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May 6, 2016

Question:Account type & Trading conditions of KVB Kunlun's Forexstar (MT4)

Answer:

KVB Kunlun offers 32 Forex Currency Pairs through its trading platform.

Each type of financial instruments has got different “Contract Specifications”(conditions) so you may want to make sure that you know the conditions before start tradings.

 Contract Size 100,000 units = 1 standard lot
 Minimum Tradable Lot 0.01 standard lot = 1,000 units
 Maximum Leverage Up to 1:200
 Margin Requirement From 0.5% to 5%
 Nearest level from which orders can be placed 30 points = 3 pips
 Swap (Overnight Financing) Yes, unless swap-free(Islamic Account)
 Trading Hours From Sunday 19:00 to Friday 22:00 in GMT
GMT Offset GMT + 2 (GMT+3 in DST, Summer Time)

KVB Kunlun Official Website

Leverage up to 1:200

With KVB Kunlun, you can choose leverage from 1:20 to 1:200. There is no restrictions in terms of the leverage.

For other financial instruments, only limited leverage is available with KVB Kunlun.

If you consider the leverage is too high, you can reduce the leverage as you want though, fortunately KVB Kunlun offers NBP(Negative Balance Protection) to all its clients’ trading accounts.

So you will not lose more than you deposit with KVB Kunlun.

Variable Spread from 1.2 pips

The spread KVB Kunlun offers is variable and could go wider and tighter than the normal spread depending on the market situations.

In its trading platform Forexstar, the broker will reflect the spread provided by its liquidity providers with added markup.

The markup spread by KVB Kunlun would be fixed all times, but due to high volatility or low liquidity situation, its liquidity providers(banks) may increase the spread.

It is not strange that some spread goes dozens pips wider than the normal hours.

KVB Kunlun does not manipulate prices or widen the spread with intention of making losses for its clients.

Simply loss of its clients is not a profit for KVB Kunlun at all.

KVB Kunlun Official Website

Complete 100% STP Environment

With KVB Kunlun, you can trade with the real exchange market, not like many other brokers.

Meaning that all your orders will be directly sent to the real exchange market. KVB Kunlun does not act as a Market Maker and there is not interference to your orders nor price manipulations.

Spread is a bit wider than the average because KVB Kunlun needs to earn profit only from the markup spread.

On the other hand, many brokers adopt OTC/STP model and they hedge(cover) your orders in order to make profits when its clients’ make losses.

The benefits of this STP environment are:

  • There is no restrictions on its trading platform
  • Your trades will have real influence to the exchange market

All trading accounts of KVB Kunlun are STP accounts.

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