KVB PRIME Review – What to expect from the broker

KVB PRIME is a Forex and CFD Broker that features on its trading platform currency pairs as well as CFDs on metals and energies. KVB Prime (UK) Limited is regulated and overseen by the Financial Conduct Authority (FCA) in the United Kingdom. The broker charges on EUR/USD spread 1.6 pips*, real trading is possible with a minimum deposit of $100.

What do we cover in our KVB PRIME Review?


General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information about the broker

  • Website address: www.kvbprime.co.uk
  • Leverage: up to 1:25
  • Instruments: Forex, CFDs – metals, energies
  • Minimum deposit: $100
  • Demo account: N/A
  • Methods of deposit and withdrawal: Wire Transfer, Skrill, Neteller, WebMoney, Credit and debit cards (Visa/MasterCard/Maestro)

KVB PRIME Trading Platform

For FX and CFD trading, KVB PRIME offers MT4. A popular platform used not only for executing trades but also for analyzing financial markets and automated trading. MT4 can be downloaded to any computer or can be accessed via just a web browser or a mobile application. The trading platform gives access to around 30 trading instruments.

KVB PRIME Spreads

As any other CFD broker, KVB PRIME charges a spread fee. For the most current spread charges, please visit the kvbprime.co.uk website. Here is a spread comparison table that contrasts KVB PRIME spreads with popular industry competitors.


Asset EUR/USD USD/JPY GBP/USD AUD/USD
KVB PRIME* 1.6 1.6 2.6 1.9
Plus500** 0.6 0.7 1.1 0.6
IQOption** 1.2 0.9 1.5 1.6

*Floating spreads recorded on 14.20.2019 at 9:08 GMT for the prime-spread account. Spread charges were taken from the website of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.

KVB PRIME regulation

KVB Prime (UK) Limited is authorized and regulated under the Financial Conduct Authority with reference number 622574.

Advantages and disadvantages

Every Broker has its pros and cons, let’s have a look at the ones that elevate & denounce KVB PRIME.

KVB PRIME Pros
  • Low minimum deposit
KVB PRIME Cons
  • Low number of assets (no CFDs on shares, indices, cryptocurrencies)

To sum up the KVB PRIME Review

KVB PRIME adheres to strict regulatory guidelines of the FCA. The broker does not charge particularly attractive spreads, they are worse than average in the FX industry. The company features a popular trading platform MT4, but the number of available assets is quite poor (not to mention, there are no CFD on shares, indices not cryptocurrencies.

Your review can make a difference to other traders, please leave a comment if you have any personal experience with KVB PRIME.



Michael

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