Score

1.30 /10
Danger

SDFX Global

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.38

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

SDFX Global

Company Abbreviation

SDFX Global

Platform registered country and region

India

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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SDFX Global · Company summary

Risk Warning

Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks.

General Information

SDFX Global Review Summary
Registered Country/Region India
Regulation No regulation
Market Instruments forex
EUR/USD Spread N/A
Trading Platforms N/A
Customer Support email, telephone, 24/7 online messaging, Whatsapp, social media

What is SDFX Global?

SDFX Global is an unregulated brokerage firm based in India that offers forex trading services to its clients. As it operates in a country with no specific regulations for forex brokers, SDFX Global lacks oversight from regulatory authorities.

SDFX Global's home page

Pros & Cons

Pros Cons
• Multiple contact ways • Lack of regulation
• Lack of transparency
• Lack of live chat service
• Limited trading asset classes
• Limited industry experience

SDFX Global Alternative Brokers

There are many alternative brokers to SDFX Global depending on the specific needs and preferences of the trader. Some popular options include:

  • Ally Invest - A reputable broker providing competitive pricing, a robust trading platform, and valuable educational resources, making it a strong choice for self-directed investors.

  • Merrill Edge - A trusted broker backed by Bank of America, offering a seamless integration with banking services, making it convenient for clients looking for a combined investment and banking experience.

  • TradeStation - A feature-rich broker with advanced charting tools, algorithmic trading capabilities, and a wide range of tradable instruments, ideal for experienced traders and those seeking sophisticated trading technology.

Is SDFX Global Safe or Scam?

Based on the information provided, the lack of valid regulation for SDFX Global raises concerns about its safety and legitimacy. Operating as an unregulated brokerage firm in a country with no specific regulations for forex brokers can increase the risk of potential scams or fraudulent practices. Therefore, it is important for traders to exercise caution when considering SDFX Global as their broker. It is advisable to opt for regulated brokers that provide stronger regulatory oversight and consumer protection measures.

Market Instruments

SDFX Global provides its clients with access to various market instruments for forex trading. These instruments typically include major currency pairs, minor currency pairs, and potentially some exotic currency pairs. However, the specific details regarding the range of market instruments offered by SDFX Global are not available.

Deposits & Withdrawals

SDFX Global accepts deposits and withdrawals exclusively through bank transfers. The exact details and procedures for depositing and withdrawing funds from SDFX Global are not provided, so it is advisable to contact their customer service for more specific information.

bank details

Customer Service

SDFX Global offers 24/7 customer support through multiple channels, including online messaging, email (info@sdfxglobal.com), telephone (+91 7601-821-012 / 7908-358-517 / 8927-834-513), WhatsApp (+91 7601-821-012), and various social media platforms such as Facebook, Twitter, Linkedin, Instagram, and YouTube. Clients can reach out to SDFX Global through these channels to seek assistance or address any concerns they may have.

online messaging
contact details

Conclusion

In summary, SDFX Global is an unregulated brokerage firm based in India, offering forex trading services without any specific regulatory oversight. It provides access to market instruments for forex trading, accepts deposits and withdrawals exclusively through bank transfers, and offers customer service through various communication channels. However, the lack of regulation and the lack of transparency raise concerns about the safety and reliability of the company. Traders should carefully evaluate the associated risks before considering SDFX Global as their broker.

Frequently Asked Questions (FAQs)

Q1: Is SDFX Global a regulated brokerage firm?

A1: No, SDFX Global is an unregulated brokerage firm operating in India.

Q2: What are the available deposit and withdrawal methods?

A2: SDFX Global accepts deposits and withdrawals exclusively through bank transfers.

Q3: Can I contact SDFX Global through social media?

A3: Yes, SDFX Global can be contacted through various social media platforms, including Facebook, Twitter, Linkedin, Instagram, and YouTube.

News

Exposure10 Indian Brokers Blacklisted by WikiFX

We live in an advanced technological era. As the Internet is getting advanced. The strategies used to loot people are also changing. Therefore, we also have to change our ways to avoid being victims. Instead of just knowing the best-regulated brokers in your region. You must know which brokers are red flags in your country. In this article, we are going to tell you about 10 blacklisted Indian brokers.

WikiFX
2024-09-12 15:23
10 Indian Brokers Blacklisted by WikiFX

ExposureSDFX Global: A Solid Choice for Traders?

SDFX Global is an unregulated brokerage firm based in India that offers forex trading services to its clients. As it operates in a country with no specific regulations for forex brokers, SDFX Global lacks oversight from regulatory authorities.

WikiFX
2024-08-28 17:00
SDFX Global: A Solid Choice for Traders?

ExposureWhy are people complaining about SDFX?

Is SDFX cheating with people? Why are users complaining about the broker? What’s the issue? In this article, we are telling you about the recent issue most of the users are facing and also warns you against the broker.

WikiFX
2023-12-13 18:09
Why are people complaining about SDFX?

News Is SDFX Global Scam or Legit?

SDFX Global is an unregulated brokerage firm based in India that offers forex trading services to its clients. As it operates in a country with no specific regulations for forex brokers, SDFX Global lacks oversight from regulatory authorities.

WikiFX
2023-08-11 15:07
 Is SDFX Global Scam or Legit?

User Reviews

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Tony96666
more than one year
Everything seemed fine until I attempted to withdraw funds. Worse, I noticed positions being closed at prices that never even appeared in the market. I strongly advise staying away from this broker!
Everything seemed fine until I attempted to withdraw funds. Worse, I noticed positions being closed at prices that never even appeared in the market. I strongly advise staying away from this broker!
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2024-02-29 13:37
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