We offer FIX API connection to our large private clients and institutional clients. The minimum account balance required is 25,000$ and the minimum monthly trading volume required is 500 lots. There are no other requirements or fees. We are not offering a demo version. If a client trades 500 lots per month, then we do not charge any fees for using it. However, if a client does not reach 500 lots, then a 1,000$ fee applies.
You can set Stop Loss and Take Profit orders with no limits on all account types. SL and TP orders will still be active, even if your computer is switched off. The minimum Trailing Stop level is 1.5 pips or 15 points. It is possible to set only 1 trailing stop per order. You need to have the MT4 platform open to keep the trailing stop active.
KCM is a trading name of Kanak Capital Markets LLC, First St. Vincent Bank Ltd Building, James Street, Kingstown, St Vincent and The Grenadines
We offer floating spreads for all account types – Classic, ECN Pro, and VIP. The Classic account offers variable spreads, starting from 1.6 pips with no commissions. Both ECN Pro and VIP accounts offer variable spreads, starting from 0.0 pips with low commissions.
KCM provides you low spreads (starting from 0.0 pips) and ultra-fast execution speed of 0.3 seconds on average. We are a STP broker, which means that 100% of the trades go directly to liquidity providers, and we have no conflict of interest with our clients. Skrill, Neteller, and credit card deposits are processed instantly while withdrawals are submitted within one working day. We are proud that we have no restrictions on trading, and no requotes. We also allow scalping, hedging, arbitrage, EAs and algorithms.
FX trading is available 24 hours a day, 5 days a week. You can trade from Monday 00:00 to Friday 24:00 (Server time, GMT + 2). For Forex, we have specific trading hours listed here.
We don’t have a dealing desk because we are an STP broker and all our procedures are automated. We have no conflict of interest with our clients as 100% of the orders are cleared with liquidity providers.
At KCM, slippage can occur during big news announcements, depending on the market conditions and volatility. There can be both positive and negative slippage.
KCM is one of the few STP brokers that doesn’t have any requotes.
We offer one of the most popular and easy-to-use platforms,MT4 which is available for Windows, OS X, iOS and Android.
Yes, we offer traders on all our accounts with a swap-free option