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Home -
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SvoFX -

Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

SvoFX

Saint Vincent and the Grenadines | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | Australia Appointed Representative(AR) Revoked | High potential risk

https://www.svofx.com

Website
Time Machine

Rating Index

Influence

Influence

D

Influence index NO.1

Japan 2.77
Surpassed 15.70% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

support@svofx.com
https://www.svofx.com
First Floor, First St. Vincent Bank Ltd, James Street Kingstown, St. Vincent and the Grenadines.

Licenses

Appointed Representative(AR)

ASIC Revoked

Australia AR

Retail Forex License

VFSC Revoked

Vanuatu Retail Forex License

Warning: Low score, please stay away!
2025-06-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
5

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
5-10 years
Company Name
SVOFX LTD
Customer Service Email Address
support@svofx.com
Company Website
https://www.svofx.com
Company address
First Floor, First St. Vincent Bank Ltd, James Street Kingstown, St. Vincent and the Grenadines.
Account
Funding
Biz Area
Website
Genealogy
Relevant Enterprises
Company Summary
Comment

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Website

svocap.com
157.7.184.14
svofx.com
3.1.190.167

Genealogy

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Relevant Enterprises

SVODA GLOBAL MARKETS PTY LTD(Australia)
Deregistered
Australia
Registration No. 632491411
Established 2019-03-25
Related sources Website Announcement

Company Summary

SvoFX Review Summary
Founded2017
Registered Country/RegionSaint Vincent and the Grenadines
RegulationASIC/VFSC (Revoked)
Market InstrumentsForex, CFDs, cryptos
Demo Account✅
LeverageUp to 1:2000)
SpreadFrom 1.0 pips (Standard account)
Trading PlatformSvo Trader
Copy trading✅
Minimum Deposit$5
Customer SupportEmail: support@svofx.com, info@svofx.com
Regional RestrictionsHong Kong, Canada, Singapore, and the United States

SvoFX Information

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.

SvoFX Information

Pros and Cons

Pros Cons
Copy trading offeredRevoked regulation
Demo accountsNo MT4/MT5 platform
Low minimum deposit requirementOnly email support
Popular payment optionsCommission fees charged
Regional restrictions

Is SvoFX Legit?

Yes. SvoFX is licensed by ASIC and VFSC to offer services, but the licenses are revoked.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Australia Securities & Investment Commission (ASIC)RevokedSVODA GLOBAL MARKETS PTY LTDAppointed Representative(AR)001275169
Vanuatu Financial Services Commission (VFSC)RevokedSVO CAPITAL LIMITEDRetail Forex License700464
SvoFX license
SvoFX license

What Can I Trade on SvoFX?

SvoFX offers trading on forex, CFDs and cryptos.

Tradable Instruments Supported
Forex✔
CFDs✔
Cryptos✔
Bonds❌
Options❌
ETFs❌
SvoFX products

Account Type

Here are two account types SvoFX offers:

Account TypeMinimum Deposit
Standard $5
Professional $100
Account Type
Account Type

Leverage

Account TypeMaximum 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.

SvoFX Fees

Account TypeSpreadCommission
Standard From 1 pip❌
Professional From 0 pipsFX/indexes: $2/lot, CFDs: $2.5/lot (One way)

Non-Trading Fees

SvoFX requires a withdrawal fee of $25.

SvoFX Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Svo Trader✔Mobile/
MT4❌/Beginners
MT5❌/Experienced traders
Trading Platform

Deposit and Withdrawal

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 DepositDeposit Fees Deposit Time
Bank Trasfer$5❌1-3 business days
VISAInstant
MASTER
AMEX
DISCOVER
USDC
USDT-ERC20
USDT-TRC20
Google Pay
Alipay
Ethereum Mainnet

Withdrawal Options

Withdrawal OptionMinimum Withdrawal Withdrawal Fees Withdrawal Time
Bank Transfer$100❌ (Bank transfer fee of $25 will be charged.)1-3 business days
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Australia Appointed Representative(AR) Revoked
  • Vanuatu Retail Forex License Revoked
  • High potential risk

User Reviews 3

All (3) Neutral (1) Exposure (2)
FX1305625852
3-5 years
Exposure
SVOFX IS A SCAM!!!
First of all, I said to take me to manage money and then I want to deposit, then I asked the customer service, and then the customer service provided a bank account and then asked you to bank transfer, and then said that the link to the gold payment was downloaded for me, the so-called SVOFX hi remittance, I earned it the first night and then After the cash was received, I went to the top and cast 36,500 back and forth. Anyway, when I think about it now, I don’t understand why I was deceived by 36500 when I believed the scammer. After three days, the SVOFX customer service disappeared. Then I finally wanted to withdraw the money that I couldn’t withdraw. I knew I was cheated.
2021-09-19

Malaysia
游客8899
6-10 years
Exposure
By giving adverse recommendation, the platform made clients suffer huge losses.
With the fake profit screenshots, the platform will induce you to deposit fund. The platform will make your orders locked through order placing and ask for a margin. Otherwise, it will clear your position until you make all fund lost. The whole cycle only needs several months.
2019-12-31

Hong Kong
宇亚
6-10 years
Neutral
It's really ridiculous. After opening the SVOFX website, it automatically jumps to the Google homepage. I think it's because the company's website is down. Of course, the company itself must have gone out of business. I feel sorry for the victims of its forex scam... Hope they can recover their funds.
2023-03-20

Australia
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