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The WikiFX Score of this broker is reduced because of too many complaints!
Kovie
China|2-5 years| White label MT5|Chinese market only|High potential risk|
http://www.koviegloba.com/zh-cn/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
White Label
1
Server Name
KovieGlobal-Server MT5
Server Location 
Hong Kong
Hong KongContact
service@koviegloba.com
http://www.koviegloba.com/zh-cn/
The WikiFX Score of this broker is reduced because of too many complaints!
Licenses
No valid regulatory information, please be aware of the risk!
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
Open Now
Broker Information
More
Company Name
Kovie Global Limited
Company Abbreviation
Kovie
Platform registered country and region
China
Company website
Pyramid scheme complaint
Expose
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-04-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 31 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
WikiFX Verification
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Exposure
31 pieces of exposure in total Pyramid scheme complaint
Expose Unable to Withdraw
Withdraw
You are not letting me withdraw without "taxes" which the states does not have to be paid during a withdraw
2022-07-05 17:39
Unable to Withdraw
They believe they are the smartest
I invested $105,000 in Kovie and lost all my money. That guy was Jimmy Paul, and he started asking me to invest more and more. He spent $105,000 after he understood I wouldn't spend any more. He doesn't contact me anymore. I can't even see my account online. They stopped all communication with me. I have contacted the company several times with complaints to no avail.
2022-06-21 08:46
Unable to Withdraw
Unable to withdraw my money
I do not think they really exist. No numbers to call just to chat with 1 secretary called Annie. I deposited 10,000 Swedish kronor to try to play and won some money. Made a small withdrawal that was granted. Then I wanted to withdraw my 10,000 Swedish kronor and then I was denied because I have to be a VIP customer to be able to withdraw the money. And to become a VIP, you have to deposit 10,000 USD. My money is stuck can not do anything. See picture!
2022-06-30 01:53
Unable to Withdraw
Warning Warning Warning Warning Warning
Don't get involved. A Chinese lady Linda contacted me through WhatsApp to buy a cat. We started chatting about food, golf, yoga then the hard sell started, she wanted me to invest $2K, I refused, I started with $300 & lost that on USDvsETH, I Invested another $150 & turned that into $12K, when I wanted to get this money out they said I had to pay 20% upfront & I could only get my $450 out because that's all I invested with them, now they have locked my account so cannot do anything anymore.
2022-07-16 13:32
Unable to Withdraw
When will this liar stop
I invested over $165,000 in 4 months, but when I quit, I was told to pay a 26% penalty for early withdrawal.
2022-06-21 18:17
Unable to Withdraw
Careful with this company
This website is a fraudulent one willing to steal your money. I invested usd 83,000 with Kovie global over the course of 3 months and made profits but went all out to take them down when they blocked me out of my account In which case fintrack/ org only made a retrieval of 70% of our funds The big takeout here is to learn how to trade yourself and practice enough on demo platforms to avoid losing actual money
2022-06-28 09:30
Unable to Withdraw
Manipulator and thief
Friend registration and deposits are my way of getting to know the Kovie market through internet demos. The first deposit and withdrawal was smooth, but when I wanted to withdraw again, I was asked to pay 20% tax. After paying the required amount, customer support informed me that the amount paid was incorrect and I would have to pay again. If I don't pay my taxes within 48 hours, I won't be able to withdraw my money. • This is clearly a scam, stay away from Kovie
2022-06-21 08:38
Unable to Withdraw
withdrawal denied
My MT5 username is 920046. I started participating on February 2, 2022, and as part of that procedure, I typically buy stocks and set up share-specific stop loss orders in order to protect the account. The order was initially closed by kovie MT5 software at the precise price at which I had placed the stop loss order, but by March 8, 2022, Kovie had intervened in the MT5 software, causing the entire closing price to diverge from the price at which I had placed the stop loss order, resulting in a loss of up to $54,205 for my account.
2022-07-17 10:03
Unable to Withdraw
Scam Alert
Pure scam. I wish I had read reviews before committing my money. I was used and blocked out from withdrawals after depositing a very huge amount of money and when I complained they demanded more money before I could unfreeze my account and withdraw.
2022-07-07 16:34
Unable to Withdraw
All my investments with this company
Kovie Global Limited is all about betrayal. They groom you, get your money and then make out you have to pay tax on it before they will return your investment money, of course you get wise and learn it's a scam. I am in the process of working with an agency fintrack/ org to get my profits back after being able to withdraw my principal. I can't express the sense of loss and heartache this trading firm has given me.
2022-07-06 13:39
Unable to Withdraw
Kovie deny me access to my account
Keep away, It is a con. I had no issues depositing money with Kovie, but when I requested a withdrawal, they arbitrarily banned my account. They were still holding onto my money despite the fact that I had given them all the information they needed to activate my account. Even though I now have my money back, I was only able to do so after hiring Assetsclaimback Legal Expert, Kovie. It is fraudulent to suddenly decide to block my account without giving any justification.
2022-06-26 03:44
Unable to Withdraw
Manipulative platform
Still nothing. After reporting in February that I had lost $150,000 because of an internal "fraudulent action" event on my account, and although I was promised that an investigation would take place, I have heard nothing. In total, they managed to syphon $80,000. from my account over 2 sessions. This all happened when I asked to withdraw some of my money. AssetsClaimBack, an Australian company, filed a report with the appropriate authorities, urging that they investigate closing down comparable exchanges and restoring my withdrawal access, as they had done for other victims... Investors be aware. I will keep you updated. Hopefully It will have a happy ending.
2022-06-16 02:11
Unable to Withdraw
An absolute con
I was told i can't take money out or close the account because the account was in recovery and the trades had not covered the insurance volume (which I wasn't told about) and was left helpless till the fintrack/org aided class action eased the release of my stuck funds from Kovie Global; a fraudulent investment company with no safe plan for investors.
2022-06-16 11:46
Unable to Withdraw
Please help
Kovie continues to thrive and do what they do best. This has to be the most outrageous company ever. They are scammers and will take all your money and ignore your emails and phone calls. If my account manager were a real person, he would just be a nuisance because the company refused to reimburse my full $160,000 payment and stopped answering my calls. Keep posting about Kovie and make people aware of grievances about it.
2022-06-21 18:33
Unable to Withdraw
Kovie is only good at scamming
My money was held when I invested in Kovie without anyone informing me of what to anticipate! I've never received worse customer service. They requested additional contributions to expand my portfolio, but I was out of betting money so I requested a modest withdrawal of my earnings. Even if all of my paperwork was in order, the recording remained unaffected. Keep your distance from this business because it has no regulations and doesn't care about anyone, especially Kovie.
2022-06-29 20:40
Unable to Withdraw
Unable to withdraw. It is an Induce fraud. Everyone does not be deceived
The first picture is my account. Unable to get out of the deposit boot letter deception. Attached is a picture of the software that lured me into playing it, when I didn't send to buy he gave me a bank card saying I could send the money to where his friend could buy usdt for me。。。The country of the bank card is the Netherlands. By the way I say there are quite a few people playing I don't know what other it what platform can report it I want to understand can more in a platform to report maybe more people see, that liar is still luring others to play that time also and I said how his friend how to drop received the task to pay 400000 in to get out of the gold of course then those ask me the meaning of the words is to let me help his friend to buy a little, I was on asked him is the first time to play? He said his friend is not the first time to play the second time to play, we think together if it is the second time to play why will also choose no money out of the case of gold it said this liar and cheat to a person money
2022-06-21 05:54
Kovie · Company Summary
Note: For some unknown reason, we cannot open Kovies official site (http://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.
User Reviews
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2
CommentsWrite a review
FX1125642696
more than one year
They didn't let me withdraw from their platform after several attempts to communicate with them. After much consideration, please keep your hands off this broker.
2022-12-11 11:39
A55448
more than one year
Kovie’s mt5 trading platform cannot be used at all, wrong indicators, unclear charting tools, almost drove me crazy. My trading on this platform ended up with losing $1260. Never will trade with it again.
2022-12-06 18:16 31
