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Millbank FX-Some important Details about This Broker

caveo Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:21

Abstract:Caveo is an unregulated broker, offering trading on forex, metals, energy, indices, commodities, futures and stocks with leverage up to 1:400 and spread from 0.8 pips on MT5 trading platform. The minimum deposit requirement is $250.

Caveo Review Summary
Founded/
Registered Country/RegionKuwait
RegulationNo regulation
Market InstrumentsForex, metals, energy, indices, commodities, futures, stocks
Demo Account✅
LeverageUp to 1:400
EUR/USD SpreadFrom 0.8 pips
Trading PlatformMT5, Caveo APP
Copy Trading✅
Minimum Deposit$250
Customer SupportLive chat, contact form
Tel: +965 22281007
Email: wecare@caveo.com.kw
WeCare, WhatsApp, Facebook, Instagram, X, YouTube

Caveo Information

  Caveo is an unregulated broker, offering trading on forex, metals, energy, indices, commodities, futures and stocks with leverage up to 1:400 and spread from 0.8 pips on MT5 trading platform. The minimum deposit requirement is $250.

Caveo Information

Pros and Cons

Pros Cons
Tight spreadsNo regulation
Demo accountsHigh minimum deposit requirement
Various contact channelsLimited types of account choices
MT5 platform
Diverse tradable assets
Copy trading provided

Is Caveo Legit?

  No. Caveo currently has no valid regulations. Please be aware of the risk!

Caveo license
Caveo domain

What Can I Trade on Caveo?

  Caveo offers trading on forex, metals, energy, indices, commodities, futures and stocks.

Tradable Instruments Supported
Forex✔
Metals ✔
Energy ✔
Indices ✔
Commodities✔
Futures ✔
Stocks✔
Cryptos❌
Bonds❌
Options❌
ETFs❌
Caveo products

Account Type

  Here are two account types Caveo offers:

Account TypeMinimum Deposit
Prime $25k
Elite $250
Account Type

Leverage

  Caveo offers max leverage at 1:400. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

Caveo Spread

Account TypeEUR/USD Spread
Prime From 0.8 pips
Elite From 1.4 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔PC, mobile, tablet, MacExperienced traders
CAVEO APP✔Mobile/
MT4❌/Beginners
Trading Platform
Trading Platform

Copy Trading

  Caveo provides copy trading services, which enables customers to follow top traders and learn from their trading experiences. However, it is inaccessible on its official website, and we cannot prove whether this service still works out. Please consider carefully before trying its services.

Copy Trading

Deposit and Withdrawal

  Caveo accepts payments via MasterCard, bank transfer, or KNET card (within Kuwait).

  Clients can withdraw via bank wire. The broker will transfer the funds to client's bank account on the same day through the Client portal. A bank transfer often takes 3 to 5 business days.

Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

Related broker

Not Regulated
caveo
Company name:Caveo Trading Service, Inc.
Score
2.23
Website:https://caveo.com.kw/?lang=en
5-10 years | Questionable Regulatory License | MT5 Full License | Self-developed
Score
2.23

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