What is Kubera Global？
Kubera Global, a brokerage firm registered in St. Vincent & the Grenadines, offers FOREX, Metals, INDICES, Oil, Crypto as financial instruments to its clients. However, it's important to be noted that Kubera Global currently has no valid regulations from any recognized financial bodies.
In the upcoming article, we will comprehensively analyze this broker's attributes from various angles, delivering clear and well-organized information. If you find this topic intriguing, we encourage you to continue reading. At the conclusion of the article, we will provide a concise summary to offer you a quick grasp of the broker's key features.
Pros & Cons
Pros:
Tiered Accounts: Kubera Global caters to different experience levels with Standard, ECN PRO, and Prop Trading accounts, offering a suitable option for beginners and advanced traders alike.
Wide Range of Market Instruments: Trade forex, metals, indices, oil, and cryptocurrencies, allowing you to diversify your portfolio and capitalize on various market opportunities.
MT4 Platform: The familiar and user-friendly MT4 platform provides a comfortable trading environment with technical analysis tools and potential for automation..
Cons:
Unregulated: The lack of oversight from a recognized body exposes users to risks, as there's less protection in case of issues with the broker.
Lack of Transparency on Trading Conditions: Minimum deposit requirements, spreads, commissions, and other crucial details are missing, making it difficult to assess the true cost of trading.
Inconsistent Information for Trading Platform: They advertise MT5 but download links lead to MT4. This confusion raises concerns about platform management and the actual functionalities available.
Is Kubera Global Legit or a Scam？
When considering the safety of a brokerage like Kubera Global or any other platform, it's important to conduct thorough research and consider various factors.
User feedback: To get a deeper understanding of the brokerage, it is suggested that traders explore reviews and feedback from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.
Security measures: So far Kubera Global did not disclosed any security measures on its official website. You should be vigilant about this and seek clarification from the broker if you intend to trade with them.
Ultimately, the choice to trade with Kubera Global is a personal decision. It is important to thoroughly assess the risks and benefits before arriving at a conclusion.
Market Instruments
Kubera Global empowers you to navigate a diverse financial landscape with their extensive selection of market instruments.
Foreign Exchange (FOREX): Trade on the world's largest and most liquid market, where currencies are exchanged against each other. Kubera Global offers access to major, minor, and exotic currency pairs, allowing you to capitalize on fluctuations in exchange rates based on global economic events, interest rate differentials, and geopolitical situations.
Metals: Gain exposure to precious metals like gold and silver, often viewed as safe havens during market volatility. Kubera also offers trading opportunities in base metals like copper and iron ore, which play a crucial role in industrial production and economic growth.
Indices: Track the performance of entire stock market sectors or a country's overall economy by trading stock market indices such as the S&P 500 (US), FTSE 100 (UK), or Nikkei 225 (Japan).
Oil: As a key global commodity, crude oil prices influence a wide range of industries and consumer goods. Kubera Global allows you to trade oil contracts, speculating on price movements based on factors like supply and demand, geopolitical tensions in oil-producing regions, and global economic growth.
Cryptocurrencies: Dive into the dynamic world of digital assets like Bitcoin, Ethereum, and others. Kubera Global offers a platform to trade cryptocurrencies, allowing you to capitalize on their price fluctuations based on market sentiment, technological advancements, and regulatory developments.
Account Types
Kubera Global offers a tiered account structure to cater to different trading needs, but information on minimum deposits is currently unavailable.
Standard Account: This could be a suitable option for beginners, offering a basic setup for exploring the markets. It usually has standard spreads and trading features.
ECN PRO Account: This account type targets more experienced traders. ECN (Electronic Communication Network) accounts typically offer tighter spreads and greater transparency into order execution. However, they also involve higher commissions per trade.
Prop Trading Account: This is the most advanced option, suited for professional traders or those with significant capital. Prop trading accounts often involve the broker providing traders with a pool of capital to trade with in exchange for a share of the profits.
How to Open an Account？
To open an account with Kubera Global, you have to follow below steps:
However, their 'Open an A/C button leads to error page. Check with the broker and usually you need to fill in the necessary personal details required.
Complete any verification process for security purposes.
Once your account has been approved, you can set up your investment preferences and start trading.
Trading Platforms
Kubera Global's trading platform situation presents a potential hurdle. They advertise the powerful MetaTrader 5 (MT5) platform, known for its advanced charting tools, algorithmic trading capabilities (Expert Advisors), and hedging features. However, the download links on their website currently point to the older MetaTrader 4 (MT4).
This inconsistency is concerning. MT4, while a well-established platform with a user-friendly interface and technical analysis tools, lacks some of the functionalities users might expect based on Kubera Global's promotion of MT5. The discrepancy raises questions about Kubera Global's platform management and attention to detail.
Customer Service
Kubera Global offers a comprehensive range of customer support channels to assist traders with their inquiries and concerns.
Traders can reach out to the support team via live chat and WhatsApp for immediate assistance, ensuring quick resolution of issues. Additionally, Kubera Global maintains an active presence on social media platforms such Facebook, Instagram, Telegram and Twitter, allowing traders to connect with the support team and stay updated on the latest news and announcements.
For more personalized assistance, traders can contact Kubera Global via phone or email, where dedicated support staff are available to address queries and provide guidance. The company also provides a physical address for correspondence and offers a convenient contact us form on their website for inquiries.
Email: support@kubera-global.com.
Phone: +61-413-163-769.
Address: First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent & the Grenadines.
Moreover, traders can request a callback by filling out a contact us form.
Conclusion
Kubera Global, a brokerage firm registered in St. Vincent & the Grenadines, offers FOREX, Metals, INDICES, Oil, Crypto as market instruments to traders. However, the current lack of regulation from recognized authorities should prompt concerns for investors. Regulation typically ensures financial oversight, protecting clients from possible malpractices.
Therefore, individuals considering Kubera Global as their broker should be cautious, do their own research and explore alternative, regulated brokers that prioritize transparency, security, and client protection
Frequently Asked Questions (FAQs)
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 provided in this review may be subject to change due to the constant updating of the company's services and policies.
2024-05-29 14:30
