Silwana Brokerage

Silwana Brokerage Review 

Silwana Brokerage, founded in 2018 and headquartered in Saint Vincent and the Grenadines, is an offshore brokerage that operates without regulation. The company provides access to a broad range of trading instruments, including forex, precious metals, indices, energies, and shares. Although it offers the MT5 trading platform, multiple account types, and educational programs, the absence of regulatory oversight combined with frequent reports of scams raises serious concerns about its credibility and reliability.

General Information

• Founded: 2018

• Headquarters: Saint Vincent and the Grenadines

• Regulation: None

• Instruments: Forex, precious metals, indices, energies, shares

• Platform: MT5

• Minimum Deposit: $100

• Demo Account: Available

• Customer Support: Email, telephone, social media

Pros and Cons

Pros:

• Wide selection of market instruments

• MT5 trading platform supported

• Demo accounts offered

• Multiple deposit and withdrawal options

Cons:

• No regulation or investor protection

• Numerous scam complaints reported

• Regional restrictions in place

Safety and Regulation

Silwana Brokerage is not licensed by any recognized financial authority. Traders should approach this broker with caution, as operating without regulation increases risks of fraud, fund insecurity, and unreliable practices.

Market Instruments

Clients can trade across different asset classes, including:

• Forex: Access to the world’s most liquid financial market

• Precious metals: Gold and silver as safe-haven assets

• Indices: Exposure to broad stock market benchmarks

• Energies: Trading opportunities in oil and natural gas

• Shares: Individual stocks of global corporations

Account Types

Silwana Brokerage offers three main account categories:

• Standard Account – Minimum deposit $100, spreads from 1.2 pips

• Dynamic Account – Minimum deposit $1,000, spreads from 1.5 pips

• STP Account – Minimum deposit $10,000, spreads from 0.2 pips
  All accounts are commission-free, and demo accounts are available for practice.

Fees and Spreads

• Standard: Spreads from 1.2 pips

• Dynamic: Spreads from 1.5 pips

• STP: Spreads from 0.2 pips

• Commissions: None charged

Trading Platforms

Silwana Brokerage uses MetaTrader 5 (MT5), a popular platform offering advanced charting tools, technical indicators, and automated trading through Expert Advisors (EAs). This enables clients to trade with greater efficiency, using algorithm-based strategies for 24/5 market access.

Deposits and Withdrawals

• Minimum Deposit: $100

• Methods: Bank Transfer, VISA, Perfect Money, Bitcoin, Tether, Cash

• Processing Time:

  • Bank transfer: 2–5 business days

  • Cards & Cash: Instant

  • PM: Up to 1 business day

  • Bitcoin/Tether: 1–5 business days
    No deposit or withdrawal fees are charged.

Customer Support

The company offers support through telephone, email, and social media platforms including Facebook, Twitter, LinkedIn, Instagram, and YouTube. Physical offices are located in Dubai at Yes Business Tower, 7th floor, PO Box 57976.

Education

Silwana Brokerage provides educational resources such as “Learn from Beginner” and “All About Trading” programs. These cover both fundamental trading principles for newcomers and advanced strategies including risk management and market analysis for experienced traders.

Conclusion

Silwana Brokerage offers diverse instruments, competitive spreads, and the MT5 platform, along with multiple account types and education programs. However, the lack of regulation and persistent scam allegations make it a risky choice for traders. Investors should carefully assess these risks before considering any engagement with this broker.