Score
SFEX
Saint Vincent and the Grenadines|2-5 years| https://sfexvip.com/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Brazil 2.63Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
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Website
sfexvip.com
Server Location
Singapore
Website Domain Name
sfexvip.com
Server IP
13.250.238.189
Company Summary
| SFEX Review Summary | |
| Founded | 2024-09-23 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex/Gold & silver/Stocks/Indexes/Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:100 |
| Spread | From 0.2 pips |
| Trading Platform | MT4/MT5/cTrader |
| Min Deposit | $1000 |
| Customer Support | Email: info@sfex.vip |
| Live chat | |
| YouTube/Pintrest/Twitter/Facebook | |
SFEX Information
Registered in Saint Vincent and the Grenadines, SFEX is a forex broker that offers access to various tradable instruments including forex, gold and silver, stocks, indexes, and cryptocurrencies. The broker also provides an ECN account with a maximum leverage of 1:100. The minimum spread is 0.2 pips, and the minimum deposit is $1000.
SFEXs official website redirects to other discontinued company websites: https://www.earnforex.com/. Its unregulated status makes it safe. The content of this article is all jump website information.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:100 | Unregulated |
| MT4/MT5 available | Unspecific transfer time and fee information |
| Spread from 0.2 pips | |
| Demo account available | |
| Various tradable instruments |
Is SFEX Legit?
SFEX claims to be regulated by IFSA under license number 443 LLC 2020. However, SFEX is not regulated, which is not as safe as a regulated one.
What Can I Trade on SFEX?
SFEX offers various market instruments, including forex, gold & silver, stocks, indexes, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Gold & silver | ✔ |
| Stocks | ✔ |
| Indexes | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ❌ |
| Shares | ❌ |
| Commodities | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
SFEX has only one account type: ECN. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | ECN |
| Minimum account size | $1000 |
| Spread | From 0.2 pips |
| Maximum Leverage | 1:100 |
| Minimum Position Size | 0.01 lot |
| Commission | $3 |
SFEX Fees
The spread is from 0.2 pips. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.
Trading Platform
SFEX cooperates with the authoritative MT4, MT5, and cTrader trading platforms to trade. Junior traders prefer MT4 over MT5, while traders with rich experience are more suitable for using MT5. MT4 and MT5 provide various trading strategies and implement EA systems.
| Trading Platform | Supported | Suitable for |
| MT4 | ✔ | Junior traders |
| MT5 | ✔ | Experienced traders |
| cTrader | ✔ | - |
Deposit and Withdrawal
The minimum account size is $1000. SFEX accepts Skrill, Wire transfer, UnionPay, and Tether for deposits and withdrawals. However, transfer processing times and associated fees are unknown.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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