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SGL -

Score

1.55 /10
Danger

SGL

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.sglfd.com

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Comparison

Quantity 8

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.32

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
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

open now

Broker Information

More

Company Name

Spark Global Limited

Company Abbreviation

SGL

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2026-01-19
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has received a total of 8 user complaints against this broker, please be aware of the risks and do not be scammed!

WikiFX Verification

Exposure

8 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw. Beguile u by dating apps

Can't withdraw funds wihout 30% margin. The fraud use dating apps to beguile people, such as Pairs

2020-12-13 22:49
Unable to Withdraw

SGL is a fraud platform

It feels like a formal platform while later, you'll see its true colors. You can't withdraw. Never invest here.

2020-10-26 17:44
Unable to Withdraw

I need a your help please I want to withdraw

2 month nobody contact me i will deposit money I want to withdraw my account I’m work garage I have a 4 kids my salary small please send me my money back

2022-01-01 16:11
Unable to Withdraw

Counterfeit ThinkMarkets

Unable to withdraw. Formerly called SGH. Now it counterfeits ThinkMarkets, trading AECUSD. Induce you to deposit. However, if you wanna withdraw, they will use a lot of reasons to let you pay fees.

2020-10-19 22:15
Unable to Withdraw

SGL didn’t respond and even locked you account.

I applied for the withdrawal on July 7th, while service read my message without responding. Take heed on it.

2020-07-31 22:08
Unable to Withdraw

My account was froze inexplicably, causing unable to withdraw. The platform asks me to add fund to unfreeze it.

My account was froze inexplicably, causing unable to withdraw. The platform asks me to add fund to unfreeze it.

2019-12-25 23:09
Others

fake website

Some guys use fake website to fraud others. The website is link below. https://www.gmi-markets.net/ And it will mail you a account but the server is linking to SparkGlobal-live.

2020-09-28 00:50
Unable to Withdraw

The account used in last year disappeared

My Spark Global account remained tens of thousands of dollars. But I was unable to withdraw this year because the account was unavailable. The customer service could not explain it. I don’t know what to do.

2021-08-02 22:41

    User Reviews

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    User comment

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    Comments

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    李之凡
    more than one year
    I had a bad experience with SGL. Their website is no longer accessible, which is probably a good thing so that no new victims will fall for their scam. However, I am disappointed that they were able to take advantage of people before they were shut down. I learned that the hard way with SGL and now I regret it so much.
    I had a bad experience with SGL. Their website is no longer accessible, which is probably a good thing so that no new victims will fall for their scam. However, I am disappointed that they were able to take advantage of people before they were shut down. I learned that the hard way with SGL and now I regret it so much.
    Translate to English
    2023-03-24 14:18
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