FVP Trade

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

What Can I Trade on FVP Trade?

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

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.

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.

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.