Score
Saint Vincent and the Grenadines
|
5-10 years
| https://www.svofx.com
Website
Rating Index
Influence
D
Influence index NO.1
Japan 2.31
Saint Vincent and the Grenadines svocap.com
svofx.com
VIP is not activated.
| SvoFX Review Summary | |
| Founded | 2017 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | ASIC/VFSC (Revoked) |
| Market Instruments | Forex, CFDs, cryptos |
| Demo Account | ✅ |
| Leverage | Up to 1:2000) |
| Spread | From 1.0 pips (Standard account) |
| Trading Platform | Svo Trader |
| Copy trading | ✅ |
| Minimum Deposit | $5 |
| Customer Support | Email: support@svofx.com, info@svofx.com |
| Regional Restrictions | Hong Kong, Canada, Singapore, and the United States |
SvoFX is an unregulated broker, offering trading on forex, CFDs and crypto with leverage up to 1:2000 and spread from 1 pip on the web-based trading platform. The minimum deposit requirement is $5.
| Pros | Cons |
| Copy trading offered | Revoked regulation |
| Demo accounts | No MT4/MT5 platform |
| Low minimum deposit requirement | Only email support |
| Popular payment options | Commission fees charged |
| Regional restrictions |
Yes. SvoFX is licensed by ASIC and VFSC to offer services, but the licenses are revoked.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Australia Securities & Investment Commission (ASIC) | Revoked | SVODA GLOBAL MARKETS PTY LTD | Appointed Representative(AR) | 001275169 |
 | Vanuatu Financial Services Commission (VFSC) | Revoked | SVO CAPITAL LIMITED | Retail Forex License | 700464 |
SvoFX offers trading on forex, CFDs and cryptos.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Cryptos | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Here are two account types SvoFX offers:
| Account Type | Minimum Deposit |
| Standard | $5 |
| Professional | $100 |
| Account Type | Maximum Leverage |
| Standard | 1:2000 |
| Professional | 1:100 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
| Account Type | Spread | Commission |
| Standard | From 1 pip | ❌ |
| Professional | From 0 pips | FX/indexes: $2/lot, CFDs: $2.5/lot (One way) |
Non-Trading Fees
SvoFX requires a withdrawal fee of $25.
| Trading Platform | Supported | Available Devices | Suitable for |
| Svo Trader | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
SvoFX accepts deposit payments via bank transfer, credit card/crypto and web3.0 token.
Clients can withdraw only by bank transfer.
Deposit Options
| Deposit Options | Minimum Deposit | Deposit Fees | Deposit Time |
| Bank Trasfer | $5 | ❌ | 1-3 business days |
| VISA | Instant | ||
| MASTER | |||
| AMEX | |||
| DISCOVER | |||
| USDC | |||
| USDT-ERC20 | |||
| USDT-TRC20 | |||
| Google Pay | |||
| Alipay | |||
| Ethereum Mainnet |
Withdrawal Options
| Withdrawal Option | Minimum Withdrawal | Withdrawal Fees | Withdrawal Time |
| Bank Transfer | $100 | ❌ (Bank transfer fee of $25 will be charged.) | 1-3 business days |
The $25 minimum deposit feels accessible and encourages me to start easy forex trading without risking too much capital, especially when testing new strategies or exploring easy forex bonus promotions.
Withdrawals via bank transfer typically took me 1 to 3 business days. During holidays, it might take longer, so it’s good to plan ahead.
Deposit options are quite varied: bank transfer, credit cards (VISA, MasterCard, AMEX), USDT (ERC20, TRC20), Ethereum mainnet, Google Pay, and Alipay. This flexibility helped me deposit easily. Withdrawals, however, are only through bank transfer, which is a bit limiting.
The spread on the standard account starts at 1.7 pips, and for VIP or MT5 accounts, it drops to 0.7 pips. As someone trading actively, I pay close attention to these spreads since they directly impact my profit margins in easy forex trading.
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