Score
GVD Markets
Cyprus|2-5 years| https://www.gvdmarkets.eu/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
-
The claim standard per customer is 1000 dollars
IAP · Legal aid C
Basic information
Cyprus
Single Core
1G
40G
1M*ADSL
Account Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
gvdtrading.com
Server Location
Lithuania
Website Domain Name
gvdtrading.com
Server IP
84.32.84.137
-
gvdmarketsth.com
Server Location
Indonesia
Website Domain Name
gvdmarketsth.com
Server IP
193.203.172.117
-
gvdmarkets.eu
Server Location
Hong Kong
Website Domain Name
gvdmarkets.eu
Server IP
8.218.82.233
Company Summary
| GVD Markets Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC, FSC/FSA (Offshore) |
| Market Instruments | CFDs on forex, indices, metals, energies, stocks |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | MT5 |
| Min Deposit | / |
| Customer Support | 9:00 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 form | |
| Email: cs@gvdmarkets.eu | |
| Phone/Fax: +0035725250025 | |
| Address: 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 Cons
| Pros | Cons |
| Regulated by CYSEC | Limited information about trading conditions |
| Security measures provided | Deposit and withdrawals fees charged |
| Demo accounts available | No 24/7 support |
| MT5 available |
Is 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 Methods | Accepted Currencies | Deposit Fee | Withdrawal Fee | Deposit Time | Withdrawal Time |
| Visa | EUR, USD | ❌ | 3.25% + 2.50 Euro per transaction | Instant | 1 Work Day |
| Mastercard | EUR, USD | ❌ | |||
| Bankwire | EUR | Depends on different services, i.e. account opening fee: €150; Account Maintenance Fee: €20 and so on | Depends on different services, i.e. account opening fee: €500; Account Maintenance Fee: €20 and so on | 3-5 Work Days | |
Keywords
- 2-5 years
- Regulated in Cyprus
- Regulated in Mauritius
- Regulated in Seychelles
- Straight Through Processing(STP)
- Retail Forex License
- MT4 Full License
- MT5 Full License
- Global Business
News
News WikiFX Broker Assessment Series | Is GVD Markets Reliable?
Recently GVD Markets has become a trending topic in forex markets. WikiFX made a comprehension review to help you better understand this broker. we will analyze the reliability of this broker from specific information, regulations, etc. Let’s get into it.
2024-05-20 18:12
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2022-06-02 11:58
Review 6
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DanzaKuduro
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Promotion: Free $20 bonus without deposit The condition is that we need to deposit $20 if we want to withdraw profits And we have to make 2.2 lots Once I made a profit and completed 2.2 lots I couldn't withdraw the profit. I submitted a request and it was rejected 3-4 times.
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KangJudeng
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Red or bearish candles are lined up in gold at US time, if in Indonesia at 19-22, two candles in the 4h time frame will be cool on 2024, March 15. The wide spread of USDJPY alone can be 34 points and it is difficult to change leverage. Below this picture is GOLD. I advise Indonesian traders to be careful with this broker. I'm not banning trading at this broker. But be careful, there are lots of losses.
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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
老男孩0565
Hong Kong
Their customer service deserves my 5-star rating! It was a real pleasure to chat live with their customer service, they were always able to answer my questions very quickly, patiently and in a comfortable tone. They also gave me a lot of very useful trading advice, which is really helpful for me who is trading forex for the first time.
Positive
2022-11-28
尼克·召尔施
Taiwan
I have to say that the minimum deposit of $10 is quite friendly to many regular brokers. besides, its customer support team is quite enthusiastic and responsive, replied me very quickly. I’ve just registered a standard account with this broker, Let’ see what is gonna happen. I hope good news will come, hahaha.
Positive
2022-11-28
心态决定一切40305
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To date I love tixee as a forex broker! I most appreciate your leverage algo, educational resources, MT5/MT4 and last but not least negative balance protection.
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