KCM Trade operates based on a dual-account model [ECN, STP] with a minimum initial deposit of $1,000. Offering leverage up to 1:400, this broker offers 3 trading platforms [MetaTrader 4, MetaTrader 5, proprietary] with more than 200 financial instruments.
KCM Trade Company Information & Regulation
KCM Trade, founded in 2016 as a liquidity provider, expanded its services to retail clients in 2019. The company is part of the larger KCM Group and is led by CEO Ryan Tsui.
Operating under the legal name Kohle Capital Markets Limited, KCM Trade is regulated by the Mauritius Financial Services Commission (FSC) under license number C117022600.
It is registered at The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, Ebene 72201, Republic of Mauritius.
KCM Trade Broker Summary of Specifics
Giving you a quick overview of what the broker offers, here's a summary table of key details:
Broker | KCM Trade |
Account Types | ECN, STP, Demo |
Regulating Authority | FSC Mauritius |
Based Currencies | USD, EUR |
Minimum Deposit | $1,000 |
Deposit Methods | Bank Transfers, Credit/Debit Cards, E-payment systems, Crypto |
Withdrawal Methods | Bank Transfers, Credit/Debit Cards, E-payment systems, Crypto |
Minimum Order | 0.01 Lots |
Maximum Leverage | 1:400 |
Investment Options | N/A |
Trading Platforms & Apps | MetaTrader 4, MetaTrader 5, Proprietary |
Markets | Forex, Commodities, Energies, Metals, Crypto ETFs, Indices, Stocks |
Spread | From 1.2 Pips |
Commission | None |
Orders Execution | Market |
Margin Call / Stop Out | N/A |
Trading Features | Economic Calendar, Signal Centre, AI Mentor |
Affiliate Program | Yes |
Bonus & Promotions | None |
Islamic Account | N/A |
PAMM Account | None |
Customer Support Ways | Email, Ticket, Phone Call, Live Chat |
Customer Support Hours | 24/5 |
Available Account Types & Comparison
KCM Trade offers two main account types [STP, ECN] for real trading, along with a demo account option for practice.
Actually, the company does not go into detail regarding these accounts; as mentioned, STP requires a $1,000 minimum deposit, while ECN has a higher initial funding.
Also, ECN accounts have various order execution types and lower spreads, along with advanced features and tools.
KCM Trade Registration and Verification Tutorial
Opening an account with this broker is explained step-by-step here:
- Visit the KCM Trade website and click on the "Open Account" button;
- Fill in the registration form with personal details, including name, phone number, and email address and choose your platform;
- Add your birthdate and set a secure password for your trading account;
- Enter the PIN sent to your email address;
- Provide additional information and complete the account opening process.
Afterwards, complete the KYC (Know Your Customer) verification process by uploading the required documents and wait for the verification process to be completed.
Trading Platforms
KCM Trade offers 3 main trading platforms with applications available on various operating systems.
MetaTrader 4 (MT4)
- Industry-standard platform known for its reliability and ease of use
- Customizable interface with multiple chart types and timeframes
- Access to Expert Advisors (EAs) for automated trading
Links:
MetaTrader 5 (MT5)
- More advanced version of MT4 with additional features
- Enhanced charting capabilities and analytical tools
- Improved backtesting capabilities for EAs
Links:
Proprietary
- User-friendly interface with essential trading tools
- Real-time quotes and charts
- Quick order execution
Links:
Spreads and Commissions
KCM Trade offers competitive spreads and a commission-free trading model. Based on the available data, spreads start from 1.2 pips, and there are no other types of fees for deposits/withdrawals and other operations.
KCM Trade Broker Funding/Withdrawal Options
The broker offers 6 options for depositing and withdrawing funds:
- Credit/Debit Cards: VISA, MasterCard
- Local Payment Systems: UnionPay, Thai QR Payment
- E-Wallets: American Express, PayPal
Copy Trading and Other Available Investment Options
As of the latest information available, KCM Trade does not offer copy trading or different investment features. This means that traders cannot earn passive income via this broker.
KCM Trade does, however, offer a Signal Centre tool that offers trading signals and ideas which can help earning profits in a way.
Available Bonuses and Promotional Offers
Per our investigations when writing this article, KCM Trade does not offer any specific bonuses or promotions.
This is not uncommon among brokers regulated by top-tier authorities, but KCM is not one of them since it only has a license from Mauritius’s FSC.
Support Channels and Schedule on KCM Trade
KCM Trade provides customer support through 4 channels:
- Email: cs@kcmtrade.com
- Live Chat: Available on the website and LINE
- Phone: +23052970961
- Ticket: Submittable via the site
Based on the provided data, there is no around-the-clock in all-week support team; the schedule is 24/5.
Which Trust Scores Have Been Given to KCM Trade?
KCM’s scores on ScamAdviser and other reputable webpages has received positive and acceptable reviews from various sources:
- Trustpilot: 4.3/5 based on 25+ reviews (80%+ 5-star scores)
- ScamAdviser: 100/100 trust score
Conclusion and Final Words
KMC Trade, with a 24/5 support department available via 4 channels [live chat, phone call, email, ticket], offers trading features such as an economic calendar, a Signal Centre, and an AI Mentor.
This financial brokerage has received a 4.3/5 trust score from users on Trustpilot website.