All Share (J203) = 90 015
Rand / Dollar = 18.21
Rand / Pound = 23.61
Rand / Euro = 19.76
Gold (usd/oz) = 3 034.38
Platinum (usd/oz) = 994.60
Brent (usd/barrel) = 71.04
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

KVB Prime – Minimum Deposit

KVBPrime Minimum Deposit Review

 

KVB Prime has a minimum deposit requirement of 10 USD / E160 ZAR. KVB Prime does not charge any deposit fees according to the official website. Traders can use USD, EUR, and GBP deposit currencies.

 

KVB Prime at a glance

Broker's NameKVB Prime
📍 HeadquarteredManchester, UK
📅 Year Founded2014
⚖️ Regulating AuthoritiesFCA
🌐 Countries not accepted for tradeUnited States, Canada, European Union, Hong Kong, Australia, Japan, South Africa
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsYes – MAM
📈 Maximum Leverage1:800
💰 Minimum Deposit10 USD/150 ZAR
💳 Deposit OptionsNEWBIT
Payment Asia
UnionPay
Bank Wire Transfer
💳 Withdrawal OptionsNEWBIT
Payment Asia
UnionPay
Bank Wire Transfer
💻 Platform TypesMetaTrader 4, KVB Prime App, FOLLOWME CopyTrade
📱 OS CompatibilityLinux, Windows, macOS, Android, iOS, web browsers
📈 Tradable assets offeredForex
Cryptocurrencies
Commodities
Shares
Indices
👨‍💼 Languages supported on WebsiteEnglish, Vietnamese, Indonesian, Malay, Thai, Chinese
👥 Customer Support LanguagesMultilingual
📆 Customer Service Hours24/5,

 

Overall Rating

4.3/5

Rated #525 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

KVB Prime Minimum Deposit – 6 key points quick overview:

  1. ✔️KVB Prime Minimum Deposit Overview
  2. ✔️Deposit fees and deposit methods
  3. ✔️A step-by-step guide to depositing the minimum amount
  4. KVB Prime Pros and Cons
  5. Conclusion
  6. FAQ

 

KVB Prime Minimum Deposit Overview

kvb prime overview

 

KVB Prime is a well-regulated broker that is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA is one of the most reputable and strictest regulatory entities in the world that carries out frequent audits on providers of derivatives trading and financial products and services.

 

As a well-regulated broker, KVB Prime is required to keep all client funds in segregated accounts with top tier financial institutions. These funds are kept separate from KVB Prime’ broker account, with these funds only dedicated towards trading activities.

 

KVB Prime may not use client funds for operational reasons or to fulfil its financial obligations. To ensure compliance with the requirements of regulatory entities, KVB Prime has frequent audits which are carried out on its finances, accounts, and all systems.

 

Deposit fees and deposit methods

kvb prime deposit methods

 

KVB Prime does not charge any deposit fees according to the official website. When traders pay the minimum deposit amount of 10 USD/150 ZAR, they can use any of the following payment methods:

  • NEWBIT
  • Payment Asia
  • UnionPay
  • Bank Wire Transfer

 

When traders deposit the minimum deposit, they can use the following deposit currencies:

  • USD
  • EUR
  • GBP

 

Traders must note that the time that it takes for funds to reflect in their trading account will depend on the payment method that they used.

 

However, according to KVB Prime, funds are typically processed between 24 hours up to 5 working days, depending on the payment method used and when the deposit was made (it can take longer if it is after hours, over weekends, or on public holidays).

 

A step-by-step guide to depositing the minimum amount

Once the account of the trader has been verified and they have received their login details for the Client Portal, traders can log in to deposit the minimum deposit amount.

 

 Step 1 – Log in to your KVB Prime account

Once logged in to your account locate the deposit tab.

Log in to your KVB Prime account

 

 Step 2 – Select your preferred deposit method,

Traders can do this by accessing the deposit/withdrawal option on their client portal, selecting their preferred payment method and the deposit currency, and entering the amount that they wish to deposit.

kvb prime deposit methods

 

Your deposit has been made!

 

KVB Prime Pros and Cons

✔️ Pros❌ Cons
Well-regulated by the FCALimited deposit currencies
Client funds are kept in segregated accountsLimited funding options
KVB Prime is subject to frequent audits
Ultra-low minimum deposit charged
Reliable payment methods are supported

 

Conclusion

Overall, KVB Prime has a minimum deposit requirement of 10 USD / E160 ZAR. KVB Prime does not charge any deposit fees according to the official website. 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.

 

kvb prime contact us

 

You might also like: KVB Prime Account Types

You might also like: KVB Prime Review

You might also like: KVB Prime Demo account

You might also like: KVB Prime Fees and Spreads

 

Overall Rating

4.3/5

Rated #525 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

FAQ

What is the minimum deposit required to open an account with KVB Prime?

10 USD.

 

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.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

June 20, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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