Score
Klips
Cyprus|5-10 years| https://klips.com/
Website
Rating Index
Contact
Single Core
1G
40G
1M*ADSL
Basic information
Cyprus
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Website
klips.com
Server Location
United States
Website Domain Name
klips.com
Server IP
172.67.75.82
Company Summary
| Klips Review Summary | |
| Founded | 2014 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC, FSCA |
| Market Instruments | Currencies, commodities, indices, shares |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | Klips app |
| Min Deposit | / |
| Customer Support | Contact form |
| Social media: X, Facebook, Instagram, YouTube, Linkedin | |
| Address: Chrysanthou Milona 1, Panagides Court, Floor 6, 3030, Limassol, Cyprus | |
| Regional Restrictions | USA, Iran, Canada, UK |
Klips, established in 2014 and headquartered in Cyprus, is a regulated financial services provider. It offers diverse tradable instruments such as currencies, commodities, indices, and shares with its mobile application. However, the company faces limitations in providing detailed information on accounts and trading conditions.
Pros and Cons
| Pros | Cons |
| Regulated by CySEC and FSCA | Limited info on trading conditions |
| A wide range of trading products | No MT4/5 |
| Demo accounts available | Limited payment options |
| No commissions | Regional restrictions |
Is Klips Legit?
Yes, Klips is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA).
| Regulated Country | Current status | Regulated Authority | Regulated Entity | License Type | License Number |
 | Regulated | The Cyprus Securities and Exchange Commission (CySEC) | Klips CY Ltd | Market Making (MM) | 434/23 |
 | Regulated | The Financial Sector Conduct Authority (FSCA) | KLIPS SA (PTY) LTD | Retail Forex License | 47742 |
What Can I Trade on Klips?
On Klips, you can trade with currencies, commodities, indices, and shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Spread and Commission
Klips does not impose any commission fees, which is advantageous. Nevertheless, there is a scarcity of details regarding other trading conditions.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Klips app | ✔ | App Store, Google Play, AppGallery | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
You have the option to top up your Klips account with fiat currency using your credit card. Alternatively, you can select a different payment method from the options provided once you click on the “Deposit” button.
Keywords
- 5-10 years
- Regulated in Cyprus
- Regulated in South Africa
- Market Making(MM)
- Retail Forex License
- Suspicious Scope of Business
- Medium potential risk
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