Company Profile
Company Profile
Review summary
| Kanak Capital Markets Review Summary | |
| Founded | 2012 |
| Registered Region | Comoros (no recognized financial regulation) |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Indices, CFDs, Stocks |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platforms | Kanak Capital Markets Platform, MetaTrader 5 (MT5) |
| Minimum Deposit | $2,500 |
| Customer Support | Call: 80006512002 |
| Email: info@kanakmarkets.com | |
Kanak Capital Markets Information
Kanak Capital Markets was created in 2012 and is based in Comoros. It doesn't have any recognized financial rules. Using both its own platform and MetaTrader 5, it offers a variety of CFD trading services for currency, commodities, indices, and stocks. It has demo and swap-free accounts, but the fact that it isn't regulated creates a lot of risk worries.
Pros and Cons
| Pros | Cons |
| Wide range of tradable instruments | No regulation |
| Offers both demo accounts and swap-free (Islamic) accounts | High minimum deposit ($2,500 for the lowest-tier Silver account) |
| Supports MetaTrader 5 and proprietary platform | Unclear fee structure |
Is Kanak Capital Markets Legit?
Kanak Capital Markets is not a regulated broker. It says it is registered in the Comoros, although this area does not have a recognized financial regulation that oversees forex or brokerage services.
Whois data show that the domain kanakmarkets.com was registered on January 25, 2022, last updated on October 4, 2022, and will expire on January 25, 2027. It is now “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited.”
What Can I Trade on Kanak Capital Markets?
Kanak Capital Markets offers CFD trading across multiple asset classes, including forex, indices, energy, stocks, and other commodities.
| Tradable Instrument | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Kanak Capital Markets has three types of live trading accounts: Silver, Gold, and Platinum. They also have demo accounts for practice and swap-free (Islamic) accounts for traders who need circumstances that follow Sharia law. Silver is good for smaller traders, Gold offers personalized help, and Platinum is for more experienced traders with a lot of money.
| Account Type | Minimum Deposit | Stop Out | Personal Account Manager | Suitable for |
| Silver | $2,500 | 30% | ❌ | New or small-scale traders |
| Gold | $5,000 | ✔ | Intermediate traders seeking support | |
| Platinum | $50,000 | ✔ | Advanced, high-capital traders |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Kanak Capital Markets Platform | ✔ | Web, likely desktop & mobile | / |
| MetaTrader 5 (MT5) | ✔ | Windows, macOS, iOS, Android | Experienced traders |
| MetaTrader 4 (MT4) | ❌ | — | Beginners |
Deposit and Withdrawal
Kanak Capital Markets doesn't charge its own fees for deposits or withdrawals, although banks may impose fees for transferring money or exchanging currencies. The minimum deposit amount varies by account type. Silver account $2,500, Gold account $5,000, and Platinum account $50,000.
| Payment Method | Minimum Deposit | Fees | Processing Time |
| Bank Transfer | $2,500 | Free from Kanak; bank fees may apply | Not mentioned; depends on bank |
