Score
Kodin Markets
Mauritius|2-5 years| https://kodinmarkets.com/en/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
India 2.52Surpassed 14.80% brokers
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+91 96263 00017
Other ways of contact
Broker Information
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Kodin Markets Limited
Kodin Markets
Mauritius
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:300 |
| Minimum Deposit | $5000 |
| Minimum Spread | Starts From 0.03 pips |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 1 micro lot (0.01) |
| Supported EA | |
| Depositing Method | (4+) |
| Withdrawal Method | (4+) |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | $1000 |
| Minimum Spread | From 1.0 pip |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 1 micro lot (0.01) |
| Supported EA | |
| Depositing Method | (4+) |
| Withdrawal Method | (4+) |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $100 |
| Minimum Spread | Starts From 1.50 pips |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 1 micro lot (0.01) |
| Supported EA | |
| Depositing Method | (4+) |
| Withdrawal Method | (4+) |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Kodin Markets · Company Summary
General Information
Kodin Markets claims to be a broker licensed in St. Vincent and the Grenadines and to strictly abide by all local regulatory standards. The problem here is that on St. Vincent and the Grenadines there are no regulatory standards governing the forex industry.
Market Instruments
To its clients, Kodin Markets offers trading in forex, CFD, metals, indices and commodities.
Accounts
Kodin Markets offers 4 different accounts – ECN, Pro, VIP and Islamic. To open an account is a straightforward procedure. You register by entering your name, phone number, email address.
Leverage
Kodin Markets offers leverage as high as 1:500. Please take a moment and compare these leverages with the leverages that registered and regulated brokers in EU and US can have. In Europe, legitimate brokers cannot exceed a leverage higher than 1:30 and in the US, higher than 1:50.
Trading Platforms
Kodin Markets offers the latest edition of the MetaQuotes family – MteaTrader5. As it is an unregulated, offshore broker, however, we would better suggest that you deal with regulated brokers.
Deposit & Withdrawal
To fund your account, you have a variety of choices – Neteller, Skrill, Giropay, American Express, JCB, Payeer, WebMoney, Visa/MasterCard to name a few. Most of the deposits are instant an there is no fee. The same methods apply for withdrawal and again the processing time for most methods is instant or up to 2 hours.
Risk Warning
As of now, the website of Kodin Markets (https://kodinmarkets.com/en/) is not available and there is no contact information. We assume that the broker Kodin Markets might be closed or run away. Please be aware of the risk!
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