Kaarat allows you to trade on the market independently or copy the operations of successful traders. The company offers to work with multiple product classes. The project’s website has been in existence since 2019, and its legal address is located in St. Vincent and the Grenadines. The organization does not have any license to provide financial services. Do you think this is a reliable firm?
Trading Conditions
The company offers 4 trading accounts: Basic, Standard, Premium, and Ultimate. To start trading, a deposit of $250 or more is required. Spreads and commissions promise to be low, while leverage can reach up to 1:400. Clients receive free education and analysis, an economic events calendar, and the Ultimate tariff also offers daily signals. The platform is available in a browser version or as a mobile application. It allows working with CFDs on over 1200 assets, including:
- Currencies.
- Cryptocurrencies.
- Stocks.
- Indices.
- Commodities.
- Energy.
Trading with Kaarat is available 24/5. Clients can also choose an experienced investor and replicate trades from them. For support, customers can chat, email, or reach out on social media. You can also leave a message using the feedback form.
There are huge slippages here. The trade opens at a completely different price than what I planned, and I end up losing money. It's really inconvenient. I tried talking about it with customer support, asking if I should hope for any improvements, but they rudely said that slippages are normal. I don't know how to trade here, but if the situation doesn't change, I'll simply withdraw my money.
Their registration is offshore, and they don't have and won't have any licenses because Saint Vincent and the Grenadines don't regulate brokers. They have no responsibility towards traders. All in all, it's a good thing my friend asked me, otherwise he would have believed the deceivers and lost his money. :)