Company Summary
| Caveo Review Summary | |
| Founded | / |
| Registered Country/Region | Kuwait |
| Regulation | No regulation |
| Market Instruments | Forex, metals, energy, indices, commodities, futures, stocks |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| EUR/USD Spread | From 0.8 pips |
| Trading Platform | MT5, Caveo APP |
| Copy Trading | ✅ |
| Minimum Deposit | $250 |
| Customer Support | Live 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.
Pros and Cons
| Pros | Cons |
| Tight spreads | No regulation |
| Demo accounts | High minimum deposit requirement |
| Various contact channels | Limited 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!
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 | ❌ |
Account Type
Here are two account types Caveo offers:
| Account Type | Minimum Deposit |
| Prime | $25k |
| Elite | $250 |
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 Type | EUR/USD Spread |
| Prime | From 0.8 pips |
| Elite | From 1.4 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, mobile, tablet, Mac | Experienced traders |
| CAVEO APP | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
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.
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.
