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GVD Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://dashboard.gv..., the company's legitimate regulatory information CyprusCYSECStraight Through Processing (STP), SeychellesFSARetail Forex License to enhance the security of the company's address 61, Griva Digeni A&V COURT Office/Flat 401 Agios Nikolas , 3101 , Limassol Cyprus

GVD Markets Forex Broker

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
GVD KORIMCY LTD
Abbreviation
GVD Markets
Company employee
--
Customer Service Email Address
cs@gvdmarkets.com
Contact Number
+35725261457
Company Website
Company address
61, Griva Digeni A&V COURT Office/Flat 401 Agios Nikolas , 3101 , Limassol Cyprus
Keywords
2-5 years
Regulated in Cyprus
Regulated in Seychelles
Straight Through Processing (STP)
Retail Forex License
MT4 Full License
MT5 Full License
Global Business

Company profile

GVD Markets Review SummaryFounded2023Registered Country/RegionCyprusRegulationCYSEC, FSC/FSA (Offshore)Market InstrumentsCFDs on forex, indices, metals, energies, stocksDemo Account✅Leverage/Spread/Trading PlatformMT5Min Deposit/Customer Support9:00 to 18:00 Monday - Friday Cyprus local time (EEST or GMT+2 during the summer months and EET or GMT+2 during the winter months)Contact formEmail: gvdcncs@gvdmarkets.comPhone/Fax: +0035725250025Address: 61, Griva Digeni A&V COURT office/Flat 401 Agios Nikolas, 3301, Limassol Cyprus GVD Markets abides by the regulations set forth by CySEC, FSC and FSA. Traders can access a wide selection of financial products through MT5 trading platform. However, the trading conditions are not clarified openly on their website.Pros and ConsPros Cons Regulated by CYSECLimited information about trading conditionsSecurity measures providedDeposit and withdrawals fees chargedDemo accounts availableNo 24/7 supportMT5 availableIs GVD Markets Legit? GVD Markets is regulated by three authorities: the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission in Mauritius (FSC), and the Seychelles Financial Services Authority (FSA). The license type with CySEC is Straight Through Processing (STP), and the license number is 411/22. This means that GVD Markets operates as an intermediary between traders and liquidity providers without intervening in the trade execution process. With the FSC in Mauritius and the FSA in Seychelles, GVD Markets holds Retail Forex Licenses. But both of them belong to offshore regulation. Besides, it also offers many security measures including segregation of funds, Negative Balance Protection and investor compensation fund. The Investor Compensation Fund aims to protect covered clients by compensating them for claims against Fund members who fail to meet their obligations. Additionally, they provide Negative Balance Protection, the balance available in their trading accounts.What Can I Trade on GVD Markets? GVD Markets provides more than 100 financial derivatives, such as foreign exchange, indices, metals, energies (Brent crude oil and West Texas Intermediate crude oil) and stocks.Tradable Instruments Supported Forex✔Indices✔Metals✔Energies✔Stocks✔Cryptocurrencies❌Bonds❌Options❌ETFs❌How to Open an Account on GVD Markets? To open a live account, simply complete an online questionnaire and submit the necessary documents. Once your registration is reviewed and approved, you can fund your account and begin trading. You will need to provide clear color copies of the following documents: - A copy of your passport or ID card that clearly displays your full name, date of birth, passport or ID number, and expiration date. - A recent utility bill (dated within the last 3 months) that includes your full name and address.Trading Platform GVD Markets offers MT5 trading platform to trade on their products. With its advanced and user-friendly interface, the MT5 platform facilitates trading experiences, allowing clients to analyze markets, execute trades, and manage their portfolios with precision and ease.Deposit and Withdrawal GVD Markets provides numerous money transfer options, including bank cards, bank wire transfers, and credit cards like VISA and Mastercard. They accept USD and EUR, with no fees for deposits. However, GVD Markets does not permit deposits made using a third party's credit card; the name on the account must match the name on the card. More details can be learn about through: https://www.gvdmarkets.eu/deposits-withdrawals/Payment MethodsAccepted CurrenciesDeposit FeeWithdrawal FeeDeposit TimeWithdrawal TimeVisaEUR, USD❌3.25% + 2.50 Euro per transactionInstant1 Work DayMastercardEUR, USD❌BankwireEURDepends on different services, i.e. account opening fee: €150; Account Maintenance Fee: €20 and so onDepends on different services, i.e. account opening fee: €500; Account Maintenance Fee: €20 and so on3-5 Work Days

Rating Index

Pro

Minimum Deposit
USD10000

Premium

Minimum Deposit
USD2500
How to login to GVD Markets?
gvd markets Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a gvd markets Account Registering for a gvd markets account is the first step to accessing a wide range of trading opportunities. Follow these detailed steps

  

GVD Markets Forex Broker - Complete Information Guide

  

1. Broker Overview

  GVD Markets, officially known as GVD Kori MCY Ltd, was established in 2022 and is headquartered in Limassol, Cyprus. This broker operates as a private entity and serves a diverse clientele, including retail traders and institutional investors across various regions. Since its inception, GVD Markets has positioned itself as a reputable player in the forex trading industry, focusing on providing high-quality trading services.

  The development of GVD Markets has been marked by significant milestones, including the acquisition of multiple regulatory licenses that enhance its credibility and operational scope. The company has expanded its reach by establishing offices in key markets within the Asia-Pacific and MENA regions, aiming to cater to the growing demand for forex trading services.

  As a retail forex broker, GVD Markets operates primarily through online trading platforms, offering access to a wide range of financial instruments. The company employs a Straight Through Processing (STP) model, ensuring that trades are executed directly with liquidity providers without any interference in the execution process. This model is designed to provide clients with transparent pricing and faster execution speeds.

  

2. Regulatory and Compliance Information

  GVD Markets is regulated by several reputable authorities, ensuring a high level of trust and compliance with international standards. The main regulatory bodies overseeing GVD Markets include:

  • Cyprus Securities and Exchange Commission (CySEC) - License Number: 411/22
  • Financial Services Commission (FSC), Mauritius - Retail Forex License
  • Seychelles Financial Services Authority (FSA) - Retail Forex License

  These licenses allow GVD Markets to operate within specific regulatory frameworks, providing a safeguard for client funds. The regulatory licenses are valid as long as the broker complies with the respective authorities' regulations.

  GVD Markets employs strict customer fund segregation policies, ensuring that clients' funds are kept in separate accounts from the company's operational funds. This practice is crucial for protecting client assets and is complemented by participation in the Investor Compensation Fund, which offers additional security for covered clients.

  Furthermore, GVD Markets adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to provide identification and verification documents to ensure compliance with legal standards.

  

3. Trading Products and Services

  GVD Markets offers a comprehensive range of trading products, catering to the diverse needs of its clients. The available instruments include:

  • Forex: GVD Markets provides access to over 50 currency pairs, including major, minor, and exotic pairs, allowing traders to engage in forex trading and speculate on price movements.
  • CFDs: The broker offers Contracts for Difference (CFDs) on various asset classes, including:
  • Indices: Access to major global indices such as the S&P 500 and FTSE 100.
  • Commodities: Trading in commodities like gold, silver, and crude oil.
  • Stocks: Opportunities to trade shares of various companies.
  • Energies: Trading options for energy commodities, including Brent and WTI crude oil.

  While GVD Markets does not currently offer cryptocurrency trading, the broker continuously evaluates market demands and may expand its product offerings in the future.

  GVD Markets also caters to retail trading needs by providing various account types and trading conditions, as well as institutional services for larger clients. The broker's business model is designed to accommodate a wide range of trading strategies and preferences.

  

4. Trading Platform and Technology

  GVD Markets supports the popular MetaTrader 5 (MT5) trading platform, which is known for its user-friendly interface and advanced trading features. The platform is available for both desktop and mobile devices, allowing traders to access their accounts and manage trades on the go.

  The MT5 platform offers various functionalities, including:

  • Advanced Charting Tools: Traders can utilize multiple technical indicators and chart types to analyze market trends effectively.
  • Automated Trading: The platform supports algorithmic trading through Expert Advisors (EAs), enabling traders to automate their trading strategies.
  • Market Depth: MT5 provides access to market depth, allowing traders to view liquidity and make informed trading decisions.

  GVD Markets operates its servers in strategically located data centers to ensure low latency and high execution speeds. The broker employs robust technology infrastructure to enhance the trading experience and maintain platform stability.

  Additionally, GVD Markets offers API access for traders who wish to integrate their trading systems with the broker's platform, allowing for customized trading solutions and automated strategies.

  

5. Account Types and Trading Conditions

  GVD Markets provides several account types to accommodate different trading styles and preferences. The main account types include:

  • Standard Account: Requires a minimum deposit of $500. This account type offers floating spreads and no commissions, making it suitable for general trading.
  • STP Account: Also requires a minimum deposit of $500. This account type benefits from Straight Through Processing, allowing for faster execution and competitive spreads.
  • ECN Account: Requires a higher minimum deposit of $2000. This account type offers direct market access with tighter spreads, but includes a commission of $7 per lot traded.

  GVD Markets provides leverage of up to 1:2000, allowing traders to amplify their positions. However, it is essential for traders to understand the risks associated with high leverage, as it can lead to significant losses.

  The broker also offers a demo account for clients who wish to practice trading without risking real funds. This feature is beneficial for beginners to familiarize themselves with the trading platform and develop their trading strategies.

  

6. Fund Management

  GVD Markets supports multiple deposit methods, ensuring convenience for clients. The accepted deposit methods include:

  • Bank Transfers
  • Credit Cards: Visa and Mastercard
  • Electronic Wallets: Various options depending on the region

  The minimum deposit requirement varies based on the account type, with standard and STP accounts requiring a minimum of $500, while the ECN account requires $2000.

  Deposits are processed quickly, with most methods taking 1-3 business days for funds to reflect in the trading account. GVD Markets does not charge any deposit fees, but clients should be aware of potential third-party fees associated with their payment methods.

  Withdrawal methods include bank transfers and credit cards, with a handling fee of 2.5% applied to withdrawals from accounts without prior trading activity. The processing time for withdrawals typically ranges from 1-5 business days, depending on the chosen method.

  

7. Customer Support and Educational Resources

  GVD Markets provides comprehensive customer support through various channels, including:

  • Email: cs@gvdmarkets.eu
  • Phone: +35725250025
  • Live Chat: Available on the website

  Customer support operates from 9:00 AM to 6:00 PM (EET), Monday to Friday, ensuring assistance during trading hours.

  The broker offers support in multiple languages, catering to its diverse client base. Educational resources include webinars, tutorials, and e-books designed to enhance traders' knowledge and skills.

  GVD Markets also provides market analysis services, including daily updates and research reports, to help traders stay informed about market conditions and potential trading opportunities.

  

8. Regional Coverage and Restrictions

  GVD Markets primarily serves clients in the Asia-Pacific and MENA regions, with offices established in key countries to support its operations. However, the broker does not accept clients from certain countries, including:

  • Israel
  • Iran
  • War-torn countries

  These restrictions are in place to comply with international regulations and ensure the safety and security of clients' funds.

  In summary, GVD Markets is a regulated forex broker that offers a diverse range of trading products and services, supported by a robust trading platform and comprehensive customer support. With a focus on transparency and client security, GVD Markets aims to provide an optimal trading experience for both retail and institutional clients.

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Latest Reviews

David013

David013

Thailand

Their spreads are actually very competitive and have very good customer support

Positive

03-14

FX2002327148

FX2002327148

Egypt

شركه محترمه وقويه جدا وموظفين علي اعلي درجه🙏

Positive

01-14

Kunle Oyebode

Kunle Oyebode

Nigeria

I opened a $2,500 forex trading account with tixee but it seemed to me like it was actually a demo account that was opened for me. the account grew to $7,000 but the day I told my account manager that I would like to withdraw from my trading account was the day he gave me 3 trading signals that cleared all the funds in my trading account. I demand my $2,500 be refunded.

Exposure

2023-08-17

GVD Markets Forex Broker has an overall rating of 7.62, Regulatory Index 6.32, License Index 6.83, Business Index 7.25, Software Index 9.99 Risk Control Index 8.97.
GVD Markets