KVB Prime only offers one main live trading account that has been designed to cater to the varying needs of traders, regardless of whether they are beginners or professional traders.
KVB Prime at a glance
| Broker's Name | KVB Prime |
| 📍 Headquartered | Manchester, UK |
| 📅 Year Founded | 2014 |
| ⚖️ Regulating Authorities | FCA |
| 🌐 Countries not accepted for trade | United States, Canada, European Union, Hong Kong, Australia, Japan, South Africa |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | Yes – MAM |
| 📈 Maximum Leverage | 1:800 |
| 💰 Minimum Deposit | 10 USD/150 ZAR |
| 💳 Deposit Options | NEWBIT Payment Asia UnionPay Bank Wire Transfer |
| 💳 Withdrawal Options | NEWBIT Payment Asia UnionPay Bank Wire Transfer |
| 💻 Platform Types | MetaTrader 4, KVB Prime App, FOLLOWME CopyTrade |
| 📱 OS Compatibility | Linux, Windows, macOS, Android, iOS, web browsers |
| 📈 Tradable assets offered | Forex Cryptocurrencies Commodities Shares Indices |
| 👨💼 Languages supported on Website | English, Vietnamese, Indonesian, Malay, Thai, Chinese |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5, |
Overall Rating
4.3/5
Rated #525 of
Recommended FX Brokers
Minimum Deposit –
Regulators –
–
Yes
📈 Total Pairs
–
Islamic Account No
Trading Fees Low
24 Hours
KVB Prime Account Types – 8 key points quick overview:
- KVB Prime Overview
- KVB Prime Account Types
- KVB Prime Account Features
- KVB Prime Demo Account
- KVB Prime Islamic Account
- KVB Prime Pros and Cons
- Conclusion
- FAQ’s
KVB Prime Overview
KVB Prime has been in operation since 2014 and it is a reputable and well-regulated financial company that specializes in the provision of CFD and Forex trading. KVB Prime is based in the United Kingdom, offering robust and seamless trading services across a range of markets.
Traders can also expect a choice between MetaTrader 4 and KVB Prime’s innovative trading app. Apart from its innovative and comprehensive trading services and solutions, KVB Prime is committed to offering competitively low trading fees that start from 0.0 pips on EUR/USD and several other major currencies, which reduces the overall cost of trading for retail traders.
To ensure that traders have a rich trading experience, KVB Prime offers high-margin, low-latency trading solutions with the benefit of market execution, with liquidity that is provided by top financial institutions.
KVB Prime is commended by several global award entities for its excellent trading solutions and dedication to providing an immersive and dynamic trading experience. When traders use the solutions and services of KVB Prime, they can also rest assured that their funds are safeguarded and that financial records are audited frequently by regulatory entities.
KVB Prime also offers the advantage of a one-key position, allowing traders to instantaneously close positions of the same variety or that are in the same direction. Traders can also set up trade and price alerts that are delivered either to their email or mobile phone through push notifications, ensuring that traders are always updated with the latest news and movements in the markets.
KVB Prime Account Types
KVB Prime is known for its competitive trading conditions that consist of high leverage, tight and floating spreads, low minimum deposit requirements, and more.
KVB Prime Account Features
Standard Account
When traders register a live trading account with KVB Prime, they can expect the following comprehensive features from their account:
️ A minimum deposit of 10 USD (150 ZAR).
️ Floating leverage ranges from between 1:10 on cryptocurrencies and up to 1:800 on forex pairs.
️ Floating spreads start from 0.0 pips on major currencies such as EUR/USD.
️ Market execution at the best possible prices from top-rated liquidity providers.
️ Access to forex, commodities, shares, cryptocurrencies, and indices.
️ A choice between MetaTrader 4, KVB Prime App.
️ Comprehensive copy trading platform that offers social trading, provided with a strategic partnership with FOLLOWME.
️ Access to research tools and sources including quotes, insights, and technical analysis.
️ 100% deposit bonus up to a maximum of $10,000/R150,000 for both new and existing traders who deposit from $500 (7,410 ZAR) and higher.
️ Micro lot trading from as little as 0.01 lots.
️ Access to comprehensive educational materials, resources, and tools.
️ The option to register a demo account through MetaTrader 4.
KVB Prime Demo Account
One of the benefits of registering a demo account with KVB Prime is that traders can demo any of the three live accounts offered. When traders register a demo account with KVB Prime, they are given a world of opportunities in a risk-free trading environment.
The demo account, however, can also be used by more advanced traders who seek a risk-free, dynamic environment in which to test their trading strategies. This allows traders to develop, deploy, and adjust their strategies without having to risk their capital.
Traders can set up their KVB Prime demo account after they have downloaded and installed the MetaTrader 4 trading platform. Alternatively, traders can also use MetaTrader 4 by visiting the WebTrader for the platform.
Once open, traders can navigate to the accounting options section where they can register a new demo account. Traders can provide their personal information and proceed to select the KVB Prime servers from the list provided, or by searching “KVB Prime”.
Once traders have selected KVB Prime, they can finish their registration and they will be connected to the broker through MetaTrader 4, allowing them to explore what KVB Prime offers, explore MetaTrader 4, and more.
KVB Prime Islamic Account
The purpose of an Islamic Account is that it caters specifically for Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.
Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.
KVB Prime does not offer Muslim traders the option to convert their live trading account into an Islamic Account. However, KVB Prime offers a unique approach towards Swap-free trading by offering some financial instruments swap-free, which means that interest and swaps are not credited/debited when traders hold these positions open.
The swap-free instruments that KVB Prime offers are:
️ AUD/USD
️ EUR/GBP
️ EUR/JPY
️ EUR/USD
️ GBP/JPY
️ GBP/USD
️ NZD/USD
️ USD/CAD
️ USD/JPY
However, there are strict terms and conditions involved when traders use these swap-free instruments. Traders must ensure that they understand the terms and conditions and that they do not abuse these swap-free instruments by doing any of the following:
️ Fraud
️ Manipulation
️ Cash-back arbitrage
️ Carry Trades, and any other fraudulent or deceitful activities
If traders are suspected of any of the abovementioned activities, KVB Prime reserves the right to revoke all swap-free privileges. KVB Prime is also allowed to correct and/or recover the accrued swaps and misuse and abuse of swap-free instruments can even lead to termination of the client agreement, with traders being banned from KVB Primes services.
KVB Prime Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated by the FCA | United States, Canada, South Africa, Hong Kong, and several other regions not accepted |
| Segregation of client funds | Limited account types |
| A demo account is provided | Limited funding options |
| Tight 0-pip spreads | Islamic Account not offered |
| Swap-free instruments offered | |
| Low minimum deposit requirement | |
| MetaTrader 4 supported | |
| The broker provides a proprietary trading platform | |
| Competitive trading conditions offered | |
| Wide range of markets | |
| Educational materials are offered |
Conclusion
Overall, KVB Prime only offers one main live trading account that has been designed to cater to the varying needs of traders, regardless of whether they are beginners or professional traders. KVB Prime is a well-regulated and well-established forex broker that is overseen by the FCA, offering traders a wide range of markets, competitive trading conditions, and powerful trading platforms.
You might also like: KVB Prime Dem0 Account
You might also like: KVB Prime Review
You might also like: KVB Prime Minimum Deposit
You might also like: KVB Prime Fees and Spreads
Overall Rating
4.3/5
Rated #525 of
Recommended FX Brokers
Minimum Deposit –
Regulators –
–
Yes
📈 Total Pairs
–
Islamic Account No
Trading Fees Low
24 Hours
FAQ’s
TRADING ENVIRONMENT
How many instruments can I trade with KVB Prime?
You can trade any of the following instruments:
- Forex
- Cryptocurrencies
- Commodities
- Shares
- Indices
Which platforms are supported by KVB Prime?
KVB Prime supports the use of the following:
- MetaTrader 4
- KVB Prime App
- CopyTrade by FOLLOWME
Does KVB Prime offer leverage?
Yes, KVB Prime offers leverage up to a maximum of 1:800.
What spreads can I expect with KVB Prime?
You can expect spreads from 0.0 pips EUR/USD.
Does KVB Prime charge a commission?
Some commissions may be charged on 0-pip spreads such as EUR/USD.
Are there additional charges on the Islamic account?
No. KVB Prime does not offer the option for an Islamic Account.
Is KVB Prime regulated and by whom?
Yes, KVB Prime is regulated by the Financial Conduct Authority (FCA) in the United Kingdom.
Is KVB Prime a recommended forex trading broker for experts and beginners?
Yes, KVB Prime is recommended for both beginners and experts.
What is the overall rating out of 10 for KVB Prime?
7/10.
ACCOUNTS
What is the difference between a demo and a live trading account?
A demo account is a practice account that can be used by both beginner and professional traders. Beginners can use a demo account to practice their trading while more advanced traders can use it to test their trading strategies.
Alternatively, traders can also use a demo account to explore what a broker has to offer. Demo accounts are known for the risk-free environment that they offer along with the virtual funds which are used to trade.
Does KVB Prime offer a demo account?
Yes, KVB Prime offers a demo account.
How long is the demo account valid?
30 days.
Which live trading accounts does KVB Prime offer?
KVB Prime only offers a single standard retail trading account.
Does KVB Prime offer an Islamic Account?
No, KVB Prime does not offer the option for an Islamic Account.
What are the available deposit currencies for a live trading account?
- USD
- EUR
- GBP
DEPOSITS AND WITHDRAWALS
What is the minimum deposit required to open an account with KVB Prime?
10 USD/150 ZAR.
How do you make a deposit and withdraw money with KVB Prime?
KVB Prime offers some of the following ways through which deposits/withdrawals can be made:
- NEWBIT
- Payment Asia
- UnionPay
- Bank Wire Transfer
Does KVB Prime charge withdrawal fees?
Some fees may apply depending on the payment method and the amount.
How long does it take to make a withdrawal?
This will depend on the withdrawal method, but some can take up to 5 working days, such as Bank Wire Transfer.
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