Kiosaki Guide
Kiosaki Guide
Kiosaki Guide – a brokerage organization registered offshore in the Bahamas. Its main office is located at: 209&210 Church Street, Sandyport Business Plaza P.O. Box SP-64388 Nassau, New Providence, The Bahamas.
There is no mention of regulation on the official page, the broker only briefly mentions reliability, the use of the Safe Assets Fund for users (SAFU), and advanced encryption of client data. Legal information about the company is completely absent on the website.
The broker “Kiosaki Guide” provides 300+ trading instruments, a convenient platform, a variety of analytical functions, and personalized access control for trading. Trading is offered from any device, and besides trading, there is also the option to store cryptocurrency and invest in assets without conducting transactions. To get started, you just need to follow a few steps:
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Top up your deposit by adding funds to your cryptocurrency account,
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Complete the identity verification process,
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Start trading cryptocurrency and other assets.
Kiosaki Guide highlights its advantages as fast order execution up to 12 ms, access to advanced terminal features, and spreads starting from 0.2 points.
Trading Conditions of Kiosaki Guide
On the broker platform “Kiosaki Guide,” you can trade 5 different classes of assets:
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currencies,
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commodities,
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cryptocurrencies,
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indices.
You can conduct transactions both via smartphones and through a browser version. The terminal is compatible with iOS and Android operating systems. For convenience, 3 types of trading accounts have been created:
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Fixed – the account involves the use of fixed spreads from 1.8 points, minimum investments from $100, trade size from 0.01. There is no commission for trading.
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Fixed-2 – the account offers variable spreads from 1.5 points, minimum trade size of 0.01, and commission-free trading with a minimum deposit of $100. Here, the use of advisors is also available.
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Raw – the broker provides raw spreads from 0.1 points on this account with minimum investments starting from $200. The fee for 1 round is $4.
There is an option to open an Islamic or demo account, for which you need to contact customer support. Clients of Kiosaki Guide have protection against negative balance. The company also offers to become a VIP client, in which case the user will have access to round-the-clock personalized support, comprehensive market analytics, and the best spreads for fixed accounts, but the main condition will be a larger turnover of funds in the deposit.
Account Funding and Withdrawal from Kiosaki Guide
On the Kiosaki Guide platform, you can use all standard methods of depositing – bank cards, transfers, electronic and cryptocurrency wallets. The withdrawal request processing takes 2 to 5 business days, but the broker assures that the average execution time is 2 days. Withdrawal is not carried out without verification.
Conclusion
The broker Kiosaki Guide does not provide sufficient legal information about itself, registered in an offshore zone. Trust in such companies diminishes if they conceal information about regulation. Contact information is limited to only email and a feedback form. The platform includes a fee for inactivity, and withdrawals can only be made to the same account used for depositing. Before registering, it is advisable to thoroughly review the Kiosaki Guide company website and assess the potential risk of financial loss in the event of negative outcomes.
My experience with Kiosaki Guide was extremely disappointing. The broker was not only unprofessional but also lacked the necessary insight into the market trends. The guidance provided was vague and oftentimes, misleading that led to severe financial losses. Communication was another major issue as my queries and concerns were rarely responded to in a prompt manner. I also noticed undisclosed fees and charges imposed at their whim. I would not recommend Kiosaki Guide to anyone for their brokerage needs.