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sova capital

United Kingdom United Kingdom | 5-10 years |
Regulated in United Kingdom | Inst Market Making (MM) | Suspicious Operational Region | High Potential Risk

https://sovacapital.com/

Website

Rating Index

License 5.50 Software 5.69 Risk Control 0.00 Business 7.62 Regulation 6.32
5.14

Influence

Influence

D

Influence Index NO.1

United States United States 2.41
Surpassed 51.40% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+44 02078268200
https://sovacapital.com/
C/O David Philip Soden, Ian Colin Wormleighton and Stephen Browne of Teneo 60 St Martin’s Lane London WC2N 4JSW C 2 N 4 J S UNITED KINGDOM

license Forex License 1

VPS Standard
No Broker Account Restrictions

Single Core

1G

40G

1M*ADSL

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WikiFX Risk Alerts
  • This broker has accumulated 1 negative field survey reviews on WikiFX. Please be aware of the risk and guard against potential fraud.
3

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
SOVA Capital Limited
Abbreviation
sova capital
Employees
--
Email
info@sovacapital.com
Contact Number
+4402078268200
Address
C/O David Philip Soden, Ian Colin Wormleighton and Stephen Browne of Teneo 60 St Martin’s Lane London WC2N 4JSW C 2 N 4 J S UNITED KINGDOM
Business Region
Verified Site
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Official Website

Verified Site

  • sovacapital.com
    77.244.216.2
    Server Location
    Russia Russia
    ICP Registration No.
    --
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    --
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sova capital

Related Companies

SOVA CAPITAL LIMITED(United Kingdom)
United Kingdom
SOVA CAPITAL LIMITED(United Kingdom)
Unknown
United Kingdom
Registration No. 04621383
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

General Information & Regulation

VEO Invest was founded in 1995 by a Russian who, a year later, joined forces with other financial individuals to create Otkritie, a retail brokerage firm. In 2007, Otkritie Capital established an independent investment banking and brokerage division with offices in Moscow, London, and New York to provide advisory services to corporate and institutional clients. In 2014, all of the firm's investment banking and institutional businesses, including Otkritie Securities Limited (UK) and Otkritie Inc (US), changed their names to Otkritie Capital International, and in 2015 moved their headquarters to London. In February 2018, Otkritie Capital International Limited changed its name to Sova Capital Limited, which now holds an investment advisory license from the FCA in the UK, license number 225539.

Market Instruments

Sova Capital offers investors a range of financial products, including equity and derivatives, commodities, fixed income, spot FX, listed futures and OTC FX contracts, structured products, and investment solutions. Financing.

Minimum Deposit

Unfortunately, the minimum deposit requirement is not fully disclosed on its official website. So we have no idea about the rough funding amount to trade with this broker.

Spreads & Commissions

The spread is an opportunity cost in that it reduces the amount of profit that can be captured from the daily range. Forex brokers with low spreads are ususally popular among forex traders. However, this broker does not tell us any related information on spreads or commissions, making transaction cost unclear.

Sova Capital Leverage

Forex traders often use leverage to profit from relatively small price changes in currency pairs. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders. Sova Capital does not offer detailed information on trading leverage.

Customer Support

The Sova Capital customer support team can be reached through telephone, email, or traders can choose to directly visit its office. Besides, there are also some social media platform available, such as Linkedin, Youtube, and Facebook.

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Company Profile

  • 5-10 years
  • Regulated in United Kingdom
  • Inst Market Making (MM)
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is sova capital regulated?

Yes. SOVA Capital Limited is authorized and regulated by the UK's Financial Conduct Authority (FCA) under license number 225539, which is a major global regulatory body.

04-02
United States

When was sova capital established?

The firm traces its operational lineage back to the mid-1990s and its current entity, SOVA Capital Limited, has been operating for an estimated 5-10 years. It is registered in the United Kingdom.

04-02
United States

How can I withdraw money from sova capital?

Specific withdrawal methods, policies, and processing times for SOVA Capital are not publicly disclosed in its operational profile. As a regulated FCA entity, traders should consult the broker's official client agreement for precise terms.

04-02
United States

Can sova capital be trusted by traders?

The broker holds a valid license from a top-tier regulator, the UK FCA, which mandates client fund segregation, participation in a compensation scheme, and regular audits. This regulatory framework provides a foundational level of oversight and potential redress.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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