logo |

Brokers

    Home - Brokers - KVB PRIME

    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
    Negative

    KVB PRIME

    • United Kingdom United Kingdom
    • 5-10 years
    • Regulated in United Kingdom
    • Straight Through Processing(STP)
    • MT4/5 full license
    • Regional Brokers
    Open Account
    WikiFX Score
    Comparison

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

    Open for free

    Broker Information

    Company Name

    KVB PRIME (UK) Limited

    Phone of the company

    4008867005

    Company website
    https://kvbprime.co.uk/
    Customer Service Email Address

    support@kvbprime.co.uk

    Company address

    --

    Pyramid scheme complaint
    Expose

    Check whenever you want

    Download App for complete information

    Download on the

    App Store

    Download on the

    Google Play

    Download on the

    Android

    Warning: Low score, please stay away! 2
    2022.07.02

    The WikiFX cloud system has verified this broker has way too many complaints, and it is in the WikiFX complaint blacklist; please be aware of the risk!

    The number of the complaints received by WikiFX have reached 76 for this broker in the past 3 months, please be aware of the risk and the potential scam!

    • Benchmark
    Comparison
    MT4 Download
    Benchmark
    ※ Trading environment rating source: real trading data of 160,605 WikiFX VPS users
    Transaction speed rating C

    Average transaction speed(Millisecond) Poor 784.4

    The fastest transaction speed(Millisecond) 454

    The fastest transaction speed [open](Millisecond) 454

    The fastest transaction speed [close](Millisecond) 468

    Slowest transaction speed(Millisecond) 1969

    Slowest transaction speed [open](Millisecond) 1969

    Slowest transaction speed [close](Millisecond) 1968

    Rollover cost rating A
    EURUSD
    Long: -6.27USD/lot Short: 1.96USD/lot
    XAUUSD
    Long: -3.26USD/lot Short: -1.81USD/lot
    Software disconnection rating D

    Average disconnection frequency(times/day) Poor 0.6

    Average reconnection time(Millisecond) 1036.3

    Transaction cost rating D

    EURUSD 25.6USD/lot

    XAUUSD Poor 49.54USD/lot

    Transaction slippage rating D

    Average trading slippage Poor 1.9

    Maximum transaction slippage 25

    Maximum transaction slippage [Long] 5

    Maximum transaction slippage [Short] 25

    Severe Slippage

    A fraud platform that absolutely does not allow accounts to make profit. As long as the account makes profit, there will be severe malicious slippage until the position is liquidated. 100% of the accounts will execute malicious slippage in two weeks after the account is opened.

    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.

    晨起太阳

    2021/11/27 5:34:45

    China
    • WikiFX Data
    • Marketing Strategy
    Subscribe to VPS now

    Total Margin

    Active Trade

    New User

    Stop Out

    Total Profit

    Total lots

    Spread Cost

    Net Deposit

    Net Withdraw

    No data

    KVB PRIME

    Please download WikiFX APP

    Scan to Download

    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      KVB PRIME (UK) LIMITED

      Effective Date :

      2014-11-18
    • Email Address of Licensed Institution :

      george.ogunka@kvbprime.co.uk

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      81 King Street Manchester Greater Manchester M2 4AH UNITED KINGDOM

      Phone Number of Licensed Institution :

      +44 1618831284

    No content

    No data

    Load failure

    Load failure

    ×
    KVB PRIME

    根據香港證券及期貨事務監察委員會的規定

    為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    KVB PRIME
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
    Related Photos
    Confirm to Submit

    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

    Confirm

    KVB PRIME · Company summary

      General Information & Regulation

      KVB PRIME is a financial services company specializing in the provision of FX, CFDs and other trading products for clients worldwide. KVB Prime (UK) Limited is based in UK, authorized and regulated under the Financial Conduct Authority with reference number 622574.

      Large amount of Complaints

      Recently, KVB PRIME has been exposed to many complaints, mainly on slippage, scamming traders, clients unable to withdraw fund, etc. Please be aware of the risk.

      Markets Instruments

      With KVB PRIME, traders can trade more forex currency pairs, as well as some metals. The trading assets on the KVB Prime platform seems quite limited.

      Minimum Deposit

      In terms of minimum initial deposit, real trading is possible with a minimum deposit of $100.

      Leverage

      For retail traders, the maximum trading leverage is capped at 1:25 for CFD trading under the in accordance with FCA regulation. While for professional traders, they can use the maximum leverage level of 1:100.

      Spreads & Commissions

      As any other CFD broker, KVB PRIME charges a spread fee. KVB PRIME official website displays the most current spread charges, the spread on the EUR/USD pair 1.6 pips, USD/JPY 1.6 pips, GBP /USD 2.6 pips, AUD/USD 1.9 pips, spreads wider than many other brokers.

      Trading Platform Available

      For FX and CFD trading, KVB PRIME offers MT4. A popular platform used not only for executing trades but also for analyzing financial markets and automated trading. MT4 can be downloaded to any computer or can be accessed via just a web browser or a mobile application. The trading platform gives access to around 30 trading instruments.

      Deposit& Withdrawal

      Payment menthods available on the KVB PRIME plaform include Wire Transfer, Skrill, Neteller, WebMoney, Credit and debit cards (Visa/MasterCard/Maestro).

      Customer Support

      The KVB PRIME customer support can be reached through email: support@kvbprime.co.uk.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.