Kiplar Review
Overview
Kiplar offers traders the opportunity to trade Forex, CFDs, and other financial products with low spreads. Founded in 2021 by a team of experienced brokers from across Eastern Europe, Kiplar’s headquarters are currently based out of St. Vincent and the Grenadines.
It offers a wide range of currency pairs, including major, minor, and exotic pairs, and CFDs on various assets, including indices, stocks, commodities, and cryptocurrencies.
Kiplar is a great choice for those looking for a reliable firm to start trading with. The SVGFSA regulates the company, providing traders with peace of mind that their funds are safe. In addition, Kiplar offers more than 10,000+ CFDs with leverage up to 1:400. The firm’s MetaTrader5 platform is also available for those who want to get started immediately.
Pros / Cons
- Transparency in execution
- More than 10,000+ CFDs are available in the firm's product line.
- High Leverage of 1:400
- CFD fees can be expensive.
- Does not offer 24/7 support
Safety and Regulation
Kiplar went through a rigorous process to become a market-approved firm. As a result, the company has been subject to oversight from multiple bodies, all while operating legally within their guidelines—even if they don’t hold any top licenses from FCA, ASIC, or CySEC.
Is Kiplar Safe or a Scam?
Kiplar is a safe broker to trade with because it meets all security, AML, and KYC standards. In addition, the company’s execution policy will always be straightforward and transparent for traders looking for an opportunity in this market. Overall, we believe that Kiplar is a good choice for most traders.
Kiplar is an innovative financial investment company that offers unparalleled services to clients around the world. They are registered under St. Vincent and Grenadines law, with their headquarters at Beachmont Business Center Suite 76 in Kingstown; they also have a New York City office on Wall Street.
Accepted Countries
Kiplar is committed to serving all customers, except those living in the United States of America.
Fees
Kiplar’s fees can be high, but they vary depending on your account type. For example, if someone wants to trade stocks, their cost will most likely stay below average because there are no additional charges for this service. Compared to other platforms offering similar features at much lower prices, this is a great deal. You can also get a better deal if you make larger deposits. This is due to the fact that the more you deposit, the lower your fees.
Leverage
The high leverage level of 1:400 offered by Kiplar is a great opportunity for traders who want to take advantage and make more profit.
What About Kiplar’s Minimum Deposit?
To get access to better service and lower spreads, the minimum deposit requirement goes up from $250 or equivalent. However, it is still possible for smaller players to make an extra large wager on any given occurrence of their choice.
Their high-quality service and low spreads require a minimum deposit of $100K.
Account Opening
The different types of accounts this broker offers are perfect for traders with specific goals and needs. Whether you’re just starting or looking to take your game up a notch, there’s an account waiting.
There are five different accounts available:
- Student Account
- Advanced Account
- Specialist Account
- Professional Account
- VIP account for high-end traders
Kiplar takes the safety of your funds and information seriously. Traders offer different account types to best suit what you need from a trading platform—whether it’s high spreads or leverage levels.
Student Account
The minimum trade size is 0.1, so you can start with 250 USD and leverage 1:400 to make your first few trades successful. The account is perfect for students or anyone wanting to start trading.
Advanced Account
The account is designed for traders who want to move on from the Student Account and take more risks. The instruments are tradeable with a deposit of 2,500 USD and the leverage is 1: 400. You can place trades of up to 10 contracts each.
Specialist Account
This account is for expert traders who want to trade in high volume. With a deposit of more than 25,000 USD, you can use trading strategies and other analysis tools.
Professional Account
The account is for professional traders who want to trade at extremely high volumes. The deposit is 100,000 USD, and you can place up to 500 contracts, each with leverage of 1:400.
VIP Account
The account is for high-end traders who want to trade at ultra-high volume. If you’re interested in opening an account, take advantage of negative balance protection and the low price difference.
Deposit and Withdrawal
Kiplar offers multiple deposit and withdrawal options to choose from. You can use bank wire transfers, credit or debit cards, or e-wallets like Skrill and Neteller. Accounts are only monetary amounts in US dollars.
Available Methods of Deposit:
- Credit/Debit Card
- Bank Transfer
- E-wallets like Skrill and Neteller
Trading Platforms
Kiplar has two trading platforms: MetaTrader 4 (MT4) and Kiplar WebTrader. MT4 is a popular third-party trading platform that many brokers use.
Kiplar’s custom WebTrader is a powerful in-house platform with all the features traders need.
Financial Instruments
Kiplar offers a wide range of markets and financial instruments for traders.
You can trade forex, CFDs, commodities, cryptocurrency, indices, stocks, and more.
Customer Service
Kiplar’s customer support team is available to assist you with your inquiry in several different ways.
Whether you need help getting started or want more information on how exactly your account works, they have a team of experts that are trained in every aspect and ready at all times.
Online and phone support are available 24/5.
Means of Communication
- Live Chat
- Phone Call
- Email Support
Client Education
Kiplar wants its clients to be as educated as possible regarding trading. Therefore, they offer various educational materials, such as an economic calendar, webinars, market analysis, and more.
Conclusion
Kiplar is a new Forex broker that was founded in 2021. The company offers traders access to more than 10,000 financial assets worldwide, including five different trading accounts with floating spreads. Kiplar is a great broker with low spreads, high-quality customer service, and a wide range of markets and financial instruments. If you’re looking for a broker that can offer you everything you need to be successful in trading, then we recommend giving Kiplar a try.
Methodology
All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. Our reviews and overall scores are based on the key areas above, in a combination with our opinion and commentary.
The reviews are shared and discussed with the brokers, but the authors of our website always have the final word. Furthermore, we always strive to keep the information on our website updated and relevant for our readers.
What helps us stand out is that we always test our brokers with an anonymous live account, to ensure we deliver the most accurate information and experience to our readers. Finally, our reviews and evaluation are always independent of any financial compensation we may receive from the brokers.
Risk Disclaimer
There is a very high degree of risk involved in trading securities.
With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more at Wikipedia.
All investments involve risks and are not suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against the loss, in a down market.
There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. More details here.
Looking for more information on brokers and trading? Have a look at our trading guides
Review Sources
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Kiplar offers a wide range of currency pairs, including major, minor, and exotic pairs, and CFDs on various assets, including indices, stocks, commodities, and cryptocurrencies.
16 thoughts on “Kiplar”
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I have traded with this broker and I have to say they’ve been amazing in providing good services and profitable signals to me for the past few months. I am satisfied and will surely keep the services.
I appreciate their extra effort to gather market news. It really helped me a lot in coming up with the right decision and place the right trade.
I made a small deposit to test them out but they never disappoint me. I decided to add more. I have been trading with them for a year and so far all is impressive.
Awesome currency trading signals. It made trading easier for me. I can fully rely on this to get me good profit.
Transparent and respectful brokers. Their support has always been good in helping me. I can count on them for my trading needs.
Smart trading platforms and tools for forex. I have tried a few software and this one works well for me. I gain profit from my trades.
Withdrawals has always been easy and fast. They’ve been my broker for over a year
and I never had any problem with withdrawals. There is no runaround and no dealing desk, the process is smooth and easy.
When they told me it is a way to earn money I never believed them.Though I tried for a small amount to see out of curiosity. Luckily, it is true, I earn good profit.
Based on my trading results, I can feel that these are good brokers. I can see their efforts and dedication to help me attain successful trades.
Good trading broker. I stayed with them because I gain good profit and was able to withdraw it promptly.
I had a great trading experience with this broker. I was able to withdraw profit regularly. I never had any problem with any of their transactions.
They’ve got accommodating customer service. Every time I send message about any concerns, they immediately call me and address my needs.
Good trading broker to deal with. Price is right, signals are timely and relevant assistance. The tools have a difficult interface but Overall performance is good.
They are genuinely nice and I feel their concern. They taught me so many things including managing risk. I also get good profit.
Have been using this broker for years now. Well services are consistently good and withdrawal is fast.
Fantastic forex brokers. They are reliable and services are good. I get desirable trading profit and I am fully satisfied.