Website URL: https://cvmarkets.com/
Deposit Methods: Credit Cards, Bank Wire, e-Wallets
Minimum Deposit: $250
Free Demo Account: no
Types of Assets: CFDs, Forex, Commodities, Cryptocurrencies
The presence of the license is one of the most questionable things in the Forex market. They show which regulatory body controls the activities of a specific broker and give you a certain dose of security. But what does that mean? Can you rely on good conditions just because the broker has a license? Absolutely not.
There are so many things brokers can offer that can compensate for the license. Thus, traders need to understand that security, trading conditions and brokers’ treatment towards its clients are much more important than regulation.
As a perfect example, we can take CV Markets. This is a Forex broker that operates without a license, but it provides perfect conditions that cannot be found everywhere. First of all, after every big move on this website comes to a security check. So, your funds are safe and protected. Aside from that, CV Markets has an SSL certificate which guarantees your credit card details are secured.
Aside from all of that, this broker offers excellent trading conditions but we will discuss that in the rest of this CV Markets review. For now, it’s important to know that even without a license, this broker does a better job than many others.
One of the main benefits of a good Forex broker is a legitimate and reliable trading platform. The last thing you want to do is waste your time and effort with a broker that offers inefficient solutions. Usually, a trading platform gives you access to various tools that can make your trading easier. Those tools are different from one broker to another, and it’s safe to say that CV Markets has every single one that can be beneficial to you.
Before we even begin with explanations, the best thing to do is tell you what we expect to see once we visit the trading platform page. First of all, the accuracy of Forex quotes. User-friendly interface comes next and with that, we want to see different tools and an option to navigate your account without leaving that page. Of course, that’s not the end of our list, but if a broker provides all of that, it’s a good start.
CV Markets offers a web-based platform that’s a bit different from what we are used to. Here, you cannot expect widely-spread solutions. Instead, this broker gives you an option to experience trading that’s one of a kind.
This is a fully customisable platform that gives you a possibility to adjust everything according to your preferences. Visually, you can make it look perfect and change all details starting from the chart. According to our experience, the platform is not too complicated. It’s created for both beginners and professionals and you won’t have a hard time trying to find information.
The best thing of all, on the left side of the screen, is a tab for account management. There is no need to leave the page. Instead, you can do everything there — contact support, place a deposit, make a withdrawal, etc. So, this is a perfectly optimised platform that’s very easy to use.
Since our excitement is huge, we wanted to share one last thing with you. CV Markes made this platform visible to everyone. Even if you do not have an account, there is an option to visit the page and adjust it. This is a perfect way to familiarize yourself with it and once you deposit money, you will know every inch of it, and you won’t waste time trying to find specific information. So, the only thing we can say — job well done!
Remember how we said CV Markets offers excellent trading conditions that totally beat the fact it doesn’t have a license? Well, it’s time to tell you all about those conditions and why we think they are perfect.
First of all, there are six trading accounts and if you are in this world long enough, you understand how big this selection is. This broker created options for everyone. If you are a beginner, there is a Self-Manage account that allows you to deposit €250 and in return, you will get market reviews and leverage up to 1:100. If, on the other hand, you have experience, but you are still not sure whether or not you want to deposit a lot of money, the Basic account is perfect for you. Minimum deposit requirement is €5,000 and within it, you will get a dedicated senior account manager, trading bonus, improved spreads, leverage up to 1:200 and special venture promotions.
Besides that, there are Gold, Platinum, Diamond accounts. For these accounts, you have to place an initial deposit from €10,000 to €50,000+ and you can count on VIP events, priority withdrawals, private analyst sessions, risk management planning and financial planning. This is a full package and we believe there is nothing more to ask for. Lastly, if you like to have unique conditions that will fit your trading appetite, you can upgrade your account to Libra. This is an invitation-only account, that will be custom-tailored just for you. Apparently, CV Markets thinks about every client and that’s what makes this broker different.
Deposits and Withdrawals
Deposits at CV Markets can be placed via Credit Card, Bank Wire and eWallet. You can use the method you prefer but the most important thing is to choose the same method when you request a withdrawal. Otherwise, your request will be denied. This is just one safety measurement, so we cannot complain about it. Especially when we have in mind that deposits are instant, and you won’t pay fees.
When it comes to withdrawals, the whole procedure is very simple. You have to log in to your account, open the withdrawal page and make a request. Of course, there is an Identity Verification process which means you have to send them some documents to prove your identity. If that goes well, you can expect to see money on your bank account within seven to ten business days (depending on the account you chose). Overall, this is a very fast process that’s always done on time.
Customer support is one of the most important things in Forex. That’s how we can separate good brokers from bad ones. If a broker can recognise the needs of its clients and respond to them in the best possible way, we can recommend it to others.
CV Markets offers four contact methods and according to our experience, they are responsive no matter how you reach out to them. If you want an immediate answer, use the Live Chat option. Someone will welcome you the same moment you send the request.
If you prefer to discuss things over the phone, there are two phone lines available. One is for the United Kingdom and the other one is for Australia. Also, there is an email and online form option. If your question is a bit longer, we suggest you use one of those two options.
Needless to say, we tested the responsiveness of customer support and made sure they are fast enough to provide clients with an answer anytime they need it. The only thing we can say is that CV Markets customer support fulfilled all our expectations and if you need assistance at some point, they will be there for you.
The last thing we want to talk about in this CV Markets review is education. If you want to make any success, a broker has to provide educational material that will be helpful in your journey. We are talking about eBooks, Glossary, video lessons and personalised coaching and all of that is available at CV Markets. Of course, different accounts bring different benefits, but everyone can count on completely free eBooks. If you want to learn new things, different books cover Terms, Basic Technical Analysis, Strategies (beginners and advanced ones), Capital Management, etc.
Everything you have to know will be provided and if you are eager to learn, CV Markets is an excellent solution.
If you find a proper broker, you can consider that half of your job is over. Trading with peace on your mind is something that you have to experience, and we believe that CV Markets can provide you with that. So, if you decide to open an account here, you have our recommendation.