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Updated:
Leverage: 1:400
Regulation: ASIC, FSA
Min. Deposit: 500 US$
HQ: Australia
Platforms: MT4, MT5, KCM Trade WebTrader
Found in: 2016
KCM Trade Licenses:
KCM Trade operates as a well-regulated brokerage, providing a range of trading options including Forex, Precious Metals, Energy CFDs, Indices, and Stock CFDs. With maximum leverage reaching up to 1:400, tight spreads starting from 1.2, and a commitment to swift execution, the platform provides quite good overall trading experience. Additionally, KCM Trade facilitates fast deposits and withdrawals and available in different regions including China, Australia and other markets which is convenient for the clients.
There are options between account types providing KCM Trade offers 2 main trading accounts: MT5 Low Spread Account and MT4 Standard Account, while Broker is considered safe due to regulations by Australia by the Australian Securities and Investments Commission Act (ASIC). However, additionally there is an international Branch based under the Mauritius Financial Services Commission.
As evidenced by our research KCM Trade is a broker renowned for its good reputation and adherence to regulatory standards. Spreads offered by KCM Trade are quite competitive and kept considerably low, enhancing cost-effectiveness for clients. Besides, the broker offers high leverage exceeding the market average at 1:400, providing traders with enhanced opportunities for potential returns.
KCM Trade requires a minimum deposit starting from $500, which is in line with the market average, yet some Brokers offer much lower deposits from 0$ or no deposit which might be more convenient for smaller-size traders. Besides Broker is quite new in the industry, which is not a cone but might be better for some traders to choose Broker with solid reputation and background. Also, education materials are rather limited.
| Advantages | Disadvantages |
|---|---|
| Regulated by ASIC | First deposit might be higher than some competitiors |
| 1:400 Leverage | Regulatory oversight vary based on entity |
| Low spreads | Education is rather basic |
| Wide range of instruments | |
| 24/5 online support |
| 🏢 Headquarters | Australia |
| 🗺️ Regulation | ASIC, FSA |
| 🖥 Platforms | MT4, MT4, KCM Trade WebTrader |
| 📉 Instruments | Forex, Precious Metals, Energy CFDs, Indices, and Stock CFDs |
| 💰 EUR/USD Spread | 1.2 pips |
| 🎮 Demo Account | Available |
| 💳 Minimum deposit | 500$ |
| 💰 Base currencies | USD, AUD |
| 📚 Education | Guidelines how to navigate on the website |
| ☎ Customer Support | 24/5 |
Based on our Expert findings, KCM Trade is considered a reliable broker with good trading conditions suitable for various traders and excellent service that makes KCM Trade suitable for beginners with quality educational guidelines and comprehensive trading tools.
| Ranking | KCM Trade | ATFX | Deriv |
|---|---|---|---|
| Our Ranking | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
| Advantages | Trading Conditions | Trading Products | Spreads |
Upon evaluating various aspects including trading features, regulatory adherence, spreads, trading instruments, and user feedback KCM Tarde is considered good choice for trading, yet we conducted an analysis and created a selection of potential alternative brokers to KCM Trade, which might suite different needs better:
No, KCM Trade is not a scam. It is a reliable brokerage company regulated by multiple entities that impose strict rules and guidelines on the broker’s operations.
Yes, KCM Trade is a legit and regulated broker due to being licensed by a top-tier authority.
Another advantage is that client funds are securely deposited in segregated accounts held with major banks. KCM Trade adheres to stringent Clients’ Fund Management Practices, ensuring protection and proper management of client funds to guarantee safety, which includes separation of client funds from the broker’s operational funds and safeguarding clients’ assets.
See our conclusion on KCM Trade Reliability:
| KCM Trade Strong Points | KCM Trade Weak Points |
|---|---|
| Tight Regulation by ASIC | Regulatory standards and protection vary based on the entity |
| Funds protection | |
| Segregated accounts |
The company places utmost importance on safeguarding customer trades through variety of measures, including operation of the trading account, money management and use safety protocols set by the Regulatory authority.
Indeed leverage levels vary depending on the entity with which traders open an account. Since leverage constitutes one of the foremost regulated aspects, it’s imperative to understand the specific regulations governing each entity.
See some of our findings about Kohle Capital leverage:
KCM Trade provides traders with two account types: MT5 Low Spread Account and MT4 Standard Account. These accounts are accessible through either the MetaTrader 4 or MetaTrader 5 trading platforms accordingly. This range is quite convenient so traders can select the account type and platform that best aligns with your trading preferences and strategies. However, it is important to note that depending on the country of residence, account specifications, and the products available for trading may vary.
| Pros | Cons |
|---|---|
| Fast Account Opening | None |
| 2 Account types with ECN and STP execution for MT4/MT5 platforms | |
| No Deposit/Withdrawal fee |
Here are the steps to verify a KCM Trade trading account step by step:
While making our KCM Trade Review we see a diverse range of products offered, including Forex, Precious Metals, Energy CFDs, Indices, and Stock CFDs. Which is considered wide enough to explore different markets and asset classes with preferences and trading strategies.
KCM Trade offers access to over 40 currency pairs traded on the global financial market, Precious Metals trading, it engages in transactions involving assets such as gold and silver. For Instruments such as Forex and Precious metals, the available leverage is 1:400 if you trade via international entityt. The available leverage is lower for Energy CFDs and Indices (1:100) and 1:20 for Stock/Shares CFDs.
In our investigation on KCM Trade we discovered that the broker does not impose fees for deposits or withdrawals, making it a advantageous choice for traders.
Regarding commissions, the company may impose commissions on specific types of trading accounts or for certain assets, yet as we saw on the trading platform fees mainly build into the spread and varies based on the instrument you trade. Therefore, traders are advised to verify any potential fees with KCM Trade directly to ensure clarity.
| Fees | KCM Trade Fees | ATFX Fees | Deriv Fees |
|---|---|---|---|
| Deposit fee | No | No | No |
| Withdrawal fee | No | Yes | No |
| Inactivity fee | No | No | Yes |
| Fee ranking | Low | Low | Low |
Spreads, influenced by factors such as volatility and liquidity constitute a primary source of revenue for KCM Trade and Trading Fees trader pays to the broker for its services provided.
Since KCM Trade provides two distinct trading account options: the MT5 Low Spread Account and the MT4 Standard Account fees slightly vary based on the account type too. While MT5 Low Spread Account features spreads around 1.2 pips on the EUR/USD pair, the MT4 Standard Account offers spreads for the EUR/USD pair starting from 1.6 pips.
| Asset/ Pair | KCM Trade | ATFX | Deriv |
|---|---|---|---|
| EUR USD Spread | 1.2 pips | 1.8 pips | 0.2 pips |
| Energy CFDs | 4 | - | - |
| Gold Spread | 3.5 | 1 | 1 |
| BTC USD Spread | - | 180 USD | 1 |
As for the deposits and withdrawals from trading account, the broker provides multiple ways to fund trading accounts. Good to note that processing times for deposits and withdrawals vary depending on the chosen payment method also may vary based on the jurisdiction you trade with.
Deposits and withdrawals are available 24 hours a day, yet essential to note that the method utilized for depositing funds must also be used for withdrawals.
Here are some good and negative points on KCM Trade funding methods found:
| KCM Trade Advantage | KCM Trade Disadvantage |
|---|---|
| No deposit and withdrawal fees | Certain payment options may not be available within specific regions |
| Fast deposits and withdrawals | |
| 24 hour available withdrawals |
Funding options
When it comes to deposit options, you have the flexibility to choose among the most common methods KCM Trade supports, among common options there are some local payment methods provided too, which is a benefit among offering indeed:
The minimum deposit requirement for KCM Trade is $500, which is somehow in line with the market average, yet there are many Broker offering account openings from 100$ or even with no minimum deposit which might suit better some type of traders.
KCM Trade minimum deposit vs other brokers
| KCM Trade | Most Other Brokers | |
| Minimum Deposit | $500 | $500 |
According to the broker, withdrawals at KCM Trade are simple and swift for traders. The processing time for withdrawals may vary depending on the chosen withdrawal method, but typically, withdrawal take one working day which is ranked as a good proposal among industry competition.
KCM Trade mainstays on MT4 and MT5 platforms an industry-standard software loved by most traders due to efficient trading environment via Desktop Platform and convenient Mobile App. These platforms boast widespread recognition and offer an array of advantages, including access to numerous extensions and comprehensive educational resources for mastering trading tools available online. Besides, KCM provides access to Trading Central known research resource which is additional plus for traders.
MT4 (MetaTrader 4) is one of the most popular trading platforms used for Forex trading with access to a spectrum of various good features suitable for traders of different style which include real-time market data, sophisticated charting tools, and the capability to execute trades instantaneously. Moreover, MT4 facilitates algorithmic trading through custom indicators and expert advisors. The platform is also very convenient and easily accessible through desktop, mobile devices, and web-based platforms.
KCM Trade MT5 platform providers good charting capabilities with quality look and feel while trading, multiple time-frames, and diverse order types, alongside a robust algorithmic trading system like expert advisors, and custom indicators. Traders benefit from real-time market data and news updates, as well as a comprehensive view of their positions and trading history directly within the platform.
| Platforms | KCM Trade Platforms | ATFX Platforms | Deriv Platforms |
|---|---|---|---|
| MT4 | Yes | Yes | No |
| MT5 | Yes | No | Yes |
| cTrader | No | No | No |
| Own Platform | Yes | No | Yes |
| Mobile Apps | Yes | Yes | Yes |
One of the last points to consider while choosing Broker to trade is to check its customer support as a crucial factor for smooth trading experience. Effective and reliable customer support ensures that traders receive assistance promptly when encountering issues or requiring guidance. KCM Trade supports customers through phone inquiries, live chat, and email and has client service agents speaking in different languages, which is a big plus.
See our findings and Ranking on Customer Service quality:
| Pros | Cons |
|---|---|
| Customer oriented policy | No 24/7 customer service |
| Live Chat | |
| Good ranking of Support | |
| Fast answers |
KCM Trade provides traders with some essential knowledge resources alike how to trade and navigate trading platform on their website education section. There are different part in education that include important answers to questions that traders might have during trading. The broker covers a wide range of topics including how to start trading, managing the account with ease, information on payment systems, trading platforms, as well as offering trading advice and guidance.
However, as per our research on many Broker KCM Education is not this comprehensive like some brokers would offer, so if you’re a complete trading beginner it might be good to consider either other options or to sign for other detailed trading courses.
Overall, KCM Trade stands as a well-established, customer-oriented broker, offering a secure and regulated trading environment suitable for nearly every trader. Their services and products are tailored to specific requirements, providing a wide range of choices including accounts, platforms, tools, and instruments, so mostly all size or experience traders will find a good way with KCM.
KCM Trade stands out for offering one of the favorable propositions in terms of costs, trading conditions, and overall opportunities. KCM Trade provides quite a comfortable and rewarding trading experience for its clients, yet for complete beginners we would advise seek more professional education and research materials.
Based on our research KCM Trade stands out for the following features and offerings:
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