
MetaTrader 4
MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.
Runs on
- Windows
- Mac
- Web
- Android
- iOS

Wikilix independent safety report
Yes. We assess KlasFX (Klas Trading Ltd) as a scam: an unlicensed offshore operation that Turkey's Capital Markets Board has ordered blocked, that falsely presents itself as licensed, and whose clien…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
What Wikilix has recorded about KLASFX: its history, the licences it holds, its trading conditions and its fees.
Introduction to KLASFX
As a broker, KLASFX has been established to support traders, as well as to provide services for traders. The financial industry is also rapidly changing and evolving, and a broker such as KLASFX is focused on creating tools and services that will allow traders to trade more effectively.
In this article I will provide an overview of the history of KLASFX, the major offerings of KLASFX, the types of licenses that KLASFX holds, and the overall experience that users can expect from using KLASFX's services.
History of KLASFX
Trading and investing in stocks has been a part of KLASFX since their inception. KLASFX's customers have access to over 100,000 different types of investments including stocks and mutual funds on world trading exchanges such as Apple, Intel, Facebook, Amazon, Coca-Cola, Google, etc. However, as KLASFX operates as an unregulated broker, KLASFX is subject to risk as such.
Offers and Features of KLASFX
In addition to a wide variety of trading services available, the vast majority of brokers in the KLASFX sector typically offer Forex, commodities, indices, and possibly cryptocurrencies as part of their offerings. They also generally provide various account types and a number of different platforms to support the various different ways traders seek to trade.
Furthermore, brokers, such as KLASFX, generally offer user friendly, easy to navigate trading platforms, educational resources for traders toKLASFX may offer additional features that could enhance their ability to effectively compete in the financial services industry. A few examples of these features include: a wide variety of offerings (including forex, precious metals, and commodities), several trading platforms (including web and mobile), competitive margins and spreads, flexible margin and account sizes, and access to trading signals and automated trading. As such, it is a good idea for potential clients of KLASFX to conduct further investigation into their product offerings prior to selecting a broker.
The second topic to consider in evaluating potential KLASFX clients is understanding the broker's regulatory compliance and licensing status. All brokers are subject to regulatory oversight and therefore it is important to know what the broker's regulatory status is; however, to date, I was unable to locate any information regarding KLASFX's regulatory licensing. Thus, it is necessary for potential clients of KLASFX to have complete understanding of the broker's regulatory compliance and licensing status in order to ensure they are making an informed decision when selecting a broker to utilize.
To summarise, KLASFX does not currently provide any indication of their regulatory licensing status on their website; thus, it is imperative that potential clients of KLASFX perform their own independent research into KLASFX's regulatory compliance and licensing status and make sure to look under "Contact Us" for additional information. There will be a table below showing what I have found regarding KLASFX's licensing status.
Regulatory Body: Limited information available.
License Number: Not known.
Next, we will move onto the third area to evaluate for KLASFX, in terms of trading conditions and technology used by KLASFX. For all traders, the trading conditions and technologies will be one of the major components when evaluating a broker's offering.
KLASFX has limited trading conditions as they do not disclose their specific spread, leverage, minimum deposit, or the trading technology that they are utilizing. In order to summarize some of the more common types of trading conditions and technologies associated with brokers in the financial services sector, I have created the following table. Again, since KLASFX has not provided any detailed information on their trading conditions or trading technology, this table can be utilized as a reference point for KLASFX's trading conditions and technologies.
Common Trading Conditions Offered by Brokers in the Financial Services Sector
• Spreads – KLASFX does not disclose this information
• Leverage – KLASFX does not disclose this information
• Minimum Deposit – KLASFX does not disclose this information
• Trading Technology – KLASFX does not disclose this information
Typically, brokers provided in this sector provide clients the ability to trade through well-established and dependable trading platforms such as MetaTrader 4, or MetaTrader 5, however, at this point it has not been determined whether KLASFX utilizes any of these platforms.
Lastly, for the purpose of assessing the fourth and final category, I have created the following fee structure...
For KLASFX's Fees
• Deposit Fees — KLASFX does not disclose this information
• Withdrawal Fees — KLASFX does not disclose this information
• Commission — KLASFX does not disclose this information
• Spread — KLASFX does not disclose this information
A major indicator of the broker's professionalism, trustworthiness, and level of client service is how well the broker responds to questions and provides the necessary support. Due to the limited reviews available about KLASFX and how satisfied clients of KLASFX are, it is difficult for me to make a comprehensive claim about how satisfied clients of KLASFX are. I would recommend that any potential clients of KLASFX seek out third-party reviews and client feedback, along with testing the broker's services with demo accounts or small initial deposits to minimize any potential financial loss due to the lack of public research regarding KLASFX.
We have not confirmed any regulation for KLASFX. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
We have not confirmed any regulation for KLASFX. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
3 account types on record. Leverage up to 1:500.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| Standard | Not recorded | 1:500 | Not specified |
| VIP | Not recorded | 1:500 | Not specified |
| EliteVIP | Not recorded | 1:500 | No commission on all products |
8 ways to fund an account. 3 with no deposit fee. One credits instantly. The costliest way in is Visa and MasterCard at 5%.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Visa and MasterCardCredit CardSome card issuers may charge additional fees; clients should verify with their card issuer. Available globally, subject to card issuer approval. | 5% | Free | USD 10 | USD 10USD 50,000 | 4 days |
Bank TransferBank TransferInternational transfers may incur additional fees; clients should consult their bank for details. Available internationally, subject to bank processing times. | Free | Free | USD 100 | USD 100USD 50,000 | 4 days |
SkrillE-WalletClients should verify if additional fees apply when withdrawing from Skrill to their bank account. Available in multiple countries; check Skrill's website for specific country support. | 2.9% | 2.9% | USD 10 | USD 10USD 50,000 | 24 hours |
NetellerE-WalletClients should verify if additional fees apply when withdrawing from Neteller to their bank account. Available in multiple countries; check Neteller's website for specific country support. | 2.9% | 2.9% | USD 10 | USD 10USD 50,000 | 24 hours |
CryptocurrencyCryptocurrencyClients should verify if additional fees apply when withdrawing from cryptocurrency wallets to their bank account. Available in multiple countries; check KLASFX's website for specific country support. | Free | Free | USD 10 | USD 10USD 50,000 | Instant |
Debit CardDebit CardSome debit card issuers may charge additional fees; clients should verify with their card issuer. Available globally, subject to card issuer approval. | 5% | Free | USD 10 | USD 10USD 50,000 | 4 days |
Wire TransferWire TransferInternational wire transfers may incur additional fees; clients should consult their bank for details. Available internationally, subject to bank processing times. | Free | Free | USD 100 | USD 100USD 50,000 | 4 days |
Other Payment MethodsOtherClients should verify specific details with the broker. Subject to availability in the client's region. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | hour |
One trading platform on record: MetaTrader 4.

MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.
4 domains on record. All active and served over HTTPS.
KLASFX names Klas Trading Ltd. as the operating company. We could not confirm that registration on the registry.
3 other brokers on the record share what KLASFX offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about KLASFX
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