Duvaro Review

Duvaro review and ratings

Cuprio is offshore forex, CFD, and cryptocurrency broker established in 2022. They are incorporated in the popular offshore jurisdiction of Nevis but unfortunately do not provide service to residents of the United States and a few other countries.

Duvaro.io Review  |  What Do you need to know about this broker?

 

• Leverage: 1:300

• Regulation: none

• Min. Deposit: US$250

• HQ: Nevis

• Platforms: Desktop, web-based – Mobile

• Found in: 2022

• Instruments: Currencies, Crypto, Indices, Stocks and Commodities

 

Duvaro Social Channels and Contact Information

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We start our Duvaro review by highlighting some of the key features of this CFDs broker. Duvaro is an unregulated financial services company, offering online brokerage services, mainly, for retail traders. Duvaro offers retail investors absolute peace of mind regarding client money safety.

Not only does Duvaro strive to offer the maximum level of protection for its client’s funds, but the broker also provides everything that new and seasoned traders will need for a great trading experience – an excellent range of over 500 financial instruments, from 5 asset classes, and a great trading environment with tight spreads and fast execution speeds with no requotes.

With Duvaro traders can try their hand at the markets via the intuitive trading platform, a web-based trading platform.

Client Money Protection

Duvaro complies with the highest standards regarding client money protection. Therefore, the broker client’s funds are kept in segregated accounts.

Duvaro also complies with the client money handling rules and employs strict policies and procedures regarding the maintenance and operation of these accounts. Duvaro holds the client’s money separately from the company funds and does not use these funds for any company operational expenses or purposes.

Duvaro profile

Company Name	Duvaro
Categories	Forex Brokers
Primary Category	Forex Brokers
Year Founded	2022
Headquarters	Nevis
Office Locations	Mainstreet Charlestown, Nevis
Account Currency	EUR, GBP, USD
Support Languages	English
Funding Methods	Bank Wire, Credit/Debit Card,  Bitcoin
Financial Instruments	Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals

Duvaro is an Nevis-based CFDs broker offering investors online trading on a full suite of financial instruments, including forex, shares, indices, metals, energies and cryptocurrencies. Investors can trade the price of over 500 assets, through their trader’s oriented platforms,

Established in 2022, the  Duvaro brand, offers its customers an appealing combination of good execution speeds, partnerships with top-tier liquidity providers, robust trading platforms, a diversified product range and knowledgeable customer support, giving its clients the confidence to trade.

Duvaro is becoming a global CFDs broker and, due to its fast progression, Duvaro’s online brokerage services are now available in more than 150 countries worldwide and still growing.

Duvaro customer support service is available 24 hours, 5 days a week,. Duvaro customer services can be contacted via the phone number, email and through the or their social media accounts

Duvaro asset classes

The asset classes and available financial instruments are also one of the strong points of this CFD broker. Duvaro offers an excellent and wide range of 500+ financial instruments available for trading including forex, indices, shares, the main and most liquid cryptocurrencies and commodities – both metals and energies.

FX market: 50+ currency pairs, including all major pairs, some minor and exotic crosses.

Indices: 15 world indices CFDs, including the S&P 500, FTSE 100, NIKKEI 225, and the DAX 40.

Shares: 100+ shares CFDs for trading with the IRESS platform, from four global venues; NYSE, NASDAQ, ASX and HKEX, of top companies and banks such as Apple Inc, Facebook Inc, Alcoa Corporation, Bank of America Corporation, Aston Martin and Tesla.

Commodities: commodities CFDs available for trading;  metals – Gold, Platinum and Silver versus the USD.

Cryptocurrencies:  cryptocurrencies CFDs crosses available for trading, including Bitcoin, Ripple, Ethereum and Litecoin versus the USD.

Duvaro account types

 

	FOR BEGINNERS BRONZE	FOR ADVANCED TRADERS SILVER	PROFESSIONAL TRADERS GOLD
Min First Deposit: $/£/€/	250	2500	25,000
Account currency	USD, EUR, GBP	USD, EUR, GBP	USD, EUR, GBP
Order Execution	Market Execution	Market Execution	Market Execution
Leverage for Forex pairs	Up to 1:100	Up to 1:200	Up to 1:300
Margin Call	30%	25%	20%
Stop Out	30%	30%	30%
Desktop Trading Platform	Yes	Yes	Yes
Webtrading Platform	Yes	Yes	Yes
Mobile Platform	Yes	Yes	Yes

Duvaro simplifies its trading accounts offering with three account types – BRONZE, SILVER and GOLD, all with different leverage.

It’s also worth noting the uniqueness of the Duvaro Client Portal, for its features and client benefit:

• The Webtrader (requires no download or installation and is compatible with several internet browsers, is built into the client portal, allowing easy access for the client to switch around the tools/funding and the trading platform.
• Clients can access and see all the trades and current Equity from the Client Portal, which is a unique feature offered by Duvaro.
• There’s also a reporting tool within the Client Portal allowing users to view and export their transactions and trading history.

Duvaro demo account

With a Duvaro demo account, traders can compare this CFDs broker to its peers, and check out its product offering and trading conditions. A Duvaro demo account can also help novice traders practise their trading skills in a safe environment, without risking losing real money.

To open a Duvaro demo account traders will need to fill in a simple form with some basic information – name and surname, a valid email address, country of residence and phone number. Please note that to open a demo account, traders do not need to upload any verification document(s) to Duvaro.

After that, validate the reCAPTCHA and click the “NEXT” blue button to proceed. On the following screen, traders can select the trading platform they prefer for the demo account, the account currency, leverage ratio and a couple more tweaks.

As soon as Duvaro process all the info, traders will be redirected to the Client Portal where they will be able to manage the demo account. The next step is to download the chosen trading platform, install it, connect to the demo server, and finally, log in to the demo trading account.

The Duvaro demo account expires after, we believe 3 months, or is disabled due to inactivity after 6 months of no activity, and allows traders to test all the functions of the trading platform and the broker’s pricing on several financial instruments – forex, indices, shares, cryptocurrencies and commodities, without risking any real money.

The Duvaro demo account is 100% risk-free and the funds are virtual, including both winnings and losses, of course. It is also worth mentioning that additional funds can be added to the demo at any time, by request.

Register for free and test your trading strategies, open a Duvaro demo trading account, with no risk and no obligation, now.

Spreads and trading commissions

Duvaro’s pricing and trading costs are well-positioned in this industry, and we consider them competitive when compared with other players. The brokers offer a starting spread for the most popular cross, the EUR/USD pair, on the bronze account, is commission-free.

Duvaro deposits/withdrawals

Deposit fees: Trading accounts can be opened and funded via different deposit methods – depending on the contracting entity. Including funding with the traditional methods, cards and bank wires, Not only that, but cryptocurrency fans can also fund the trading account with BTC.

Duvaro does not charge any deposit fees and deposited funds via cards, are available within minutes.

Minimum deposit: Opening a live trading account with Duvaro can be done on the broker’s website, taking on average 5 minutes from registering an account to setting up. Duvaro minimum deposit requirement for its range of accounts is only 250 USD or the equivalent in other base currencies.

Withdrawal fees: Duvaro also waives the withdrawal fees, with processing times varying according to the withdrawal method chosen, but normally, within 3 business days. While Duvaro does not charge any withdrawal fees for e-wallets and bank wire transactions, the intermediary bank may charge a fee for processing withdrawals according to their fee structure.

Inactivity fee: Currently, Duvaro charges a 85 USD monthly account maintenance fee, if the account is inactive for more than 30 days.

What is the Duvaro minimum deposit?

Duvaro’s minimum initial deposit is 250 currency units for all accounts. Duvaro minimum deposit policy of 250currency units applies to live accounts opened with any of the group’s entities and for all accepted base currencies.

What are the Duvaro leverage ratios?

Duvaro leverage ratios, for retail traders, depending on the contracting entity and the asset class.

For a complete overview of Duvaro’s maximum leverage ratios, per asset class, clients see their website

Duvaro review – final considerations.

We conclude our Duvaro review with the final considerations regarding this CFD broker. Duvaro stands out for being a strong and new broker offering an excellent range of tradable financial instruments, especially for investors looking to trade CFDs.

With Duvaro traders are allowed to hedge, scalp, swing or position trade, use EAs for automated trading, with no restrictions, all merged with competitive pricing and fast execution speeds via reliable trading platforms, available for desktops running Windows, macOS, and mobile devices running Android and iOS.

Overall, the level of safety for retail client’s funds offered by the broker, together with an always popular policy of no fees on deposits & withdrawals and a low initial deposit of 250USD, or the equivalent in other base currencies, position this CFDs broker on the top brokers for popularity with traders opening a trading account in 2022.