Score

7.75 /10
Good

KCM Trade

Mauritius

5-10 years

Straight Through Processing(STP)

MT4 Full License

C

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Comparison

Quantity 3

Exposure

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Score

Regulatory Index5.87

Business Index7.48

Risk Management Index9.70

Software Index9.99

License Index6.70

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  • The claim standard per customer is 1000 dollars

    IAP · Legal aid C

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Kohle Capital Markets Limited

Company Abbreviation

KCM Trade

Platform registered country and region

Mauritius

Company website

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Company summary

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WikiFX Verification

KCM Trade · Benchmark
Average transaction speed(ms)
526
The highest transaction speed(ms)
156 Good
The highest speed of opening positions(ms)
156 Good
The highest speed of closing position(ms)
156 Good
The lowest speed of opening positions(ms)
1848
The lowest speed of closing position(ms)
1562 Good
Ranking: 102 / 132
Test user 428
Transactions 2,348
Ocuppied margin $5,801,792 USD
Data Source WikiFX Data provide
Updated: 2024-09-18 01:09:00
Pyramid scheme complaint
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KCM Trade · Company summary
KCM Trade Review Summary in 10 Points
Founded2016
Registered Country/RegionMauritius
RegulationASIC
Market InstrumentsForex, Precious Metals, Energy CFDs, Indices, Stock CFDS (Shares)
Demo AccountAvailable
Leverage1:400
Spread1.2 pips ( MT5 Low Spread Account)
1.6 pips ( MT4 Standard Account )
Trading PlatformsMT4/MT5
Minimum Deposit$1,000
Customer SupportLive chat, WhatsApp, Phone , Email

What is KCM?

KCM Trade, a trademark of Kohle Capital Markets Limited, is a trading firm that provides online brokerage services including forex, metals, energies, indices, and Stock CFDS (Shares). The firm operates with low spreads, fast order execution, and multi-level market depth. Additionally, KCM Trade allows traders to use a variety of trading strategies, including hedging and Expert Advisors (EAs).

KCM's homepage

Pros & Cons

ProsCons
  • Regulated by ASIC
  • Limited product offering (200+ mainstream CFD products)
  • ECN customers offered up to five levels of market depth
  • Limited educational resources
  • MT4 and MT5 available
  • No 24/7 customer support
  • No social trading features
  • No mobile trading app

Is KCM Trade Legit?

Based on the information available, KCM Trade appears to be a reliable and trustworthy broker. It holds Australia Securities & Investment Commission (ASIC, No. 489437) license and has received positive reviews from many customers.

regulated by ASIC

However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Market Instruments

The Market Instruments of KCM Trade include Forex, Precious Metals, Energy CFDs, Indices, Stock CFDS (Shares).

For Forex, it can trade 40+ foreign exchange currency pairs on the global financial market and it supports ultra-low spreads and fast order execution.

For Precious Metals, it trades precious metals like gold and silver provides multiple trading opportunities daily. It benefits from low spreads and fast order execution.

For Energy CFDs, the high volatility of petroleum products provides a great range of price fluctuations. Register now and trade the world's lead commodities. And Trade Brent crude oil and WTI crude oil to make your trading portfolio more diversified.

For Indices, the CFD products of global stock market indices in America, Europe, and Asia. The rise or fall of an index is usually closely linked to the country's economic performance.

For Stock / Shares CFD, buy and sell, it is your choice. And investment products cover technology, energy, medical and other international companies.

Market Instruments

Account Types

MT5 Low Spread Account (Recommended for Individual Traders)

Provides Lower spread for its newer technology, deep market depth, a stable quotes and connectivity globally allows a reliable trading environment for investors looking to ramp up their trading.

Trading FeaturesDetails
EUR / USD has the Lowest Spreads1.2 pips
Execution TypeSTP
LeverageUp to 1:400
Minimum Order0.01 lot
Negative Balance ProtectionYes
Trading PlatformMT5
Available PlatformsWeb, Desktop, Mobile, Tablet
Depth of Market5 Levels
Setup FeeFree
Minimum Deposit$,1000
Deposit/Withdrawal FeeNone
Force Close Margin Levels50%

MT4 Standard Account (Top Picks for Individual Traders)

The MT4 standard account is the most popular account type among investors. Its ease of use allows investors to enjoy institutional levels of trading.

Trading FeaturesDetails
EUR / USD has the Lowest Spreads1.6 pips
Execution TypeSTP/ECN
LeverageSTP - Up to 1:400
Minimal Order0.01 lot
Negative Balance ProtectionYes
Trading PlatformMT4
Available PlatformsWeb, Desktop, Mobile, Tablet
Depth of Market5 Levels
Setup FeeFree
Minimum Deposit$1,000
Deposit/Withdrawal FeeNone
Force Close Margin Level50%
Account Types

Leverage

KCM Trade offers leverage of up to 1:400, which is a relatively high leverage level in the forex trading industry. Leverage is a feature that allows traders to control positions that are larger than their account balance, enabling them to potentially magnify gains with a smaller initial investment.

While higher leverage can be desirable for some traders, it is important to keep in mind that it also means increased risk. Higher leverage magnifies potential losses as well, and traders can quickly lose more than their initial investment if they are not careful with risk management. The use of leverage requires a good understanding of the market and trading strategies to avoid significant losses, especially in volatile market conditions.

Spreads & Commissions

KCM Trade offers two types of trading accounts, MT5 Low spread Account and MT4 Standard Account.

The MT5 Low Spread Account boasts spreads 1.2 pips on the EUR/USD. Besides, the MT4 Standard Account offers spreads on the EUR/USD, starting from 1.6 pips.

In terms of commissions, KCM Trade does not provide detailed information on this front. It is possible that the company charges commissions on certain types of trading accounts or for certain assets, so traders should be sure to confirm any potential fees with KCM Trade.

Trading Platforms

KCM Trade offers both MT4 and MT5.

MT4

You can register through WEB, desktop, mobile and tablet.

MT4 (MetaTrader 4) is a popular electronic trading platform that is widely used by forex traders around the world. It was developed by MetaQuotes Software and has been in existence since 2005. MT4 provides traders with access to a range of critical features, including real-time market data, advanced charting tools, and the ability to execute trades in real-time. MT4 also offers algorithmic trading through custom indicators and expert advisors.

MT5

You can register through WEB, desktop, mobile and tablet.

MT5 (MetaTrader 5) is a forex and CFD trading platform developed by MetaQuotes Software, following the success of its predecessor, MT4. Its release in 2010 was intended to improve upon the trading experience offered by MT4 and provide additional features and greater flexibility.

MT4/5

Deposits & Withdrawals

KCM Trade accepts deposits via multiple payment methods including VISA, Mastercard, UnionPay, AMERICAN EXPRESS, PayPal and THAI QR PAYMENT.

Payment Options

The minimum deposit requirement depends on the payment method chosen, with bank wire transfers requiring a minimum deposit of $500, while credit/debit card and e-wallet deposits have a minimum requirement of $250. Additionally, there may be deposit fees charged by the payment provider.

Processing times for deposits and withdrawals at KCM Trade vary depending on the payment method used. Bank wire transfers can take up to 7 business days for processing, while credit/debit card and e-wallet withdrawals are typically completed within 1 to 3 business days.

KCM Trade minimum deposit vs other brokers

KCM TradeMost other
Minimum Deposit$1,000$100

Customer Service

KCM Trade accepts many customer services such as live chat, WhatsApp, phone(+230 5297 0961), email (CS@kcmtrade.com ), and social media such as Facebook, YouTube and LinkedIn.

Contact info
Contact info

FAQs

Question 1:Is KCM Trade regulated?
Answer 1:Yes. It is regulated by Australia Securities & Investment Commission (ASIC, No. 489437).
Question 2:At KCM Trade, are there any regional restrictions for traders?
Answer 2:Yes. Kohle Capital Markets Limited does not provide services to residents of certain jurisdictions including the United States, Cuba, Iran, Sudan, Syria and North Korea (North Korea).
Question 3:Does KCM Trade offer the industry leading MT4 & MT5?
Answer 3:Yes. It offers MT4 and MT5 on Web, desktop, mobile and tablet.
Question 4:What is the minimum deposit for KCM Trade?
Answer 4:The minimum initial deposit to open an account is $1,000.
Question 5:Is KCM Trade a good broker for beginners?
Answer 5:Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

News

NewsKCM Trade全球扩张步伐加速,亚美尼亚办事处盛大开业

KCM Trade全球扩张步伐加速,亚美尼亚办事处盛大开业

WikiFX
2024-05-09 15:27
KCM Trade全球扩张步伐加速,亚美尼亚办事处盛大开业

News Kohle Capital Markets rebrands to KCM Trade

Kohle Capital Markets has announced a rebranding of the company to KCM Trade. The company said that this strategic move is a reflection of its “unwavering committing to providing unparalleled value and exceptional customer experiences.

WikiFX
2023-04-18 15:45
 Kohle Capital Markets rebrands to KCM Trade
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