Broker Reviews

Broker Review: Kaarat

KAARAT REVIEW

Comments Rating 4.45 (183 reviews)

GENERAL INFORMATION

Broker Name:

Kaarat

Broker Type:

Forex & CFD

Operating since year:

2021

Regulation:

/

Address:

180 Kingstown, St. Vincent & the Grenadines

Broker status:

Active

CUSTOMER SERVICE

Phone:

+18009428236

Email:

support@kaarat.com

Languages:

English

Availability:

24/5

TRADING

Trading platforms:

Proprietary

Trading platform Time zone:

N/A

Demo account:

No

Mobile trading:

Yes

Web-based trading:

Yes

Bonuses:

No

Other trading instruments:

Yes

ACCOUNT

Minimum deposit ($):

$250

Maximal leverage:

1:400

Spread:

Floating

Scalping allowed:

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

Broker Review: Kaarat

General Information & First Impressions

Kaarat is a new versatile brokerage that aims to attract customers with its versatile trading services. It has numerous asset classes in its library via CFDs, but its primary focus is forex trading. The broker works from Saint Vincent and the Grenadines, and its offices are at 180 Kingstown. The brokerage aims to be a place where both new and experienced traders can fulfil their trading needs. If you’re a trader looking for a new brokerage or want to become one, learn more in our Kaarat review.

Kaarat has a pretty characteristic visual design which sets it apart from other brokers right off the bat. It looks modern and elegant while still conveying a degree of creativity.

Admittedly, you aren’t signing up for a broker’s services because it looks pretty. However, Kaarat’s website has numerous advantages beyond that, with smooth functioning and intuitive navigation. For example, the broker makes sure the signup button is always visible by glueing its bar to the top of your screen. The bar also contains the drop-down menus for various other important sections. That eliminates the need for a “jump to top” button and overall makes getting around kaarat.com easier.

Kaarat employs various other similar features that improve the browsing experience incrementally. If you’d like another example, there are useful links in the website’s footer. All that adds up and results in a noticeably more convenient website than other brokers’. As you can conclude, our first impression of our Kaarat review was fantastic.

Fund and Account Security

Kaarat is one of the few new brokerages that actually takes its customers’ safety seriously. Most new brokerages tend to forgo introducing any serious measures because it’s much easier that way. Alternatively, a lot of new brokers are up to no good and intentionally fudge their safety. Kaarat set up its feature so that it’s apparent why you should trust them. It leaves no room for doubt about its integrity.

Let’s elaborate on the claims we made since they are on the stronger side. Kaarat carefully garnered its reputation so that its users and reputable outlets all agree on its quality. While it’s far from an objective measure, reputation is usually the most up-to-date thing you can look at. That’s because users who are wronged are quick to complain and detail a brokerage’s misdeeds. The fact that Kaarat doesn’t have any such discontent users is strongly encouraging.

Furthermore, when you look through the broker’s website and legal docs, you can see that they’re all clear. That’s another huge indicator that kaarat.com is a serious and valid brokerage. If it were trying to hide something, that’s where it’d be hidden, as that’s the usual shady brokerage practice. Altogether, we can see that the broker itself doesn’t intend on harming users in any way.

But what about hackers? Well, Kaarat has strong security, proven by the fact that it hasn’t been a victim of any attacks so far. Simpler features, such as encryption, ensure that, and so do more complex unknown ones. It also has account verifiers, which tremendously improve account safety for customers that link devices.

The Trading Accounts

The account structure at Kaarat is largely similar to what you usually see with online brokerages. There are accounts for traders with different budgets, with more expensive options including more features. The level of your account is dictated by the cumulative deposits you’ve made while trading with Kaarat. Altogether there are seven types, with the cheapest option being $250, making it easy to make an entry deposit. Here are the account specifications 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

Gold

  • 500,000$
  • Custom Instruments
  • No Additional Costs
  • Islamic Conditions
  • Leverage 1:400
  • Wide Analysis
  • Fast Execution

Platinum

  • 1,000,000$
  • Custom Instruments
  • No Additional Costs
  • Islamic Conditions
  • Leverage 1:400
  • Wide Analysis
  • Fast Execution

VIP

  • from 10,000,000$
  • Sign Up
  • Custom Instruments
  • No Additional Costs
  • Islamic Conditions
  • Leverage 1:400
  • Wide Analysis
  • Events & Conferences

Kaarat’s Trading Platform

Kaarat uses a custom trading platform that emphasizes usability and customization. As such, it presents a solid tool for both those that are self-sufficient and those starting their trading journey. For the former, you’ll be able to mould the way you trade to a large degree. That makes the entire process more comfortable and is likely to also increase your success rate.

For the less experienced, the intuitive interface lessens the effort you need to understand trading. Since it’s clear what you need to do, it shortens the time you need to spend studying the platform. That’s especially meaningful since some consider the knowledge barrier to be the most difficult thing to overcome before you start trading.

The software is available through a downloadable platform, web, and mobile apps. That increases trader mobility and overall convenience. The phone app also helps you react to market changes which can be quite sudden.

Funding and Pricing

Kaarat’s pricing is one of its primary selling points, as it’s one of the more user-favouring brokerages. It has tight spreads, which minimize the costs on the trader side while still leaving enough to keep the broker afloat. When we couple that with the low entry cost and beneficial accounts, there’s no doubt the pricing is superb. However, even that’s not the end of it.

One thing we didn’t mention earlier in our Kaarat review is its social trading features. Those present a valuable secondary income source that can help further propel your trading profits. If you’re experienced, you can let other traders copy off you and earn a small cut. If you’re still learning, you can copy others and bolster your rate of success.

Lastly, we also need to say that the funding options are fantastic, with many of them present. They’re also quick, eliminating the chance you’ll miss a valuable opportunity because you couldn’t top up your account. In the same vein, you can also quickly get money out of your account, eliminating the frustration of waiting.

Trading Products at Kaarat

Kaarat has a broad selection of trading instruments which it presents to users as CFDs. The user’s primary asset is forex, but all major categories are present. More expensive account types even unlock the option to request custom assets. Here are the trading product classes you can expect to see at kaarat.com:

  • Forex
  • Stocks
  • Commodities
  • Indices
  • Cryptocurrencies

Customer Service at Kaarat

Kaarat has around-the-clock support five days of the week, excluding weekends. The operatives are available through phone lines, email, and live chat.

  • Phone: +18009428236
  • Email: support@kaarat.com

Conclusion

There’s not much left to say in our Kaarat review, as the brokerage largely speaks for itself. It has versatile trading conditions with excellent safety and user treatment. The platform, asset variety, and overall innovative features all tie into a cohesive theme, and position Kaarat as a truly inventive brokerage. The most impressive thing is that it achieves that without sacrificing the features that we already love about similar brokers.

There’s no doubt that kaarat.com deserves your attention. If you’re in search of a new brokerage, seriously consider giving it a shot.

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Kaarat Review
  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 4.45 (183 reviews)
Published by
Tadeusz Kowalski

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