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.
Is CVN Markets Legit?
CVN Markets is currently listed as “Suspicious clone” by the National Futures Association (NFA) in the United States.
Pros and Cons
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.
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.
How to Open an Account?
To open an account with CVN Markets, follow these steps.
- Visit the CVN Markets website. Look for the “Register” button on the homepage and click on it.
- Sign up on websites registration page.
- Receive your personal account login from an automated email
- Log in
- Proceed to deposit funds to your account
- Download the platform and start trading
Leverage
CVN Markets offers leverage up to 1:100.
Spreads and Commissions
CVN Markets offers two types of spreads and commission structures:
- 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.
- 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.
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.
Customer Support
CVN Markets offers customer support via email at support@cvnmarkets.com and through the phone number +81 080 8050 7965.
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.
FAQs
What trading platforms are available at CVN Markets?
CVN Markets is accessible on Windows, iOS, and Android devices.
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.
