KVB Global Exposed: High Slippage, Hidden Transaction Fees & Fund Scams

Does the MT4 platform provided by KVB Global minimize your actual profit? Does the broker deny your withdrawal request and instead tell you to deposit more? Have you faced hidden charges on blockchain transactions by the KVB Group? Have you witnessed massive fund scams while trading with the KVB broker? You need to act fast and even take legal assistance to recover your stuck funds. Several traders have alleged that KVB Global is involved in illegitimate trading activities. Check out their complaints in this KVB Global review.

How Does KVB Global Victimize Innocent Traders? Check Out the Top Complaints

Diminishing Profits Due to Slippage

This complaint showcases a scenario where the trader made a profit worth $21 after closing a trade. However, the broker closed the trade at the price at which it was opened, neglecting the trades made afterward. The erroneous figure shown on the MT4 platform also contributed to a profit loss worth $21. To know more about the problem, look at this complaint below.

Withdrawal Request Rejection

KVB Global, invariably, rejects withdrawal requests made by traders. Instead, the broker tells traders to deposit more. This indicates a potential investment scam, and traders should stop trading and take legal action to recover their funds. We found this complaint shared by one of its traders. Take a look.

Fund Scams

Traders also report rampant fund scams by KVB Group. Market reports suggest that many have been robbed of their hard-earned capital, including the trader shown in the screenshot below.

Hidden Transaction Fees

In another revelation, a trader was asked to initiate a blockchain transaction for which he needed to pay a transaction fee worth $64. After the bitcoin transfer, the trader had to pay $58 to get $46 transferred to his account. After paying, the payment link broke, throwing the trader off the platform. The trader lost his capital. A close look at the screenshot shared below will help you understand the matter better.

KVB Global Review by WikiFX - Explaining Score & Regulation Status

The WikiFX team reviewed the KVB broker on every aspect, including the trading complaints and regulatory framework. The complaints found malicious trading activities by the broker; on the other hand, the broker is found to be regulated in New Zealand. Despite that, the overall scenario looks bleak, and, therefore, the WikiFX team gave it a score of just 2.86 out of 10.

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