WikiFX Review: Kovie- More than 30 complaints within 3 months!

Unavailable Webiste

For some unknown reason, we cannot open Kovie＇s official site (https://www.koviegloba.com/zh-cn/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

About Kovie

Kovie, a trading name of Kovie Global Limited, is allegedly a brokerage company registered in China that claims to provide trading assets on the leading MetaTrader5 trading platform, but the financial services are only available on the Chinese market. As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc

Regulation: Is Kovie legit？

No, Kovie is not a regulated broker. WikiFX has given it a low rating of 1.20/10.

Customer Support

Kovies customer support can be only reached by email: service@koviegloba.com. However, this broker doesn't disclose other more direct contact information like telephone numbers or the company address that most brokers offer.

Complaints/Exposures

On WikiFX, the Exposure consists of feedback from traders. A bad track record of brokers can be checked via Exposure. WikiFXs Exposure function helps you get feedback from other traders and remind you of the risks before it starts.

As of September 13, 2022, the number of complaints received by WikiFX has reached 31 for this broker in the past 3 months. Below are some of them.

The problem that victims complainted the most is the withdrawal rejection. This broker seems to take traders'money away fraudulently, and the vicitms has no way to contact it. (Kovie didn't respond).

Conclusion：

WikiFX advise you to do more research and make yourself comfortable before making a decision. Investing in a wrong broker can be painful as you may never get your money back again. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself.

Click on Kovie' WikiFX page for details