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Rating Index
Pros
Competitive spreads starting from 1.2 pips with no additional trading commissions.
High leverage options of up to 1:400, allowing for increased profit potential.
Access to popular trading platforms, MetaTrader 4 and MetaTrader 5, with fast order execution speeds.
Cons
Minimum deposit requirement of $1,000, which may be high for beginner traders.
Limited educational resources and training materials available for new traders.
Customer support is not available on weekends, potentially leaving traders without assistance during critical times.
KCM Trade Limited broker Accounts
KCM Trade Limited Account Type
KCM Trade Limited offers two main types of trading accounts: STP Accounts and ECN Accounts.
- STP Accounts:
- Minimum Deposit: $1,000 USD
- Recommended For: Beginner and intermediate traders
- Features: Low deposit requirement, flexibility to explore various trading styles, spreads starting from 1.6 pips.
- ECN Accounts:
- Minimum Deposit: $500 USD
- Recommended For: Experienced traders
- Features: Specialized trading conditions, lower spreads starting from 1.2 pips, and greater control over order execution.
- Access the Sign-Up Section:
- Visit the official KCM Trade website and click on the "Open an Account" button.
- Submit Your Basic Details:
- Fill in the required information, including:
- Full Name
- Mobile Number
- Email Address
- Select either "KCM Trade MT4" or "KCM Trade MT5".
- Create a login password and request a verification PIN.
- Verify Your Email and Access the Dashboard:
- Check your email for a PIN code from KCM Trade.
- Enter the PIN in the registration form to complete the process and gain access to your trading dashboard.
Both account types offer leverage of up to 1:400 and support a minimum trade volume of 0.01 lots. Traders can choose between the popular trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
KCM Trade Broker Account Opening Process
Opening an account with KCM Trade involves a straightforward 3-step process:
The entire registration process typically takes around 5 to 7 minutes, after which you can begin trading.
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