Broker Review SeverFinance
SeverFinance – a Russian forex broker claiming that its platform is a universal place for CFD trading in stocks, commodities, indices, cryptocurrencies, bonds, and more.
“OOO Severny” is engaged in capital investments, venture investing through investment companies.
At the time of writing this review, the website has registered over 50,000 clients from different countries.
Among its advantages, the broker includes its well-deserved reputation, transaction transparency, compliance with laws, instant payouts, security, and reliability.
Since 2009, SeverFinance has been striving to create a trading environment for its clients in line with the expectations of global regulators.
In addition to trading, the company offers active deals, tools, products, and education to analysts with full free access to materials.
OOO “SEVERNY”
Tax authority: IFNSR No. 4 in Moscow
Regulator: Central Bank of Russia, registration since 16.05.2007.
Website: severfinance.com
Trading platform: account.severfinance.com
Phone: +7 (992) 172-42-01
Email: [email protected]
Address: Savvinskaya nab., d. 23, 119435. Moscow
Telegram chat: t.me/severfinance
Support operates 24/5.
Websites owned by the broker: severfinance.com, account.severfinance.com, severfinance.net.
This list is updated with the appearance of new domains.
Trading Conditions SeverFinance
For the convenience of trading, SeverFinance offers the use of the MT5 desktop version or the online platform MT5.
Clients have access to 5 trading accounts with different conditions and a minimum entry threshold starting from 20,000 rubles and varying leverage.
- Start: from 20,000 rubles, min. trade – 0.01 lot, leverage 1:33, online chat.
- Standard: from 100,000 rubles, min. trade – 0.03 lot, leverage 1:66, online chat, trading with an analyst, signals.
- Bronze: from 900,000 rubles, min. trade – 0.05 lot, leverage 1:100, online chat, trading with an analyst, signals, online analytics.
- Gold: from 2,500,000 rubles, min. trade – 1.00 lot, leverage 1:200, online chat, trading with an analyst, signals, online analytics, access to all markets, SMS notifications.
- Premium: from 9,000,000 rubles, min. trade – 1.50 lot, leverage 1:300, online chat, trading with an analyst, signals, online analytics, access to all markets, SMS notifications, office meetings.
Account Replenishment and Withdrawal from SeverFinance
For depositing or withdrawing funds, SeverFinance offers the use of cryptocurrency wallets, P2P operations, and Qiwi.
No information is provided on commissions and minimum withdrawals.
Conclusion
SeverFinance is a Russian forex broker offering everyone to join the team of registered users and start exploring the world of financial opportunities.
The broker provides access to international markets and various assets through a trading platform with a deposit starting from 20,000 rubles and leverage up to 1:300.
It reports being licensed by the Central Bank of Russia. Before trading on the Sever Finance platform, it is recommended to check the availability of a license.
I am thoroughly disappointed with my experience at SeverFinance. Their customer service was incredibly unresponsive and unhelpful, leaving me with more questions than answers. The fees were well above average, with extra fees for basic services that others provide for free. The platform’s user interface is terribly confusing and not user-friendly at all, making basic tasks very frustrating. Worst of all, their trade executions were seriously slow, resulting in significant losses on several occasions. I would not recommend SeverFinance to anyone. Their lack of professionalism and transparency makes for an overall abysmal trading experience.