KAB

joalund

1-2 years

How low are the spreads on KAB?

WikiFX Reply

The spread on KAB is touted as being as low as 0.1 pips, which is really attractive for traders who want to minimize their transaction costs. As a trader, I appreciate low spreads, especially in fast-moving markets where every pip counts. However, I would want to confirm whether this low spread applies across all the instruments offered or only to certain assets. Knowing how the spread works across the board is crucial for me in determining whether KAB’s pricing structure is actually as competitive as it seems.

Broker Issues

KAB

Fees and Spreads

08-10

United States

joalund

1-2 years

How trustworthy is KAB, considering it's unregulated?

WikiFX Reply

To be honest, I’m quite wary about using KAB because it’s unregulated. Regulation acts as a safety net for traders, ensuring that there are checks in place to prevent fraud or mismanagement of funds. Without regulation, there's no guarantee that the broker will handle my money responsibly or that there will be a transparent process for addressing any disputes. While KAB offers some attractive features, such as low spreads and high leverage, I always prioritize safety, and an unregulated broker simply doesn’t provide the same level of trustworthiness as one that is regulated.

Broker Issues

KAB

Regulation

08-04

United States

WoodCrusher

1-2 years

Is KAB a secure platform for my trades?

WikiFX Reply

From my perspective, security is a major concern when trading, and KAB's unregulated status raises a big red flag for me. Regulation ensures that brokers have to follow strict guidelines, particularly around the safety of client funds and transparency in operations. Since KAB is not regulated, there’s no clear oversight of its activities, which makes me hesitant to trust them completely. While they claim to be overseen by the Kuwait Chamber of Commerce and Industry, it’s not a financial regulatory body, meaning there’s no guarantee my funds will be safeguarded.

Broker Issues

KAB

Leverage

Platform

Instruments

Account

06-21

United States

Razzie87

1-2 years

What payment options does KAB support for deposits and withdrawals?

WikiFX Reply

KAB doesn’t provide any information on what payment methods are available for deposits and withdrawals, which is a significant gap in their transparency. It’s essential to know whether I can use credit cards, bank transfers, or e-wallets to fund my account or withdraw profits. If this information isn’t readily available, I would contact their customer support team to find out. Without knowing the payment options, it’s difficult for me to assess how convenient it will be to move funds in and out of my account.

Broker Issues

KAB

Deposit

Withdrawal

06-19

United States