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KingTrade

KingTrade: security and professionalism

KingTrade is a respected binary options broker based in Cyprus with a regional office in St. Petersburg. The company behind the broker platform is called KK KING OF THE BET LTD.
Neither the parent company nor the broker itself have licenses.

Range of trading instruments

KingTrade clients have the opportunity to trade various currency pairs, including popular, lesser-known, and exotic ones. On the broker’s portal, you will find a schedule of currency pair availability during trading hours.

Trading conditions and types of accounts

KingTrade offers clients the option to start with a demo account for practice and familiarization with the trading platform. Additionally, the broker offers three types of real accounts:

  • Recruit — an account for beginners with no mandatory minimum deposit, up to 86% profit. Special offer: 1 risk-free trade for $5 out of 100 trades and regular profit withdrawals. Maximum number of open trades — 10.

  • Elevated — an account for beginners with an initial deposit of $150 and up to 92% profitability. Includes 1 risk-free trade for $10 out of 100 trades, accelerated profit withdrawals. Maximum number of open trades — 20.

  • Midterm — an account for beginners with an initial deposit of $1,000 and up to 106% profitability. Includes 1 risk-free trade for $15 out of 100 trades, fast profit withdrawals. Maximum number of open trades — 30. Clients can participate in weekly webinars.

KingTrade trading platform

For trading, the broker provides a trading terminal compatible with various operating systems. The platform’s name is unknown, but it requires downloading to the computer before use. The company has not disclosed the availability of a browser version or a mobile application.

Account funding and profit withdrawals

To fund the account, clients can use a card, bank transfer, or electronic payment systems:

  • “Qiwi”,

  • “Yandex.Money”,

  • “WebMoney” and others.

Information on the currency of deposit and the minimum deposit amount is not provided. There are no fees for funding and opening an account.

To withdraw funds, the same methods as for depositing can be chosen. The withdrawal amount starts from $20 with a minimum of 50 trades. To withdraw received bonuses, clients must meet the company’s requirements. Withdrawal requests are submitted through the personal account and processed within seven days. The withdrawal fee is unknown.

Registration and access to the personal account

The registration process starts after clicking the “Start Trading” button and selecting the “Create” option. Clients must read the company’s rules outlined in the user agreement. To fully use the account, verification is required, and documents such as:

  • national passport,

  • identification number.

Conclusion

If you decide to trade with KingTrade, ensure the company’s reliability. We recommend conducting an expert assessment of the brokerage firm for confidence.

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