Cvs, formally known as China Vered Securities Limited, is a well-established financial brokerage firm that was founded in 2012. The company's headquarters is located at 24/F, China Taiping Tower, 8 Sunning Road, Causeway Bay, Hong Kong. As a privately held entity, Cvs operates primarily within the forex and CFD trading markets, catering to both retail and institutional clients.
Over the years, Cvs has developed a strong reputation in the financial industry, particularly in Hong Kong, where it is recognized for its regulatory compliance and diverse trading offerings. The company has achieved significant milestones, including obtaining licenses from key regulatory bodies, which has helped it solidify its presence in the competitive forex market.
Cvs operates under a business model that emphasizes retail forex trading and contract for difference (CFD) services. It provides clients with access to a wide range of financial instruments, including currencies, commodities, and indices, allowing them to engage in various trading strategies.
This introduction marks the first mention of Cvs broker, establishing its identity and core business operations.
Cvs is regulated by the Securities and Futures Commission (SFC) of Hong Kong, which oversees the operations of financial service providers in the region. The regulatory number associated with Cvs is BBK 541, which grants the firm permission to engage in futures contracts and related activities.
The license held by Cvs is valid for providing services under the SFCs jurisdiction, ensuring that the firm adheres to strict compliance standards. The company has implemented robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to safeguard against illicit activities and to protect the interests of its clients.
Cvs maintains a client fund segregation policy, ensuring that client funds are kept separate from the company's operational funds. This practice is crucial for maintaining trust and transparency in financial dealings. Furthermore, the firm is not part of any investor compensation fund, which is an important consideration for potential clients.
Overall, Cvs broker demonstrates a commitment to regulatory compliance and client protection, which are essential elements in building a trustworthy trading environment.
Cvs offers a diverse range of trading products, primarily focusing on forex trading. The brokerage provides access to over 50 currency pairs, including major, minor, and exotic currencies. This extensive selection allows traders to implement various strategies and capitalize on market movements.
In addition to forex, Cvs also offers a variety of Contract for Difference (CFD) products, which include:
Cvs continuously updates its product offerings in response to market demand and trends, ensuring that clients have access to the latest trading opportunities. The brokerage provides retail trading services directly to individual clients while also offering tailored solutions for institutional clients.
This section marks the third occurrence of Cvs broker, highlighting its product diversity and commitment to client needs.
Cvs does not currently support MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are popular trading platforms among retail forex traders. Instead, the brokerage offers its own proprietary trading platform, designed to provide a user-friendly experience with advanced trading tools.
The platform is accessible via a web-based interface, allowing traders to execute trades and manage their accounts from any device with internet access. Additionally, Cvs provides mobile applications for both iOS and Android users, ensuring that clients can trade on-the-go.
Cvs utilizes a Market Making execution model, which allows for competitive pricing and fast order execution. The brokerage's servers are strategically located to minimize latency and enhance trading performance. Furthermore, Cvs supports API access, enabling automated trading solutions for clients who prefer algorithmic trading strategies.
Through these technological offerings, Cvs broker aims to provide a seamless trading experience while meeting the varying needs of its clients.
Cvs offers several account types to cater to different trading preferences and levels of experience. The primary account options include:
Cvs also offers a demo account for new traders to practice their strategies without risking real capital. The leverage offered by Cvs varies by product, with forex leverage reaching up to 1:100, allowing traders to control larger positions with a smaller amount of capital.
Overnight fees, also known as swap rates, are applied to positions held beyond the trading day, and these rates vary depending on the asset class. Cvs maintains transparency regarding its trading conditions, providing clients with clear information on all fees and charges.
Cvs supports various deposit methods to facilitate easy funding of trading accounts. Accepted deposit methods include:
The minimum deposit requirement varies by account type, with the standard account requiring a minimum of $500. Deposits are typically processed within 1-3 business days, depending on the method used.
Cvs does not charge any deposit fees; however, clients should be aware of potential fees charged by their payment providers. For withdrawals, clients can choose from similar methods, and withdrawal requests are processed within 1-5 business days, depending on the method selected.
Cvs has implemented a clear withdrawal fee structure, detailing any applicable charges for specific withdrawal methods. This ensures that clients are well-informed about the costs associated with managing their funds.
This section marks the fourth occurrence of Cvs broker, emphasizing its commitment to providing flexible and transparent fund management options.
Cvs places a strong emphasis on customer support, offering multiple channels for clients to reach out for assistance. Support options include:
The customer support team is available during business hours, covering the Hong Kong time zone, and is equipped to assist clients in multiple languages, including English and Mandarin.
In addition to customer support, Cvs provides a range of educational resources to help traders enhance their skills and knowledge. These resources include:
Cvs also offers market analysis services, providing clients with daily insights, news updates, and research reports to help them make informed trading decisions.
Cvs primarily serves clients in Hong Kong and other regions where it holds regulatory approval. The brokerage has established a significant presence in the Asian market, offering localized services tailored to the needs of its clients.
Cvs maintains several regional offices to enhance its service delivery and client support. However, the brokerage does not accept clients from certain jurisdictions, including:
These restrictions are in place to comply with local regulations and ensure that Cvs operates within the legal frameworks of the regions it serves.
In conclusion, Cvs broker stands out as a reputable trading platform that offers a variety of services and products to its clients. With a strong regulatory foundation, diverse trading options, and a commitment to customer support, Cvs continues to be a viable choice for traders looking to navigate the forex and CFD markets.
FX4202706690
Hong Kong
Can’t withdraw funds after depositing. They said that Administration of Foreign Exchange froze my account for no reason.
Exposure
2021-02-02