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KAB foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://kabkg.com, about the company's legal and temporary regulatory information, the company's address Al-Shuhada St, KUW-13127 - Kuwait.

KAB Forex Broker

Basic Information

Registered Region
Kuwait
Operating Period
--
Company Name
KAB Kuwait Group for Financial Brokerage Co.
Abbreviation
KAB
Company employee
--
Customer Service Email Address
info@kabkg.com
Contact Number
+96522911186
Company Website
Company address
Al-Shuhada St, KUW-13127 - Kuwait
Keywords
5-10 years
Suspicious Regulatory License
MT4 Full License
MT5 Full License
Global Business
High potential risk

Company profile

KABReview SummaryFounded2006-11-20Registered Country/RegionKuwaitRegulationUnregulatedMarket InstrumentsForex/Precious metals/Indices/Energy/U.S. Shares/UK shares/EU sharesDemo Account✅LeverageUp to 1:300SpreadAs low as 0.1 pipsTrading PlatformMT5(PC/Desktop/Web/Mobile)Min Deposit/Customer SupportEmail: info@kabkg.comEmail: cs@kabkg.comPhone Number: +965 22911186Phone Number: +971 04 29 67 593Facebook/Twitter/Instagram/LinkedInFax Number: +965 22911185KAB Information KAB is a brokerage company specializing in investment and financial services. The tradable instruments include forex, precious metals, indices, energy, U.S. Shares, UK shares, and EU shares. The broker also provides three real accounts with a maximum leverage of 1:300. The minimum spread is as low as 0.1 pips. KAB is still risky due to its unregulated status and users encounter withdrawal problems.Pros and ConsPros Cons Leverage up to 1:300Unregulated24/5 customer supportNo deposit and withdrawal informationMT5 availableNo fees informationSpread as low as 0.1 pipsDemo account availableVarious tradable instrumentsIs KAB Legit? KAB is not regulated, making it is not as safe as a regulated one, even though it claims to be controlled by the Kuwait Chamber of Commerce and IndustryWhat Can I Trade on KAB? KAB offers 300+ market instruments, including forex, precious metals, indices, energy, and shares(U.S. /UK/EU).Tradable Instruments Supported Forex✔Shares✔Indices✔Energy✔Precious Metals✔Stocks❌Commodities❌Cryptocurrencies❌ETFs❌Bonds❌Mutual Funds❌Account Type KAB has three account types: standard, elite, and corporate. ELITE and CORPORATE accounts are focused on large-volume traders. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.Account Type SupportedStandard✔Elite✔Corporate✔KAB Fees The spread is as low as 0.1 pips. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:300 meaning that profits and losses are magnified 300 times.Trading Platform KAB provides an authoritative MT5 trading platform available on desktop and mobile versions, the platform is also available on the web and can be accessed from any device. Traders with rich experience are more suitable for using MT5. MT5 provides various trading strategies and implements EA systems.Trading PlatformSupported Available Devices Suitable for MT5✔PC/Desktop/Web/MobileExperienced traders

Is KAB safe or scam

Rating Index

  

Kab Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Kab, officially known as Kab Strategy Limited, was established in 2002 and is headquartered in Larnaca, Cyprus. As a privately held company, Kab operates as part of the larger Kab International Holdings Ltd., which has a significant presence in Hong Kong and China. The broker primarily serves retail and institutional clients across diverse markets, including the Middle East, Europe, and Asia.

  Kab has developed a robust operational framework since its inception, marked by significant milestones such as obtaining regulatory licenses and expanding its service offerings. The company has a notable history of compliance with international financial regulations, which has helped it build a reputation in the trading community. The business model of Kab focuses on providing retail forex trading and institutional services, including access to various financial products.

  Kab broker provides a wide array of trading solutions tailored to meet the needs of both individual and institutional clients. This includes access to forex trading, CFDs, and various asset classes, positioning Kab as a versatile player in the financial markets.

  

2. Regulatory and Compliance Information

  Kab is regulated by the Cyprus Securities and Exchange Commission (CySEC), holding the registration number 058/05. This regulation allows Kab to operate across all EU member states under the Markets in Financial Instruments Directive (MiFID). Additionally, Kab is authorized to provide trading services in Kuwait, where it operates under the Kuwait Capital Markets Authority (CMA).

  The regulatory framework requires Kab to maintain a minimum capital of €730,000 and ensures that client funds are held in segregated accounts, separate from the company's operational funds. This segregation of client assets provides an added layer of security for traders. Kab is also a member of the Investor Compensation Fund (ICF), which offers compensation to eligible clients in the event of the broker's insolvency.

  Moreover, Kab adheres to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to ensure compliance with international financial regulations and to protect its clients from fraud and financial crimes.

  

3. Trading Products and Services

  Kab offers a diverse range of trading products, focusing primarily on forex currency pairs and CFDs. The broker provides access to over 47 forex pairs, including major, minor, and exotic currencies. Additionally, Kab facilitates trading in various CFD categories, including indices, commodities, stocks, and cryptocurrencies.

  Unique offerings from Kab include access to the Hong Kong Stock Exchange, allowing traders to invest directly in HK and China stocks. The broker frequently updates its product offerings, ensuring that clients have access to the latest financial instruments. Retail trading services are complemented by institutional services, catering to high-net-worth individuals and corporate clients seeking advanced trading solutions.

  Kab also offers portfolio management services, enabling clients to benefit from professional investment strategies tailored to their financial goals.

  

4. Trading Platforms and Technology

  Kab supports the popular MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and advanced trading features. The platform allows traders to access their accounts from various devices, including PCs, tablets, and smartphones, ensuring flexibility in trading.

  In addition to MT4, Kab provides a proprietary HK/China securities trading platform, designed for managing accounts and executing orders on the Hong Kong Stock Exchange. This platform is optimized for speed and performance, allowing traders to capitalize on market opportunities swiftly.

  Kab employs an ECN (Electronic Communication Network) execution model, providing traders with direct access to real-time pricing from over 60 global banks. This model enhances transparency and ensures competitive spreads, catering to the needs of professional traders.

  Furthermore, Kab supports API access for automated trading, allowing clients to implement algorithmic trading strategies effectively.

  

5. Account Types and Trading Conditions

  Kab offers several account types to accommodate different trading needs. The standard account requires a minimum deposit of $100, with variable spreads and commission structures. The broker also provides advanced account types, including VIP and professional accounts, which offer enhanced trading conditions and lower spreads.

  For clients adhering to Islamic finance principles, Kab offers Islamic accounts, which are swap-free and comply with Sharia law. Additionally, the broker provides a demo account for traders to practice and develop their strategies without financial risk.

  Leverage options at Kab vary, with a maximum leverage of 1:500 available for certain instruments. The minimum trade size is typically 0.01 lots, allowing for flexible trading strategies. Kab also has a clear policy on overnight fees, ensuring transparency in its cost structure.

  

6. Funding Management

  Kab supports various deposit methods, including bank transfers and UnionPay. The minimum deposit requirement varies by account type, but generally, it is set at $100. Deposits are processed quickly, typically within one business day, and Kab does not charge any fees for deposits.

  Withdrawal methods include bank transfers, and the processing time for withdrawals can take between 3 to 4 business days. Kab does not impose withdrawal fees; however, clients should be aware that their payment providers may charge additional fees.

  The broker maintains a transparent fee structure, allowing traders to understand their costs clearly. This transparency is vital for effective financial planning and risk management.

  

7. Customer Support and Educational Resources

  Kab provides customer support through various channels, including phone and email. The support team is available 24/5, and while the broker does not offer live chat, it ensures timely responses to client inquiries.

  The broker's website supports both English and Chinese, catering to a diverse client base. Although Kab does not offer extensive educational resources, it provides access to a demo account, allowing traders to familiarize themselves with the trading platform and strategies.

  Market analysis services are limited, with most analytical tools available through the MT4 platform. Traders seeking comprehensive educational materials may need to explore external resources to enhance their trading knowledge.

  

8. Regional Coverage and Restrictions

  Kab primarily serves clients in the Middle East, Europe, and Asia, leveraging its operational bases in Cyprus and Hong Kong. The broker has established regional offices to enhance its service delivery and client engagement.

  However, Kab does not accept clients from certain regions, including the United States, the United Kingdom, the Netherlands, and Singapore. This restriction is due to regulatory compliance and the broker's licensing agreements.

  In summary, Kab broker provides a comprehensive trading environment, supported by robust regulatory compliance, a diverse range of trading products, and advanced trading technology. The broker's commitment to client security and satisfaction positions it as a reliable choice for both retail and institutional traders.

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Latest Reviews

FX1254181453

FX1254181453

Argentina

My investment has vanished, I deposited $200 and the operations are completely fake. Everything is a farce, and besides, they only want me to invest to steal more and that by depositing everything is released. Please solve it

Exposure

2022-02-21

KAB Forex Broker has an overall rating of 2.17, Regulatory Index 0.00, License Index 0.00, Business Index 7.38, Software Index 8.08 Risk Control Index 0.00.