The minimum amount required to open a live account with Caveo Brokerage Company is $250.
You could transfer via bank transfer
- or directly deposit into our bank account.
- Credit cards:
- Kuwaiti clients could use their KNET card for funding,
- Saudi clients could deposit in SAR,
- and Egyptian clients could deposit in EGP
Bank account details
- Dollar account:
Name of the bank: United National Bank Fahad Al-Salem Branch, Fahad al-Salem, Block 15th Fahad Al-Salem Street – Kuwait
Beneficiary Account Number (Caveo): 44015171 Beneficiary Name: Caveo Brokerage Co
Beneficiary Address: 129 Dasman, P.O.b: 15452
Swift code: BKMEKWKW
IBAN: KW58 BKME 0000 0000 0044 0151 71
- Account for deposit in KD:
Bank Name: National Bank United Bank Address: United National Bank, Fahad Al-Salem Branch, Fahad Al-Salem, Block 15th, Fahad Al-Salem Street, Kuwait
Beneficiary Account Number (Caveo): 44015161
Beneficiary name: Caveo Brokerage Company
Beneficiary address: 129 Dasman, POB: 15452
Swift code: BKMEKWKW
IBAN: KW37 BKME 0000 0000 0044 0151 61
Yes, but we will only accept them if your full name is on the card
The daily credit card limit to fund your account is $9,885
Wait for 24 hours before funding your account again via credit card, use another credit card of the same name, or directly wire transfer from your bank account.
Unfortunately, this cannot be done as switching between different accounts may have legal implications
There are no additional charges when transferring to us.
Visit the following link to see the application required, or contact us if you do not find it. Link: Account Forms
Yes, of course. Use this link and fill out the form whenever you want to modify your leverage or account information details: link: Account Forms
To withdraw from your account, fill out the withdrawal form and specify the amount to be withdrawn and your bank account’s information
To download the form: account forms
Withdrawal costs do not exceed $50 per time, depending on the bank charges in the country to which the transfer is made
Yes, but we recommend you not to do that, because a margin call may pose a risk to your account.
Send us your account number to find out whether or not it is active.
Certainly, by the trading room service Caveo provides to its clients
A: Elite Account: spreads start from EUR 1.4 bps
B: Prime Account: spreads start from EUR 0.8 bps.
Click on the following link to read more about the different account types.
Send any file format that suits you.</
Thank you for joining us. Contact us to find out more.
Yes, you can employ hedging in your trading account. Hedging is when, for instance, you assume both positions (buying and selling) and with the same contract size in a foreign currency, hence eliminating risk
You can trade Forex, precious metals, power indicators, US stocks and indices, European stocks, and cryptocurrencies.
Click on this link to download trading platforms for any operating system:
Download trading platforms