Strifor Review 2025: A Risk Analysis of This Unregulated Broker

Evaluating a brokers safety requires a close look at its regulatory status, trading environment, and user feedback. Strifor is a brokerage firm established in 2022 with its headquarters in Mauritius. While it offers digital account opening and the popular MT5 platform, its low WikiFX score of 1.99 and regulatory status raise significant concerns.

This review breaks down the safety, fees, and potential risks associated with trading on Strifor.

Is Strifor Legit? Regulatory Status and Safety

The most critical factor in choosing a broker is regulation. Our data indicates that Strifor does not hold a valid license from any major financial regulator. While the broker operates out of Mauritius, there is no record of effective regulation by a Tier-1 authority (such as the FCA or ASIC) or even an offshore regulator in the provided data.

Regulatory Summary

Risk Warning: The lack of regulation means that client funds may not be protected by compensation schemes. The WikiFX system has assigned Strifor a low score of 1.99, classifying it as a high-risk broker. Dealing with unregulated entities significantly reduces a trader's legal recourse in the event of disputes.

Trading Conditions: Accounts, Fees, and Platforms

Strifor provides trading services via the MT5 (MetaTrader 5) platform. This is a strong point for the broker, as MT5 is highly customizable and supports automated trading (EAs). However, the software does not support two-step login or biometric authentication, which is a security drawback.

Account Types and Leverage

Strifor offers four distinct account types. The leverage offered is high, reaching up to 1:500, which creates both high profit potential and high risk for traders.

The entry barrier varies significantly. While the Basic account requires no minimum deposit (“0”), the Islamic and Advanced accounts require substantial capital ($2,000 and $10,000, respectively). The Professional account requires a steep $20,000 deposit and actually caps leverage lower at 1:200 compared to the other accounts.

Customer Exposure: Complaints and User Feedback

Analyzing user feedback helps identify operational realities that valid data might miss. Recent exposure reveals a mix of experiences, ranging from successful crypto withdrawals to severe deposit issues.

Deposit and Support Issues

A significant complaint filed in March 2024 from a user in Pakistan reported that funds deposited into Strifor never reflected in the trading account. Despite sending bank statements and screenshots, the user received no response from support. This type of complaint—missing deposits and unresponsive service—is a serious red flag often associated with unregulated entities.

Positive Feedback on Withdrawals

Conversely, some users have reported positive experiences. A user from India mentioned that while they struggled with other brokers, Strifor processed crypto withdrawals without delay. Another user from Italy highlighted the broker's suitability for scalping on MT5 and confirmed timely payouts via crypto.

Pros and Cons of Strifor

Based on the factual data and user case history, here are the primary advantages and disadvantages of this broker.

Pros:

• Platform: Access to the industry-standard MT5 platform.
• Leverage: High leverage up to 1:500 is available.
• Account Variety: Four account types catering to different deposit levels (including Islamic options).
• Customer Service Channels: Support is available via Phone, Email, Facebook, WhatsApp, and YouTube, covering multiple languages.

Cons:

• No Regulation: The broker is unregulated, posing a severe safety risk to funds.
• Low Safety Score: A WikiFX score of 1.99 indicates poor reliability.
• Deposit Complaints: Reports exist of deposits not being credited to trading accounts.
• High Entry Barriers: Advanced features require deposits of $10,000 to $20,000.
• Limited Platform Support: The data suggests a lack of specific support for IOS, Android, or Web applications, relying heavily on the desktop MT environment.

Final Review Verdict: Can You Trust Strifor?

Is Strifor safe? Based on the available data, the answer is likely no.

Strifor is an unregulated broker established recently (2022) with a very low safety score. While the provision of the MT5 platform and high leverage might appeal to aggressive traders, the lack of regulatory oversight presents a fundamental risk. The existence of unresolved complaints regarding missing deposits further underscores the danger of trading with a platform that is not accountable to a financial authority.

For the safety of your capital, it is highly recommended to choose brokers that hold valid Tier-1 licenses.

Stay protected in the markets. Before depositing money, always check the broker's regulatory status and latest complaints on the WikiFX App.