Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

KCM Trade

Mauritius Mauritius | 5-10 years | Trading Env. D |
ECN Account Regulated in Australia | Forex Execution License (STP) | MT4 Full License | High Potential Risk

https://www.kcmtrade.com/

Website

Rating Index

Regulation 6.63 Tech 9.99 Reputation 7.07 Business 8.11 Risk Control 9.34
6.75

Trading Env.

Trading Env.

D

Average Execution Latency (ms)

658.6 Poor

MT4/5

Full License

KohleCapitalMarkets-Demo

Hong Kong
Hong Kong
MT4
53

Influence

B

Influence Index NO.1

Thailand Thailand 6.30
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

Trading Env.

D C B A AA AAA

Speed:D

Slippage:D

Cost:AAA

Disconnected:AAA

Rollover:B

D

MT4/5 Verification

MT4/5 Verification

Full License

53
Server Name
KohleCapitalMarkets-DemoMT4
Server LocationHong KongHong Kong

Influence

Influence

B

Influence Index NO.1

Thailand Thailand 6.30
Surpassed 67.50% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

400-842-7739
https://www.kcmtrade.com/
The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, Ebene 72201, Republic of Mauritius
Forex License 1
Other 1
VPS Standard
No Broker Account Restrictions

Single Core

1G

40G

1M*ADSL

WikiFX Risk Alerts
  • WikiFX has recorded a total of 9 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.
2

Basic Information

Registered Region
Mauritius Mauritius
Operating Period
5-10 years
Company Name
Kohle Capital Markets Limited
Abbreviation
KCM Trade
Employees
--
Email
CS@kcmtrade.com
Contact Number
400-842-7739
Address
The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, Ebene 72201, Republic of Mauritius
Company Profile7
5-10 years
Regulated in Australia
Forex Execution License (STP)
MT4 Full License
MT5 Full License
Self-developed
High Potential Risk
FX1165782375

FX1165782375

Unverified

Thailand

Account frozen, not allowed to withdraw money from the system

FX8895791002

FX8895791002

Unverified

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

FX3484155244

Unverified

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

FX3337314102

Unverified

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

FX3631199413

Unverified

Vietnam

IB intentionally placed incorrect orders to burn customers' accounts and share profits with the exchange

FX3337314102

FX3337314102

Unverified

Vietnam

Investors stay away from this exchange, as it intentionally executes orders to burn accounts.

FX3337314102

FX3337314102

Unverified

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

lucy6820

Unverified

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!

10
Account Info
Related Personnel
Trading Env.
Business Region
Verified Site
Relationship Map
About Us
News
Wiki Q&A
User Feedback
MT4/5
Full License MT4
Full License MT4
Full License MT5
Full License MT5
6
MT4 Servers
2
MT5 Servers
90.98
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 4
Meta Trader 4
Perfect
Meta Trader 5
Meta Trader 5
Perfect
Trading Apps
All 2
iOS 1
Android 1
logo
KCM Trade: Trading App
Trade Forex, Stocks, gold & more with speed, security, and advanced technology.
Downloads
17
screenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshots
logo
KCM Trade
Secure access to KCM Trade
Downloads
30
screenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshots

Compare with Platforms Similar to KCM Trade

Taurex
Taurex
7.90/10
Regulatory License3
Minimum DepositUS$ 100
MT4/5Supported
Details
QuantumTrade
QuantumTrade
4.30/10
Regulatory License1
Minimum Deposit$50,000
MT4/5Supported
Details
EC markets
EC markets
8.95/10
Regulatory License5
Minimum Deposit$10
MT4/5Supported
OANDA
OANDA
8.86/10
Regulatory License7
Minimum DepositUS$20,000
MT4/5Supported
CMC MARKETS
CMC MARKETS
8.84/10
Regulatory License6
Minimum Deposit--
MT4/5Supported
FOREX.com
FOREX.com
8.82/10
Regulatory License7
Minimum Deposit--
MT4/5Supported
XM
XM
8.82/10
Regulatory License7
Minimum Deposit$5
MT4/5Supported
IG
IG
8.82/10
Regulatory License7
Minimum Deposit--
MT4/5Supported

Trading Env.
模块说明(前端未翻译)

Average Execution Speed(ms)
658.6 Poor
Minimum Execution Latency(ms)
39 Great
Minimum Open Latency(ms)
41 Perfect
Minimum Close Latency(ms)
39 Great
Maximum Open Latency(ms)
1286 Good
Maximum Close Latency(ms)
1970
0USD/Lot
9.79USD/Lot Perfect
Long: -7.57USD/Lot    Short: 2.44USD/Lot
Long: -67.47USD/Lot    Short: 36.3USD/Lot Poor
Average Slippage
6 Poor
Max Slippage
13 Good
Maximum Positive Slippage
-6 Perfect
Maximum Negative Slippage
13 Good
Avg. Disconnection Frequency (/day)
0.1
Avg. Reconnection Time (ms)
41.6
Ranking: 107 / 115
Tested Users 531
Orders 1,417
Used Margin $6,373,648 USD
Data provided by
vpsWikiFX Data provide
Last Updated:2026-10-27 01:00:00

Verified Site
模块说明(前端未翻译)

  • Japan tradezh.com
    52.199.221.217
  • United States kcmtrades.com
    99.83.190.102
  • United States kcmtrade-zh.com
    99.83.190.102
  • United States kcmtrade.com.vn
    75.2.70.75
  • United States kohletop.com
    172.67.167.59
  • United States kcmtrade.com
    99.83.190.102
View More

Relationship Map

vip Subscribe in the App to unlock!
Download App
vipvip
KCM Trade
Clones
模块说明(前端未翻译)
Unverified
MSG

MSG

1.40
Score
5-10 yearsQuestionable Regulatory LicenseSuspicious Operational RegionHigh Potential Risk

Company Profile

Company Profile

Review summary

KCM Trade Review Summary in 10 Points
Founded2016
Registered Country/RegionMauritius
RegulationASIC
Market InstrumentsForex, Precious Metals, Energy CFDs, Indices, Stock CFDS (Shares)
Demo AccountAvailable
Leverage1:400
Spread1.2 pips ( MT5 Low Spread Account)
1.6 pips ( MT4 Standard Account )
Trading PlatformsMT4/MT5
Minimum Deposit$1,000
Customer SupportLive 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).

What is KCM?

Pros & Cons

ProsCons
  • Regulated by ASIC
  • Limited product offering (200+ mainstream CFD products)
  • ECN customers offered up to five levels of market depth
  • Limited educational resources
  • MT4 and MT5 available
  • No 24/7 customer support
  • No social trading features
  • No mobile trading app

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.

regulated by ASIC

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.

Market Instruments

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 FeaturesDetails
EUR / USD has the Lowest Spreads1.2 pips
Execution TypeSTP
LeverageUp to 1:400
Minimum Order0.01 lot
Negative Balance ProtectionYes
Trading PlatformMT5
Available PlatformsWeb, Desktop, Mobile, Tablet
Depth of Market5 Levels
Setup FeeFree
Minimum Deposit$500
Deposit/Withdrawal FeeNone
Force Close Margin Levels50%

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 FeaturesDetails
EUR / USD has the Lowest Spreads1.6 pips
Execution TypeSTP
LeverageUp to 1:400
Minimal Order0.01 lot
Negative Balance ProtectionYes
Trading PlatformMT4
Available PlatformsWeb, Desktop, Mobile, Tablet
Depth of Market5 Levels
Setup FeeFree
Minimum Deposit$1,000
Deposit/Withdrawal FeeNone
Force Close Margin Level50%
Account Types

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.

Trading Platforms

Deposits & Withdrawals

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

Payment Options

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

KCM Trade Review: Regulation, Licences and WikiScore Analysis

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.

KCM Trade Launches AI Mentor to Boost Trading Insights

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.

WikiFX Review: Is KCM Trade Legit?

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.

KCM Trade全球扩张步伐加速,亚美尼亚办事处盛大开业

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

 Kohle Capital Markets rebrands to KCM Trade

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.

10-18
United States

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.

10-18
United States

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.

10-18
United States

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.

10-18
United States
View More

User Feedback10

This broker has not yet registered on WikiFX, so we cannot communicate user feedback for it.
Swipe up to load more
Feedback
10
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com