Kama Capital operates as a Forex broker utilizing the Metatrader 5 (MT5) platform, available for both PC and mobile devices. Their offerings encompass over 35 forex currency pairs, indices, and CFDs on commodities like oil, gold, and silver, providing diverse investment and trading avenues.
Regulators:
The company, KAMA Capital Ltd, is a Global Business Company (No. 193899), regulated by the Financial Services Commission (FSC) of Mauritius as an Investment Dealer (License No. GB 22200704). Additionally, they are registered with a representative office in Dubai, UAE (License No. 1110399) under the Dubai Economic Department, and authorized and regulated in ST. Vincent and Grenadines (Company No. 2049 LLC 2022).
Availability: Availability extends to clients worldwide, excluding certain OFAC sanctioned countries, with a streamlined registration and verification process. They offer an institutional type of account and operate in offshore and UAE jurisdictions, providing tight spreads on major currency pairs.
Trading Instruments: Trading instruments include over 40 currency pairs, 8 indice CFDs, 4 metal CFDs, and 4 energy CFDs, yet lacking crypto trading, single stocks, and bonds.
Reliability: There are concerns regarding their regulatory claims in Saint Vincent and the Grenadines and Dubai, as these assertions may lack substantiation. While offering basic trading instruments on MT5, Kama Capital’s account options range from Classic, Prime, to Institutional Prime, differing in minimum deposits, spreads, and commissions.
Deposits are facilitated via bank wire transfers, major payment cards, cryptocurrencies, and various e-wallets. Customer support is available 24/5 through live chat, phone, or email.
Final Words: Stay cautious while trading with this broker
In conclusion, Kama Capital’s regulatory transparency and available trading instruments could be enhanced for client reassurance and a more diverse trading experience. Improvements in these areas could position them as a more compelling broker in the future.