Score
KCM Trade
https://www.kcmtrade.com/
Website
Rating Index
Trading Env.
Trading Env.
D
Average Execution Latency (ms)
MT4/5
Full License
KohleCapitalMarkets-Demo
Influence
B
Influence Index NO.1
Trading Env.
Speed:D
Slippage:D
Cost:AAA
Disconnected:AAA
Rollover:B
MT4/5 Verification
MT4/5 Verification
Full License
Influence
Influence
B
Influence Index NO.1
Contact
Single Core
1G
40G
1M*ADSL
- WikiFX has recorded a total of 9 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.
Account Info 

This section presents the core trading conditions for each account type offered by this broker, including trading environment, maximum leverage, minimum deposit, minimum trade size, spreads, commissions, deposit and withdrawal methods, account currency, EA support, and available trading instruments. It helps users quickly compare account requirements, trading costs, and product coverage, so they can decide whether a specific account type fits their trading needs before opening an account.

This section presents the core trading conditions for each account type offered by this broker, including trading environment, maximum leverage, minimum deposit, minimum trade size, spreads, commissions, deposit and withdrawal methods, account currency, EA support, and available trading instruments. It helps users quickly compare account requirements, trading costs, and product coverage, so they can decide whether a specific account type fits their trading needs before opening an account.
- Trading Env.D
- Currency--
- Maximum Leverage1:400
- SupportedEA
- Minimum Deposit10000RMB/500USDT
- Minimum Spread0.6
- Depositing Method--
- Withdrawal Method--
- Minimum Trade Size0.01
- Commission--
- Trading Instruments--
Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.
Compare with Platforms Similar to KCM Trade
Trading Env. 


This section presents the broker's tested trading environment, including key metrics such as execution speed, trading costs, swap rates, slippage, and disconnection performance. Users can use this information to understand the broker's real-world order execution efficiency, platform stability, and trading cost performance. Combined with industry benchmarks, ratings, tested user volume, order volume, and the latest update time, it helps users assess whether the broker provides a stable and reliable trading environment.

This section presents the broker's tested trading environment, including key metrics such as execution speed, trading costs, swap rates, slippage, and disconnection performance. Users can use this information to understand the broker's real-world order execution efficiency, platform stability, and trading cost performance. Combined with industry benchmarks, ratings, tested user volume, order volume, and the latest update time, it helps users assess whether the broker provides a stable and reliable trading environment.
Verified Site 


This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.

This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.
tradezh.com
52.199.221.217kcmtrades.com
99.83.190.102kcmtrade-zh.com
99.83.190.102kcmtrade.com.vn
75.2.70.75kohletop.com
172.67.167.59kcmtrade.com
99.83.190.102
Relationship Map

This section presents the relationship map and suspected clone brokers related to this broker, including unverified platforms, clone firms, risk scores, operating history, and suspicious regulatory licenses. It helps users identify high-risk platforms with names or branding similar to the broker, avoid confusing legitimate brokers with impersonation platforms, and reduce risks to their funds and personal information.
MSG
Company Profile
Company Profile
Review summary
| KCM Trade Review Summary in 10 Points | |
| Founded | 2016 |
| Registered Country/Region | Mauritius |
| Regulation | ASIC |
| Market Instruments | Forex, Precious Metals, Energy CFDs, Indices, Stock CFDS (Shares) |
| Demo Account | Available |
| Leverage | 1:400 |
| Spread | 1.2 pips ( MT5 Low Spread Account) |
| 1.6 pips ( MT4 Standard Account ) | |
| Trading Platforms | MT4/MT5 |
| Minimum Deposit | $1,000 |
| Customer Support | Live chat, WhatsApp, Phone , Email |
What is KCM?
KCM Trade, a trademark of Kohle Capital Markets Limited, is a trading firm that provides online brokerage services including forex, metals, energies, indices, and Stock CFDS (Shares). The firm operates with low spreads, fast order execution, and multi-level market depth. Additionally, KCM Trade allows traders to use a variety of trading strategies, including hedging and Expert Advisors (EAs).

Pros & Cons
| Pros | Cons |
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Is KCM Trade Legit?
Based on the information available, KCM Trade appears to be a reliable and trustworthy broker. It holds Australia Securities & Investment Commission (ASIC, No. 489437) license and has received positive reviews from many customers.

However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.
Market Instruments
The Market Instruments of KCM Trade include Forex, Precious Metals, Energy CFDs, Indices, Stock CFDS (Shares).
For Forex, it can trade 40+ foreign exchange currency pairs on the global financial market and it supports ultra-low spreads and fast order execution.
For Precious Metals, it trades precious metals like gold and silver provides multiple trading opportunities daily. It benefits from low spreads and fast order execution.
For Energy CFDs, the high volatility of petroleum products provides a great range of price fluctuations. Register now and trade the world's lead commodities. And Trade Brent crude oil and WTI crude oil to make your trading portfolio more diversified.
For Indices, the CFD products of global stock market indices in America, Europe, and Asia. The rise or fall of an index is usually closely linked to the country's economic performance.
For Stock / Shares CFD, buy and sell, it is your choice. And investment products cover technology, energy, medical and other international companies.

Account Types
MT5 Low Spread Account (Recommended for Individual Traders)
Provides Lower spread for its newer technology, deep market depth, a stable quotes and connectivity globally allows a reliable trading environment for investors looking to ramp up their trading.
| Trading Features | Details |
| EUR / USD has the Lowest Spreads | 1.2 pips |
| Execution Type | STP |
| Leverage | Up to 1:400 |
| Minimum Order | 0.01 lot |
| Negative Balance Protection | Yes |
| Trading Platform | MT5 |
| Available Platforms | Web, Desktop, Mobile, Tablet |
| Depth of Market | 5 Levels |
| Setup Fee | Free |
| Minimum Deposit | $500 |
| Deposit/Withdrawal Fee | None |
| Force Close Margin Levels | 50% |
MT4 Standard Account (Top Picks for Individual Traders)
The MT4 standard account is the most popular account type among investors. Its ease of use allows investors to enjoy institutional levels of trading.
| Trading Features | Details |
| EUR / USD has the Lowest Spreads | 1.6 pips |
| Execution Type | STP |
| Leverage | Up to 1:400 |
| Minimal Order | 0.01 lot |
| Negative Balance Protection | Yes |
| Trading Platform | MT4 |
| Available Platforms | Web, Desktop, Mobile, Tablet |
| Depth of Market | 5 Levels |
| Setup Fee | Free |
| Minimum Deposit | $1,000 |
| Deposit/Withdrawal Fee | None |
| Force Close Margin Level | 50% |

Leverage
KCM Trade offers leverage of up to 1:400, which is a relatively high leverage level in the forex trading industry. Leverage is a feature that allows traders to control positions that are larger than their account balance, enabling them to potentially magnify gains with a smaller initial investment.
While higher leverage can be desirable for some traders, it is important to keep in mind that it also means increased risk. Higher leverage magnifies potential losses as well, and traders can quickly lose more than their initial investment if they are not careful with risk management. The use of leverage requires a good understanding of the market and trading strategies to avoid significant losses, especially in volatile market conditions.
Spreads & Commissions
KCM Trade offers two types of trading accounts, MT5 Low spread Account and MT4 Standard Account.
The MT5 Low Spread Account boasts spreads 1.2 pips on the EUR/USD. Besides, the MT4 Standard Account offers spreads on the EUR/USD, starting from 1.6 pips.
In terms of commissions, KCM Trade does not provide detailed information on this front. It is possible that the company charges commissions on certain types of trading accounts or for certain assets, so traders should be sure to confirm any potential fees with KCM Trade.
Trading Platforms
KCM Trade offers both MT4 and MT5.
MT4
You can register through WEB, desktop, mobile and tablet.
MT4 (MetaTrader 4) is a popular electronic trading platform that is widely used by forex traders around the world. It was developed by MetaQuotes Software and has been in existence since 2005. MT4 provides traders with access to a range of critical features, including real-time market data, advanced charting tools, and the ability to execute trades in real-time. MT4 also offers algorithmic trading through custom indicators and expert advisors.
MT5
You can register through WEB, desktop, mobile and tablet.
MT5 (MetaTrader 5) is a forex and CFD trading platform developed by MetaQuotes Software, following the success of its predecessor, MT4. Its release in 2010 was intended to improve upon the trading experience offered by MT4 and provide additional features and greater flexibility.

Deposits & Withdrawals
KCM Trade accepts deposits via multiple payment methods including VISA, Mastercard, UnionPay, AMERICAN EXPRESS, PayPal and THAI QR PAYMENT.

The minimum deposit requirement depends on the payment method chosen, with bank wire transfers requiring a minimum deposit of $500, while credit/debit card and e-wallet deposits have a minimum requirement of $250. Additionally, there may be deposit fees charged by the payment provider.
Processing times for deposits and withdrawals at KCM Trade vary depending on the payment method used. Bank wire transfers can take up to 7 business days for processing, while credit/debit card and e-wallet withdrawals are typically completed within 1 to 3 business days.
Customer Service
KCM Trade provides comprehensive customer support services to clients worldwide through multiple channels, including live chat, WhatsApp, an international hotline (+230-5297-0961), a Chinese-language hotline (+400-842-7739), email support (CS@kcmtrade.com), and official social media platforms such as Facebook, YouTube, and LinkedIn. KCM Trade is committed to delivering timely, professional, and efficient customer service experiences.
Company Profile
- 5-10 years
- Regulated in Australia
- Forex Execution License (STP)
- MT4 Full License
- MT5 Full License
- Self-developed
- High Potential Risk
News

News KCM Trade Review: Regulation, Licences and WikiScore Analysis
This KCM Trade review provides a detailed analysis of the broker’s regulatory framework, licensing structure, and overall standing based on information available on WikiFX.

News KCM Trade Launches AI Mentor to Boost Trading Insights
KCM Trade introduces AI Mentor, an AI-powered tool offering personalized trading insights, performance analysis, and real-time news to enhance your trading journey.

News WikiFX Review: Is KCM Trade Legit?
WikiFX created a comprehensive review to help you better understand this broker named MIFX. We will analyze its reliability based on specific information, regulations, etc. Let’s get into it.

News KCM Trade全球扩张步伐加速,亚美尼亚办事处盛大开业
KCM Trade全球扩张步伐加速,亚美尼亚办事处盛大开业

News Kohle Capital Markets rebrands to KCM Trade
Kohle Capital Markets has announced a rebranding of the company to KCM Trade. The company said that this strategic move is a reflection of its “unwavering committing to providing unparalleled value and exceptional customer experiences.
Wiki Q&A
Is KCM Trade safe and reliable?
According to WikiFX data, KCM Trade has a core score of 6.75 and is classified as Regulated. The brand's listed licenses include an ASIC Forex Execution License (STP) held by KOHLE CAPITAL MARKETS PTY LTD in Australia, with license number 489437 and status Regulated, and a Mauritius FSC Securities Trading License (EP) held by Kohle Capital Markets Limited, with license number C117022600 and status Active. The regulatory classification applies to the brand and its listed entities; actual regulatory protection depends on which legal entity provides the service, the license status, the product, and the client's jurisdiction. Therefore, the information indicates a regulated profile for certain entities, but it does not by itself establish that the broker is safe and reliable.
Is KCM Trade regulated?
According to WikiFX data, KCM Trade is classified as Regulated. The license list shows an Australian ASIC Forex Execution License (STP), license number 489437, held by KOHLE CAPITAL MARKETS PTY LTD, with status Regulated. It also shows a Mauritius FSC Securities Trading License (EP), license number C117022600, held by Kohle Capital Markets Limited, with status Active. No abnormal licenses are listed. The ASIC and FSC licenses are held by different legal entities, so regulatory coverage should be assessed at the entity level.
What is the minimum deposit of KCM Trade?
According to WikiFX data, the listed MT4 Standard Account and MT5 Low Spread Account each show an entry condition of 10,000 RMB or 500 USDT. WikiFX data also lists a minCash value of 0.01 for both accounts, while the stated entry condition is 10,000 RMB or 500 USDT. No other minimum deposit terms are specified in the WikiFX data.
Does KCM Trade support MT4 or MT5?
According to WikiFX data, KCM Trade supports both MT4 and MT5. The account list includes an MT4 Standard Account and an MT5 Low Spread Account. WikiFX assessment indicates an MT4 count of 6 and an MT5 count of 2, with a Full License MT4 designation and a White Label MT5 designation.
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FX1165782375
Thailand
Account frozen, not allowed to withdraw money from the system
FX8895791002
Vietnam
KCM is unreasonable when customers withdraw money I created an account from mid-6/2025 and transactions were very normal. Today I also traded and withdrew money but it was not approved and I received a notice to send anti-money laundering information and forced me to provide all deposit orders. I find it completely unreasonable. Because before, when I had a loss, they did not need to prove that. But when I withdraw money, they require me to do so. I feel that they are pressuring investors and have fraudulent intentions. Really disappointed and unacceptable.
FX3484155244
Singapore
In September 2025, I traded on KCM Trade with a total of 4 accounts. My last few transactions involved withdrawing 2350 USDT on September 8th, which I never received. Eventually, the official website domain was changed, making it inaccessible. It's a fraudulent platform.
FX3337314102
Singapore
Everyone, steer clear of this platform. Even though I changed my password, their staff still intervened in my account, leading to a crash. Today, as the gold prices surged like a storm, they kept selling gold, causing my account to burn out.
FX3631199413
Vietnam
IB intentionally placed incorrect orders to burn customers' accounts and share profits with the exchange
FX3337314102
Vietnam
Investors stay away from this exchange, as it intentionally executes orders to burn accounts.
FX3337314102
Vietnam
This platform is not reliable, everyone knows the main password when opening an account and trades improperly, leading to account losses in the opposite direction.
lucy6820
South Korea
Dear 44018931 user, according to the international tax law, 27% of your personal income tax will be charged for personal profits exceeding USD 10,000. Your personal profit in the account is USD 27,935.1, and the personal income tax you need to pay is USD 7,542.4. The financial department notifies you: Your account44018931 has not yet paid personal income tax, and you need to pay personal income tax successfully before you can handle withdrawals! Now our financial department will register and report for you. Please complete your personal tax payment within 7 working days, that is, before 24:00 on August 4, 2023! Overdue will charge three percent of your account profit per 24 hours, i.e. $838, as a fund custody fee! Please complete it as soon as possible so as not to cause inconvenience to you in handling payment!