CVS Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.cm-sc.com/account/index_4.aspx, the company's legitimate regulatory information Hong KongSFCDealing in futures contracts, to enhance the security of the company's address 24/F, China Taiping Tower,8 Sunning Road, Causeway Bay, Hong Kong.
CVS Forex Broker
Basic information
Hong Kong
10-15 years Regulated in Hong Kong Dealing in futures contracts Suspicious Scope of BusinessCompany profile
Founded in 2020, CVS (China Vered Securities), is a regulated financial institution based in Hong Kong. It provides services such as Investment Banking and Securities Finance Business via its China Vered Securities platform.
Pros and Cons
| Pros | Cons |
| Regulated by SFC | Demo accounts unavailable |
| Various services | |
| Comprehensive contact channels | |
| Multiple supported devices for trading platforms |
Is CVS Legit?
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
| The Securities and Futures Commission (SFC) | China Vered Securities Limited | Dealing in futures contracts | BBK541 |
Services
CVS provides Investment Banking and Securities Finance Business for clients.
CVS Fees
CVS implements a commission fee about 0.25% of transaction amount (Minimum HK$100 per transaction). There are also other fees that you can find on the screenshot below.
Trading Platform
CVS offers China Vered Securities available through the Apple Trading app, Apple Security Code App, Android Trading App, Android Security Code APp, and Windows Download.
Deposit and Withdrawal
Deposit
| Currency | Bank | Account Name | Account Number |
| HKD | Bank of China | China Vered Securities Limited | 012-875-0-051719-5 |
| USD | Bank of China | China Vered Securities Limited | 012-875-0-804435-0 |
| RMB | Bank of China | China Vered Securities Limited | 012-875-0-604099-6 |
Withdrawal
Clients should give their withdrawal instructions before the daily cut-off time (Trading day on or before 12:00 pm) via Mobile APP or Sales and Customers Services: (852) 38993958.
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