Ikhtisar:TWO V FOREX was established in St. Vincent and the Grenadines less than 2 years ago, and currently not under any valid regulations.
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.
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.
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.
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.
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.
Educational resources
A series of educational resources is available at TWO V FOREX, such as economic calendar, margin requirements, market hours, calculators, etcetera.
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
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.