Kenanga

Ashraf20

1-2 years

Can I open a demo account with Kenanga Futures?

WikiFX Reply

Kenanga Futures does not offer a demo account for Forex or derivatives trading. The platform is tailored for institutional clients and professionals involved in the energy and commodity futures sectors. If you are looking for a demo account to practice Forex trading, Kenanga Futures will not be suitable. For someone like me, who values the opportunity to test strategies in a demo environment, this lack of a demo account is a downside.

Broker Issues

Kenanga

Instruments

Leverage

Account

Platform

08-18

United States

Solotim

1-2 years

What are the advantages of using Kenanga Futures?

WikiFX Reply

Kenanga Futures offers several advantages, particularly for those involved in derivatives trading. Their platform KDF TradeActive™ offers real-time access to energy markets, providing insights into commodity futures and market trends. For businesses or institutions in the energy sector, this platform offers a range of tools for efficient trading. Additionally, Kenanga Futures’ award-winning reputation in the Malaysian market and its Bursa Malaysia access make it a strong choice for derivatives traders. However, from my perspective, for anyone looking for Forex trading, Kenanga Futures is not suitable, as it doesn’t offer the tools necessary for financial markets.

Broker Issues

Kenanga

Regulation

07-29

United States

Rustam R

1-2 years

What types of trading instruments are available on Kenanga Futures?

WikiFX Reply

Kenanga Futures specializes in energy trading, commodity futures, and derivatives. Clients can access markets like Bursa Malaysia Derivatives (BMD), CME, and HKEX, where they can trade products such as gold, crude oil, and agricultural commodities. Forex and CFDs are not available on the platform. For someone like me, looking to trade Forex or CFDs, Kenanga Futures does not meet my needs, as it focuses on commodity futures and energy markets instead of financial instruments.

Broker Issues

Kenanga

Platform

Instruments

Leverage

Account

05-09

United States

LoukiaCharilaou

1-2 years

Which payment methods can I use for transactions on Kenanga Futures?

WikiFX Reply

The payment methods for Kenanga Futures are designed for business transactions related to derivatives trading and the energy sector. Retail Forex traders will not find common payment methods like credit cards or e-wallets for Forex trading. Since Kenanga Futures primarily caters to business clients, payments for energy trading or commodity futures would likely be processed through bank transfers. As a Forex trader, I would recommend seeking brokers with flexible payment methods suited for financial markets.

Broker Issues

Kenanga

Withdrawal

Deposit

04-25

United States