The brokerage firm that manages this site is registered in St. Vincent and the Grenadines. The intermediary claims to be an experienced market participant and guarantees clients “the best prices when trading any assets.” Meanwhile, the company does not report having a license to conduct financial activities.
Should you invest in this platform? Do not hurry, you should look into more details about the project’s offers and security. Read on and you will find out in our Kiplar review about the reliability of this broker.
How to Trade
The company offers its clients the proprietary terminal KIP Trader. You will have access to the markets of commodities, metals, indices, and currencies. You can use the following trading conditions:
- More than 10,000 assets.
- 5 accounts with initial deposits from $250 to $100,000.
- Minimum trade size from 0.1 lot.
- Leverage from 1:1 to 1:400.
VIP account provides negative balance insurance and low prices. However, there is no information about fees and commission. Withdrawals are possible within 7 days.
In addition, the brokerage platform provides traders with training, webinars, and a bonus program. Besides, clients with premium accounts can get a personal portfolio.
Kiplar Vital Info
The company does not provide proof of incorporation of a legal entity and does not disclose the date when it was founded. Meanwhile, the Terms and Conditions for clients specify the year 2020. As for the domain, it was also created in 2020 and renewed in November 2024. Please note that the domain name of this platform is kiplar.net, while all of the firm’s documents list kiplar.com. Perhaps this is a mirror copy of the main resource.
How is this broker regulated? The address of the firm is indicated in the basement of the site – the platform is registered in the offshore zone of St. Vincent and the Grenadines under the number 25797BC2020. We checked the company registry of this island jurisdiction. It turned out that this brand was registered there in 2020, but now has a canceled status. Any way, the Grenadines do not issue brokerage licenses. So, the owners of the project provide services to traders illegally.
The broker is reliable because it brings transactions to the interbank market rather than just processing them on its own. It is possible that it hedges them in the real market - I don't know the exact information. However, I do know for sure that Kiplar is a decent intermediary and it only makes money on commissions that are presented inside spreads. Therefore, I recommend either this broker or another similar broker that operates under the same scheme as Kiplar. In this scheme, the broker is an intermediary between traders and liquidity providers, which means it earns only on spreads.
Does this company withdraw money from my account? Yes! Until now I didn't trust them very much, but when the broker quietly withdrew me $14K, I was convinced of the decency of the project. Now, I am all trading here without anxiety, but time will tell if there are any pitfalls in the terms of this intermediary...
I decided to try my hand at forex trading with an initial capital of 1,600 XRP. Everything was going well until I tried applying a slightly aggressive strategy using 1:100 leverage. Not only were my trades brutally closed at stop losses due to price manipulation, but the margin call came in much sooner than I expected. I lost everything and was left with no money thanks to these crooks from kiplar.
I was expecting some support after opening an account at kiplar.net, but instead the managers just dropped me links to useless articles. My first and last attempt to trade with them ended up losing 1,5k euros because of their “advice”. Spreads were much higher than they originally promised and hidden commissions ate up the rest of my deposit.
Recently, the performance of this terminal has started to decline. Yes, and the withdrawal of funds is delayed. I can't figure out what's going on. I don't want to lose a good company, but I have a bad feeling about this. Most of the reviews about kiplar.com are negative so far… I can't find a single positive one in the last month.
Managers of this firm processed me for six months, they are good psychologists and therefore they are excellent scammers who did their job for 5 points. I will not write how much they cheated me, I'm just ashamed that I fell for the crooks and gave them almost all my savings. Their scheme is simple: a manager immediately processes an application for account registration, then they bring you to the administrator and tell you that you are the future of their company and will become a trading guru. Then you deposit money into kiplar and they immediately say goodbye to you. The only positive thing about this situation is that the lawyers helped me get 60% of my deposit back with a chargeback, but I won't advertise their services, if you are interested in this process just look it up online. At least 60%, but that's still not bad. The site kiplar net should be blocked, they are scam!
Hello. I will briefly tell you about the main advantages of this company. I can already draw conclusions, as I have been trading for several months with KIPLAR - and this is a long time, it's not 1-2 days or a couple of weeks. So, the first plus that I will highlight here is the KIPTrader trading platform. This is a very cool trading software that supports a huge number of instruments, assets, options and so on. It is an ideal forex trading platform. Traders use it all over the world for a reason. The second advantage is the high leverage, which can increase your deposit by 400 times! Thanks to this leverage you can open a huge number of deals at the same time, because the margin for entering a deal is small. And the third plus only complements the second one - these are micro lots from 0.01 and narrow spreads!!! You can trade intraday, which is what I do, and not worry about spreads, which eat up almost all the profit from a trade. Also, the microlots allow you not to compromise your money management in Kiplar if your deposit is small.
I was so glad to be introduced to a broker like KIPLAR. I was quickly verified and joined trading almost immediately. I will note that the project has a big turnover as well. I thought I would invite my friends to earn some money too. But my wonderful story ended as soon as I made a request for withdrawal. I immediately got a ban!!! Why? I could no longer log in to my account, as well as to find out everything...
I invested $3.1k. It was my mistake. Disgusting customer service, complete lack of transparency in transactions and zero return on investment in kiplar.net.
KIPLAR has completely gone bad. I used to think it was the best company. Now it is just starting to give me a lot of problems. The terminal is not working properly. It lags and freezes all the time. I am currently looking for another company to trade with.
Withdrawing money takes a long time, very long, that's why I left cooperation with this company, because there is no efficiency from this service. If you need money very urgently within a few days, you still will not get it. In addition, negative reviews began to appear on the Internet, which led to an increase in the number of cases of delayed withdrawals and even withdrawal refusals. Be careful, everything I have written is true.
KIPLAR broker doesn't have a license, so you shouldn't invest in this company. Although there is information about a great terminal on the website, you should not believe it as they can write anything. I wouldn't trust a broker that doesn't have a license, it's too risky. As there are a lot of scammers in this field .
I noticed that the trading environment here is decent. Also, personalized support, tutorials, analytics and expert help is available with Kiplar. I liked the leverage is flexible. The only thing that confuses me is that customers often write negative reviews online about them. That's what really ticked me off. If there were mostly positive comments out there, I would have opened an account here a long time ago. I will note that there are positive reviews too, but negative ones are written much more often. If someone could prove to me and show me that everything is fine here, I would open an account here. At least make a screenshot so that I can be sure that the broker does not cheat, and the money is always withdrawn in full and without delays.
I wouldn't write a review if I wasn't confident in this broker. KIPLAR is geared towards experienced traders, so the initial deposit starts at $250. I can't say I respect this decision, I strictly adhere to the idea that the minimum deposit accepted should be as low as possible. However, this decision signals that KIPLAR is focused on working with people who understand why they are here and what they want to achieve. I like that the spreads are quite narrow, so you can trade without losing profits even in the most volatile times. The broker has experts, which is great because traders have the opportunity to test new strategies with a mentor before applying them to trading on their own.
The broker is unreliable, I can't work here, maybe with small amounts it is possible, but with large investments it is a constant risk and a constant threat of being debited.
My position was closed automatically due to lack of collateral, through the fault of Kiplar, and my losses reached 20 thousand dollars. The broker did not provide any explanation about this. Instead I was denied access to my trading account, fraud!!!!
I thought Kiplar was new to the market and they lure customers with good conditions, help with trading, make everything perfect and build their reputation. In reality, they are the real thieves and scammers. Maybe I am a bit hasty with my conclusions, but I came across just such a manager on kiplar.net. He convinced me, through his tricks, to double my deposit which was £700 to become £1,400 and then, I started trading on his advice. To be precise, it's hard to call it trading, I was just systematically draining my budget. When I had £200 left, I couldn't stand it and told this guru everything I thought about him, so he immediately banned my phone number. That's the kind of “training” I went through under the manager!