Clear Vision Wealth Review: Avoid broker cvw-management.group (Scam Alert)

 
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Clear Vision Wealth aka cvw-management.group says they can help guide your financial journey towards a bright and secure future. CVW Management Group wants the trading community to believe that the platform unlocks wealth potential in individuals using the company’s range of account types which they refer to as “packages”.

During our assessment of Clear Vision Wealth broker website, we took note of their numerous promises to traders as well as the supposed education feautures which the broker is offering to “help” people unlock their wealth potential. They also stated in their terms and conditions that these packages are paid-for and traders can only request for refunds if they have not consumed more than 50% of the education material.

However, when you sign up with CVW-management.group to commence your trading with them, you will not find the alleged education material on the client portal. Also, there’s a mix up here in the sense that the broker is not clear on whether the account deposit is for trading purposes or fees for education.

In summary, CVWManagement Group is selling the following products in their packages:

1.Weekly trading signals

2.Trading and education sessions with their “expert analyst”

3.Access to hundreds of assets for trading

That said, we don’t feel very confident that CVW-management.group will treat their clients in the same manner that professional Forex brokers do. Red flags abound, and even the live chat function is not working.

General information about CVW-management.group broker

Websitehttps://cvw-management.group/
CompanyClear Vision Wealth (unverified company)
Emailcontact@cvw-management.group
LocationUndisclosed
Phone numberNone
LicenseNone
AssetsForex and CFDs
Trading platformAn unfamiliar trading platform
Clear Vision Wealth general information

A review of Clear Vision Wealth broker website and client portal

In general, we didn’t have problems with how the website or client portal of this broker is designed. It looks profession and quite easy on the eye. Words are legible enough and the entire face of the broker gives the impression that CVW-management.group is potentially serious about helping Forex traders succeed. However, we can’t ignore the numerous red flags.

Clear Vision Wealth broker review
Clear Vision Wealth broker website

The client portal of Clear Vision Wealth broker is simple too. Once you sign up, you can edit your user profile, banking information or make an application to become an introducing broker. The “become an IB” feature is for traders who want to make money by promoting this broker’s services, and this is not relevant to most of us.

We noted that CVW-management doesn’t collect KYC documentation. Most brokers want this information in order to verify your identity in line with regulatory guidelines. This is something that Clear Vision Wealth has ignored nonetheless.

From the client portal, we can open as many live accounts as we want. There is a demo account feature which is not functional at this time. We tried to open a demo account but couldn’t. This is absurd because a demo account is something that all brokers should offer if they’re serious about helping new traders achieve success.

Since something as basic as a demo account is missing, we can conclude that CVW management is unable to help with or guide your financial journey towards a bright and secure future. This is a promise that they make but can’t fulfill. It’s absurd.

CVW-management.group trading platform

The trading platform of this broker is unfamiliar to us. Nonetheless, it serves the purpose for which this broker built it for. Through the trading platform, we have access to a wide range of tradeable instruments. Assets that can be traded here include Forex, Crypto, Commodities, Stocks and indices. They are in their hundreds.

clear vision wealth broker trading platform
CVW-management.group trading platform

While we interacted with CVW management trading platform, we noticed that it was user-friendly and crisp clear. The charting application comes with a long list of technical indicators but it’s also important to know that this broker doesn’t support third-party expert advisors or trading indicators.

Is Clear Vision Wealth a scam broker?

Having expressed our opinion about the website in general, we still feel that this broker is a scam. There are solid reasons why we are of that opinion.

The following are reasons why you should never consider using Clear Vision Wealth for your trading.

1.The broker doesn’t provide their license number on their website. This is a requirement for all Forex brokers to openly display their license. It appears that Clear Vision Wealth is unregulated and such a broker is a risk to traders of all experience levels.

2.The broker is unwilling to disclose their physical address. This is a red flag because only scam brokers who are unregulated prefer to hide pertinent information rather than display it openly. They prefer to run their illegal operations anonymously so that even when their activities raise suspicion, tracing them becomes a little bit difficult.

3.The broker is claiming to provide trading education as well as weekly signals. Clear Vision Wealth also states in their terms and conditions that they charge fees for their trading education. However, when we signed up, we didn’t find the stated education material and the broker is also shying away from openly disclosing the fees associated with their supposed trading education. Furthermore, their weekly trading signals seem to be a scam. No track record of their signals can be found anywhere on their website.

4.CVW-management.group is a very new website. The website is less than 1 month old (as at the time of writing this review). In other words, this broker doesn’t have any track record to rely on. Trading with an unlicensed broker who just launched a website the other day is not a good idea. They are likely to defraud you.

The Pros and Cons of trading with cvw-management.group

Pros

  • Just a professional website and a crisp-clear trading platform

Cons

  • An unlicensed Forex broker
  • No physical address
  • Ownership information is not displayed either
  • The broker lacks transparency as they don’t want to discuss the fees associated with their supposed education
  • A very new website with no track record
  • No client reviews either

Summary of the cvw-management.group review

It would be a grave mistake considering this broker for your trading. Even though their website looks promising, the reality is that this broker’s website is full of red flags that can be costly if ignored. We don’t feel comfortable trading with an unlicensed broker who is also not willing to disclose their identity or physical address. Their lack of KYC implimentation also means that Clear Vision Wealth is not willing to comply with regulatory requirements. Such a broker doesn’t sound honest. If you give them your money, you are likely to lose your investment.

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