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Broker review · updated November 2026

KCM Trade Review

A forex and CFD broker regulated by the FSC (Mauritius) and ASIC (Australia), with MT4, MT5, copy trading, AI trading tools and local support across Asia.

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FSC and ASIC regulated · Since 2016 · 1 million client accounts

About KCM Trade

KCM Trade is the trading brand of Kohle Capital Markets. It started in 2016 as a liquidity provider to institutional clients, opened to retail traders in 2019, and in 2025 launched AI Mentor, an AI trading analysis tool built in-house.

0.6pips

Tight Spreads

Spreads as low as 0.6 pips, for cost-efficient trading across strategies.

1Maccounts

Trusted Worldwide

1 million client accounts, plus more than 80 institutional clients.

96Morders

Proven Execution

96 million orders executed for traders around the world.

300+team

Local Offices

Melbourne, Port Louis, Pretoria, Abuja, Yerevan, Bangkok, Hanoi, Kuala Lumpur, Hong Kong and Taipei City.

One account covers five markets: forex, precious metals, energies and commodities, equity indices and stock CFDs.

Serving Traders Across Asia

Thailand Vietnam Taiwan Laos Malaysia Indonesia Philippines

Learn more about KCM Trade

Regulation

KCM Trade operates through two licensed companies. Which one holds your account depends on where you live.

FSC Mauritius

Kohle Capital Markets Limited, licence no. C117022600. Holds the licence for KCM Trade’s global clients.

ASIC Australia

Kohle Capital Markets Pty Ltd, AFSL 489437. Serves Australian residents under the KCM Trade Plus brand.

View regulatory information

Client Fund Protection

KCM Trade protects client money in layers: segregated client accounts, yearly independent audits and professional indemnity insurance.

Segregated Client Money

Client funds sit in designated accounts at major banks, kept apart from the company’s own money and never used for its own business.

Audited Every Year

The accounts that hold client funds are audited annually by BDO, an international audit firm.

Professional Indemnity Insurance

An extra layer of cover for qualifying claims, held with MUA Ltd for KCM Trade (Mauritius) clients. The Australian company holds its own separate policy.

Ring-Fenced From Creditors

Money in designated client accounts is not available to the company’s general creditors, and automated stop-outs help keep balances from falling below zero.

Read the Client Fund Protection disclosure

Finance Magnates: KCM Trade fund security coverage

Trading Platforms

Trade on MetaTrader, in your browser or on your phone.

MetaTrader 4

The world’s most popular forex platform, with full expert advisor support.

Download MT4

MetaTrader 5

A multi-asset platform with deeper charting, more timeframes and more order types.

Download MT5

WebTerminal

Trade straight from your browser, with nothing to install.

Open WebTerminal

Mobile Apps

KCM Trade apps for iOS and Android, so your account goes where you go.

Copy Trading

KCM Trade Copy lets you follow experienced Master Traders and mirror their trades automatically, in real time.

  • Follow as many traders as you likeCopy one or several Master Traders at once, with no limit.
  • Stay in controlSet your own lot sizes and risk limits, and stop copying at any time.
  • Fast executionCopied orders execute in about 0.25 seconds.
  • Earn as a Master TraderPublish your strategies and earn daily profit-sharing fees from your followers.
  • Start with any account sizeAvailable in the KCM Trade Copy app for iOS and Android.

Explore KCM Trade Copy

AI Trading Tools

Tools that bring analysis and risk awareness into every trading decision.

AI Mentor

Launched in 2025 and built in-house, AI Mentor gives real-time strategy diagnostics with risk awareness built in.

Explore AI Mentor

Signal Centre

Trade ideas from AI and market analysts, each with entry, stop-loss and take-profit levels.

View signals

Market Research

Daily insight and live sessions from KCM Trade’s market analysts.

Awards and Sponsorships

  • Best Forex Trading Platform 2026FX Daily Info
  • Most Reliable CFD Broker 2026 in AfricaWorld Finance
  • No. 8 in the 55Broker Rankings 202655Broker
  • Best Trading Experience Broker 2025Awarded in 2025

KCM Trade also sponsors professional drift and golf, runs a global golf tournament, partners with universities in Australia and is a media partner of Finance Magnates.

KCM Drift Team

Professional drifting with the KCM-sponsored team. Precision, speed and control, just like trading.

Meet the team

KCM Golf Tournament

Meet fellow traders at KCM golf events around the world.

Learn more

Introducing Broker Programme

Refer traders to KCM Trade and earn commission on every trade they make. Joining takes three steps: register an IB account, refer your clients, and earn.

  • Partner PortalTransparent, detailed performance statistics for your referrals.
  • Tools for your clientsTrading tools and signals, market research, AI Mentor and educational resources.
  • Local supportA local customer support team, plus office and offline event support on request.
  • Platforms your clients knowMetaTrader 5 and WebTerminal, on desktop, web and mobile.

Become an IB partner

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Risk warning: Forex and CFD trading involves significant risk of loss. 70-80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money. This page contains affiliate links. ForexR may receive compensation for referrals.