KLMFX Review

Overall KLMFX is said to be one of the largest brokerage firms for trading in the Forex market. KLMFX offers a maximum leverage ratio up To 1:800. KLMFX offers Superior trade training through electronic books, videos and tutorials, economic calendars and live seminars.

KLMFX at a glance

Overall Rating

• 3.5/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 250

Regulators

CySEC, ASIC

Trading Platform

MT5, WebTrader, Mobile Trader

Crypto

No

Total Pairs

18

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

KLMFX Review – 19 Key Point Quick Overview Revealed (2025):

1. KLMFX Overview
2. KLMFX Safety and Security
3. KLMFX Pros and cons
4. KLMFX Leverage
5. KLMFX Accounts
6. KLMFX Market instruments
7. KLMFX Fees
8. KLMFX Deposit and withdrawal
9. KLMFX Trading platforms
10. How to open an account with KLMFX
11. KLMFX Customer support
12. KLMFX Education
13. KLMFX Research
14. KLMFX Awards
15. KLMFX vs Maybank vs Keytrade Bank – A Comparison
16. KLMFX Current Popularity Trend
17. Conclusion
18. Disclaimer
19. Frequently asked questions

KLMFX Overview

According to research in South Africa, KLMFX was founded in 2013 and is situated in Bahrain. KLMFX is said to be one of the largest brokerage firms for trading in the Forex market. KLMFX delivers suitable trading conditions and appropriate tools for effective investment.

The broker is a multi-award winning company. KLMFX trades with the largest liquidity providers, including Barclays, Credit Suisse, Morgan Stanley and others.

KLMFX Safety and Security

One of the best benchmarks to measure the safety of a broker like KLMFX, is to establish which regulating authorities are watchdogs over its actions. KLMFX is one of the largest brokerage firms globally and they are accredited by the most important European regulatory bodies, namely CYSEC, and ASIC in Australia.

These regulatory bodies offer members unlimited security and safety benefits including the deposit of funds, trading, insurance accounts, and direct withdrawal features.

KLMFX Pros and cons

KLMFX Leverage

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

Leverage amount is expressed as a ratio, for instance 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

For example, on a 1% margin a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise your trading account will be fully hedged.

KLMFX offers a maximum leverage ratio up To 1:800.

KLMFX Accounts

A forex account at KLMFX is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.

Often, the number and type of accounts that a trader can open with a broker company differs depending on the country in which it operates and the regulation authorities under whose jurisdiction it falls.

KLMFX offers the following types of accounts: Silver, Gold, Platinum, Islamic Accounts and a Demo account.

Overall Rating

• 3.5/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 250

Regulators

CySEC, ASIC

Trading Platform

MT5, WebTrader, Mobile Trader

Crypto

No

Total Pairs

18

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

KLMFX Market instruments

The most popular market instruments available from most brokers for trading include:

Forex

Forex trading describes the currency exchange market which refers to the global, decentralised marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.

Commodities

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

Indices

Equity, or stock indices, are actual stock market indexes which measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

Precious metals

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

Energy

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.

KLMFX offers the following of the above:  Forex, Commodities, CFD’s, Crude Oil, Gold & Silver, Indices, and Stocks.

KLMFX Fees

Cost depends on different factors, like spread and margins, and KLMFX clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.

KLMFX offers their silver, gold and platinum account holders the following fixed spreads:

KLMFX Deposit and withdrawal

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done with the same ways, but sometimes differ. In the case of KLMFX the following methods and minimum deposits are required: For a Silver account, the minimum deposit is 250$, Gold account is 5000$ and a Platinum account is 20 000$.

KLMFX offers countless options for depositing, including credit cards, bank transfers, payment cards and Neteller. Margins include one card per account holder, 10 transactions per card per month and $10,000 max per card per month. Withdrawals take about three to seven working days to process.

KLMFX Trading platforms

The forex trading platform provided by KLMFX to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms.

A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

KLMFX provides Web Trader, Meta Trader 5, and Mobile Trader.

Web Trader

With this platform is quick and easy to manage all your investments in the Forex market. Both novice and experienced traders will have no problems steering their way around. It uses the SIRIX Web platform, and gives traders worldwide access to the markets, without having to download any special software.

MetaTrader 5

MetaTrader 5 is a renowned platform, indicated by (MT5), an abbreviation for MetaTrader 5. This delightful platform displays more of the graph instantaneously with all trading tools which helps clarify the market. It also accommodates all traders on various levels.

Mobile App

KLMFX offers a mobile application for mobile trading, appropriate for all smart phones, allowing you access anywhere, anytime to the markets.  You are always seconds away from your account.

Overall Rating

• 3.5/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 250

Regulators

CySEC, ASIC

Trading Platform

MT5, WebTrader, Mobile Trader

Crypto

No

Total Pairs

18

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

How to open an account with KLMFX

Similarly to a bank, to register a forex trading account with KLMFX for the first time, you will be required to go through a basic “know your customer” process, which will allow KLMFX to ascertain that your submitted details and ensure the safety of your funds and account details.

Customers can sign up for either a live or demo account directly from the broker’s website, following the easy steps outlined above.

KLMFX Customer support

Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it. In the case of KLMFX customers can reach the support team via email, chat and telephone. Their service is free and operates 24/7.

KLMFX Education

Before starting to trade, potential clients of KLMFX should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. KLMFX offers Superior trade training through electronic books, videos and tutorials, economic calendars and live seminars.

KLMFX Research

To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible.

With KLMFX clients have access to various research tools like the economic calendar. This calendar keeps track of the most important global market news.

KLMFX Awards

Being an awarded company instils extra confidence in traders.  KLMFX can show several awards accumulated during its years in business, including the following:

KLMFX earned an overall rating of 5 stars as best broker in 2015 for Customer Services.

KLMFX earned an overall rating of 5 stars as best broker in 2014 for Analysis and Reports.

KLMFX earned an overall rating of 5 stars as best broker in 2015 for Experience and Technology

KLMFX vs Maybank vs Keytrade Bank – A Comparison

KLMFX Current Popularity Trend

As According to Google Trends, here is an overview of how frequently the search term – “KLMFX ” is entered into Google’s search engine over a given period of time.

Conclusion

KLMFX can be described as a company that is easy to use, with competitive spreads and the usability of its trading platforms. The broker is known to be reliable and favoured among seasoned foreign exchange market traders.

KLMFX has a strong global reach and can accommodate traders from all over the world. With headquarters in Bahrain and London, though, European traders are more likely to use them. KLMFX’s dealing desk is fully operational and available to assist traders as needed. Their competitive spreads seem to be KLMFX’s biggest selling point.

Overall Rating

• 3.5/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 250

Regulators

CySEC, ASIC

Trading Platform

MT5, WebTrader, Mobile Trader

Crypto

No

Total Pairs

18

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Disclaimer

KLMFX warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.

Before deciding to trade with KLMFX, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

KLMFX warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable. KLMFX cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

Frequently asked questions

TRADING ENVIRONMENT

How many instruments can I trade with KLMFX?

You can trade several different instruments with KLMFX, which include the following:

• Forex
• Commodities
• Crude Oil
• Gold & Silver
• Indices
• CFD’s

Which platforms are supported by KLMFX?

KLMFX provides the following popular trading platforms:

• MetaTrader 5
• Web Trader
• Mobile Trader

Does KLMFX offer leverage?

Yes, KLMFX offers a maximum leverage of 1:800.

What spreads can I expect with KLMFX?

KLMFX offers various spreads for different assets and accounts.

If the details on their website are not comprehensive, more information can be obtained from the customer support service.

Does KLMFX charge commission?

Yes, more information on commissions can be obtained from the customer support service.

Is KLMFX regulated?

Yes, KLMFX is regulated by CYSEC and ASIC.

Is KLMFX a recommended forex trading broker for experts and beginners?

KLMFX offers a fair trading environment for all types of traders from beginners to experienced traders.

What is the overall rating out of 10 for KLMFX?

7/10

ACCOUNTS

What is the difference between a demo and live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customers actual money.

Does KLMFX offer a demo account?

Yes

How long is the demo account valid?

The demo account can be used for 30 days

Which live trading accounts does KLMFX offer?

• Silver
• Gold
• Platinum

What are the available deposit currencies for a live trading account?

USD, and others

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for KLMFX?

$ 250

How do you make a deposit and withdrawal with KLMFX?

KLMFX offers the following deposit and withdrawal methods:

• Credit cards
• bank transfers
• debit cards
• E-wallets e.g. Neteller

Withdrawals can be done via:

• Credit cards
• bank transfers
• debit cards
• e-wallets e.g. Neteller

Does KLMFX charge withdrawal fees?

No, but fees from financial institution may apply.

How long does it take to make a withdrawal?

Withdrawals take about three to seven working days to process..