Reviewed broker: KGIeworld
Operated by KGI SECURITIES (SINGAPORE) PTE. LTD.
Regulation: MAS (Monetary Authority of Singapore)
Segregated accounts: your funds are safe with KGI Securities (Singapore) Pte. Ltd.. All customer funds are segregated from the company’s account and maintained in a Trust Account.
KGIeworld Review : Trading Features and Conditions
Trading instruments: forex, futures, derivatives, securities
Trading account types: demo, individual, joined, corporate
Register for a free demo account to practice in a risk-free environment before you start trading. Demo account comes with $50,000 virtual money
Straight-Through-Processing (STP): yes
Minimum trade size: 0.05 lots
Maximum leverage up to 1:50
Spread types: variable
Spread starts from 1 pip
The commissions you pay differ between the various products and Exchanges.
Currency pairs: 30
Build-in technical indicators: yes
Advanced charting: yes
Mobile trading: yes
Social trading: no
Listed below are the different types of orders:
- Day orders:
Day orders are valid until that day’s New York market close or London market close if it is a New York holiday.
- Good Till Cancel (GTC) orders:
GTC orders are orders that are valid until the orders are filled or until they are cancelled by you.
- Market orders:
Market orders are to be transacted at the prevailing price in the market. To do a Forex market order, you have to call our dealer to give you a FIRM or DEALING quote.
Prices are quoted in the sequence of Bid vs. Offer. Firm quote will hold only for a short while. Once a firm quote is quoted, you have to decide either to buy (at the offer price), sell (at the bid price) or do nothing before the dealer invalidates the quote.
For Futures orders, please note that you may be put on the line while the dealers get your transacted price.
- Limit orders:
Limit orders are price-specific orders that are placed away from the current market price. It gives you more control over the execution price. The price of a limit-buy order is lower than the current market price, and may be filled at the limit price or higher.
- Stop orders:
Stop orders are orders that become market orders when the market reaches a designated price. The price of a buy stop order is lower than the current market price, and may be filled at the specified stop price or higher. The price of a sell stop order is higher than the current market price, and may be filled at the specified stop price or lower.
- One Cancel the Other (OCO) order:
An OCO order is an order which allows you to place a Limit Order and a Stop Order at the same time. When one order is done the other order is automatically cancelled. For example, if the limit order is filled, the stop order is automatically cancelled, and vice-versa.
KGIeworld Review : Trading Platforms
KGI METATRADER 4
Flexible. Dynamic. User-friendly. KGI MT4, a robust yet user-friendly trading platform, enhances your FX trading performance. At KGI Securities (Singapore), a 100% Straight-Through-Processing (STP) of trades ensures no interference on pricing. We assure that trades get direct and competitive pricing.
It is important for institutional traders to effectively navigate markets especially with progressive evolution of electronic FX trading.
The KGI MaxxTrader is highly comprehensive and configurable system. It offers an unparalleled, direct and real-time access to tier 1 bank liquidity and offers personalised algorithm access with dynamic aggregation & filtering. It is useful whether trading spot forex or Non-Deliverable Forwards (NDFs).
Customisability. Robustness. Flexibility.
Complete Solution for leveraged Spot FX and NDF Trading
Payment methods within the Forex Broker
Minimum deposit requirement: $1,000
Payment methods: wire transfer, checks
Customer Service and Forex Education Resources
Customer support: email, phone
How was the rating of KGIeworld performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on KGIeworld FX broker performance and features.
Overall our online KGIeworld review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online KGIeworld or you find inaccurate details KGIeworld Capital broker review please get in touch with us and the changes will be applied.