Kumo Markets Forex Broker

Kumo Markets Review SummaryFounded2020Registered Country/RegionSaint Vincent and the GrenadinesRegulationNo RegulationMarket Instruments24 cryptocurrencies, 65 currency pairs, Commodities, IndicesDemo Account❌LeverageUp to 1:500EUR/USD Spread1.8 pip (STP Standard)Trading PlatformsMT4Minimum Deposit$100Customer SupportContact form, live chatPhone: +44 2080950469Email: support@kumomarkets.comAddress: 65 LONDON WALL, LONDON, ENGLAND, EC2M 5TU. J.JASINSKIO G.16, LT-03163 VILNIUS Founded in 2020, Kumo Markets is an unregulated financial company based in Saint Vincent and the Grenadines. It offers 24 crypto currencies, 65 currency pairs, Commodities, and Indices trading with MT4 platform.Pros and ConsPros Cons A wide range of productsNo regulationDiverse account typesRegional restrictionsMultiple customer support channelsNo demo accountsLow minimum depositFlexible leverage ratiosMT4 platformIs Kumo Markets Legit? At present, Kumo Markets lacks valid regulation. Its domain was registered on Feb 8, 2020, and the current status is “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, client Update Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.What Can I Trade on Kumo Markets? On Kumo Markets, you can trade with 24 crypto currencies, 65 currency pairs, Commodities, and Indices.Tradable Instruments Supported Forex✔CFDs❌Commodities✔Indices✔Cryptocurrencies✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type/Leverage/Spread & Commission Kumo Markets provides STP Standard, ECN PRO, CORPORATE accounts.STP StandardECN PROCORPORATEMinimum Deposit$100$1,000$50,000LeverageUp to 1:500Up to 1:100EUR/USD Spread 1.8Nearly 0/Commission$0$8$6Trading Platform Kumo Markets provides MT4 platform available for bith windows and android.Deposit and Withdrawal Kumo Markets supports cryptocurrencies and bank transfers for deposits and withdrawals.Payment MethodMinimum Deposit AmountMinimum Withdrawal AmountDeposit FeeWithdrawal FeeCryptocurrencies100 USD50 USD1%0%Bank transfers5000 USD/1000 EUR2%0%