Score

5.32 /10
Average

KVB

United Kingdom

2-5 years

Regulated in Indonesia

Retail Forex License

MT4 Full License

Global Business

High potential risk

C

Add brokers

Comparison

Quantity 30

Exposure

Time Machine
Website

Score

Regulatory Index4.94

Business Index6.69

Risk Management Index0.00

Software Index9.33

License Index5.08

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2025-09-14
  • WikiFX has received a total of 29 user complaints against this broker, please be aware of the risks and do not be scammed!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

I was scammed by this

I was scammed by this platform's spreads, which were often 8 times the normal level. I was trading EUR/USD with KVB. The spread was usually stable at 1.8-2.2 pips, but between May 10th and 15th, it suddenly widened to 14-17 pips, 8 times the normal level. On May 12th, I traded one lot of EUR/USD, and the spread alone cost me $150 (about RM675), while the same position normally costs only $20 (about RM90). Within 5 days, I paid an extra RM2,860 in fees due to the unusual spreads. KVB does not have a local Malaysian forex license. They're truly deceptive, using random advertising to deceive people.

2025-09-01 18:57
Severe Slippage

ความผิดพลาดของ KVB ท

ความผิดพลาดของ KVB ทำลายเงินต้น 78,000 บาทของผม บ้าจริง! ทุกวันผมเทรด USD/THB ตอนตีสาม แต่ความผิดพลาดของ KVB ดูเหมือนจะส่งผลเสียต่อผมตลอด ผมตั้งจุดตัดขาดทุนไว้ที่ 36.10 แต่ตลาดกลับตกลงมาแค่ 36.15 แต่ระบบกลับเทรดที่ 36.42 ความผิดพลาดของ Slippage 27 จุด ส่งผลให้ขาดทุน 5,400 บาท ที่แย่กว่านั้นคือวันศุกร์ ผมตั้งจุด Take Profit ไว้ที่ 41.20 สำหรับ EUR/THB และราคาพุ่งขึ้นไปที่ 41.25 แต่ระบบบังคับให้ผมปิดสถานะที่ 41.08 ความผิดพลาดของ Slippage 17 จุด ทำให้เงินในบัญชีผมหายไป ภายในหนึ่งเดือน เทรดไป 30 ครั้ง 21 ครั้งหลุด เฉลี่ย 23 จุดต่อครั้ง ขาดทุนรวม 78,000 บาท ไร้ยางอายจริงๆ! KVB ไม่มีแม้แต่ทะเบียนบ้าน แต่กลับเช่าออฟฟิศเล็กๆ บนถนนสุขุมวิท แล้วมาหลอกพ่อค้าแม่ค้าในตลาดกลางคืนอย่างเรา การกระทำของ KVB นี่มันจงใจนะ อย่าให้ใครโดนหลอกอีก!

2025-08-28 14:36
Scam

Your Malay customer,

Your Malay customer, claiming to be a "central bank policy analyst," contacted me via WeChat, boasting about having "inside Bank Negara" access and advance knowledge of interest rate policy trends. I foolishly believed your lies and followed your guidance to invest heavily. The so-called "policy signals" you provided were completely fabricated! I later discovered that you specifically released false information during periods of low liquidity, making it impossible for clients to close their positions in time! After my margin call, your Malay customer service representative even claimed "market interpretation errors" and shamelessly promoted their "policy insider service," claiming that for an annual fee of RM20,000, you could obtain "real policy information." This scam, which fabricates policy signals, then lures clients into trading, and then extorts them, is truly outrageous!

2025-08-31 20:32
Others

"Smart Trading Signal"

KVB's "Smart Trading Signals" are like a recipe for disaster! They claim to have a "90% accuracy rate," and I followed them in 18 USD/THB trades, losing 15 of them, totaling 336,000 THB. One signal told me to short sell at 37.10, but USD/THB surged to 37.50, causing a 40-pip slippage that wiped out my account. KVB's calculations sound scarier than Thai tom yum soup! Sometimes they charge 100 THB interest for a long EUR/THB trade, sometimes 800 THB, with no clear pattern. Last month, I checked my transaction history and found they overcharged me 12,000 THB in overnight interest. Customer service said, "The system calculates automatically and cannot be changed." KVB's interest calculations "violate Thailand's foreign exchange trading regulations." Now, I only have 210,000 THB left in my KVB account—can't withdraw it and don't dare to trade either. This platform exploits Thai people by cheating on signal fees and arbitrarily deducting interest.

2025-08-27 17:20
Severe Slippage

The KVB Forex platform

The KVB Forex platform is a "trap" that exploits investors through slippage. From initial small profits to massive losses, it was all thanks to the platform's outrageous slippage and unscrupulous manipulation. The most frustrating trade I've ever made was last month's AUD/USD trade. I placed a short order at 0.6720. The market was clearly stable, but after submitting the order, the actual transaction price was 0.6755, a full 35 pips of slippage! Remember, slippage on legitimate platforms under similar market conditions typically doesn't exceed 8 pips. Even more egregious, on the day the non-farm payroll data was released this month, I set a take-profit order on the USD/CAD at 1.3500, expecting a profit. However, the trade actually closed at 1.3448, a 52 pips slippage that turned my $1,800 profit into a $900 loss. Based on these 30 trades over the past month, I advise all traders to stay away.

2025-09-04 14:51
Unable to Withdraw

KVB, you are deceitful.

KVB, you are truly shameless and deceitful! I've traded Forex before and constantly monitored data on your platform. But every time the market reaches a critical point, your data collapses like a kite with a broken string! The international market shows the EUR/USD exchange rate fluctuating steadily at 1.08, yet your platform suddenly jumps to 1.06, forcing my long position to be liquidated at a loss! When I contacted customer service, they claimed, 'It's due to network latency causing data discrepancies.' How can a 200-pip delay be acceptable? What's even more infuriating is the withdrawal issue! I submitted a withdrawal request two weeks ago, but there's still no response! Every time I contact customer service, they say, 'The financial system is under maintenance' or 'Additional identity verification is required.' I've even submitted government-certified passport documents—how much more verification do they need? You're just making excuses to withhold funds!

2025-08-30 22:06
Severe Slippage

I had a nightmare trading

I had a nightmare trading the USD/MYR currency pair with KVB. The platform advertised "spreads as low as 0 pips" on its ECN accounts, but when I opened a position, the actual spread suddenly soared from the usual 2.3 pips to 18 pips. My RM100,000 principal was instantly wiped out by RM5,400 in fees. Even worse, when the market hit my take-profit point of 4.7200, the platform slipped to 4.6950, forcing a liquidation. My original RM12,000 profit turned into a RM8,300 loss. By the end of June, my RM100,000 principal had lost RM32,000 due to slippage and unusual spreads. I absolutely do not recommend this platform. There are so many pitfalls.

2025-08-31 17:44
Unable to Withdraw

This is the most shameless

This is the most shameless broker I've encountered in my years of trading. Accounts wiped out, customer service disconnected. KVB simply wiped out my $10,000 account! Last month, I went on a three-day business trip. When I logged in, my balance had gone from $10,820 to $0, and all my transaction history was gone. I called customer service 15 times, but no one answered. Now, even their customer service in Malaysia has deleted me. I complained to BNM, but the staff said, "KVB doesn't have a physical presence in Malaysia, so it's difficult to recover." A friend in Ipoh reported that his RM200,000 account was also wiped out. KVB claimed a "system bug caused data loss," but offered no compensation. KVB is a blatant scam. Malaysians, remember this broker and stay away.

2025-08-27 22:50
Unable to Withdraw

KVB, you've gone too

KVB, you've gone too far! I applied for a withdrawal according to the normal process and submitted all the necessary documents. But you've been perfunctory and given all sorts of excuses, simply not letting me withdraw my funds. From the time I submitted my application until now, every time I contacted customer service, I've received meaningless replies, either saying it's under review, or that there's a system problem, or else they've just shifted the blame. No one has been able to truly resolve my issue. Looking at the data you provided, the spreads fluctuate wildly, seriously out of line with normal market conditions. I thought it was a one-off, but later discovered it seems to be a regular occurrence on your platform. Your actions are a complete scam for us investors! The funds I invested were the hard-earned savings of myself and my family, yet you're so brazenly trampling on our trust and preventing us from withdrawing our funds.

2025-08-30 20:19
Unable to Withdraw

KVB, I was so blind to

KVB, I was so blind to choose your platform! When I was trading forex, I strictly followed your data analysis, repeatedly checking its accuracy every time, yet I ended up losing money every time I placed an order! After careful comparison, I discovered that not only were your market data delayed, but you also deliberately manipulated key trading points, changing support levels lower and resistance levels higher, just to force our orders to stop losses early and profit from them! Now I want to stop my losses and withdraw my funds, but you're making it extremely difficult! I've submitted three withdrawal requests, and each time they were rejected with "data anomalies, requiring verification of transaction records." I asked to see the so-called "abnormal data records," but you couldn't produce them and just kept dragging your feet! I called my account manager, but he blocked me. I contacted online customer service, but they either played dead or gave a perfunctory response.

2025-08-30 20:56
Others

I must expose KVB.

I must expose KVB. My US dollar funds were transferred to a jewelry company in Hong Kong and then returned to the platform through an offshore account. When I requested proof of the funds' movement, they refused to provide it and instead froze my account. The platform's overnight fees are ridiculously high. Holding one lot of gold costs $35 per day, five times the industry average. I calculated that overnight fees alone have cost me $18,700. KVB has been fined for "opaque fees" in the CFTC complaint file, yet they continue to operate unchecked. Now my $18,00 is stuck in my account, and customer service says "I must trade another 100 lots before I can withdraw my funds." This is clearly forced trading! It's a massive scam.

2025-08-27 14:07
Scam

Everyone, be warned.

Everyone, be warned. KVB used the lie of "SC regulation" to trick me into depositing RM120,000, and now my account is frozen and I can't withdraw a single cent! Their salesperson used printed "SC registration screenshots" to sell me their account, claiming it was "safe and secure." I fell for it and deposited money into the EUR/MYR market. After only making a profit of RM16,000, my account was locked due to "abnormal trading patterns." Customer service said I needed to pay a 20% "risk margin" to unlock my account. I scraped together RM34,000 and paid it, but I still couldn't access my account. Others who were scammed like me have had as much as RM250,000 frozen. This unlicensed platform should be shut down by the Bank of Japan (BNM). Losing your entire principal due to inability to complete your mission is a clear attempt to legally plunder customer funds.

2025-08-28 14:40
Severe Slippage

I'm a trader from Indonesia,

I'm a trader from Indonesia, and I'm disappointed with KVB's trading environment. The malicious slippage caused me to lose my account due to a major market fluctuation. I had already placed a short position in the EUR/USD market with a stop-loss at 1.1050. However, as soon as the data came out, the price skyrocketed. Normally, my stop-loss would have been triggered around 1.1048, but KVB's transaction price directly hit 1.1067, effectively shutting me out. In all my years of trading, I've never encountered such outrageous slippage on a reputable platform during the non-farm payroll period. Furthermore, KVB's spreads are typically higher than other platforms, with EUR/USD spreads generally ranging from 1.8 to 2.2 pips, while other platforms typically range from 1.2 to 1.5. The quotes are often low when I'm going long, and high when I'm going short. My trading history has resulted in additional losses exceeding $2,300 per month due to this.

2025-08-27 15:36
Unable to Withdraw

Thai customers, please avoid.

Thai customers, please avoid this platform as it consumes a significant portion of the broker's principal. Withdrawing funds is fraught with obstacles. In January 2025, I attempted to withdraw 150,000 baht from KVB but was notified of an 'abnormal account transaction' and required to verify the source of the funds. After submitting my salary slip and bank statement, I was asked to pay a '10% international transfer verification fee.' After paying 15,000 baht, customer service further informed me that 'Thai customers must provide an additional foreign exchange trading license,' a document that does not exist in Thailand. When I requested a refund, my account was suspended. I then contacted the headquarters in Hong Kong, but they responded that 'this matter must be handled by the Thailand branch,' and no one answered the phone. Inquiries with Thai banks revealed that my money had been transferred to a foreign account. If you have been deceived, please withdraw your funds as soon as possible.

2025-08-31 16:31
    KVB · Company summary
    KVBReview Summary
    Founded2023
    Registered Country/RegionComoros
    RegulationAOFA (Offshore), FCA
    Market InstrumentsForex, Indices, Commodities, Shares, Cryptocurrencies
    Demo Account
    LeverageUp to 1:1000
    SpreadFloating from 1.2 pips (Classic account)
    Trading PlatformKVB App, ActsTrade, MetaTrader 4
    Min Deposit$30
    Customer SupportEmail: support@kvbplus.com
    Social Media: Facebook, Instagram, Linkedin, Twitter
    Company Address: Hamchako, Mutsamudu, The Autonomous Island of Anjouan, Union of Comoros

    KVB is an online trading platform based in Comoros. KVB asserts that it provides market instruments such as cryptocurrency, shares, commodities, forex, and indices with leverage of up to 1:1000 via KVB App, ActsTrade, and MetaTrader 4 as trading platforms.

    KVB Review Summary

    Pros & Cons

    ProsCons
    Multiple market instrumentsOffshore regulation
    Copy trading availableLimited payment options
    Various trading plaforms

    Is KVB Legit?

    Yes. KVB is currently regulated by Anjouan Offshore Finance Authority (AOFA) and Financial Conduct Authority (FCA). It also offers negative balance protection for all account types.

    Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberRegulatory Status
    Is KVB Legit?
    Anjouan Offshore Finance Authority (AOFA)KVB Prime LimitedL 15626 / KVBRetail Forex LicenseOffshore Regulated
    Is KVB Legit?
    Financial Conduct Authority (FCA)KVB Europe LtdAppointed Representative (AR)1017430Regulated
    Is KVB Legit?
    Is KVB Legit?

    What Can I Trade on KVB?

    Trading AssetAvailable
    forex
    commodities
    indices
    shares
    cryptocurrencies
    options
    funds
    ETFs
    What Can I Trade on KVB

    Account Type/Leverage/Spread

    FeaturesClassic AccountPlus Account
    Min Deposit$30$10000
    Min Volume Per Trade0.01 lot
    Max Volume Per Trade20 lots
    Max Leverage1:1000
    SpreadFloating from 1.2 pipsFloating from 0 pips

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    ActsTradeDesktop/
    KVB AppMobile/
    MT5Desktop, Mobile, WebExperienced traders
    MT4Desktop, Mobile, WebBeginners
    Trading Platform

    Deposit and Withdrawal

    Deposit Options

    Deposit Option FeeProcessing Time
    Local Bank TransferInstant
    CryptocurrencyInstant

    Withdrawal Options

    Withdrawal Option FeeProcessing Time
    Bank Transfer/Within 2 hours
    Cryptocurrency/Within 2 hours

    News

    NewsKVB: A Closer Look at Its Licences

    When selecting a broker for online trading, it’s important to understand whether the company is properly licensed and monitored by financial authorities. In this article, we will take a closer look at KVB and its licences.

    WikiFX
    2025-06-25 16:26
    KVB: A Closer Look at Its Licences

    ReviewKVB Market Analysis | 2 December

    Product: EUR/USDPrediction: DecreaseFundamental Analysis: The EUR/USD pair is under selling pressure, dropping to around 1.0530 due to a stronger U.S. Dollar in early Asian trading. Investors are awai

    WikiFX
    2024-12-02 12:13
    KVB Market Analysis | 2 December

    ReviewKVB Market Analysis | 29 Nov: USD/JPY Declines on Tokyo CPI Surge and BoJ Rate Hike Speculation

    Product: XAU/USDPrediction: IncreaseFundamental Analysis: On Friday morning (November 29), spot gold prices quickly rebounded from a daily low of $2,633.85 per ounce, reaching a high of $2,645.52. Gol

    WikiFX
    2024-11-29 11:14
    KVB Market Analysis | 29 Nov: USD/JPY Declines on Tokyo CPI Surge and BoJ Rate Hike Speculation

    ReviewKVB Market Analysis | 28 Nov: Gold Prices Decline as Rising Personal Income Impacts XAU/USD

    Product: XAU/USDPrediction: DecreaseFundamental Analysis: Gold prices fell from their daily high as sellers took control, raising the risk of further decline. The main reason for the drop is rising pe

    WikiFX
    2024-11-28 11:26
    KVB Market Analysis | 28 Nov: Gold Prices Decline as Rising Personal Income Impacts XAU/USD

    User Reviews

    More

    User comment

    99

    Comments

    Write a review

    FX2714608512
    0-3months
    The KVB Forex platform is a "trap" that exploits investors through slippage. From initial small profits to massive losses, it was all thanks to the platform's outrageous slippage and unscrupulous manipulation. The most frustrating trade I've ever made was last month's AUD/USD trade. I placed a short order at 0.6720. The market was clearly stable, but after submitting the order, the actual transaction price was 0.6755, a full 35 pips of slippage! Remember, slippage on legitimate platforms under similar market conditions typically doesn't exceed 8 pips. Even more egregious, on the day the non-farm payroll data was released this month, I set a take-profit order on the USD/CAD at 1.3500, expecting a profit. However, the trade actually closed at 1.3448, a 52 pips slippage that turned my $1,800 profit into a $900 loss. Based on these 30 trades over the past month, I advise all traders to stay away.
    The KVB Forex platform is a "trap" that exploits investors through slippage. From initial small profits to massive losses, it was all thanks to the platform's outrageous slippage and unscrupulous manipulation. The most frustrating trade I've ever made was last month's AUD/USD trade. I placed a short order at 0.6720. The market was clearly stable, but after submitting the order, the actual transaction price was 0.6755, a full 35 pips of slippage! Remember, slippage on legitimate platforms under similar market conditions typically doesn't exceed 8 pips. Even more egregious, on the day the non-farm payroll data was released this month, I set a take-profit order on the USD/CAD at 1.3500, expecting a profit. However, the trade actually closed at 1.3448, a 52 pips slippage that turned my $1,800 profit into a $900 loss. Based on these 30 trades over the past month, I advise all traders to stay away.
    Translate to English
    2025-09-04 14:51
    Reply
    0
    0
    FX3998959914
    0-3months
    I was scammed by this platform's spreads, which were often 8 times the normal level. I was trading EUR/USD with KVB. The spread was usually stable at 1.8-2.2 pips, but between May 10th and 15th, it suddenly widened to 14-17 pips, 8 times the normal level. On May 12th, I traded one lot of EUR/USD, and the spread alone cost me $150 (about RM675), while the same position normally costs only $20 (about RM90). Within 5 days, I paid an extra RM2,860 in fees due to the unusual spreads. KVB does not have a local Malaysian forex license. They're truly deceptive, using random advertising to deceive people.
    I was scammed by this platform's spreads, which were often 8 times the normal level. I was trading EUR/USD with KVB. The spread was usually stable at 1.8-2.2 pips, but between May 10th and 15th, it suddenly widened to 14-17 pips, 8 times the normal level. On May 12th, I traded one lot of EUR/USD, and the spread alone cost me $150 (about RM675), while the same position normally costs only $20 (about RM90). Within 5 days, I paid an extra RM2,860 in fees due to the unusual spreads. KVB does not have a local Malaysian forex license. They're truly deceptive, using random advertising to deceive people.
    Translate to English
    2025-09-01 18:57
    Reply
    0
    0
    30