1. Broker Overview
Kubera Capital Markets Ltd, established in 2023, is a trading platform based in Labuan, Malaysia. The company operates as a private entity and aims to provide trading services to a diverse clientele, primarily focusing on retail traders interested in forex, commodities, and other financial instruments. The firm's registered office is located at Suite No. 3, Unit Level 9 (E), Main Office Tower, Financial Park Complex, Jalan Merdeka, 87000 Federal Territory of Labuan, Malaysia.
Since its inception, Kubera Capital Markets Ltd has sought to cater to a wide range of traders by offering various account types and trading options. However, it has faced significant scrutiny regarding its regulatory status and operational transparency. The broker's business model primarily revolves around providing retail forex trading services, alongside CFDs on commodities, indices, and other assets.
As a relatively new player in the market, Kubera Capital Markets Ltd has encountered challenges in establishing a robust reputation, particularly concerning its compliance with regulatory standards. The firm has been labeled as a suspicious clone, raising concerns about its legitimacy and operational practices. Potential clients are advised to conduct thorough research before engaging with the Kubera Capital Markets Ltd broker.
Kubera Capital Markets Ltd operates without regulation from any recognized financial authority, including the Labuan Financial Services Authority (LFSA). The absence of regulatory oversight is a significant concern for potential investors, as it raises questions about the safety of client funds and the overall integrity of the broker.
- Regulatory Status: Unregulated
- Regulatory License Number: Not applicable due to unregulated status
- License Validity and Scope: No valid license
- Legal Entities in Different Regions: Kubera Capital Markets Ltd is registered in Labuan, Malaysia, but has no other recognized legal entities in other jurisdictions.
- Client Fund Segregation Policy: Details regarding the segregation of client funds are not provided, which is a critical aspect of operational transparency.
- Investor Compensation Fund Participation: Not applicable, as the broker is not regulated.
- KYC and AML Compliance Measures: Specific compliance measures have not been disclosed, raising concerns about the broker's adherence to standard industry practices.
The lack of regulatory oversight and transparency regarding compliance measures makes engaging with the Kubera Capital Markets Ltd broker a risky endeavor for potential investors.
3. Trading Products and Services
Kubera Capital Markets Ltd offers a range of trading products, primarily focusing on forex and CFDs. The broker provides access to various markets, including:
- Forex Pairs: The platform offers a selection of currency pairs, although the exact number is not specified.
- CFD Products: Clients can trade CFDs on indices, commodities, stocks, and cryptocurrencies, providing a diverse trading experience.
- Unique Products: Specific unique trading products or features have not been highlighted in available resources.
- Product Update Frequency: Information regarding the frequency of product updates or the introduction of new trading instruments is not disclosed.
- Retail Trading Services: The broker provides retail trading services, catering to individual traders looking to access global markets.
- Institutional Client Services: There is no clear information regarding services tailored for institutional clients.
- White Label Solutions: The availability of white-label solutions has not been mentioned in the available resources.
- Asset Management Services: No specific asset management services are offered by Kubera Capital Markets Ltd.
The limited information regarding the range of available trading products and services suggests that potential clients should exercise caution and seek additional details before committing to the Kubera Capital Markets Ltd broker.
Kubera Capital Markets Ltd supports popular trading platforms to enhance the trading experience for its clients:
- MetaTrader 4/5 Support: The broker offers trading through MetaTrader 5, a widely used platform among forex traders.
- Proprietary Platform Details: There are no indications that Kubera Capital Markets Ltd has developed a proprietary trading platform.
- Web-Based Trading Platform: The broker provides a web trader for convenient access to trading services.
- Mobile Application: Information regarding mobile application support for iOS or Android devices is not available.
- Execution Models: The broker's execution model is not clearly defined, but it is suggested to operate under an STP (Straight Through Processing) model.
- Server Locations and Technical Infrastructure: Specific details about server locations and technical infrastructure have not been disclosed.
- API Access and Automated Trading Support: There is no information available about API access or support for automated trading.
The lack of comprehensive details regarding the trading platforms and technology used by Kubera Capital Markets Ltd raises concerns about the broker's capability to provide a robust trading environment.
5. Account Types and Trading Conditions
Kubera Capital Markets Ltd offers several account types designed to meet the needs of different traders:
- Standard Account Conditions: The broker's standard account requirements, including minimum deposit, spreads, and commissions, are not clearly stated.
- Advanced Account Types: The broker provides various account options, including Kubera Micro, Elite, and VIP, but specific details about each account type are lacking.
- Special Accounts: Information regarding the availability of Islamic accounts or corporate accounts is not provided.
- Demo Account Policy: There is no mention of a demo account policy or availability for potential clients to practice trading.
- Leverage Ratios: The leverage ratios available for different products have not been disclosed.
- Minimum Trade Sizes: Details regarding the minimum trade sizes for various instruments are not specified.
- Overnight Fees Policy: Information about overnight fees or swap rates is not available.
The absence of detailed information regarding account types and trading conditions raises concerns about the transparency of the Kubera Capital Markets Ltd broker.
6. Fund Management
Kubera Capital Markets Ltd supports various deposit and withdrawal methods, although specific details are limited:
- Supported Deposit Methods: The broker accepts deposits through bank transfers, credit cards, and electronic wallets, but specific providers are not mentioned.
- Minimum Deposit Requirements: Minimum deposit requirements vary by account type, but exact figures are not provided.
- Deposit Processing Times: Information regarding deposit processing times is not available.
- Deposit Fees: There are no details on whether deposit fees apply.
- Withdrawal Methods and Restrictions: The broker's withdrawal methods and any applicable restrictions are not specified.
- Withdrawal Processing Times: Specific withdrawal processing times have not been disclosed.
- Withdrawal Fee Structure: Information regarding withdrawal fees is not available.
The lack of transparency regarding fund management practices raises concerns for potential clients considering the Kubera Capital Markets Ltd broker.
7. Customer Support and Educational Resources
Kubera Capital Markets Ltd offers various customer support channels:
- Support Channels: Clients can reach out via email, online chat, and through a contact form on the website.
- Service Hours and Time Zone Coverage: Specific service hours and time zone coverage are not mentioned.
- Multilingual Support: The languages supported by the customer service team have not been disclosed.
- Educational Resources: There is limited information regarding the availability of educational resources such as webinars, tutorials, or e-books.
- Market Analysis Services: The broker does not provide daily analysis, news, or research reports.
- Trading Tools: Specific trading tools such as calculators, calendars, or signal services are not mentioned.
The lack of comprehensive customer support and educational resources raises concerns about the overall service quality provided by the Kubera Capital Markets Ltd broker.
8. Regional Coverage and Restrictions
Kubera Capital Markets Ltd primarily serves clients in specific regions:
- Main Markets Served: The broker caters to clients in various regions, but specific details are not provided.
- Regional Office Distribution: There is no information available about regional offices or physical locations outside of Labuan, Malaysia.
- Countries/Regions Not Accepted: The broker does not accept clients from the USA, Canada, North Korea, Iran, and several other countries, but a complete list is not specified.
- Special Restrictions: Specific restrictions or limitations on trading activities in certain regions have not been disclosed.
The lack of clarity regarding regional coverage and restrictions may pose challenges for potential clients considering the Kubera Capital Markets Ltd broker.
In conclusion, while Kubera Capital Markets Ltd offers a range of trading services, the broker's unregulated status, lack of transparency, and limited information on key aspects raise significant concerns for potential investors. It is crucial for traders to conduct thorough research and consider alternative, more established brokers before engaging with the Kubera Capital Markets Ltd broker.
Thomas Petit
Egypt
✌✌✌Super love their social trading feature! It's been awesome following the trades of other peeps and making some profits myself. Plus, they offer a VPS which keeps things runnin' smooth, no lag or anything. And let's not forget their customer service - they're always there to help, another big plus.
Positive
2024-06-28