About FXRevolution
Company Overview
FXRevolution is a retail forex and CFD broker registered in Saint Vincent and the Grenadines. The company was established on June 24, 2020, according to available records. It operates under no known financial regulatory license, as its registration in SVG does not require oversight by a financial authority.
The broker offers trading services through the MetaTrader 4 platform, catering to traders with various capital sizes. Its website presents a straightforward offering without extensive marketing or educational resources.
Regulation and Safety
FXRevolution is not regulated by any major financial authority such as the FCA, CySEC, or ASIC. The broker is registered in Saint Vincent and the Grenadines as an International Business Company, which does not impose licensing requirements for forex brokerage activities.
This absence of regulatory oversight means that traders do not benefit from protections such as negative balance protection, compensation schemes, or dispute resolution mechanisms. The FXCanary Scam Risk Score of 75/100 reflects a severe risk due to the lack of regulation and transparency.
Account Types
FXRevolution offers a range of live account types with varying minimum deposits and leverage. The Micro account requires a $250 minimum deposit and provides leverage up to 1:200. Higher-tier accounts include the Classic ($5,000, 1:100), Pro ($10,000, 1:100), VIP ($25,000, 1:30), and Platinum ($100,000, 1:20).
The broker does not offer a demo account, which may be a disadvantage for traders who wish to test the platform or strategies before committing funds. Spreads are advertised from 3 pips, though specific spreads per account type are not detailed.
Trading Instruments and Platforms
Trading instruments include currency pairs, commodities, indices, metals, and stocks. The exact number of instruments or contract specifications are not publicly listed. The only trading platform offered is MetaTrader 4, a popular choice among forex traders known for its robust charting and automated trading features.
No other platforms or mobile apps are mentioned, which may limit accessibility for traders who prefer alternative interfaces.
Deposits and Withdrawals
The broker does not disclose accepted payment methods or terms for deposits and withdrawals. The only financial information available is the minimum deposit requirement of $250 for the Micro account.
This lack of information on banking procedures is a notable gap, as traders need to understand transaction fees, processing times, and withdrawal limits before funding an account.
Customer Support and Transparency
No details about customer support channels or hours of operation are provided on the broker's website. The absence of clearly accessible contact information is a red flag for potential clients.
Similarly, the broker does not publish legal documents such as terms and conditions, risk disclosure, or privacy policy on its site. This lack of transparency makes it difficult for traders to assess the broker's reliability and operational standards.
Overview compiled by FXCanary from regulatory records and public data. full FXRevolution review