GV Markets Fees Spreads and Commission vary according to the account type that the trader is using. GV Markets spread list starts from 0.1 pips. GV Markets charges variable spreads that will depend on the financial instrument being traded.
GV Markets at a glance
| 🏛️ Broker's Name | GV Markets |
| 🏛️ Headquartered | Pretoria, South Africa |
| 📅 Year Founded | 2010 |
| ⚖️ Regulating Authorities | Financial Sector Conduct Authority (FSCA) in South Africa |
| ✴️ Countries not accepted for trade | United States |
| ☪️ Islamic Account (Swap Free) | No |
| 📈 Demo Account | Yes |
| 📈 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:500 |
| 💳 Minimum Deposit | 100 ZAR (7 USD) |
| 💳 Deposit Options | Bank Wire Transfer, EFT through OZOW, Bank Wire Transfer, EFT through OZOW, |
| 💰 Withdrawal Options | Bank Wire Transfer, EFT through OZOW, Bank Wire Transfer, EFT through OZOW, |
| 💻 Platform Types | MetaTrader 5 |
| 📱 OS Compatibility | Browsers, Desktop, Mobile |
| 💰 Tradable Assets | Forex, Commodities, Indices, Stocks (US, SA, EU), Cryptocurrencies |
| 👨💼 Languages supported on Website | English |
| 👨💼 Customer Support Languages | English and Afrikaans |
| ✔️ Customer Service Hours | 24/5 |
| 👉 Open a account | Click Here |
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 Fees Spreads and Commission below.
GV Markets Fees and Spreads – 6 key points quick overview:
- ✔️Fees and Spreads
- ✔️Additional Trading Fees
- ✔️Broker Fees
- GV Markets Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the GV Markets Fees Spreads and Commission as well as the features that are offered, which could affect your trading.
Fees and Spreads
The spread list that GV Markets offers starts from 0.1 pips on EUR/USD. GV Markets charges variable spreads that will depend on the financial instrument being traded and the market conditions on the day of trading. GV Markets does not charge commissions on trades but adds a mark-up to spreads, which covers the broker fees.
Additional Trading Fees
Overnight fees, also known as swap fees or rollovers, are either credited or debited depending on the financial instrument being held and whether the trader is holding a long or short position. GV Markets charges overnight fees which will depend on the financial instrument, position size, and the duration that the position is held open. Traders can expect to be debited/credited swap fees depending on whether their position is long/short.
Typical swap fees that traders can expect with GV Markets on EUR/USD is -12 on Long positions and -4 on Short Positions.
GV Markets does not offer Islamic Account options to Muslim traders who follow Sharia law. For this reason, traders must ensure that they close their trading positions at the end of the trading session to avoid being subject to such swap fees, which are prohibited by Sharia law. As GV Markets is not a spread betting broker, and so spread betting fees will not apply.
Broker Fees
GV Markets does not charge any deposit fees, but there are withdrawal fees charged when traders remove funds from their accounts. In addition to these fees, traders can also expect that they may pay processing fees to their bank when they deposit or withdraw funds. Conditions may vary and change, relating to broker fees. Traders are urged to ensure that they verify trading and non-trading fees before they register for a live trading 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
GV Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Comprehensive trading solutions | Spreads are not the tightest |
| Competitive trading conditions | Limited account options |
| Commission-free trading | Withdrawal fees are charged |
| Deposit fees are not charged | |
| Negative balance protection, which is applied to retail accounts, available upon request for professional traders |
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.
You might also like: GV Markets Account Types Overview
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Frequently Asked Questions
How many instruments can I trade with GV Markets?
You can trade any of the following instruments:
Forex
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 a 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.
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