KCM Trade Review 2025
For this KCM Trade review, we opened a live account and deposited over $3,000.
We traded the popular instrument in each market to identify the actual spreads and placed a total of 10 trades.
We reached out to the broker’s customer service team to resolve the challenges we faced.
Finally, we withdrew our funds to evaluate whether the withdrawal process was smooth.
What is KCM Trade
KCM Trade is a global, award-winning CFD broker, a subsidiary of Kohle Capital Markets Limited.
Since its establishment in 2016, KCM Trade has been dedicated to providing traders worldwide with a wide range of CFD products, including Forex, Precious Metals, Energies, Commodities, Crypto ETFs, Equity Indices, and Stock CFDs.
Some of the highlights of KCM Trade are:
| 🗺️ Authorized & Regulated in | Australia, Mauritius |
| 🛡️ Is KCM Trade safe | Yes |
| 💰 EUR/USD Spread | 1.6 |
| 💳 Minimum deposit | $50 |
| 💰 Withdrawal fee | $0 charges |
| 🖥️ Trading Platform | MT4, MT5, KCM Web Trader |
| 📈 Markets offered | Forex, Precious Metals, Energies, Commodities, Crypto ETFs, Equity Indices, and Stock CFDs. |
| 📉 Number of Products | 200 |
Licenses and Regulations
KCM Trade is a regulated brokerage company that imposes strict rules and guidelines on the broker’s operations.
Kohle Capital Markets Limited operates under the authorization and regulation of the Australian Securities and Investments Commission (ASIC). Holding an Australian Financial Services License, KCM Trade ensures compliance with Australian laws and regulations governing its operations.
The broker is also regulated by the Mauritius Financial Services Commission, offering its services to clients worldwide.
Here are the details of KCM Trade’s licenses:
| Legal entity | Registered in | Regulator | License number | Accepting clients from | Compensation scheme amount |
| Kohle Capital Markets Limited | Australia, Mauritius | ASIC, FSC | AFSL 489437 C117022600 | Many countries globally | No compensation scheme |
Is KCM Trade Safe
KCM Trade is a legitimate and regulated broker, licensed by a top-tier authority. Another advantage is that client funds are securely deposited in segregated accounts held with major banks.
KCM Trade ensures top-tier fund protection by storing client funds in segregated bank accounts under the highest security standards, protected by SSL encryption technology.
The broker places utmost importance on safeguarding customer trades through a variety of measures, including operation of the trading account, money management, and use of safety protocols set by the Regulatory authority.
We had a smooth experience when trading with KCM Trade.
For our tests, we opened STP account with Kohle Capital Markets Limited, which is regulated by the ASIC in Australia, and FSC in Mauritius.
However, we recommend you conduct thorough research before opening an account with KCM Trade.
Fees and Commissions
KCM Trade maintains a competitive fee structure to accommodate a wide range of traders. The broker primarily charges through spreads and commissions, with the specific costs depending on the account type selected.
Spreads on trading instruments were on average with industry benchmark.
Spread Charged in our Trades
For our tests, we have chosen popular instruments in each market. We placed 3 trades for each instrument to get a picture of the average spread.
Our test is based on KCM Trade STP account. The spreads for our trades in all asset classes remained stable with minor variations.
Details of our trades are shown below the table.
| Markets | Instruments | 1st trade | 2nd trade | 3rd trade | Avg. Spread |
|---|---|---|---|---|---|
| Forex | EUR/USD | 1.6 | 1 | 1.6 | 1 |
| Equity Indices | US500 | 1.5 | 1 | 1.5 | 1 |
| Stock CFDs | Apple | 0.8 | 0.75 | 0.8 | 0.8 |
| Commodities | Gold | 3.5 | 3.15 | 3 | 3 |
We executed all our trades via the KCM Trade iOS App on our iPhone.
Our testing finds that KCM Trade’s spreads across all assets are lower than or in line with the industry average.
| Markets | Instruments | Avg. Spread Charged | Industry Avg. Spread |
|---|---|---|---|
| Forex | EUR/USD | 1.6 | 1.2 |
| Equity Indices | US500 | 1.5 | 1.65 |
| Stock CFDs | Apple | 0.8 | 1.75 |
| Commodities | Gold | 3.5 | 3.53 |
Other fees
KCM Trade does not charge additional fees on deposits and withdrawals; however, third-party charges, such as those imposed by banks or payment processors, may still apply.
The broker does not charge inactivity fees, which benefits traders who take breaks from active trading.
There are no hidden charges, and all applicable fees are reported to clients, enabling traders to plan their expenses effectively and avoid unexpected costs.
Account Types
KCM Trade offers 2 main account types: STP Account and ECN Account.
Details of the Account types and differences are outlined below:
| STP | ECN | |
|---|---|---|
| Trading Platforms | MT4, MT5, KCM Web Trader | MT4, MT5, KCM Web Trader |
| Account Currency | EUR, USD, GBP, AUD, JPY | EUR, USD, GBP, AUD, JPY |
| Minimum Deposit | $50 | $1000 |
| Commission | Zero | Zero |
| Order Execution | Market Execution | Market Execution |
| Spread | From 1.6 | From 0.6 |
| Note | – | – |
KCM Trade also offers a Demo Account, allowing beginners to practice and experienced traders to test strategies in a risk-free environment using real-time market conditions.
For our tests, we chose to open STP Account.
KCM Trade Account Opening
KCM Trade account opening was quick and easy to follow. We went through the entire registration process and completed it online.
The process of registration of a new KCM Trade account:
- Visit the official KCM Trade website.
- Navigate to the Demo Account section, usually found on the homepage or under the account types menu.
- Fill out the registration form with your basic details, such as name, email address, phone number, and preferred account settings.
- Choose your desired platform for the demo account.
- Submit the form and verify your email if required.
- Once registered, download the selected trading platform or access the WebTerminal directly through your browser.
- Log in using the demo account credentials provided.
- Start exploring the platform and practicing trades with virtual funds.
The registration process took about 15 minutes, and our account was approved on the same day.
We opened STP account with Kohle Capital Markets Limited, which is regulated by the ASIC in Australia, and FSC in Mauritius for this test.
Deposit and Withdrawal
Deposits and withdrawals on KCM Trade are easy and fast. A range of methods is supported, and all our funding requests were completed without any issues.
KCM Trade Minimum Deposit
KCM Trade requires a minimum deposit of $50, making it ideal for every trader looking for a professional and well-resourced trading environment.
Traders only need to maintain the minimum deposit balance in their accounts.
KCM Trade Deposit
KCM Trade supports a few payment options, including credit/debit cards, allowing you to choose the method that best suits you.
The broker does not charge any deposit fees, and processed our deposit quickly.
KCM Trade Withdrawal
KCM Trade allows clients to make withdrawals using the same payment methods as available for deposits.
There are no fees for withdrawal requests; however, third-party charges, such as those imposed by banks or payment processors, may still apply.
We did not face any challenges when withdrawing funds.
Markets and Products
KCM Trade offers over 200 trading instruments across various asset classes, including Forex, Precious Metals, Energies, Commodities, Crypto ETFs, Equity Indices, and Stock CFDs.
Here’s the complete list of KCM Trade’s product offering:
| Markets | Instruments |
|---|---|
| Forex | 40+ |
| Indices | 12 |
| Metals | 4 |
| Commodities | 3 |
| Cryptocurrencies | 2 |
| Stocks | 175 |
The broker offers a standard range of trading instruments; however, it is below industry leaders, who provide thousands of products.
Trading Conditions
The trading conditions at KCM Trade are rather good. The broker allows hedging and scalping strategies, and traders can also request to change their leverage via the client area or by contacting support.
| Trading Method | Allowed |
|---|---|
| Hedging | Yes |
| Scalping | Yes |
| Change Leverage | Yes |
Leverage
KCM Trade offers traders various leverage levels depending on the instrument and on the entity with which traders open an account, with a maximum of 1:1000 considered high leverage.
Traders can also change their account’s leverage levels after registration.
The table below shows the different leverage levels available:
| Markets | Kohle Capital Markets Limited |
|---|---|
| Major Currency Pairs | 1000:1 |
| Commodities | 100:1 |
| Indices | 100:1 |
| Stocks | 10:1 |
| Cryptocurrencies | 10:1 |
Bonus
KCM Trade has previously run regional promotions such as 35% or 50% deposit bonuses during seminars and events in Asia.
While these limited-time offers vary by location, traders worldwide can still benefit from KCM Trade’s ongoing value features, including free educational resources and daily market analysis.
KCM Trade Platform
KCM Trade offers trading services on its proprietary KCM PRO Trader, as well as on industry-known MT4 and MT5 platforms:
- KCM WebTerminal
- MetaTrader 4
- MetaTrader 5
- Mobile Apps
We found the WebTrader and MetaTrader platforms offer a user-friendly experience with robust charting features and a wide range of functionalities.
Research and Tools
KCM Trade offers a range of market research and analysis tools. On its website, users can access the Signal Center, which offers timely trade signals and market insights to help identify potential opportunities.
Some of the key tools offered by the broker are:
- Good charting tools
- Economic calendar
- Newsfeed
- EA support
- Trading signals
- Trading indicators
- FIX API integration
- AI Mentor
- Drawing tools
- Market analysis
We find KCM Trade broker’s research offering to be rather competitive, as the broker provides a comprehensive range of research tools to support traders in making informed decisions.
Education
KCM Trade places a strong emphasis on trader education by offering a variety of resources to help clients enhance their knowledge and skills.
The broker’s Education Center provides access to comprehensive materials, including articles, tutorials, and video lessons covering fundamental and technical analysis.
The broker also regularly hosts seminars and webinars, where traders can learn directly from experts and stay updated on market trends and trading strategies.
Based on our Test KCM Trade Education is is quite good, providing a solid range of learning courses and seminars.
Customer Service
KCM Trade provides responsive customer support.
Traders can contact the broker via:
- Live chat
- Phone
- Line
The support team is available 24/7, ensuring traders can receive assistance whenever they need it.
Our experience with KCM Trade customer support was good.
The chat starts with an automated bot, followed quickly by a live support representative.
| Question | Response Time | Quality of reply | |
|---|---|---|---|
| Live chat | Asked about Forex spreads for the STP Account | 1-2 minutes | It was quick and accurate. |
Conclusion
Overall, had an excellent experience with KCM Trade, from the account opening to the deposit and trading process.
KCM Trade Review found that the Broker delivers a reliable trading experience with popular trading instruments and Forex spreads that are industry-standard.
Our experience with account opening, deposits, and withdrawals was also smooth and without any issues.
While some features may vary by region, the broker’s global presence and commitment to transparency make it a solid choice for traders seeking a secure and user-friendly trading experience.
We recommend KCM Trade to Forex traders seeking competitive trading costs built into spreads and commissions and to those who prefer to trade via well-known MT4 and MT5 trading platforms, as well as propriatary Web Trader.
We recommend KCM Trade for traders who are
- Beginners
- Experienced traders
- International traders
- Run Scalping
- Hedging
- Algorithmic or API traders
- Need a broker with advanced trading tools
- Need a well-regulated broker
KCM Trade might not be a fit if you are
- Real Stock / Futures Trading
- Looking for a wider instrument range
- Prefer the cTrader platform
- Need a broker with copy trading features
Author of this review
By George Rossi
Author of this review
Autor de este análisis
Soy un reconocido analista profesional de los servicios financieros especializado en análisis fundamental y técnico, investigación en macroeconomía global, trader independiente en los mercados de commodities y divisas.
Me apasiona analizar, comparar y generar información y opiniones sobre brokers de Forex.
Todo lo que encuentras en BrokerTested se basa en datos confiables e información imparcial. Combinamos nuestros más de 10 años de experiencia financiera con la retroalimentación de nuestros lectores. Lea más acerca de nuestra metodología