Sandai Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-03-18 18:19

Abstract：Founded in 2020, Sandai is an unregulated brokerage registered in Saint Vincent and the Grenadines that offers trading in Forex, Indices, Commodities, Shares, Cryptocurrencies, and other CFDs with leverage up to 1:500 and spread from 0.4 pips on the Standard account. Demo accounts are available and the minimum deposit requirement to open a live account is $100.

Sandai Review Summary
Founded	2020
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Forex, Indices, Commodities, Shares, Cryptocurrencies, and other CFDs
Demo Account	✅
Leverage	1:500
EUR/USD Spread	From 0.4 pips (Standard account)
Trading Platform	MT4
Min Deposit	$100
Customer Support	Email: info@sandai-fx.com
Regional restriction	Japan

　　Founded in 2020, Sandai is an unregulated brokerage registered in Saint Vincent and the Grenadines that offers trading in Forex, Indices, Commodities, Shares, Cryptocurrencies, and other CFDs with leverage up to 1:500 and spread from 0.4 pips on the Standard account. Demo accounts are available and the minimum deposit requirement to open a live account is $100.

Pros and Cons

Pros	Cons
Diverse tradable assets	No regulation
Multiple account types	Regional restrictions
Demo accounts	Only email support
MT4 trading platform
Popular payment options

Is Sandai Legit?

　　No, Sandai holds no legal license. This means that the broker is not subject to regulatory standards. Therefore, it is generally recommended to choose regulated brokers that adhere to strict regulatory guidelines to ensure the safety of funds.

What Can I Trade on Sandai?

　　Sandai offers a variety of trading instruments for its clients. These instruments include:

　　Forex: EUR/USD, GBP/JPY, AUD/CAD...

　　CFDs: CFDs are available on indices, commodities, shares, and cryptocurrencies.

　　Indices: S&P 500, FTSE 100, DAX 30, Nikkei 225...

　　Commodities: gold, silver, crude oil, natural gas...

　　Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple...

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Sandai offers three types of real accounts: a Standard Account, a PRO Account, and a VIP Account. The Standard Account has a minimum deposit requirement of $100. The PRO Account necessitates a deposit of $5,000, while the VIP Account has an even higher deposit threshold, set at $20,000.

Account Type	Min Deposit
Standard	$100
PRO	$500
VIP	$20,000

Leverage

　　The trading leverage offered by Sandai is up to 1:500 for forex pairs and up to 1:100 for other trading assets, including indices, commodities, shares, and cryptocurrencies. Both leverage ratios are very high, implying significant risks, especially since the company is not regulated.

Asset Class	Max Leverage
Forex pairs	1:500
Indices	1:100
Commodities
Shares
Cryptocurrencies

Spread

Account Type	Spread
Standard	From 0.4 pips
PRO	From 0.2 pips
VIP	From 0.1 pips

Trading Platform

　　Sandai offers MetaTrader 4, a professional trading platform equipped with advanced charting tools and order execution options. This platform is accessible via web-based interfaces and mobile devices. However, given that Sandai operates without regulation, we strongly advise you to opt for a legal and regulated broker to ensure the safety of your transactions.