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SHIVOM FX

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3.6
(5 Reviews)

Founded: - Min Deposit: 100 USD

Headquarters: Saint Vincent and the Grenadines Max Lev: 1 : 200

Risk Level I

SHIVOM FX is only registered with SVG FSA, but SVG FSA does not regulate forex trading.

Score
Business Scope
0.0
Trading Cost
3.0
Trading Platforms
3.0
Support
3.4
Licence Status
SVG FSA 26232
Authorised
Contact
https://shivomfx.com/
Account & Cost Deposit & Withdrawal Company & Service Broker News Related Complaints Reviews

Deposit and Withdrawal

3.0

Score

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Company and Service

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Profile
Headquarters Address
Suite 305, Griffith Corporate Centre, Beachmont P.O.Box 1510, Kingstown , St. Vincent and the Grenadines
Credit Profile No information
Trading Platforms
Contact
No Data
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Broker News

Q&A Weekly Review - What's Asked This Week? 2023-06-16
BrokersView provides "Q&A Weekly Review" from Jun 12-16, 2023 to keep traders informed about the latest regulatory status and trading details of brokers mentioned by our users.

Related Complaints

Q&A

How is the trading volume calculated?

Kamal el Batrawi
Poland
2023-06-14
ANSWER SHIVOM FX is an unregulated broker that we advise against trading with despite the seemingly attractive deals it offers.SHIVOM FX claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 26232 BC 2021. While it is true that we found corresponding data in the SVG FSA register, investors must be aware that the regulatory body has explicitly stated that it neither issues any licenses to carry on the business of FOREX Trading or Brokerage or Binary Options Trading nor regulates entities involved in such activities. Therefore, SHIVOM FX remains unsupervised by the relevant financial regulator.Regarding your question, we strongly suggest you avoid dealing with SHIVOM FX since it is an unregulated broker. It is a trading platform carrying significant risks such as financial losses and identity theft, as there are no rules in place to safeguard investors. As such, to avoid such risks, investors are encouraged to stay away from unregulated brokers like SHIVOM FX and choose fully regulated ones.
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Overall Score

3.6
5 Reviews

Cost 3.0

Platforms 3.0

Deposit & Withdrawal 3.0

Customer Support 3.4

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5 Reviews

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Olanrewaju Helaruwan
0-6 months South Africa
The minimum deposit to open an account with London Trading Index is too high, which puts me off. For now I don't have enough budget to get started in this company. 10000 USD for a mini account?
2023-09-08
Reply
ONG David
0-6 months South Africa
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
2023-09-08
Reply
Fabricio Manley
0-6 months VIP Account Nicaragua
Don’t ever use this website, it will scam your profit without legit reasons. So far, they took away $3,000 profit quoting that I violated their 6.10 rule which comes out from nowhere. Again, there are some good brokers, stay away from this scammer.
2022-08-18
Reply
Daniel Georgiou
Vietnam
It has been a few days since the account was opened. I tried the withdrawal and deposit operations and the operations went smoothly. The account manager was very patient and responded in a timely manner. It is not bad. I will continue to trade and see.
2022-07-31
Reply
Zelene Yee
0-6 months VIP Account Philippines
Normal profit, it is impossible for you to withdraw money.
2022-07-13
Reply
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.