KVB Kunlun (KVB) — where it wins, where it loses
KVB Kunlun (KVB) does not currently take a column outright against this field. It loses on published spread. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
No column where KVB Kunlun (KVB) takes the field outright.
Loses on
- published spread
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| ASIC | 334293 | Australia | Tier 1 | KVB Global Markets Pty Ltd | search-afsl.com |
| BAPPEBTI | 1051/BAPPEBTI/SI/1/2007 | Indonesia | Tier 3 | PT KVB Futures Indonesia (d/h. PT Sagafx Sukses Berjangka) | kvbplus.com |
Checkable
Facts the comparison runs on
On the record
- The ASIC AFS licensee register (via search-afsl.com mirror) shows licence 334293 for Kvb Global Markets Pty ltd, issued 27 March 2009, ABN/ACN 46132903514, address Sydney NSW.
- ABN Lookup prints the entity-name history KVB FX Pty Ltd -> KVB GLOBAL MARKETS PTY LTD for ABN 46 132 903 514, active from 25 August 2008.
- KVB's Indonesian site legal page states PT KVB Futures Indonesia is regulated by BAPPEBTI (licence 1051/BAPPEBTI/SI/1/2007), OJK (S200000111142), is a JFX member (SPAB-147/BBJ/10/05), and was formerly named PT Sagafx Sukses Berjangka.
- KVB's account-spec pages list negative balance protection for Prime, ECN and Cent accounts, with margin call/stop-out levels of 50%/20% shown in the spec JSON, and the Indonesian site states leverage up to 1:100.
- Securities & Futures Commission search lists 'KVB Kunlun Financial Group Limited (Delisted)' - the group was formerly listed on the Hong Kong Stock Exchange and is now delisted.
| Trading since | not verified |
|---|---|
| Base | Hong Kong (KVB Kunlun Financial Group Limited) |
| Minimum to open | not verified |
| Leverage cap | Up to 1:100 (PT KVB Futures Indonesia site) |
| EUR/USD | not verified |
| Terminals | MetaTrader 5, ActsTrade (desktop), KVB Futures App (mobile), KVB Webtrade |
| Account tiers | Prime, ECN, Cent, Pro |
| Markets | Forex, Metals, Futures, Stocks, Local commodities |
| Record confidence | medium |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- founded: not verified from a primary source
- minDeposit: spec pages carry a 'Minimum deposit' field but the value was not extracted
- spreadEurusd: not verified
- segregatedFunds: not verified from legal docs
- SFC licence: no Hong Kong SFC CE number verified for the HK group in this run
- maxLeverage: 1:100 qualifier applies to the Indonesian site; AU/other-entity leverage not verified
- current operating brand/entity mapping (KVB Prime vs KVB Kunlun vs KVB Futures) not fully disambiguated from primary sources
Costs less
Who beats KVB Kunlun (KVB) on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.