SVS Markets is a Forex broker whose official website domain was registered on September 22, 2023. It mainly provides investors with financial derivatives trading services such as foreign exchange, stocks, futures, energy, precious metals, and cryptocurrencies. This broker does not offer services in jurisdictions where it may violate local laws or regulations, such as North Korea, Israel, China, Vanuatu, and Cuba.
Corporate Registration and Regulatory Status:
Public information on the SVS Markets official website reveals that its headquarters are located in Australia and it is authorized and regulated by the Australian Securities and Investments Commission (ASIC) with license number 488828. Additionally, the broker is registered with the United States National Futures Association (NFA) and the Financial Crimes Enforcement Network (FinCEN), holding NFA ID 0561032 and MSB number 31000262040204.
Upon verification, the Australian Securities and Investments Commission (ASIC) official website shows that the entity with license number 488828 is STAR FUNDS MANAGEMENT PTY LTD, which has no relationship with SVS Markets. Similarly, registration entities named SVS Markets can be found in the United States National Futures Association (NFA) and the Financial Crimes Enforcement Network (FinCEN) databases. However, its registration with the NFA categorizes it as a non-member unit and is not regulated by the NFA. FinCEN's mission is to protect the financial system from illegal use, combat money laundering and related crimes (including terrorism), and promote national security through the strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence, without regulating financial derivatives trading. Therefore, this broker operates without regulation.
Moreover, the web design and content of this broker's website are identical to those of brokers like XZDL GLOBAL, Ylehub FX, Tokyo Metal, Gffxx, DTX MARKETS, and FIRE PHOENIX.
Opening an Account:
To open an account with SVS Markets, visit the broker's official website, click "Register" on the homepage or the top right corner of the web page to access the account registration page. Initially, email verification is required. Once verified, set a login password and submit your application. Upon submission, the account will be successfully registered.
Trading Account Information:
The SVS Markets official website only discloses information on spreads, trading leverage, margin call/stop out levels, and contract size. However, details on account types, trading commissions, minimum/maximum trade volumes, maximum positions/orders, and minimum price precision are not disclosed.
- Spreads: Variable spreads, starting from 1 pip
- Trading Leverage: 1:100—1:500
- Margin Call/Stop Out Level: 100%/50%
- Contract Size: 1 lot = 100 000 currency units
Trading Platform:
SVS Markets offers the ST5 trading platform to its users.
Deposits and Withdrawals:
SVS Markets does not clearly publish the supported deposit and withdrawal methods, fees, or the minimum deposit and withdrawal amounts on its official website.
Conclusion:
Traderknows reminds investors that SVS Markets is a forex broker with opaque registration information and lacks effective regulation. The broker can only be contacted via email with extremely limited contact options. Its website design and content are identical to those of Unisnfx, XCY Global Ltd, BCC markets limited, CPT Limited, Maxtra Financial Limited, GYG INVESTMENT LTD, and other brokers, using the same template. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "unregulated" on Traderknows.
