KVB: A Closer Look at Its Licences

When selecting a broker for online trading, it‘s important to understand whether the company is properly licensed and monitored by financial authorities. Regulation helps ensure that brokers operate fairly and protect their clients’ interests. KVB is a broker that holds licences in both Indonesia and the United Kingdom, which are important markets in global finance.

According to WikiFX, a broker review platform that examines factors like regulation, business operations, software, and risk management, KVB has been given a WikiScore of 6.75 out of 10. This score suggests that KVB meets certain standards, though it also highlights areas where traders should pay attention and carry out their own checks.

KVB holds a Retail Forex Licence in Indonesia, regulated by BAPPEBTI, which is short for Badan Pengawas Perdagangan Berjangka Komoditi. This agency oversees the financial services industry in Indonesia and operates under the Indonesian Ministry of Finance. KVB‘s Indonesian entity, PT KVB Futures Indonesia, is licensed under number 1051/BAPPEBTI/SI/1/2007. The licence is active and considered regulated. This suggests that KVB is legally allowed to offer forex trading to retail clients in Indonesia under the country’s official rules.

In the United Kingdom, KVB is listed as an Appointed Representative (AR) under the Financial Conduct Authority (FCA). The FCA is one of the most respected financial regulators in the world. It operates independently from the UK government and monitors how firms treat their customers and handle financial risks. KVB‘s UK licence is held under the name KVB Europe Ltd, with licence number 1017430, and it is currently marked as regulated. However, it’s important to note that an Appointed Representative is not directly authorised by the FCA but instead operates under the supervision of another firm that is fully authorised.

As always, traders should not rely on a single score or licence alone with any broker in the market. It‘s essential to read the fine print, understand the services being offered under each licence, and make sure that the broker’s offerings suit your needs and risk tolerance. Regulation is a good starting point, but informed decision-making is just as important when choosing a broker for your trading journey.