KMB

Headquartered in Seoul, South Korea, and founded in 1999, KMB offers a comprehensive range of FX services, including spot trading, market average rate transactions, swaps, non-deliverable forwards, and deposit transactions, with a particular focus on major currency pairs like KRW/USD and KRW/CNH. It is currently regulated by FSS.

Pros and Cons

Is KMB Legit?

Yes. KMB is regulated by the Financial Supervisory Service (FSS). It holds a Financial Service license.

Regulated Country	Regulator	Status	Regulated Entity	License Type	License No.
	FSS	Regulated	Korea Money Brokerage Corp	Financial Service	Unreleased

What Can I Trade on KMB?

KMB offers fixed income, bonds, forex, and derivatives. Bonds includes Korea Treasury Bond (KTB) , Monetary Stabilization Bond (MSB), foreign currency bonds, CD (Certificate of Deposit), and monetary stabilization bond.

KMB champions in both electronic and voice broking for FX spot transactions in key pairs like KRW/USD and KRW/CNH, underscoring the platform's commitment to precision and efficiency. This service is geared towards institutional traders, with a standard transaction unit set at USD 1 million for USD trades, showcasing KMB's focus on substantial market operations.

Additionally, The derivatives encompasses IRS, CRS and FRA. In their money market sector, they offers unsecured call money, repo, electronic short term and CP.

Trading Platform

KMB offers a proprietary electronic trade system, called KMB-Net. Industry-leading MT4 and MT5 trading platforms are not supported.