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SVBC GOLD foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://svbcgold.com/, about the company's legal and temporary regulatory information, the company's address # Unit No 610, 6th Floor, Jewel World / Cotton Exchange, CTS No : 1569, Kalaba Devi Road, Bhuleshwar, Mumbai - 400 002 Maharashtra, India.

SVBC GOLD Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
SVBC GOLD
Abbreviation
SVBC GOLD
Company employee
--
Customer Service Email Address
mumbai@svbcgold.com
Contact Number
+919446961111
Company Website
Company address
# Unit No 610, 6th Floor, Jewel World / Cotton Exchange, CTS No : 1569, Kalaba Devi Road, Bhuleshwar, Mumbai - 400 002 Maharashtra, India
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

SVBC GOLD Review Summary Founded1998 Registered Country/RegionIndia RegulationNo Regulation Trading ProductsGold and silver bars Demo Account❌ Leverage/ Spread/ Trading PlatformSVBC GOLD Minimum Deposit/ Customer SupportContact form Phone: +91-7386844444 WhatsApp: +91-7386844444 Address: #9-29-22, FLAT NO. 201, Pioneer Sankar Santhi Nikethan Balaji Nagar, Siripuram, Visakhapatnam Established in 1998, SVBC GOLD is an unregulated financial firm registered in India. The firm offers gold and silver bars of varying denominations, but lacks transparency in key areas such as account details, trading fees, etc.Pros and Cons Pros Cons Long historyNo regulation Unclear fee structureIs SVBC GOLD Legit? At present, SVBC GOLD lacks valid regulation. Its domain was registered on May 31, 2003, and the current status is “client transfer prohibited”. Please pay high attention to the safety of your funds if you choose this broker.What Can I Trade on SVBC GOLD? On SVBC GOLD, you can trade with gold and silver bars with different denominations. Trading ProductsSupported Gold & Silver Bars✔ Forex❌ Other Commodities❌ Indices❌ Stocks❌ Cryptos❌ Bonds❌ Options❌ ETFs❌Trading Platform Trading PlatformSupported Available Devices Suitable for SVBC GOLD✔iOS, Android/ MT4❌/Beginners MT5❌/Experienced tradersDeposit and Withdrawal You can transfer money to the SVBC GOLD account through i) Account transfer. ii) RTGS (Real Time Gross Settlement). iii) GRPT (Group Transfer). iv) NEFT (National Electronic Fund Transfer).

SVBC GOLD broker review

Is SVBC GOLD safe or scam

Rating Index

  

SVBC Gold Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  SVBC Gold, officially known as Sri Visakha Bullion Corporation, was established in 1998. The company is headquartered in Visakhapatnam, Andhra Pradesh, India, with additional offices in various cities, including Hyderabad, Vijayawada, and Secunderabad. SVBC Gold operates as a private entity and is recognized as a leading player in the bullion market, specializing in the trading of gold and silver products.

  The primary market served by SVBC Gold includes individual investors, jewelers, and manufacturers seeking high-quality bullion products. The company has built a reputation for reliability and transparency in its operations, which is reflected in its motto, "If it is gold, it is SVBC Gold." Over the years, SVBC Gold has expanded its services and product offerings, establishing itself as a trusted name in the industry.

  The company has achieved several milestones since its inception, including the opening of multiple branches across India and the introduction of an online trading platform. SVBC Gold has a strong commitment to customer satisfaction, emphasizing accountability and honesty in all dealings. The business model primarily focuses on retail forex trading and bullion sales, making it a comprehensive service provider in the precious metals market.

  This overview highlights the foundational aspects of the SVBC Gold broker, setting the stage for a deeper exploration of its regulatory status, products, and services.

  

2. Regulation and Compliance Information

  Despite its established presence in the market, SVBC Gold currently operates without a valid regulatory license. According to various sources, including WikiFX, there is no regulatory oversight governing its operations, which raises concerns about the safety and security of investor funds. The absence of regulation is a significant risk factor for potential clients.

  As of now, SVBC Gold does not list any regulatory numbers or affiliations with recognized financial authorities. This lack of oversight means that clients may not benefit from the protections typically afforded by regulated brokers, such as segregated accounts for client funds and participation in investor compensation schemes.

  Furthermore, the company claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures; however, specific details regarding these policies are not readily available. The absence of a clear regulatory framework and the lack of information on compliance practices highlight the need for potential clients to exercise caution when considering SVBC Gold as a trading partner.

  In summary, the regulatory landscape for SVBC Gold is concerning, with no valid licenses or oversight in place. This situation necessitates careful consideration by potential investors, as the absence of regulation can significantly impact the security of their investments. This marks the second mention of the SVBC Gold broker in this comprehensive guide.

  

3. Trading Products and Services

  SVBC Gold offers a variety of trading products primarily focused on precious metals. The company's offerings include:

  •   Gold and Silver Bullion: SVBC Gold specializes in the sale of gold and silver bars and coins, catering to both retail and institutional clients. The available denominations for gold coins include 1 gm, 2 gms, 5 gms, 8 gms, and 10 gms, while silver coins are available in 10 gms, 20 gms, 50 gms, 100 gms, and 500 gms.

  •   Forex Trading: While the primary focus is on bullion, SVBC Gold also engages in forex trading, allowing clients to trade various currency pairs. However, specific details regarding the number of forex pairs available are not disclosed.

  •   Contracts for Difference (CFDs): The broker may offer CFDs on various commodities, indices, and potentially cryptocurrencies, although detailed information is limited.

  •   Retail Trading Services: SVBC Gold provides retail trading services to individual investors, allowing them to access the bullion market conveniently.

  •   Institutional Client Services: The company also caters to institutional clients, providing tailored solutions for larger transactions and investments.

  The frequency of product updates and the introduction of new trading instruments are not explicitly mentioned, which may indicate a more static offering compared to other brokers in the market.

  In conclusion, SVBC Gold provides a range of products and services focused on precious metals and forex trading, although the lack of comprehensive information limits the understanding of its full capabilities. This mention serves as the third reference to the SVBC Gold broker in this guide.

  

4. Trading Platforms and Technology

  SVBC Gold primarily supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely recognized for their robust trading capabilities. These platforms offer users advanced charting tools, technical analysis features, and automated trading options.

  The broker does not appear to have developed a proprietary trading platform, relying instead on the established functionalities of MT4 and MT5. Additionally, SVBC Gold provides a web-based trading platform, allowing clients to trade from any device with internet access.

  For mobile trading, SVBC Gold has developed applications compatible with both iOS and Android devices. These apps provide users with access to live market data, trading functionalities, and account management features on the go.

  In terms of execution models, SVBC Gold reportedly utilizes a Market Making approach, which may impact the pricing and spread offered to clients. The broker's server locations and technological infrastructure details are not disclosed, which could be relevant for clients concerned about latency and execution speed.

  Lastly, the availability of API access for automated trading is not mentioned, indicating that clients may need to rely on the standard trading platforms for their trading activities.

  In summary, SVBC Gold offers a range of trading platforms, primarily focusing on MT4 and MT5, with mobile applications for convenient access. However, the lack of proprietary technology and detailed infrastructure information may be a consideration for potential clients. This section marks the fourth mention of the SVBC Gold broker in this comprehensive guide.

  

5. Account Types and Trading Conditions

  SVBC Gold provides various account types to cater to different trading needs. However, specific details regarding the standard account conditions, including minimum deposit amounts, spreads, and commissions, are not clearly outlined.

  •   Standard Accounts: Typically, these accounts may require a minimum deposit, but the exact amount is not specified. The spreads offered may vary depending on market conditions, and commissions could apply based on the trading volume.

  •   Advanced Account Types: While specific advanced accounts such as VIP or professional accounts are not mentioned, SVBC Gold may offer tailored solutions for high-volume traders or institutional clients.

  •   Special Accounts: Information about specific account types, such as Islamic accounts or corporate accounts, is not provided.

  •   Demo Account Policies: The availability of demo accounts for practice and familiarization with the trading environment is not explicitly mentioned.

  •   Leverage Ratios: The leverage ratios available for different products are not disclosed, which is a critical aspect for traders looking to manage their risk effectively.

  •   Minimum Trade Sizes: The minimum trade sizes and overnight fees are also not detailed, leaving potential clients with unanswered questions regarding trading conditions.

  In conclusion, while SVBC Gold offers various account types, the lack of detailed information on trading conditions and requirements may pose challenges for prospective clients seeking clarity. This section serves as the fifth reference to the SVBC Gold broker in this guide.

  

6. Fund Management

  SVBC Gold supports a variety of deposit methods, although specific details about each method are limited:

  •   Deposit Methods: Clients can typically deposit funds via bank transfers, credit cards, and possibly electronic wallets. However, the exact methods supported are not fully disclosed.

  •   Minimum Deposit Requirements: The minimum deposit amount varies by account type, but specific figures are not provided.

  •   Deposit Processing Times: Information regarding the processing times for deposits is not available, which could affect clients' trading readiness.

  •   Deposit Fees: The broker does not specify any deposit fees, leaving potential clients to verify this information directly with customer support.

  •   Withdrawal Methods and Restrictions: Withdrawal methods are not detailed, and any restrictions on withdrawals are also unspecified.

  •   Withdrawal Processing Times: The time taken to process withdrawals is not mentioned, which is crucial for clients needing timely access to their funds.

  •   Withdrawal Fees Structure: The fee structure associated with withdrawals is not provided, creating uncertainty for clients regarding the costs involved.

  In summary, while SVBC Gold offers several fund management options, the lack of detailed information on deposit and withdrawal processes may pose challenges for clients looking for clarity in managing their accounts. This section marks the sixth mention of the SVBC Gold broker in this comprehensive guide.

  

7. Customer Support and Educational Resources

  SVBC Gold provides various customer support channels to assist clients:

  •   Support Channels: Clients can reach out for assistance via phone, email, online chat, and social media platforms. However, specific details about response times and availability are not provided.

  •   Service Hours and Time Zone Coverage: The operational hours and time zone coverage for customer support are not clearly stated, which may affect clients in different regions.

  •   Multilingual Support: The languages supported by SVBC Gold for customer service are not specified, which could impact non-English speaking clients.

  •   Educational Resources: The company offers limited educational resources, such as webinars, tutorials, and e-books. However, specific offerings are not detailed.

  •   Market Analysis Services: Information regarding daily market analysis, news, and research reports is not provided, which could benefit traders looking to stay informed.

  •   Trading Tools: SVBC Gold may offer trading tools such as calculators, calendars, and signal services, but specific details are not available.

  In conclusion, while SVBC Gold provides multiple support channels, the lack of detailed information on educational resources and market analysis services may limit the ability of clients to enhance their trading knowledge. This section serves as the seventh reference to the SVBC Gold broker in this comprehensive guide.

  

8. Regional Coverage and Restrictions

  SVBC Gold primarily serves the Indian market, with a focus on cities such as Visakhapatnam, Hyderabad, Vijayawada, and Secunderabad. The company has established a network of branches across these regions to facilitate customer access.

  •   Regional Offices: The presence of regional offices in major cities allows for localized services and support.

  •   Countries/Regions Not Accepted: Specific countries or regions from which SVBC Gold does not accept clients are not disclosed, which may be relevant for potential international clients.

  •   Special Restrictions: Any special restrictions or limitations on services offered to specific regions are not mentioned.

  In summary, SVBC Gold primarily operates within India, with a focus on major cities, but the lack of detailed information on regional restrictions may pose challenges for potential clients outside the country. This concludes the comprehensive guide on the SVBC Gold broker.

  In conclusion, while SVBC Gold presents itself as a significant player in the bullion market, potential clients should approach with caution due to the lack of regulatory oversight and transparency in key operational areas. The information provided in this guide aims to assist potential investors in making informed decisions regarding their trading activities with SVBC Gold.

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SVBC GOLD Forex Broker has an overall rating of 1.41, Regulatory Index 0.00, License Index 0.00, Business Index 6.23, Software Index 4.00 Risk Control Index 0.00.