Score
Kumo Markets
Saint Vincent and the Grenadines|2-5 years| https://kumomarkets.com
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 2080950469
Other ways of contact
Broker Information
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Kumo Markets Ltd
Kumo Markets
Saint Vincent and the Grenadines
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | $50000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | $6 |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | $10000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | $8 |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | $1000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | $12 |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:200 |
| Minimum Deposit | $100 |
| Minimum Spread | 20 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Kumo Markets · Company Summary
| Kumo Markets Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No Regulation |
| Market Instruments | 24 cryptocurrencies, 65 currency pairs, Commodities, Indices |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| EUR/USD Spread | 1.8 pip (STP Standard) |
| Trading Platforms | MT4 |
| Minimum Deposit | $100 |
| Customer Support | Contact form, live chat |
| Phone: +44 2080950469 | |
| Email: support@kumomarkets.com | |
| Address: 65 LONDON WALL, LONDON, ENGLAND, EC2M 5TU. J.JASINSKIO G.16, LT-03163 VILNIUS | |
Founded in 2020, Kumo Markets is an unregulated financial company based in Saint Vincent and the Grenadines. It offers 24 crypto currencies, 65 currency pairs, Commodities, and Indices trading with MT4 platform.
Pros and Cons
| Pros | Cons |
| A wide range of products | No regulation |
| Diverse account types | Regional restrictions |
| Multiple customer support channels | No demo accounts |
| Low minimum deposit | |
| Flexible leverage ratios | |
| MT4 platform |
Is Kumo Markets Legit?
At present, Kumo Markets lacks valid regulation. Its domain was registered on Feb 8, 2020, and the current status is “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, client Update Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.
What Can I Trade on Kumo Markets?
On Kumo Markets, you can trade with 24 crypto currencies, 65 currency pairs, Commodities, and Indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ❌ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type/Leverage/Spread & Commission
Kumo Markets provides STP Standard, ECN PRO, CORPORATE accounts.
| STP Standard | ECN PRO | CORPORATE | |
| Minimum Deposit | $100 | $1,000 | $50,000 |
| Leverage | Up to 1:500 | Up to 1:100 | |
| EUR/USD Spread | 1.8 | Nearly 0 | / |
| Commission | $0 | $8 | $6 |
Trading Platform
Kumo Markets provides MT4 platform available for bith windows and android.
Deposit and Withdrawal
Kumo Markets supports cryptocurrencies and bank transfers for deposits and withdrawals.
| Payment Method | Minimum Deposit Amount | Minimum Withdrawal Amount | Deposit Fee | Withdrawal Fee |
| Cryptocurrencies | 100 USD | 50 USD | 1% | 0% |
| Bank transfers | 5000 USD/1000 EUR | 2% | 0% | |
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