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SVS

India|5-10 years|
Suspicious Scope of Business|High potential risk|

https://www.svssec.com

Website

Rating Index

Contact

+91 022- 40462101
sanjay@svssec.com
https://www.svssec.com
32-33-34-35A/B, Khatau Building, 2nd Floor, A. D. Modi Marg, Fort, Mumbai - 400 001

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+91 022- 40462101

Other ways of contact

Broker Information

More

Company Name

SVS Securities Pvt.Ltd.

Abbreviation

SVS

Platform registered country and region

India

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-11-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

SVS · WikiFX Survey

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SVS · Company Summary

SVS Information

SVS, a brokerage company from India, the full name of the company is SVS Securities Pvt.Ltd, established in 2003. It is a member of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) with SEBI registration number INZ000284933. SVS Commodity Brokers Pvt. Ltd. Is a member of MCX with SEBI registration number INZ000018834. SVS provides traders with more diversified financial services, offering commodity futures, options, futures,contracts and stocks. However, the broker is currently unregulated and traders must pay attention to the issue of trading security.

SVS Information

Pros and Cons

Pros Cons
Customer service to support different types of inquiriesNo regulated
Too little information and opacity

Is SVS Legit?

SVS, the full name of this brokerage SVS Securities Pvt.Ltd, claims to be a member of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) with SEBI registration number INZ000284933. SVS Commodity Brokers Pvt. Ltd. Is a member of MCX with SEBI registration number INZ000018834. But according to the WikiFX investigation, the broker is not regulated and there is a certain amount of risk.

Is SVS Legit?
Is SVS Legit?

What Can I Trade on SVS?

At present, SVS provides trading and arbitrage opportunities in the commodity futures market. options, futures,contracts and stocks can also be traded on SVS, providing traders with more diversified financial services.

Tradable Instruments Supported
Commodities
Options
Futures
Contracts
Stocks
Forex
Indices
Bonds
ETF

Customer Service

SVS allows traders to access customer support via phone, email and offline address. It is worth mentioning that traders can consult for different types of questions, and the broker offers a variety of customer service for you to choose from.

Contact Options Details
Phone+91 022- 40462101
Emailsanjay@svssec.commail@svssec.com
Website LanguageEnglish
Physical Address32-33-34-35A/B, Khatau Building,2nd Floor, A. D. Modi Marg,Fort, Mumbai-400 001

The Bottom Line

While SVS provides access to commodity futures markets and claims to provide customer support for a variety of queries, its unregulated status is a major flaw. Investors, especially beginners and those interested in day trading, should prioritize a regulated broker that ensures a safe and well-protected trading environment.

FAQs

Is SVS safe?

No, it's not safe. Currently, SVS is unregulated and it cannot be considered a secure broker. While it may claim to be a member of the BSE and the NSE, the lack of a regulatory license specifically for brokerage activity is a significant concern.

Is SVS good for beginners?

No, SVS is not very suitable for beginners. Because of its unregulated status and limited scope, SVS may not be the best choice for beginners.

Is SVS good for day trading?

No, it is not suitable for day trading. Day trading requires a secure and reliable platform with fast order execution and low latency that unregulated brokers like SVS may not be able to achieve.

News

FCA Fines and Bans Three SVS Securities Executives

ExposureFCA Fines and Bans Three SVS Securities Executives

2024-06-25 15:56

The FCA fines and bans three SVS Securities executives for mishandling pension funds, risking customers' financial futures.

WikiFX
2024-06-25 15:56
Exposure
FCA Fines and Bans Three SVS Securities Executives

Review

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