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 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, |
KVB Prime Minimum Deposit – 6 key points quick overview:
KVB Prime Minimum Deposit Overview
Deposit fees and deposit methods
A step-by-step guide to depositing the minimum amount
- KVB Prime Pros and Cons
- Conclusion
- FAQ
KVB Prime Minimum Deposit 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 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.
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.
Your deposit has been made!
KVB Prime Pros and Cons
✔️ Pros | ❌ Cons |
Well-regulated by the FCA | Limited deposit currencies |
Client funds are kept in segregated accounts | Limited 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.
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You might also like: KVB Prime Demo account
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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.
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