My aim with this survey is to provide everything that any trader needs to know about CVMarkets, my preferred trading platform. The reason I’m elaborating about my participation in this broker is that I’m aware of how baffling and startling it can be when someone new enters the trading world. I didn’t know much when I started my quest for the best trading platform on the internet. However, with the help of online surveys and advice from family and friends, I was able to find a genuinely viable Forex trading platform.
I’ll go over what I think any beginner needs to look for in a platform to ensure it is cost-effective, has more account types, tight security, advanced tools and features, a simple format, and dependable client service. CVMarkets was one of the places where I found all of the highlights that I listed. Let’s start with the platform and format of the trading platform.
Trading Platform Layout
The trading platform format is important because I don’t want to be lost when looking for specific features, diving deep into the pages. I wanted a format that was visually appealing, easy to follow, and had fewer joined pages. CVMarkets works very hard to ensure that almost all the important features are available on the front page for their clients. The only issue I faced with the platform’s outlook was its dark-contrasted theme. That led me down as I couldn’t properly focus on the content written, especially the charts. Besides this, I found that platform has used some 3D work in their web pages, which were quite interesting and made the whole outlook unique and stand out.
The live chat option is available in the bottom right corner; it is embedded in almost all the pages of the website. One more thing I’d like to point out is that CVMarkets only offers English as a language option on their website. It would have been nice if there were more language options like French, German, etc., so, that my other companions could also enjoy this platform at ease.
All of the features were laid out in the front pages as main headings like;
- Trading Platform: In this section, I was directed towards their trading chart. What I liked about this was that the access to the chart was free of cost. The trading chart has some great features like an assortment of my assets. I was able to sort out my assets according to my preference like by name, trend, and daily change %. Assets were sub-divided into the categories of Indices, stocks, Forex, crypto, commodities, or all.
- Education center: This section has all the e-books that render to the needs of any trader. Although, I found that they have fewer e-books for advanced users as compared for beginners. Along with these, there is a sub-section of a glossary, which has all the trading terminologies and their explanations and a FAQ section.
- Account Types: I used this section when I finally decided to become a member of this platform after my investigations.
- Info: This holds 2 sub-sections: “Contact us” and “About us”.
I’d looked through several sites and was disappointed to discover that some didn’t have a range of account types. CVMarkets seemed safe to me because there are six different account types I could choose from. The various account types and their different minimum deposits are implemented so that various traders with varying levels of experience can find the one account that complements their skills.
- Self-Manage, € 250+ Min. Balance
This account type has the fewest highlights. Market Review and Improved Leverage up to 100 are available. This account will benefit brokers who are unsure about their decision to use this platform or traders who have little experience with trading at all. By obtaining this account, they will be able to learn all there is to know about CVMarkets. My suggestion is to choose an account thay includes an account supervisor and more training materials, so that new brokers, as well as those with more experience, will benefit more.
- Basic, €5000+ Min. Balance
I found the Basic account to be more practical because it includes a dedicated account manager, basic spreads, and leverage up to 200, a level 3 trading room, a trading bonus, a Special venture, and a market analysis. To begin with, this seems to be a much better option to me.
- Gold, €10,000+ Min. Balance
Gold spreads, level 2 trading space, financial planning, risk planning, private analysts’ sessions, and prioritized withdrawal, are all included in the Gold account. This is the account form for which I started my CVMarkets enrollment. I was searching for private meetings with the expert to study my trading systems and have a one-on-one discussion with the investigator to get more anticipated benefits. My account supervisor was often preoccupied due to his large number of clients, but he made every effort to ensure that my meetings with him were packed with information and meaningful conversation.
- Platinum, €25,000+ Min. Balance
The Platinum account comes with platinum spreads, leverage up to 300, and full access to the trading rooms, and invitations to VIP events. The best part about this account is that the minimum deposit cost is still very low. I’ve encountered many sites that demand a higher fee. As a result, whether I needed a higher account with CVMarkets or not, I didn’t have to worry about the cost is prohibitively high.
- Diamond, €50,000+ Min. Balance
Until now, the Diamond account has been my favorite. I changed my account type about a month ago because I was looking for more features and a Bitcoin package for the trading room. The diamond account comes with leverage up to 400, diamond spreads, and a trading room: Bitcoin package. I’m happy I decided to change my account type.
Currently, I stand out enough to be heard by my account manager when taking advantage of VIP events. To take advantage of all of the benefits of trading with CVMarkets, this account type would be best to start with. In this account, I found nothing difficult to handle. I was relieved to discover that my account supervisor and private analyst sessions were usually as pleasant and on time as I had hoped.
- Libra, via Invitation Only
The importance of payment methods cannot be overstated. I always make sure that my preferred choice is available on the site and that I do not encounter any deposits or withdrawal issues. Although I would have preferred for the platform to include PayPal in their list of payment options, they do have a good selection. Presently for any type of trading, I use Bank wire which is extremely effective. Following are the payment methods that I discovered on CVMarkets;
- Bank Wire
Except VLoad, I’ve tried all of their payment methods, and all of them have consistently been excellent. I never had any issues since all of my deposits and withdrawals were completed on time, and the platform ensures that consumers are aware of how long their trades will take. It doesn’t take too long, thankfully.
When it comes to online trading, security is extremely important. I wanted to have faith in the platform enough to put more money aside and protect my investments. I never had any doubts about CVMarket’s ability to protect me because they taught me everything I needed to know about the platform’s security right from the start. As I was registering, they requested that I acknowledge their terms and conditions and their security strategy. What’s more, while I was perusing the site at the lower part of the first page, I discovered all strategies identified with security.
The platform works with the accompanying security conventions;
- Terms and Conditions
- Security Policy
- Reward Policy
- Against Money Laundering Policy (AML)
- Know Your Customer (KYC)
- Withdrawal, Refund, and Cancellation Policy
It will be extremely difficult to navigate the network without the assistance of client support. Along these lines, I attempted to examine this section as well. When I first started trading, I knew I would need some guidance from time to time. I can’t emphasize enough how important it is to have authentic, genuine brokers for live chat. A bot will never respond reasonably. I was relieved to learn that CVMarkets has some knowledgeable brokers on the other end of the line with clients all over the world. In this way, I was able to contact their client support by call, United Kingdom +443300272309, and Australia +61894688512. However, I felt like they could add more countries to their phone service.
I believe I’ve covered the majority of the highlights to which any trader should pay particular attention. I’ve been a client of this platform for quite some time now, and I’m always awestruck by their services. Few outlets will match the scope of services that CVMarkets has managed thus far. I hope to remain a loyal customer of this platform.