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MVM Securities foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://mvmgroup.in/index.php, about the company's legal and temporary regulatory information, the company's address 1 India Exchange Place, Room No.- 110 & 111, 1st Floor, kolkata - 700001.

MVM Securities Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
MVM Securities Private Limited
Abbreviation
MVM Securities
Company employee
--
Customer Service Email Address
vvikash_71@rediffmail.com
Contact Number
+9103340804407
Company address
1 India Exchange Place, Room No.- 110 & 111, 1st Floor, kolkata - 700001
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

MVM Securities broker review

Rating Index

  

MVM Securities Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  MVM Securities, officially known as MVM Securities Limited, was established in 2011 and is headquartered in Saint Vincent and the Grenadines. This private company operates primarily in the financial services industry, catering to both retail and institutional clients across various global markets. MVM Securities has positioned itself as a growing forex broker, providing a range of trading services and financial instruments.

  The company has made significant strides since its inception, aiming to revolutionize the trading industry by offering competitive services, spreads, and execution options. MVM Securities is part of a larger group of companies known as MVM Group, which enhances its operational capabilities and market reach.

  The broker primarily focuses on retail forex trading, offering clients access to a variety of financial instruments, including currency pairs, commodities, indices, and cryptocurrencies. As a part of its business model, MVM Securities emphasizes a user-friendly trading environment, aiming to attract both novice and experienced traders.

  

2. Regulatory and Compliance Information

  MVM Securities claims to be regulated by the Vanuatu Financial Services Commission (VFSC). However, it is important to note that the VFSC is known for its lenient regulatory framework, and many brokers operating under its jurisdiction do not provide robust investor protection. The regulatory number associated with MVM Securities under the VFSC is 700451.

  The broker's license is valid for providing forex trading services; however, it does not extend to other financial activities that may require more stringent oversight. The company's operations are based in an offshore jurisdiction, which often raises concerns regarding the safety of client funds.

  MVM Securities implements a client fund segregation policy, ensuring that client assets are kept separate from the company's operational funds. However, it does not participate in any investor compensation schemes, which means that in the event of insolvency, clients may not have recourse to recover their funds.

  The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, requiring clients to verify their identities and provide necessary documentation during the account opening process.

  

3. Trading Products and Services

  MVM Securities offers a diverse range of trading products, including over 80 forex currency pairs. The broker provides access to various asset classes such as:

  • Forex: Major, minor, and exotic currency pairs.
  • CFDs on Indices: Including major global indices.
  • Commodities: Precious metals like gold and silver, as well as energy products.
  • Cryptocurrencies: A selection of popular digital currencies.
  • Stocks and ETFs: A limited range of stocks and exchange-traded funds.

  The broker continuously updates its product offerings, aiming to introduce new instruments based on market demand and trends. Retail trading services are a primary focus, with MVM Securities also catering to institutional clients through tailored solutions.

  The broker does not currently offer white-label solutions or asset management services, focusing instead on providing a robust trading platform for individual traders.

  

4. Trading Platforms and Technology

  MVM Securities supports two of the most popular trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are well-regarded for their comprehensive charting tools, fast execution speeds, and user-friendly interfaces.

  • MetaTrader 4/5: Both platforms are available for desktop, web, and mobile devices, allowing traders to access their accounts from anywhere.
  • Execution Model: MVM Securities operates on a Market Making model, which may influence the pricing and execution of trades.
  • Server Locations: The broker's servers are located in London, ensuring low latency for clients trading in European markets.
  • API Access: MVM Securities provides API access for automated trading, enabling clients to use algorithmic trading strategies.

  The broker's technology infrastructure is designed to support high-frequency trading and offers a variety of technical analysis tools to enhance the trading experience.

  

5. Account Types and Trading Conditions

  MVM Securities offers several types of trading accounts to cater to different trader needs:

  • Micro Account: Minimum deposit of $15, no commissions, and spreads starting from 1.8 pips.
  • Standard Account: Minimum deposit of $25, with a commission of $10 per lot for shares and spreads starting from 1.8 pips.
  • Prime Account: Minimum deposit of $100, offering additional trading instruments and a commission of $5 per lot for forex and commodities.

  The broker provides a demo account for new traders to practice their strategies without risking real funds. Leverage can go up to 1:500, which, while appealing to experienced traders, carries significant risks for novices.

  MVM Securities applies overnight fees, which are charged on positions held past the trading day. These fees vary based on the asset class and account type.

  

6. Fund Management

  MVM Securities supports a variety of deposit and withdrawal methods, ensuring convenience for its clients. The available methods include:

  • Deposits: Bank transfers, credit/debit cards, and various electronic wallets.
  • Minimum Deposit Requirements: Vary by account type, with the micro account requiring only $15.
  • Processing Times: Deposits are typically processed instantly, while withdrawal processing times can vary, often taking up to 3-5 business days.

  The broker does not charge deposit fees, but withdrawal fees may apply depending on the method chosen. Clients are advised to check the specific terms and conditions related to fees and processing times.

  

7. Customer Support and Educational Resources

  MVM Securities offers multiple channels for customer support, including:

  • Contact Methods: Email support, phone support, and live chat options.
  • Service Hours: The support team operates during business hours, covering multiple time zones to assist clients globally.
  • Languages Supported: Customer support is available in several languages, including English, Spanish, and Mandarin.

  The broker provides educational resources such as webinars, tutorials, and e-books to help traders enhance their knowledge and skills. Additionally, MVM Securities offers market analysis services, including daily updates, news, and research reports to keep clients informed about market trends.

  

8. Regional Coverage and Restrictions

  MVM Securities primarily serves clients in regions such as the United Kingdom, Thailand, and other international markets. However, it does not accept clients from certain jurisdictions, including the United States, Canada, Australia, and several others due to regulatory restrictions.

  The broker maintains regional offices to enhance its service delivery, although specific details about these offices are not publicly disclosed. Clients are encouraged to review the broker's website for the most up-to-date information regarding regional service availability and restrictions.

  In conclusion, while MVM Securities presents itself as a competitive forex broker with a wide range of products and services, potential clients should carefully consider the regulatory environment and associated risks before engaging with the broker.

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MVM Securities Forex Broker has an overall rating of 1.41, Regulatory Index 0.00, License Index 0.00, Business Index 6.20, Software Index 4.00 Risk Control Index 0.00.
MVM Securities