Score

1.37 /10
Danger

TWO V FOREX

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
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Score

Regulatory Index0.00

Business Index5.91

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

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

Broker Information

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Company Name

TWO V FOREX LLC

Company Abbreviation

TWO V FOREX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

TWO V FOREX · Company summary
Registered in St. Vincent and the Grenadines
Regulated by No effective regulation at this time
Year(s) of establishment 1-2 years
Trading instruments Currency pairs, metals, stocks
Minimum Initial Deposit $10
Maximum Leverage 1:1000
Minimum spread 1 pip onwards
Trading platform MT5
Deposit and withdrawal method Bank wire transfer, skrill, neteller, visa, mastercard
Customer Service Email/phone number/address
Fraud Complaints Exposure No for now

General information and regulations of TWO V FOREX

TWO V FOREX was established in St. Vincent and the Grenadines less than 2 years ago, and currently not under any valid regulations.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

Currency pairs, metals, stocks.....the market instruments offered by TWO V FOREX is not that diversified, we noted that indices, commodities, energies, cryptocurrencies are not available.

market instruments

Spreads and commissions for trading with TWO V FOREX

TWO V FOREX does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with TWO V FOREX, we recommend that you take the time to calculate these transaction costs.

Account Types for TWO V FOREX

Demo Account: TWO V FOREX provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: TWO V FOREX offers a total of 3 account types: VIP, Standard and Prime. The minimum deposit to open an account is $10, $100 and $200 respectively. The threshold to open an account at TWO V FOREX is quite friendly. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

account types

Trading platforms offered by TWO V FOREX

The MT5 trading platform features powerful charting capabilities, including over 50 different technical indicators and intraday analysis tools. Access from a variety of devices also makes trading easier for users.

trading platform

Leverage offered by TWO V FOREX

TWO V FOREX offers a maximum leverage of up to 1:1000, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Deposit and withdrawal methods and fees

In terms of deposit and withdrawal, like many good brokers, TWO V FOREX provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc.

deposit and withdrawal

Educational resources

A series of educational resources is available at TWO V FOREX, such as economic calendar, margin requirements, market hours, calculators, etcetera.

educational resources

Customer support of TWO V FOREX

Below are the details about the customer service.

Language(s): English

Email: Support@Twovforex.Com

Phone Number: +91 9581113145

Address: Registered Address : Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown, St. Vincent And The Grenadines

Operational Address : Near JMJ College Beside Road , Cement Bricks Beside Bldg , Tenali , Guntur , AP – 522202 , India

customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of TWO V FOREX

Advantages:

High leverage

MT5

Educational resources

Copy trading

Disadvantages:

No effective regulation

Few information available

No MT4

Frequent asked questions about TWO V FOREX

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

User Reviews

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User comment

2

Comments

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小草34866
more than one year
$10 minimum deposit seems quite friendly, no commissions charged. Everything seems so fine, almost my ideal broker, no swaps charged by the way.
$10 minimum deposit seems quite friendly, no commissions charged. Everything seems so fine, almost my ideal broker, no swaps charged by the way.
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2022-12-13 19:25
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山水清音
more than one year
I stumbled on TWO V FOREX a week ago, and I set up a demo account to trade. So far so good. The execution was quick and the customer service was very professional.
I stumbled on TWO V FOREX a week ago, and I set up a demo account to trade. So far so good. The execution was quick and the customer service was very professional.
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2022-12-05 18:30
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