CVC GLOBALS

CVC GLOBALS is an online forex and CFD broker registered in Indonesia, established on July 11, 2023. The company is headquartered at Satrio Tower 16th, Jl. Dr Satrio Kuningan, Jakarta.

As a relatively new entrant in the brokerage space, CVC GLOBALS aims to provide trading services across multiple asset classes including forex, metals, energies, and indices. The broker operates under its official domain cvcglobals.com and targets retail traders.

Based on available records, CVC GLOBALS does not hold any regulatory licence from a recognised financial authority. The firm is registered in Indonesia, but the absence of a supervisory licence means there is no external oversight of its operations.

Traders dealing with unregulated brokers face increased risk, including lack of investor protection, no recourse to a financial ombudsman, and potential issues with fund segregation. FXCanary strongly cautions traders about engaging with unregulated entities.

CVC GLOBALS offers three main account types: Crypto, Raw Spread, and Micro. The Crypto account requires a minimum deposit of USD 500 and provides a maximum leverage of 1:5, likely tailored for cryptocurrency trading with lower risk.

The Raw Spread account also requires USD 500 minimum deposit but offers leverage up to 1:400, suitable for traders seeking tighter spreads. The Micro account has a lower entry barrier of USD 200 and the highest leverage of 1:500, appealing to novice traders with small capital.

The broker provides access to a range of asset classes including forex, metals, energies, and indices. This selection is standard for many CFD brokers, allowing traders to diversify across global markets.

Forex trading likely covers major and minor currency pairs, while metals may include gold and silver. Energies might feature crude oil and natural gas, and indices could include popular benchmarks like the S&P 500 or FTSE 100. However, without verified product lists, the exact offerings remain subject to the broker's website.

CVC GLOBALS carries an FXCanary Scam Risk Score of 75 out of 100, categorised as 'Severe'. This high score reflects the broker's lack of regulatory authorisation, its very recent incorporation, and the absence of independent user reviews.

The availability of leverage as high as 1:500 poses significant risk of rapid capital loss, especially for inexperienced traders. Combined with the unregulated status, traders should exercise extreme caution or avoid this broker altogether.

The broker appears to target both beginners and experienced traders, given the range of account types and deposit levels. The Micro account with low minimum deposit and high leverage may attract retail clients with limited funds but high risk appetite.

However, due to the regulatory concerns, CVC GLOBALS is not suitable for risk-averse traders or those who prioritise fund security. Only highly experienced traders fully aware of the risks should consider engaging with such a broker.