Ikhtisar:KVB Kunlun Pty Ltd, based in the United Kingdom, offers a range of market instruments, including forex, commodities, shares, indices, and cryptocurrencies. However, the company's regulatory status in Hong Kong and New Zealand raises concerns, with potential irregularities and violations indicated. Numerous complaints and suspicious clone listings contribute to its flagged status as a potential risk and scam. KVB PRIME provides two account options with different spreads and minimum deposit requirements. The company offers high leverage and aims to minimize the difference between buying and selling prices. KVB utilizes the widely recognized MetaTrader 4 (MT4) trading platform and provides a mobile app for convenient trading. Trading tools include insights, technical analysis, and real-time quotes, while educational resources aim to enhance traders' understanding of the forex market. Customer support is available through various channels, although reviews on WikiFX highlight numerous comp
Aspect | Information |
Registered Country | United Kingdom |
Founded Year | 5-10 years |
Company Name | KVB KUNLUN PTY LTD |
Regulation | Revoked (Hong Kong), Suspicious clone (New Zealand) |
Minimum Deposit | 1 USD |
Maximum Leverage | 1:800 |
Spreads | Minimum spread of 0 |
Trading Platforms | MetaTrader 4, KVB Prime App |
Tradable Assets | Forex, Commodities, Shares, Indices, Cryptocurrencies |
Account Types | PRIME account, ECN account |
Demo Account | Available |
Islamic Account | Not mentioned |
Customer Support | Email, phone, live chat, help center, contact form |
Payment Methods | PayTrust, USDT |
Educational Tools | Insights, technical analysis, real-time quotes, Forex Glossary, Trading for Beginners, Education Videos |
KVB KUNLUN PTY LTD is a company based in the United Kingdom that offers market instruments such as Forex, Commodities, Shares, Indices, and Cryptocurrencies. However, it is important to note that there are regulatory concerns surrounding KVB. Regulatory bodies in Hong Kong and New Zealand have revoked or exceeded its regulatory status, and the company is flagged as a potential risk or scam. There are numerous complaints against KVB, indicating potential irregularities or violations.
KVB PRIME provides two account options: the PRIME account and the ECN account. The PRIME account has no specific deposit limit, while the ECN account requires a minimum deposit of 2000 USD. KVB offers a floating leverage of 1:800 and aims to minimize the difference between buying and selling prices with a minimum spread of 0. The minimum deposit is 1 USD, and the maximum is 10,000 USD.
KVB offers the widely recognized MetaTrader 4 (MT4) trading platform, known for its intuitive user interface and customizable features. They also provide the KVB Prime App for mobile trading convenience. The company offers trading tools such as insights, technical analysis, and real-time quotes to assist traders in making informed decisions. They provide educational resources, including a Forex Glossary, Trading for Beginners section, and educational videos.
Despite these offerings, it is crucial to consider the regulatory concerns and numerous complaints against KVB. The negative reviews from users suggest potential issues with fund withdrawals and fraudulent practices. It is recommended to approach KVB with caution and explore alternative options for trading platforms.
KVB KUNLUN PTY LTD offers access to a wide range of financial instruments, including Forex, Commodities, Shares, Indices, and Cryptocurrencies. They provide a demo account for users to practice trading, and their high floating leverage ratio of 1:800 allows for greater control over positions with a smaller capital investment. The minimum deposit requirement is only 1 USD, and they offer competitive spreads starting from 0.0 pips. KVB also provides popular trading platforms such as MetaTrader 4 and their own KVB Prime App. They offer insights, technical analysis, and real-time quotes to assist traders in making informed decisions. However, it is important to note that there have been regulatory irregularities associated with KVB, including listings as suspicious clones by authorities. Limited information on account types and payment methods, potential restrictions on withdrawals, and numerous complaints and potential scams are among the cons to consider.
Pros | Cons |
Access to Forex, Commodities, Shares, Indices, and Cryptocurrencies | Regulatory irregularities |
Demo account available | Suspicious clone listings by authorities |
High floating leverage (1:800) | Limited information on account types |
Minimum deposit of 1 USD | Limited information on fixed |
Spreads from 0.0 pips | Limited payment methods provided |
Provides MetaTrader 4 and KVB Prime App | Potential restrictions on withdrawals |
Offers insights, technical analysis, and real-time quotes | Numerous complaints and potential scams |
KVB Kunlun Securities and KVB Kunlun Asset Management in Hong Kong are regulated by the Securities and Futures Commission of Hong Kong. However, their current regulatory status is mentioned as “Revoked” and “Exceeded” respectively, indicating potential irregularities or violations. KVB Kunlun Securities in New Zealand is also listed as a suspicious clone by the Financial Markets Authority, and KVB Kunlun Securities (NZ) Limited is listed as a suspicious clone by the Financial Service Providers Register. Additionally, there are a significant number of complaints against these brokers, and they are flagged as potential risks and scams.
Forex: The Forex market is a global marketplace where currencies are traded based on their relative value. Examples of currency pairs include AUDCAD, AUDCHF, AUDJPY, AUDNZD, and AUDUSD. The market operates around the clock, with global financial centers like London, Hong Kong, and New York serving as meeting points for buyers and sellers.
Commodities: Commodities represent the natural resources traded worldwide and form the foundation of the global economy. Examples of commodity instruments include XAGUSD (Silver), XAUUSD (Gold), USOIL (WTI Crude Oil Spot), and UKOIL (Brent Crude Oil Spot). These instruments are traded with specific spreads, leverage ratios, swap values, and trading hours.
Shares: With the rise of CFDs (Contracts for Difference), trading shares has become more popular as it allows individuals to profit from share trading without owning the actual shares. Examples of share instruments include #AAPL (Apple Inc), #AMD (Advanced Micro Devices Inc), #AMZN (Amazon.com Inc), #AVGO (Broadcom), and #BA (Boeing Company). These instruments have spreads, leverage ratios, and specific trading hours.
Indices: Indices are benchmarks of specific markets and represent the overall performance of the largest listed companies in an economy. Examples of index instruments include DAX (German Stock Index), NIKKEI (NIKKEI Index), HSI (Heng Seng Index), NAS100 (Nasdaq Index), DOW (Dow Jones Index), SPX500 (Standard & Poor Index), and FTSE100 (Financial Times Stock Exchange 100 Index). These instruments have spreads, leverage ratios, swap values, and specific trading hours.
Cryptocurrencies: Cryptocurrencies are digital or virtual currencies that use cryptography for security. Examples of cryptocurrency instruments include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH). These instruments have specific spreads, leverage ratios, and trading hours.
Pros and Cons
Pros | Cons |
Wide range of currency pairs available for trading | Lack of flexibility in trading hours for certain instruments |
Access to global commodity markets | Limited availability of certain share instruments |
Opportunity to trade CFDs on popular shares | Higher volatility and risks associated with cryptocurrencies |
KVB PRIME offers two types of account options: the PRIME account and the ECN account. The PRIME account has no specific limit on the initial deposit amount, while the ECN account requires a minimum deposit of 2000 USD. In terms of spreads, the PRIME account offers standard spreads, while the ECN account provides ultra-low spreads. Additionally, KVB PRIME offers a demo account, which allows users to practice trading for a duration of one month.
Pros and Cons
Pros | Cons |
No specific limit on initial deposit for PRIME account | ECN account requires a minimum deposit of 2000 USD |
ECN account offers ultra-low spreads | No specific information provided about other features or benefits |
Demo account available for practice trading (one month duration) | Limited practice duration of one month for the demo account |
To open an account with KVB, follow these steps:
Visit the KVB website or platform.
Click on the “Create Account”button.
Select your country or region from the provided options.
Enter your email address in the designated field.
Click on the “Send Verification Code” button to receive a verification code to your email.
Check your email and retrieve the verification code.
Enter the verification code in the required field.
Click on the “Register Now” button to proceed.
Follow any additional prompts or instructions provided by KVB to complete the account registration process.
KVB offers a floating leverage of 1:800. This high leverage ratio enables traders to control larger positions in the market with a comparatively smaller amount of capital.
KVB offers a minimum spread of 0. The spread refers to the difference between the buying and selling prices of a financial instrument. By providing a minimum spread of 0, KVB aims to minimize the difference between these prices.
The minimum deposit amount for KVB is 1 USD, while the maximum amount is 10,000 USD. Please note that these figures are standard and may vary based on the specific terms and conditions set by the bank for individual users.
Deposit: KVB PRIME offers various deposit methods, including PayTrust and USDT. To make a deposit, users need to log in to the User Centre and access the wallet menu. They can then click on the 'deposit' option and choose the desired amount and deposit method. There are no charges for making a deposit, but the net amount of funds received may be affected by the exchange rate if not deposited in USD. Deposits generally arrive in real time.
Withdraw: KVB PRIME provides multiple withdrawal methods, such as USDT. To initiate a withdrawal, users must log in to the User Centre and select the 'wallet' option. From there, they can click on 'withdrawal,' specify the desired amount and withdrawal method. Withdrawals generally arrive within 1-3 working days, and small withdrawals via digital currency NB will arrive within 24 hours. Depending on the chosen withdrawal method, there may or may not be charges involved. The standard minimum withdrawal amount is 1 USD, and for withdrawals below 100 USD, the application should be submitted on the 10th of the month or the next working day if the 10th is not a working day. KVB PRIME does not accept third-party deposits, and if any such deposits are detected, they will be refunded with a 5% charge, and the source of the funds may be investigated.
Pros and Cons
Pros | Cons |
Multiple deposit methods | Charges may apply for certain withdrawal methods |
Real-time deposit processing | Limited payment methods provided |
Refund of third-party deposits incurs a 5% charge | |
Minimum withdrawal amount is 1 USD | |
Third-party deposits are not accepted |
MetaTrader 4 (MT4) is a widely recognized and commonly used trading platform offered by KVB. It is known as the industry standard due to its intuitive user interface and customizable features. Traders can utilize MT4 to analyze quote dynamics, view multiple charts simultaneously, and overlay analytical objects. The platform comes with preprogrammed analytical tools and offers over 50 built-in indicators. MT4 is available for download on various operating systems, including Windows, Android, iOS, and Mac.
KVB Prime App is a mobile trading software developed by KVB, designed to provide a convenient trading experience. With this app, customers can access market quotations, charts, account management features, and perform transactions on the go. It offers features such as price change reminders, quick position opening, and one-click closing of all positions in the same direction. The app also provides exclusive account management options, allowing traders to customize trading products, group them, and facilitate real-time settlement of funds. Additionally, the app offers the latest trading dynamics and market news push notifications to help traders seize market opportunities. It provides fast access services, including a variety of payment methods available for 24-hour business processing.
Feature | Pros | Cons |
MetaTrader 4 | Widely recognized and commonly used, intuitive user interface, customizable features, preprogrammed analytical tools, over 50 built-in indicators, available on various operating systems | Not the most recent version of MT4, some features may not be available on mobile devices |
KVB Prime App | Convenient trading experience, access to market quotations, charts, account management features, and perform transactions on the go, price change reminders, quick position opening, one-click closing of all positions in the same direction, exclusive account management options, latest trading dynamics and market news push notifications, fast access services | Not the most comprehensive trading platform, some features may not be available on all devices |
KVB Kunlun offers a range of trading tools, including insights, technical analysis, and real-time quotes, to assist traders in making informed decisions in the financial markets.
Insights: The trading platform provides insights into various topics related to the financial markets and global events. These insights cover diverse subjects such as political changes, the value of gold to investors, and trading strategies using support and resistance levels. The information is presented in a neutral tone, providing users with valuable knowledge to make informed trading decisions.
Technical Analysis: The platform offers technical analysis for forex, shares, indices, and commodities. Traders can find current and future price predictions for different currency pairs like USD/SGD, NZD/USD, GBP/JPY, EUR/JPY, EUR/GBP, AUD/JPY, and EUR/NZD. The analysis includes potential scenarios based on support and resistance levels, allowing traders to gauge possible price movements for their chosen assets.
Quote: The trading platform provides real-time quotes for various financial instruments, including stocks like #MGM and GBPCAD, as well as cryptocurrencies like BCHUSD and LTCUSD. Traders can monitor the current prices and short-term price fluctuations for different time periods, ranging from 5 minutes to monthly intervals.
Feature | Pros | Cons |
Insights | Provides neutral and informative insights into various topics related to the financial markets and global events. | The insights are not always timely or up-to-date. |
Technical analysis | Offers technical analysis for forex, shares, indices, and commodities. | The analysis is not always comprehensive or accurate. |
Real-time quotes | Provides real-time quotes for various financial instruments. | The quotes are not always available for all instruments. |
KVB provides educational resources for traders to enhance their understanding of the forex market. The Forex Glossary section offers a comprehensive collection of terms and definitions related to forex trading. It serves as a reference guide for traders to familiarize themselves with industry-specific terminology.
The Trading for Beginners section is designed to introduce novice traders to the world of forex trading. It covers essential topics such as the basics of the forex market, the role of forex brokers, and the concept of currency pairs. Traders can gain insights into the interbank market, which operates 24 hours a day, five days a week, facilitating global currency transactions.
The Education Videos section provides informative videos that cover various trading guidelines and offer insights into the company's brand. These videos serve as a visual resource to complement the written educational materials, allowing traders to learn through engaging visual content.
Additionally, the educational resources delve into more advanced topics such as understanding currency pairs, forex trading strategies, and technical indicators. Traders can explore topics like candlestick charts, bar charts, line charts, and technical indicators like moving averages, Bollinger Bands, stochastic indicators, MACD, relative strength index, and alligator oscillators. These resources aim to equip traders with the knowledge to make informed trading decisions based on technical analysis.
KVB provides customer support services through various channels. For Greater China, customers can reach out via email at support@kvbprime.com or call 400 - 886 - 7005 during service hours from 07:30 to 23:00 (UTC+8). European customers can also contact support via email at the same address. Additionally, KVB offers live chat support and a comprehensive Help Center that provides answers to frequently asked questions about their platforms, products, and services. If you have any inquiries about KVB PRIME's services, you can easily send them a message through their contact form.
The reviews of KVB on WikiFX indicate numerous complaints from investors. Many users reported being unable to withdraw their funds and described the platform as a fraud. Some reviewers mentioned adverse recommendations from KVB teachers and the platform's restriction on withdrawals. There were also allegations of scamming, account cancellations, high spreads, and funds being flowed into private accounts. Some reviewers called for action from relevant authorities to prevent further victims from being trapped. Overall, the reviews paint a negative picture of KVB, with users advising others to stay away from the platform.
In conclusion, KVB Kunlun Pty Ltd has faced regulatory issues and is flagged as a potential risk or scam by authorities in various countries. There have been numerous complaints against the company, raising concerns about fund withdrawals and fraudulent practices. While KVB offers a range of market instruments, account types, and trading platforms, the negative reviews from users suggest a lack of trust and reliability. Traders should exercise caution and consider alternative options when selecting a brokerage firm.
Q: Is KVB a legitimate company?
A: KVB's regulatory status is revoked or exceeded in Hong Kong and flagged as suspicious in New Zealand. There are also numerous complaints and potential risks associated with KVB.
Q: What financial instruments can I trade with KVB?
A: KVB offers trading in forex, commodities, shares, indices, and cryptocurrencies.
Q: What types of trading accounts does KVB offer?
A: KVB PRIME offers PRIME and ECN accounts, with different deposit requirements and spreads.
Q: What leverage does KVB offer?
A: KVB offers a floating leverage of 1:800.
Q: What are the minimum and maximum deposit amounts for KVB?
A: The minimum deposit is 1 USD, and the maximum deposit is 10,000 USD.
Q: How can I deposit and withdraw funds with KVB?
A: KVB PRIME offers various deposit and withdrawal methods, including PayTrust and USDT. The process can be done through the User Centre.
Q: What trading platforms does KVB provide?
A: KVB offers MetaTrader 4 (MT4) and the KVB Prime App for mobile trading.
Q: What trading tools are available with KVB?
A: KVB offers insights, technical analysis, and real-time quotes to assist traders in making informed decisions.
Q: Does KVB provide educational resources for traders?
A: Yes, KVB offers a Forex Glossary, Trading for Beginners section, educational videos, and advanced topics to enhance traders' understanding.
Q: How can I contact KVB's customer support?
A: You can reach KVB's customer support via email, phone, live chat, or their contact form.
Q: What do the reviews say about KVB?
A: Reviews indicate numerous complaints, including withdrawal issues, fraud allegations, high spreads, and unfavorable recommendations. Users advise caution when dealing with KVB.
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