Score

1.53 /10
Danger

SFX Capitals

New Zealand

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.18

Risk Management Index0.00

Software Index4.00

License Index0.00

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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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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

SFX Capitals · Company summary

General Information & Regulation

SFX Capitals is a Forex brokerage registered in New Zealand. It provides the MetaTrader 4 platform and а wide range of trading options. SFXCapitals is owned and operated by SFX CAPITALS MANAGEMENT LIMITED, a company not subject to any regulation.

Markets Instruments

Tradable financial instruments available on the SFX Capitals platform include forex currency pairs, indices, options, stocks, as well as some cryptos.

Minimum Deposit

SFXCapitals does not indicate its minimum initial deposit. Still, have in mind that most brokers require an initial investment of about 250 USD, while some big players even do not have a minimum deposit requirement at all.

No Demo Account

Although SFX Capitals gives you the option to download MetarTrader4, no demo account is available for traders to check their trading conditions.

Leverage

The maximum leverage allowed with SFX Capitals is higher than the levels, current restrictions impose on many regulated markets like the EU, the USA or Japan. And still, taking in to account that higher leverage means higher risk.

Spreads & Commissions

In terms of spreads and commissions, SFX Capitals does not make this part clear. Unregulated brokers love to hide their real trading fees to scam traders.

Trading Platform Available

SFXCapitals offer a web based trading platform for their binary options trade and a MetaTrader4 for forex and CFD trade. MT4 is a very practical trading solution – light and intuitive, it features user friendly charting tools, lots of market indicators and the option to support automated trading sessions with the help of specially designed, customizable trading robots.

Deposit & Withdrawal

The supported payment methods are the standards Visa and MasterCard, e-wallets such as Skrill, Neteller and PerfectMoney, as well cryptocurrencies such as Bitcoin and Ethereum.

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饶小东
more than one year
I am extremely worried about SFX Capitals because their website is no longer accessible and I have not been able to withdraw my money. It's a very frustrating experience and I'm not sure what to do next. I trusted this company with my investment and now it seems like they've disappeared without a trace.
I am extremely worried about SFX Capitals because their website is no longer accessible and I have not been able to withdraw my money. It's a very frustrating experience and I'm not sure what to do next. I trusted this company with my investment and now it seems like they've disappeared without a trace.
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2023-03-24 14:23
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