KVB PRIME Overview
KVB PRIME Is A Relatively New Trading Platform Based In Samoa, Operating For 1-2 Years. It Does Not Have Regulatory Oversight.
The Platform Offers A Wide Range Of Trading Instruments, Including Forex, Commodities, Stocks, Indices, And Cryptocurrencies. However, The Lack Of Regulation May Affect The Safeguards And Protections Available To Traders.
KVB PRIME Offers Different Types Of Accounts, Including PRIME And ECN Accounts, With Various Leverage Options. In Addition, Demo Accounts Are Available For Practice Use. The Platform Offers A Mobile Trading Application, MetaTrader 4, And A Copy Trading Service
Is KVB PRIME Legal?
KVB PRIME Operates Without Regulatory Oversight, Meaning It Lacks Formal Supervision From A Financial Institution Or Governing Body. The Lack Of Regulation May Pose Potential Risks To Traders And Investors As There May Be Limited Safeguards And Protections In Place Compared To Regulated Entities.
Market Tools
Forex:
KVB PRIME Offers A Range Of Forex (forex) Instruments, Including AUDCAD, AUDCHF, And AUDJPY. These Instruments Enable Traders To Participate In Global Currency Trading And Take Advantage Of Fluctuations In Currency Values. Each Forex Instrument Has Its Own Spread, Leverage Ratio, And Trading Hours, Providing Traders With Options That Suit Their Trading Strategies And Preferences.
Commodities:
KVB PRIME Provides Access To Commodity Markets Through Instruments Such As XAGUSD (silver) And XAUUSD (gold). These Commodities Can Be Traded With Different Spreads And Leverage Ratios. Traders Can Use The Fluctuations In Precious Metals Prices To Diversify Their Portfolios And Potentially Benefit From Market Volatility.
Secure Hashing Algorithm Stocks:
The Platform Also Offers Stocks Of Well-known Companies Such As Apple Inc (#AAPL), Qualcomm Inc (#AMD), Amazon Inc (#AMZN), And Broadcom Inc (#AVGO). These Stock Instruments Feature Consistent Spreads And Leverage Ratios, Enabling Traders To Invest In The Stock Market And Participate In The Performance Of These Companies.
Indices:
Indices That Can Be Traded On KVB PRIME Include The DAX (German Stock Index), Nikkei (Nikkei), And Hang Seng (Hang Seng Index). These Instruments Represent The Performance Of A Specific Stock Market And Provide Traders With Exposure To Broader Market Trends. Each Index Instrument Has Its Own Spread, Leverage Ratio, And Trading Hours.
Cryptocurrencies:
KVB PRIME Offers A Range Of Cryptocurrencies, Including AVAXUSD (Avalanche), BCHUSD (Bitcoin Cash), BNBUSD (BNB), And BTCUSD (Bitcoin). These Cryptocurrency Instruments Feature Fixed Percentage Swap Rates And Trading Schedules, Enabling Traders To Participate In The Fast-moving And Dynamic Cryptocurrency Markets.
Account Types
PRIME Accounts:
PRIME Account Types Are A Versatile Option For Both New And Experienced Traders. It Offers A Wide Range Of Leverage Options, Including 1:100, 1:200, 1:400, And 1:800. The Account Uses Market Execution And Has A Floating Spread Starting At 1.5 Pips. The Stop-out Level For PRIME Accounts Is Set At 100%.
ECN Accounts:
The ECN Account Type Requires An Initial Deposit Of $2,000 And Offers Leverage Options Of 1:100, 1:200, 1:400, And 1:800. Similar To The PRIME Account, The ECN Uses Market Execution But Offers A Floating Spread Starting At 0 Pips. The Stop-out Level For The ECN Account Is Also Set At 100%.
In Addition, KVB PRIME Offers A Demo Account With Virtual Funds, Allowing Users To Practice Trading On The Platform Without Financial Risk. Creating A Demo Account Through The MT4 Platform Is A Simple Process, With The Server Selected As KVBPrimeLimited-Demo.
Leverage
KVB PRIME Offers Floating Leverage Options With A Maximum Ratio Of 1:800.
Spread
KVB PRIME Offers A Spread As Low As 0. This Means That Traders May Experience Zero Spreads On Certain Trading Instruments, Potentially Reducing Trading Costs And Increasing Profit Opportunities.
Non-trading Fees
KVB PRIME Levies An Inactivity Fee, Which Is Triggered After 181 Consecutive Days Of Inactivity. In This Case, The System Deducts $10 From The Account Balance Every 30 Days Until The Account Balance Reaches $10 Or Less.
Minimum Deposit
In Each Transaction On KVB PRIME, The Minimum Deposit Amount Is $1 And The Maximum Limit Is $75,000.
Deposits And Withdrawals
KVB PRIME Offers A Variety Of Deposit Methods, Including Bank Cards, NB Deposits, And USDT Deposits. Deposits Are Credited Instantly, And For Bank Transfers, The Minimum Withdrawal Amount Is $500 For Chinese Customers And $20 For Non-Chinese Customers. The Minimum Withdrawal Amount For NB Withdrawals Is 1 NB, And The Minimum Withdrawal Amount For USDT Withdrawals Is 20 USDT. Withdrawals Are Usually Processed Within 1-3 Business Days, And Large Withdrawals May Be Delayed. The Platform Offers Three Withdrawal Methods: NB, USDT And Bank Card, And Users Can Choose Their Preferred Method To Initiate A Withdrawal Through The User Center.
Trading Platform
META TRADER 4: MetaTrader 4 (MT4) Is A Widely Known Trading Platform, Known For Its Status As An Industry Standard. It Provides An Intuitive User Interface And A Feature-rich Trading Environment. KVB PRIME APP: KVB PRIME APP Is A Mobile Trading Software Developed In-house By The Company. It Provides Features Such As Market Quotes, Charts, Trading Functions, Account Management, Deposit/withdrawal Options And Market Information.
COPYTRADE (Automated Trading)
COPYTRADE Is A System Provided By FOLLOWME, A Third-party Service Provider. It Acts As A Trading Community Where Users Around The World Can Connect And Interact. Traders Can Share Their Trading Experiences, Showcase Strategies, And Exchange Information.
Users Can Automatically Copy The Trades Of Experienced Traders. The Process Involves Connecting Their Trading Accounts, Subscribing To A Trading "signal" Provider, And Copying Their Orders.
FOLLOWME Has More Than 500,000 Registered Users From More Than 170 Countries. Traders Can Subscribe To Multiple Signal Providers Based On Their Preferences And Risk Tolerance, Paying A Subscription Fee, Which Is Usually Around $30 Per Month. The Platform Also Provides Risk Control Tools For Users.
Educational Tools
KVB PRIME Offers A Range Of Educational Tools To Help Traders Make Informed Decisions. They Provide Real-time Market Quotes For Instruments Such As AUDCHF, GBPNZD, #NKE, #PG, And #V, Allowing Traders To Closely Monitor Price Movements In Different Time Frames. In Addition To Market Quotes, KVB PRIME Also Provides Insights And News Articles. In Addition, KVB PRIME Also Provides Technical Analysis For Specific Currency Pairs Such As NZD/JPY And USD/JPY To Help Traders Identify Potential Entry And Exit Points. This Technical Analysis Helps Traders Develop Their Trading Strategies Based On Market Trends And Support And Resistance Levels. Technical Analysis Is Another Aspect Of KVB PRIME's Offering, Providing Information On Specific Currency Pairs Such As NZD/JPY And USD/JPY. This Technical Analysis Provides Intraday Guidance And Alternatives To Help Traders Make Decisions. For Beginners, KVB PRIME Provides Educational Resources On The Basics Of Forex Trading, Including Explanations Of The Forex Market, Forex Trading, And Forex Brokers. Traders Can Learn About Currency Pairs, Bid And Ask Prices, And The Concept Of Spreads. These Resources Are Particularly Helpful For Novice Forex Traders, Helping Them Understand The Basics. Finally, KVB PRIME Provides Educational Videos Covering Trading Guides, Company Branding, And Media-related Content. These Videos Provide Additional Learning Materials For Traders Seeking To Improve Their Knowledge And Skills In The Financial Markets.
Customer Support
KVB PRIME Provides Tailored Customer Support For Its Greater China And European Customers. For Greater China Customers, They Can Be Contacted Via Email Support@kvbprime.com Or Call 400-886-7005 During Service Hours. European Customers Can Also Contact The Support Department Via Email Support@kvbprime.com During The Same Service Hours. In Addition, Live Chat Support Is Also Provided For Quick Assistance.
