Score

6.18 /10
Average

GVD Markets

Regulated in Cyprus

Straight Through Processing (STP)

MT4 Full License

Global Business

High potential risk

Offshore Regulated

D

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Comparison

Quantity 14

Exposure

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Website

Score

Regulatory Index6.32

Business Index6.89

Risk Management Index0.00

Software Index9.99

License Index6.32

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Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

GVD KORIMCY LTD

Company Abbreviation

GVD Markets

Platform registered country and region

Cyprus

Company website

Company summary

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    GVD Markets · Company summary
    GVD Markets Review Summary
    Founded2023
    Registered Country/RegionCyprus
    RegulationCYSEC, FSC/FSA (Offshore)
    Market InstrumentsCFDs on forex, indices, metals, energies, stocks
    Demo Account
    Leverage/
    Spread/
    Trading PlatformMT5
    Min Deposit/
    Customer Support9:00 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: gvdcncs@gvdmarkets.com
    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.

    GVD Markets' home page

    Pros and Cons

    Pros Cons
    Regulated by CYSECLimited information about trading conditions
    Security measures providedDeposit and withdrawals fees charged
    Demo accounts availableNo 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.

    Regulated by CySEC

    With the FSC in Mauritius and the FSA in Seychelles, GVD Markets holds Retail Forex Licenses. But both of them belong to offshore regulation.

    Offshore regulated by FSC
    Offshore regulated by FSA

    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.

    Financial security

    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
    What Can I Trade on GVD Markets?

    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.

    How to Open an Account on GVD Markets?

    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.

    MT5

    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 MethodsAccepted CurrenciesDeposit FeeWithdrawal FeeDeposit TimeWithdrawal Time
    VisaEUR, USD3.25% + 2.50 Euro per transactionInstant1 Work Day
    MastercardEUR, USD
    BankwireEURDepends on different services, i.e. account opening fee: €150; Account Maintenance Fee: €20 and so onDepends on different services, i.e. account opening fee: €500; Account Maintenance Fee: €20 and so on3-5 Work Days
    Deposit details
    Withdrawal details

    News

    NewsAddressing False Claims: GVD Markets Takes a Firm Stand Against Misinformation

    Recently, we identified a series of fabricated claims about GVD Markets made by a self-media personality from the Arab region. These claims, disseminated through videos on YouTube and WIKIFX , maliciously attack and smear the brand and website of GVD Markets. These baseless allegations were designed to blatantly attack GVD Markets and harm our company’s long-standing reputation and transparent business operations. In light of this, we are issuing this statement to clarify the facts and set the record straight.

    WikiFX
    2025-04-16 13:40
    Addressing False Claims: GVD Markets Takes a Firm Stand Against Misinformation

    NewsWikiFX 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.

    WikiFX
    2024-05-20 18:12
    WikiFX Broker Assessment Series | Is GVD Markets Reliable?

    User Reviews

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    User comment

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    Comments

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    Tako5425
    3-6months
    I met GVD Markets at a forex expo in Dubai and opened an account after completing full KYC. When I submitted a withdrawal request, they delayed it for over two weeks and suddenly asked for a Dubai bank account, address proof, and a new KYC video — even though I had already passed verification. I followed all their unreasonable demands. After 19 days, they claimed I made “irregular trades,” closed my account, and said I could only withdraw my principal. I agreed just to get my money back — but then I was locked out of my account completely. No response from support, emails, or the broker. My funds are gone. GVD Markets is a pig-butchering scam platform. They lure victims through expos, wait until funds are deposited, then freeze accounts and disappear. Stay away from GVD Markets! This is not a trustworthy broker — it’s a well-organized fraud.
    I met GVD Markets at a forex expo in Dubai and opened an account after completing full KYC. When I submitted a withdrawal request, they delayed it for over two weeks and suddenly asked for a Dubai bank account, address proof, and a new KYC video — even though I had already passed verification. I followed all their unreasonable demands. After 19 days, they claimed I made “irregular trades,” closed my account, and said I could only withdraw my principal. I agreed just to get my money back — but then I was locked out of my account completely. No response from support, emails, or the broker. My funds are gone. GVD Markets is a pig-butchering scam platform. They lure victims through expos, wait until funds are deposited, then freeze accounts and disappear. Stay away from GVD Markets! This is not a trustworthy broker — it’s a well-organized fraud.
    Translate to English
    2025-09-10 00:25
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    Tako5425
    3-6months
    I met GVD Markets at a forex expo in Dubai and opened an account after completing full KYC. When I submitted a withdrawal request, they delayed it for over two weeks and suddenly asked for a Dubai bank account, address proof, and a new KYC video — even though I had already passed verification. I followed all their unreasonable demands. After 19 days, they claimed I made “irregular trades,” closed my account, and said I could only withdraw my principal. I agreed just to get my money back — but then I was locked out of my account completely. No response from support, emails, or the broker. My funds are gone. GVD Markets is a pig-butchering scam platform. They lure victims through expos, wait until funds are deposited, then freeze accounts and disappear. Stay away from GVD Markets! This is not a trustworthy broker — it’s a well-organized fraud.
    I met GVD Markets at a forex expo in Dubai and opened an account after completing full KYC. When I submitted a withdrawal request, they delayed it for over two weeks and suddenly asked for a Dubai bank account, address proof, and a new KYC video — even though I had already passed verification. I followed all their unreasonable demands. After 19 days, they claimed I made “irregular trades,” closed my account, and said I could only withdraw my principal. I agreed just to get my money back — but then I was locked out of my account completely. No response from support, emails, or the broker. My funds are gone. GVD Markets is a pig-butchering scam platform. They lure victims through expos, wait until funds are deposited, then freeze accounts and disappear. Stay away from GVD Markets! This is not a trustworthy broker — it’s a well-organized fraud.
    Translate to English
    2025-07-28 19:10
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