|Headquartered||84 Spyrou Kyprianou Avenue, AGP Chambers 4004 Limassol, Cyprus|
Being founded in 2011 SFX markets forex broker has already been working by now on the global currency markets for five successful and highly productive for the broker’s customers years. sfx markets broker offers to the international traders’ community all the main industry products and services including online trading currency pairs and contracts for difference for various financial assets. sfx ltd offers very competitive spreads starting from as low as 0.1 pips which is one of the best forex spread offer in the industry. sfx forex also provides trading indices. The broker works on Straight through process mode, so a customer’s trading orders are not influenced by the broker as a dealing center. sfx markets reviews are a helpful auxiliary tool which can assist a trader in their trading on news. The fact that the sfx markets allows and greets various trading strategies makes the company best broker for scalping and hedging. sfx markets forex provides its clients trading with mt4 platform and SFX . sfx online educational webinars will help a novice trader to learn the basic fact about currency markets and the usage of trading software and strategies.
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|Address||84 Spyrou Kyprianou Avenue, AGP Chambers 4004 Limassol, Cyprus|
|Free phone||+357 25 281 781|
|24 hour support|
|24 hour trading|
|Digits after the dot in quotes||5|
|Minimum position size||0.01|
|Pip spread on majors||0.1-3|
|Standard account, $||300|
|Mini account, $||300|
|Popular payment methods||bank transfer, Neteller, ePayments|
|Account currencies||USD, EUR|
|Other instruments||gold, commodities, CDF|
|Broker type||Broker, STP|
This is what i received. Dear valued customer, Despite the overall successful and fruitful year of 2018, we deeply regret to inform that the financial industry is currently undergoing Anti Money Laundering and Know Your Customer mandatory surveillance procedures due to the intense pressure from EU regulatory authority amid the recent alarming high-profile money laundering scandals in the region. The exercise is also in line with the current global enforcement of checks and control over all financial activities by the financial institution regulators. In view of the above, there will be inadvertent delay in payment of your withdrawals during this period of time and concurrently we would advise that deposits for new investment be deferred until the completion of the compliance process which you will be duly notified. We are part of the financial institution who is fully committed to abide by all the regulations and compliances for the interests of all our customers, as such your understanding and patient is much appreciated. We apologize and regret for all the frustration and inconvenience caused. Thank you.
Its a scam broker. Just stay away. My friends lost their life savings to this broker thru their proxies partners in asia. Now they are keeping the profits + deposits citing anti money laundering compliance. From what i see its a total scam. Good luck all.
Same here. I made a request to withdraw my funds of US$11K+ by wire transfer on 11 Jan 2019. About two weeks later on 23 Jan 2019, my money was still not returned to my bank account. Upon asking, SFX replied that my withdrawal request was being reviewed by compliance team. Four weeks later on 7 Feb 2019, I asked SFX again when my withdrawal will be processed. Guess what? SFX replied that they do not know and they refused to check with their compliance department! On 14 Feb 2019, I told SFX that if my withdrawal is still not processed, I will raise this issue at the FPA. SFX replied that they will process ASAP. Since then, I have not heard anything from them and my funds are still not returned to me. By any industry standard, I don't think any broker requires more than 1 month to process a withdrawal request by wire transfer. I am afraid SFX does not intend to return my funds (which are mostly made up of my deposit and some profits). Please stay away from this scam broker if you cherish your hard earned money.
Currently big issues with SFX as unable to withdraw funds.
Great option for beginners. Company offers many free features to help me develop my trading plan. I would say that some experienced traders could get lots of useful information from webinars too. Online courses and webinars helped me to develop the base of understanding fundamentals. It’s about market structure, variety of trading strategies and market analysis. Moreover, broker offers market review on daily and weekly bases. I honestly wouldn’t say it works perfect but helps me to filter some wrong signals based on my own approach. Good broker in general.