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Silwana Brokerage

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|White label MT4|Regional Brokers|High potential risk|


Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

Server Name
Silwanabrokerage-DEMO MT4
Server Location Ireland


+971 (0)45563000
Yes Business Tower, seven floor, offices 708, 709, 710, Al Barsha first, Dubai, United Arab Emirates, PO Box 57976


No valid regulatory information, please be aware of the risk!

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No restriction on the broker account. Support service provided by WikiFX

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Contact number


+971 (0)45563000

Broker Information


Company Name

Silwana Brokerage LLC

Company Abbreviation

Silwana Brokerage

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint


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Warning: Low score, please stay away!
Previous Detection : 2024-04-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Silwana Brokerage · Company Summary

Risk Warning

Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks.

General Information

Silwana Brokerage Review Summary
Founded 2018
Registered Country/Region Saint Vincent and the Grenadines
Regulation No regulation
Market Instruments forex, precious metals, indices, energies, and shares
Demo Account Available
EUR/USD Spread 1.2 pips (Std)
Trading Platforms MT5
Minimum Deposit $100
Customer Support email, telephone, social media

What is Silwana Brokerage?

Silwana Brokerage is an unregulated brokerage firm which offers a wide range of trading instruments, covering various asset classes, such as forex, precious metals, indices, energies, and shares. However, it is important to note that Silwana Brokerage currently lacks regulation and has been associated with reports of scams, raising concerns about the safety and reliability of the brokerage. Traders should exercise caution and thoroughly research the risks associated with an unregulated broker before engaging in any investment activities with Silwana Brokerage.

Silwana Brokerage's home page

We will examine this broker's attributes from a variety of angles in the following post, giving you clear and organized information. Please continue reading if you're curious. To help you quickly comprehend the broker's qualities, we will also provide a concise conclusion at the end of the piece.

Pros & Cons

Pros Cons
• Offers various market instruments • Numerous reports of scams
• Demo accounts supported • Lack of valid regulation
• Offers MT5 trading platform • Regional restrictions
• Wide range of deposit/withdrawal methods available

Silwana Brokerage Alternative Brokers

There are many alternative brokers to Silwana Brokerage depending on the specific needs and preferences of the trader. Some popular options include:

  • FXTM - ForexTime (FXTM) provides a variety of account types, educational materials, and analysis tools. It offers competitive trading conditions and a range of instruments to trade.

  • XM - XM offers a diverse range of trading instruments, competitive spreads, and multiple account types. It is known for its educational resources and customer support.

  • IG - A globally recognized broker known for its competitive spreads, extensive market coverage, and user-friendly platforms - recommended for traders of all levels seeking a reliable and feature-rich trading environment.

Is Silwana Brokerage Safe or Scam?

Despite offering a variety of trading instruments, account types, and trading tools, Silwana Brokerage's lack of regulation raises concerns about the safety and reliability of the broker. Moreover, the presence of numerous reports of scams adds to the skepticism surrounding brokerage. Traders should exercise caution and thoroughly research the risks associated with using an unregulated brokerage before considering any investment with Silwana Brokerage.

Market Instruments

Silwana Brokerage's diverse array of trading instruments presents traders with a wide range of investment opportunities, allowing them to access and explore various global markets across multiple asset classes.

The inclusion of forex, the largest and most liquid financial market globally, empowers traders to engage in currency trading and take advantage of fluctuations in exchange rates between different currencies.


Moreover, the availability of precious metals like gold and silver offers a safe-haven option for investors during times of economic uncertainty, as these assets are often considered as stores of value.

precious metals

Indices trading enables traders to speculate on the overall performance of specific stock market indices, providing exposure to a broader market segment rather than individual stocks.


Additionally, energy trading opens up possibilities in the oil and natural gas markets, which are heavily influenced by geopolitical events and supply-demand dynamics.


The inclusion of shares further diversifies the trading options, allowing investors to trade individual stocks of various companies, ranging from well-established corporations to emerging firms. This presents opportunities for investors to capitalize on the performance of specific companies and sectors based on their analysis and market outlook.



Silwana Brokerage offers three types of trading accounts: Standard accounts, Dynamic accounts, and STP accounts. These accounts have different minimum deposit requirements, starting at $100 for Standard accounts, $1000 for Dynamic accounts, and $10,000 for STP accounts. To facilitate risk-free practice and familiarization with the trading platform, Silwana Brokerage also provides demo accounts. These demo accounts allow clients to access virtual funds and simulate real-market conditions, providing an invaluable opportunity to test various strategies and develop confidence in their trading abilities before committing real funds.

Account Type Minimum Deposit
Standart $100
Dynamic $1000
STP $10000
account types

Spreads & Commissions

The spreads offered by Silwana Brokerage vary across different account types. Standard accounts have spread starting from 1.2 pips, Dynamic accounts from 1.5 pips, and STP accounts from 0.2 pips. Notably, the broker does not charge any commissions on trades for all types of accounts. By offering a range of spreads tailored to different account types and eliminating commissions, Silwana Brokerage aims to provide a fair and transparent pricing model that aligns with the diverse needs and trading strategies of its clientele. This approach allows traders to focus on their trades without worrying about hidden fees, fostering a positive trading experience with the broker.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread (pips) Commissions (per lot)
Silwana Brokerage 1.2 (Std) No commission
FXTM 1.5 N/A
XM 0.6 N/A
IG 0.6 $10 per trade

Trading Platform

Silwana Brokerage utilizes the MT5 trading platform, a popular and widely used platform in the financial industry. MT5 offers advanced charting tools, technical indicators, and expert advisors, providing traders with a comprehensive and user-friendly interface for executing trades and conducting market analysis. Can you expand the paragraph with sentences? For traders seeking automated trading solutions, MT5's expert advisors (EAs) prove to be invaluable tools. These EAs are algorithmic trading programs that execute trades on behalf of the trader based on pre-defined trading strategies. This feature enables traders to participate in the markets 24/5, even when they are not actively monitoring their accounts.


See the trading platform comparison table below:

Broker Trading Platforms
Silwana Brokerage MT5
FXTM MetaTrader 4, MetaTrader 5, FXTM Trader
XM MetaTrader 4, MetaTrader 5, Trading software
IG IG WebTrader, IG API, MetaTrader 4, ProRealTime

Trading Tools

Silwana Brokerage goes the extra mile in supporting its clients' trading endeavors by offering a suite of essential trading tools to enhance their decision-making processes.

The Economic Calendar is a valuable tool that keeps traders informed about significant upcoming market events, such as economic indicators releases, central bank announcements, and geopolitical events.

Economic Calendar

The provision of Daily Market Research further enriches the trading experience for clients. By receiving expert analysis and commentary on current market trends and developments, traders gain valuable insights into various financial instruments and markets. This timely information empowers traders to make informed decisions, adapt to changing market conditions, and identify potential trading opportunities.

Daily Market Research

Additionally, Silwana Brokerage's Market Analysis and Insights offer a comprehensive perspective on market movements, providing in-depth research and technical analysis. This tool equips traders with a deeper understanding of asset price dynamics and enables them to refine their trading strategies based on a more thorough evaluation of market behavior.

Market Analysis and Insights

Deposits & Withdrawals

Silwana Brokerage places a strong emphasis on convenience and accessibility for its clients, offering a wide range of deposit and withdrawal methods to cater to diverse needs.

Clients can opt for traditional methods such as Bank Transfer and VISA, which are widely used and accepted across the financial industry. These methods provide a secure and familiar way for traders to fund their accounts and withdraw their profits.

In addition to traditional options, Silwana Brokerage recognizes the growing popularity of digital currencies and offers alternative payment methods such as PM (Perfect Money), bitcoin, and tether. Embracing these cryptocurrencies allows for faster and borderless transactions, providing clients with added flexibility and convenience when managing their funds.

Notably, Silwana Brokerage sets a minimum deposit requirement of $100, making it an inclusive choice for traders with various budget sizes. This lower entry point enables both new and experienced traders to access the financial markets and take advantage of the broker's services, regardless of their initial capital.

Silwana Brokerage minimum deposit vs other brokers

Silwana Brokerage Most other
Minimum Deposit $100 $100
No deposit/withdrawal fees are charged. The processing time varies on the payment method. Specifically, bank transfer takes 2-5 working days, Visa/MasterCard and CASH are instant, PM takes up to 1 working day, bitcoin and tether take 1-5 business days.
payment methods

User Exposure on WikiFX

On our website, you can see reports of scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section. We would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Customer Service

Silwana Brokerage prioritizes customer satisfaction and accessibility by offering a diverse range of customer service channels. Clients can contact the brokerage through telephone support at +971(0)45563000, providing a direct and real-time means of communication for urgent inquiries or assistance. Additionally, clients can reach out via email at, allowing for more detailed or non-urgent queries to be addressed promptly.

Acknowledging the significance of social media as a communication platform, Silwana Brokerage maintains an active presence on various platforms, including Facebook, Twitter, LinkedIn, Instagram, and YouTube.

Silwana Brokerage provides its physical address as Yes Business Tower, located on the seventh floor, offices 708, 709, and 710, in Al Barsha first, Dubai, United Arab Emirates, with PO Box 57976.

contact details


Silwana Brokerage places a strong emphasis on empowering its clients with the necessary knowledge and skills to make informed trading decisions. The educational platform, which includes the “Learn from beginner” and “All about trading by Silwana brokerage” programs, serves as a comprehensive resource center.

For beginners, the “Learn from beginner” program offers a step-by-step guide, covering the fundamental principles of trading, market terminology, and basic trading strategies. This foundational course equips novice traders with the essential knowledge to confidently enter the financial markets.

For experienced investors seeking to refine their trading strategies, the “All about trading by Silwana brokerage” program delves into advanced trading concepts, technical and fundamental analysis, risk management techniques, and more. By offering this program, Silwana Brokerage caters to traders at different stages of their trading journey, enabling them to enhance their existing skills and adapt to changing market conditions.



Silwana Brokerage is a brokerage firm founded in 2018, based in Saint Vincent and the Grenadines. It offers a diverse range of trading instruments across different asset classes, along with several types of trading accounts, each with distinct minimum deposit requirements. The broker provides the MT5 trading platform and offers multiple trading tools, including an Economic Calendar, Daily Market Research, and Market Analysis and Insights. Additionally, Silwana Brokerage offers educational resources for traders. However, the lack of regulation and reports of scams raise significant concerns about the safety and reliability of the brokerage. Potential clients should exercise caution and consider these risks before engaging with Silwana Brokerage.

Frequently Asked Questions (FAQs)

Q1: What trading platform does Silwana Brokerage provide?

A1: Silwana Brokerage offers the MT5 trading platform for its clients, which provides advanced charting tools, technical indicators, and expert advisors.

Q2: What deposit and withdrawal methods are accepted by Silwana Brokerage?

A2: Silwana Brokerage accepts deposits and withdrawals via Bank Transfer, VISA, PM, CASH, bitcoin, and tether, with a minimum deposit requirement of $100.

Q3: What types of trading instruments does Silwana Brokerage offer?

A3: Silwana Brokerage offers a variety of trading instruments across different asset classes, including forex, precious metals trading, indices, energies, and shares.

Q4: Is Silwana Brokerage regulated by any financial authority?

A4: No, Silwana Brokerage is not regulated by any financial authority, and it operates without regulatory oversight.

Q5: Does Silwana Brokerage have any regional restrictions?

A5: Yes, Silwana Brokerage Limited does not provide services to residents of the USA, Canada, Sudan, Syria, North Korea.

User Reviews

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more than one year
After using Silwana Brokerage for about three weeks with a real account, I must say that my overall experience has been quite positive. However, the technical difficulties on their web platform have been driving me crazy. I've encountered short-term and even long-term connection issues nearly a dozen times so far. On the bright side, I do like the mobile app. I hope they can address and fix the issues with the platform because I have full confidence in the company itself.
2024-02-05 21:17
more than one year
no good,money Eill sotp trede。danger。when you ni mt4.mt5。this com.will run。!
2022-12-19 13:43
more than one year
The company's trading conditions look good, but I saw on wikifx that it has no regulatory information. Maybe it is an unsafe company! To be on the safe side, I wouldn't invest here.
2022-12-09 11:03
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