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Kumo Markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.kumomarkets.com/register, about the company's legal and temporary regulatory information, the company's address EURO HOUSE, RICHMOND HILL ROAD, KINGSTOWN, ST. VINCENT AND THE GRENADINES, VC0120.

Kumo Markets Forex Broker

Basic information

Registered region
Saint Vincent and the Grenadines
Operating period
--
Company Name
Kumo Markets Ltd
Abbreviation
Kumo Markets
Company employee
--
Customer Service Email Address
support@kumomarkets.com
Contact number
+442080950469
Company website
https://kumomarkets.com
Company address
EURO HOUSE, RICHMOND HILL ROAD, KINGSTOWN, ST. VINCENT AND THE GRENADINES, VC0120
Facebook
https://www.facebook.com/KumoMarketsLtd/
Keywords
5-10 years
Suspicious Regulatory License
MT4 Full License
MT5 Full License
Global Business
High potential risk

Company profile

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%
Kumo Markets broker review
Kumo Markets safe or scam

Rating Index

CORPORATE

Minimum Deposit
$50000

ECN PRO

Minimum Deposit
$1000

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Latest Reviews

CUI

CUI

Pakistan

I am not sure how it works in every country but I have found their customer support excellent. I started with a demo account and a member of their team called me to introduce themselves and tell me they are my account manager. After I received all the educational content they send to your email I eventually created a real account and have been trading with them since lockdown.

Neutral

2024-06-20

FX4255247862

FX4255247862

France

i have traded with sl and tp and broker fail to close my orders. live chat never works...

Exposure

2021-10-18

chavmarlon

chavmarlon

Salvador

I opened an account with KmoMarkets and to have the account operating and able to deposit and withdrawal i had to pass the KYC which was send my ID front and back and a proof of address. I sent all the documents they asked and i had my account verified couple days latter. After a few days i deposit via BTC ( they only offer crypto as a payment method ). I operate and i decided to withdrawal few days latter and i got an email 3 days latter that i need to send more documents in order for them to proceed my withdrawal even with my account fully verified and KYC also fully verified. Well now is going to be 2 weeks when they dont release my inicial deposit and my profits. I call this a SCAM and also say that be really careful, dont operate with this company. I tried many times to solve this smooth as possible but they dont proceed with my withdrawal of 3540$.

Exposure

2021-10-09

Kumo Markets Forex Broker has an overall rating of 2.18, Regulatory Index 0.00, License Index 0.00, Business Index 6.98, Software Index 8.51 Risk Control Index 0.00.