Kragex
4.5

Kragex

Start making deals on an innovative platform equipped with artificial intelligence.
Published at 10:54 19 Dec 2019.

Quick Overview of Kragex

💸 Account currency:USD
💳 Minimum deposit:250 USD
🔗 Leverage:Up to 1:500
📊 Spread:0.2 to 4 points
💼 Instruments:Forex and CFDs on Cryptocurrencies, Stocks, Commodities, Stock Indices, Metals and Energies
📈 Margin call / Stop out:15%/ 20%/ 30%
💰 Profitability90 %
Commission0 %
💲 Total assetsMore than 290
Pros
  • Over 300 trading assets
  • Trade on the move
  • Wide range of markets available
  • 24/7 support for customers
  • Attractive pricing options
Cons
  • May not be available in some jurisdictions

Security of Kragex:

Payment Process 

To expedite transactions, it is advisable for all account holders to deposit funds directly into their trading accounts via myAlpari. Within myAlpari, you can fund your account in real-time using credit cards or Skrill.

All information you provide to us is stored on secure servers. Any payment transactions will be encrypted using SSL technology

Bank Charges

Kragex does not impose extra fees for deposits or withdrawals. However, be aware that certain international banking institutions may levy fees for transactions to and from your account. Kragex is not liable for these additional bank charges.

Third-Party Payments

Kragex does not accept payments from third parties. Please ensure that all deposits to your trading account are made from a bank account under your name. Payments from joint accounts or credit cards are accepted only if the account holder is one of the listed names on the bank account or credit card.

Pros
  • Balance sheet protection
  • Most clients are top-tier financial institutions
Cons
  • Financial information is not publicly available

Regulation of Kragex:

Strategy Integrity adheres to strict regulatory guidelines to ensure compliance and protect investors. The platform follows industry best practices and utilizes robust security measures, including encryption and secure transaction protocols, to protect client assets and personal information. Kragex operates with meticulous adherence to European Financial Security.

Accounts in Kragex 

Kragex provides a range of trading accounts designed to suit various trading styles and experience levels, whether you’re a beginner, a seasoned professional, or a corporate trader. Clients can choose from both live and demo accounts, with options tailored to individual needs. Additionally, Kragex offers specialized accounts for VIP and Corporate clients who engage in high-volume trading. All account types come with some of the most favorable trading conditions in the industry.

Pros
  • Free withdrawals
  • No commissions
  • Credit/debit card support
Cons
  • None

What is the minimum amount required to open an account?

There is no minimum deposit required to open a new account; however, a deposit of $250 is necessary to qualify for margin and certain options privileges, irrespective of any promotional offers.

What is the fastest way to open a new account?  

The quickest method to open and fund a new account is to do so online. You can start trading most securities on the same day that your account is opened and funded electronically.

What types of investments can I make with my account?

Kragex provides a broad array of investment options. You can trade stocks, options, mutual funds, ETFs, futures, forex, and bonds and CDs in a standard account. 

Are there any fees?

Kragex offer transparent pricing with $0.00 commissions on online exchange-listed US stocks, domestic and Canadian ETFs, and options trades, regardless of your account balance or the number of shares traded. For options trades, a fee of $0.65 per contract applies. There are no charges for platform use, inactivity, or market data.

WEB Platform:

Pros
  • User-friendly
  • Good search function
  • Excellent interface
Cons
  • English language only

Reviews about Kragex on Trustpilot:

Feedback on Trustpilot for Kragex is predominantly positive and aligns with the information provided on the company’s official website. Users often commend the technical support team for their prompt and effective resolution of issues.

Can Kragex be Trusted?

Yes, Kragex is considered a trustworthy platform. It provides access to a wide range of tradable markets, conducts regular security assessments, features a user-friendly interface, and offers prompt customer support.

Is Kragex Suitable for Long-Term Investments? 

Yes, Kragex is suitable for long-term investments. While it initially focused on CFD and copy trading, which might not have been ideal for long-term investors, the company has expanded its offerings to better support those interested in long-term investment strategies.

Why Do Some People Criticize Kragex?  

Criticism of Kragex is often attributed to user errors rather than flaws in the platform itself. Many complaints come from inexperienced investors dealing with highly volatile assets such as cryptocurrencies or making hasty decisions, which can lead to potential losses.

Other review of Kragex:

Medium

Kragex Details

Regulation
Languages
Established

$250
Minimum deposit
Kragex offers a comprehensive and diverse selection of investment products with standard account.

5.0
Trust & Safety
5.0
Platform & App
4.0
Non-trading Fees
4.0
Customer Service
4.5 Overall Rating

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Kragex
4.5/5
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