Score

1.13 /10
Danger

CVN Markets

United States

1-2 years

Suspicious Regulatory License

Suspicious Overrun

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.07

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0563843) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

CVN Markets · Company summary
CVN MarketsBasic Information
Company NameCVN Markets
Founded2024
HeadquartersUnited States
RegulationsUnauthorized by NFA
Tradable AssetsForex, Commodities, Crypto, CFDs, Indexes, Stocks
Account TypesVariable Spread Accounts, ECN Accounts
Minimum DepositNot specified
Maximum Leverage1:100
SpreadsAs low as 0.1 pips
CommissionNo commission on Variable accounts, $10/trade on ECN accounts
Deposit MethodsNot specified
Trading ToolsWindows, iOS, Android
Customer SupportEmail: support@cvnmarkets.com, Phone: +81 080 8050 7965
Education ResourcesMarket Data (Open, High, Low, Close values)
Bonus OfferingsNot specified

Overview of CVN Markets

CVN Markets provides a comprehensive trading environment with different instruments such as Forex, commodities, indexes, and more. Although it operates without formal regulatory oversight, it offers both variable and ECN spread accounts to accommodate different trading preferences. The platform's accessibility across major operating systems enhances its appeal for traders looking for flexibility and mobile access.

Overview of CVN Markets

Is CVN Markets Legit?

CVN Markets is currently listed as “Unauthorized” by the National Futures Association (NFA) in the United States, indicating that it is not regulated by this agency.

Is CVN Markets Legit?

Pros and Cons

CVN Markets offers a substantial array of trading instruments, catering to traders interested in forex, commodities, indexes, and more. The platform's flexibility is enhanced by its compatibility with Windows, iOS, and Android systems, ensuring accessibility for traders on various devices. Additionally, CVN Markets provides diverse account types, featuring low spreads that accommodate different trading strategies and preferences. However, a significant drawback is the platform's lack of regulation by any recognized authority, which could pose security risks and concerns about the overall credibility of the trading environment. Furthermore, there is limited information available about deposit methods and bonus offerings, which may hinder traders in making fully informed decisions.

ProsCons
  • Extensive range of trading instruments
  • Not regulated by any recognized authority
  • Flexible trading platforms (Windows, iOS, Android)
  • Potential security risks due to lack of oversight
  • Diverse account types with low spreads
  • Limited information on deposit methods and bonus offerings

Trading Instruments

CVN Markets offers a diverse range of trading instruments including Forex pair CFDs, allowing traders to speculate on the strength of one currency against another in the vast forex market. Additionally, the platform provides index spreads for trading on stocks that represent the economic performance of various countries, and futures products for investments in popular commodities like gold, silver, oil, and gas. These instruments cater to traders looking for opportunities in forex, stock indices, and commodities markets.

Here is a comparison table of trading instruments offered by different brokers:

BrokerCVN MarketsRoboForexFxProIC Markets
ForexYesYesYesYes
CommoditiesYesYesYesYes
CryptoYesYesYesYes
CFDYesYesYesYes
IndexesYesYesYesYes
StockYesYesYesYes
ETFNoYesNoYes
OptionsNoNoYesNo

Account Types

CVN Markets offers two main types of trading accounts: Variable Spread Accounts, which utilize variable spreads from Tier 1 liquidity providers without commission but include brokerage fees within the spread, and ECN Accounts, which provide raw ECN spreads as low as 0.1 pips directly from market participants with a fixed commission of $10 per trade. These account types are designed to meet the needs of different trading strategies and preferences.

How to Open an Account

To open an account with CVN Markets, follow these steps.

  1. Visit the CVN Markets website. Look for the “Register” button on the homepage and click on it.
How to Open an Account
  1. Sign up on websites registration page.
How to Open an Account
  1. Receive your personal account login from an automated email
  2. Log in
  3. Proceed to deposit funds to your account
  4. Download the platform and start trading

Leverage

CVN Markets offers leverage up to 1:100, enabling traders to increase their trading position size using a smaller amount of capital.

Here is a comparison table of maximum leverage offered by different brokers:

BrokerCVN MarketsIC MarketsRoboForex
Maximum Leverage1:1001:5001:2000

Spreads and Commissions

CVN Markets offers two types of spreads and commission structures:

  1. Variable Spreads: Utilized on the CVN MarketsTradingweb platform, these spreads are sourced from a Tier 1 liquidity provider in the Equinix LD5 data center in London. Trades on this platform do not incur a commission; instead, a brokerage fee is integrated into the spread.
  1. ECN Spreads: Derived from an Electronic Communication Network (ECN) that aggregates liquidity from multiple sources including banks and hedge funds also located in the Equinix LD5. This setup allows traders to access raw spreads starting as low as 0.1 pips, with a fixed trading fee of $10 per trade.
Spreads and Commissions

Trading Platforms

CVN Markets provides trading platforms compatible with multiple operating systems including Windows, iOS, and Android. This compatibility allows traders to access their trading accounts and engage with the markets from desktop computers as well as mobile devices, offering flexibility for trading on-the-go.

Trading Platforms

Customer Support

CVN Markets offers customer support via email at support@cvnmarkets.com and through the phone number +81 080 8050 7965. This allows clients to reach out for assistance through these direct communication channels.

Customer Support

Trading Tools

CVN Markets offers trading tools that provide detailed market data across various currency pairs. This includes real-time updates on exchange rates for major and minor currencies, showing values such as Open, High, Low, and Close for each pair. This comprehensive market data helps traders make informed decisions by analyzing trends and price movements in the forex market.

Trading Tools

Conclusion

CVN Markets stands out for its comprehensive suite of trading tools and flexibility across various devices, catering to a wide range of trading preferences with its extensive instrument offerings and account types. However, the lack of regulatory oversight could be a significant drawback for risk-averse traders, and the platform might benefit from greater transparency regarding its deposit methods and additional offerings.

FAQs

What types of accounts does CVN Markets offer?

CVN Markets provides Variable Spread Accounts and ECN Accounts, each catering to different trading needs and strategies.

What trading platforms are available at CVN Markets?

CVN Markets is accessible on Windows, iOS, and Android devices, allowing traders to operate from virtually anywhere.

How can I contact customer support at CVN Markets?

Customer support can be reached via email at support@cvnmarkets.com or by phone at +81 080 8050 7965.

What is the maximum leverage available at CVN Markets?

The maximum leverage offered by CVN Markets is 1:100.

Are there any commissions on trades at CVN Markets?

Trades on variable spread accounts do not incur commissions; however, ECN accounts are subject to a $10 commission per trade.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

User Reviews

More

User comment

2

Comments

Write a review

Fibo
more than one year
Straightforward and transparent trading experience. Their platform is easy to use, and they offer a wide range of financial instruments. The emphasis on risk management and fast, secure transactions makes them a reliable choice for traders looking to navigate global markets effectively.
Straightforward and transparent trading experience. Their platform is easy to use, and they offer a wide range of financial instruments. The emphasis on risk management and fast, secure transactions makes them a reliable choice for traders looking to navigate global markets effectively.
Translate to English
2024-07-16 18:18
Reply
0
0
MingTai
more than one year
CVN Markets is legit with all the right licenses, but they don't shy away from telling you straight up that trading CFDs is risky business. It's good they're honest about the potential to lose more than you put in. Just a heads up to really think it through or talk to a pro before diving in. If you're cool with the risks, it’s a decent place to trade.
CVN Markets is legit with all the right licenses, but they don't shy away from telling you straight up that trading CFDs is risky business. It's good they're honest about the potential to lose more than you put in. Just a heads up to really think it through or talk to a pro before diving in. If you're cool with the risks, it’s a decent place to trade.
Translate to English
2024-06-04 14:01
Reply
0
0