KayaFX Broker Review

KayaFX was a Forex & Crypto Currency broker that opened in 2017. KAYAFX is CLOSED!

They are owned and operated by GammaTech Services OÜ, which is located at; 14247106, Roosikrantsi 2-K 284, Tallinn, Harju Maakond, 10119 Estonia. Their main contact phone number is: +44 203 769 9927, and can be reached via email at: [email protected].

KayaFX Brokers Review

The first thing you will notice when doing a review of KayaFX, is that they are offering investors the popular and easy to use MetaTrader4 software for Forex / Crypto Currency trading. Web based trading is available with the Panda MT4 online platform, and mobile apps for both iOS and Android are available to download. Available on the Kaya’s trading software are more than 100 underlying financial assets for CFD trading, including Stocks, Forex, Commodities, Market Indexes and Crypto Currencies.

As you can see in the screenshot below, the spread on Bitcoin was $174 wide on January 16th. That could be due to the high volatility in Bitcoin prices. Minimum deposit for a new trading account starts at $250. Leverage for most accounts is 100:1.

WARNING: Many people got scammed by a bad trading software from a Fake News website.

If you want to see a real trading robot, go look at the Best Trading Software.

KayaFX MetaTrader CFD Trading Platform
KayaFX CFD Trading Platform

KayaFX License & Regulations

When investors research and read reviews about new Forex brokers, they are always looking to see if their broker is licensed and regulated. Most investors in England choose to use a broker that is regulated by the FCA.

KayaFX is based in Estonia and registered with MKM.

Traders interested in using a broker that is licensed in the United Kingdom by the FCA, can find one here.

Compare Brokers

It is quite common for investors to have multiple trading accounts at different brokers. Here are a couple popular brokers:

ForTrade is a Forex broker licensed and authorised by FCA in United Kingdom, see here. Try a Free Demo of their custom trading platform, register here.

Who are The Best Online Brokers Today? Look Here.