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HOW IT WORKS

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on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Not independently verified
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

KCM Trade

Broker · International

About the company

Legal company nameKohle Capital Markets Limited · Kohle Capital Markets Pty Ltd · KCM Group Holdings Limited
Year founded2016
Headquarters / registered countryEbène, Mauritius
Websitewww.kcmtrade.com
Last checked08.10.2026

According to its official website, KCM Trade started in 2016 by providing liquidity brokerage services to institutional clients and began offering trading services to retail clients in 2019. The services on the site are provided by Kohle Capital Markets Limited, part of KCM Group, whose parent company is KCM Group Holdings Limited; this Mauritius company in Ebène states that it is regulated by the FSC Mauritius (C117022600). Kohle Capital Markets Pty Ltd in Australia holds an ASIC licence (AFSL 489437); the company says this entity gives general advice only and is not a product issuer, and according to ASIC's record its authorisation to issue derivatives is limited to wholesale clients. Offices are listed in several cities, including Melbourne, Port Louis, Pretoria, Bangkok, Hanoi, Kuala Lumpur and Hong Kong. The company offers forex, precious metal, energy, index and share CFDs on more than 200 instruments through STP and ECN accounts on MetaTrader 4, MetaTrader 5, KCM Trade WebTerminal, KCMTrade Copy and a mobile app; the minimum initial deposit is 1,000 USD on the STP account and 30,000 USD on the ECN account, and leverage is up to 1:1000. Clients from the US, Canada, Japan, North Korea, Iran, Syria and Sudan are not accepted. This information is the company's own statement.

Account Details

ACCOUNT TYPESSTP · ECN
MIN. DEPOSIT1,000 USD (STP account)
PLATFORMSMetaTrader 4 · MetaTrader 5 · KCM Trade WebTerminal · KCMTrade Copy · Mobile app
PRODUCTSForex · Precious metals · Energy and commodities · Indices · Share CFDs
LEVERAGEUp to 1:1000

Licences and regulation

ASIC (Australia)

Licence no.AFSL 489437
Licence holderKohle Capital Markets Pty Ltd
ScopeAFS licence held since 6 Jul 2017. According to ASIC's record, authorised to give general advice to retail and wholesale clients; issuing derivatives and foreign exchange products is limited to wholesale clients only. The Australian site says it gives general advice only.
StatusVerified

FSC (Mauritius)

Licence no.C117022600
Licence holderKohle Capital Markets Limited
ScopeThe company states that Kohle Capital Markets Limited, which serves international clients, is regulated by the Financial Services Commission of Mauritius (C117022600, Global Business License). The record could not be verified because the Mauritius FSC register could not be read.
StatusPending verification

User complaints

User reports found online are classified by topic. The charts show how reports are distributed.

Period reviewed: April 2021 – September 2026

  • Account / trading conditions: 6
  • Withdrawal / payment: 5
  • Identity verification: 1

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on KCM Trade's Trustpilot page (4) and WikiFX (8) records as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the KCM Trade name are left out. Across the complaints, allegations that accounts were deliberately run into losses and that charts differed from other platforms, and complaints that profits on positions held over the weekend were not paid, stand out.

Sources and verification history

Official company sourceskcmtrade.com — homepage, About, Regulation, Forex, help centre (account opening, STP and ECN accounts, payment methods), footer · kcmtradeplus.com.au — homepage
Regulator recordsASIC — KOHLE CAPITAL MARKETS PTY LTD, AFSL 489437 (data.gov.au)
Company registerCompany registry information not stated on the site
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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