KAB Review 2024

Contributor Image
Written By
Contributor Image
Written By
Tobias Robinson
Tobias is a partner at DayTrading.com, director of a UK limited company and active trader. He has over 25 years of experience in the financial industry and contributed via CySec to the regulatory response to digital options and CFD trading in Europe. Toby’s expertise and dedication to financial education make him a trusted voice in the industry, including a BBC investigation into digital options.
Contributor Image
Fact Checked By
Contributor Image
Fact Checked By
William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.

2 / 5
KAB is #109 in our CFD broker rankings.

KAB offers 24/5 online trading on the MT5 platform and app. There are no restrictions on trading strategies with flexible leverage.

MT5, AutoChartist
CFDs, Metals, Energies, Shares, Indices
Visa, Mastercard, Debit Card, Credit Card

Forex Trading

KAB offers forex trading with flexible leverage on the MT5 platform.

Stock Trading

Trade US, EU and UK shares from desktop and mobile devices.

CFD Trading

Highly leveraged CFDs are available on forex, commodities and stocks.

✓ Pros

  • Demo account
  • Low minimum deposit

✗ Cons

  • No copy trading
  • No MT4 integration
  • Few payment methods

KAB Kuwait Group is a CMA-regulated broker based in the Middle East. It facilitates retail trading on global financial markets and investments including forex, indices and commodities. In this review, we deep dive into KAB’s services, from account types to trading platforms, instruments, and regulations. Find out whether you should register with KAB and start trading.

Key Takeaways

  • KAB is a good option for traders based in the Middle East with low-cost local payment solutions and multiple account tiers
  • KAB is not a good option for global traders due to the lack of internationally accepted deposit options and customer support

Company Details

KAB was established in 2002, and was named after its three founders: KC Chan, Alan Chan and Billie Lam. The company operates across Europe, Asia and the Middle East and has offices in Kuwait and Dubai.

With over 20 years of industry experience behind them, KAB has become a well-established online brokerage. Today, it offers a sleek 360 trading experience, boasting a broad range of tradeable assets, the advanced MT5 platform and a suite of additional tools and resources.

KAB is part of the KAB Kuwait Group. The Group is regulated and licensed by the Capital Markets Authority of Kuwait and the country’s Chamber of Commerce and Industry.

Trading Platform

KAB offers clients one of the industry’s leading trading platforms, MetaTrader 5 (MT5).

MetaTrader 5 is the successor to the hugely popular MetaTrader 4. The terminal is a good fit for experienced traders looking to conduct in-depth technical analysis.

On the downside, those new to trading may find the platform challenging to get to grips with. Alternative brokers often provide a beginner-friendly web-based platform with straightforward trading features.

MT5 functionality includes:

Trading on KAB platform
MetaTrader 5

MT5 is free to download onto any device. A download link can be found on the KAB website under the Platforms tab. Alternatively, the software can be downloaded directly from the Apple App Store or Google Play. MT5 is compatible with macOS and Windows devices.

How To Place A Trade

Once you have logged into your MT5 account, placing a trade can be done in a few simple steps:

Products & Markets

When we used KAB, there were 100+ instruments to choose from across five asset classes:

Whilst a relatively decent selection of trading assets, KAB does not offer cryptocurrency trading. This is a drawback vs competitors which are increasingly providing opportunities on digital assets.

Mobile App Review

KAB does not offer a proprietary trading app. This means the broker does not rank highly for mobile day trading compared to alternative firms.

However, clients can trade on the go with the MT5 mobile app. Simply download the application from the Apple App or Google Play and trade anytime, anywhere. Interactive charts, instant and pending orders, plus automated trading capabilities are available on the mobile and tablet app.

Deposits & Withdrawals

The payment methods supported by KAB are heavily tailored to Kuwait locals or residents of the Middle East. International clients may find them limited.


To add funds to your trading account, the broker offers the following options:

Whilst there are some good options for local residents, global traders will be deterred by the lack of internationally accepted payment methods. This makes trading with KAB relatively inconvenient vs alternative firms.


To make a withdrawal, clients will need to complete an online form. The form requests some basic client information as well as the total sum you would like to withdraw and bank details.

Once complete, it will need to be sent to Backoffice@kabkg.com for processing.

Withdrawals are processed within 48 hours. All charges imposed by a bank or third party are transferred to the customer.

KAB also offers internal transfers for clients that wish to move funds between live trading accounts. To process an internal transfer request, clients are required to fill out a transfer request form. And once complete, send it to Accounts@kabkg.com.

Leverage Review

The broker offers leverage up to 1:400. This is much higher than many retail brokers, so will appeal to investors looking to increase their positions and purchasing power.

Leverage essentially gives the trader the opportunity to earn greater sums by boosting their initial capital investment. However, whilst leverage can increase profits it can also amplify losses. As a result, it should be used with a suitable risk management strategy.

Account Types

KAB offers three account types that cater to a range of experience levels:

Opening an account at KAB broker

KAB Demo Account

Our experts found that the brokerage offers prospective clients the chance to try before they buy with the demo account.

The paper trading account is credited with $100,000 in virtual funds and supports the full range of trading assets and tools. Clients can trade real live prices in a simulated trading environment. All strategies are allowed.

The demo account is available for 30 days.

Deals & Promotions

KAB does not offer any deals or promotional offers.

This is another drawback vs other popular brokers which typically offer welcome deposit bonuses and loyalty schemes for active traders.

Additional Features

KAB has a News Centre where they offer a number of resources including an economic calendar and chart analysis tools. There is also an insights tab where you can view the latest industry updates.

Economic calendar on KAB broker
Economic Calendar

For those interested in commodity trading, there are also weekly oil and gas inventory reports to review.

Further education opportunities can be accessed through the Continuous Training Programs. Programs are free and cater to a range of experience levels.

In terms of additional tools and features, KAB offers a fairly average selection. Useful extras that can be found at competitors and which are particularly useful for newer traders include copy trading.

Customer Service

The customer support team can be reached at:

There is also the option to submit a ticket to the team. The enquiry form can be found under the ‘Contact Us’ tab on the broker’s website.

And finally, there is a live chat feature which offers round-the-clock support.

KAB are active on social media. Follow them on Facebook, LinkedIn, Twitter or Instagram for the latest updates.


The KAB Kuwait Group is regulated and licensed by the Capital Markets Authority of Kuwait under license number AP/ 2017/ 004 and Commercial registration number AP/ 2000/ 0062.

The group is also licensed by the Kuwait Chamber of Commerce and Industry under licence number MM/673/200 and Commercial registration number 82259.

Safety & Security

All client funds are held in segregated accounts. However, there is very little information regarding any additional security measures in place.

Whilst it is reassuring that KAB is regulated, we would expect to see more information from the broker in regard to security processes. As it stands, the lack of transparency lends itself to the risk of weak safety protocols, unexpected fees and higher spreads.

KAB Verdict

KAB is an established, regulated broker operating from the Middle East. It offers one of the leading multi-asset platforms, a good range of tradeable assets and a suite of educational resources. For experienced traders that are based locally, KAB could be worth considering.

However, due to limited payment options and acceptance in countries further afield, KAB doesn’t cater to global traders. Instead, see our list of recommended alternatives below.


Is KAB A Good Broker?

KAB is a reputable broker offering a good range of tradeable assets, flexible account options and an advanced trading platform. If you are a trader based in the Middle East, they could be worth considering.

However, traders based in the West will find other firms offer a better range of payment methods, localized customer support, and trading instruments.

How Can I Set Up A KAB Live Account?

To register for a KAB live account, use the ‘Visit’ button above. In the top right corner of the broker’s, you will see an option for Account Creation. You will then be required to enter your contact information as well as some personal details and an overview of your trading knowledge.

Can I Trade Forex With KAB?

Yes, KAB offer seven major currency pairs as well as a thirteen minor pairs. EUR/USD, USD/YEN and EUR/GBP are offered plus many more.

Does KAB Offer MetaTrader 4?

No, KAB does not offer MT4. It does, however, offers its successor, MT5 which offers a range of advanced tools and features. It is available to download for free from the KAB website or the Apple App Store or Google Play.

Does KAB Accept US Clients?

No, KAB does not currently accept clients from the US, UK, Singapore, the Netherlands or Hong Kong.

Top 3 Alternatives to KAB

Compare KAB with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.

    Forex trading involves risk. Losses can exceed deposits.
  2. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.

  3. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.

KAB Comparison Table

Compare KAB With Similar Brokers
KAB IG Interactive Brokers World Forex
Rating 2 4.4 4.3 4
Markets CFDs, Metals, Energies, Shares, Indices CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $0 $0 $1
Minimum Trade 0.01 Lots 0.01 Lots $100 0.01 Lots
Bonus 100% Deposit Bonus
Education No Yes Yes No
Platforms MT5, AutoChartist Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral MT4, MT5
Leverage 1:400 1:30 (Retail), 1:250 (Pro) 1:50 1:1000
Payment Methods 4 6 6 10
Visit Visit Visit Visit
Review IG
Interactive Brokers
World Forex

Compare Trading Instruments

Compare the markets and instruments offered by KAB and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare KAB Trading Instruments
KAB IG Interactive Brokers World Forex
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes No Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes No Yes
Corn No No No No
Crypto No Yes Yes Yes
Futures No Yes Yes No
Options No Yes Yes No
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No Yes Yes No
Spreadbetting No Yes No No
Volatility Index No Yes No No

KAB vs Other Brokers

Compare KAB with any other broker by selecting the other broker below.


Customer Reviews

There are no customer reviews of KAB yet, will you be the first to help fellow traders decide if they should trade with KAB or not?

Submit Your Own Review of KAB

If you have experience trading with KAB please share your personal review of the broker and what you think are strong and weak points. Thank you.

KAB offers 24/5 online trading on the MT5 platform and app. There are no restrictions on trading strategies with flexible leverage.