SvoFX Account Types

　　SvoFX offers a variety of trading account types to cater to different trading styles and preferences. The main account types include:

• Micro Account
• Minimum Deposit: $5
• Lot Size: 1 lot = 1,000 currency units
• Commission: $2 per lot for FX/index, $2.5 per lot for CFDs (one way)
• Leverage: Up to 100
• Spreads: From 1.0 pips
• Execution Type: STP (Straight Through Processing)
• Standard Account
• Minimum Deposit: $5
• Lot Size: 1 lot = 100,000 currency units
• Commission: None
• Leverage: Up to 2,000
• Spreads: From 1.0 pips
• Execution Type: STP
• Social Trading: Available as both master and copy trader
• Professional Account
• Minimum Deposit: $100
• Lot Size: 1 lot = 100,000 currency units
• Commission: $2 per lot for FX/index, $2.5 per lot for CFDs
• Leverage: Up to 100
• Spreads: From 0 pips
• Execution Type: ECN (Electronic Communication Network)
• Social Trading: Not available

　　SvoFX allows traders to open up to 8 real trading accounts in total, providing flexibility for different trading strategies.

　　

SvoFX Broker Account Opening Process

　　Opening an account with SvoFX is a straightforward process that can be completed in a few simple steps:

• Visit the Account Opening Page
• Choose to register using either your email address or cell phone number.
• Verification
• Enter the selected email or phone number and receive a verification code to confirm your identity.
• Set Nickname and Password
• Create a unique nickname and password for your account.
• Client Portal Access
• Log in to the client portal where you can start trading on a demo account without identity verification.
• Identity Verification
• To open a real account and make deposits, submit the required documents:
• A valid passport or drivers license (front and back).
• An address verification document (e.g., utility bill, certificate of residence) issued within the last 3 months.
• Completion of Verification
• After submitting your documents, the status will change to "under review." Verification usually takes one business day.

　　By following these steps, you can quickly set up your SvoFX trading account and start trading.