KVB Broker Review

History and Founding

KVB (KVB Kunlun Financial Group) was founded in 2009 with the aim of providing retail traders access to global financial markets. The company operates under a global regulatory framework and strives to offer efficient, transparent, and reliable services for forex and CFD traders worldwide.

Mission and Vision

KVB's mission is to deliver exceptional trading conditions to clients through advanced technology, competitive pricing, and personalized customer service. Its vision is to become a trusted leader in the global trading market, helping traders achieve their financial goals with ease and security.

Global Presence

With offices in key financial hubs such as Hong Kong, Australia, and the United Kingdom, KVB serves clients across the globe. The company’s multilingual support and international presence allow it to cater to a diverse client base, offering localized services tailored to specific market needs.

Advantages and Disadvantages

Key Strengths vs. Areas for Improvement

Pros

• Top-tier ASIC license and overseeing
• Competitive transparent trading fees and spreads
• Fast execution
• Access to MT4 bridging
• Available for international trading

Cons

• Limited number of trading instruments
• No 24/7 customer support
• Conditions might vary based on the entity

Security and Regulations

Licenses Held

KVB is regulated by the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), and the Hong Kong Securities and Futures Commission (SFC), ensuring a high level of security and compliance with international standards.

Fund Segregation and Insurance

Client funds are held in segregated accounts with top-tier banks to ensure their safety. Additionally, eligible clients are covered by insurance schemes and compensation funds as required by the relevant regulatory authorities.

Tradable Instruments

Forex Pairs

KVB offers a wide range of forex pairs, including major, minor, and exotic currencies. Traders can take advantage of tight spreads and deep liquidity on over 50 forex pairs.

Commodities

Trade CFDs on commodities like gold, silver, crude oil, and agricultural products, all with competitive spreads and high liquidity, enabling diverse portfolio options.

Indices

KVB provides access to global indices such as the S&P 500, FTSE 100, and Nikkei 225, offering traders the ability to speculate on global economic trends.

Cryptocurrencies

While KVB’s focus is on forex and commodities, the broker offers limited cryptocurrency trading, allowing traders to participate in the digital assets market.

Account Types

Fees and Charges

Spreads and Commissions

Spreads start from 1.0 pip on Standard Accounts, with no commission fees. The ECN Account offers raw spreads from 0.0 pips with a commission charge of $7 per lot per side.

Swap Rates

Swap rates apply for positions held overnight, and can vary depending on the instrument. Islamic accounts are swap-free to comply with Sharia law.

Inactivity Fees

KVB charges an inactivity fee for accounts that remain dormant for more than 90 days. The fee is deducted from the account balance as outlined in the broker’s terms and conditions.

Trading Platforms

MetaTrader 4

KVB offers MetaTrader 4, one of the most popular trading platforms in the industry. MT4 provides advanced charting, automated trading with Expert Advisors (EAs), and a user-friendly interface.

WebTrader

KVB’s WebTrader allows traders to access their accounts directly from any browser, offering a seamless trading experience without needing to download software.

Mobile Trading Apps

In addition to desktop platforms, KVB offers mobile trading apps for iOS and Android devices, allowing traders to manage their accounts and execute trades while on the move.

Customer Support

Steps to Register

To open an account with KVB, simply visit the broker’s website, fill out the registration form, and submit the required documents for verification. The process is quick and easy.

Verification Requirements

KVB requires proof of identity (passport or national ID) and proof of address (utility bill or bank statement) for all account types to comply with regulatory standards.

Deposits and Withdrawals

Payment Methods

KVB supports a range of payment methods including credit/debit cards, bank transfers, and popular e-wallets such as Skrill and Neteller for deposits and withdrawals.

Processing Times

Deposits are usually processed instantly, while withdrawals typically take 1-5 business days depending on the payment method and the client’s location.

Associated Fees

There are no deposit fees, but withdrawal fees may apply depending on the payment method used. Check the broker’s website for detailed fee information.

FAQ

Is the broker regulated?

Yes, KVB is regulated by top-tier authorities such as the FCA in the UK, ASIC in Australia, and the SFC in Hong Kong.

What trading platforms are available?

KVB offers MetaTrader 4, WebTrader, and mobile trading apps for iOS and Android devices.

What is the minimum deposit required to open an account?

The minimum deposit for a Standard Account is $100, while the ECN Account requires a minimum deposit of $500.

What types of accounts does the broker offer?

KVB offers Standard, ECN, Islamic, and demo accounts to meet the diverse needs of traders.

What fees and commissions are charged?

Spreads start from 1.0 pip, and ECN accounts charge a $7 commission per lot per side. Inactivity fees apply after 90 days of no trading activity.

What is the maximum leverage available?

Leverage up to 1:500 is available, depending on the instrument and regulatory constraints.

Are demo accounts available?

Yes, KVB offers demo accounts with virtual funds, allowing traders to practice their strategies risk-free.

How can I contact customer support?

Customer support is available through live chat, email, and phone. The support team is responsive and offers assistance in multiple languages.