KCM Trade Review Summary in 10 PointsFounded2016Registered Country/RegionMauritiusRegulationASICMarket InstrumentsForex, Precious Metals, Energy CFDs, Indices, Stock CFDS (Shares)Demo AccountAvailableLeverage1:400Spread1.2 pips ( MT5 Low Spread Account)1.6 pips ( MT4 Standard Account )Trading PlatformsMT4/MT5Minimum Deposit$1,000Customer SupportLive chat, WhatsApp, Phone , EmailWhat is KCM? KCM Trade, a trademark of Kohle Capital Markets Limited, is a trading firm that provides online brokerage services including forex, metals, energies, indices, and Stock CFDS (Shares). The firm operates with low spreads, fast order execution, and multi-level market depth. Additionally, KCM Trade allows traders to use a variety of trading strategies, including hedging and Expert Advisors (EAs).Pros & ConsProsConsRegulated by ASICLimited product offering (200+ mainstream CFD products)ECN customers offered up to five levels of market depthLimited educational resourcesMT4 and MT5 availableNo 24/7 customer supportNo social trading featuresNo mobile trading appIs KCM Trade Legit? Based on the information available, KCM Trade appears to be a reliable and trustworthy broker. It holds Australia Securities & Investment Commission (ASIC, No. 489437) license and has received positive reviews from many customers. However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.Market Instruments The Market Instruments of KCM Trade include Forex, Precious Metals, Energy CFDs, Indices, Stock CFDS (Shares). For Forex, it can trade 40+ foreign exchange currency pairs on the global financial market and it supports ultra-low spreads and fast order execution. For Precious Metals, it trades precious metals like gold and silver provides multiple trading opportunities daily. It benefits from low spreads and fast order execution. For Energy CFDs, the high volatility of petroleum products provides a great range of price fluctuations. Register now and trade the world's lead commodities. And Trade Brent crude oil and WTI crude oil to make your trading portfolio more diversified. For Indices, the CFD products of global stock market indices in America, Europe, and Asia. The rise or fall of an index is usually closely linked to the country's economic performance. For Stock / Shares CFD, buy and sell, it is your choice. And investment products cover technology, energy, medical and other international companies.Account TypesMT5 Low Spread Account (Recommended for Individual Traders) Provides Lower spread for its newer technology, deep market depth, a stable quotes and connectivity globally allows a reliable trading environment for investors looking to ramp up their trading.Trading FeaturesDetailsEUR / USD has the Lowest Spreads1.2 pipsExecution TypeSTPLeverageUp to 1:400Minimum Order0.01 lotNegative Balance ProtectionYesTrading PlatformMT5Available PlatformsWeb, Desktop, Mobile, TabletDepth of Market5 LevelsSetup FeeFreeMinimum Deposit$500Deposit/Withdrawal FeeNoneForce Close Margin Levels50%MT4 Standard Account (Top Picks for Individual Traders) The MT4 standard account is the most popular account type among investors. Its ease of use allows investors to enjoy institutional levels of trading.Trading FeaturesDetailsEUR / USD has the Lowest Spreads1.6 pipsExecution TypeSTPLeverageUp to 1:400Minimal Order0.01 lotNegative Balance ProtectionYesTrading PlatformMT4Available PlatformsWeb, Desktop, Mobile, TabletDepth of Market5 LevelsSetup FeeFreeMinimum Deposit$1,000Deposit/Withdrawal FeeNoneForce Close Margin Level50%Leverage KCM Trade offers leverage of up to 1:400, which is a relatively high leverage level in the forex trading industry. Leverage is a feature that allows traders to control positions that are larger than their account balance, enabling them to potentially magnify gains with a smaller initial investment. While higher leverage can be desirable for some traders, it is important to keep in mind that it also means increased risk. Higher leverage magnifies potential losses as well, and traders can quickly lose more than their initial investment if they are not careful with risk management. The use of leverage requires a good understanding of the market and trading strategies to avoid significant losses, especially in volatile market conditions.Spreads & Commissions KCM Trade offers two types of trading accounts, MT5 Low spread Account and MT4 Standard Account. The MT5 Low Spread Account boasts spreads 1.2 pips on the EUR/USD. Besides, the MT4 Standard Account offers spreads on the EUR/USD, starting from 1.6 pips. In terms of commissions, KCM Trade does not provide detailed information on this front. It is possible that the company charges commissions on certain types of trading accounts or for certain assets, so traders should be sure to confirm any potential fees with KCM Trade.Trading Platforms KCM Trade offers both MT4 and MT5.MT4 You can register through WEB, desktop, mobile and tablet. MT4 (MetaTrader 4) is a popular electronic trading platform that is widely used by forex traders around the world. It was developed by MetaQuotes Software and has been in existence since 2005. MT4 provides traders with access to a range of critical features, including real-time market data, advanced charting tools, and the ability to execute trades in real-time. MT4 also offers algorithmic trading through custom indicators and expert advisors.MT5 You can register through WEB, desktop, mobile and tablet. MT5 (MetaTrader 5) is a forex and CFD trading platform developed by MetaQuotes Software, following the success of its predecessor, MT4. Its release in 2010 was intended to improve upon the trading experience offered by MT4 and provide additional features and greater flexibility.Deposits & Withdrawals KCM Trade accepts deposits via multiple payment methods including VISA, Mastercard, UnionPay, AMERICAN EXPRESS, PayPal and THAI QR PAYMENT. The minimum deposit requirement depends on the payment method chosen, with bank wire transfers requiring a minimum deposit of $500, while credit/debit card and e-wallet deposits have a minimum requirement of $250. Additionally, there may be deposit fees charged by the payment provider. Processing times for deposits and withdrawals at KCM Trade vary depending on the payment method used. Bank wire transfers can take up to 7 business days for processing, while credit/debit card and e-wallet withdrawals are typically completed within 1 to 3 business days.Customer Service KCM Trade accepts many customer services such as live chat, WhatsApp, phone（+230 5297 0961), email (CS@kcmtrade.com ), and social media such as Facebook, YouTube and LinkedIn.