What is Kerford UK?
Kerford UK allows professional trading opportunities with features to improve trading capabilities. It serves under UK law and operating through a financial center – London.
Kerforf UK Broker represents a unique trading system with access to trade Forex, Equity, Mutual Funds, Precious Metals, and Bullion, all provided by a variety of platforms and trading conditions.
Kerford UK is well known for its STP connection that brings light-speed execution through advanced technology meanwhile orders are filled with no slippage, which is absolutely a great benefit for any strategy you deploy.
Education
In fact, Kerford UK not only maintains fair trade standards but also recognizes the importance of good customer service along with educational materials. Traders of any size, portfolio, and experience may invest with Kerford UK as they set profitable learning materials covering Forex lessons, CFD trading, and Trading Metals online.
Is Kerford UK safe, or a scam?
Kerford UK is an investment company founded in the United Kingdom and regulated by the Financial Conduct Authority. Nearly all financial institutions are controlled by the FCA in UK which strictly regulates the integrity and efficiency of the finance industry.
Therefore, in our Kerford UK study, we cover license as the most critical step to check before you sign up for enticing trading opportunities. The broker has earned confidence as a result of its license and a long history of activity.
In basic terms, this ensures that the broker is continuously monitored, recorded, and obligated to take strict safety measures to bring you a clear state of mind. Money is always divided into separate accounts and secured by FSCS in the event of business insolvency. You can always ask for help from FCA when dealing with its licensed brokers.
Platforms for trading
By giving you access to trade Forex, CFDs, Metals and more Kerford UK propose to execute orders and use its own established Kerford UK Trader software. The platform was built under strict and high-performance objectives to match both a technical approach and provide ease for beginners. Software versions are appropriate for all types of computers. You can download versions for your PC or MAC, and stay involved with your smartphone applications.
While it might seem a loss that the broker does not offer the industry-leading MT4, Kerford UK Platform is indeed a very nice and powerful device. It is an advanced trading software, including free goods and training, along with access to the Demo Platform.
In addition, the platform gives simplicity through its intuitive design, yet packed with a powerful generation of analysis, great charts, and modules that can be dynamically linked.
Fees and costs?
Kerford UK has three types of accounts that offer an opportunity to trade across Mini, Standard, and Pro accounts. There is, no pure explanation of the differences between them. The accounts are built according to the trading size, which, with higher volumes, will bring you better opportunities
Fees
For example, there is no example on the website of unique quotes or Kerford UK spreads. Kerford UK, however, cites its distribution as the lowest distribution among the offerings of the industry. In addition, Kerford UK provides customized solutions to traders through its STP connection and raw spreads. While trading costs are suited to a specific trading model, which you can check with the customer service.
Always consider rollover or overnight charge which is around 2% for short positions held longer than a day.
Leverage
Another significant point of our review are the leverage rates that increase market exposure and boost profits. Nonetheless, it is extremely important to learn how to use leverage smartly, as it often raises the risk of failure.
The authorities have recently limited the use of high leverage for retail traders, thus offering up to 1:30 for Forex instruments, 1:20 for small currency pairs, and even 1:10 for Commodities through dealing with the UK brokerage. Nevertheless, professionals can apply for higher ratios up to 1:200 as indicated on the broker’s website.
Deposit and withdraw
The last point in our Kerford UK Review is to learn how to transfer money when opening an account. Transfer options include various payment methods such as Credit or Debit Cards and Bank Wire transfers.
Minimum deposit
Minimum deposits start at $1,000, which might be very high for beginners, but a fair amount for experienced traders.
Fee for withdrawal
Kerforf UK does not charge additional fees for withdrawal. However, the payment provider may charge a processing fee that you need to check.
Conclusion
Overall, we like Kerford UK, even though some points remain vague as the company does not have much detail available.
Its long history of operation also brings an understanding that the company manages to remain strong throughout various events and is a proven, reliable broker.
