Abstract:Founded in 2019, IV Markets is allegedly a forex and CFD broker incorporated in Saint Vincent and the Grenadines, registered with the Financial Services Authority (FSA), authorized by the Australian Securities and Investments Commission (ASIC), claiming to provide its clients with the worlds most widely-used MetaTrader4 trading platform, leverage up to 1:500, floating spreads on a variety of tradable assets, as well as a choice of two different live account types.
Note: Since IV Markets official site (https://www.ivmarkets.in) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information & Regulation
Founded in 2019, IV Markets is allegedly a forex and CFD broker incorporated in Saint Vincent and the Grenadines, registered with the Financial Services Authority (FSA), authorized by the Australian Securities and Investments Commission (ASIC), claiming to provide its clients with the worlds most widely-used MetaTrader4 trading platform, leverage up to 1:500, floating spreads on a variety of tradable assets, as well as a choice of two different live account types.
Market Instruments
IV Markets advertises that it mainly offers five different asset classes in financial markets, including forex, commodities, index, stocks and cryptocurrencies of Bitcoin and others. Some other trading assets like gold, silver and oil are also available.
Account Types
There are two live trading accounts offered by IV Markets, apart from free demo accounts, namely Straight-through STP and ECN accounts. Opening an account requires the minimum initial deposit amount of $50.
Leverage
The maximum leverage ratio provided by IV Markets is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads
Through the MetaTrader4 demo account of IV Markets, we found the spread for EUR/USD pair was floating around 1.5 pips.
Trading Platform Available
When it comes to trading platforms available,IV Markets gives traders the worlds most trusted and popular MetaTrader4 platform, available for the MT4, MT4 Mobile and WebTrader. MT4 is known as one of the most successful, efficient, and competent forex trading software, featuring reliable indicators, easy-to-use charting tools, automated Expert Advisors and more. While with MT4 Mobile, trading can be done from anywhere and at any time through the right mobile terminals.
Deposit & Withdrawal
IV Markets accepts deposits and withdrawals via credit/debit cards, wire transfers, and a variety of e-wallets including cryptocurrencies of Bitcoin and Tether. The minimum deposit requirement is $50. More specific payment methods can be found in the following screenshot.
Customer Support
IV Markets customer support can be reached through telephone: +85269322926, email: contact@ivmarkets.in, svg.support@ivmarkets.com. Besides, you can also follow this broker on some social media platforms like Facebook. Company address: Hings Building, Kingstown, Saint Vincent and The Grenadines.