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Kanak Capital Markets

No Regulation
Comoros
,
Since 2012
Last Updated:
26/100
Overall Score

Trading Conditions

Min Deposit:
USD2500
Max Leverage:
3000
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Bank Transfer (Wire Transfer)

bank transfer
1 days
Fee:
Free
Fee:
Free

Credit/Debit Cards

credit card
Instant
Fee:
Free
Fee:
Free

E-Wallets (e.g., Skrill, Neteller, PayPal)

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrency (e.g., Bitcoin, Ethereum)

crypto
1 hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 22%, 3: Software 50%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
4%Poor
License
22%Poor
Software
50%Fair
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Kanak Capital Markets LLC
Founded:2012
Headquarters:Comoros
Enterprise Offices:N/A

Customer Support

Phone:
+269 80006512002
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

Over the years since its founding in 2020, Kanak Capital Markets has grown steadily to establish itself as a multi-asset trading platform. The broker, with its global footprint and focus on offering diverse trading instruments, appeals to a broad category of international clients, particularly beyond the United States.

Offering exclusive trading technology, competitive leverage, and a diverse array of account types, Kanak Capital Markets exists to balance innovation with customer-centric services.

Background and History

The company called Kanak Capital Markets was founded in 2020. It is run by two primary entities: the Mauritian-based Kanak Capital Markets Global Ltd and the Comoros Union-registered Kanak Capital Markets LLC. This two-part setup offers the broker an opportunity to serve a wide, internationally diverse range of clients while following different regulatory standards that apply in each location.

Over the years, Kanak Capital Markets expanded its product base from just forex to include indices, stocks, and commodities. The company positions itself as a global provider of online trading services with a significant value proposition in risk management and client servicing. The growth strategy retains a sharp focus on emerging markets, especially in Asia and Africa, which have increasingly seen demand for accessible platforms rise.

Key Features and Offerings

Trading Platforms

Kanak Capital Markets has an in-house-built trading platform that is both a web-based terminal and a mobile app, supporting iOS and Android devices. The trading platform is user-friendly, with real-time quotes, advanced charting, and a host of technical analysis studies to satisfy the needs of traders who want simplicity and depth in their trading experience.

Account Types and Instruments

The broker has a number of account types, including Standard and Islamic (Swap-Free) accounts, with mentions of VIP accounts, though details of the latter are scant. This flexibility allows traders to choose accounts that fit their trading style and religious considerations.

Kanak Capital Markets supports a wide range of instruments:

Forex: Major, minor, and exotic currency pairs

Indices: Global indices such as S&P 500, NASDAQ, DAX, and FTSE.

Stocks: Overseas equities

Commodities include: Precious metals such as gold and silver, oil

Moreover, the broker provides educational resources through webinars, seminars, and multilingual brochures to help traders improve their knowledge of the markets.

Licensing and Regulatory Compliance

Regulatory oversight is one of the most important factors to consider while selecting a forex broker. Kanak Capital Markets operates under licenses from regulators in Mauritius and Comoros, though it lacks Tier-1 regulatory approvals from authorities such as the FCA or ASIC.

Entity

Regulator

License Number

Status

Scope

Kanak Capital Markets Global Ltd

Financial Services Commission (FSC), Mauritius

GB22202481

Active

Investment Dealer (Class I) - Forex, CFDs, other instruments

Kanak Capital Markets LLC

Financial Services Authority (FSA), Comoros

Not publicly disclosed

Active

Forex and CFD trading

Although the broker claims to segregate client funds, independent verification is limited. Furthermore, Kanak Capital Markets does not contribute to major deposit compensation schemes, which is a major indicator for risk-sensitive traders.

Trading Conditions and Platform Technology

Trading Terms

Kanak Capital Markets offers competitive trading conditions that would likely appeal to a wide variety of traders. Variable spreads start as low as 0.0 pips on major forex pairs; the typical EUR/USD spread is from 0.1 to 1.5 pips. Leverage provided by the broker reaches exceptionally high values, up to 1:3000, though this may vary depending on the jurisdiction and account type.

The minimum deposit requirement is $100; thus, the platform is available for traders of different capital levels. Generally speaking, there are no commissions on standard accounts, though one should expect some charges for the VIP or ECN account type. This information is not very transparent.

Platform Technology

The company operates a proprietary trading platform, built with ease of use and security in mind. It features real-time market data, professional charting capabilities, and technical indicators to support informed trading decisions. Integrated risk management facilities help traders control their exposure effectively. Recent improvements have been made to the mobile app, enhancing the functionality and user experience on-the-go.

Feature

Details

Spreads

Variable, from 0.0 pips (EUR/USD typical 0.1–1.5 pips)

Leverage

Up to 1:3000 depends on jurisdiction/account

Minimum Deposit

$100

Platforms

Proprietary web-based and mobile app (iOS & Android)

Account Types

Standard, Islamic (Swap-Free), VIP (Information Scarce)

Fee Structure

For traders, transparency around fees is the most important issue. According to Kanak Capital Markets, it proudly declares a flat price without deposit or withdrawal commissions, which may be appealing for the cost-sensitive customer. Details about inactivity fees are not well documented, so there is some ambiguity on this matter.

Standard accounts do not have commissions, but some fees may be involved with the VIP or ECN accounts, which are not clearly outlined even on the broker's official sites. For standard accounts, overnight financing or swap fees apply. However, Islamic accounts are swap-free.

Fee Type

Details

Deposit Fees

None (claimed)

Withdrawal Fees

None (claimed)

Commission

No commission on standard accounts; possible on VIP/ECN

Inactivity Fees

Not disclosed (assumed none)

Account Closure Fees

None (claimed)

Overnight Financing (Swap)

Applies to standard accounts only; Islamic accounts are exempt.

User Experience and Market Reputation

Users have left mixed reviews for Kanak Capital Markets on independent platforms like FxVerify and Forex Wikibit, where ratings are in the middle range, around 3.2 to 3.5 out of 5. Most of the positive feedback concerns good customer service and ease of trading with their proprietary platform.

On the other hand, some traders have expressed concerns regarding withdrawal processing times and the overall transparency of fee disclosures. The absence of Tier-1 regulatory oversight also contributes to cautious sentiment among certain segments of the trading community.

Regardless of all those challenges, Kanak Capital Markets stays competitive because it offers a wide range of trading instruments, high leverage, and educational resources, which attract traders who look for a full-fledged trading environment.

Recent Developments

In the last couple of years, Kanak Capital Markets has focused on improving its platform and expanding its learning resources. The most recent highlight, however, is that the broker received an award for “Best Online Trading Platform for Multi-Asset Brokerage” at the Forex Traders Summit 2025, showing commitment to innovation and client service.

The 2024 platform updates improved functionality in mobile applications, and 2025 saw the expansion of educational programs aimed at empowering traders with market knowledge. The company is also scaling up its operations in emerging markets across Asia and Africa to facilitate trends occurring on a global scale in the growth of retail trading. Conclusion

Kanak Capital Markets is a versatile, internationally-oriented Forex broker based on a strong foundation in both Mauritius and Comoros. With its proprietary trading platform, wide range of instruments, and high leverage options, it offers the flexibility and variety that many traders are looking for. Still, prospective customers should consider the benefits in light of the broker regulatory status and mixed customer reviews, especially about transparency and withdrawal processes. Overall, Kanak Capital Markets has a competitive package for traders willing to navigate its unique regulatory landscape and leverage its educational resources.

Regulatory Licenses

Compliance & oversight

1 license
Comoros
MISATier 4
Comoros#T2022152
License Details
Type:Financial Service
License #:T2022152
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

4 methods
Bank Transfer (Wire Transfer)
Bank Transfer1 min
Deposit
Fee:Free
Min:USD 250
Max:N/A
Withdrawal
Fee:Free
Min:USD 250
Max:N/A
Large deposits or withdrawals may require additional verification. Processing time typically 1–5 business days for deposits and 3–7 business days for withdrawals. Supported currencies include USD, EUR, GBP, AED, and other major currencies subject to bank support.
Credit/Debit Cards
Credit CardInstant
Deposit
Fee:Free
Min:USD 250
Max:USD 10,000
Withdrawal
Fee:Free
Min:USD 250
Max:USD 10,000
Withdrawals must be made to the same card used for deposit. Some regions may have restrictions. Processing time is instant for deposits and 1–5 business days for withdrawals. Supported currencies: USD, EUR, GBP, AED.
E-Wallets (e.g., Skrill, Neteller, PayPal)
E-WalletInstant
Deposit
Fee:Free
Min:USD 250
Max:USD 10,000
Withdrawal
Fee:Free
Min:USD 250
Max:USD 10,000
Withdrawals must be made to the same e-wallet used for deposit. Some regions may have restrictions. Processing time is instant for deposits and 1–3 business days for withdrawals. Supported currencies: USD, EUR, GBP, AED.
Cryptocurrency (e.g., Bitcoin, Ethereum)
Cryptocurrency1 min
Deposit
Fee:Free
Min:USD 250
Max:N/A
Withdrawal
Fee:Free
Min:USD 250
Max:N/A
Withdrawals must be made to the same cryptocurrency wallet used for deposit. Processing time typically 1–2 hours depending on network congestion. Some regions may have restrictions.
4
Free Deposit
4
Instant
1
Crypto

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Kanak Capital Markets: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Kanak Capital Markets at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Kanak Capital Markets

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

2 sites
🌐
https://kanakcapitalmarkets.com
Unknown
Active
SSL
🌐
https://webtrader.kanakmarkets.com:82
Unknown
Active
SSL
2
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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