CVC Markets Review (2023)

Founded
2020
Avoid Reason
Offshore License

Is CVC Markets a scam or legit broker?

No, it is not safe to trade with CVC Markets as it is an offshore broker. CVC Markets is incorporated in St. Vincent & the Grenadines as an International Broker Company with the registration number 25380 BC 2019.

St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as FTE FX, PrimeXBT and more. You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.

About CVC Markets
🗺️ Registered in St. Vincent and the Grenadines
🗺️ Type of License Offshore License
🛡️ Is CVC Markets safe to trade No
🗺️ Recommended Licenses FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative Broker IC Markets - licensed by ASIC in Australia

CVC Markets claims to be a leading online broker for trading Forex and CFDs on stocks, indices, metals and more. They provide one of the highest leverage ratios in the Forex industry, up to 1:1000 for traders with MetaTrader 4 accounts. Their industry-leading spreads are as low as 0 pips (Also check Low Spread Brokers and No Spread Forex Brokers) on the «Pro» trading accounts on MetaTrader 4 platform. Stocks and Commodities CFDs offer traders an opportunity to profit from price movement without owning the asset. As stated on the website, all accounts come with a «no dealing desk» execution, which guarantees the minimal slippage and lightning-speed execution. 

The broker doesn’t provide any information about its regulation as well as its location. It provides the contact phone numbers with UK’s country codes, however, CVC Markets is not regulated in the UK or any other country. 

In addition, CVC Markets has been blacklisted by the Spanish regulator CNMV:

“CVC Markets is not authorised to provide the investment services, which include investment advice, nor to provide the auxiliary in relation to the financial instruments, including, for those purposes, foreign currency transactions.”

Conclusion

We advise all investors and traders to avoid CVC Markets and other offshore brokers. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FXTM and XM.com.

You can also share your trading experience with CVC Markets by commenting on this review.


CVC Markets website is no longer active.

Reviews

No reviews yet!