KAB Review 2024
Website: www.kabonline.com
Min. Deposit: US$ 100
Leverage: 1:30
Trading Platforms: MT4, KAB HK/China Securities Trading Platform
Regulation: CySEC
Headquarters: Cyprus
Founded: 2002
Regulatory Licenses:
- KAB Strategy Limited - authorized by CySEC (Cyprus) registration no. 058/05
Updated on April 12, 2024
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In our comprehensive review process, we meticulously evaluate forex brokers by comparing them against a set of stringent criteria. This involves analyzing the broker's regulatory status, trading platforms, account types, customer support, and educational resources, among other aspects. Our assessments are based on direct testing, a thorough market comparison involving over 1000 brokers, and feedback from active users. This rigorous methodology ensures our reviews are unbiased and provide valuable insights into the broker's services and offerings.
KAB is acknowledged as a trustworthy broker with elite regulation and superior technology for trading, covering Futures, Portfolios, and other soughtafter assets, making it an ideal choice for advanced or professional traders.
On the downside, KAB might not be the best fit for beginners due to its sophisticated technology tailored for experienced traders. Additionally, the absence of accounts based on spreads and adequate educational resources can be seen as a drawback.
No, KAB is not a scam. This broker enjoys a high level of regulation and strictly complies with regulatory laws. Furthermore, it boasts a long history of operation during which it has established a reputable image and consistently satisfied its clients with the services provided.
KAB Review Summary in 12 Points ▲
Headquarters: Cyprus
Regulation and License: CySEC
Instruments: Stocks, IPOs and ETFs, Rolling Futures/CFDs, Spot Metals and Currencies and Portfolio Management Services
Platforms: MT4, KAB HK/China Securities Trading Platform
Costs: Futures commission is $40 per open side
Demo Account: Provided
Base currencies: EUR, GBP, USD
Minimum deposit: US$100
Education: Research tools
Customer Support: 24/5
Based on our Expert finds and reviews KAB is considered a good broker with reliable service and very favorable trading conditions, suitable for both beginners and experienced traders.
KAB Overall Ranking is 7.9 out of 10 based on our testing and comparison to over 1000 brokers.
Is KAB regulated?
KAB STRATEGY LIMITED, better known as KAB, is a licensed and regulated Cypriot Investment Firm, also authorized under the Cyprus Securities and Exchange Commission to operate within all member states of the EU according to the MiFID regulations.
In addition, due to KAB's established operation in the MENA region, the broker is authorized in Kuwait to offer trading services.
The aforementioned regulation offers a secure environment for global traders, imposing restrictions and requiring licensed companies to provide a sufficient level of security to their clients, as well as operate a reliable financial service. Client investments and funds are kept separately from the company’s own accounts, ensuring better protection for the client.
Furthermore, being a member of the Investor Compensation Fund set up by the Central Bank of Cyprus and the Cyprus Securities and Exchange Commission, KAB provides an additional layer of protection for eligible clients in case of the broker’s insolvency or unlikely events.
At KAB, the leverage level offered to its clients is defined by the law of ESMA European regulatory standards, therefore typically low.
The leverage level defined by CySEC starts from 1:10 for commodities up to 1:30 for forex major pairs.
Leverage tool indeed is a powerful feature, yet you should learn deeply how to use it the best way, as leverage may work in reverse to your gains too.
From our findings, the broker provides multiple account types each catering to specific trading needs. The types at KAB are designed by the trading markets as well as by the execution model according to the instrument you will trade.
KAB MT4 Account allows trading CFDs on presenting instruments on the popular MT4 platform with flexible leverage up to 1:500 and the availability to trade mini or standard lots upon the trader’s choice.
ECN Forex Account brings the direct option to realtime pricing provided by 60 world banks with a raw spread offering and commission per trade negotiable according to your trading size.
HK/China Stocks Account brings access to trade in one of the biggest world markets and invests directly in Hong Kong securities. The account is selfmanaged via an online platform with instant execution of trades and no minimum deposit requirements, bringing a fantastic option for China Stocks trading.
Portfolio Management account offers IPO (Initial Public Offering) market with a click with an evaluation of investment needs using proven strategies. The company’s goal is to achieve longterm appreciation by investing in the Asia region, while the minimum initial subscription is HKF 1,000,000.
In addition, since the broker KAB branch is located in Kuwait it also offers Islamic or Swapfree accounts that are suitable for Muslim customers
The broker offers a wide range of financial products and services through one multipurpose account tailored to investors’ individual needs, whilst fulfilling the requirements of various EU regulatory bodies.
The product offering includes Hong Kong Stock Exchangetraded securities, such as Stocks, IPOs, and ETFs, Rolling Futures/CFDs, Spot Metals and Currencies, and Portfolio Management Services, provided at reasonable, competitive tight spreads and commissions.
Yet, it seems like KAB is a more convenient choice for professional traders and active ones due to its high possibilities and technological proposals through advanced features.
KAB Markets Range Score is 8 out of 10 for a wide trading instrument selection, yet the only gap European entity offers mainly CFDs and Forex Instruments
KAB fees are mainly a commission charge, while the account offerings along with the commissions and general trading conditions may be slightly different for European or any other residence clients. Therefore, for the most uptodate information, you should refer to customer support stating your country of origin and get the most recent and correct offering before signing up for an account with KAB.
KAB Fees are ranked low with an overall rating of 9 out of 10 based on our testing and comparison to over 1000 other brokers. Fees might be different based on the account types, see our findings of fees and pricing in the table below, overall KAB fees are considered good.
When evaluating the cost-effectiveness of a forex broker, it's imperative to consider the leverage trading fees as these can significantly impact your trading profitability. The forex broker in question offers competitive leverage rates, providing traders the opportunity to maximize their trading potential while maintaining controlled risks. The broker's fees associated with leverage trading are transparently outlined, ensuring traders can easily calculate the cost implications on their trades. They offer a tiered fee structure based on the volume of the trade, which tends to reduce as the trade volume increases, making it a cost-effective solution for high-volume traders. However, it's crucial for traders to understand how leverage works and the risks involved, as it can amplify both profits and losses.
The spread, the difference between the bid and ask price, is a critical factor in forex trading as it affects every trade executed. This forex broker boasts narrow spreads, which can significantly reduce trading costs, especially for active traders who execute numerous trades. The broker provides variable spreads that adjust to market conditions, offering tighter spreads during high liquidity periods and slightly wider spreads during off-market hours. This approach allows traders to benefit from more favorable pricing during peak trading times. It's essential for traders to monitor spreads for different currency pairs, as they can vary and influence trading strategies.
To commence live trading, it's imperative to make a deposit via the "My Account" section, selecting either Bank Transfer or UnionPay Card for online payments. Although the selection of payment methods may seem limited, these options are highly convenient for traders. Notably, KAB does not impose any fees or commissions on deposits, though it's important to note that some payment providers might levy additional charges, for which traders are solely responsible.
KAB's funding methods have received an excellent rating, scoring 4.0 out of 5, reflecting the ease of depositing funds with minimal to no fees and the flexibility to choose from various account-based currencies. The minimum deposit requirement is comparatively low, enhancing accessibility for traders. A detailed evaluation of KAB's funding methods reveals both positive and negative aspects, as outlined below.
The minimum deposit for KAB is tailored to accommodate 5 main types of investment, each comprising over 40 product types with specific minimum investment requirements. For instance, the initial margin for a standard contract of precious metals is US$ 1,000, but traders can start with a 0.1 lot of a mini-contract requiring only US$ 100. For further details on specific instruments, contacting customer service is advisable.
When comparing KAB's minimum deposit to that of other brokers, KAB stands out with a requirement of just $100, significantly lower than the $500 typically required by most other brokers. Deposits into an MT4 trading account are denominated in USD, and any funding in other currencies will be converted at the prevailing market rate. Withdrawals follow a similar process and are directly linked to the trader's bank or credit card account.
KAB offers fast, stable, and reliable online trading platforms, allowing access to a wide range of markets including Precious Metals, Equities, Indices, Commodities, and Forex with just a click. Ranked with a high score of 4.0 out of 5, KAB's trading platforms stand out in comparison to those offered by 1000 other brokers. The choice of MT4 as the primary platform facilitates real-time pricing, interactive charts, market news, analysis tools, and access to the HK or China Securities Trading Platform. This in-house developed software enables seamless management of accounts and execution of orders on the Hong Kong Exchange Securities online or via standing orders.
MT4's global popularity is due to its easy connectivity, seamless integration, powerful charting tools, and intelligent multi-trading functions across various lot sizes. KAB enhances trader support through the development of platforms for both PC and mobile applications, catering to the diverse needs of its clientele.
KAB's commitment to client satisfaction is evidenced by its excellent customer support, which includes a 24-hour live chat facility and multilingual support. Based on our assessments, customer support at KAB is awarded a score of 3.7 out of 5. The response times and quality of support are among the best compared to other brokers, although it's worth noting that the service is not available 24/7.
In conclusion, KAB stands as a reputable entity within the financial trading and stock exchange industry, offering unique opportunities for trading through HK/China Stock trade. As part of a larger global group, KAB is a well-regulated broker ensuring a secure trading environment. Its investment offerings, primarily focused on stock trading and CFDs on Indices, Commodities, and more, cater especially to professional level or active traders seeking benefits aligned with their personal trading strategies.
Based on our comprehensive review and expert financial opinion, KAB is highly recommended for: beginning traders, professional traders, EA usage, copy trading, scalping/hedging strategies, traders preferring the MT4 platform, and those engaged in currency and CFD trading. It is well-suited for a variety of trading strategies, making it a versatile choice for traders.
