Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FFB Logo
Get a free
$10,000 
demo account
Open Account
Your Capital is at Risk

KontoFX Broker Review

  1. KontoFX is a non-regulated Crypto CFD broker that launched in June 2018. They operate exclusively on cryptocurrency trading with a variety of available cryptos, from the most popular like Bitcoin, Ethereum and Ripple to more exotics such as Cardano and Stellar and IOTA, among others.

  2. Account Features

    KontoFX offers users three different trading accounts, depending on their level of experience and personal trading preferences. Each account type comes with individual features and benefits users can enjoy.

    The following features are available for all three account types.

    • Access to all digital currencies
    • Account currency: EUR, GBP
    • Minimum trade size: 0.01 lots
    • Maximum leverage: 1:200
    • Minimum deposit: 250$
    • 24/5 live support
    • Analyst Manager
    • Flexible deposit methods
    • Access to Resource Center
    • Live webinars
    • 1-on-1 training
    • Daily market analysis
    • Exclusive events

    Self-trading Account

    As the name suggests, the self-trading account allows users to trade on their own. It includes the basic set of necessary trading options and gives traders the ability to adjust their own strategy. This account is suitable for both beginners and experienced traders.

    • Trade on your own
    • Minimum Spread: 0.6 pips

    Auto-trading Account

    Contrary to the first account where users trade for themselves, KontoFX offers an account that uses advanced artificial intelligence tech to predict market movements and trade on user’s behalf.

    • Robot trades for you
    • Easy set-up and run

    Social Trading Account

    The third and final account type KontoFX offers enables users to follow their most successful traders and copy their trading positions. They claim that being as successful as their top investors is easy and do not require any experience or a lot of time.

    • Copy our top traders
    • No experience required

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  4. Testimonials FairForexBrokers Your capital is at risk

    Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  5. Trading Software & Assets

    KontoFX offers investors over 50 different cryptocurrencies to trade, all of which are divided into general, exotic and mini trading pairs. They have available from the most popular cryptocurrencies like Bitcoin, Ethereum, Ripple, Dashcoin, Monero and Litecoin to the more exotic like IOTA, Verge, Siacoin, Cardano, NEO, QTUM, Lisk and Stellar, among others.

    KontoFX WebTrader

    KontoFX uses a dynamic WebTrader platform that is based on the classic MT4 platform but simplified so that it can be easy-to-use even for complete beginners. The WebTrader platform is a browser-based platform, which means it does not require any downloads or installations on your device. It can simply be accessed via KontoFX’s “Trade Now” page. Finally, unlike many other web-based platforms, KontoFX WebTrader does not need Flash to operate, which means it can be run on almost any device.

    The KontoFX WebTrader is available on PC and Mac computers and laptops. They are currently developing a mobile version which will be available for both Android and IOS devices.

    Education

    KontoFX offers an entire education section on their site, with four different pages specifically devoted to teaching traders the basics of Crypto CFD Trading. Under the “learn” tab on the website, users can find what is CFD trading, what is crypto trading, information on cryptocurrencies and a glossary of all the major trading terms all investors should know.

     

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  7. Support Information

    KontoFX claims to offer 24/5 customer support through email, phone or live chat. On their contact page, they mention their customer care team is not in fact available 24 hours a day, but 5:00 – 22:00 GMT. This customer support is available in English, German and Spanish.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. Banking & Company Information

    KontoFX is owned and operated by NTMT Transformatic Markets OU in Estonia. Specifically, they are located at Harju maakond, Tallinn, Kesklinna linnaosa, Parda tn 4, 10151 Estonia.

    As for payment methods, KontoFX accepts wire transfers, Master Card, Maestro and Visa.

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    11. Your capital is at risk

Copyright © 2012-2023 All Rights Reserved FairForexBrokers.com - US

     Cookie Policy