Company Brief:

SVSFX is an online financial trading provider, specializing in FX and CFDs for retail and institutional clients. The company founded in 2003 in London (UK) and owned as well operated by SVS Securities PLC.

However, one of the main company leads and proficiencies belongs to institutional clients. A regulated trading specialist SVSFX proposes a variety of products to all financial world parties while brings a multiplicity to their offerings. Services and product suite are tailor made solution, along with top liquidity, strong support and execution policy for Hedge Funds, Money Managers, Introducing Brokers, a White Label Partners or dual branded. As well as a highly demanded at SVSFX – electronic trading or API, which uses integration based upon FIX 4.4 protocol.

SVSFX review

Licenses, Regulations & Security of funds:

SVSFX as a trade name of SVS Securities Plc is authorised and regulated by the Financial Conduct Authority (FCA, UK) with registration number 220929. Also, SVS Securities Pl acts as a member of the London Stock Exchange.

All company procedures are in strict concordance with the rules, as maintained by regulatory authorities’ the organization’s activities fully comply with the requirements, hereby clients can be sure of protection and reliability.

In addition, the regulation requires safety guarding, which involves that clients’ funds are kept in the segregated account and supervised internally as well externally and ensuring maximum protection of account holders. Also, probably most important in funds safety is the Financial Services Compensation Scheme (FSCS) coverage, in case of a company insolvency. For the technical safety, the broker uses web security to execute the trading process with confidence by SSL (Secure Sockets Layer) encryption technology.

Trading Platforms and Tools:

Currently, the broker uses only one, but the world’s most popular trading platform – MT4. There is no need to explain a lot about MT4, since it’s leading platform among the traders for many years, as well broker chose it for its performance characteristics and vast of available tools to increase execution success.  At SVSFX client can benefit from the advanced charting toolbox with comprehensive technical analysis or to run personalized Expert Advisors (EAs) with no restrictions.

For the used tools, the broker do not offer a wide range, there are only several quite typical tools available to uncover trading opportunities. In the lists is: Margin Calculator (calculates how much exactly required to make the trade), Historical Exchange Rate tool (comparing rates taken globally from the history for the most traded currencies), Pip Calculator (allows better risk management and measuring the value per pip as per account currency) and Profit Calculator (helps to figure potential profit or loss).

Trading Products and Accounts:

SVSFX acts as a market maker and deals with clients as principal in relation to Margin Trading, all transactions are undertaken on an execution only basis and such transactions are on an OTC, or Over-The-counter basis and not on a regulated exchange. Though, OTC transactions may expose clients to greater risks than on exchange transactions.

The company does not swank with a huge range of trading instruments since they chose the path of the most commonly traded assets to offer. Depending upon clients account balance at SVSFX, offered leverage comes up to 1:400, spreads may vary as the client wishes to choose from fixed or floating spreads, yet spreads and limits might be increased during market data.

The general trading range comes to more than 50 Foreign Exchange (FX) instruments, which been recently improved and completed the full suite of products. Another pillar is Contracts for Difference (CFD) trading, which contains all the popular global indices, commodities, energy products and precious metals. The leverage level at CFDs comes to the maximum of 1:100 and limited to trade size of 200 lots.

Since trading on margin products involves a high level of risk and can result losses, any clients should fully understand the involved risks. To prevent those cases and to perform successful trading, traders should stay up-to-date with the news of financial markets as well to invest in once own education. Of course, the broker stays behind their clients and intend to support both Forex Beginner and FXPro traders. For the training purpose, the broker suggests firstly to open a free Demo account, with the same features as a live account with the only difference that funds are virtual.

Once the customer is ready, opening a Live account is a quite simple process which can be done through secured website area and requires detailed clients’ data, along with approvals. Meta Trader Live Accounts do not vary at the first stage of authorization, further on once the capital is deposited, as well the trader’s knowledge approved, differences between the accounts may occur, such as risk management, price offerings and support level.

Payment Methods:

Actually, for the payment methods, the company covers the most used tools and ways to fund the account. Requests are processed quickly, through the secured website area of account funding. Payment methods enclose Credit/ Debit Cards payments (MasterCard, Visa, Maestro, Visa Electron), as well popular e-wallets Skrill, Neteller and of course bank transfers are the option too.

Since SCSFX aims for complete transparency and trying to keep clients’ costs as low as possible, depositing and withdrawing fees of various payment methods are mainly covered by the broker. However, there are few ones that imply additional fees. For instance, deposit by Credit Card will add 2% above or by Neteller – 4.4%. For the withdrawing way through Neteller will require an additional 2 % and 20% through Credit Card.

As per regulations, withdrawals refunded to the same payment method as funding, minimum deposit or withdrawal is 100$ and maximum single card transaction is 5,000$.

Conclusion:

The SVSFX is a reliable broker with 15 years of experience offering trading in various FX currency pairs and range of CFDs. Even though, the mainstream of the company is on institutional clients, and the offerings to them range a comprehensive variety of solutions, the retail clients will find their benefits too. One of the advantages is a mainstay platform MT4, which enable traders of every strategy and style to find a way to potential success. Low initial deposit, fast executions as well transparent and easy fund methods are definitely gaining the company.

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