KUBERA MARKETS Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-26 12:06

Abstract：Kubera Markets, established in 2023 and based in Malaysia, offers trading in metals, forex, commodities, cryptos, and equities with spread from 1.2 pips on the Classic account via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just 50 USD. However, their license of LFSA is regarded as suspicious clone.

KUBERA CAPITAL MARKETS LTD Review Summary
Founded	2023
Registered Country/Region	Malaysia
Regulation	LFSA (Suspicious clone)
Market Instruments	1,000+, metals, forex, commodities, cryptos, and equities
Demo Account	✅
Islamic Account	✅
Leverage	/
Spread	From 1.2 pips (Classic account)
Trading Platform	MT5
Min Deposit	$50
Customer Support	24/7 support
	Contact form
	Address: Suite No. 3, Unit Level 9(E), Main Office Tower, Financial Park Complex, Jalan Merdeka, 87000 Federal Territory of Labuan, Malaysia
Regional Restrictions	Afghanistan, Algeria, Angola, Bulgaria, Burkina Faso, Cameroon, Côte dIvoire, Croatia, Democratic Republic of Congo, Haiti, Iran, Kenya, Lebanon, Malaysia, Mali, Monaco, Mozambique, Namibia, Nigeria, North Korea, Philippines, Russia, South Africa, South Sudan, Syria, Tanzania, USA, Venezuela, Vietnam, Yemen

　　Kubera Markets, established in 2023 and based in Malaysia, offers trading in metals, forex, commodities, cryptos, and equities with spread from 1.2 pips on the Classic account via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just 50 USD. However, their license of LFSA is regarded as suspicious clone.

Pros and Cons

Pros	Cons
Over 1,000 tradable products	LFSA (Suspicious clone)
Demo and Islamic accounts	Regional restrictions
Commission-free account offered	Newly established
MT5 trading platform offered	Unclear payment methods
Low minimum deposit
24/7 support

Is KUBERA CAPITAL MARKETS LTD Legit?

　　No. KUBERA CAPITAL MARKETS LTDs license of the Labuan Financial Services Authority (Labuan FSA) is regarded as suspicious clone one.

Regulatory Status	Suspicious clone
Regulated by	Labuan Financial Services Authority (LFSA)
Licensed Institution	KUBERA CAPITAL MARKETS LTD.
Licensed Type	Straight Through Processing (STP)
Licensed Number	MB/21/0086

What Can I Trade on KUBERA CAPITAL MARKETS LTD?

　　KUBERA CAPITAL MARKETS LTD offers over 1,000 tradable instruments including metals, forex, commodities, cryptos, and equities.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Commodities	✔
Cryptocurrencies	✔
Equities	✔
Indices	❌
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

What Can I Trade on KUBERA CAPITAL MARKETS LTD?

Account Type

　　KUBERA CAPITAL MARKETS LTD offers three kinds of live accounts. Besides, it also supports demo accounts for getting familiar with their trading conditions.

Account Type	CLASSIC	PRIME	ULTRA API
MinDeposit	$50	$50	$20,000
Base Currencies	AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL
Execution Type	Market	ECN	ECN
Suitable for	Beginners	Experienced traders, scalpers	Professional traders, money managers

Fees

Account Type	CLASSIC	PRIME	ULTRA API
Spread	From 1.2 pips	From 0 pips
Commission	❌	$3 per lot per side	$1 per lot per side

Trading Product	Min Spread	Margin	Price
AUDJPY	0.017	0.88%	96.36
BTCUSD	19.7	1.32%	105144.7
DE30	1.04	1.47%	20067.13
DJ30	3.54	1.99%	42379.33
EURJPY	0.015	0.57%	160.5
EURUSD	0.00006	0.44%	1.05
GBPUSD	0.00009	0.21%	1.26
US30	3.5	0.07%	42391.1
USDJPY	0.008	0.35%	153.81