Abstract: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.
Note: For some unknown reason, we cannot open Kovies 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.
General Information & Regulation
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.
As for regulation, it has been verified that Kovie does not fall under any valid regulations. Also, the broker receives a lot of complaints. That is why its regulatory status on WikiFX is listed as “Complaints” and it receives a relatively low score of 1.19/10. Please be aware of the risk.
Negative Reviews
Some traders shared their terrible trading experience in the Kovie platform at WikiFX. They said they were unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.
Trading Platform Available
The platform available for trading at Kovie is the worlds most trusted and popular MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Customer Support
Kovie‘s 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.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Axi launches the Edge Score Explainer, a tool providing traders with real-time insights, personalized metrics, and actionable data to enhance trading performance.
eToro plans a $5B U.S. IPO in 2025, shifting focus from London to the U.S. market. Discover details on eToro's valuation, SEC filing, and future in fintech.
On 21 January, 2025, the Financial Conduct Authority (FCA), the UK's primary financial regulator, expanded its warning list to include 10 additional unregulated forex brokers. The FCA warning lists, updated on a daily basis, remain an important tool intended not only to protect consumers but also to alert the financial services industry. When an FCA warning emerges, it signals red flags like unsolicited investment pitches, promises of unrealistic returns, or pressure tactics. The addition of these 10 new entities comes amid growing concerns over the rise of unauthorized forex trading platforms, particularly those operating through overly complex online interfaces yet riddled with bugs and aggressive social media marketing campaigns. Let's catch a glimpse of those on the list.
Vantage Markets extends Deposit Bonus for Copy Trading Accounts lets you trade smarter. Enjoy bonus capital, profit-sharing, and intuitive trading tools today!