Company profile
KVBReview SummaryFounded2006Registered Country/RegionHong KongRegulationSFC (Revoked)Market Instruments30 currency pairs, precious metals, global stock index, commodity CFDsDemo Account✅LeverageUp to 1:200EUR/USD SpreadFrom 2.1 pipsTrading PlatformForexStar 4Min Deposit$1,000Customer SupportTel: +852 3701 8188Email: hkamc@kvbamc.comAddress: 27/F, 28 Hennessy Road, Admiralty, Hong KongKVB 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 ConsPros Cons Various trading productsInaccessible websiteDemo accountsRevoked SFC licenseMultiple account typesWide spreadsPopular payment optionsNo MT4/MT5 platformHigh minimum deposit requirementIs KVB Legit? No, KVB currently has no valid regulations. It only holds two revoked SFC licenses.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Securities and Futures Commission of Hong Kong (SFC)RevokedKVB Kunlun Securities (HK) LimitedDealing in futures contractsAQG528Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Securities and Futures Commission of Hong Kong (SFC)RevokedKVB Kunlun Asset Management (HK) LimitedCommon Financial Service LicenseBQK571What 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 TypeMin DepositMini $1,000Standard$5,000Leverage 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 FeesAccount TypeEUR/USD SpreadCommissionMini From 2.1 pips$2 per standard lot round turnStandardFrom 2.1 pips/Trading PlatformTrading PlatformSupported Available Devices Suitable for ForexStar 4✅Web/MT4❌BeginnersMT5❌Experienced tradersDeposit 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.
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.
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2023-09-22