Score

1.46 /10
Danger

SFG Trading

Vanuatu

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.58

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

SFG Trading

Company Abbreviation

SFG Trading

Platform registered country and region

Vanuatu

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The VanuatuVFSC regulation (license number: 40356) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

SFG Trading · Company summary
SFG TradingReview Summary
Founded2024-07-21
Registered Country/RegionVanuatu
RegulationSuspicious Clone
Market InstrumentsCDFs on Forex, Futures, Indices, Metals, Energies, and Shares
Demo Account/
LeverageUp to 1:500
SpreadFree 0.0 pips
Trading PlatformMT4/MT5(Desktop/Windows/Mobile)
Min Deposit$100
Customer SupportEmail: support@sfgtrading.com

SFG Trading Information

SFG Trading is a broker engaged in over 15000+ tradable products with a maximum leverage of 1:500 include CDFs on Forex, Futures, Indices, Metals, Energies, and Shares. The broker also provides EDGE and Classic accounts with the minimum spread is from 0.0 pips and the minimum deposit is $100. SFG Trading is still risky due to its Suspicious Clone status.

SFG Trading Information

Is SFG Trading Legit?

SFG Trading is regulated by the Vanuatu Financial Services Commission(VSC) and its status is Suspicious Clone, making it less safe than regulated brokers.

Is SFG Trading Legit?
Is SFG Trading Legit?

What Can I Trade on SFG Trading?

SFG Trading offers 15000+ products, including CDFs on Forex that trade 60+ currency pairs, Futures, Indices, Metals, Energies, and Shares.

Tradable Instruments Supported
Forex
Futures
Indices
Energies
Metals
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on SFG Trading?

Account Type

SFG Trading has EDGE and Classic accounts with different spreads and commissions. Traders who want low spreads can choose an EDGE account, while those who prefer free commission can open a Classic account.

Account Type EDGEClassic
Min Spread0.0 pips(Raw)1.0 pips(Variables)
Commission$7 per round turnFree
Min Deposit$100$100
Min Lot Size0.01 Lot0.01 Lot
Max Leverage1:5001:500
FundingFreeFree
Execution TypeECNECN

SFG Trading Fees

The spread is as low as 0.0 pips and the Classic account charges 0 commission. The lower the spread, the faster the liquidity.

SFG Trading Fees

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified SFG Trading times.

Leverage

Trading Platform

SFG Trading cooperates with the authoritative MT4 and MT5 trading platform available on desktop, windows, and mobile. MT4 and MT5 provide various trading strategies and implement EA systems.

Trading PlatformSupported Available Devices
MT4/MT5Desktop/Windows/Mobile
Trading Platform

Deposit and Withdrawal

The minimum deposit is $100. SFG Trading accepts MasterCard, Skrill, Union transfer, and VISA for deposit and withdrawal.

Deposit and Withdrawal

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心随你远行
more than one year
Fraud Alert!!! Please avoid SFG Trading at all costs. There is a massive manipulation on spreads to take you out of position. Up to 7 times the normal spread. Go away from them!!!
Fraud Alert!!! Please avoid SFG Trading at all costs. There is a massive manipulation on spreads to take you out of position. Up to 7 times the normal spread. Go away from them!!!
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2023-02-14 13:51
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