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Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information
| KCM Trade Review Summary in 10 Points | |
| Founded | 2016 |
| Registered Country/Region | Mauritius |
| Regulation | ASIC |
| Market Instruments | Forex, Precious Metals, Energy CFDs, Indices, Stock CFDS (Shares) |
| Demo Account | Available |
| Leverage | 1:400 |
| EUR/ USD Spreads | 0.6 pips |
| EUR/USD Spread | 1.2 pips ( MT5 Low Spread Account)1.6 pips ( MT4 Standard Account ) |
| Trading Platforms | MT4/ MT5 |
| Minimum Deposit | 1,000$ |
| Customer Support | Live chat, WhatsApp, Phone , Email |
What is KCM？
KCM Trade is a trademark of Kohle Capital Markets Limited. It holds Australia Securities & Investment Commission (ASIC, No. 489437) license. KCM Trade is a trading firm that provides online brokerage services to both retail and institutional clients. Founded as a liquidity provider, the firm utilizes its experience and expertise to provide its clients with a reliable trading environment.
KCM Trade offers a range of financial instruments for trading, including forex, metals, energies, indices, and Stock CFDS (Shares). The broker provides its clients with access to trading platforms, tools, research, and educational materials, all of which are designed to help traders achieve their trading goals.
The firm operates with low spreads, fast order execution, and multi-level market depth, all of which facilitate a high-quality trading experience. Additionally, KCM Trade allows traders to use a variety of trading strategies, including hedging and Expert Advisors (EAs).
https://youtu.be/s5p3XSPnKU4 (Open the video link to watch the promo)
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
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Is KCM Trade Safe or Scam？
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.
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.
Those are general information about trading instruments. If you want learn more about them, you can research its website.
Accounts
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 Features | Details |
| EUR / USD has the Lowest Spreads | 1.2 pips |
| Execution Type | STP |
| Leverage | Up to 1:400 |
| Minimum Order | 0.01 lot |
| Negative Balance Protection | Yes |
| Trading Platform | MT5 |
| Available Platforms | Web, Desktop, Mobile, Tablet |
| Depth of Market | 5 Levels |
| Setup Fee | Free |
| Minimum Deposit | From $1000 |
| Deposit/Withdrawal Fee | None |
| Force Close Margin Levels | 50% |
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 Features | Details |
| EUR / USD has the Lowest Spreads | 1.6 pips |
| Execution Type | STP/ECN |
| Leverage | STP - Up to 1:400 |
| Minimal Order | 0.01 lot |
| Negative Balance Protection | Yes |
| Trading Platform | MT4 |
| Available Platforms | Web, Desktop, Mobile, Tablet |
| Depth of Market | 5 Levels |
| Setup Fee | Free |
| Minimum Deposit | From $1000 |
| Deposit/Withdrawal Fee | None |
| Force Close Margin Level | 50% |
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.
KCM Trade allows their clients to choose the leverage level they prefer according to their trading experience, risk appetite, and trading goals. It is important to note that leverage requirements vary depending on the trading asset and could change according to market volatility. Some high-risk assets may have lower leverage limits than the general trading instruments.
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.
Below is a comparison table about spreads and commissions charged by different brokers:
| Broker | EUR/USD Spread | Commission |
| KCM Trade | 1.6 pips | None |
| IG | 0.6 pips | None |
| Pepperstone | 0.0 pips | $7 round turn |
| Tickmill | 0.1 pips | $4 round turn |
Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions.
Trading Platforms
KCM Trade offers several trading platforms for its clients, allowing them to choose an option that suits their individual trading needs. Here's a quick summary of KCM Trade's trading platforms:
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, which automates the trading process. The platform can be accessed on desktop, mobile devices, and web-based platforms, making it highly convenient for traders. MT4's popularity is attributed to its user-friendly interface, robust features, and high level of customizability. Overall, MT4 is considered a reliable and efficient trading platform that is suited for traders of all levels.
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.
MT5 offers advanced charting, multiple time-frames, and order types, and a powerful algorithmic trading system, which includes expert advisors, scripts, and custom indicators. Traders can also access real-time market data and news, and get a detailed view of their positions and trading history on the platform.
MT5 is designed to trade a broader range of assets, including stocks, futures, and options. It offers a hedging function, which can be useful for risk management, and allows traders to have both long and short positions on the same instrument simultaneously, whereas MT4 only allows hedging on a single account.
Overall, KCM Trade's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.
See the trading platform comparison table below:
| Broker | Trading Platform |
| KCM Trade | MT4/MT5 |
| FXTM | MT4/MT5 |
| TD Ameritrade | Thinkorswim |
| Pepperstone | MT4/MT5、cTrader |
Trading Tools
KCM Trade offers its clients a variety of trading tools, including:
(1) Resources and Tools: KCM Trade provides its clients with a range of resources and practical tools, including trading education, market analysis, economic calendar, technical indicators, multiple trading order types, and more.
(2) Automated Trading: KCM Trade allows users to trade using automated trading and programs. Traders can write their own trading algorithms in the MetaTrader 4 platform and execute trades using the automated trading function.
Overall, KCM Trade offers its clients a variety of practical trading tools to meet the needs of different types of traders. These tools provide convenient trading and analytical features to help traders conduct profitable trading activities in the global financial markets.
Deposits & Withdrawals
KCM Trade accepts deposits via multiple payment methods including VISA, Mastercard, UnionPay, AMERICAN EXPRESS, PayPal and THAI QR PAYMENT.
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.
Overall, KCM Trade's deposit process is relatively straightforward, with a range of payment options available to meet the needs of traders. However, traders should be aware of any associated fees and processing times when selecting a payment method.
KCM Trade minimum deposit vs other brokers
| KCM Trade | Most other | |
| Minimum Deposit | $1,000 | $100 |
Customer Service
KCM Trade accepts many customer services such as live chat, WhatsApp, phone（+230 5297 0961), email (CS@kcmtrade.com ), and social media such as Facebook, YouTube and LinkedIn.
At KCM Trade, a Customer Support team of fifty people is set up to provide efficient services to customers around the world. They provide multilingual customer service for customers in different market. Most enquiry is answered within one working day.
Overall, KCM Trade's customer service is considered reliable and responsive, with various options available for traders to seek assistance.
| Pros | Cons |
| Multi-channel support | No 24/7 customer support |
| Quick response times from customer support agents | No in-person customer service available |
| Multilingual support for global clients | |
| Personalized service with dedicated account managers |
Note: These pros and cons are subjective and may vary depending on the individual's experience with KCM Trade's customer service.
Conclusion
KCM Trade has a strong background as a liquidity provider and has expanded its services to retail traders, offering a range of financial instruments for trading.
KCM Trade provides its clients with a reliable trading environment with low spreads, fast order execution, and multi-level market depth. Additionally, the firm allows traders to use a variety of trading strategies, including hedging and Expert Advisors (EAs), making it an attractive option for traders with different trading styles and approaches.
Whats more, KCM Trade is regulated by the Australian Securities and Investment Commission (ASIC) with license number 489437. ASIC is a government agency in Australia that is responsible for regulating and supervising the country's financial markets to ensure they are fair, transparent, and stable. Being regulated by ASIC means that KCM Trade must comply with Australian financial regulations and adhere to ASIC's regulatory requirements. For investors, choosing a company that is regulated by ASIC can provide a greater sense of security and trust in their investment.
Frequently Asked Questions (FAQs)
| Q 1: | Is KCM Trade regulated？ |
| A 1: | Yes. It is regulated by Australia Securities & Investment Commission (ASIC, No. 489437). |
| Q 2: | At KCM Trade , are there any regional restrictions for traders？ |
| A 2: | Yes. Kohle Capital Markets Limited does not provide services to residents of certain jurisdictions including the United States, Cuba, Iran, Sudan, Syria and North Korea (North Korea). |
| Q 3: | Does KCM Trade offer the industry leading MT4 & MT5？ |
| A 3: | Yes. It offers MT4 and MT5 on Web, desktop, mobile and tablet. |
| Q 4: | What is the minimum deposit for KCM Trade？ |
| A 4: | The minimum initial deposit to open an account is $1,000. |
| Q 5: | Is KCM Trade a good broker for beginners？ |
| A 5: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. |
