SvoFX Account Types

　　SvoFX offers three main types of trading accounts: Micro, Standard, and Professional. Each account type is designed to cater to different trading needs and styles.

• Micro Account
• Minimum Deposit: $5
• Minimum Withdrawal: $5
• Execution Type: STP
• Leverage: Up to 100
• Spreads: From 1.0
• Trading Instruments: Currencies, Index CFDs, Metal CFDs, Energy CFDs, Crypto CFDs
• Suitable for traders looking to start with small amounts, with a lot size of 1,000.
• Standard Account
• Minimum Deposit: $5
• Minimum Withdrawal: $5
• Execution Type: STP
• Leverage: Up to 2000
• Spreads: From 1.0
• Trading Instruments: Currencies, Index CFDs, Metal CFDs, Energy CFDs, Stock CFDs, Crypto CFDs
• Allows participation in social trading as both master and copy traders.
• Professional Account
• Minimum Deposit: $100
• Minimum Withdrawal: $5
• Execution Type: ECN
• Leverage: Up to 100
• Spreads: From 0
• Trading Instruments: Currencies, Index CFDs, Metal CFDs, Energy CFDs
• Designed to minimize trading costs with low commissions and ultra-narrow spreads, but does not allow for social trading.

　　

SvoFX Broker Account Opening Process

　　Opening an account with SvoFX is a straightforward process that can be completed in less than 5 minutes. Here are the steps:

• Account Registration
• Go to the account opening page and select your preferred registration method (email or cell phone).
• Enter your email address or cell phone number and receive a verification code.
• Set Nickname and Password
• Create a nickname using half-width English characters and set a secure password.
• Access Client Portal
• After registration, log in to the member page. You can trade on a demo account without identity verification.
• Submit KYC Documents
• Click on "Submit KYC" in the settings menu to complete your identity verification process.
• Enter Customer Information
• Provide your mobile phone number, country, name, date of birth, gender, postal code, province, city, and address.
• Upload Identification Documents
• Submit a valid form of identification (passport or driver's license) and an address verification document (utility bill or residence certificate).

　　Once your documents are submitted, the status will change to "under review," and upon approval, you will be able to open a real trading account. The review process typically takes one business day.