Review summary
KJ Glovice FX Limited is a brokerage entity registered in Malaysia, operating in the market for between five to ten years. The firm's business scope has been identified as highly suspicious. Crucially, it holds no valid licenses from major financial regulatory authorities such as the FCA, ASIC, or CySEC. An LFSA (Labuan Financial Services Authority) license with the number MB/21/0079 is listed under 'Other' categories, but this authorization does not constitute primary oversight for retail forex trading and offers significantly weaker client protections. The broker's overall WikiFX Score is 1.53 out of 10, reflecting an exceptionally low rating. This unregulated status presents a fundamental risk, as client funds are not protected by segregation or compensation schemes typically mandated by top-tier regulators. Without verifiable regulation, traders have no formal recourse in the event of disputes or insolvency. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-20)
worldword
Malaysia
Hello everyone, quick share on my recent encounter with KJ Glovice FX. Was a bit hesitant initially, but I decided to take the plunge. Their user interface is quite intuitive which made navigating through various options and executing trades smoother. Transparency and usability surely seem to be the order of the day with them. However, like every platform, it has its learning curve, but once crossed, it's quite a breeze. If you're scouting for a new trading partner, KJ Glovice FX could be a potential candidate to explore.
Positive
sicong
South Africa
My recent endeavor into the trading world led me to a broker all the way in Labuan, Malaysia, specifically designed for the big fishes in the scene – the institutional clients. A shout out to their risk management - that certainly eased my initial fears. However, their non-transparent trading conditions did give me pause. That being said, they've got phone and email support ready for any rough patches. So if you're comfortable navigating through the hazy conditions, this might be the ride for you!
Neutral
Zom
Argentina
Until now, I can say that it is a broker with attractive conditions, with both advantages and disadvantages. For example, trading conditions are attractive, but customer support is not available 24/7. Multiple instruments are also easily accessible.
Positive
FX1042716768
Tunisia
Very impressive trading services are rendered by this broker. It has the lowest spreads I have ever seen and commendable customer online support. They also offer a wide variety of assets and fast execution, and the most important is that they support mt4!
Positive
FX1028855272
Australia
As a forex broker, this platform does not impress me much, spreads, commissions not specified, lacking of account description, it just cannot arise my interest… My advice is you can find someone better.
Neutral