Score

1.94 /10
Danger

KUBERA CAPITAL MARKETS LTD

Malaysia

1-2 years

Suspicious Regulatory License

MT5 Full License

Global Business

High potential risk

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Score

Regulatory Index0.00

Business Index4.75

Risk Management Index0.00

Software Index8.81

License Index0.00

Time Machine
Website

Licenses

VPS Standard
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Single Core

1G

40G

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Broker Information

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Company Name

KUBERA CAPITAL MARKETS LTD

Company Abbreviation

KUBERA CAPITAL MARKETS LTD

Platform registered country and region

Malaysia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The MalaysiaLFSA regulation (license number: MB/21/0086) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

KUBERA CAPITAL MARKETS LTD · Company summary
KUBERA CAPITAL MARKETS LTD Review Summary
Founded2023
Registered Country/RegionMalaysia
RegulationLFSA (Suspicious clone)
Market Instruments1,000+, metals, forex, commodities, cryptos, and equities
Demo Account
Islamic Account
Leverage/
SpreadFrom 1.2 pips (Classic account)
Trading PlatformMT5
Min Deposit$50
Customer Support24/7 support
Contact form
Address: Suite No. 3, Unit Level 9(E), Main Office Tower, Financial Park Complex, Jalan Merdeka, 87000 Federal Territory of Labuan, Malaysia
Regional RestrictionsAfghanistan, Algeria, Angola, Bulgaria, Burkina Faso, Cameroon, Côte dIvoire, Croatia, Democratic Republic of Congo, Haiti, Iran, Kenya, Lebanon, Malaysia, Mali, Monaco, Mozambique, Namibia, Nigeria, North Korea, Philippines, Russia, South Africa, South Sudan, Syria, Tanzania, USA, Venezuela, Vietnam, Yemen

Kubera Markets, established in 2023 and based in Malaysia, offers trading in metals, forex, commodities, cryptos, and equities with spread from 1.2 pips on the Classic account via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just 50 USD. However, their license of LFSA is regarded as suspicious clone.

Kubera Markets' homepage

Pros and Cons

ProsCons
Over 1,000 tradable productsLFSA (Suspicious clone)
Demo and Islamic accountsRegional restrictions
Commission-free account offeredNewly established
MT5 trading platform offeredUnclear payment methods
Low minimum deposit
24/7 support

Is KUBERA CAPITAL MARKETS LTD Legit?

No. KUBERA CAPITAL MARKETS LTDs license of the Labuan Financial Services Authority (Labuan FSA) is regarded as suspicious clone one.

Regulatory StatusSuspicious clone
Regulated byLabuan Financial Services Authority (LFSA)
Licensed InstitutionKUBERA CAPITAL MARKETS LTD.
Licensed TypeStraight Through Processing (STP)
Licensed NumberMB/21/0086
Suspicious clone LFSA license

What Can I Trade on KUBERA CAPITAL MARKETS LTD?

KUBERA CAPITAL MARKETS LTD offers over 1,000 tradable instruments including metals, forex, commodities, cryptos, and equities.

Tradable InstrumentsSupported
Forex
Metals
Commodities
Cryptocurrencies
Equities
Indices
Stocks
Bonds
Options
ETFs
What Can I Trade on KUBERA CAPITAL MARKETS LTD?

Account Type

KUBERA CAPITAL MARKETS LTD offers three kinds of live accounts. Besides, it also supports demo accounts for getting familiar with their trading conditions.

Account TypeCLASSICPRIMEULTRA API
MinDeposit$50$50$20,000
Base CurrenciesAUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL
Execution TypeMarketECNECN
Suitable forBeginnersExperienced traders, scalpersProfessional traders, money managers
Account comparison

Fees

Account TypeCLASSICPRIMEULTRA API
SpreadFrom 1.2 pipsFrom 0 pips
Commission$3 per lot per side$1 per lot per side
Trading ProductMin SpreadMarginPrice
AUDJPY0.0170.88%96.36
BTCUSD19.71.32%105144.7
DE301.041.47%20067.13
DJ303.541.99%42379.33
EURJPY0.0150.57%160.5
EURUSD0.000060.44%1.05
GBPUSD0.000090.21%1.26
US303.50.07%42391.1
USDJPY0.0080.35%153.81
Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Web, desktop, mobileExperienced traders
MT4/Beginners
MT5

News

ExposureWikiFX Broker Assessment Series | Is KUBERA CAPITAL MARKETS LTD Reliable?

In this article, we’ll look in-depth at KUBERA CAPITAL MARKETS LTD, examining its key features, fees, safety measures, trading platform, and customer service.

WikiFX
2024-05-15 12:18
WikiFX Broker Assessment Series | Is KUBERA CAPITAL MARKETS LTD Reliable?

User Reviews

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User comment

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Thomas Petit
more than one year
✌✌✌Super love their social trading feature! It's been awesome following the trades of other peeps and making some profits myself. Plus, they offer a VPS which keeps things runnin' smooth, no lag or anything. And let's not forget their customer service - they're always there to help, another big plus.
✌✌✌Super love their social trading feature! It's been awesome following the trades of other peeps and making some profits myself. Plus, they offer a VPS which keeps things runnin' smooth, no lag or anything. And let's not forget their customer service - they're always there to help, another big plus.
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2024-06-28 18:30
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Coisini27485
more than one year
I had a terrible experience with this broker's PAMM due to excessive slippage. My take profit levels and entry prices suffered significant deviations, sometimes as high as 30 pips. This wasn't an issue with other brokers I've used. To make matters worse, my complaints about this slippage weren't addressed, and no compensation was offered. The overall service was disappointing, and I would strongly advise against using this broker.
I had a terrible experience with this broker's PAMM due to excessive slippage. My take profit levels and entry prices suffered significant deviations, sometimes as high as 30 pips. This wasn't an issue with other brokers I've used. To make matters worse, my complaints about this slippage weren't addressed, and no compensation was offered. The overall service was disappointing, and I would strongly advise against using this broker.
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2024-04-16 16:42
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