| General Information | |
|---|---|
| Broker Name: | Kowela |
| Broker Type: | Forex & CFD |
| Country: | Hong Kong |
| Operating since year: | 2021 |
| Regulation: | / |
| Address: | The Gateway Tower 5, Harbour City, 15 Canton Road, Kowloon, Hong Kong |
| Broker status: | Active |
| Customer Service | |
| Phone: | +18008615256 |
| Email: | customer.info@kowela.com |
| Languages: | English, Portuguese Spanish, Russian |
| Availability: | 24/5 |
| Trading | |
| The Trading platforms: | Proprietary |
| Trading platform Time zone: | / |
| Demo account: | No |
| Mobile trading: | Yes |
| Web-based trading: | Yes |
| Bonuses: | No |
| Other trading instruments: | Yes |
| Account | |
| Minimum deposit : | $2,500 |
| Maximal leverage: | 1:400 |
| Spread: | Floating |
| Scalping allowed: | Yes |
Content
Kowela brokerage has recently appeared in the financial market, and it already drew our attention with its smooth, easy-to-access website and beautiful features.
In the Kowela review, we would like to underline some critical features for you to ensure that even though it’s new on the market, it is fully approved by us, and you can feel free to start working with them.
Kowela.com provides forex and CFD trading with its users. The brokerage is headquartered. The company has started operating in 2021 and already has more than 1500 market products to offer the traders.
In our Kowela review, we will provide some detailed information about the company and allow you to determine whether you want to use the content it provides.
The most important detail for us is that traders run the company. It already means that the brokerage understands customers’ needs and provides accurate assistance and services.
Generally, the companies should remember that their platform’s visual side hugely affects their potential client’s first impressions. Speaking about the website’s design, we would say that the platform Kowela put some effort into it. The design is smooth, simple, with beautiful colors, easily accessible information, and simple navigation. We are confident to say that even beginner traders can simply find all the required info and details they need to open a trading account on the platform.
Now let’s discuss the additional information about the broker as the visual side is essential, but the content and the services are actually what all the traders are curious about.
Some traders might have come across some scam companies that claim to be the legal brokerage. Hundreds of new brokerages are adding up from time to time. These reasons make It challenging for legal companies to prove their legacy. As we already mentioned, Kowela broker has just appeared on the market, and it takes a lengthy procedure and time to gain international regulation. However, Kowela is regulated by the local regulator in St. Vincent and the Grenadines.
While exploring Kowela’s services and client’s experiences, we couldn’t find any issues that might raise doubts regarding the safety of funds.
As we discovered, the fund security on Kowela.com is guaranteed as the accounts and trader’s information Is encrypted and authenticated. Third-party involvement is also controlled and banned on the website, making it impossible to trick clients into making deposits and steal their money later (what, unfortunately, many scam brokerages do).
The company claims to be 100% transparent, and we couldn’t find a single reason against it. You will find a long page on their website regarding the legal terms. The terms and conditions also provide a clear idea about the customer’s protection. Overall, we’d say that Kowela is a legit company, and your safety is guaranteed here. We suggest you read all these documents and then decide you want to sign up or not.
We have mentioned several times that Kowela, even though it’s a brand new broker, offers a wide range of trading instruments.
As we said, Kowela generally is a forex trading CFD trading platform. Except for currencies (wide selection of over 90, majors and exotics, currency pairs.), you can also feel free to trade with commodities (such as Gold, Brent Crude, and Natural Gas), stocks (E.g., invest in Apple, Google, Netflix), indices (FTSE 100, DAX 30, and NIKKEI 225), and digital currencies (Bitcoin, Ethereum, Ripple, Litecoin, and many other digital currencies).
Kowela suggests six general accounts: Junior, Advanced, Investor, Trader, Trader Pro, and VIP. Even the most basic one, Junior already has a wide range of features.
The minimum deposit is 2.500 USD. The account is technically free. Traders can use all the cash deposited in the trade without worrying about too many accounts. As your deposits will grow over time, the account will upgrade automatically, which means that additional features will activate for you and open broader possibilities for more successful trades.
These are the features each trading account have:
Kowela.com is operating on a proprietary platform. The platform runs on web browsers and android & ios mobile devices, which makes trading with them super convenient. Kowela obviously tried to give its customers the possibility to comfortably trade from everywhere and anytime, with just an internet connection.
Let’s mention the key features the Kowela trading platform has. First, it covers multi-asset trading (Stocks, commodities, etc.). Second, it has an easy-to-use interface. Third, it provides free market data and news. Next, it has a level II pricing system. Besides, the platform supports six pending order types, three chart types with direct trading from the chart, 38 built-in indicators, and 37 graphical objects.
With all these possibilities, we’re sure you’re trading experience will go smooth and quick on Kowela.com.
Another exciting and valuable feature that Kowela.com offers is two kinds of analysis tools: Pivot Point Calculator and Fibonacci Calculator. The Pivot Point calculator helps you calculate your pivot points of the currencies, commodities, stocks, or any other product you are investing in, while Fibonacci predicts estimated price target changes.
The Kowela platform also teaches you how to use calculators. You will need to collect the data of an old trade, then Enter High and Low Prices from the old chart, Specify the Open/Close price values and Click ‘Calculate’ to see the results. The tools are super simple to use and give you considerable assistance to calculate pivot points and approximate price targets.
We are happy to inform you that Kowela has a dedicated customer support service. This team will make your trading experience enjoyable.
Even though Kowela has just started operating, their website and customer support team work in multiple languages: English, Portuguese, Spanish, Russian, French.
It guarantees the comfort of traders from many parts of the world.
Customer support works 24/5 without delays and long hours of waiting. You can contact them via phone, email, and online live chat. The broker can also use it on relevant social media, such as Facebook, Instagram, Twitter, and Youtube
Live chat is fast and responsive, which is much better than waiting a few days to send an email. The broker’s help center can quickly resolve customer issues. Their email replies were also prompt and appropriate.
In general, we would say that Kowela provides excellent customer support.
Kowela.com is genuinely a precious find in a sea of questionable companies and a poorly executed broker.
Kowela strives to offer its clients a convenient and entirely excellent trading experience. We were surprised to see that their team is devoted to the clients’ success by providing various advantageous market conditions, innovative education tools and insights, and well-timed support on a worldwide level.
Pros of Kowela:
Cons of Kowela:
Trading with forex, CFDs, and crypto market products is quite risky. Consider the fact that there is always a possibility of losing your investment capital. Thus you may say goodbye to forever. Some market products may not be appropriate for all types of investors. All traders must understand and agree to the risks involved before using the services of Kowela. Make sure you have enough knowledge and trading experience before making any vital trading decision.
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