CVMarkets Review 2021 – Worthwhile investment or not?

If you are a trader who has just joined the forex business, you have not seen the era when forex was unregulated to an extent that people were forced to give up. Although, we cannot say it has been regulated fully now but it is a lot better than how it used to be. With governments developing regulatory authorities and taking strict actions against imposters, things have got better. But unfortunately, even today survival remains to be fairly hard especially for the new traders. Fake forex firms know your weakness very well and hence can manipulate you very without you realizing it.

All these years that I have spent trading, I have seen that the new traders don’t like to make a move and figure out all the stuff themselves. They are always looking up to people to guide them and this is what makes most of them fail in attaining success. You all should keep it in mind forever that no one can judge your needs the way you can and hence it is you who can make the best decisions for yourself. I pretty much understand that some of you continue trusting others because of a lack of guidance but this isn’t the right way. It would be right to say that I can relate to what you all are going through because I have suffered a lot many times at the hands of these fake firms myself and this gives me an idea regarding how stressful it might get.

Keeping in mind all of the struggling traders, I have decided to review my forex firm CV Markets. The review below will not only point out the pros and cons of my forum but will guide you on how to pick the right broker.  Before starting the review, I would like you to know me a little. I am a trader just like most of you reading this. I  have been trading for 8½ years now and I have seen many traders come and go. People all around the globe associate a lot of wealth and well-being with trading but I would say I have seen no one struggle the way traders do. And particularly in today’s time when both competition and fake forex firms are at peak, I must say making a living has become hard. You can spend weeks and months trying to see if a broker is reliable and still end up in the hands of fraudulent companies.

I am not putting it out to disappoint you all, in fact, I want you all to be aware of the ground realities because only then you can act upon the flaws or threats. The review below will be from someone who has been to around 4 fake forex firms before joining CV Markets. These 4 firms have been of no good to me except that they let me analyze my firm better. I can compare my firm to others online and see where mine lacks and if there’s any margin of improvement. Let’s start with the review of the broker with the hope that by the end you’ll know what a trader should look for or wants from a forex firm. I’ll keep discussing the specs in terms of pros and cons.

Pros

Overall Look

The overall look is one of the most ignored factors by the young traders and they only realize how big of a mistake it is after they need to perform trading procedures like charting. The first time I opened the website I was particularly impressed by the aesthetics. I liked the colour scheme of the page which had different shades of blue and white in play. I must say, I am not a huge fan of dark backdrops but after landing on the main page I could not only appreciate how good everything looked with dark blue-black colour. Also, the important options have been highlighted with colours that stand out. The graphics and images add to the attractiveness of the page and make it even more engaging. I appreciate how there is no need for directions or videos to learn how to operate the website, only because of its self-explanatory nature.

Efficiency

Although the term is small itself, it has a lot to it. The efficiency of a broker has everything to do with its success. When I refer to the efficiency of the broker here, I mean everything from order execution to the instrument and predicting the tool’s efficiency. I also refer to the payment transfer and privacy. I have seen that when it comes to sensitive matters which are more of touchpoints to traders, the company is not ready to make any compromises. I have observed that the firm has employed high-tech and advanced computers and has a well-developed and unbreachable security network which makes the overall working environment not only safe but also promotes better performance.

Before joining the firm, I carried out thorough research and I was astonished how all the people I inquired from said that they had never heard of any security breach news coming from CV Markets and now I know when a firm is this much dedicated to providing you with a secure atmosphere, there is no way imposters can sneak in. I would also like to mention how with one of the previous brokers, I always had to face a huge delay after I hit the buy or sell key till the order was actually executed and I ended up paying way more than the actual value many times. Fortunately enough, this isn’t the case at CV Markets.

Education

I have always been a firm believer that a good firm doesn’t only want you to make money but also wants us all to grow and learn. This growth is accelerated if the traders are educated with the right material and to-the-point information. This platform also provides you with one of the best educational resources and that too free of cost. All you need to do is open the website and go to the Education segment. There you’ll find FAQs, Ebooks, Asset Index, and Glossary. I keep going back to them almost every other day because I am aware of how fruitful they are.

My favourite out of all of these is the Ebooks one. Although the other three are also well developed, they provide you with authentic first-hand information and save time but the ebooks section is where I spend most of my time. The books cover all important and contemporary topics that remain untouched mainly. There are more than 10 books uploaded. I love how these provide valuable information to both the young and the new traders. You need not go through the entire book to see what it is about because there is a small description at the bottom that clearly states the gist. I hope the company adds more books and keeps updating the section often.

Cons

Language

CV Markets is known throughout the trader community for being considerate about diverse traders and their even diverse needs. But unfortunately, they have not made the website available in any language apart from English and this needs to be worked on. Although a huge chunk would like to use the English version, the other small fraction shouldn’t be ignored.

Date and Time and Stocks Bar

Being a trader, there are times when you want to have the required information at a glance. This allows a trader to make well-timed and relatively risk-free decisions. I have always relied on the date and stock bar for such information. However, it isn’t available on the CV Markets website currently and I hope it is introduced soon because it makes decision-making considerably easy. Also, you need not go and check the trends in the stock market so it saves time. I hope to hear soon from the company in this regard.

Dark Background

As I have already mentioned above, I am not a huge fan of dark backgrounds. Although the one here looks great, it can sometimes be troublesome when performing complex charting operations. This is why I would recommend that the firm either makes it lighter or considers making it a matter of choice for the consumers by adding a small option to opt for the colour of your choice.

Concluding Remarks

Although I have tried my best to put up as much as I could in the review above, there is a lot more good that could not be included. I must say all of these features above have joined the right way to provide me with the best at the CV Markets. I will not deny how some points need to be addressed urgently, but I must say none of the cons have really made my trading any harder.

Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation.

Thanks : The Posting Tree