BrokAIr Reviews

Svs Securities Xo Review

"Svs Securities Xo has gained a reputation for offering some of the highest fees in the online brokerage industry, making it a great choice for those who are willing to pay extra for quality service." But can they really provide the quality they promise?

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SVS Securities Xo Overview

SVS Securities Xo is an online brokerage founded in 2010 by Saul David and Michael Smith. Since its launch, the company has grown to provide a range of services for traders and investors alike. SVS Securities Xo offers comprehensive market access, research and trading platforms, including MetaTrader 4, Web Trader and Mobile Trader.

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Public Opinion

Overall, the public opinion of SVS Securities Xo is mixed. Some traders have expressed satisfaction with the platform's competitive pricing and easy-to-use interface, while others have noted its limited asset selection and lack of customer support. Additionally, some traders have complained about slow order execution speeds.

News Events

In 2017, SVS Securities Xo was fined £362,000 by the Financial Conduct Authority (FCA) for failing to adequately protect its customers from the risk of financial crime. The FCA also found that SVS Securities Xo had failed to comply with regulations concerning money laundering prevention and client money protection. In response, the company has implemented additional measures to ensure compliance with all relevant regulations. Additionally, SVS Securities Xo has been featured in several publications, including the Financial Times and Investors Chronicle.