KCM Trade Review

  • Leverage: 1:400

  • Regulation: ASIC, FSA

  • Min. Deposit: 500 US$

  • HQ: Australia

  • Platforms: MT4, MT5, KCM Trade WebTrader

  • Found in: 2016

KCM  Trade Licenses:

  • Kohle Capital Markets Limited - authorized by ASIC registration number ABN 26 612 429 553
  • Kohle Capital Markets Limited - FSC (Mauritius) license number C117022600
  1. What is KCM Trade?
  2. KCM Trade Pros and Cons
  3. Is KCM Trade safe or a scam?
  4. Leverage
  5. Account types
  6. Market Instruments
  7. Trading Fees
  8. Spreads
  9. Deposits and Withdrawals
  10. Trading Platform
  11. Customer Support
  12. Education
  13. Conclusion

Our Review Method

  • 55Brokers Financial Experts with over 10 years of experience in Forex Trading checked all trading offerings, regulations and licenses, fees, spreads, platforms, customer service, and placed trades to see trading conditions and give expert opinions about KCM Trade.

What is KCM Trade?

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.

KCM Trade Pros and Cons

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.

AdvantagesDisadvantages
Regulated by ASICFirst deposit might be higher than some competitiors
1:400 LeverageRegulatory oversight vary based on entity
Low spreadsEducation is rather basic
Wide range of instruments
24/5 online support

KCM Trade Review Summary in 10 Points
🏢 HeadquartersAustralia
🗺️ RegulationASIC, FSA
🖥 PlatformsMT4, MT4, KCM Trade WebTrader
📉 InstrumentsForex, Precious Metals, Energy CFDs, Indices, and Stock CFDs
💰 EUR/USD Spread1.2 pips
🎮 Demo AccountAvailable
💳 Minimum deposit500$
💰 Base currenciesUSD, AUD
📚 EducationGuidelines how to navigate on the website
☎ Customer Support24/5

Overall KCM Trade Ranking

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.

  • KCM Trade’s Overall Ranking is 8 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
RankingKCM TradeATFX Deriv
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
AdvantagesTrading ConditionsTrading ProductsSpreads

KCM Trade Alternative Brokers

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:

  • FXTM – Good for Beginners and Good Fees
  • Deriv – Tight Spreads
  • AvaTrade – Good Instrument and CopyTrading

Is KCM Trade Safe or a Scam?

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.

Is KCM Trade Legit?

Yes, KCM Trade is a legit and regulated broker due to being licensed by a top-tier authority.

  • Kohle Capital Markets Pty Ltd (KCM Trade) operates under the authorization and regulation of the Australian Securities and Investments Commission (ASIC). Holding an Australian Financial Services License, KCM Trade ensures compliance with Australian laws and regulations governing its operations.
  • Also, the broker is regulated by the Mauritius Financial Services Commission with C117022600 license number.

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:

  • Our Ranked KCM Trade Trust Score is 9 out of 10 for the good reputation and services provided. However, trading services are available via offshore entities as well.
KCM Trade Strong PointsKCM Trade Weak Points
Tight Regulation by ASICRegulatory standards and protection vary based on the entity
Funds protection
Segregated accounts

How are you protected?

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.

  • The broker ensures the safety of its clients’ funds by keeping them separate from its accounts and refraining from using them for operational needs.

KCM Trade License

Leverage

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:

  • As an Australian broker, KCM Trade aligns with the regulatory standards set forth by the Australian Securities and Investments Commission (ASIC), therefore KCM Trade leverage is adjusted levels in accordance with ASIC regulations offering 1:30 for Forex instruments
  • Traders seeking higher leverage opportunities have the option to trade under the jurisdiction of the Mauritius Financial Services Commission. This regulatory body permits trading with leverage levels as high as 1:400, providing traders with increased flexibility and potential for amplified returns.

Account Types

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.

  • The MT4 standard account stands out as the most popular choice among investors for its user-friendly interface and robust functionality. This account type enables has access institutional levels of trading, benefiting from advanced tools and features while enjoying a seamless trading experience. The spreads for this account type start from 1.6 pips.
  • MT5 Low spread Account offers lower spread, providing newer technology, and deep market depth. With its newly designed technology and improved market access, the MT5 Low Spread Account provides traders with the necessary tools and good stability for various strategies like day trading.
ProsCons
Fast Account OpeningNone
2 Account types with ECN and STP execution for MT4/MT5 platforms
No Deposit/Withdrawal fee

How do I verify my account with KCM Trade?

Here are the steps to verify a KCM Trade trading account step by step:

  1. Fill in personal information
  2. Complete open account declaration
  3. Verify Identity
  4. Verify residence
  5. Upload the document to complete the verification

KCM Trade Accounts

Trading Instruments

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.

  • KCM Trade Range Score is 8 out of 10 for popular trading product selections. On the other hand, we found that some popular asset classes are not available to trade like Futures, ETFs and Investment in Stocks, so for this better to check other Brokers

Fees

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.

  • KCM Trade Fees are ranked average with an overall rating of 8 out of 10 based on our testing and compared to over 500 other brokers.
FeesKCM Trade FeesATFX FeesDeriv Fees
Deposit feeNoNoNo
Withdrawal feeNoYesNo
Inactivity feeNoNoYes
Fee rankingLowLowLow

Spreads

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.

  • KCM Trade Spreads are ranked low with an overall rating of 8.5 out of 10 based on our testing comparison to other brokers. We found Forex spread within the average or for some instruments lower than the industry average, so overall KCM spreads are competitive.
Asset/ PairKCM TradeATFXDeriv
EUR USD Spread1.2 pips1.8 pips0.2 pips
Energy CFDs4--
Gold Spread 3.511
BTC USD Spread-180 USD1

Deposits and Withdrawals

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.

  • KCM Trade Methods we ranked good with an overall rating of 8 out of 10. Fees are low, and you can also benefit from various payment options, yet good to consider differences on payment methods and processing based on your residency

Here are some good and negative points on KCM Trade funding methods found:

KCM Trade AdvantageKCM Trade Disadvantage
No deposit and withdrawal feesCertain 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:

  • Credit Cards or Debit cards
  • UnionPay
  • American Express
  • PayPal
  • Thai QR Payment

KCM Trade minimum deposit

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

KCM Trade Withdrawal

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 Payments

KCM Trade Trading Platforms

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.

Mobile Trading

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 MetaTrader5

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.

  • KCM Trade’s platform earns an outstanding overall rating of 9 out of 10, surpassing over 500 other brokers in the industry. This excellent rating is due to KCM Trade’s commitment to providing traders with a choice between the highly acclaimed platforms, MT4 and MT5.
PlatformsKCM Trade PlatformsATFX PlatformsDeriv Platforms
MT4YesYesNo
MT5YesNoYes
cTraderNoNoNo
Own PlatformYesNoYes
Mobile AppsYesYesYes

KCM Trade Customer Support

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.

  • Customer Support in KCM Trade is ranked Good with an overall rating of 8 out of 10 based on our testing. The support team is knowledgeable, fast answers are received on Live Chat. Also, it is quite easy to get assistance during the working days.

See our findings and Ranking on Customer Service quality:

ProsCons
Customer oriented policyNo 24/7 customer service
Live Chat
Good ranking of Support
Fast answers

KCM Trade Education

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.

  • KCM Trade Education ranked with an overall rating 7 out of 10 based on our check. The broker provides good Educational guidelines on how to navigate the website and engage in successful trading which are mainly provided as written articles.  Yet, we think education is rather basic and missing complete trading courses and online videos too, so for complete beginners would be good to check other education resources too. 

KCM Trade Education

KCM Trade Review Conclusion

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:

  • STP/ECN Execution Type
  • Currency Trading and CFD Trading
  • MT4, MT5 platforms
  • Hedging
  • Low spreads
  • High leverage up to 1:400
  • EAs
  • Suitable for a Variety of Trading Strategies
  • Tight regulation
  • Good customer support

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