SV3 Trading (Sv3trading.com) is a dubious signals provider with the sole aim of harassing naïve investors. They come across as an English service provider but it seems they are targeting Spanish investors. The Disclaimer at the footer of their homepage is in Spanish. What they have done is use to languages on the same website. It is unclear why they would mix up the language on their website. What is clear is that their services are unverified and have no basis.
About SV3 Trading
Even their cancel subscription link is in Spanish which throws off English speakers. There is no way of knowing how to unsubscribe unless you know Spanish. There is no information regarding how the platform was founded. And this means we are dealing with rogue online trading platforms with unknown developers. There is nothing worse than a platform whose trading background and history are unknown. They may decide to shut down the website as fast as they created it.
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SV3 Trading is another rogue platform whose idea is to throw off investors. They have created a professional-looking website and filled it with industry jargon. And this is the reason why newbies are signing up due to the allure of a professional behind it. A closer look at the website shows that this is simply another ridiculous signal provider. They lack any efficiency in offering a realistic profit margin. What they do is use bloated profit margin data and fail to back it up with facts.
Assets covered by the signal provider
It seems that the signal provider is using forex trading assets although it is unclear which ones. The forex trading assets are wide and include commodities, currencies, crypto, forex, indices, and metals. They fail to inform users of which type of assets the signals will be used for. It also means the platform is unclear on the currency pairs available on the platform. Investors are signing up not knowing whether the signals are for major or minor currencies. It is why you must stay away from this signals provider.
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The business owner remains unknown and so are the staff members. It would be prudent for investors to know the developers of this platform. Knowing who is handling your funds creates a level of trust. There is no way of knowing who is handling funds with the signal provider. It means accountability is out of the question with the platform. Also, there is no way of knowing whether the platform is from a professional. It could be amateurs trying to make a name for themselves.
Comments and Suggestions
From what we’ve seen, a majority of members are ruing signing up with the platform. They claim that the signal provider is not transparent in their services. Most of them have vented their anger using social media platforms. One way of knowing how a platform behaves is by interacting with those who signed up. On their side, they have hired keyboard masters to post positive comments. These comments are not to be trusted as they come from a paid source. The freelancers will do anything to bank their cheque.
Domain details of the site
Records show that the website is barely a year old with their registration being on 7th October 2019. It means they don’t have any online reputation as they try to sell to investors. A signal provider with no reputation may offer unstable signals. And this is as a result of not understanding the ropes. It seems the platform will not be accountable for its reputation. When investing in online products and services, reputation plays a vital role in ensuring the outcome.
Features of SV3 Trading
The features of this signal provider are not clearly spelt out due to a lack of proper information. From our investigation, we have determined that this robot has a monthly subscription of $38.70. The trading time uses is in New York and London sessions which means they are based in the States. They have also claimed to offer five to fifteen frequencies daily to users. Imagine if these signals are false, the huge losses made are huge. And this is another reason to stay away from the platform.
Is SV3 Trading Licensed or Registered
SV3 Trading is NOT LICENSED OR REGISTERED to offer any trading services to investors. They will not be held liable for any losses made by investors. It means the platform does not offer any money-back guarantee to users. It is such a shame that deposits made don’t get any insurance cover. Since they claim to be in London and New York, we checked with regulators from the two jurisdictions. None of them have heard or regulated such a signal provider which speaks volumes.
The signal provider is openly defiling trading regulations by offering risky services. We also checked with their website to see whether they have a regulatory clause. It seems weird that such a signal provider does not even offer a terms and conditions page. Anyone who signs up should know that they are using a rogue platform. These signal providers will be the end of their investors who sign up with them. Lack of valid license credentials is enough to blacklist the signal provider.
Restrictions of SV3 Trading
SV3 Trading is offering investors three subscriptions plan on their website. The plans come in monthly, three months, and annually. Monthly package holders pay $38.70 per month for the signals. Three-month subscription holders pay $97. For annual package holders, users pay $337 for it. All of these packages come with similar features that include up to 5,000 pips. There is no exception when it comes to features. Why pay $377 and still get the same features as one who pays $38.70?
Contact and Support
For those who don’t know, these unregistered signal providers also double up as affiliate programs. In their support chat room, they ask for your name, email, and phone number. After waiting to get connected with a representative for over five minutes, we gave up. We soon started receiving numerous spam emails from products we didn’t subscribe to. It turns out that these products got our email from this signal provider. Make sure you know who you share your contact information with.
Results and Trading Strategy
What they have done is post a handful of profit numbers that no one can verify. They should have at least used FX Blue or myfxbook to provide proof of their winning margin claims. It is evident that the robot is unable to provide any meaningful information. This service provider is all talk with no action. They also provide little to no information regarding their trading strategy. And this is another reason to stay away from it. Lack of information presents a huge risk when it comes to investing.
Safety of funds with SV3 Trading
The security of funds is not guaranteed by a platform with no license clearance. Investors should be on the lookout for such platforms who offer unrealistic profit claims. There should be proof of concept before signing up with any online investment product or service. And this is a reason why no one should trust this signal provider. They are a scam and are simply in the business of stealing from unsuspecting investors.
Scam or Legit SV3 Trading
SV3 Trading is a scam signal provider with no way of meeting its claims and promises. Warn your loved ones on the dangers of using this platform.
Since we have proof that this signal provider is faulty, we have to add it to our scam blacklist.
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