KVB Global Forex Broker
Basic Information
Hong Kong
5-10 years Regulated in New Zealand Regulated in Australia Financial Service Corporate Investment Advisory License Self-developed Suspicious Scope of Business Hong Kong Leveraged foreign exchange trading Revoked Suspicious Overrun Medium potential riskCompany profile
Rating Index
KVB Global Forex Broker - Comprehensive Information Guide
1. Overview of the Broker
KVB Global, officially known as KVB Global Capital Ltd, was established in 2001. The company is headquartered in Auckland, New Zealand, with additional offices in Sydney and Melbourne, Australia, Hong Kong, Toronto, Canada, and Beijing, China. KVB Global operates as a private financial institution, specializing in foreign exchange and related services.
The primary market served by KVB Global includes retail and institutional clients across various regions, with a focus on Australia, New Zealand, Hong Kong, and Canada. Over the years, KVB Global has achieved significant milestones, including the establishment of regional offices and the expansion of its service offerings to include wealth management and liquidity solutions.
KVB Global is part of the KVB Kunlun Financial Group, which encompasses a range of financial services, including systems integration and corporate treasury management. The business model primarily revolves around retail forex trading, institutional services, and wealth management.
2. Regulatory and Compliance Information
KVB Global is regulated by several authorities, ensuring a level of oversight and compliance with financial regulations. The main regulatory bodies include:
- Australian Securities and Investments Commission (ASIC), License No. 334293
- Financial Service Providers Register (FSPR) in New Zealand, License No. FSP 1782
- Securities and Futures Commission (SFC) in Hong Kong, License No. BHR 931
However, it is important to note that KVB Global's license with the New Zealand FMA was canceled, raising concerns about its regulatory standing. The company claims to adhere to KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures to protect client funds and ensure transparency.
KVB Global maintains a client fund segregation policy, which helps protect investor assets in the event of financial difficulties. However, it does not participate in any investor compensation schemes, which could pose a risk for clients in case of insolvency.
3. Trading Products and Services
KVB Global offers a diverse range of trading products to cater to the needs of its clients. The available trading instruments include:
- Forex: Access to over 30 currency pairs, including major, minor, and exotic pairs.
- CFDs: Trading options across six global indices, five commodity futures, and various Chinese stock index products.
The broker is continuously updating its product offerings, although specific details on new products and their frequency of introduction were not provided. KVB Global also provides retail trading services, allowing individual traders to engage in forex and CFD trading. For institutional clients, KVB Global offers tailored services, including liquidity provision and risk management solutions.
4. Trading Platforms and Technology
KVB Global supports the widely recognized MetaTrader 4 (MT4) platform, known for its advanced charting tools and automated trading capabilities. In addition to MT4, KVB Global has developed its proprietary trading platform, Forex Star, which is available for both PC and mobile devices, enabling traders to access the market from anywhere.
The broker also offers an online electronic FX trading platform called EFX 2.0, designed for bilingual use in Chinese and English. This platform provides real-time trading capabilities along with flow management features.
KVB Global employs a market-making execution model, with servers located in the United States to enhance trade execution speeds and reliability. The broker also supports API access for automated trading, which is beneficial for algorithmic traders.
5. Account Types and Trading Conditions
KVB Global provides various account types to meet the diverse needs of its clients:
- Forex Trading Account: Suitable for trading foreign currency pairs, precious metals, and global stock indices.
- Global Settlement Account: Designed for enterprise-level foreign exchange management solutions.
- Stock Trading Account: Tailored for trading on the Hong Kong Stock Exchange.
The trading conditions include competitive spreads, with the EUR/USD spread starting at just 0.4 pips. KVB Global does not charge commissions on trades, enhancing cost-efficiency for traders. The leverage offered varies, with a maximum of 1:30 for Australian clients and up to 1:200 for international traders.
KVB Global also provides a demo account for prospective clients to practice trading without financial risk. The minimum trading lot size and overnight fee policies were not specified in the available information.
6. Fund Management
KVB Global supports multiple deposit methods, including bank transfers, credit cards, and e-wallets. The broker does not impose a strict minimum deposit requirement, but it is recommended to invest a 10% security deposit to open an account.
Deposits are processed quickly, and there are no fees for making deposits. However, withdrawal methods may incur fees, and the processing time for withdrawals typically takes one working day. Specific details regarding withdrawal limits and fee structures were not provided.
7. Customer Support and Educational Resources
KVB Global offers customer support through various channels, including phone, email, and social media. The support team is available during working hours, but there is no 24/7 customer support. The broker provides assistance in multiple languages, including English, Mandarin, and Cantonese.
Educational resources available to clients include trading manuals, articles, and a demo account for practice. However, the broker does not offer comprehensive educational materials such as webinars or seminars, which may limit the learning opportunities for novice traders.
KVB Global also provides market analysis services, including daily analyses and research reports to help clients make informed trading decisions.
8. Regional Coverage and Restrictions
KVB Global primarily serves clients in Australia, New Zealand, Hong Kong, Canada, Taiwan, and Singapore. The broker has established regional offices in these locations to enhance its service delivery.
However, KVB Global does not accept clients from certain countries due to regulatory restrictions, although specific countries were not disclosed in the available information. It is advisable for potential clients to verify their eligibility before opening an account.
In summary, KVB Global is a forex broker that provides a range of trading products and services. While it offers competitive trading conditions, potential clients should conduct thorough due diligence regarding the broker's regulatory compliance and operational practices before engaging in trading activities.
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Latest Reviews
GNjER
United States
I was shown a hash with info on blockchain and transactions, charged a fee of $64 for transaction on blockchain then after the transfer of btc, I was sent a link to pay a commission fee of $58 to process my $46,000 0f funds that were to be transferred into my Robinhood account. The link was broken ofcourse and kicked me offline and out of the platform pay service. The money is gone and I am screwed for being stupid.
Exposure
2023-10-24
A银行融资贷款付靖豪
Hong Kong
I had a great experience working with KVBGC. The team was extremely knowledgeable and professional, and they helped me navigate through some complex financial issues with ease. I appreciated their attention to detail and willingness to answer all of my questions. The communication was excellent, and I felt supported throughout the entire process.
Positive
2023-03-23
FX1529839067
New Zealand
As a user of KVB Global, I am very dissatisfied with their services. They deceived me through fraudulent activities and took $3000 from me. I hope to recover this money. I have attempted to make withdrawals multiple times, but they consistently reject them with various excuses, asking me to make additional deposits. They even engaged in fraud through a P2P group, displaying blockchain and transaction information, and charged me a $89 transaction fee. I deeply regret choosing KVB Global and cannot recommend this platform to others.
37130
2023-12-15