GV Markets Reviewed

Overall GV Markets is a trustworthy and worthwhile broker. GV Markets is a South African-based forex and CFD broker that offers trading solutions to retail and professional traders. GV Markets has been in operation since 2010 and has a dedicated development and management team with over 30 years of experience in the financial environment.

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 review below.

GV Markets Review – 18 key points quick overview:

1. ✔️Who is GV Markets?
2. ✔️GV Markets Safe or scam
3. ✔️GV Markets Leverage
4. GV Markets Accounts
5. GV Markets Market instruments
6. GV Markets Fees
7. GV Markets Deposit and withdrawal
8. GV Markets Trading platforms
9. How to open a GV Markets account
10. GV Markets Customer support
11. GV Markets Education
12. GV Markets VS AvaTrade vs FBS – Comparison Table
13. GV Markets Research
14. GV Markets Awards
15. GV Markets Pros and cons
16. Conclusion
17. Disclaimer
18. Frequently Asked Questions

In addition to this, GV Markets offers a comprehensive affiliate program, negative balance protection, stop-loss instruments, and free VPS hosting that is customized according to individual clients’ needs and objectives.

Who is GV Markets?

According to research in South Africa, GV Markets is a South African-based forex and CFD broker that offers trading solutions to retail and professional traders. GV Markets has been in operation since 2010 and has a dedicated development and management team with over 30 years of experience in the financial environment.

GV Markets is a broker that works according to an STP execution model, giving traders some of the best liquidity in the industry at the lowest possible fees. GV Markets offers a wide range of tradable financial instruments that are spread across several asset classes, all of which can be traded through the powerful MetaTrader 5 trading platform.

GV Markets has tailormade trading solutions and a wide range of advanced, powerful trading tools that help traders refine their trading and add a competitive edge in rapidly changing financial markets. In addition to this, GV Markets offers a comprehensive affiliate program, negative balance protection, stop-loss instruments, and free VPS hosting that is customized according to individual clients’ needs and objectives.

GV Markets Safe or scam

When traders evaluate brokers, regulation is one of the most crucial components that must be considered. Regulated brokers are required to comply with stringent rules and regulations set by regulatory entities and through this, client fund security can be ensured. GV Markets is based in Pretoria, South Africa, and is well-regulated and licensed under the name Ribova Holding Investments with the Financial Sector Conduct Authority (FSCA) as a Financial Service Provider (FSP) with license number 48213.

GV Markets ensures client fund security by keeping funds in segregated accounts with top-tier banks, and the GV Markets website is secured with innovative security protocols and software, ensuring that client data and information is always protected.

GV Markets Leverage

Leverage is a tool that is offered by numerous brokers to traders. With leverage, traders can open larger positions, allowing traders more exposure to the market in which they are trading despite their initial deposit. GV Markets offers traders to leverage up to a maximum of 1:500.

GV Markets Accounts

GV Markets offers traders one standard retail trading account that has comprehensive features to cater for both beginners and professional traders, regardless of their trading style, trading strategy, needs, or objectives.

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

GV Markets Market instruments

GV Markets offers the trade in the following financial asset classes:

➡️️​ Forex – major, minor, and exotic pairs

➡️️​ Commodities such as gold, platinum, copper, oil

➡️️​ Indices including the UK100, S&P500, Dow Jones, and several others

➡️️​ Stocks including South African stocks, US Stocks, and European stocks

➡️️​ Cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, and more

GV Markets Fees

Another crucial factor that traders must consider when evaluating a broker is the fees that they will incur. These fees relate to both trading and non-trading activities and actions.

Trading Fees

One of the first fees that traders will encounter concerns a minimum deposit fee which is paid after the trader has completed account registration. GV Markets charges a standard minimum deposit of 100 ZAR when traders register an account. Traders are not charged any commissions when they trade with GV Markets, and traders can expect a marked-up spread from 0.1 pips EUR/USD.

GV Markets also charges overnight fees that are calculated according to the financial instrument, position size, the duration that the position is kept open, and will depend on whether the trader holds a long or short position, with swaps debited on long positions and credited with short positions. The typical swap fees charged on EUR/USD is -12 on Long and -4 on Short positions.

Non-trading fees

Where non-trading fees are considered, traders must consider fees relating to account inactivity, deposit and withdrawal fees, account management and maintenance fees, currency conversion fees, and others.

GV Markets does not charge an inactivity fee when the trading account goes dormant. There are no deposit fees, account management or maintenance fees charged, and currency conversion fees will depend on the currencies in which traders make deposit/withdrawals apart from USD, EUR, GBP, and ZAR.

Traders can expect some withdrawal fees when they remove funds from their trading account with GV Markets.

GV Markets Deposit and withdrawal

When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider.

GV Markets offers traders the following ways through which deposits and withdrawals can be done:

➡️️​ Bank Wire Transfer

➡️️​ Electronic Funds Transfer through Ozow

➡️️​ Visa

➡️️​ Neteller

➡️️​ Skrill

GV Markets Trading platforms

GV Markets offers the use of MetaTrader 5 which is a strong contender among comprehensive trading software. MetaTrader is well-known for its innovative and powerful trading technology and a wide range of useful, comprehensive features, including some of the following:

➡️️​ Trading Signals

➡️️​ The option of using trading robots

➡️️​ Virtual hosting

➡️️​ A flexible trading system with a plethora of analytical tools

➡️️​ Access to more than 100 charts and 21 timeframes

➡️️​ More than 80 technical indicators, analytical tools, graphic objects, and more

➡️️​ A marketplace that has over 2,500 ready-made algorithmic applications

➡️️​ MQL5 programming language that allows the trader to create their own indicators

How to open a GV Markets account

To register for a GV Markets account, traders can follow these steps:

Step 1 – Visit the GV Markets website.

Go to the official GV Markets website.

Step 2 – Click on the “Start Now” tab.

Locate and click on the “start now” tab to start the process of opening an account.

Step 3 – Fill in your personal details.

fill in all the requested details to open your account.

Step 4 – Your account has been created

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

GV Markets Customer support

GV Markets offers customer support 24 hours a day, 5 days a week through the following communication channels:

➡️️​ Telephone

➡️️​ Live Chat

➡️️​ Email

GV Markets Education

GV Markets is still working on providing educational tools, materials, and resources on its website through an educational section and Help Centre.

GV Markets VS AvaTrade vs FBS – Comparison Table

GV Markets Research

GV Markets provides the following research tools, materials, and resources:

Currency converters

Trading calculators

Economic Calendar, and more.

GV Markets Awards

GV Markets does not list any awards or recognition on the official website.

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.

GV Markets offers traders access to a choice of financial markets in which they can trade, providing traders with a diversified trading portfolio. While GV Markets applies mark-up to spreads, it means that traders can enjoy commission-free trading across the board.

Disclaimer

GV Markets warns potential customers that Forex and CFDs trading carries a substantial risk and may not be suitable for all investors. Before deciding to trade with GV Markets, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

GV Markets warns that margin trading involves the potential for profit as well as the risk of loss. Movements in the price of foreign exchange and commodities are very unpredictable, hence GV Markets cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

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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.