KIT Finance is a company with a long history of brokerage activities in the Russian market. The intermediary has gained the trust of clients due to the presence of physical offices, registration and licensing by the Central Bank of the Russian Federation, as well as full legal reporting and convenient service. The company is proud of its status as one of the largest in Russia, has a multi-billion capitalization, international recognition, and numerous awards.
AO Kit Finance was founded in 2000 under the name LLC Web-Invest. In 2011, the project was rated AAA, indicating a high level of reliability. The company is regulated by the Central Bank of the Russian Federation and holds corresponding licenses issued by this regulator. Currently, the broker has 2 main offices and 40 partner branches throughout Russia. Various contact details are provided to communicate with project managers: addresses and hotlines of offices in Moscow and St. Petersburg, main phone number, Skype login, email for advertisers, online chat, and company accounts on social networks.
Trading Conditions of KIT Finance
All broker tariffs depend on the chosen trading sphere. Let’s consider each offer separately.
– Stock market.
The “KIT-Universal” package offers transaction fees ranging from 0.02% to 0.05%, a fee for voice trading instructions of 0.1%, and a monthly subscription fee of up to 200 rubles. The terms of the “KIT-Deal” tariff are identical to the previous account, except for the transaction fee – here it is fixed and equals 1.5%.
– Derivatives market.
Commissions for the “KIT-Universal” tariff: 0.65 rubles for futures transactions and 1 ruble for options contracts, a subscription fee of 200 rubles. In the “KIT-Deal” package, no fees are charged, and the subscription fee is also 200 rubles.
– Foreign exchange market.
Payment for intermediary services in the “KIT-Universal” tariff ranges from 0.0039% to 0.03% per transaction, a fee for funds withdrawal from the account of 0.05%, and a monthly subscription fee of 200 rubles. The “KIT-Deal” account differs by the absence of commissions and an identical subscription fee.
– Over-the-counter transactions.
Commissions for the “KIT-Universal” package: 0.1% of the transaction amount (stocks and shares), 0.02% for bond contracts. The “KIT-Deal” tariff differs with zero fees and commissions.
– Trust management.
Clients pay a quarterly commission of 1-2%, 5-20% annual commission for successful investing, and expenses of third parties.
Account Funding and Withdrawal from KIT Finance
The methods and details of account funding depend on the chosen asset class and market. Funds can only be credited in rubles. The company works with payment systems MIR, Visa, and MasterCard. Profit can be withdrawn to a bank account or card, with processing taking up to one day. The company automatically withholds a 13% tax from the withdrawal amount. Limits, restrictions, and minimum withdrawal amount are unknown.
Conclusion
KIT Finance stands out with the license from the Central Bank of the Russian Federation, a long history of successful operation, and favorable trading conditions. The broker offers over 40 offices throughout Russia, strictly complies with laws and standards, has a high AAA reliability rating, and has earned recognition and awards. When choosing a broker, it is important to ensure its registration, licensing, and positive reviews. It is also advisable to consult with specialists to avoid fraud.