✔️ Information reviewed and updated in February 2024 by Eduardo López
Opinions and information about the SVG Forex broker
¿It is the truly reliable SVG Forex broker (aka svgforex.com)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The SVG Forex broker is a broker of: Forex and CFDs.
The broker mentions to be part of: Times Billion Capital LTD.
SVG Forex is based in: Saint Vincent and the Grenadines.
If we talk about regulation, the SVG Forex website does not mention absolutely anything about being regulated, SVG Forex is an unregulated broker.
We will continue to analyze the different account types that SVG Forex offers. In the case of SVG Forex we note that it has 3 different plans or types of account: the Standard Account, the Professional Account and the VIP Account.
Standard Account- $ 250 minimum initial deposit, standard spreads, 24/5 support, education, daily market analysis, webinars. Welcome bonus 20%.
Professional Account- $ 5.000 minimum initial deposit, low spreads, 24/5 support, education, daily market analysis, webinars, custom trading strategy, Junior Account Manager. Welcome bonus 40%.
VIP account- $ 20.000 minimum initial deposit, very low spreads, 24/5 support, education, daily market analysis, webinars, custom trading strategy, Senior Account Manager, 1 to 1 Coach. 60% welcome bonus.
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The platforms used to trade are: SVG Forex Trader.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: some explanations of the products that SVG Forex offers, an explanation of basic concepts of the investment world, some live charts, calendar economic, financial event news, pip calculator, really not much else.
SVG Forex Features
Additional information about the company
Phone number: does not have.
E-mail: [email protected]
Clarification: The SVG Forex investment company works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
SVG Forex Valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is an unregulated broker, based in very unsafe countries (Saint Vincent and the Grenadines), when looking for information and other evaluations about SVG Forex we found a lot of negative reviews.
January 2021 update: CNMV, Spanish financial regulator, has reported SVG Forex for fraudulent activities.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
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