KayaFX Review: is Kaya FX a Scam or Legit Broker?

KayaFX Review: Are they Safe or Scam? Kaya FX is a forex and cfd broker that offers trading in a huge range of assets spanning commodities, indices, stocks and currencies including cryptocurrencies like bitcoins. They have a registered address at 3Roosikrantsi 2-K284, Tallinn, Harju maakond, 10119, Estonia and they are owned and operated by GammaTech Services OÜ.

kayafx review

 

KAYAFX TRADING PLATFORM

This broker uses a Web platform and MT4 trading platform for CFD and Forex trading.

DEPOSIT AND WITHDRAWAL METHODS

The available methods are Bank Wire transfer, MasterCard, Visa, Skrill, Neteller, Maestro, sofort. The minimum deposit is $250

Is KayaFX LICENSED?

NO!  Kaya FX broker is not licensed. Therefore, no regulatory body is acting as a watchdog overseeing that they comply with best practices in the financial market.

SUPPORT

This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

CONCLUSION

KayaFX is an unregulated broker, this is a source of major concern. When trading forex, we always recommend you use a regulated broker that is licensed to trade financial instruments.

DID YOU KNOW!! Most Autotrading softwares or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, see our recommendation HERE

Summary
Review Date
Reviewed Item
KayaFX
Author Rating
21star1stargraygraygray

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2 Comments on "KayaFX Review: is Kaya FX a Scam or Legit Broker?"

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Paul
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If you invested with kaya and now searching the internet be 100% sure that they are a big scam your account makes profits long as they think you invest more but they are not withdrawable and existing only on their faked page. the comments on some pages tell always about nice profit but there just made up to catch more people who are thinking its a good investment. the Scam brokers there use names like Philip Schmidt John de Smit or Frank Hayes and are well-trained salesmen who even convince skeptical people to forget any care about investing money, even… Read more »
Waltraud
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https://www.youtube.com/watch?v=HwtSjMs5liI this is the second video I made from the call recordings I got a call from the quality insurance department and a guy called himself Brian Jen and later Stein and the infamous scam broker Philip Schmid where trying to push and blackmail me to remove my comments from the internet and stop the recall process from my bank, they told me I only get money back when I do that and also they admit that they stopped working soon as I didn’t invest further. during the phone call they find all sorts of ridiculous reasons why they don’t… Read more »
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