Making money in the online trading industry is easier now than it has ever been. Modern brokerages go out of their way to streamline all the processes and make the trading experience as intuitive and enjoyable as ever. In the past two years, we witnessed a massive surge of new traders looking for new opportunities. Trading online is definitely becoming mainstream, and the competition between brokers is more intense than ever. Today we examine an old favourite of many traders – CV Markets.
They are continuing to be unique by constantly upgrading their operations and services. This client comes first philosophy has been at the core of CV Markets values since its inception. We traded with it a long time ago, but we wanted to examine how their offering in 2021 compares to its competitors. Have CV Markets still got what it takes to be one of the top players in this industry? Read the full review to find out about our experiences. Remember that you can also read all of our forex broker reviews by clicking here.
What Can You Trade With CV Markets
CV markets include more than 200 tradable assets on their platform. You can inspect all of them on the trading platform. They are cleverly organized so that you never have to waste time looking for a specific one. You can build your portfolio with Forex, Stocks, Indices, Commodities and Crypto assets. This variety is excellent because you can always benefit from specific market conditions. Every asset holds key information such as buy and sells price. You can find out more with a single click. We love that all of this is available through the platform itself, as you do not have to waste time going back and forth.
Each asset can interact with thanks to the real-time performance monitor. Here, you are given tools with which you can perform different types of analyses to get a better understanding of the market. This is all made possible thanks to CV Markets amazing new platform. It was built up completely from the ground up. It is completely web-based, and it is exactly due to its lightweight nature that it retains its amazing performance throughout your trading. At no moment will you experience any delays or bugs, which is a huge plus in this industry.
CV Markets Trading Accounts Offered
CV Markets offers several different account types that are designed to fit the needs of different trading styles, budgets and tendencies. You don’t have to spend big money to experience everything this brokerage has to offer. In fact, you can spend as little as €250 and get full access to the platform. If you just wish to test out the platform, or simply do not require some of the higher-end perks, then the Self-manage profile is perfect for you. With a small asking price and the addition of market reviews, you will be well equipped to start trading.
There are four more tiers to choose from. They all vary in asking price and associated benefits. You should take your needs, ambitions and budget in mind when making this decision. According to CV Markets, their most popular tier is Gold because it represents the best value for money. With a minimal deposit of just €10,000, you gain access to a dedicated account manager, trading bonus, improved spreads and leverage, trading signals, lots of educational content, private analyst sessions, priority withdrawal and much more. When looking at what the competition is offering at this price point, there should be no doubt who the clear winner is.
If you are even more ambitious, you can go for the Platinum, Diamond and potentially even Libra. We can potentially because Libra is invitational only, and currently, there is no information regarding how traders can obtain it. Platinum and Diamond, on the other hand, have clear specifications, and they will surely seem appealing to high volume traders. They represent the best of what CV Markets has to offer and at quite a reasonable price.
CV Markets Financial Withdrawal and Funding Methods
Funding your account is very easy. With a bank account opened anywhere in the world, you can use credit and debit cards as well as wire transfers to make deposits and withdrawals. When it comes to waiting times, they are on par with the rest of the industry. Deposits are pretty much instant, while withdrawals can take up more time depending on your bank policies. In either case, CV Markets offers good fund security so that you never have to worry about your money.
Education Resources at CV Markets
Brokerages have been investing in their own Education resources for some time now. This move is perceived as a gesture of goodwill. There is plenty of free material out there on the internet, but by offering something themselves, the brokerages are trying to win you over and thus form long-lasting relationships. CV Markets has built a system that has plenty to offer to traders of all levels. Their website contains a section called the Education Centre. It is completely free, and it contains beginner-friendly materials. There are intended to intrigue newcomers and teach them about trading basics, terminology and even offer excellent eBooks. These cover numerous topics that can prepare you for daily trading activities.
Once you master the fundamentals and open an account, you get access to a much more elaborate system. Based on what account you select, you can enjoy market reviews, webinars, financial and risk management planning, analyst sessions, trading signals and much more. To make the most out of these, you need to possess substantial knowledge of the global markets. However, if you do, there is little to no limit to what you can achieve.
Customer Support at CV Markets
During our time trading with CV Markets, we encounter no issues whatsoever. If you happen to stumble upon one, you can rest assured that this brokerage has one of the best support systems. You can address your inquiries via email, call centres or through the Live Chat feature. Regardless of what you choose, you will be greeted with a polite and professional response. The waiting times are industry-leading. The only thing to note is that there is no 24/7 support. You always need to be aware of the support operating hours to avoid getting into awkward situations.
Is CV Markets a Good Trader?
During our time trading with CV Markets, we had pretty much a flawless time. The trading experience is unlike anything we encountered recently. The company and its creators seem to have thought of everything. Regardless if you are a complete beginner or a high volume veteran of the industry, you can find everything you need here.