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KCM Trade vs FxPro: Which Broker is Better?

Are you having difficulty deciding between KCM Trade and FxPro for your trading strategy? We’ve conducted an in-depth comparison covering safety and licenses, trading conditions, including fees, trading platforms, available instruments, deposit and withdrawal conditions, and all the crucial details to help you make an informed decision.

General Info 

KCM Trade FxPro
Website  kcmtrade.comfxpro.com
Regulation ASIC
FSA
CySEC
FSCA
Established  2016 2006
Min Deposit  $20 $100
Max Leverage  1:10001:30 | 1:200
Payment Methods Credit card
Debit card
Skrill
Vnpay
Sure pay
Neteller
Usdt
Credit card
debit card
neteller
PayPal
Skrill
Assets Forex, Precious Metals, Index, Energy, Stock CFDsForex, Commodities, Indices, Shares/Stocks, Cryptocurrencies
Demo Account AvailableAvailable

Regulation 

Both KCM Trade and FxPro boast top-tier licenses and regulatory compliance across multiple jurisdictions. However, KCM Trade holds a distinct advantage with its possession of a top-tier license in Australia. Moreover, KCM Trade Vietnam offers extra protection via the auditing services of BDO, a leading international accounting firm, to ensure that client funds are always kept separate from the company capital.

KCM Trade or FxPro Regulation?

Both brokers are tightly regulated; however, KCM Trade offers more protection and safety measures in Vietnam. Besides holding a top-tier license from ASIC, the broker also offers extra protection, making it a better choice in the region.

Trading Platforms and Tools Comparison 

KCM TradeFxPro
MT4 ✔️✔️
MT5✔️✔️
WebTrader ✔️
Mobile App ✔️✔️
EAs ✔️✔️
Stop Loss ✔️✔️
Copy Trading ✔️✔️

KCM Trade vs FxPro Broker Types

Broker typesSTP
ECN
Market Making
ECN
STP
NDD

Both brokers operate on an ECN and STP model, which is advantageous for price transparency and efficiency in executing trades. This setup is particularly beneficial for automated trading and accommodates a wide range of strategies, making it suitable for both retail and institutional traders.

Account Types

KCM Trade provides two primary account options to its Vietnamese clientele: the MT5 Low Spread Account and the MT4 Low Spread Account. These accounts boast minimal spreads, starting at 0.6 pips, and allow deposits starting at just $20. On the other hand, FxPro presents a variety of account choices, among which are the SWAP Free Account, MAM, and PAMM accounts. However, the minimum deposit to start trading with FxPro is $100.

KCM Trade or FxPro accounts?

Both brokers stand out for their offerings when it comes to account types. We found that with KCM Trade, opening an account is an easy and straightforward process. Also, for traders from Vietnam, clients get a deposit bonus upon opening an account, which is a great advantage.

KCM Trade vs FxPro Instruments

KCM TradeFxPro
Forex✔️✔️
Indices✔️✔️
Commodities✔️✔️
Shares✔️✔️

While both KCM Trade and FxPro offer a wide selection of trading instruments that cater to diverse trading needs, KCM Trade distinguishes itself by offering energy CFDs as part of its portfolio. This addition allows traders to access and capitalize on opportunities in the energy market, providing them with more options and greater flexibility in their trading strategies.

KCM Trade or FxPro Instruments?

However, KCM Trade takes it a step further by granting access to energy CFDs, which allow traders to engage in the energy market and potentially benefit from fluctuations in this sector. This unique offering sets KCM Trade apart and adds more depth to its available trading instruments.

Fees and Commissions

KCM TradeFxPro
Inactivity Fee/month0 $15 $
Deposit fee0 $0 $
Withdrawal fee0 $0 $
Avg. EUR/USD standard1.2 pips0.9 pips
Gold3.51619

What are Deposit and Withdrawal Methods?

KCM TradeFxPro
Credit card
Debit card
Skrill
Vnpay 
Sure pay 
Neteller 
Usdt  
Credit card
debit card
Neteller
PayPal
Skrill

KCM Trade caters to Vietnamese traders with an extensive selection of payment methods tailored to local preferences, ensuring quick and seamless withdrawals and deposits, including credit and debit cards, Skrill, VnPay, SurePay, Neteller, and USDT. Meanwhile, FxPro supports payments via cards, bank transfers, and Skrill. Both brokers facilitate swift money transfers and impose no extra fees for deposits or withdrawals.

KCM Trade or FxPro Funding Methods?

Looking into the deposits and withdrawals of both of the brokers, it was evident that KCM Trade had more funding options in Vietnam, enabling traders to choose the most convenient and optimal one for them. Generally, when choosing a broker, it is essential to pay attention to their available deposit and withdrawal methods in their specific region. This is why KCM Trade for Vietnamese clients is a better option.

Customer Support  

Both KCM Trade and FxPro prioritize a client-centric approach, which complements their strong trading offerings. They offer customer support through multiple channels, including live chat, phone, and email.

KCM Trade or FxPro Customer Support?

We found that both brokers are client-oriented. However, through our research and own experience, it is safe to state that KCM Trade places a strong emphasis on a client-centric approach, which aligns well with their comprehensive and high-quality trading services. They provide extensive customer support through multiple channels, ensuring clients can easily access assistance and resolve any issues or concerns.

Conclusion on KCM Trade vs FxPro

After thoroughly comparing KCM Trade and FxPro, it is evident that both brokers are reputable and trustworthy, boasting years of experience and strong regulatory oversight. While trading costs are almost similar between the two, KCM Trade holds an advantage with lower fees, diverse trading conditions, and the inclusion of copy trading. Besides, the wide choice of deposit and withdrawal methods tailored specifically for clients from Vietnam ensures seamless and instant processing of funds. Therefore, based on our analysis, our final recommendation leans towards KCM Trade for its favorable trading conditions and range of offerings.

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