Score

1.48 /10
Danger

KVB Kunlun

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

Hong Kong Dealing in futures contracts Revoked

Suspicious Overrun

High potential risk

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.77

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

KVB Kunlun Asset Management (HK) Limited

Company Abbreviation

KVB Kunlun

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • China Hong Kong SFC (license number: AQG528) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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KVB Kunlun · Company summary
KVBReview Summary
Founded2006
Registered Country/RegionHong Kong
RegulationSFC (Revoked)
Market Instruments30 currency pairs, precious metals, global stock index, commodity CFDs
Demo Account
LeverageUp to 1:200
EUR/USD SpreadFrom 2.1 pips
Trading PlatformForexStar 4
Min Deposit$1,000
Customer SupportTel: +852 3701 8188
Email: hkamc@kvbamc.com
Address: 27/F, 28 Hennessy Road, Admiralty, Hong Kong

KVB Information

Founded in 2006, KVB is an unregulated broker registered in Hong Kong, offering trading in 30 currency pairs, precious metals, global stock index, and commodity CFDs with leverage up to 1:200 and spread from 2.1 pips through the ForexStar 4 trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $1,000.

KVB's homepage

Pros and Cons

Pros Cons
Various trading productsInaccessible website
Demo accountsRevoked SFC license
Multiple account typesWide spreads
Popular payment optionsNo MT4/MT5 platform
High minimum deposit requirement

Is KVB Legit?

No, KVB currently has no valid regulations. It only holds two revoked SFC licenses.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Hong Kong
Securities and Futures Commission of Hong Kong (SFC)RevokedKVB Kunlun Securities (HK) LimitedDealing in futures contractsAQG528
Revoked SFC license
Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Securities and Futures Commission of Hong Kong (SFC)RevokedKVB Kunlun Asset Management (HK) LimitedCommon Financial Service LicenseBQK571
Revoked SFC license

What Can I Trade on KVB?

Tradable Instruments Supported
Currency pairs
Precious metals
Global stock index
Commodity CFDs
Cryptocurrencies
Bonds
Options
ETFs

Account Type

Here are two account types KVB offers:

Account TypeMin Deposit
Mini $1,000
Standard$5,000

Leverage

KVB offers a max leverage of 1:200. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

KVB Fees

Account TypeEUR/USD SpreadCommission
Mini From 2.1 pips$2 per standard lot round turn
StandardFrom 2.1 pips/

Trading Platform

Trading PlatformSupported Available Devices Suitable for
ForexStar 4Web/
MT4Beginners
MT5Experienced traders

Deposit and Withdrawal

The broker only accepts payments via credit/debit card, bank wire and telegraphic transfer.

No minimum withdrawal amount defined and no fees or charges specified.

User Reviews

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User comment

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Comments

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Gluer
more than one year
They engage in fraudulent practices, and it's high time authorities investigate them thoroughly. This kind of scammy broker should vanish from the market.
They engage in fraudulent practices, and it's high time authorities investigate them thoroughly. This kind of scammy broker should vanish from the market.
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2024-02-07 17:55
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FX1455602381
more than one year
KVB Kunlun, to be frank, didn't quite match up to my expectations. As an experienced trader, platform accessibility is something I consider crucial and unfortunately, I didn't find their platform very intuitive for a smooth trading experience.
KVB Kunlun, to be frank, didn't quite match up to my expectations. As an experienced trader, platform accessibility is something I consider crucial and unfortunately, I didn't find their platform very intuitive for a smooth trading experience.
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2023-09-22 15:35
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