Is it safe?
It is crucial to read the broker review before trading with the broker. You can find the KVB Kunlun review in detail below. KVB Kunlun is regarded as a minimal-risk broker with a good trust score (90/99). The broker is publicly traded and does not run a bank and is regulated by four tier-1 (ASIC, IIROC, SFC, FCA), one tier-2, and zero tier-3 authorities.
Crypto: CFDs allow users to trade cryptocurrency, however, they can’t trade the underlying asset directly (meaning purchasing Bitcoin). Remember that crypto CFDs aren’t offered to retail traders or United Kingdom residents from whatever broker’s United Kingdom business.
The list below shows the various investment options accessible to KVB Kunlun customers.
- Forex Trading
- CFD Trading
- 7 Tradeable Symbols in total
- 31 Forex Pairs in total
- Int’l Stock Trading (Non-CFD)
- Cryptocurrency (CFD)
- Social (Copy) Trading
KVB Kunlun Review – Pricing
Essentially, KVB Kunlun currently offers only one forex account type, and it limits the price alternatives and makes trading more expensive.
While the broker doesn’t reveal average FX spreads, it does set a minimum targeted spread of 1.3 pips regarding the EUR-USD currency pairing and is not as attractive as the industry’s main leaders. When it comes to off-exchange items like forex & CFDs, the broker operates as a principal.
Service in the United Kingdom: The KVB Prime service in the United Kingdom offers retail traders with a Prime account that can be opened with a hundred dollar deposit and has list spreads of 1.6 pips regarding the EUR-USD currency pair.
KVB Kunlun Review – Platforms and Instruments
The broker is an MT4-only broker regarding forex and CFDs trading, having nothing to contribute outside the conventional, out-of-the-box MetaTrader 4 platform offering, which is marketed as ForexStar.
ForexStar: The broker’s tech arm, BancLogix, built the ForexStar system, which struggled to function and could not deliver a seamless user experience.
KVB Prime: KVB Prime provides MT5 through its United Kingdom business. Remember that the company also offers its own online and mobile app.
- Virtual Trading (Demo)
- Desktop Platform (Windows)
- Social (Copy) Trading
- MetaTrader 4 (MT4)
- 51 Charting – Indicators / Studies in total
- 31 Charting – Drawing Tools in total
- Charting – Trade From Chart
- Watchlists – Total Fields 7
- Order Type – Market
Research and Analysis
Regarding research, the broker doesn’t have a good reputation. For FX and CFDs trading, no economic calendar, daily news posts, trading indicators, mood tools, or associated research services are available.
KVB Prime: KVB Prime’s United Kingdom site offers a limited but useful economic calendar, as well as market updates and analysis via Investing.com as well as FxStreet.
KVB Kunlun Review – Verdict
Regarding FX trading, it is an MT-only broker. The MetaTrader4 app is available on both iOS and Android platforms (branded as Forex Star). It’s important to mention that KVB Prime, the brand’s FCA-regulated United Kingdom business, is not linked with KVB Kunlun.
Mobile App Features:
- Android App
- Apple iOS App
- Alerts – Basic Fields
- Watch List
- 30 Charting – Indicators / Studies
- Charting – Draw Trendlines
- Charting – Trendlines Moveable
- Charting – Multiple Time Frames
KVB Kunlun is a publicly listed and regulated broker, yet despite its well-known reputation, is not a decent option for retail forex and CFD trading.
See also: Eightcap Review 2022 – Read Before You Trade With It