Desk file · 2026 edition · record confidence: medium
KVB Kunlun (KVB)
We opened the file on KVB Kunlun (KVB) the way we open every file: register first, marketing never. Trading since , run out of Hong Kong (KVB Kunlun Financial Group Limited), and carrying 2 licence entries on the public record, 1 of them tier-1.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | not verified |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | not verified |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $not verified |
Spread basis. . Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| ASIC | 334293 | Australia | T1 | KVB Global Markets Pty Ltd | search-afsl.com |
| BAPPEBTI | 1051/BAPPEBTI/SI/1/2007 | Indonesia | T3 | PT KVB Futures Indonesia (d/h. PT Sagafx Sukses Berjangka) | kvbplus.com |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- The ASIC AFS licensee register (via search-afsl.com mirror) shows licence 334293 for Kvb Global Markets Pty ltd, issued 27 March 2009, ABN/ACN 46132903514, address Sydney NSW.
- ABN Lookup prints the entity-name history KVB FX Pty Ltd -> KVB GLOBAL MARKETS PTY LTD for ABN 46 132 903 514, active from 25 August 2008.
- KVB's Indonesian site legal page states PT KVB Futures Indonesia is regulated by BAPPEBTI (licence 1051/BAPPEBTI/SI/1/2007), OJK (S200000111142), is a JFX member (SPAB-147/BBJ/10/05), and was formerly named PT Sagafx Sukses Berjangka.
- KVB's account-spec pages list negative balance protection for Prime, ECN and Cent accounts, with margin call/stop-out levels of 50%/20% shown in the spec JSON, and the Indonesian site states leverage up to 1:100.
- Securities & Futures Commission search lists 'KVB Kunlun Financial Group Limited (Delisted)' - the group was formerly listed on the Hong Kong Stock Exchange and is now delisted.
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- founded: not verified from a primary source
- minDeposit: spec pages carry a 'Minimum deposit' field but the value was not extracted
- spreadEurusd: not verified
- segregatedFunds: not verified from legal docs
- SFC licence: no Hong Kong SFC CE number verified for the HK group in this run
- maxLeverage: 1:100 qualifier applies to the Indonesian site; AU/other-entity leverage not verified
- current operating brand/entity mapping (KVB Prime vs KVB Kunlun vs KVB Futures) not fully disambiguated from primary sources
| Founded | |
| Head office | Hong Kong (KVB Kunlun Financial Group Limited) |
| Minimum deposit | not verified |
| Leverage cap | Up to 1:100 (PT KVB Futures Indonesia site) |
| EUR/USD | not verified pips |
| Tier-1 entries | 1 |
| Record confidence | medium |
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.