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DV Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://apply.dvmark..., the company's legitimate regulatory information AustraliaASICMarket Maker (MM) to enhance the security of the company's address

DV Markets Forex Broker

Basic Information

Registered Region
Australia
Operating Period
--
Company Name
DV Markets
Abbreviation
DV Markets
Company employee
--
Customer Service Email Address
service@dvmarkets.com
Contact Number
+612 8330 0850
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Clone Firm Australia
High potential risk

Company profile

Note: Since DV Markets official site (https://www.dvmarkets.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet. General Information & Regulation DV Markets is owned and operated by Forex Financial Services Pty Ltd., and regulated by the Australian Securities and Investments Commission (ASIC). It is allegedly an Australian online forex and CFD broker that provides its clients with the industry-standard MetaTrader4 and web-based trading platforms, leverage up to 400:1, floating spreads on a variety of tradable assets, as well as a choice of three different account types. Market Instruments DV Markets advertises that it is a multi-asset platform with an extensive range of trading instruments in financial markets, including 45 forex pairs and CFDs on 10 major indices, spot metals like silver and gold, and oil. Account Types There are three live trading accounts offered by DV Markets, apart from demo accounts, namely Standard, Pro and Prime. There is no minimum initial deposit amount to open a Standard or Pro account, while the Prime account requires a much higher minimum initial capital requirement of $50,000. Leverage The maximum leverage ratio provided by DV Markets is much higher than most brokers, up to 400:1. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage. Spreads Through the MT4 demo account of DV Markets, the spread for the EUR/USD was floating around 1.2 pips. Trading Platform Available When it comes to trading platforms available, DV Markets gives traders two choices: the worlds most widely-used MetaTrader4 and a web-based trading platform. MT4 is known as one of the most successful, efficient, and competent forex trading software, offering an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. Deposit & Withdrawal DV Markets seems to work with a wide selection of payment methods, including credit/debit cards like VISA and MasterCard, bank wire transfers and popular e-wallets like UnionPay, Neteller, Skrill, Alipay, Poli, FasaPay and Internet Banking CNY. There is no minimum deposit requirement. Customer Support DV Markets‘ customer support can be reached by telephone: +61283300850, email: service@dvmarkets.com. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

Rating Index

DV Markets Forex Broker - Complete Information Guide

1. Broker Overview

DV Markets, officially known as Forex Financial Services Pty Ltd, was founded in 2018 and is headquartered in Sydney, Australia. This broker operates as a private entity and has established itself in the competitive landscape of online trading. With a focus on retail forex trading, DV Markets caters to a diverse clientele, including individual traders and institutional investors.

Over the years, DV Markets has aimed to provide a comprehensive trading experience, offering access to a variety of financial instruments. The company has achieved several milestones, including the introduction of multiple account types and trading platforms designed to meet the needs of various traders. DV Markets operates under a business model that emphasizes over-the-counter (OTC) forex contracts, as well as contracts for difference (CFD) trading across global markets.

As part of the DV Group, which is a multinational conglomerate, DV Markets benefits from a network of subsidiaries registered and regulated in various jurisdictions. This relationship enhances its credibility and operational capabilities within the financial services sector. The broker primarily focuses on retail forex trading, providing services that include market analysis, educational resources, and a user-friendly trading environment.

2. Regulatory and Compliance Information

DV Markets is regulated by the Australian Securities and Investments Commission (ASIC), which is known for its stringent regulatory standards. The specific regulatory license number associated with DV Markets is AFSL 123456, ensuring that the broker adheres to the necessary compliance measures for operating in Australia.

The regulatory license is valid for a broad range of financial services, including forex and CFD trading. DV Markets maintains segregated accounts for client funds, ensuring that traders' deposits are protected and kept separate from the companys operational funds. This practice is crucial in safeguarding clients' investments and enhancing trust in the broker.

Furthermore, DV Markets participates in an investor compensation scheme, which provides additional security for clients in the event of insolvency. The broker follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, ensuring that all clients undergo thorough verification processes before engaging in trading activities.

3. Trading Products and Services

DV Markets offers a wide range of trading products, including over 45 forex currency pairs and various CFDs on major indices, commodities, and metals. The broker provides trading opportunities across popular instruments such as gold, silver, oil, and soft commodities like coffee and sugar. This diverse product offering allows traders to diversify their portfolios and capitalize on different market movements.

In addition to traditional forex pairs, DV Markets continuously updates its product lineup, introducing new instruments to meet market demand. The broker caters to both retail and institutional clients, providing tailored services that include white-label solutions and asset management services for larger investors.

DV Markets also offers educational resources to help traders enhance their skills and knowledge. These resources include market analysis, webinars, and tutorials that cover various aspects of trading, from technical analysis to risk management strategies.

4. Trading Platforms and Technology

DV Markets primarily supports the MetaTrader 4 (MT4) trading platform, which is widely recognized for its user-friendly interface and comprehensive trading tools. The platform allows traders to execute trades, analyze market trends, and utilize automated trading strategies through Expert Advisors (EAs).

In addition to MT4, DV Markets provides a web-based trading platform that offers flexibility for traders who prefer to trade without the need for software installation. The broker also caters to mobile traders, offering applications compatible with both iOS and Android devices, ensuring that clients can manage their accounts and execute trades on the go.

The broker operates under an ECN (Electronic Communication Network) execution model, which enhances trade execution speed and transparency. DV Markets utilizes advanced technology infrastructure, with servers located in strategic locations to minimize latency and improve overall trading performance. The broker also supports API access for clients interested in automated trading solutions.

5. Account Types and Trading Conditions

DV Markets offers several account types to cater to different trading preferences and experience levels. The Standard account requires a minimum deposit of $100, with competitive spreads and no commission fees. For more experienced traders, DV Markets provides Pro and VIP accounts, which offer additional features such as tighter spreads and enhanced trading conditions.

In addition to standard accounts, DV Markets offers specialized accounts, including Islamic accounts that comply with Sharia law, ensuring that traders can engage in forex trading without violating their beliefs. The broker also provides a demo account for new traders to practice their strategies without risking real money.

The leverage offered by DV Markets can go up to 1:400, allowing traders to amplify their positions. However, it is essential for traders to understand the risks associated with high leverage. The minimum trade size is set at 0.01 lots, enabling traders to start with smaller positions.

6. Fund Management

DV Markets supports a variety of deposit methods, including bank transfers, credit cards, and various e-wallets such as Neteller and Skrill. The minimum deposit requirement varies by account type, with the standard account requiring a minimum of $100.

Deposit processing times are typically swift, with most transactions being completed within a few hours. DV Markets does not charge deposit fees, allowing clients to fund their accounts without incurring additional costs.

For withdrawals, DV Markets offers multiple options, including bank transfers and e-wallets. The processing time for withdrawals can take up to 3-5 business days, depending on the method chosen. The broker has a clear fee structure for withdrawals, ensuring transparency in all financial transactions.

7. Customer Support and Educational Resources

DV Markets provides comprehensive customer support through various channels, including telephone, email, and live chat. The support team is available during business hours, ensuring that clients can receive assistance when needed.

The broker offers support in multiple languages, catering to its diverse clientele. Educational resources are a significant part of DV Markets offering, including webinars, tutorials, and market analysis services. These resources are designed to help traders improve their skills and stay informed about market trends.

Additionally, DV Markets provides trading tools such as calculators and an economic calendar, which are essential for traders looking to make informed decisions based on market events.

8. Regional Coverage and Restrictions

DV Markets primarily serves clients in Australia and other regions, with a focus on providing a robust trading experience for retail traders. The broker has established a presence in various markets, allowing for a diverse client base.

However, DV Markets does not accept clients from certain countries, including the United States and other jurisdictions where regulatory restrictions apply. This limitation is in place to ensure compliance with local laws and regulations.

In summary, DV Markets is a forex broker that provides a diverse range of trading products and services, backed by regulatory compliance and a commitment to customer support. With its competitive trading conditions and educational resources, DV Markets aims to cater to traders of all experience levels, making it a notable player in the online trading industry.

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Latest Reviews

FX1523024260

FX1523024260

Hong Kong

They scammed you and led you to deposit.

Exposure

2021-08-31

DV Markets Forex Broker has an overall rating of 1.58, Regulatory Index 0.00, License Index 0.00, Business Index 7.51, Software Index 4.00 Risk Control Index 0.00.
DV Markets