SvoFX Journal

Journal status: live
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SvoFX Profile
Website
Year
2014
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG, VFSC Vanuatu
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
STP, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
100 ms
LPs total
8
LPs quality
Tier-1 Banks, Other
LPs names
BNP Paribas, Barclays, CeFDex, Credit Suisse, Goldman Sachs, JPMorgan, Jefferies, UBS

SvoFX Accounts
STP
ECN
Minimum Deposit
5 $
100 $
Leverage
2000 : 1
100 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0 pips
Commission
0 $/lotRT
4 $/lotRT
Volume
Unlimited
Unlimited
Margin Call
50 %
50 %
Stop Out
20 %
20 %
Execution
Market
Market
Spread
floating
floating
Scalping
Unlimited
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Bitcoin, Ethereum, Ripple, Tether
Base currency
USD, USC
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is SvoFX safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG, VFSC Vanuatu
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: yes
  • Negative Balance Protection: no

Is SvoFX trusted?

  • Information transparency: high ★★★★★
  • Customer service: virtually non-existent
  • SvoFX website: highly detailed, updated ★★★★★
  • SvoFX popularity (by visitor count): low visits ★★

How SvoFX works



Liquidity pools from top-tier liquidity providers
All trading styles, including full hedging and EA
No dealer desk intervention
Our advanced trade matching engine is connected to the world’s leading banks and other liquidity providers to ensure competitive and low cost trading.


Micro - STP trading accounts are suitable ffor those who want to start trading in small amounts Professional - ECN-based trading accounts to minimize transaction costs. Low commissions & ultra-narrow spreads allow for more stoic trading...


Agreement on Market Order
Because SvoFX guarantees agreement on 50 batches (5 million) of market order at maximum, therefore, for each 1 click, transaction of 5 million can be made. However, when the transaction amount exceeds the standard above, please split the order into smaller transaction sums.

Agreed Waiting – Loss and price limit order
SvoFX understands the importance of stop loss and price limit orders in risk management. Therefore, for orders in the two aspects, the agreed guarantee of negotiable market price of up to 50 batches can be provided.


If I have a negative balance, will it be reset?
SvoFX uses a 0-cut system. Even if your balance shows negative, it will be reset to 0 at the time of deposit and then the full amount deposited will be reflected. (If you are in a position, it will not be reset.)


9-2 We may be required by a third-party service provider to require you to comply with additional restrictions. You agree that you will comply with any additional requirements thereon and therewith for your access and/or usage of our Online Trading Facility. We may communicate such restrictions on your access and/or usages to you from time to time.



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