GVD Markets Review
GVD Markets in a nutshell
GVD Markets presents a guarded risk profile: it holds a CySEC licence (positive) but also two FSA Seychelles licences (offshore, less oversight). The maximum leverage of 1:2000 is high and amplifies risk. Limited public disclosure of trading conditions further reduces transparency. The FXCanary Scam Risk Score of 47/100 reflects these concerns. Traders should approach with caution and verify all details independently.
FXCanary rates GVD Markets at 47/100 scam risk (Moderate risk), based on regulation & licensing, fund-safety signals, company transparency, complaint history and real user feedback.
See the open scoring breakdown →
Pros
- Traders comfortable with high leverage (up to 1:2000)
- Traders wanting a CySEC-regulated EU broker with offshore options
- Experienced traders who understand multi-entity structures
Cons
- Beginners seeking low risk and full transparency
- Traders avoiding offshore regulators (FSA Seychelles)
- Those preferring clearly disclosed trading conditions
Regulation & licenses
Every licence on file for GVD Markets, as cross-checked by FXCanary against public regulatory registries.
| Regulator | Type | Licence no. | Status | Country |
|---|---|---|---|---|
| CYSEC | Forex Execution License (STP) | 411/22 | — | Cyprus |
| FSA | Derivatives Trading License (EP) | SD061 | — | Seychelles |
| FSA | Derivatives Trading License (EP) | SD210 | — | Seychelles |
Account types & conditions
Account tiers and trading conditions on record for GVD Markets.
| Account | Min. deposit | Max. leverage | Min. spread | Commission |
|---|---|---|---|---|
| Pro | USD10000 | 1:2000 | -- | 7 |
| Premium | USD2500 | 1:2000 | From 0.8 | -- |
| Standard | USD250 | 1:2000 | From 1.0 | -- |
| Cent | USD25 | 1:500 | From 1.5 | -- |
GVD Markets is a forex and CFD broker based in Cyprus, with records dating to 2021-03-04. It reports oversight from CYSEC, FSA.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
On Trustpilot, GVD Markets holds a real-user score of 2.9/5 across 2 reviews. Withdrawal problems appear 20 times — always test a small withdrawal first.
Finally, beware of impersonation: we tracked 1 clone website(s) copying GVD Markets. Always reach the broker through its verified official domain, never via links in ads or messages.
What real traders report
Aggregated from 2 independent reviews across Trustpilot and Forex Peace Army.
- Platform & app · 9 mentions
- Spreads & fees · 7 mentions
- Customer support · 5 mentions
- Profit / payouts · 5 mentions
- Speed · 5 mentions
- Deposits & funding · 3 mentions
- Withdrawals · 3 mentions
- Scam concerns · 2 mentions
Scam-risk findings
- 16 user exposure/complaint reports filed
- Withdrawal complaints in ~80% of recent reviews
Our scoring method is published in full and weighs regulation, fund safety, company age, clone reports, complaints and independent reviews. FXCanary takes no payment from any broker it rates.