KVB Kunlun foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.kvbamc.com/, about the company's legal and temporary regulatory information, the company's address 27/F, 28 Hennessy Road, Hong Kong.
KVB Kunlun Forex Broker
Basic information
Hong Kong
5-10 years Suspicious Regulatory License Suspicious Scope of Business Hong Kong Dealing in futures contracts Revoked Hong Kong Dealing in securities Revoked Suspicious Overrun High potential riskCompany profile
KVB Information
Founded in 2006, KVB is an unregulated broker registered in Hong Kong, offering trading in 30 currency pairs, precious metals, global stock index, and commodity CFDs with leverage up to 1:200 and spread from 2.1 pips through the ForexStar 4 trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $1,000.
Pros and Cons
| Pros | Cons |
| Various trading products | Inaccessible website |
| Demo accounts | Revoked SFC license |
| Multiple account types | Wide spreads |
| Popular payment options | No MT4/MT5 platform |
| High minimum deposit requirement |
Is KVB Legit?
No, KVB currently has no valid regulations. It only holds two revoked SFC licenses.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
| Securities and Futures Commission of Hong Kong (SFC) | Revoked | KVB Kunlun Securities (HK) Limited | Dealing in futures contracts | AQG528 |
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
| Securities and Futures Commission of Hong Kong (SFC) | Revoked | KVB Kunlun Asset Management (HK) Limited | Common Financial Service License | BQK571 |
What Can I Trade on KVB?
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| Precious metals | ✔ |
| Global stock index | ✔ |
| Commodity CFDs | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are two account types KVB offers:
| Account Type | Min Deposit |
| Mini | $1,000 |
| Standard | $5,000 |
Leverage
KVB offers a max leverage of 1:200. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
KVB Fees
| Account Type | EUR/USD Spread | Commission |
| Mini | From 2.1 pips | $2 per standard lot round turn |
| Standard | From 2.1 pips | / |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| ForexStar 4 | ✅ | Web | / |
| MT4 | ❌ | Beginners | |
| MT5 | ❌ | Experienced traders |
Deposit and Withdrawal
The broker only accepts payments via credit/debit card, bank wire and telegraphic transfer.
No minimum withdrawal amount defined and no fees or charges specified.
Rating Index
KVB Kunlun Similarly Rated Brokers
Latest Reviews
维权者
Hong Kong
This man talked to me on weibo and added my Mchat. I withdrew for the first and the second time. Then it asked me to pay more deposit to join the activity, or my account would be blocked. I was told that my bank account was wrong and I had to pay the margin for unlocking. He promised that the trade would be successful.
Exposure
2021-10-18
FX2542299931
Hong Kong
It rejected my withdrawal due to wrong card number. I wanted to get my money back.
Exposure
2021-09-19
LULU48949
Singapore
Specifically, while operating with a standard account, I noted that the variety of trading instruments was not as diverse as their marketing materials had led me to believe. Forex currency trading options were many, yes, but the options for trading in commodities were quite limited. Furthermore, the spread they offer was wider than I expected, leaving not much room for profit. Their margins didn't provide the flexibility I was used to with other platforms. Stop loss and take profit functions were a bit complex to set, often requiring more time than they should.
Neutral
2023-09-22