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KCB

Regulated
International
,
Since 1896
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
BusinessBusinessTrust+6 more

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

8 methods

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

ATM Withdrawal

bank transfer
Instant
Fee:
Free
Fee:
1.0%

KCB Mobile Banking

e wallet
Instant
Fee:
Free
Fee:
Free

Visa Credit Card

credit card
9 days
Fee:
Free
Fee:
6.0%

SWIFT Transfer

wire transfer
4 days
Fee:
KES 2,000
Fee:
KES 2,000

Cash Deposit

bank transfer
Instant
Fee:
Free
Fee:
Free

Standing Order

bank transfer
days
Fee:
KES 265
Fee:
KES 160

Safe Custody

other
hours
Fee:
KES 1,280
Fee:
KES 1,280

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 8%, 2: License 37%, 3: Software 0%, 4: Spread 0%, 5: Account Type 25%, 6: Symbol 0%
Regulation
8%Poor
License
37%Poor
Software
0%Poor
Spread
0%Poor
Account Type
25%Poor
Symbol
0%Poor

Company Information

Full Name:KCB Group Limited
Founded:1896
Headquarters:N/A
Enterprise Offices:1offices

Customer Support

Phone:
+257 76 522 500
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about KCB: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

KCB is a trading brokerage firm and financial services company that tries to make global financial markets accessible to traders. Information about KCB is scant, but the broker describes itself as a platform that caters for beginners up to experienced traders looking to expand their trading horizons. The broker aims to offer dependable trading conditions and a smooth experience; KCB seeks to meet customers' changing needs in a competitive environment.

Background Information

Only limited information is available on the detailed history and found date of KCB. The broker seems relatively new or keeps a low profile in the public domain, not an uncommon situation within the financial services landscape where many firms remain discrete to focus on client service and platform development.

Though there is a lack of historical information, the very fact of KCB’s existence as a trading company presupposes the obligation of this broker to provide access to both a wide range of financial instruments and trading platforms. The company appears to adopt an approach of adaptability and customer-oriented solutions, which is a necessary set of characteristics for any brokerage firm operating in a volatile market environment.

Key Features and Offerings

While one cannot find specific details on KCB's product range and services, brokers in this category typically offer their clients a selection of trading instruments such as forex, commodities, indices, and probably cryptocurrencies. In the case of KCB, it would probably arrange access to these markets using popular trading platforms with an aim toward accommodating different trading styles and preferences.

What's more, brokers like KCB very often come up with competitive spreads, variable leverages, and multiple account types that satisfy different trader profiles. Educational resources, customer support, and analytical tools are also a common feature that enhances the general trading experience.

Trading Instruments

Due to the limited data available, it is impossible to point out precisely the list of instruments supported by KCB. Nonetheless, assuming from the general practice, one could expect the broker to provide major and minor currency pairs, commodities such as gold and oil, and maybe CFDs on indices and stocks.

Trading Platforms

Although specific details about the platforms used are not provided, it is common for brokers like KCB to include support for MT4 or MT5, which are renowned for their solid charting features, automated trading capabilities, and ease of use. Additionally, KCB might have mobile trading apps or web-based platforms to complement the core offering with cross-device compatibility.

Licensing and Compliance with Regulation

Regulatory oversight is one of the key elements for choosing a trading broker. Unfortunately, the regulatory status of KCB and all related licensing information are not readily available. Lack of transparency in this respect suggests that potential clients should approach with caution and perform comprehensive due diligence on the broker.

Regulation gives the trader some sense of security that the broker operates on set standards and practices in terms of finances. Without clear regulatory credentials, it cannot be satisfactorily ascertained what the risk profile is for trading through KCB.

Regulator

License Number

Status

Information scarce

—

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Trading Conditions and Technology of the Platform

Trading conditions are a part and parcel of every broker offering, and the more complete this part is, the less expensive and more effective trading would be. Because specific details related to KCB are not fully disclosed, typical conditions to consider would cover such aspects as spreads, leverage, and requirements for the minimum deposit.

This is also where platform technology comes in, playing a significant role in both execution speed and reliability, among other user experiences. Most brokers, like KCB, invest in technology to support seamless order execution and real-time market data.

Trading Condition

Information

Spreads

Limited data available.

Exploit

Limited information is available.

The Minimum Deposit

Limited information available

Platform Technology

Information scarce

Fee Structure

Understanding the fee structure will, therefore, allow the traders to conduct appropriate evaluations concerning the suitability of a broker. The fees may include commissions charged, spread, deposit and withdrawal charges, or even inactivity fees. This information has not been publicly declared by KCB.

Commission-free trading usually implies wider spreads, while commission-based trading may have tighter spreads. Deposit and withdrawal fees differ according to the payment methods and broker policies. Because specific data is not provided, it is highly recommended that potential clients ask KCB about any applicable fees.

Fee Type

Information

Deposit Fees

Limited available information

Withdrawal Fees

Limited available information

Commission

Limited information available

User Experience and Market Reputation

Owing to the limited amount of publicly available information on this broker, it's hard to assess fully what kind of user experience and market reputation KCB has. In general, traders appreciate brokers who provide responsive customer support, easy-to-use platforms, and transparent relations.

Reviews and testimonials should be sought by any potential client to establish how reliable KCB is and the quality of service it provides. Doing this will provide an opportunity to speak directly to their customer service to establish responsiveness and professionalism.

Conclusion

KCB is a trading broker with limited publicly available information regarding its background, regulatory status, trading conditions, and fee structure. While this broker seems to be offering standard trading services typical of any broker, such a lack of transparency calls for the utmost care on the part of prospective clients. Proper due diligence by interested traders is quite necessary, and direct communication with the broker together with regulatory factors are key things to consider before engaging us. As with any financial service provider, it's important to understand the full scope of the offerings and risks involved for a safe and productive trading experience.

Regulation check

Regulatory Licenses

No tier-1 or tier-2 licence is in force. The regulation KCB holds is lighter, and each licence's record says what its regulator requires.

0 of 5 checked
Licences on record
5
Confirmed on register
0
Tier 1 or 2
0
Offshore
0

WIKILIX

Licence intelligence

The strongest of 5 licences on file

Licence Verification Record

The Capital Markets Authority No number recorded

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
Kenya
Authority strength
Tier 3
Licence type
Financial Service
Not yet checked on the register

Client protection under this licence

  • Compensation schemeInvestor Compensation Fund covers up to KSh 50,000 per investor
  • Complaints routeCMA complaints
  • Maximum leverageVaries by firm

These are the rules CMA sets for the firms it licenses. They are not a statement about how KCB applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

9 account types on record. Minimum deposit from USD 25. Leverage up to 1:1.

9 account types
AccountMin DepositLeverageCommission
BusinessCorporateNot recorded1:1Monthly ledger fee BIF 4,500
BusinessCorporateKES 2,0001:1Ledger fees per entry KES 35
TrustInvestNot recorded1:1No maintenance fee
MiniCentKES 1,0001:1No maintenance fee
CorporateUSD 251:1Maintenance fee US$5 if balance < US$1,000
TrustInvestUSD 20,5001:1Maintenance fee US$5 if balance < US$1,000
BusinessCorporateKES 1001:1No maintenance fee
BusinessCorporateKES 1,0001:1No maintenance fee; cheque leaf KES 8
BusinessCorporateNot recorded1:1No ledger or maintenance fee
Account names and conditions as published by KCB, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

10 ways to fund an account. 5 with no deposit fee. 4 credit instantly. The costliest way in is SWIFT Transfer at KES 2000.

10 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank Transfer
Transfers initiated after business hours or on weekends are processed on the next business day.
FreeFreeKES 1,000KES 200KES 500,0003 days
ATM WithdrawalBank Transfer
Minimum withdrawal fee is 300 KES. Available at KCB ATMs and partner ATMs.
Free1%Not recordedNot recordedKES 300,000Instant
KCB Mobile BankingE-Wallet
No transaction fees for deposits and withdrawals through KCB Mobile Banking.
FreeFreeKES 10KES 10Not recordedInstant
Visa Credit CardCredit CardInterest rates and fees apply as per the cardholder agreement.Free6%Not recordedNot recordedNot recorded9 days
SWIFT TransferWire Transfer
Additional charges may apply depending on correspondent banks involved.
KES 2000KES 2000Not recordedNot recordedNot recorded4 days
Cash DepositBank TransferNo fees for cash deposits.FreeFreeNot recordedNot recordedNot recordedInstant
Standing OrderBank TransferFees apply for setting up and processing standing orders.KES 265KES 160Not recordedNot recordedNot recordedday
Safe CustodyOtherFees vary based on the size of the item lodged.KES 1280KES 1280Not recordedNot recordedNot recordedhour
Cash HandlingOtherCommission applies to cash deposits exceeding 500,000 KES.0.2%0.2%KES 500,000Not recordedNot recordedhour
Coin DepositBank TransferDepositing coins per bag for more than 100 coins incurs fee.KES 0.5KES 0.5Not recordedNot recordedNot recordedInstant
Fees, limits and processing times as published by KCB, recorded by Wikilix.
Websites

Global Domains

8 domains on record. All active and served over HTTPS.

8 domains
  • kcbgroup.comActiveHTTPS
  • foundation.kcbgroup.comActiveHTTPS
  • onlinebanking.kcbgroup.com/netteller-warActiveHTTPS
  • ke.kcbgroup.comActiveHTTPS
  • ug.kcbgroup.comActiveHTTPS
  • tz.kcbgroup.comActiveHTTPS
Show 2 more
  • ss.kcbgroup.comActiveHTTPS
  • insurance.kcbgroup.comActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the KCB brand.

1 entity
  • KCB GROUP LIMITEDActiveHong Kong
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about KCB

Most Popular Questions
The highest leverage at KCB Group Limited varies by firm and is not explicitly stated.
KCB Group Limited offers customer support via phone, live chat during business hours, and email. Support is available in English, and the broker maintains active social media profiles for additional contact and updates.
According to the provided data, KCB Group Limited does not charge commissions on trades. Specific details about spreads, leverage, and trading platforms are not specified in the provided context.
KCB Group Limited supports various funding methods including bank transfers, ATM withdrawals, mobile banking, Visa credit cards, SWIFT transfers, and cash deposits. Deposit fees are generally zero except for SWIFT transfers and some other services, while withdrawal fees vary depending on the method used.
KCB Group Limited is regulated by The Capital Markets Authority (CMA) of Kenya, an onshore government regulator. The broker holds an Online Forex Broker licence and complies with local laws. Investor funds are protected by the Investor Compensation Fund, which covers up to KSh 50,000 per investor.
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