Fivoro Review

About Fivoro

Fivoro operates through the domains fivoro.com, fivoro.capital, fivoro.pro, platform.fivoro-trading.com, and fivoro.io (). The broker claims to be operated by Urvashi Limited, registered in St. Vincent and the Grenadines under number 26702 BC 2022; the jurisdiction’s authority does not license Forex or CFD brokers ().

No regulation by recognized authorities such as the FCA, ASIC, CySEC, or NFA is verifiable; Fivoro has received warnings stating it is not authorized to provide financial services in multiple jurisdictions. The FCA issued a warning in May 2023 and an updated warning in October 2023; the British Columbia Securities Commission issued a warning in March 2023; the Belgian FSMA added Fivoro to its warning list in June 2023 ().

Claims of membership in a “Crypto Commission Authority” or a “Client Dispute Compensation Fund” are unverifiable and appear misleading (). The minimum deposit is stated as USD 250, maximum leverage up to 1:500, with a web-based trading platform only (no evidence of MT4/MT5); spreads and fees are not transparently disclosed (). Clients report issues with withdrawals and unresponsive support ().

Pros and cons

Pros

• Offers multiple account tiers (Student, Standard, Investor, VIP, VIP Platinum) as per WikiFX and Chainbits ().

Cons

• Unregulated by any recognized financial authority; warnings issued by FCA, BCSC, FSMA ().
• Regulatory claims (SVG FSA, Crypto Commission Authority) are misleading or unverifiable ().
• Lack of transparency on spreads, commissions, and funding methods ().
• Reported difficulties in withdrawing funds and poor customer support ().
• High-risk features such as high minimum deposit (USD 250) and extreme leverage (1:500) ().