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Kumo Markets

WikiFX | 2024-10-18 14:36

Abstract:Founded in 2020, Kumo Markets is an unregulated financial company based in Saint Vincent and the Grenadines. It offers 24 crypto currencies, 65 currency pairs, Commodities, and Indices trading with MT4 platform.

Kumo Markets Review Summary
Founded2020
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo Regulation
Market Instruments24 cryptocurrencies, 65 currency pairs, Commodities, Indices
Demo Account❌
LeverageUp to 1:500
EUR/USD Spread1.8 pip (STP Standard)
Trading PlatformsMT4
Minimum Deposit$100
Customer SupportContact form, live chat
Phone: +44 2080950469
Email: support@kumomarkets.com
Address: 65 LONDON WALL, LONDON, ENGLAND, EC2M 5TU. J.JASINSKIO G.16, LT-03163 VILNIUS

Founded in 2020, Kumo Markets is an unregulated financial company based in Saint Vincent and the Grenadines. It offers 24 crypto currencies, 65 currency pairs, Commodities, and Indices trading with MT4 platform.

Kumo Markets' homepage

Pros and Cons

Pros Cons
A wide range of productsNo regulation
Diverse account typesRegional restrictions
Multiple customer support channelsNo demo accounts
Low minimum deposit
Flexible leverage ratios
MT4 platform

Is Kumo Markets Legit?

At present, Kumo Markets lacks valid regulation. Its domain was registered on Feb 8, 2020, and the current status is “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, client Update Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.

Domain information

What Can I Trade on Kumo Markets?

On Kumo Markets, you can trade with 24 crypto currencies, 65 currency pairs, Commodities, and Indices.

Tradable Instruments Supported
Forex✔
CFDs❌
Commodities✔
Indices✔
Cryptocurrencies✔
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on Kumo Markets?

Account Type/Leverage/Spread & Commission

Kumo Markets provides STP Standard, ECN PRO, CORPORATE accounts.

STP StandardECN PROCORPORATE
Minimum Deposit$100$1,000$50,000
LeverageUp to 1:500Up to 1:100
EUR/USD Spread 1.8Nearly 0/
Commission$0$8$6
Account comparison

Trading Platform

Kumo Markets provides MT4 platform available for bith windows and android.

MT4

Deposit and Withdrawal

Kumo Markets supports cryptocurrencies and bank transfers for deposits and withdrawals.

Payment MethodMinimum Deposit AmountMinimum Withdrawal AmountDeposit FeeWithdrawal Fee
Cryptocurrencies100 USD50 USD1%0%
Bank transfers5000 USD/1000 EUR2%0%

Related broker

No Regulation
Kumo Markets
Company name:Kumo Markets Ltd
Score
2.19
Website:https://kumomarkets.com
5-10 years | Suspicious Regulatory License | MT4 Full License | MT5 Full License
Score
2.19

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