Global Broker Regulation Inquiry App
WikiFX
No Regulation
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/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
Rating Index
Influence
Influence
D
Influence index NO.1
Japan 2.31Surpassed 15.80% 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.
Warning: Low score, please stay away!
2025-10-29
- 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
Saint Vincent and the GrenadinesOperating Period
5-10 years
Company Name
SVOFX LTD
Customer Service Email Address
support@svofx.com
Company Website
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
Wiki Q&A
Comment
Account
Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
$100
Minimum Spread
From 0
Depositing Method
(10+) MASTER Bank transfer VISA
Withdrawal Method
(1+) Bank transfer
Minimum Position
0.01
Commission
FX/index $2/lot, CFD $2.5/lot（One way）
Products
Currencies Spot Index CFDs Spot Metal CFDs Spot Energy CFDs
Updated：
2025-10-29
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Genealogy
VIP is not activated.Open Now
Relevant Enterprises
SVODA GLOBAL MARKETS PTY LTD(Australia)
Deregistered
Australia
Registration No.
632491411
Established
2019-03-25
Opera Payments Limited
Active
Registration No.
--
Established
2021-03-29
SVOFX LIMITED
Active
Saint Vincent and the Grenadines
Registration No.
C8425984
Established
--
Company Summary
| 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 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.
Pros and Cons
| 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 |
Is SvoFX Legit?
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 |
What Can I Trade on SvoFX?
SvoFX offers trading on forex, CFDs and cryptos.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Cryptos | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are two account types SvoFX offers:
| Account Type | Minimum Deposit |
| Standard | $5 |
| Professional | $100 |
Leverage
| 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.
SvoFX Fees
| 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
| Trading Platform | Supported | Available Devices | Suitable for |
| Svo Trader | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
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 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 |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Australia Appointed Representative(AR) Revoked
- Vanuatu Retail Forex License Revoked
- High potential risk
Wiki Q&A
Interbank Trader 
1-2 years
What is the minimum deposit in Easy Forex?
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.
Broker Issues
Withdrawal
Deposit
08-03
United States
PitBull
1-2 years
How long does SvoFX withdrawal take?
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.
Broker Issues
Deposit
Withdrawal
07-28
United States
Eziol
1-2 years
Which payment methods does SvoFX support?
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.
Broker Issues
Withdrawal
Deposit
07-21
United States
Xxpro
1-2 years
What is the spread of Easy Forex?
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.
Broker Issues
Fees and Spreads
07-16
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