KCAPITAL

Mohammed Mazhar

1-2 years

How long does it take for withdrawals to be processed with KCapital?

WikiFX Reply

KCapital typically processes withdrawal requests within 2 to 5 business days. However, the funds may take longer to appear in your bank account depending on the payment method and any intermediary banks involved. This can be frustrating for traders who need quick access to their funds, especially when dealing with high-value withdrawals. From my personal experience, this processing time is average for many brokers, but it would be ideal for KCapital to reduce the time required to process withdrawals, especially for traders who rely on timely access to their funds.

Broker Issues

KCAPITAL

Withdrawal

Deposit

08-23

United States

helpneeded

1-2 years

What types of assets can be traded on KCapital?

WikiFX Reply

KCapital offers a wide range of assets, including forex, shares, commodities, cryptocurrencies, ETFs, stocks, and indices. This variety is advantageous for traders who wish to diversify their portfolios and take advantage of different market conditions. From my personal experience, having access to such a broad selection of assets is a significant benefit, but it’s important to recognize the volatility of certain instruments, especially cryptocurrencies, which can lead to higher risks. Traders should carefully consider their risk tolerance before trading such volatile assets.

Broker Issues

KCAPITAL

Leverage

Account

Instruments

Platform

08-18

United States

Hhduy

1-2 years

What are the fees associated with trading on KCapital?

WikiFX Reply

KCapital’s fee structure is relatively complex and varies based on the type of account you choose. Fees can range from 1% to 7%, with higher-tier accounts like Platinum offering reduced fees for commissions and swaps. For instance, Platinum accounts enjoy commissions as low as 0.25%, whereas Beginner accounts can face commissions ranging from 1% to 2.5%. In addition to this, swap fees are charged for holding positions overnight, with fees ranging from 0.6 to 0.2 depending on the account type. These fees, although competitive for higher-tier accounts, may add up significantly for lower-tier users. For active traders, these fees could eat into their profits over time. Personally, I would recommend reviewing the fee structure carefully before committing, as the costs can quickly accumulate, especially for traders who do not qualify for the reduced rates available with higher-tier accounts.

Broker Issues

KCAPITAL

Fees and Spreads

08-16

United States

TJensen

1-2 years

Does KCapital charge commission on trades?

WikiFX Reply

Yes, KCapital charges commissions on trades, and the commission rate depends on the account tier. For example, Beginner accounts charge 1% to 2.5%, while higher-tier accounts such as Gold and Platinum charge lower rates ranging from 0.5% to 1.5%. Although these rates are competitive for high-volume traders, they might seem steep for smaller traders. In my view, the commission fees could deter those who make smaller trades or those who are just getting started, as they will eat into the profits of each trade. Overall, traders should be aware that commissions are a significant cost to consider when using KCapital, and it’s important to evaluate whether the benefits of higher-tier accounts justify the additional costs.

Broker Issues

KCAPITAL

Fees and Spreads

07-24

United States