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KVB Kunlun Forex Broker provides real users with * positive reviews, 1 neutral reviews and 2 exposure review!

KVB Kunlun Broker Review

1.50

WikiFX monitor

Business

Influence E

License

SFC Revoked

KVB Kunlun Review 3

Latest All(3) Neutral(1) Exposure(2)
Neutral
Limited Commodities, Wide Spreads, Tricky Stops: Reality vs Marketing Pitch

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.

LULU48949
2023-09-22
Exposure
Unable to withdraw

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.

维权者
2021-10-18
Exposure

It rejected my withdrawal due to wrong card number. I wanted to get my money back.

FX2542299931
2021-09-20

  

KVB Kunlun 2025 Review: Everything You Need to Know

  KVB Kunlun has emerged as a notable player in the forex brokerage landscape, providing a variety of trading services since its inception in 2012. This review synthesizes insights from multiple sources, highlighting both the strengths and weaknesses of KVB Kunlun, including user experiences and expert opinions. Notably, the broker is regulated by several authorities, including ASIC and the SFC, which lends it a degree of credibility. However, potential clients should be aware of the varying conditions across different jurisdictions.

  Note: The regulatory status of KVB Kunlun can differ based on the entity operating in your region, which is an important consideration for prospective traders. The following analysis aims to provide a fair and accurate overview of KVB Kunlun based on the most recent findings.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 5
Customer Service and Support 4
Trading Setup (Experience) 7
Trustworthiness 6
User Experience 5

  We rate brokers based on a combination of user feedback, expert analysis, and factual data from credible sources.

  

Broker Overview

  Founded in 2012, KVB Kunlun is headquartered in Hong Kong and operates under multiple regulatory licenses, including those from the Australian Securities and Investments Commission (ASIC) and the Securities and Futures Commission (SFC) of Hong Kong. KVB Kunlun primarily offers forex trading, commodities, and CFDs, utilizing the popular MetaTrader 4 platform, as well as its proprietary Forex Star platform. The broker is recognized for its commitment to providing a secure trading environment, with client funds held in segregated accounts at tier-1 banks, ensuring a level of safety for investors.

  

Detailed Analysis

  Regulated Areas: KVB Kunlun operates in various jurisdictions, including Australia, New Zealand, and Hong Kong, but does not accept clients from the United States, Brazil, and several other countries. This international presence offers a broad range of services tailored to different market needs.

  Deposit/Withdrawal Currencies: The broker supports multiple currencies for deposits and withdrawals, including USD, AUD, and EUR. However, it does not support cryptocurrencies as a funding method.

  Minimum Deposit: The minimum deposit requirement at KVB Kunlun is relatively high, starting at $1,000. This is quite steep compared to many competitors, which often allow deposits as low as $100.

  Bonuses/Promotions: Currently, KVB Kunlun does not offer any specific bonuses or promotional incentives, a point that some users may find disappointing compared to other brokers that provide such offers.

  Tradable Asset Classes: KVB Kunlun allows trading in over 30 currency pairs, precious metals, and various global indices and commodities. However, some reviews indicate a limitation in the available instruments for retail traders, making it potentially less appealing for those looking for a broader range of options.

  Costs (Spreads, Fees, Commissions): The broker's spreads are variable, with reports indicating average spreads around 1.3 pips for EUR/USD. While this is competitive, the additional commission of $2 per standard lot on mini accounts may deter some traders.

  Leverage: KVB Kunlun offers a maximum leverage of 1:200, which is in line with industry standards. However, traders should exercise caution as high leverage can amplify both gains and losses.

  Allowed Trading Platforms: KVB Kunlun primarily utilizes the Forex Star platform, which is a modified version of MetaTrader 4, allowing for a user-friendly trading experience. However, the absence of MetaTrader 5 and other platforms may limit options for some traders.

  Restricted Regions: As mentioned earlier, KVB Kunlun does not accept clients from several countries, including the USA and Japan. This restriction could affect potential clients looking for a globally accessible trading platform.

  Available Customer Service Languages: Customer support is available in multiple languages, including English, Chinese, and several European languages. However, the quality of customer service has been noted as an area for improvement, with some users reporting slow response times.

  

Repeated Rating Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 5
Customer Service and Support 4
Trading Setup (Experience) 7
Trustworthiness 6
User Experience 5

  

Detailed Breakdown

  •   Account Conditions: The minimum deposit requirement of $1,000 is higher than many brokers, which may limit access for new traders. Additionally, the commission structure, while competitive, could deter some users.

  •   Tools and Resources: KVB Kunlun provides basic trading tools, but the lack of advanced educational resources and market analysis tools may hinder less experienced traders.

  •   Customer Service and Support: The customer service has received mixed reviews, with some users experiencing delays in response times. The absence of live chat support is also a drawback.

  •   Trading Setup (Experience): The trading experience on the Forex Star platform is generally positive, but the lack of additional platforms like MT5 could be a limitation for some traders.

  •   Trustworthiness: KVB Kunlun is regulated by reputable authorities, but the revoked status for certain licenses raises concerns. Users should proceed with caution and conduct thorough research.

  •   User Experience: Overall user experience is average, with some users praising the trading environment while others express concerns about customer support and withdrawal processes.

  In conclusion, KVB Kunlun presents a mixed bag for potential traders. While it offers a secure trading environment and a range of tradable assets, the high minimum deposit, limited customer support, and some regulatory concerns may make it less appealing for novice traders. As always, potential clients are encouraged to conduct their own research and consider their trading needs before engaging with KVB Kunlun.