Would you like to trade with the broker that has an award-winning platform and awesome trading conditions? The broker reviewed here offers one of the fastest and features-packed platform as well as low spreads. Sounds too good to be true? We advise you to read full Kawase review created by Forex-Library and find out why do we recon this broker to be a decent choice for your trading!
Kawase review: About the company
Kawase is the Forex trading brand owned by the TOPFX LTD. The company has been established in 2011 and is regulated by such authorities as CySEC, FCA and BaFin. At this moment, total amount of monthly deals done by this FX broker is more than 400,000.
The total amount of trading instruments available at Kawase is close to 3,000. Additionally, custom cTrader platform that was developed specially for this Forex broker is known for the uptime of 99.9%.
Kawase review found out that this broker has 12 liquidity providers, internal auditions made by Nexia International and external auditions made by SC Audit Ltd. More to that, the company has got its own technology auditor and NOP limit of 825 million USD.
The main office of this broker is located in Limassol, Cyprus, which is often considered as one of the main centers of Forex brokers headquarters. At the moment of Kawase review, the broker provided its services to European, Asian and African traders.
Kawase CFD Broker reviews: Trading Accounts
The account choice at Kawase FX broker is limited to demo, real and Islamic accounts. There are no Micro, Standard and Premium accounts available, so there is no differentiation of traders by their deposit amounts.
Kawase review recons that such policy has its own benefits as well as drawbacks. First of all, you will not be obliged to make bigger deposit in order to get any additional features. Meaning that as soon as you open live account, all trading features will be fully available to you.
Moreover, since there are no account types, all traders will be treated equally. This means that you are not risking to get into support queue behind VIP clients. In case of urgent matters it can make a big difference for a trader.
Furthermore, every account holder has an option to increase his trading leverage. Standard leverage at Kawase equals to 1:200, but if you are used to trading with higher one, you can request an increase up to 1:500.
But you will not be able to get any type of personal trading training or strategies adjusted to your personal needs, since there is no such option as a VIP account.
Kawase trading platform: its own cTrader
This Forex broker is using unique version of the cTrader platform with implemented cAlgo features. Its platform has won Best Retail Platform Award in 2013 by FX Week e-FX awards.
First of all, it is our favorite cTrader, which we consider as one of the best Forex trading platforms nowadays. Secondly, it is crafted specially for this broker and available right in your browser, so there is no pain with downloads and platform compatibility.
More to that, Kawase’s cTrader is incredibly fast and offers all the tools that professional trader can require. We advise you to open the demo account at Plus500 and check out the platform that we think is the best right away!
Additionally, this platform is available for all traders that have smartphones and tablets. It can be downloaded from Google Play Store or Apple App Store and installed on your mobile device. No difference what do you have, Android phone or tablet, or iPhone and iPad, all of them can have Kawase trading platform at your disposal.
Being one of the honest Kawase reviews, we have to admit that from our point of view, mobile trading should not be your primary trading method. You can use it in order to check your existing positions or to make fast order that is driven by the most important news. But, for serious trading we would recommend using web trading solution. It offers much more technical analysis possibilities and the chances of making trade by mis-click are significantly lower.
Kawase Trading Conditions
As was mentioned before, Kawase offers both CFD and Forex trading with total amount of around 3,000 trading instruments. Available instruments include Forex currencies, Indices, Oil and Shares.
The broker states that 99,9% of all orders are executed in less than 9ms, which is faster than at other major Forex brokers.
The spreads, they are relatively low. During our test, we have experienced spreads from 0.1 to 2.0 pips. Such spreads allow wider usage of various scalping strategies and decrease losses of traders.
As for the leverage, we have already told that it has upper limit of 1:200 right away. But, you do have a chance to increase it via contacting support. So, if you need 1:500 leverage, write them an email and it will come to you.
Kawase Broker Review: Customer Support
Customer support is one of the crucial parts of good Forex brokers. When you come to Kawase, you are offered a few contact options. Two most important of them are email and telephone.
Support is able to communicate with you in decent amount of languages, so Kawase review supposes that you will find common language with them. Moreover, the company has headquarter address details on their website, so if you want, you can come to their office in order to discuss some details. Unfortunately, live chat is not available at this broker, but telephone support replaces this option.
Kawase: Opening an Account
From the point of view of the Kawase review, account registration at this broker is one of the easiest available. All you have to do for the beginning – just enter your email and create secure password.
After you do this, you will be redirected directly to the demo account on cTrader web platform. From the platform you will be able to change your account type to real, confirm your details and start trading.
Summarizing everything stated above, Kawase CFD broker is a decent choice for those who enjoy trading on cTrader platform and fast order execution. High amount of available trading instruments makes sure that every trader will find the perfect fit for himself. Additionally, existence of high number of liquidity providers as well as auditors make sure that your funds will be safe. If you are looking for new FX broker, Kawase can definitely be your choice!