Score
KVB PRIME
United Kingdom|5-10 years| https://kvbprime.co.uk/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
China 2.64Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed KVB PRIME also viewed..
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Total Margin Trend
| VPS Region | User | Products | Closing time |
|---|---|---|---|
 Frankfurt | 280*** | USOIL.e | 12-03 04:40:53 |
 London | 258*** | FTSE100 | 11-20 11:28:17 |
| London | 471*** | EURGBP.e | 11-20 16:50:49 |
Stop Out
0.70%
Stop Out Symbol Distribution
6 months
Sources
Language
Mkt. Analysis
Creatives
WikiResearchWebsite
kvbinvite.com
Server Location
United States
Website Domain Name
kvbinvite.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2019-03-14
Server IP
172.67.159.36
-
kvbprime.cc
Server Location
United States
Website Domain Name
kvbprime.cc
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2019-02-21
Server IP
104.21.24.249
-
kvbprime.asia
Server Location
Hong Kong
Website Domain Name
kvbprime.asia
Server IP
47.52.24.107
Company Summary
| Aspect | Information |
| Registered Country/Area | Samoa |
| Founded Year | 1-2 years |
| Company Name | KVB PRIME Limited |
| Regulation | Not regulated |
| Minimum Deposit | USD 1 |
| Maximum Leverage | Up to 1:800 |
| Spreads | Starting from 0 pips |
| Trading Platforms | MetaTrader 4 (MT4), KVB PRIME APP, COPYTRADE |
| Tradable Assets | Forex, Commodities, Shares, Indices, Cryptocurrencies |
| Account Types | Prime Account, ECN Account, Demo Account |
| Demo Account | Available |
| Islamic Account | Not mentioned |
| Customer Support | Email, phone (for Greater China and European clients), live chat, contact form |
| Payment Methods | Bank card, NB deposits, USDT deposits |
| Educational Tools | Real-time market quotes, insights, technical analysis, forex trading basics, educational videos |
| Promotions | Gold Trading Race promotion |
| Inactivity Fee | USD 10 deducted after 181 consecutive inactive days |
Overview of KVB PRIME
KVB PRIME is a relatively new trading platform based in Samoa, operating for 1-2 years. It operates without regulatory oversight.
The platform offers a range of trading instruments, including Forex, commodities, shares, indices, and cryptocurrencies. However, the absence of regulation may impact the safeguards and protections available to traders.
KVB PRIME provides different account types, including PRIME and ECN accounts, with various leverage options. Additionally, a demo account is available for practice. The platform offers a mobile trading app, MetaTrader 4, and a copy trading service.
Pros and Cons
| Pros | Cons |
| Provides Forex, Commodities, Shares, Indices, and Cryptocurrencies | Lack of regulatory oversight, potentially limited safeguards |
| Leverage options up to 1:800 | Imposition of an inactivity fee after 181 consecutive inactive days |
| Spreads starting at 0 pips | Minimum withdrawal amounts and potential delays for large withdrawals |
| Multiple trading platforms available | Limited types of payment methods |
Is KVB PRIME Legit?
KVB PRIME operates without regulatory oversight, which means it lacks formal supervision by financial authorities or governing bodies. This absence of regulation can pose potential risks to traders and investors, as there may be limited safeguards and protections in place compared to regulated entities.
Market Instruments
FOREX:
KVB PRIME offers a selection of Forex (Foreign Exchange) instruments, including AUDCAD, AUDCHF, and AUDJPY. These instruments enable traders to engage in global currency trading, capitalizing on fluctuations in currency values. Each Forex instrument comes with its own spread, leverage ratio, and trading hours, providing traders with options to suit their trading strategies and preferences.
COMMODITIES:
KVB PRIME provides access to the commodities market through instruments like XAGUSD (Silver) and XAUUSD (Gold). These commodities can be traded with varying spreads and leverage ratios. Traders can take advantage of price movements in precious metals, diversifying their portfolios and potentially benefiting from market volatility.
SHARES:
The platform also offers shares of well-known companies like Apple Inc (#AAPL), Advanced Micro Devices Inc (#AMD), Amazon.com Inc (#AMZN), and Broadcom (#AVGO). These share instruments feature consistent spreads and leverage ratios, allowing traders to invest in the stock market and participate in the performance of these companies.
INDICES:
Indices such as DAX (German Stock Index), NIKKEI (NIKKEI Index), and HSI (Heng Seng Index) are available for trading on KVB PRIME. These instruments represent the performance of specific stock markets and provide traders with exposure to broader market trends. Each index instrument has its own spread, leverage ratio, and trading hours.
CRYPTOCURRENCIES:
KVB PRIME offers a selection of cryptocurrencies, including AVAXUSD (Avalanche), BCHUSD (BitCoin Cash), BNBUSD (BNB), and BTCUSD (BitCoin). These cryptocurrency instruments feature fixed percentage-based swap rates and trading schedules, allowing traders to participate in the fast-moving and dynamic crypto markets.
Account Types
PRIME ACCOUNT:
The PRIME account type is a versatile option suitable for both novice and experienced traders. It offers a wide range of leverage options, including 1:100, 1:200, 1:400, and 1:800. This account operates on Market Execution and features a floating spread starting from 1.5 pips. The Stop Out level for PRIME accounts is set at 100%.
ECN ACCOUNT:
The ECN account type requires an initial deposit of 2000 USD and offers leverage options of 1:100, 1:200, 1:400, and 1:800. Similar to the PRIME account, ECN operates on Market Execution but provides a floating spread starting from 0 pips. The Stop Out level for ECN accounts is also set at 100%.
Additionally, KVB PRIME offers a demo account with virtual funds, allowing users to practice trading on the platform without financial risk. Creating a demo account is a straightforward process through the MT4 platform, with server selection as KVBPrimeLimited-Demo.
Leverage
KVB PRIME offers a floating leverage option with a maximum ratio of 1:800.
Spreads
KVB PRIME offers spreads starting at a minimum of 0. This means that traders may encounter spreads as low as zero pips on certain trading instruments, potentially reducing trading costs and enhancing opportunities for profit.
Non-Trading Fees
KVB PRIME imposes an inactivity fee, which is triggered after 181 consecutive inactive days. In such cases, the system deducts USD 10 from the account balance every 30 days until the account reaches a balance of USD 10 or less, at which point the deductions cease.
Minimum Deposit
The minimum deposit amount per transaction at KVB PRIME is USD 1, with a maximum limit of USD 75,000.
Deposit & Withdrawal
KVB PRIME provides various deposit methods, including bank card, NB deposits, and USDT deposits. Deposits are credited instantly, and there is a minimum withdrawal amount of USD 500 for CN customers and USD 20 for non-CN customers for bank transfers. NB withdrawals require a minimum of 1 NB, and USDT withdrawals have a minimum of USDT 20. Withdrawals are typically processed within 1-3 days, with potential delays for large withdrawal amounts. The platform offers three withdrawal methods: NB, USDT, and bank card, and users can initiate withdrawals through the user center by selecting their preferred method.
Promotions
KVB PRIME is currently running the Gold Trading Race promotion in celebration of the upcoming Mid-Autumn Festival. This promotion is open to all KVB PRIME clients, with registration available from August 28, 2023, to September 24, 2023. The competition itself will take place from September 4, 2023, to October 1, 2023. Participants must register with a minimum deposit of USD 500 on a selected live trading account.
Trading Platforms
META TRADER 4: MetaTrader 4 (MT4) is a widely recognized trading platform known for its industry-standard status. It offers an intuitive user interface and a feature-rich environment for traders.
KVB PRIME APP: The KVB PRIME APP is a mobile trading software developed in-house. It offers features like market quotations, charting, transaction capabilities, account management, deposit/withdrawal options, and market information.
COPYTRADE (Automatic Trading)
COPYTRADE is a system offered by a third-party service provider, FOLLOWME. It functions as a trading community where global users can connect and interact. Traders can share their trading experiences, showcase strategies, and exchange information.
Users can copy the trades of experienced traders automatically. The process involves connecting their trading accounts, subscribing to trading “Signal” providers, and copying their orders.
FOLLOWME has over 500,000 registered users from more than 170 countries. Traders can subscribe to multiple Signal providers based on their preferences and risk tolerance, paying a subscription fee, typically around $30/month. The platform also provides risk control tools for users.
Educational Tools
KVB PRIME provides a range of educational tools to help traders make informed decisions. They offer real-time market quotes for instruments like AUDCHF, GBPNZD, #NKE, #PG, and #V, allowing traders to monitor price movements closely over different timeframes.
In addition to market quotes, KVB PRIME offers insights and news articles. Furthermore, KVB PRIME offers technical analysis for specific currency pairs like NZD/JPY and USD/JPY, helping traders identify potential entry and exit points. This technical analysis assists traders in developing their trading strategies based on market trends and support and resistance levels.
Technical analysis is another aspect covered by KVB PRIME, offering information on specific currency pairs like NZD/JPY and USD/JPY. This technical analysis provides intraday guidance and alternative scenarios, assisting traders in their decision-making process.
For beginners, KVB PRIME offers educational resources on forex trading basics, including explanations of the forex market, forex trading, and forex brokers. Traders can learn about currency pairs, their bid and ask prices, and the concept of pips. These resources are particularly helpful for those new to forex trading, helping them understand the fundamentals.
Lastly, KVB PRIME offers educational videos that cover trading guidelines, company branding, and media-related content. These videos provide additional learning materials for traders seeking to enhance their knowledge and skills in the financial markets.
Customer Support
KVB PRIME offers customer support tailored to its Greater China and European clients. 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 support@kvbprime.com during the same service hours. Additionally, live chat support is available for quick assistance.
Reviews
A review of KVB PRIME on WikiFX reveals a single exposure, primarily concerning a complaint related to a pyramid scheme. Additionally, the review highlights a customer's experience with an inactivity fee deduction. The customer had a balance of $5.41 in their trading account, and they were charged the inactivity fee without prior notification or awareness, leading to dissatisfaction and a perception of unfair treatment.
Conclusion
In conclusion, it's important to consider both its advantages and disadvantages. On the positive side, the platform offers a diverse range of trading instruments, including Forex, commodities, shares, indices, and cryptocurrencies. It also provides multiple account types to cater to different trading preferences and skill levels. However, a significant drawback is the lack of regulatory oversight.
FAQs
What are the available market instruments for trading on KVB PRIME?
KVB PRIME offers Forex, Commodities, Shares, Indices, and Cryptocurrencies for trading.
What are the account types offered by KVB PRIME?
KVB PRIME offers PRIME accounts and ECN accounts, suitable for both novice and experienced traders. They also provide a demo account for practice.
Does KVB PRIME charge inactivity fees?
Yes, KVB PRIME imposes an inactivity fee if an account remains inactive for 181 consecutive days, deducting USD 10 every 30 days until the account balance reaches USD 10 or less.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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怒放的生命1924
Hong Kong
Collaborate with traders to commit fraud and defraud customers' funds by liquidating their positions. I deposited nearly one million and lost everything within a week.
Exposure
04-26
怒放的生命1924
Hong Kong
KVB is an unscrupulous platform that cooperates with traders to defraud. Malicious operation, using the excuse of liquidation to defraud customers' funds. I advise everyone not to trade on KVB.
Exposure
04-26
怒放的生命1924
Hong Kong
I made four deposits at KVB Brokerage, namely 160,000, 10,000, 1.03 million, and 40,000. Traders trade for less than a week at a time before liquidating my positions. Now I know that traders deliberately liquidate my positions, and then the brokers and traders share the profits.
Exposure
02-29
FX1308756522
Hong Kong
I had $5.41 left in my trading account with KVB and was charged an inactivity fee. I have never heard of it, and I was not informed when I opened the account. There was no notification in any way before the fee was deducted. This is a clear robbery!
Exposure
02-29
wei6648
Hong Kong
1. I opened an account on the KVB PRIME platform in July this year to operate foreign exchange. 2. Subject qualification issues. I consulted with the licensed institution in the United Kingdom. KVB PRIME in mainland China is a clone company, and it has nothing to do with the formal licensed institution in the United Kingdom. 3. Customer account problems. The platform puts all customers in mainland China under Samoa, and there is no financial regulator to supervise the accounts of customers, which is an unsupervised state. At the same time, the company forcibly cancels the customer's account. Request a refund of three thousand, 606207
Exposure
2023-08-21
iww
Hong Kong
The customer service has been asking me to use the USDT channel to deposit $100 before withdraw. I want to withdraw money, but I need to deposit money into my account before I can withdraw money!
Exposure
2022-11-25
iww
Hong Kong
The first is last night's inventory fee, and the second is a screenshot of the transaction at the end of last month. The inventory fee is very different.
Exposure
2022-02-10
FX1109211940
Hong Kong
The price of cruel oil is 77 and They are only 76.6. Just look at the picture. The price of cruel oil is 77 and They are only 76.6. Just look at the picture. The price of cruel oil is 77 and They are only 76.6. Just look at the picture.
Exposure
2022-01-06
-40931
Hong Kong
At this time last year, a dozen of us were deceived by kvb for nearly 6 million! It is said that it is supervised, and it started to let you make profit. Later, it lost money heavily, and it continued to ask for the deposit and wait for cock up. Finally, I realized that this is a scam, and it is a closed disk!
Exposure
2021-12-20
晨起太阳
Hong Kong
Malicious hacking of customer accounts and then said to assist in compensation. Then, repeatedly asked to provide evidence. Telling you to provide again when the evidence is conclusive and finally says to apply for compensation. After a while, they were disappeared and finally say that they cannot address it.and telling you that they have hacked your funds and called the police, and it is useless because they were not in Mainland, and I will leave the platform after a while to clear the relationship. The most damn thing is that the service fee was originally to be returned, but he actually said that it would be nice to return the service fee to you in 3 months, which means that the platform originally did not intend to refund the service fee, and the biggest thing to help you is to return service fee...Speechless trash platform. I advise everyone not to do all the platforms related to KVB, they are the same group of people and the same group of scammers. Beware of being deceived
Exposure
2021-11-30
晨起太阳
Hong Kong
A black platform that absolutely does not allow accounts to make profit. As long as the account makes profit, there will be severe malicious slippage. 1 lot of buying slippage is 5 dollars and selling slippage is 5 dollars. The total of malicious slippage is 10 dollars until the account slippage is liquidated. 1 lot of profitable order of 170 US dollars, the market fluctuated correctly and reversely to 173 US dollars one second before closing the position. When you close the position, there will be 167 US dollars left, a large fixed amount of slippage. And every order is slipped more than 5 dollars regardless of profit or loss. No matter how much you have, it will not be enough to close the position by scamming. And the platform salesperson told you straigftforward that you just call the police and it does not matter. We are based in Hong Kong, not in the mainland, so what can you do? The platform is upgraded to KVB Prime account from previous KVB international account. The salesman are totally same, but just do not admit it. When the time comes, They will deceive everyone’s principal and just abscond and telling you that what you can do with that. I’m not working in mainland China. Withdraw as quickly as possible if you have fund left in their platform, otherwise you cannot withdraw single penny later.
Exposure
2021-11-27
iww
Hong Kong
Slippage (3 pips). They did not pay me the compensation.
Exposure
2021-09-20
FX1069510861
Hong Kong
The case has been reported, and the compensation promised by kvbprime before, suddenly lost contact and refused to negotiate
Exposure
2021-05-18
平淡
Hong Kong
This broker was introduced by my friend and I don't know whether it's real or not. Unable to withdraw. I applied for withdrawal when I didn't trade. Then the customer service asked me to deposit for turnover. I just deposited some. Then my account was frozen. Is this a fraud broker? I have been told that my account would be frozen forever if I didn't deposit the turnover.
Exposure
2021-04-28
FX5574453872
Vietnam
They recommended copy trading to me. However, after I deposited funds, I can’t copy their trade according to the minimum amount. I was asked to offer my ID and password. You should stay away from this broker.
Exposure
2021-04-20
Ｙ、
Hong Kong
My account is 699089 and my name is Huang Yong. I opened an account through KVB Kunlun International before, and later said that KVB Kunlun International withdrew from the Chinese market, and then transferred all the funds in our account to KVB Prime. During the period of trading in KVB Prime, and recently discovered that KVB Prime is really too dark. When a customer opens a position, it will expand the customer's spread, and when the position is closed, it will expand the customer's spread. As a result, the profitable orders have made less profit, and the losing orders have lost more. The spread will expand in an instant every time a position is opened or closed, and it will return to the normal state after the position is closed or opened. Probably every time after opening or closing a position, the customer will have to lose more or earn about 3 points less. If the customer trades 1 standard lot, at least $30 will be swallowed by the black platform of KVB Prime. What's more ridiculous is that when we reported this issue to KVB Prime via email, the official reply turned out to be ridiculous, saying it was normal. Then my friend contacted the account manager. The account manager’s reply was also ridiculous, saying that there would be good news, but after 1 day, the account was returned to the normal state. When I contact the account manager myself, the account manager does not reply. Others are not retroactive. Starting in 2021, a total of about 500 lots will be traded. Based on the calculation of one lot hacked by KVB Prime by 30 USD, KVB Prime is now required to return 15,000 USD.
Exposure
2021-03-29
Ｙ、
Hong Kong
My account is 699089 and my name is Huang Yong. I opened an account through KVB Kunlun International before, and later said that KVB Kunlun International withdrew from the Chinese market, and then transferred all the funds in our account to KVB Prime. During the period of trading in KVB Prime, and recently discovered that KVB Prime is really too dark. When a customer opens a position, it will expand the customer's spread, and when the position is closed, it will expand the customer's spread. As a result, the profitable orders have made less profit, and the losing orders have lost more. The spread will expand in an instant every time a position is opened or closed, and it will return to the normal state after the position is closed or opened. Probably every time after opening or closing a position, the customer will have to lose more or earn about 3 points less. If the customer trades 1 standard lot, at least $30 will be swallowed by the black platform of KVB Prime. What's more ridiculous is that when we reported this issue to KVB Prime via email, the official reply turned out to be ridiculous, saying it was normal. Then my friend contacted the account manager. The account manager’s reply was also ridiculous, saying that there would be good news, but after 1 day, the account was returned to the normal state. When I contact the account manager myself, the account manager does not reply. Others are not retroactive. Starting in 2021, a total of about 500 lots will be traded. Based on the calculation of one lot hacked by KVB Prime by 30 USD, KVB Prime is now required to return 15,000 USD.
Exposure
2021-03-27
FX2398726478
Hong Kong
The scammer pretended to be the kvb prime platform to induce me to invest, and then when I withdrew, he said that I was an illegal account, and I needed to pay a series of illegal money deposits. After the payment was completed, the withdrawal was approved, but the account was not received. I asked the customer service that it was by the Hong Kong Taxation Bureau. Interception, I need to pay personal income tax, a typical killer plate, I hope that through your platform, I can get back my hard-earned money
Exposure
2021-03-06
FX3571718839
Hong Kong
Network fraud. Unable to withdraw for unsuccessful individual income tax.
Exposure
04-26
宝65532
Hong Kong
Unable to withdraw money, request to make up the turnover, pay violation money and deposit.
Exposure
2021-02-02