SFX Markets - Forex Broker information, rating, reviews

SFX Marketshttps://www.sfx-markets.com/
Status
Regulation FSA
Trading software SFX
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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SFX Markets trading information

WWW https://www.sfx-markets.com/
Address 84 Spyrou Kyprianou Avenue, AGP Chambers 4004 Limassol, Cyprus
Headquarters Limassol, Cyprus
Free phone +357 25 281 781
24 hour support
Free education
Mobile trading
Automated trading
Daily analysis
Demo account
24 hour trading
Commissions
Digits after the dot in quotes 5
Minimum position size 0.01
Pip spread on majors 0.1-3
Spread Type fixed
Leverage 100:1
ECN, $
Standard account, $ 300
Mini account, $ 300
Popular payment methods bank transfer, Neteller, ePayments
Account currencies USD, EUR
Other instruments gold, commodities, CDF
Languages English, Russian
Platforms SFX
Broker type Broker, STP
Regulation FSA
Foundation 2011
SFX Markets latest reviews

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.

Alex   18 April, 2019  

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.

Alex   7 April, 2019  

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.

Dave   28 February, 2019  
Cryptocurrencies are available on MT4 FIXED & MT4 NDD at FIBO GROUP!

Cryptocurrencies are available on MT4 FIXED & MT4 NDD at FIBO GROUP!Trading with cryptocurrencies is available with the following types of accounts: MT4 Fixed, MT4 NDD. Apart from trading, you may also invest in CFD for cryptocurrencies using the service of managed accounts PAMM which allows having a higher income both for investors and managers. Choosing such an effective and modern type of financial instrument as cryptocurrency, you get a new prospect of earning on the skyrocketing financial asset. Trading rules may be found on the "Contract Specifications" page for MT4 NDD and MT4 Fixed types of accounts.

Currently big issues with SFX as unable to withdraw funds.

Charles B   21 February, 2019  

I'm having the same issue. I've been trying to withdraw my money for a month now, and they come with all sorts of excuses. They take days to reply and have not presented a good explanation for this issue. That's frustrating. Definitely not recommended. Do not give your hard earned money to them. Choose a Australian broker instead.

Luiz Roberto   25 February, 2019

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.

Sean.J   24 July, 2017  
  


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