KLMFX Review 2025

KLMFX offers traditional assets and markets on the MetaTrader 5 platform.

KLMFX is a multiple award-winning broker that gives traders access to Forex, stocks, indices, commodities. Interestingly, KLMFX supports the MetaTrader 5 trading platform, but not the hugely popular MetaTrader 4 predecessor at this point.

In terms of features offered to traders, KLMFX has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.

Please note that KLMFX is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.

KLMFX Summary

KLMFX offers traditional assets and markets on the MetaTrader 5 platform.

KLMFX is #90 in our rankings of CFD brokers.

Ratings

40%
Trust
50%
Instruments
71%
Features
BonusNone
InstrumentsForex, stocks, indices, commodities
Demo Account ✓ Yes
Min. Deposit $250
Min. Trade0.01 Lots
Regulated By
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account
Commodities
  • Gold
  • Silver

CFD Trading

CFD products with 1:800 leverage is offered.

Leverage1:800
FTSE Spread1.2
GBPUSD Spread2.4
Oil Spread0.3
Stocks SpreadVariable

Forex Trading

KLMFX offers online currency trading on majors, minors and exotics.

GBPUSD Spread2.4
EURUSD Spread1.5
EURGBP Spread2.5
Assets44

Payment Methods

KLMFX accepts the following payment methods:

Awards

KLMFX is a multiple award-winning broker, with 3 awards received so far.

  • Best Broker for Experience and Technology 2015
  • Best Broker for Customer Service 2015
  • Best Broker for Analysis and Reports 2014
Risk Warning – Your capital is at risk

FAQ

Is KLMFX Safe?

Yes, most likely, as we gave KLMFX a trust score of 40% in this review. The main negative factor in this score is that KLMFX is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does KLMFX Accept PayPal?

No, KLMFX does not accept PayPal payments. See our list of brokers that accept PayPal for alternatives.

Is KLMFX Halal?

Yes, KLMFX does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does KLMFX support?

KLMFX only supports the MetaTrader 5 trading platform at this time.

Is KLMFX Regulated in the UK?

No, KLMFX is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for alternatives

Is KLMFX Regulated?

No, unfortunately KLMFX is unregulated as far as we know. Prudent traders will want to check out the list of FCA regulated brokers for alternatives.

Top 3 KLMFX Alternatives

These brokers are the most similar to KLMFX:

  1. IG Index - Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
  2. FXPrimus - FXPrimus is an award-winning CySEC-regulated brokerage offering CFD trading on 200+ instruments via the MetaTrader 4, MetaTrader 5 and cTrader platforms. The choice between a competitive commission-free account and two affordable raw spread options make this an accessible broker for anyone seeking forex, stocks, indices and commodities with high leverage.
  3. GO Markets - GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.

KLMFX Feature Comparison

KLMFX Compared With Similar Brokers
KLMFX IG Index FXPrimus GO Markets
Rating 0.8 4.7 2.3 3.9
Markets Forex, stocks, indices, commodities CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities, Bonds CFDs, forex, indices, shares, energies, metals, cryptocurrencies
Minimum Deposit $250 $0 $15 $200
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Demo Account Yes Yes Yes Yes
Regulators - FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB, AFM CYSEC, MIFID, ICF, FCA, BaFin, VFSC ASIC, CySEC, FSC of Mauritius
Bonus - - - -
Education No Yes No Yes
Platforms MT5 MT4 MT4, MT5, cTrader MT4, MT5
Leverage 1:800 1:30 (Retail), 1:222 (Pro) 1:1000 1:500
Visit
70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Review KLMFX
Review
IG Index
Review
FXPrimus
Review
GO Markets
Review

Trading Instruments Comparison

Comparison of KLMFX Trading Instruments
KLMFX IG Index FXPrimus GO Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Crypto No No Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes Yes Yes
Corn No No No No
Futures No Yes Yes Yes
Options No Yes Yes No
ETFs No Yes No Yes
Bonds No Yes Yes No
Warrants No Yes No No
Spreadbetting No Yes No No
Volatility Index No Yes No No

KLMFX vs Other Brokers

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KLMFX offers traditional assets and markets on the MetaTrader 5 platform.