CVC Markets Review

Is CVC Markets 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 registration number 25380 BC 2019.

• St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost being low, 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.

What is CVC Markets?

CVC Markets claims to be a leading online broker for trading Forex and CFDs on stocks, indices, metals, and more. It provides 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 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 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 authorized 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.”

CVC Markets Review Conclusion

We advise all investors and traders to avoid CVC Markets and other offshore brokers. The problems we revealed about the broker's regulations and reliability are a big red flag to avoid it and sign in only with trustworthy 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.

CVC Markets Update

Recently the CVC Markets website remains inactive, meaning the broker mutes its trading offering and does not propose account openings. However, we still advise the traders to be alert and careful, in case they receive trading proposals.