WikiFX Broker Assessment Series | Is GVD Markets Reliable?
Abstract：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.
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. Lets get into it.
To understand GVD Markets better, we explore GVD Markets by analyzing the main perspectives:
A. General Info of GVD Markets
B. Regulatory Status
A. General Info of GVD Markets
GVD Markets s general info has been shown below:
About GVD Markets:
Market Instruments
GVD Markets offers a variety of market instruments, including Forex, Indices, Metals, and Energies.
Account Types
GVD Markets offers three kinds of accounts. They are the STD account, STP account, and ECN account. The minimum deposit for investing in an STD account and an STP account is $500. If you want to invest in its ECN account, you need to deposit at least $2000.
Trading Platform
GVD Markets uses Meta Trader 5 (MT5) as its main trading platform. MT5 is one of the most widely used platforms in the industry.
Deposits/Withdrawals
GVD Markets constantly strives to provide traders with fast and secure ways to fund their accounts and make withdrawals. This broker accepts USD and EUR, and there are no deposit fees. Besides, this broker claimed that it does not charge any commissions.
Funds Protection
“GVD Markets are members of the investors' compensation fund.”
Customer Support
Our Customer Support officers are here to help you through the funding or withdrawal process. Contact them at support@gvdmarkets.eu.
B. Regulatory Status
The legitimate license of GVD Markets
GVD Markets is a regulated broker. It is regulated by the Cyprus Securities and Exchange Commission with license number 411/22. It also holds the Seychelles Financial Services Authority with a license number SD061.
Conclusion
WikiFX has given this broker a decent score of 7.80/10, which shows that this broker is relatively reliable. Investing in a regulated broker is always a wise choice and your assets have been protected to some extent. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX App to find the most trusted broker for yourself.
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