Score

1.50 /10
Danger

StreamsFX

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.95

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Streams Financial Services Ltd

Company Abbreviation

StreamsFX

Platform registered country and region

Cyprus

Company website

X

Facebook

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 376/19) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

StreamsFX · Company summary
StreamsFX Review Summary
Founded5-10 years
Registered Country/RegionCyprus
RegulationSuspicious clone
Market InstrumentsAccess to commodities, forex, indices, and precious metals
Demo AccountAvailable
Leverage1:30
Spreadfrom 0 pips
Trading PlatformMetaTrader4 (MT4)
Min Deposit$20,000
Customer SupportPhone: +357 25055782
Email: support@streamsfx.com

StreamsFX Information

StreamsFX, registered in Cyprus, offers traders services for trading commodities, forex, indices, and precious metals. Clients can contact it through phone number (+357 25055782) and Email ( support@streamsfx.com).

Pros and Cons

ProsCons
Multiple trading assetsUnregulated Status
Minimum deposit as high as $500
Unaccessble offcial website

Is StreamsFX Legit?

StreamsFX is represented to be regulated by the Cyprus Securities and Exchange Commission with License Number 376/19. However, its license is a suspicious clone.

Is StreamsFX Legit?
Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
Is StreamsFX Legit?
Cyprus Securities and Exchange CommissionStreams Financial Services LtdStraight Through Processing(STP)376/19

What Can I Trade on StreamsFX?

The tradable financial instruments available to customers at the StreamsFX platform include commodities, forex, indices and precious metals. Using Forex instruments, traders can choose from 25 available assets.

Tradable InstrumentsSupported
Commodities
Forex
Indices
Crypto currencies
Precious metals
Binary Options
Mutual Funds
Futures

Account Types

Three account types are available provided by StreamsFX for clients to choose from: Classic (minimun deposits from $500), Pro (minimun deposits from $500) and ECN (minimun deposits from $20,000).

Besides, demo accounts are offered.

Minimum Deposit
Classic Account$500
Pro Account$500
ECN Account$20,000

Leverage

StreamsFX offers leverage levels up to 1:200.

StreamsFX Fees

The Classic account has a spread of 1.6 points and does not require a commission. The spread for Pro and ECN accounts starts at 0 points, but commissions of $4 and $3.50 are charged for each party.

SpreadCommission
Classic Accountstart from 1.6Free
Pro Accountstart from 0$4
ECN Accountstart from 0$3.50

Trading Platform

MetaTrader4 (MT4) is the one chosen by StreamsFX to serve clients.

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader4 (MT4)Windows, MAC, IOS, AndroidInvestors of all experience levels

Deposit and Withdrawal

Payment methods supported by StreamsFX include Visa, Mastercard and Maestro credit/debit cards, some popular e-wallets such as Skrill and Neteller, and bank transfers.

User Reviews

More

User comment

1

Comments

Write a review

医师协会"治未病"技术服务站
more than one year
Thank you for the assistance, it was really helpful. You made me easier to understand how to navigate on the platform. I will ask again if I have any questions. Thank you again.
Thank you for the assistance, it was really helpful. You made me easier to understand how to navigate on the platform. I will ask again if I have any questions. Thank you again.
Translate to English
2023-02-23 18:23
Reply
0
0