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Regarding the legitimacy of KVB forex broker, it provides BAPPEBTI, FCA, and .

Is KVB safe?

Rating Index

WikiFX Detection

Software Index

Full License

Business

Influence C

Is KVB markets regulated?

The regulatory license is the strongest proof.

Retail FX

BAPPEBTI Retail Forex License

Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan

Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Retail Forex License
  • Licensed Entity:

    PT KVB FUTURES INDONESIA PT KVB FUTURES INDONESIA
  • Effective Date:

    --
  • Email Address of Licensed Institution:

    info@kvb.co.id
  • 53748:

    No Sharing
  • Website of Licensed Institution:

    www.kvb.co.id
  • Expiration Time:

    --
  • Address of Licensed Institution:

    Menara Sun Life Lantai 21 Unit G, Jl. DR. Ide Anak Agung Gde Agung Blok 6.3, Kawasan Mega Kuningan, Kel. Kuningan Timur, Kec. Setiabudi, Kota Jakarta Selatan - DKI Jakarta 12950
  • Phone Number of Licensed Institution:

    (021) 21689063
  • Licensed Institution Certified Documents:

11 name
AR

FCA Appointed Representative(AR)

Financial Conduct Authority

Financial Conduct Authority

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Appointed Representative(AR)
  • Licensed Entity:

    KVB Europe Ltd KVB Europe Ltd
  • Effective Date:

    2024-10-03
  • Email Address of Licensed Institution:

    kvb.europe@hotmail.com
  • 53748:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    13th Piccadilly Plaza New York Street Manchester M1 4BTM 1 4 B T UNITED KINGDOM
  • Phone Number of Licensed Institution:

    +4403337723275
  • Licensed Institution Certified Documents:

11 name

  

Is KVB Safe or Scam?

  

Introduction

  KVB, also known as KVB Kunlun, is a forex broker that has positioned itself as a global player in the financial markets, offering a variety of trading services including forex, commodities, and indices. Established in 2001, KVB has expanded its operations across multiple jurisdictions, aiming to cater to a diverse clientele. However, as with any financial service provider, it is crucial for traders to conduct thorough due diligence before committing their funds. The forex market is rife with potential risks, and assessing the legitimacy and reliability of a broker is paramount in safeguarding investments. This article aims to provide an objective evaluation of KVB by examining its regulatory status, company background, trading conditions, customer fund safety, user experiences, platform performance, and overall risk profile.

  

Regulation and Legitimacy

  KVB operates under a complex regulatory framework, which is essential for ensuring the safety and legality of its operations. Regulation serves as a safeguard for traders, providing a layer of oversight that can protect against fraud and malpractice. Below is a summary of KVB's regulatory information:

Regulatory Authority License Number Regulatory Region Verification Status
Anjouan Offshore Finance Authority (AOF) L15626/KVB Comoros Valid
Financial Conduct Authority (FCA) 1017430 UK (Appointed Representative) Valid

  KVB is regulated by the Anjouan Offshore Finance Authority (AOF) and is an appointed representative under the Financial Conduct Authority (FCA) in the UK. While the AOF is considered a less stringent regulator compared to others like the FCA, it still imposes certain requirements on KVB to ensure it operates within legal boundaries. The FCA's oversight adds an additional layer of credibility, as it is known for its rigorous standards. However, past regulatory issues, including the revocation of licenses in Hong Kong, raise concerns about KVB's compliance history. It is essential for potential clients to consider these factors when evaluating the broker's legitimacy.

  

Company Background Investigation

  KVB Kunlun Financial Group Ltd has a history that dates back over two decades. Founded in 2001, the company has evolved from a regional player to a global financial services provider, establishing multiple offices across Asia, Oceania, and North America. The ownership structure of KVB is complex, with several subsidiaries operating under its umbrella, including KVB Kunlun Pty Ltd and KVB Global Capital Ltd.

  The management team consists of experienced professionals with backgrounds in finance, trading, and technology, contributing to the broker's strategic direction. The company has made efforts to maintain transparency, providing information about its services and regulatory compliance on its website. However, the level of information disclosure could be improved, as some users have reported difficulties in obtaining clear answers to their queries.

  

Trading Conditions Analysis

  KVB offers a competitive trading environment, but the overall fee structure deserves careful examination. The broker provides various account types, each with its own fee structure. Below is a comparison of KVB's core trading costs:

Fee Type KVB Industry Average
Major Currency Pair Spread 1.3 pips 1.0-2.0 pips
Commission Model Variable Fixed/Variable
Overnight Interest Range Varies Varies

  KVB's spread on major currency pairs starts at 1.3 pips, which is within the industry average but may not be the most competitive. The commission structure is variable, leading to potential unpredictability in trading costs. Additionally, the broker's overnight interest rates can vary, which may impact traders who hold positions overnight. Traders should be aware of these costs and read the fine print to avoid unexpected charges.

  

Customer Fund Safety

  Safety of client funds is a critical aspect of any brokerage. KVB claims to employ robust measures to ensure the security of client deposits. Funds are held in segregated accounts, which means that client money is kept separate from the broker's operational funds. This practice is designed to protect traders in case of the broker's insolvency.

  KVB also offers negative balance protection, which is a significant advantage for traders, as it prevents them from losing more than they have deposited. However, there have been historical concerns regarding fund safety, with reports of delayed withdrawals and difficulties in accessing funds. It is vital for potential clients to consider these factors when assessing the safety of their investments with KVB.

  

Customer Experience and Complaints

  Customer feedback provides valuable insights into the reliability of a broker. User experiences with KVB have been mixed, with some traders reporting positive interactions, while others have raised serious concerns. Below is a summary of common complaint types and their severity:

Complaint Type Severity Company Response
Withdrawal Issues High Slow response, unresolved
Slippage and Execution Delays Medium Mixed responses
Customer Support Quality Medium Inconsistent

  Many users have expressed frustration over withdrawal delays and lack of effective communication from customer support. A significant number of complaints revolve around difficulties in accessing funds, which can be a red flag for potential clients. On the other hand, some users have reported satisfactory experiences, particularly regarding the trading platform's functionality and ease of use.

  

Platform and Execution

  KVB offers multiple trading platforms, including MetaTrader 4 (MT4) and its proprietary platform. The performance of these platforms is generally stable, but issues such as slippage and order execution delays have been reported. Traders should be aware that the quality of execution can significantly impact their trading outcomes.

  The order execution quality appears to vary, with some users experiencing significant slippage during volatile market conditions. This inconsistency can be detrimental, particularly for scalpers and day traders who rely on precise execution. There have also been allegations of platform manipulation, which warrant further investigation.

  

Risk Assessment

  Engaging with KVB presents several risks that traders should consider. Below is a summary of the key risk areas:

Risk Category Risk Level (Low/Medium/High) Brief Description
Regulatory Risk Medium Potential issues with compliance history.
Fund Safety Risk High Historical withdrawal issues and delayed access to funds.
Execution Risk Medium Reports of slippage and execution delays.

  To mitigate these risks, traders should conduct thorough research, maintain realistic expectations, and consider diversifying their investments. Additionally, utilizing risk management tools such as stop-loss orders can help safeguard against potential losses.

  

Conclusion and Recommendations

  In conclusion, KVB presents a mixed picture. While it is regulated and offers a variety of trading options, historical issues related to fund safety and customer service raise concerns. Traders should approach KVB with caution, particularly if they are new to the forex market or require high levels of customer support. It may be wise to explore alternative brokers with stronger reputations and more robust customer service records.

  For those considering KVB, it is essential to stay informed about potential risks and to ensure that the broker's offerings align with your trading needs and risk tolerance. Alternative brokers worth considering include those with a proven track record of reliability and customer satisfaction.

Is KVB a scam, or is it legit?

The latest exposure and evaluation content of KVB brokers.

KVB Intentionally Causes Slippage Leading to Account Blowout, Refuses Compensation
KVB has egregiously deceived me. I deposited $60,000 USD, and due to inexplicable slippage, over $20,000 was directly deducted from my account, leading to a blowout. The market price was at 2668, but my transaction was executed at 2675. The platform allowed slippage of 500-700 points; there was never a market price of 2775 throughout the entire day. The platform has not provided any explanation and ignores customer inquiries. Once they have your funds, they seem unprepared to allow any withdrawals. Initially, I chose KVB thinking it was a reputable platform, but now it appears they specifically exploit their clients. Is there no place for reasonable discussion? I expect KVB to face this issue head-on and resolve it; otherwise, I will be forced to involve the police.
21 dollar xauusd slippage
Hello, Login number 20014862 I would like to enquire about my trading position that is forced close all sudden during my trading. It raised my concern that Mt4 in system indicate the order is close at 16.07 where price is at 2868 but when I check the market price at kvb during that time the maximum price is at 2848. My position should close as profit instead it becomes loss position and price did not exist at that time when it was closed My question is why price close higher than my entry point when I didn't set any stop loss and stop out is still far from that as well.Its at profit position from 2864 and closed at 2748 at 16.07 Time. Please investigate the error and I will attach my trading history and journal for your refference All transactions are not transmitted in any way as B book,please put an end to this scam I hope you prevent this scam everyone look at the time and price please employees at the company threatened me to get my principal and erased all positions from the past
24 dollar slippage on xauusd trade
Hello, Login number 20014862 I would like to enquire about my trading position that is forced close all sudden during my trading. It raised my concern that Mt4 in system indicate the order is close at 16.07 where price is at 2868 but when I check the market price at kvb during that time the maximum price is at 2848. My position should close as profit instead it becomes loss position and price did not exist at that time when it was closed My question is why price close higher than my entry point when I didn't set any stop loss and stop out is still far from that as well. Its at profit position from 2864 and closed at 2748 at 16.07 Time. Please investigate the error and I will attach my trading history and journal for your refference All transactions are not transmitted in any way as B book, please put an end to this scam I hope you prevent this scam everyone look at the time and price please
High Spreads and Expensive Commissions
The spreads on KVB are high at 4.5 points, which is already quite steep, but they also charge $50 USD per lot in commission fees. Additionally, there are serious slippage issues at times. Truly, it's a terrible platform.

KVB latest industry rating score is 6.70, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 6.70 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.