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No Regulation
Score
1.47 /10
Danger
SFI
2-5 yearsSuspicious Regulatory License
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.71
Risk Management Index0.00
Software Index4.00
License Index0.00
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
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-13
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note: SFI's official website: https://www.starfinanceinvestment.com/ is currently inaccessible normally.
| SFIReview Summary | |
| Founded | 2-5 years |
| Registered Country/Region | China |
| Regulation | Not regulated |
| Market Instruments | Forex and Cryptocurrencies |
| Demo Account | / |
| Min Deposit | $50 |
| Customer Support | Address: Barnett House, 53 Fountain Street, Manchester, UNITED KINGDOM, M2 2AN |
| Phone: 1615051597 | |
| Email: info@starfinance.uk | |
SFI was founded 2-5 years ago in China. It offers forex and cryptocurrencies for trading. And the minimum deposit is $50. However, it is not regulated by any financial authorities.
Pros and Cons
| Pros | Cons |
| Low minimum deposit | Not regulated |
| Various account types | Lack transparency |
| Limited trading assets |
Is SFI Legit?
SFI claims it was founded by Star Finance Investment in China 2-5 years ago. However, FCA shows it has risks of cloning the company name who registered in the UK. Traders should be cautious when choosing brokers.
What Can I Trade on SFI?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Options | ❌ |
| Metals | ❌ |
| ETFs | ❌ |
Account Type
SFI offers four account types: Preliminary plan, Professional plan, Mater plan and Business plan. Whether the demo account is offered, it isn't mentioned.
| Account Type | Minimum Deposit |
| Preliminary plan | $50 |
| Professional plan | $300 |
| Mater plan | $5000 |
| Business plan | $20000 |
Customer Service
| Contact Options | Details |
| Phone | 1615051597 |
| info@starfinance.uk | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | ❌ |
| Website Language | English |
| Physical Address | Barnett House, 53 Fountain Street, Manchester, UNITED KINGDOM, M2 2AN |
The Bottom Line
In conclusion, SFI is not a good choice for trading. It is not regulated by any financial authorities. Besides, the information of SFI is opaque. Though its minimum deposit is low, traders should be careful about trading.
FAQs
Is SFI safe?
No, it is not regulated.
Is SFI a good for beginners?
No, it is unsafe.
Is SFI good for day trading?
No. The information of SFI is untransparent.
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