KUBERA CAPITAL MARKETS LTD Forex Broker provides real users with 1 positive reviews, * neutral reviews and * exposure review!
Software Index
License
LFSA Suspicious Clone 
✌✌✌Super love their social trading feature！ It's been awesome following the trades of other peeps and making some profits myself. Plus, they offer a VPS which keeps things runnin' smooth, no lag or anything. And let's not forget their customer service - they're always there to help, another big plus.
Summary: Kubera Capital Markets Ltd has garnered significant attention due to its unregulated status and numerous fraud allegations, raising concerns about its legitimacy as a forex broker. Established in 2023, this broker offers various trading platforms but faces scrutiny over its operational transparency and customer service issues.
Notice: It is important to note that the regulatory status of Kubera varies across regions, and the lack of oversight from reputable financial authorities raises red flags. This review aims to provide a balanced view based on available information.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 4 |
| Tools and Resources | 5 |
| Customer Service and Support | 3 |
| Trading Setup (Experience) | 4 |
| Trustworthiness | 2 |
| User Experience | 3 |
We rate brokers based on a comprehensive analysis of user feedback, expert opinions, and factual data.
Founded in 2023, Kubera Capital Markets Ltd is based in Labuan, Malaysia. It operates as a forex and commodities broker, offering access to various assets, including forex, commodities, metals, options, and equities. The broker provides trading via popular platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), catering to a diverse clientele. However, it operates without regulatory oversight from the Labuan Financial Services Authority, which significantly impacts its credibility.
Regulatory Status:
Kubera Capital Markets is not regulated by any reputable financial authority, which is a major concern for potential clients. Reports classify it as a "suspicious clone," indicating that it may be operating under false pretenses or imitating a legitimate broker. This lack of regulation raises significant concerns about investor protection and operational integrity.
Deposit/Withdrawal Currencies/Cryptocurrencies:
The broker supports multiple deposit and withdrawal options, but specific details regarding the currencies accepted are sparse. Users should check directly with the broker for the latest information on available currencies and any associated fees.
Minimum Deposit:
Information regarding the minimum deposit required to open an account with Kubera Capital Markets is not clearly stated in the available sources. This lack of transparency can be a deterrent for potential clients.
Bonuses/Promotions:
There are no clear indications of any promotional offers or bonuses available for new clients, which is common among many unregulated brokers.
Asset Classes Available for Trading:
Kubera Capital Markets offers a diverse range of trading instruments, including forex pairs, commodities, precious metals, and options. However, the absence of regulatory oversight may limit the appeal of these offerings.
Costs (Spreads, Fees, Commissions):
The broker claims to offer low or no commissions, but specifics on spreads and other fees are not readily available. Potential clients should be wary and conduct thorough research regarding the cost structure before engaging.
Leverage:
While the leverage options are not explicitly mentioned, many brokers in the industry typically offer leverage up to 1:100 or higher. However, clients should be cautious as high leverage can amplify losses.
Trading Platforms Allowed:
Kubera Capital Markets supports trading on MT4 and MT5, which are well-regarded platforms in the trading community for their user-friendly interfaces and extensive functionalities.
Restricted Regions:
The broker does not provide services to residents of several countries, including the USA, Canada, and various nations under international sanctions. This restriction may limit its customer base significantly.
Available Customer Service Languages:
Details about the languages supported by customer service are not specified, but it is crucial for potential clients to ensure that they can communicate effectively with the broker's support team.
| Category | Rating (out of 10) | Detailed Explanation |
|---|---|---|
| Account Conditions | 4 | The lack of clarity regarding minimum deposits and account types is concerning. |
| Tools and Resources | 5 | Basic trading tools are available, but advanced resources are lacking. |
| Customer Service and Support | 3 | Numerous complaints about poor customer service and withdrawal issues have been reported. |
| Trading Setup (Experience) | 4 | The trading platforms are reliable, but the overall experience is tainted by regulatory concerns. |
| Trustworthiness | 2 | The unregulated status and fraud allegations significantly diminish trust. |
| User Experience | 3 | Users report a lack of transparency and difficulties in accessing support. |
Account Conditions:
The account conditions at Kubera Capital Markets are not well-defined, with limited information available about minimum deposits and account types. The absence of clear guidelines can lead to confusion among potential clients, making it difficult to assess the broker's offerings.
Tools and Resources:
The broker provides basic trading tools, including the widely used MT4 and MT5 platforms. However, advanced analytical tools and educational resources are notably absent, which may hinder the trading experience for more seasoned investors.
Customer Service and Support:
Customer service has received negative feedback, with reports of slow response times and challenges in resolving withdrawal issues. This lack of effective support raises significant concerns for traders who may need assistance during critical trading moments.
Trading Setup (Experience):
While the trading platforms are functional, the overall trading experience is marred by the broker's unregulated status and the associated risks. Traders may find themselves questioning the safety of their funds and the integrity of the trading environment.
Trustworthiness:
The trustworthiness of Kubera Capital Markets is severely compromised due to its unregulated nature and the numerous fraud complaints associated with it. Potential clients are advised to exercise extreme caution and consider alternative, regulated brokers.
User Experience:
User experiences vary widely, with many reporting difficulties in accessing support and a lack of transparency regarding fees and operational practices. This inconsistency can lead to frustration and mistrust among users.
In conclusion, while Kubera Capital Markets Ltd offers a range of trading opportunities, the significant concerns regarding its regulatory status, customer service, and overall trustworthiness make it a risky choice for potential investors. It is crucial for traders to conduct thorough research and consider more reputable alternatives before engaging with this broker.
