SFEX is a well-established broker since 2019. SFEX has a headquarter in St. Vincent and Grenadines. SFEX to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by IFSA (St. Vincent and Grenadines) 443 LLC 2020.
Company Information
Features
💰 Bonus offers
🏆 Trading contests
📊 MAM accounts
📁 Segregated accounts
🗺 Vps
Account Information
Apart from the forex demo account, this broker offers ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by SFEX is up to 1:100. Meanwhile, you can open an account with a starting capital of $1000.
Min Deposit
$1000
Max Leverage
1:100
Spread
Variable
Commission
$3
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $1000
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
Instruments Traded
Besides lots of currency pair, SFEX also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks, Indexes and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for ECN account, SFEX specifically provides it with the following instruments and leverage:
Payment Methods
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
SFEX also provides payment with UnionPay and Tether (USDT)
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, SFEX offers you MetaTrader 4.
Customer Support
Do you have any question or find any trouble related to SFEX? If you do, you should reach SFEX's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About SFEX
Is SFEX a good broker?
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if SFEX is a good broker for you or not by reviewing the criteria. In general, SFEX provides trading service in Forex , Gold & silver , Stocks , Indexes and Crypto . As for the payment methods, you can choose between Skrill, Tether (USDT), UnionPay and Wire transfer. The customer support is available via Email and Live chat.
What is the minimum deposit for SFEX?
The starting capital in SFEX is $1000.
Is SFEX regulated?
SFEX is regulated by IFSA (St. Vincent and Grenadines) 443 LLC 2020. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Is SFEX legit?
SFEX is a brokerage company offering trading services for clients since 2019 with offices in St. Vincent and Grenadines.
