiexo clients can track financial transactions and conduct transactions between their accounts. A separate section displays the user's personal data. In the personal cabinet you can change your account password, as well as contact the technical support if you have any questions.

Contacts

Phone +18888189801
E-mail [email protected]
Online Chat On the broker's website

Kiexo customer reviews

When writing a review of Kiexo broker, we analyzed the reviews of traders on thematic forums. The disadvantages of the forex broker investors include a high minimum deposit, a limited number of trading terminals, the lack of an official license. Of the advantages traders note the variety of assets, stable software operation, well-established withdrawal of funds.

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