FVP Trade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-17 14:14

Abstract：FVP Trade, established in 2022 and based in the Virgin Islands, is a trading platform with a minimum deposit requirement of $100 and leverage of up to 1:500, offers two account types—Standard and VIP. However, its unregulated status makes it unsafe.

FVP Trade Review Summary
Company Name	FVP Trade
Registered Country/Area	The Virgin Islands
Founded year	2022
Regulation	Unregulated
Minimum Deposit	$100
Maximum Leverage	1:500
Spreads	0.1 pips
Trading Platforms	MT4
Tradable assets	Currency pairs, indices, commodities, oil, metals
Account Types	Standard, VIP
Deposit & Withdrawal	Multiple payment methods
Customer Support	Live chat
	support@fvptrade.info
	social media contacts (Facebook, Linkedin, Instagram, Twitter, Youtube)

FVP Trade Introduction

　　FVP Trade, established in 2022 and based in the Virgin Islands, is a trading platform with a minimum deposit requirement of $100 and leverage of up to 1:500, offers two account types—Standard and VIP. However, its unregulated status makes it unsafe.

Is FVP Trade legit?

　　FVP Trade operates under the domain fvptrade.com, registered with GoDaddy.com, LLC. While the domain has been active since December 4, 2019, FVP Trade is not regulated in its registered location of the Virgin Islands.

Pros and Cons

Pros	Cons
0.1 spreads	Unregulated
5 types of diverse trading instruments	Not available in some countries or regions
MT4 trading paltform
No commission charges

What Can I Trade on FVP Trade?

　　FVP Trade offers 5 types of trading assets, including 70 currency pairs, metals, indices, commodities, and cryptocurrencies.

Tradable Instruments	Supported
Currency pairs	✔
Commodities	✔
metals	✔
Cryptocurrencies	✔
Indices	✔

Account Types

　　FVP Trade offers a total of two types of live trading accounts—Standard and VIP—and provides a demo account for practice. The Standard account is well-suited for general traders, while the VIP account is suitable for those seeking a more personalized and enhanced trading experience.

Account Type	Leverage	Spreads	Commissions	Minimum Deposit	Withdrawal Time	Best For
Standard	Up to 1:500	From 0.1 pips (variable)	None	$100	24-48 hours	General traders who want low entry requirements and cost-effective trading
VIP	Up to 1:500	From 0.1 pips (variable)	None	/	24-48 hours	Experienced or high-volume traders seeking added benefits and a more tailored experience

Leverage

　　FVP Trade offers leverage up to 1:500, allowing traders to control a market position 500 times larger than their initial capital.

FVP Trade Fees

　　FVP Trade offers commission-free trading across both account types, with spreads starting as low as 0.1 pips.

Trading Platform

　　FVP Trade offers the MT4 trading platform, which is suitable for both mobile and desktop devices (including Windows and macOS). It is more suitable for beginners. However, there are no access of MT5 platform.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Mobile and Desktop（Windows & macOS）	Beginner
MT5	❌	Mobile and Desktop（Windows & macOS）	Experienced Trader

Deposit & Withdrawal

　　FVP Trade does not charge fees for deposits or withdrawals. The minimum deposit requirement is $100, and the platform supports various payment methods, including bank transfers, credit/debit cards, and potentially electronic payment systems.

Payment Method	Min. Withdrawal	Processing Time
Bank Transfer	$100	A few business days
Credit/Debit Cards	$100	Processed instantly or within a short time
Electronic Payment Systems	$100	Processed instantly