Kortex

Broker Kortex offers various terms of cooperation to meet the needs of different traders. Here are the main points to consider when considering working with this broker.

There are several trading accounts registered on the site:

• The Basic level provides the opportunity to start trading with a minimum entry threshold of $200. The spread is 3 pips and the trade size is 0.01 lot. Clients at this level have access to consultations and training.
• At the Bronze level, a deposit of $1,000 is required, and the spread is reduced to 2 points. The minimum transaction size increases to 0.1 lot. Clients at this level receive additional benefits such as consultations and training.
• The Silver account requires a starting investment of $5,000 and has a spread of 1.7 pips. Clients at this level have access to dealer mode, two weeks of training and deposit protection.
• At the “Gold” level, the initial capital is from $10,000, and the minimum transaction size increases to 1 lot. Clients receive consultations up to 4 times a week, access to dealer mode, PAMM account and personalized trading strategies.
• The Platinum account requires a minimum deposit of $50,000 and has a spread of 1 pip. The transaction size increases to 5 lots. Traders at this level are guaranteed the ability to open trades in real time, access to a PAMM account, personalized daily market analysis and leverage for cryptocurrency trading of 1:5.

When withdrawing funds from a company, there are several rules that are worth considering:

• Traders have the option to make a deposit via cards or via bank transfer. When paying by card, customers are redirected to a website where they are asked to purchase cryptocurrency, which can then be deposited into their account. It is important to note that such a payment is irreversible. Bank transfers are also considered final.
• The broker does not provide specific commission information on its website. For detailed information about commissions and how they are calculated, it is recommended to contact the company representatives or read the terms and conditions.
• Takes measures to make refunds impossible.
• Offers leverage up to 1:200 for all clients. This means that clients can use up to 200 times their deposit for trading. However, it should be remembered that high leverage can increase risk and losses for retail traders.

When choosing Kortex, potential clients are advised to familiarize themselves in more detail with the payment rules, commission amounts and other important conditions in order to make an informed decision about cooperation with this company.

Broker license and regulators – reliability and transparency of the platform

Kortex Limited, in accordance with the information indicated on the website, is registered in Cyprus. This financial and legal location implies a predominantly favorable regulatory environment, as Cyprus is a popular destination for financial services companies and brokers. However, it is important to note that the Kortex website lacks detailed registration and licensing information, which may cause some concern for customers seeking transparency and authenticity.