KVB

FX3998959914

Verified

Malaysia

I was scammed by this platform's spreads, which were often 8 times the normal level. I was trading EUR/USD with KVB. The spread was usually stable at 1.8-2.2 pips, but between May 10th and 15th, it suddenly widened to 14-17 pips, 8 times the normal level. On May 12th, I traded one lot of EUR/USD, and the spread alone cost me $150 (about RM675), while the same position normally costs only $20 (about RM90). Within 5 days, I paid an extra RM2,860 in fees due to the unusual spreads. KVB does not have a local Malaysian forex license. They're truly deceptive, using random advertising to deceive people.

FX3631070262

Verified

Malaysia

Your Malay customer, claiming to be a "central bank policy analyst," contacted me via WeChat, boasting about having "inside Bank Negara" access and advance knowledge of interest rate policy trends. I foolishly believed your lies and followed your guidance to invest heavily. The so-called "policy signals" you provided were completely fabricated! I later discovered that you specifically released false information during periods of low liquidity, making it impossible for clients to close their positions in time! After my margin call, your Malay customer service representative even claimed "market interpretation errors" and shamelessly promoted their "policy insider service," claiming that for an annual fee of RM20,000, you could obtain "real policy information." This scam, which fabricates policy signals, then lures clients into trading, and then extorts them, is truly outrageous!

FX2308742579

Verified

Malaysia

I had a nightmare trading the USD/MYR currency pair with KVB. The platform advertised "spreads as low as 0 pips" on its ECN accounts, but when I opened a position, the actual spread suddenly soared from the usual 2.3 pips to 18 pips. My RM100,000 principal was instantly wiped out by RM5,400 in fees. Even worse, when the market hit my take-profit point of 4.7200, the platform slipped to 4.6950, forcing a liquidation. My original RM12,000 profit turned into a RM8,300 loss. By the end of June, my RM100,000 principal had lost RM32,000 due to slippage and unusual spreads. I absolutely do not recommend this platform. There are so many pitfalls.

FX7851465772

Verified

Thailand

Thai customers, please avoid this platform as it consumes a significant portion of the broker's principal. Withdrawing funds is fraught with obstacles. In January 2025, I attempted to withdraw 150,000 baht from KVB but was notified of an 'abnormal account transaction' and required to verify the source of the funds. After submitting my salary slip and bank statement, I was asked to pay a '10% international transfer verification fee.' After paying 15,000 baht, customer service further informed me that 'Thai customers must provide an additional foreign exchange trading license,' a document that does not exist in Thailand. When I requested a refund, my account was suspended. I then contacted the headquarters in Hong Kong, but they responded that 'this matter must be handled by the Thailand branch,' and no one answered the phone. Inquiries with Thai banks revealed that my money had been transferred to a foreign account. If you have been deceived, please withdraw your funds as soon as possible.

FX1551515116

Verified

Thailand

KVB, you are truly shameless and deceitful! I've traded Forex before and constantly monitored data on your platform. But every time the market reaches a critical point, your data collapses like a kite with a broken string! The international market shows the EUR/USD exchange rate fluctuating steadily at 1.08, yet your platform suddenly jumps to 1.06, forcing my long position to be liquidated at a loss! When I contacted customer service, they claimed, 'It's due to network latency causing data discrepancies.' How can a 200-pip delay be acceptable? What's even more infuriating is the withdrawal issue! I submitted a withdrawal request two weeks ago, but there's still no response! Every time I contact customer service, they say, 'The financial system is under maintenance' or 'Additional identity verification is required.' I've even submitted government-certified passport documents—how much more verification do they need? You're just making excuses to withhold funds!

FX2521707072

Verified

Malaysia

KVB, I was so blind to choose your platform! When I was trading forex, I strictly followed your data analysis, repeatedly checking its accuracy every time, yet I ended up losing money every time I placed an order! After careful comparison, I discovered that not only were your market data delayed, but you also deliberately manipulated key trading points, changing support levels lower and resistance levels higher, just to force our orders to stop losses early and profit from them! Now I want to stop my losses and withdraw my funds, but you're making it extremely difficult! I've submitted three withdrawal requests, and each time they were rejected with "data anomalies, requiring verification of transaction records." I asked to see the so-called "abnormal data records," but you couldn't produce them and just kept dragging your feet! I called my account manager, but he blocked me. I contacted online customer service, but they either played dead or gave a perfunctory response.

FX8241734342

Verified

Indonesia

KVB, you've gone too far! I applied for a withdrawal according to the normal process and submitted all the necessary documents. But you've been perfunctory and given all sorts of excuses, simply not letting me withdraw my funds. From the time I submitted my application until now, every time I contacted customer service, I've received meaningless replies, either saying it's under review, or that there's a system problem, or else they've just shifted the blame. No one has been able to truly resolve my issue. Looking at the data you provided, the spreads fluctuate wildly, seriously out of line with normal market conditions. I thought it was a one-off, but later discovered it seems to be a regular occurrence on your platform. Your actions are a complete scam for us investors! The funds I invested were the hard-earned savings of myself and my family, yet you're so brazenly trampling on our trust and preventing us from withdrawing our funds.

FX8761625122

Verified

Malaysia

In the afternoon (Asian session) Malaysian time, your EURUSD spreads consistently stayed above 2.8 pips. Meanwhile, other major platforms were running spreads below 1.5. Shameless! They're operating without a license and freezing accounts. Who's responsible if I can't withdraw RM50,000? KVB doesn't even have a BNM license in Malaysia, yet they're so brazen about soliciting customers! I deposited RM50,000, and my account was suddenly frozen, citing "compliance review." Their slippage during trading was the worst of anyone else's. My stop-loss on USD/JPY was set at 138.5, but it only closed at 139.8. A 130-point slippage resulted in a loss of RM23,000. KVB is not licensed to trade forex in Malaysia. Freezing accounts is purely a scam.

FX2154501068

Verified

Thailand

The spread seems normal during regular trading hours but widens significantly during Asian trading hours. When trading GBPTHB, the spread is often higher than 25 pips. Last month, my account was suddenly suspended, and I couldn’t withdraw the 500,000 Thai baht I had. The slippage during trading was the worst I’ve ever experienced. My stop-loss orders were never executed, and profitable trades kept getting disconnected. They don’t operate in Thailand, and the account freeze is just a scam! I advise all Thai people to avoid KVB—once your money is in their account, it’s theirs, and there’s no way to protect your rights.

FX3253336104

Verified

Malaysia

Everyone, be warned. KVB used the lie of "SC regulation" to trick me into depositing RM120,000, and now my account is frozen and I can't withdraw a single cent! Their salesperson used printed "SC registration screenshots" to sell me their account, claiming it was "safe and secure." I fell for it and deposited money into the EUR/MYR market. After only making a profit of RM16,000, my account was locked due to "abnormal trading patterns." Customer service said I needed to pay a 20% "risk margin" to unlock my account. I scraped together RM34,000 and paid it, but I still couldn't access my account. Others who were scammed like me have had as much as RM250,000 frozen. This unlicensed platform should be shut down by the Bank of Japan (BNM). Losing your entire principal due to inability to complete your mission is a clear attempt to legally plunder customer funds.

FX3103469901

Verified

Malaysia

ความผิดพลาดของ KVB ทำลายเงินต้น 78,000 บาทของผม บ้าจริง! ทุกวันผมเทรด USD/THB ตอนตีสาม แต่ความผิดพลาดของ KVB ดูเหมือนจะส่งผลเสียต่อผมตลอด ผมตั้งจุดตัดขาดทุนไว้ที่ 36.10 แต่ตลาดกลับตกลงมาแค่ 36.15 แต่ระบบกลับเทรดที่ 36.42 ความผิดพลาดของ Slippage 27 จุด ส่งผลให้ขาดทุน 5,400 บาท ที่แย่กว่านั้นคือวันศุกร์ ผมตั้งจุด Take Profit ไว้ที่ 41.20 สำหรับ EUR/THB และราคาพุ่งขึ้นไปที่ 41.25 แต่ระบบบังคับให้ผมปิดสถานะที่ 41.08 ความผิดพลาดของ Slippage 17 จุด ทำให้เงินในบัญชีผมหายไป ภายในหนึ่งเดือน เทรดไป 30 ครั้ง 21 ครั้งหลุด เฉลี่ย 23 จุดต่อครั้ง ขาดทุนรวม 78,000 บาท ไร้ยางอายจริงๆ! KVB ไม่มีแม้แต่ทะเบียนบ้าน แต่กลับเช่าออฟฟิศเล็กๆ บนถนนสุขุมวิท แล้วมาหลอกพ่อค้าแม่ค้าในตลาดกลางคืนอย่างเรา การกระทำของ KVB นี่มันจงใจนะ อย่าให้ใครโดนหลอกอีก!

FX2884762137

Verified

Malaysia

This is the most shameless broker I've encountered in my years of trading. Accounts wiped out, customer service disconnected. KVB simply wiped out my $10,000 account! Last month, I went on a three-day business trip. When I logged in, my balance had gone from $10,820 to $0, and all my transaction history was gone. I called customer service 15 times, but no one answered. Now, even their customer service in Malaysia has deleted me. I complained to BNM, but the staff said, "KVB doesn't have a physical presence in Malaysia, so it's difficult to recover." A friend in Ipoh reported that his RM200,000 account was also wiped out. KVB claimed a "system bug caused data loss," but offered no compensation. KVB is a blatant scam. Malaysians, remember this broker and stay away.

FX3935213244

Verified

Thailand

KVB's "Smart Trading Signals" are like a recipe for disaster! They claim to have a "90% accuracy rate," and I followed them in 18 USD/THB trades, losing 15 of them, totaling 336,000 THB. One signal told me to short sell at 37.10, but USD/THB surged to 37.50, causing a 40-pip slippage that wiped out my account. KVB's calculations sound scarier than Thai tom yum soup! Sometimes they charge 100 THB interest for a long EUR/THB trade, sometimes 800 THB, with no clear pattern. Last month, I checked my transaction history and found they overcharged me 12,000 THB in overnight interest. Customer service said, "The system calculates automatically and cannot be changed." KVB's interest calculations "violate Thailand's foreign exchange trading regulations." Now, I only have 210,000 THB left in my KVB account—can't withdraw it and don't dare to trade either. This platform exploits Thai people by cheating on signal fees and arbitrarily deducting interest.

FX8500738562

Verified

Indonesia

I'm a trader from Indonesia, and I'm disappointed with KVB's trading environment. The malicious slippage caused me to lose my account due to a major market fluctuation. I had already placed a short position in the EUR/USD market with a stop-loss at 1.1050. However, as soon as the data came out, the price skyrocketed. Normally, my stop-loss would have been triggered around 1.1048, but KVB's transaction price directly hit 1.1067, effectively shutting me out. In all my years of trading, I've never encountered such outrageous slippage on a reputable platform during the non-farm payroll period. Furthermore, KVB's spreads are typically higher than other platforms, with EUR/USD spreads generally ranging from 1.8 to 2.2 pips, while other platforms typically range from 1.2 to 1.5. The quotes are often low when I'm going long, and high when I'm going short. My trading history has resulted in additional losses exceeding $2,300 per month due to this.

FX3417741744

Verified

Malaysia

I must expose KVB. My US dollar funds were transferred to a jewelry company in Hong Kong and then returned to the platform through an offshore account. When I requested proof of the funds' movement, they refused to provide it and instead froze my account. The platform's overnight fees are ridiculously high. Holding one lot of gold costs $35 per day, five times the industry average. I calculated that overnight fees alone have cost me $18,700. KVB has been fined for "opaque fees" in the CFTC complaint file, yet they continue to operate unchecked. Now my $18,00 is stuck in my account, and customer service says "I must trade another 100 lots before I can withdraw my funds." This is clearly forced trading! It's a massive scam.

FX1487071966

Verified

Thailand

After investing heavily in KVB, I didn't have time to pay attention to it due to various circumstances. When I opened my account, they promised spreads as low as 0.1 pips. It wasn't until I actually traded that I discovered the hidden dangers. Besides the spread, each trade also included a "transaction service fee" and a "market circulation fee." These hidden fees, combined, were three times the spread! I made a $100,000 EUR/USD trade, which was advertised as only a $10 commission, but my statement showed a $47 deduction. A few weeks later, I decided to withdraw my initial investment of approximately £300,000, but still no response or withdrawal. After three months of trading, I found myself unable to withdraw my investment profits or delete my account. It was practically impossible to withdraw funds, which was how they lured in inexperienced traders like me.

FX3396280951

Verified

Malaysia

Everyone, stay away from KVB Markets. They're a scam and manipulating accounts. I deposited 15,000 to follow the advice of a respected expert, and my account grew to 40,000. Then they interfered with my trading, placing seven large hedging trades that wiped out my account. Now I can't even complain to their email. I'm truly heartbroken, everyone. Don't trust them, or you'll suffer like I did. I also hope that investors will be more vigilant and not be fooled by KVB's false propaganda.

FX2232336845

Verified

Thailand

Never use fraudulent brokers like KVB under any circumstances. They have very high slippage. My target price was at 3340, but they automatically closed my order at 3341. Brothers and sisters, please be careful when choosing a platform. This platform is deceitful! I set my take-profit at 3359, but even though the market surged to 3359.84, it didn't trigger liquidation. It instantly dropped to 3358, forcing me to close the order manually! My investment in KVB has caused significant losses. I hope everyone can learn from my mistakes and avoid this dangerous platform.

FX7310686632

Verified

Indonesia

This was a devastating disaster, leading to my bankruptcy. For 90 consecutive days, KVB's MT4 server (number: KVB-Live04) experienced 37 disconnections, an average of 4.1 per week! During the European trading session, the disconnection frequency reached 82%. This resulted in a $12,800 loss on my crude oil position due to my inability to close it. Despite providing complete network logs (normal ping values ​​and stable connections to other platforms), customer service refused compensation, citing "local network issues." I felt helpless because I had no guarantee of my funds. Everyone should be wary of a platform with fabricated data, poor customer service, and a lack of oversight.This entity only holds a weakly regulated license from CIMA (Cayman Islands Monetary Authority), and client funds are protected at zero cost!

FX6120736552

Verified

Malaysia

During my time trading with KVB, I followed their advice, but ended up losing money every time. I spent real money, not to play disconnect and reconnect games! The stability of their trading platform (especially the MT4 server) is appalling! In the past two months, I've experienced no fewer than ten server outages, especially during critical times like the European market opening and Federal Reserve news releases. "No connection" would simply appear in the lower left corner of the screen, chart prices would stop updating, and all orders would be unexecuted and positions could not be closed! Can you imagine the despair of watching unrealized profits turn into losses, or even watch your account get wiped out, with no action to take? I'm using enterprise-grade dedicated fiber! Other platforms are working perfectly, but yours is the only one experiencing issues every day? They're putting their customers' hard-earned money at enormous technical risk, with absolutely no sense of responsibil

FX2240239676

Verified

Thailand

The Stop Loss order didn't work, and the position closure was delayed. I lost everything. KVB Forex is a fraudulent scam that deceives traders to steal their money! I deposited $15,000 to trade, but due to the platform's ineffective Stop Loss orders and maliciously delayed position closures, I lost $8,000 in just two weeks. Their despicable behavior must be exposed! I shorted GBP/USD at 1.2680, strictly setting a Stop Loss at 1.2730 (limiting risk to no more than 50 pips), and repeatedly confirmed that the Stop Loss was active. However, after the data was released, the market suddenly surged, breaking through 1.2730, and my Stop Loss was never triggered! I urgently clicked to close the position, but the platform froze. After closing, I calculated my losses. What's even more infuriating is that during the same period, other legitimate platforms executed Stop Loss orders normally without any delays in trade closures. Clearly, KVB deliberately manipulated the system during market volatility, causing Stop Loss orders to fail and delaying position closures, forcing investors to lose their trades.