Kaarat Review
| General Information | |
|---|---|
| Account | |
| Address: | 180 Kingstown, St. Vincent & the Grenadines |
| Availability: | 24/5 |
| Bonuses: | No |
| Broker Name: | Kaarat |
| Broker status: | Active |
| Broker Type: | Forex & CFD |
| Country: | Saint Vincent and the Grenadines |
| Customer Service | |
| Demo account: | No |
| Email: | support@kaarat.com |
| Languages: | English |
| Maximal leverage: | 1:400 |
| Minimum deposit: | $250 |
| Mobile trading: | Yes |
| Operating since year: | 2021 |
| Other trading instruments: | Yes |
| Phone: | +18009428236 |
| Regulation: | N/A |
| Scalping allowed: | Yes |
| Spread: | Floating |
| The Trading platforms: | Proprietary |
| Trading | |
| Trading platform Time zone: | N/A |
| Web-based trading: | Yes |
CONTENT
- General Information & First Impressions
- Fund and Account Security
- Registration at Kaarat
- The Trading Accounts
- Kaarat’s Trading Platform
- Funding and Pricing
- Trading Products at Kaarat
- Customer Service at Kaarat
- Conclusion
Kaarat Review – What Brokerages Should Look like
General Information & First Impressions
Kaarat is a new multi-language brokerage that aims to position itself as an accessible all-around company. The firm focuses on providing its customers with forex trading services, but CFDs on other instruments are also there. Particularly, the broker also cares about cryptocurrency and stock trading as perhaps the most popular asset classes currently. Kaarat runs from Saint Vincent and the Grenadines at the address 180 Kingstown. Our Kaarat review will strive to help you paint an accurate picture of the broker so you can decide if it’s your next trading hub.
Kaarat is a modern brokerage that tries to follow innovation, and it presents that with its visual design. It adheres to the “tech startup art style” called Corporate Memphis. That’s a clever use of visuals that are usually a side thought for most brokerages. It immediately presents Kaarat as a tech-savvy broker for modern retail traders.
But while the art’s usage is clever, it does very little to shape the overall experience. However, the broker also does well where it matters more. The overall navigation on Kaarat.com is intuitive and lets users get to what they need easily. On top of that, it has easy access links at the bottom of every webpage, further simplifying orientation.
Lastly, we should also mention that the broker presents its info in an easily digestible manner. That makes the process of researching it much less mentally taxing and quickens the process. It also boosts our trust in the broker, as it doesn’t use shady tactics to present itself as better than it is. Altogether, we were content with the first impression for our Kaarat review and definitely eager to learn more.
Fund and Account Security
When it comes to online safety, you can’t make any compromises, especially with financial companies like brokerages. With potential thousands in your account, getting hacked can put a severe dent in your future budget. There’s also the looming threat of scam brokers, as they’re fairly present on the market right now. As such, we conduct a rigorous inspection of every broker’s security before we write our text about them. It was no different for our kaarat.com review.
We’re glad to say that we’re quite content with our findings. The broker came back with a clean record and no past transgressions or major issues. That’s a significant confidence booster, as brokers’ misdeeds often come to light quickly through user reviews. Otherwise, Kaarat’s reputation seems pristine, both with users and official review outlets. That’s a solid basis for trust and eliminates a good deal of anxiety that comes with looking at new brokers.
Furthermore, the broker’s external security measures are sound. They guarantee the safety of users who put even the minimal amount of effort into keeping themselves safe. Here, we’re talking about encryption, which protects the info you put in, and authenticators. The latter let you link devices, so you have a failsafe even if one’s compromised. While both measures are relatively simple, they’re effective at protecting cautious users.
Lastly, as we mentioned earlier in our Kaarat review, the broker’s website is transparent. That lets us bang the gavel on the final verdict as far as security goes for our Kaarat review. The broker is upfront and safe, and it’s highly unlikely you’ll run into any trouble security-wise.
Registration at Kaarat
Registration is fairly simple with Kaarat. It includes the healthy practice of always keeping the sign up button visible, so you’ll see it outlined in green no matter where you are on Kaarat.com. Once you’re there, you can submit your personal info, with the broker showing a short rundown on the right of the screen. The info the broker requires isn’t inavesive and is overall the bare minimum a broker needs to know. That further boosts the broker’s credibility and overall makes the process quicker and simpler.
The Trading Accounts
Accounts at Kaarat follow a fairly standard structure as far as trading accounts go. In other words, Kaarat arranged its accounts into different tiers, with each requiring different deposit thresholds. That means you can either go for a more expensive option straight away or let your deposits accumulate and tip you over. The setup is quite user-friendly, as it enables the broker to create a competitive environment for budget traders. At the same time, it allows room for creating luxury services for more high-end users.
So it’s a setup that benefits both sides and makes the firm more versatile. As we said earlier in our Kaarat review, that’s the broker’s core philosophy, so it matches excellently. The baseline account only requires a deposit of $250, so the entry cost is entirely reasonable. The higher account types get you some extra assets and signals from the broker. That makes trading more comfortable and eliminates some of the required time investment for trading.
Overall, the broker’s account setup matches its overall direction and propels it further. That speaks to the broker being competent and creates a better experience for users. Here are some of the account qualities at kaarat.com:
Basic
- 250$
- Major Instruments
- Advanced Platform
- Mobile Trading
- Leverage 1:400
- Free Education
- Daily Signals
Standard
- 15,000$
- Major Instruments
- Advanced Platform
- Mobile Trading
- Leverage 1:400
- Free Education
- Daily Signals
Premium
- 50,000$
- Extra Instruments
- Advanced Platform
- Mobile Trading
- Leverage 1:400
- Free Education
- Daily Signals
Ultimate
- 100,000$
- Extra Instruments
- Advanced Platform
- Mobile Trading
- Leverage 1:400
- Free Education
- Daily Signals
Kaarat’s Trading Platform
Kaarat uses a proprietary trading platform that matches the spirit of the rest of its features. In other words, the platform focuses on being easy to use and versatile, with a high degree of modularity. That lets it appeal to newer traders, with an intuitive interface and commands, you can quickly learn. On the other hand, more experienced traders can alter their trading so that it matches their preferred style and method. That makes the broker able to create a service that’s versatile enough so both groups are content without really losing anything.
Kaarat’s platform is available in all three major forms. Traders can use a downloadable terminal or the more accessible web trader or mobile trader. That lets users access Kaarat’s services no matter where they are and what they might be doing. Consequentially, that also means Kaarat is good for both casual and more serious traders.
Funding and Pricing
Funding and pricing at kaarat.com position it as one of the leading new brokerages to look out for. Namely, the broker charges via spreads, which minimizes the costs for the vast majority of users. At the same time, it’s enough to keep the broker up and running and to let it develop its services. The spreads themselves are fairly tight and, as such, make the costs of using Kaarat’s services negligible. Altogether, keeping a larger cut of your profits is never a bad thing, and Kaarat allows exactly that.
It even allows alternative earning methods such as social trading. The feature can benefit both capable traders and those that are just starting out. If you’re the former, you can let people copy your trades to bolster your funds if they do. However, if you’re still new, you can copy others and learn their patterns while still earning money.
Lastly, we should also talk about the broker’s funding which is quick and versatile. There are tons of options, and they all process fairly quickly, allowing you to top up your account whenever. You won’t find any issue trying to withdraw money from Kaarat.
Trading Products at Kaarat
Kaarat has a versatile setup with various instrument classes that constitute its asset library. The total count of assets is large, and the broker divided them soundly into categories. So while forex is Kaarat’s focus, the other categories are far from lacking, with enough assets for a complete experience. The significant amount present makes it easier for traders to diversify their portfolios and find new investment opportunities. Here are the trading instrument classes at kaarat.com:
- Forex
- Stocks
- Commodities
- Indices
- Cryptocurrencies
Customer Service at Kaarat
Kaarat structured its customer support in the same way many other brokers do. In other words, there are operators active 24/5 and you can reach them via phone, email or live chat.
Phone: +18009428236
Email: support@kaarat.com
Conclusion
Kaarat is a fresh new take on what brokerages should look like. While it incorporates many of the standard online broker features, it builds on them. That makes the experience unique and positions Kaarat as a prospective new broker with excellent service. The focus on customer experience is nice, creating an enjoyable trading experience. Meanwhile, the potency is still there, ensuring that you don’t miss out on possible opportunities.
All that constitutes a brokerage that’s definitely worth trying out. In a sea of carbon-copy brokerages, Kaarat stands out as a broker that isn’t afraid to innovate. It does that in a sound way, without sacrificing the things that are already present on the market and working. All that is definitely enough to earn the broker a recommendation to wrap up our Kaarat review.
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