Overview Of Kubera Markets
Kubera Markets Is An Online Financial Trading Service Provider Established In Malaysia In 2023. The Company Offers Traders Trading Services For A Wide Range Of Financial Instruments, Including Metals, Forex, Commodities, Cryptocurrencies, And Stocks, Among Others, Through The MetaTrader 5 (MT5) Platform. Kubera Markets Offers Demo Accounts And Islamic Accounts, And The Minimum Deposit To Open A Real Account Is Only $50. However, Its Legality Has Been Questioned, Especially As Its Alleged Malaysian Financial Services Authority (LFSA) License Is Considered A Dubious Clone.
Company Background
Established: 2023
Headquarters Location: Malaysia
Tradable Instruments: Over 1,000, Covering Metals, Foreign Exchange, Commodities, Cryptocurrencies And Stocks
Trading Platform: MetaTrader 5 (MT5)
Account Type: Classic Account, Premium Account, Demo Account And Islamic Account
Minimum Deposit: $50 (Classic And Premium Account), $20,000 (Premium Account)
Regional Restrictions: Afghanistan, Algeria, Angola, Bulgaria, Brazzaville Burkina Faso, Cameroon, Côte D'Ivoire, Croatia, Democratic Republic Of The Congo, Haiti, Iran, Kenya, Lebanon, Malaysia, Mali, Monaco, Mozambique, Namibia, Nigeria, North Korea, Philippines, Russia, South Africa, South Sudan, Syria, Tanzania, USA, Venezuela, Vietnam, Yemen
Pros And Cons
Pros:
Product Diversity: More Than 1,000 Tradable Instruments Are Available.
Low Threshold: Minimum Deposit Of Only $50 For Classic And Premium Accounts, Suitable For Small Traders.
Demo Account: A Demo Trading Account Is Provided To Help Newbies Become Familiar With The Trading Environment.
Islamic Account: Satisfies The Interest-free Trading Needs Of Islamic Finance Principles.
MT5 Platform: Supports Multiple Devices (web, Desktop, Mobile) And Is Suitable For The Needs Of Different Traders.
24/7 Customer Support: Trading Support And Advice Is Available 24/7.
Disadvantages:
Suspicious License: Its Malaysian Financial Services Authority (LFSA) License Is Identified As A Clone, Which May Lead To Funds Security Issues.
Regional Restrictions: The Platform Is Not Available In Some Countries And Regions.
Newly Established: The Company Is At An Early Stage And Its Stability And Reliability Have Not Yet Been Fully Verified.
Unclear Payment Methods: Lack Of Clear Payment Method Instructions, Which May Increase Inconvenience For Traders.
Legitimacy
The Legitimacy Of Kubera Markets Has Been Seriously Questioned. Its Purported License From The Malaysian Financial Services Authority (LFSA) Is Considered A Dubious Clone Rather Than A Truly Regulated Financial Institution Group. This Means That Traders May Face Higher Risks When Choosing Kubera Markets To Trade, Including Safety Of Funds Issues And Lack Of Consumer Protection.
Market Instruments
Kubera Markets Offers A Variety Of Financial Instruments, Including:
Metals: Such As Gold, Silver, Etc.
Forex: Offers Major And Minor Currency Pairs.
Commodities: Energy Products (such As Crude Oil), Agricultural Products, Etc.
Cryptocurrencies: Such As BTC/USD, ETH/USD, Etc.
Stocks: Selected Stocks Of Globally Renowned Companies.
Account Types
Kubera Markets Offers Three Real Accounts:
- Classic Account:
Minimum Deposit: $50
Base Currency: AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL
Execution Type: Market Execution
Suitable For Beginners
- Advanced Account:
- Top Account:
Minimum Deposit: $50
Base Currency: Same As Classic Account
Execution Type: ECN Execution
Suitable For: Experienced Traders And Scalpers
Minimum Deposit: $20,000
Base Currency: Same Classic Account
Execution Type: ECN Execution
Suitable For: Professional Traders And Money Managers
Kubera Markets Fee Structure
Kubera Markets Offers Three Different Account Types, Each With Unique Fees, Depending On The Needs Of Different Traders Structure To Suit Different Levels Of Traders. Here Is A Detailed Introduction:
1. Classic Account:
Spread: Starting From 1.2 Pips. This Means That Traders Need To Bear A Minimum Market Spread Cost Of 1.2 Pips Every Time They Open And Close A Position.
Commission: Classic Accounts Do Not Charge Any Additional Commissions. This Undoubtedly Reduces Trading Costs For Traders Who Are New To Financial Marekt, Allowing Them To Focus More On Learning And Practice.
Suitable For The Object: This Account Is Designed For Beginners And Aims To Provide A Low Threshold, Low Cost Trading Environment, Allowing Novices To Familiarize Themselves With Market Operations And Master Basic Trading Skills Without Burning Funds.
2. Advanced Account:
Spread: Starting From 0 Pips. The Zero Spread Means That Traders Only Have To Bear The Extremely Low Cost Of Market Spreads, Which Is Very Attractive In Financial Trading And Is Especially Suitable For Experienced Traders Who Need To Trade Frequently And Pursue Extreme Profits.
Commission: $3 Per Side Is Charged Per Lot. Although The Commission Is Slightly Increased, It Does Not Have A Significant Impact On The Overall Trading Cost For Experienced Traders, Especially Those With Larger Trading Volumes.
Suitable For Object: This Kind Of Account Is Designed To Meet The Needs Of Experienced Traders, Including Those Who Are Used To High-frequency Trading And Scalping Strategies.
3. Top Account:
Spread: Again Starting From 0 Pips, The Same As The Premium Account, Ensures That Traders Have The Lowest Cost Of Market Spreads When Trading.
Commission: This Is The Lowest Commission Of The Three Accounts, Charging Only $1 Per Side Per Lot. For Those Traders Who Have Very High Volume Or Need To Trade At High Frequency, This Low Commission Model Is Able To Significantly Reduce The Overall Trading Cost, Thus Increasing The Profit Potential.
Suitable For: This Account Is Designed For Professional Traders, Money Managers Or Institutional Investors, Meeting Their Low Cost Needs Under High Volume, As Well As The Extreme Requirements Of The Trading Environment.
Trading Platform
Kubera Markets Uses MetaTrader 5 (MT5) As Its Primary Trading Platform And Supports Web, Desktop And Mobile Devices. Features Of MT5 Include:
Technical Analysis Tools: Such As Chart Analysis, Indicators, Tools, Etc.
Order Management: Support For Market Orders, Limit Orders, Stop Loss And Take Profit Functions.
Economic Calendar: Provides Real-time Updates On Market Events And Economic Data.
Customer Support
Support Hours: 24/7 Customer Support
Contact Information: Kubera Markets Can Be Contacted Via Contact Form Or Email.
Office Address: Suite 3, Unit E, 9th Floor, Labuan Financial Park Tower, Federal Territory Of Malaysia, Jalan Merdeka, 87000.
Summary
Kubera Markets Offers A Diverse Range Of Financial Instruments And Lower Trading Thresholds, Suitable For Different Types Of Traders. However, Its Questionable License And Regional Restrictions Are Potential Risk Factors. Traders Should Fully Understand The Background And Risks Before Choosing Kubera Markets, Especially Its Unregulated Status May Have An Impact On The Safety Of Their Funds. Investors Are Advised To Choose A Platform Regulated By An Authoritative Financial Regulator To Reduce Latent Risk.
