GV Markets Account Types

GV Markets offers 3 different account types. The Standard account, Gold account, and the VIP account. Each account offers up to 1:500 leverage and +250 Shares, Indices, Forex, Commodities, and Cryptos.

GV Markets at a glance

Overall Rating

• 3.9/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 100

Regulators

FSCA

Trading Platform

MT5

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

Choose your quick section of our GV Markets Account Types below.

GV Markets Account Types – 7 key points quick overview:

1. ✔️Overview
2. ✔️GV Markets Account Types
3. ✔️GV Markets Account Features
4. Islamic Account
5. GV Markets Pros and Cons
6. Conclusion
7. Frequently Asked Questions

With GV Markets, traders can access a wide range of financial instruments that are spread across several asset classes.

Overview

GV Markets was established in 2010 and is a well-regulated and reputable South African broker headquartered in Pretoria. GV Markets has the necessary regulations and authorization through the Financial Sector Conduct Authority (FSCA) under the name Ribova Holding Investments as a Financial Services Provider (FSP) under license number 49213.

GV Markets is a Straight-Through-Processing (STP) broker that employs a No-Dealing Desk (NDD) execution model, which means that client orders are placed with GV Markets on MetaTrader 5, and the broker sends these orders through to liquidity providers and other market makers who fill the orders at the best possible pricing.

With GV Markets, traders can access a wide range of financial instruments that are spread across several asset classes. Traders can trade more than 200 Contracts For Difference (CFDs), which allow traders to speculate on the price of instruments without owning the physical asset, as well as more than 80 forex pairs including major, minor, and exotic pairings.

GV Markets has a dedicated management and development team that has more than 30 years’ worth of collective experience. This provides traders with the assurance that they can expect an enriched and immersive trading experience when they register an account with GV Markets.

With GV Markets, traders are given access to different advanced trading tools and the use of MetaTrader 5, which offers additional tools, materials, and resources to traders. Traders can also expect a comprehensive affiliate program, investment insurance, free and customized VPS hosting, and Active Trader and VIP discounts on trading conditions.

GV Markets Account Types

GV Markets only provides a single retail trading account that traders can access when they register on the GV Markets website. This trading account has a wide range of comprehensive features that cater to the different trading styles, strategies, experience levels, and skillsets of both beginner and professional traders.

GV Markets Account Features

Standard Account

When traders register a Standard trading account with GV Markets, they can expect the following comprehensive features from their account:

Gold Account

When traders register a Gold trading account with GV Markets, they can expect the following comprehensive features from their account:

VIP Account

When traders register a VIP trading account with GV Markets, they can expect the following comprehensive features from their account:

Overall Rating

• 3.9/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 100

Regulators

FSCA

Trading Platform

MT5

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

Islamic Account

The purpose of an Islamic Account is that it caters specifically for Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive. Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.

GV Markets does not provide Muslim traders with the option of converting their trading account into an Islamic Account, which means that traders must ensure that their positions are closed and not kept open overnight.

GV Markets Pros and Cons

Conclusion

GV Markets is a well-regulated and trusted South African broker that offers comprehensive trading solutions and competitive trading conditions to retail and professional traders. GV Markets offers transparent fee schedules and a comprehensive retail trading account with a wide variety of features that suit the different needs and objectives of traders.

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Frequently Asked Questions

Trading environment

How many instruments can I trade with GV Markets?

You can trade any of the following instruments:

Forex

Commodities

Indices

Stocks (US, SA, EU)

Cryptocurrencies

Which platforms are supported by GV Markets?

GV Markets only supports the use of MetaTrader 5 on the following:

Web browsers

Desktop (Linux, macOS, Windows)

Mobile (Android, iOS)

Does GV Markets offer leverage?

Yes, GV Markets offers leverage up to a maximum of 1:500.

What spreads can I expect with GV Markets?

You can expect spreads from 0.1 pips EUR/USD.

Does GV Markets charge commission?

No. GV Markets offers commission-free trading because spreads are marked-up to include the broker’s fee for facilitating trades.

Are there additional charges on the Islamic account?

No. GV Markets does not offer the option for an Islamic Account.

Is GV Markets regulated and by whom?

Yes, GV Markets is regulated under the name Ribova Holding Investments with the FSCA under the FSP license number 49213 in South Africa.

Is GV Markets a recommended forex trading broker for experts and beginners?

Yes, GV Markets is recommended for both beginners and experts.

What is the overall rating out of 10 for GV Markets?

8/10.

Accounts

What is the difference between a demo and a live trading account?

A demo account is a practice account that can be used by both beginner and professional traders. Beginners can use a demo account to practice their trading while more advanced traders can use it to test their trading strategies.

Alternatively, traders can also use a demo account to explore what a broker has to offer. Demo accounts are known for the risk-free environment that they offer along with the virtual funds which are used to trade.

Does GV Markets offer a demo account?

Yes, GV Markets offers a demo account.

How long is the demo account valid?

30 days.

Which live trading accounts does GV Markets offer?

GV Markets only offers a single standard retail trading account.

Does GV Markets offer an Islamic Account?

No, GV Markets does not offer the option for an Islamic Account.

What are the available deposit currencies for a live trading account?

ZAR

USD

EUR

GBP

Deposits and withdrawals

What is the minimum deposit required to open an account with GV Markets?

100 ZAR or 7 USD (at the current exchange rate between USD/ZAR).

How do you make a deposit and withdraw money with GV Markets?

Bank Wire Transfer

EFT via OZOW

Does GV Markets charge withdrawal fees?

Yes, GV Markets charges withdrawal fees.

How long does it take to make a withdrawal?

Typically between 24-48 hours depending on when the withdrawal request was submitted.