Klips is a financial services company headquartered in Cyprus, specializing in offering a diverse range of trading options, including complex financial instruments like Contracts for Difference (CFDs). Klips aims to help users manage their financial lives through technology and user-friendly platforms.
Company Registration and Regulatory Information
Klips is registered in Cyprus under the entity name Klips CY LTD, with a registration number of HE 431041, and it operates as a private limited company. Founded on February 11, 2022, the company is currently active with its office located in Limassol, Cyprus. Klips CY LTD is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 421/23, and it complies with the European Union's Markets in Financial Instruments Directive (MiFID II). Furthermore, the company is authorized to provide services only to clients residing in the European Economic Area (EEA) or in countries where the company holds legal permissions and does not offer CFDs to residents of certain jurisdictions, including but not limited to the United States, Iran, Canada, and the United Kingdom, where such investment products are prohibited by local regulations.
Range of Trading Products
Klips offers more than 600 trading instruments, including stocks, currency pairs, indices, and commodities. Users can trade stocks from major global markets such as Deutsche Bank, Adidas, Amazon, and Apple. Currency pair trading includes major pairs like EUR/USD, USD/CHF, and USD/JPY. In terms of indices, Klips supports trading in the US 100, Germany 40, and South Africa Index, among others. Commodity trading includes gold, silver, crude oil, platinum, and more.
Account Opening Process
Opening an account with Klips involves three steps:
- Register an account: Provide a valid email address and set a password.
- Deposit funds: Deposit trading funds via bank transfer or credit card.
- Start trading: Trade over 600 assets on the platform.
Trading Account Information
Klips offers various types of trading accounts to meet the needs of different investors. All accounts enjoy the following services:
- Fund security: User funds are stored in segregated accounts.
- Fast execution: Quick order execution speed.
- Zero commissions: Commission-free trading.
Additionally, Klips provides free demo accounts, allowing users to familiarize themselves with the platform and trading strategies.
Trading Platform Information
Klips' trading platform supports multi-device access, including desktop, mobile, and web versions. Key features of the platform include:
- Signals and Alerts: Real-time trading signals and market alerts.
- Educational Resources: Klips Academy offers educational resources including video tutorials, articles, and online seminars.
- Technical Analysis Tools: The platform has built-in technical analysis tools to support market analysis.
Deposit and Withdrawal Methods
Klips supports multiple deposit and withdrawal methods, mainly including:
- Bank Transfer: Suitable for large transactions, processed within 1-3 business days.
- Credit/Debit Cards: Supports Visa and MasterCard, deposits are instant, and withdrawals take 1-2 business days.
- E-Wallets: Includes Skrill and Neteller for fast transactions.
Customer Support
Klips provides online chat, email, and phone support. The FAQ section covers common issues such as account opening, verification, and deposit/withdrawal processes, enabling users to quickly resolve their queries.
Conclusion
Klips is a regulated financial service provider offering a variety of trading products, a user-friendly trading platform, and customer support. Its services cater to different types of traders, providing multiple options and support for related financial services.
Currently, this broker is marked as "Active" on Traderknows.