Shivom FX

Shivom FX exhibits a very high-risk profile and cannot be considered safe or reliable for the average investor. According to WikiFX data, the broker holds no valid regulatory licenses, meaning client funds are not protected by any deposit guarantee scheme. This is reflected in its exceptionally low overall WikiFX score of 1.49. Trading with an unregulated entity carries significant risks, including a lack of external oversight and formal channels for dispute resolution.

Shivom FX is not regulated. The entity, Shivom Financial Limited, is registered in Saint Vincent and the Grenadines, a jurisdiction that does not license or oversee forex brokers. A search of global regulatory databases confirms that Shivom FX holds no valid forex trading licenses from any reputable financial authority such as the FCA, ASIC, or CySEC. The broker's regulatory status is formally listed on WikiFX as "No Regulation."

Shivom FX offers multiple account tiers with varying minimum deposit requirements. Its most accessible ECN account requires a $100 minimum deposit. The PRO account has a $1,001 entry condition, while the VIP account requires a substantial $10,000 minimum deposit.

The specific trading platforms supported by Shivom FX are not explicitly listed in the available public data. Traders would need to consult the broker's official website or contact its customer service directly to confirm whether it offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), or a proprietary trading platform.