KD Lite Option ltd has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My card was charged twice by KD Lite Option ltd on the same day. I had to dispute it with my bank. KD Lite Option ltd then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Wide product range|Good mobile app|Easy withdrawals|Excellent charting
Cons: None so far|Charting tools need more indicators
After spending for about five months trying to make KD Lite Option ltd work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Demo account available|Easy to use platform
Cons: Spreads widen during volatile periods
Do not believe the bonus offer from KD Lite Option ltd. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after reading several online reviews and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Excellent charting|Good analytical tools|Risk management tools|Market news feed
Cons: Minimum deposit could be lower|Limited social trading features