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KirikFx

Saint Vincent and the Grenadines|5-10 years|
Suspicious Scope of Business|High potential risk|

https://kirikfx.com/

Website

Rating Index

Contact

+501 223 2144
support@kirikfx.com
https://kirikfx.com/

Licenses

No valid regulatory information, please be aware of the risk!

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Contact number

English

+501 223 2144

Other ways of contact

Broker Information

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Company Name

Kirik Markets Ltd

Abbreviation

KirikFx

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

KirikFx · WikiFX Survey

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KirikFx · Company Summary

KirikFx Review Summary
Founded2018
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex, spot metals, oil, indexes, commodities, cryptocurrencies
Demo AccountAvailable
LeverageUp to 1:500
SpreadFrom 1.0 pips
Trading PlatformMT5
Min Deposit$100
Customer SupportPhone (+501 223 2144)
Email (support@kirikfx.com)

KirikFx Information

Established in 2018, KirikFx is an unregulated brokerage company registered in Saint Vincent and the Grenadines. This firm presents plenty of investment choices with its popular MT5 platform. KirikFx offer three live trading accounts and one demo account.

Pros and Cons

ProsCons
Wide range of commodities and spot metalsUnregulated broker
Includes major and minor forex pairsComplex fee structure for deposits/withdrawals
Supports popular cryptocurrency pairsA limited selection of exotic currency pairs
Variety of deposit and withdrawal methodsNarrow range of cryptocurrencies offered
Withdrawal fees for certain methods
Bank wire withdrawals take 3-5 business days.

Is KirikFx legit?

KirikFx operates without regulation from any recognized financial authority.

Is KirikFx legit?

What Can I Trade on KirikFx?

KirikFx presents assets including forex, spot metals, oil, indexes, commodities, and cryptocurrency pairs. The firm offers 28 currency pairs covering both major and minor categories.

For commodity trading, it provides several opportunities such as coffee, cocoa, corn, cotton, soybean, sugar, and sheat. Additionally, KirikFx also provides trading opportunities like Gold, Silver, and Copper.

Tradable InstrumentsSupported
Forex
Metals
Oil
Indices
Commodities
Cryptocurrencies
Stocks
Futures
Bonds
Options
Mutual Funds
ETFs

Account Types

KirikFx provides three live trading accounts (AED(GOLD), Royal(USD-PRIME), and Royal(USD-PRO)) and one demo account.

If you invest at least $1000, you can have a spread from 1.0 pip and the maximum leverage of this account type is 1:400. The minimum deposit of all three account types is 100$. AED(GOLD) accounts give you the maximum leverage, which is 1:500.

Account TypeMaximum LeverageMinimum Deposit ($)Minimum Spread
AED(GOLD)1:5005001.8
Royal(USD-PRIME)1:4001001.8
Royal(USD-PRO)1:40010001

Leverage

KirikFx offers maximum leverage up to 1:500 for its AED(GOLD) accounts. For the other two Royal account types, the maximum leverage is up to 1:400.

KirikFx Fees

KirikFx provides spreads from 1.0 pips. Detailed information is as follows:

Account typesSpreads
AED(GOLD)From 1.8 pips
Royal(USD-PRIME)From 1.8 pips
Royal(USD-PRO)From 1.0 pips

This firm also charges transaction fees if you choose certain types of methods. For example, you will pay 3% or $5 when you withdraw with Visa/MasterCard.

Trading Platform

MT5 (MetaTrader 5) is available with KirikFx. You can apply it on multiple devices, including Windows, MAC, Android, and IOS.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Windows, MAC, IOS, AndroidInvestors of all experience levels
MT4
Proprietary platform

Deposit and Withdrawal

KirikFx provides more than several ways to fund your account, including popular credit/debit cards like Visa/MasterCard, Neteller, Maestro, and e-payment options such as American Express, Diners Club, JCB, Skrill, as well as bank wire and Kirik Pay.

Deposit Options

Deposit OptionsMin. DepositFeesProcessing Time
Visa/MasterCardNot mentionedNot mentioned3-5 business days
NETELLERNot mentionedNot mentioned3-5 business days
MaestroNot mentionedNot mentioned3-5 business days
Wire transferNot mentionedNot mentioned3-5 business days
SkillNot mentionedNot mentioned3-5 business days

Withdrawal Options

Withdrawal OptionsMin. WithdrawalFeesProcessing Time
Visa/MasterCardNot mentioned3% fee or a $5 charge3-5 business days
NETELLERNot mentioned3% fee3-5 business days
MaestroNot mentioned3% fee3-5 business days
Wire transferNot mentioned0.2% fee, with a minimum of $303-5 business days
SkillNot mentioned3% fee3-5 business days

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