Score

1.37 /10
Danger

KVB Kunlun

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.93

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Regulatory disclosure

Warning

HK SFC
2022-05-30

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

KVB Kunlun · Company summary

General Information & Regulation

KVB Kunlun, a trading name of KVB Kunlun International (HK) Limited, is allegedly a suspicious regulated global broker registered in Hong Kong that claims to provide its clients with a wide variety of tradable financial instruments with leverage up to 1:200 and floating spreads from 2.1 pips on the state-of-the-art MetaTrader4 trading platform, as well as a choice of two different account types.

Market Instruments

KVB Kunlun advertises that it offers a wide range of trading instruments in financial markets, including 30+ different currency pairs, precious metals, and various global stock index and commodity CFDs.

Account Types

There are two live trading account types offered by KVB Kunlun, apart from demo accounts, namely Mini and Standard. Opening a Mini account requires the minimum initial deposit amount of $1,000, while the other account type has a much higher minimum initial capital requirement of $5,000.

Leverage

A leverage ratio of up to 1:200 for all major currencies is offered by KVB Kunlun, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage due to the fact that leverage magnifies gains and losses.

Spreads & Commissions

KVB Kunlun claims to offer the spread of 2.1 pips on EUR/USD pair. As for commissions, different account types can experience different commissions. The broker charges the Mini account a commission of $2 per standard lot round turn, while the Standard account with no commission.

Trading Platform Available

The platform available for trading at KVB Kunlun is the worlds most trusted and popular MetaTrader4 trading platform. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading

Deposit & Withdrawal

From the logos shown at the foot of the home page on KVB Kunluns official website, we found that this broker seems to accept deposits and withdrawals via Visa, MasterCard, Maestro, China UnionPay and Bank Wire, yet we cannot be sure if these payment options are all available. The minimum initial deposit requirement is said to be $1,000.

Deposit

Customer Support

KVB Kunlun‘s customer support can be reached by email: service@kunluncoin.com, info@fxcmhk.com.cn. Company address: The Northern and Shell Building Eighth Floor 10 Lower Thames Street London EC3R 6AD UNITED KINGDOM. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

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