SFX Markets Reviews

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Traders Rating on Forex-Ratings.com

SFX Markets Traders Rating on Forex-Ratings.com 3 based on 122 reviews
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Review Rating - 4
I've registered demo account and got tens of phone calls from support. They've asked me how is my trading and if I'm ready to open a real account. They don't want to know if I cannot trade profitably. The only purpose they make phone calls is to make me to open real acct and deposit real money. Doesn't matter if their customers lose money. I always thought broker is supposed to care about customers but not to force them deposit as much money as possible. But I think problem not only in my inability to trade profitably. It comes from lack of appropriate information how to use platform and how it works with different asset classes. For example, when I trade CFD on gold and low liquid stocks, I get the same quality of execution. It doesn’t have to be like that. This is absolutely different instruments and gold is supposed to be more liquid than any stocks. But it’s not.

Review Rating - 2
STP order execution is not good as expected. I invested $20K to get support for fix API trading but it has some bugs that make whole process not effective. I think to take a time out and wait until they fix delays. Definitely, twenty thousand dollars as initial deposit should guaranty much better processing and liquidity access. It seems a bit raw technology but they said it will be fixed in the nearest future. Let's wait.