GVD Markets, established in 2023, operates under the full name GVD Kori MCY Ltd. The company is headquartered in Limassol, Cyprus, at 61 Griva Digeni A & V Court Office/Flat 401, Agios Nikolaos, 3101. As a private entity, GVD Markets primarily serves retail traders and institutional clients in the global forex and CFD markets.
Since its inception, GVD Markets has focused on providing a diverse range of trading opportunities to its clients. The broker has made significant strides in the online trading landscape, emphasizing transparency and competitive trading conditions. One of the key milestones in its development was obtaining licenses from multiple regulatory authorities, which enhances its credibility and operational scope.
GVD Markets operates primarily as a retail forex broker, offering trading services across various asset classes, including forex, indices, metals, energies, and stocks. The company aims to cater to a broad audience, from novice traders to experienced investors, by providing accessible and user-friendly trading solutions.
GVD Markets is regulated by several authorities, ensuring a robust framework for its operations. The primary regulatory body is the Cyprus Securities and Exchange Commission (CySEC), under license number 411/22. Additionally, GVD Markets holds licenses from the Financial Services Commission (FSC) in Mauritius and the Seychelles Financial Services Authority (FSA), which are both offshore regulatory bodies.
The licenses obtained by GVD Markets allow it to operate as a Straight Through Processing (STP) broker, meaning it acts as an intermediary between traders and liquidity providers without intervening in trade execution. This model provides traders with a transparent trading environment.
GVD Markets adheres to strict client fund protection policies, including the segregation of client funds from company funds. It also participates in an investor compensation fund, which offers additional security for clients in the event of insolvency. The broker implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to ensure compliance with international standards.
GVD Markets offers a wide range of trading products, catering to various trading strategies and preferences. The broker provides access to over 50 forex currency pairs, including major, minor, and exotic pairs. In addition to forex, GVD Markets offers Contracts for Difference (CFDs) on indices, commodities, stocks, and energies, including popular assets like gold and oil.
The product portfolio is regularly updated to include new trading instruments, ensuring that traders have access to the latest market opportunities. GVD Markets also focuses on retail trading services, providing a user-friendly platform for individual traders. While institutional services are not explicitly mentioned, the broker's infrastructure supports various trading strategies that could appeal to institutional clients.
GVD Markets supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing traders with advanced tools for market analysis and trade execution. The MT4 platform is known for its user-friendly interface, comprehensive charting tools, and automated trading capabilities through Expert Advisors (EAs).
The broker does not appear to offer a proprietary trading platform, focusing instead on the established MT4 and MT5 platforms to meet client needs. GVD Markets also provides web-based trading solutions and mobile applications compatible with both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go.
In terms of execution model, GVD Markets operates on an STP basis, ensuring quick order execution times, typically monitored to be below 100 milliseconds. The broker's servers are strategically located to enhance connectivity and execution speed, providing a reliable trading environment.
GVD Markets offers several account types designed to meet the needs of different traders. The standard account conditions include a minimum deposit requirement of $10, competitive spreads starting from 0 pips, and no commission fees for trading.
For more experienced traders, GVD Markets may offer advanced account types, although specific details about VIP or professional accounts are not readily available. The broker also supports Islamic accounts, which comply with Sharia law, providing swap-free trading options.
Traders can enjoy leverage ratios of up to 1:2000, depending on the asset class. The minimum trade size and overnight fee policies are not explicitly detailed in the available sources, suggesting that potential clients should verify these details directly with the broker.
GVD Markets supports a variety of deposit methods, including bank transfers, credit cards (Visa and Mastercard), and electronic wallets. The broker has set a minimum deposit requirement of $10 for standard accounts, making it accessible for many traders.
Deposits are processed instantly, and GVD Markets does not charge any fees for deposits. However, withdrawal fees may apply, with specific charges depending on the chosen method. Withdrawal processing times vary, typically taking 1 to 3 business days depending on the method selected.
The broker emphasizes that deposits must be made using accounts in the client's name, ensuring compliance with regulatory standards. It is essential for traders to review the withdrawal policies and any associated fees before initiating transactions.
GVD Markets provides customer support through multiple channels, including email, phone, and online chat. The support team operates from 9:00 AM to 6:00 PM Cyprus local time, Monday to Friday, ensuring assistance during regular business hours.
The broker offers multilingual support, catering to a diverse clientele. GVD Markets also provides a range of educational resources, including webinars, tutorials, and market analysis, aimed at enhancing traders' skills and knowledge. These resources are designed to support both novice and experienced traders in their trading journey.
Additionally, GVD Markets offers various trading tools, such as calculators and economic calendars, to assist traders in making informed decisions. Market analysis services are also available, providing clients with insights and updates on market trends.
GVD Markets primarily serves clients in Europe and other international markets. The broker's regulatory framework allows it to operate in various jurisdictions, although specific regional restrictions may apply.
While GVD Markets aims to provide services globally, there are certain countries where it does not accept clients due to local regulations. It is advisable for potential clients to verify their eligibility based on their country of residence before opening an account.
In summary, GVD Markets is a regulated forex broker that offers a comprehensive range of trading products and services. With a focus on transparency, competitive trading conditions, and robust customer support, GVD Markets aims to cater to the diverse needs of traders worldwide. The broker's commitment to regulatory compliance and client fund protection further enhances its appeal in the competitive forex market.