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Kovie Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-08-31 09:56

Abstract:Kovie, a trading name of Kovie Global Limited, is allegedly a brokerage company registered in China that claims to provide trading assets on the leading MetaTrader5 trading platform, but the financial services are only available on the Chinese market. As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

  Note: For some unknown reason, we cannot open Kovies official site (https://www.koviegloba.com/zh-cn/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

  General Information & Regulation

  Kovie, a trading name of Kovie Global Limited, is allegedly a brokerage company registered in China that claims to provide trading assets on the leading MetaTrader5 trading platform, but the financial services are only available on the Chinese market. As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

  As for regulation, it has been verified that Kovie does not fall under any valid regulations. Also, the broker receives a lot of complaints. That is why its regulatory status on WikiFX is listed as “Complaints” and it receives a relatively low score of 1.19/10. Please be aware of the risk.

General Information & Regulation

  Negative Reviews

  Some traders shared their terrible trading experience in the Kovie platform at WikiFX. They said they were unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.

Negative Reviews

  Trading Platform Available

  The platform available for trading at Kovie is the worlds most trusted and popular MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

  Customer Support

  Kovie‘s customer support can be only reached by email: service@koviegloba.com. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most brokers offer.

  Risk Warning

  Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Related broker

No Regulation
Kovie
Company name:Kovie Global Limited
Score
1.48
Website:http://www.koviegloba.com/zh-cn/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.48

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