JKV Global Markets Ltd., founded in 2020, is a brokerage firm registered in Mauritius. The company operates primarily in the financial services sector, providing trading opportunities to a diverse clientele, including retail and institutional traders. JKV Global has established itself as a notable player in the forex and CFD trading markets, thanks to its competitive trading conditions and a user-friendly trading platform.
The company has its headquarters located at Level 6, Ken Lee Building, 20 Edith Cavell St., Port Louis, Mauritius, with an additional office in Dubai, UAE. As a private entity, JKV Global has garnered a loyal customer base, driven by its commitment to delivering a seamless trading experience.
Since its inception, JKV has achieved several milestones, including the introduction of various trading products and the launch of its proprietary trading platform, MetaTrader 5 (MT5). The firm primarily focuses on retail forex trading, offering a range of financial instruments to its clients.
The business model of JKV Global revolves around retail forex and CFD trading, catering to both novice and experienced traders. The firm aims to provide a transparent trading environment with no hidden fees, ensuring that clients can trade with confidence.
JKV Global is regulated by the Financial Services Commission (FSC) in Mauritius, operating under the license number GB23201820. However, it is important to note that the regulatory framework in Mauritius is considered offshore, which may not provide the same level of investor protection as stricter regulatory jurisdictions.
The firm adheres to basic compliance measures, including Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols to ensure the security of client funds and the integrity of its operations. Client funds are kept in segregated accounts, providing an additional layer of security.
Investors should be aware that JKV Global does not participate in any investor compensation schemes, which means that in the event of insolvency, clients may not have recourse to recover their funds. This lack of an investor compensation fund is a significant risk factor for potential clients.
JKV Global offers a diverse range of trading products, including over 40 currency pairs and various CFDs on assets such as stocks, indices, metals, commodities, and cryptocurrencies. The broker provides access to popular financial instruments, allowing traders to implement different strategies based on their market outlook.
The firm continuously updates its product offerings, responding to market demand and ensuring that clients have access to the latest trading opportunities. Retail clients benefit from a robust trading service, while institutional clients can explore tailored solutions.
While JKV Global does not currently offer passive income options such as copy trading or PAMM accounts, it does provide a free demo account for new traders to familiarize themselves with the platform and trading strategies without financial risk.
JKV Global exclusively utilizes the MetaTrader 5 (MT5) trading platform, known for its advanced features and user-friendly interface. The platform supports various trading styles, including scalping and automated trading through Expert Advisors (EAs).
The MT5 platform is available in multiple formats, including desktop, web, and mobile applications for both iOS and Android devices. This flexibility allows traders to access their accounts and trade from anywhere, enhancing the overall trading experience.
The broker employs a market execution model, ensuring that trades are executed quickly with minimal slippage. The servers are strategically located to facilitate fast order execution, with average execution times around 20 milliseconds. JKV Global also provides API access for traders interested in automated trading solutions.
JKV Global offers several account types to cater to different trading needs:
The broker allows leverage of up to 1:500, providing traders with the ability to amplify their trading positions. The minimum trade size is 0.01 lots, accommodating both small and large traders.
Additionally, JKV Global provides a demo account for 30 days, allowing potential clients to practice trading without any financial commitment. However, the broker does not offer overnight financing options, which may be a consideration for some traders.
JKV Global supports a limited range of deposit methods, primarily focusing on bank transfers. The minimum deposit requirement for trading accounts varies based on the account type, with the standard account requiring $1,000.
Deposits are processed relatively quickly, typically within 2-3 business days, and there are no fees associated with deposits. However, clients should be aware of potential fees from their banks.
Withdrawal methods are also limited, with bank transfers being the sole option available. The withdrawal processing time is similar to that of deposits, taking about 2-3 days on average. Importantly, JKV Global does not charge withdrawal fees, although clients should check with their banks for any applicable transaction fees.
JKV Global offers customer support via multiple channels, including phone, email, and online chat. The support team is available 24/7, providing assistance in several languages to cater to its diverse clientele.
While the broker provides some educational resources, such as a basic guide on forex trading, the offerings are relatively limited compared to other brokers. Traders may need to seek additional educational materials from external sources to enhance their trading knowledge.
Market analysis services are available, including daily updates and research reports, which can assist traders in making informed decisions. However, the overall educational support provided by JKV Global may not be sufficient for novice traders looking for comprehensive training.
JKV Global primarily serves clients in regions where it is legally allowed to operate. The broker has offices in Mauritius and Dubai, focusing on these markets for its operations.
However, JKV Global does not accept clients from certain jurisdictions, including the United States, Cuba, Iraq, Myanmar, North Korea, and Sudan. This restriction is essential for potential clients to consider before attempting to open an account with the broker.
In conclusion, JKV Global presents a mixed bag of offerings for traders, with a focus on forex and CFD trading. While the broker provides competitive trading conditions and a reputable trading platform, potential clients should carefully consider the regulatory environment and the associated risks before engaging with this broker.
Shahid Ali Khan473
United Arab Emirates
JKV is one of the top STP brokers in the UAE, and I can vouch for this based on my experience of trading with them for the past year. I haven't encountered any delays in funds, and their customer support is exceptional.
Positive
2024-11-11
Abraham Ozler
United Arab Emirates
I feel very confident with JKV , Because their dedication , support , reliability and fastest operations. I am Highly recommending JKV .
Positive
2024-11-07
Dead Boy
United Arab Emirates
I got Training and education from JKV team before starting with them . Still I am getting daily market analysis , price actions and other financial tips &news . Their dedicated relationship manager became my best Buddy !!!👬
Positive
07-10