The firm Kiplar offers users to trade on the proprietary platform, which provides access to over 10,000 assets. This broker has been operating since 2020, and its legal entity is registered in an offshore zone. Despite the fact that the company does not hide its office address in Saint Vincent and the Grenadines and registration details, we could not find any information about a regulation. What do you think about the safety of trading with this broker?
Trading Conditions
To start trading, a customer will need to deposit $250 or more. The leverage can vary from 1:1 to 1:400. There are educational materials, access to market analysis, and price notifications. Kiplar offers a total of 5 trading accounts, from Starter to VIP. Starting from an Advanced level, it is possible to create an individual portfolio of instruments.
Trading can be done on the broker’s own platform, which is available in both web format and as an application on any device. The terminal provides access to CFDs on the following types of assets:
- Currencies (including cryptocurrencies).
- Metals.
- Shares and stock indices.
- Commodities and energy products.
To contact company employees, a consumer can call the phone number, send an email, or use the chat on the website.
It's not just annoying, it also makes me worry about the security and reliability of this broker. I trusted them with my sensitive info, and now I'm locked out without any explanation or support. I feel like they've taken advantage of me, and I'm not sure if I can trust them anymore. I really think everyone should think twice before putting their money and personal info into this sketchy platform.
Instead of a team photo, they've inserted some stock images in that section. Don't believe me? Check it out for yourself. I know there have been issues with registration here, at least in the past. And a proprietary platform is another cause for concern. It's likely that the quotes there are fabricated.
This lack of responsiveness and support is highly unprofessional and has left a sour taste in my mouth. I expected better service from a reputable broker, and this experience has definitely made me reconsider my decision to trade with them.
Furthermore, I have discovered that their trading platform is not fair. The prices and quotes were clearly invented in order to deceive traders and make them lose money. This has also contributed to me losing money…