Beware! Alton SVA is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


Alton SVA is a very typical example of a financial scam claiming to be a regulated forex broker. In this review we will show you in detail how to determine if an investment broker is legitimate and how to avoid scams like Alton SVA.

Alton SVA Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
Alton SVA
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

Legitimate forex brokers provide clear and detailed information about the legal entity that owns and operates them, where it is based, what licences it has and which regulators oversee its activities. Lack of such details or improper presentation of them are always a red flag that we are probably dealing with a scam.

Alton SVA does not disclose which company is behind this alleged broker.

On the homepage we see a claim that Alton SVA operates from Switzerland, but at the same time has a licence from the financial regulator in a completely different jurisdiction, Cyprus.

Elsewhere on the website it is claimed that Alton SVA also holds licences from South Africa, Australia and Belize.

But the text of the Terms and Conditions lists the offshore area of Vanuatu as the applicable jurisdiction.

A check of the records of the relevant financial regulators shows that there is no licensed broker using the Alton SVA brand and domain in any of the jurisdictions listed. Another regulator, the Bank of Russia, has issued a warning that Alton SVA is not authorised.

Under no circumstances should you trust your money to such anonymous websites full of false and contradictory information. Instead, you can turn to one of the many companies that really work under the supervision of respected regulatory bodies like Cyprus Securities and Exchange Commission (CySEC) or Financial Conduct Authority (FCA) in the UK.

As their customer you will enjoy a number of guarantees including negative balance protection and guarantee for your funds if the broker goes bankrupt, which goes up to EUR 20,000 in EU and 85,000 GBP in the UK.

Alton SVA Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
Alton SVA platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

Alton SVA implements a fairly basic web-based trading platform. Here’s how it looks.

It should be noted that the presence of some kind of trading software is no guarantee that this is a genuine broker. Financial scammers often use rigged trading platforms to fool their victims that their money is actually being invested. However, this trading is entirely fictitious and the money goes directly into the scammers’ pockets.

If you use the services of a licensed broker, you will get the opportunity to use established software with advanced features and versions for all types of devices and operating systems. The most widely used trading platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.

Alton SVA Trading instruments

Alton SVA

Alton SVA theoretically offers trading in all major asset classes. But we have no reason to believe that the trading offered by this anonymous and clearly fraudulent website is real.

Alton SVA Spreads and cost of trading

Spread EURUSD0.10.611.1
Spread GBPUSD0.
Spread USDJPY0.

Alton SVA ‘s trading software, we see a spread close to zero. Such a “raw” spread assumes that the broker charges some commission. But Alton SVA does not provide information about the price paid by the customer.

Alton SVA Maximum leverage

Alton SVA100:1100:110:1100:1100:1
UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

Alton SVA advertises leverage up to 1:100. This level is not allowed in most jurisdictions in which Alton SVA  claims to be licensed and operates. High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders.

Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.

If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand.

Alton SVA Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Crypto24 hours24 hoursFee depends on crypto

Alton SVA only allows the deposit of funds with cryptocurrencies.

This is typical of financial scammers. Cryptocurrencies are their payment method of choice because on the one hand they allow the scammer a degree of anonymity, and on the other hand they do not allow the scammed to ask for a refund. If you’re interested in legitimate brokers that accept digital currency payments alongside conventional methods, check out this list.

Alton SVA Minimum deposit

Minimum deposit$1000$5$10$5

Alton SVA requires a minimum initial investment of 1,000 USD. For ten or even a hundred times less, you could open a starter account with a truly licensed broker, including the industry’s leading brands.

Alton SVA Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
Alton SVANot specifiedNot specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

Alton SVA does not specify extraordinary conditions for withdrawal. But these types of scams always surprise you with hidden fees and other tricks that prevent you from withdrawing your money back.

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite

Leave a Reply

Your email address will not be published. Required fields are marked *