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Sandton Direct -

Score

1.54 /10
Danger

Sandton Direct

United Arab Emirates

5-10 years

Suspicious Regulatory License

High potential risk

https://www.sandton.direct

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

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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 : 2024-11-15
  • 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

Sandton Direct · Company summary

Basic Information & Regulators of Sandton Direct

Sandton Direct is a forex, precious metals, and CFD broker based in Dubai and was founded in 2009. The official website of Sandton Direct shows that the broker is not effectively regulated by any regulatory body.

Safety Analysis of Sandton Direct

Sandton Direct is currently an unregulated trader, which means that clients' trading activities and funds are not effectively protected. Investors should be careful to avoid the Sandton Direct broker.

Market Instruments of Sandton Direct

Sandton Direct offers investors over 45 pairs of Forex currency pairs, indices, stocks, gold, silver, oil, bitcoin, binary options products for personal investment, and trading options.

Accounts & Leverage of Sandton Direct

Sandton Direct offers two different trading platforms, MT4, and xStation, which means that Sandton Direct offers two types of accounts. xStation platform/account has a minimum deposit of $100, minimum lot size of 0.01, and maximum trading leverage of 1:500. The minimum deposit for the MT4 platform/account is $1000, the minimum lot size is 0.01, and the maximum leverage is 1:500.

Spreads & Commissions of Sandton Direct

The MT4 platform offers fixed spreads with a spread of 1 pip on EURUSD. xStation offers floating spreads with an average spread of only 0.3 pips on EURUSD. When tested with a demo account, the spreads seem to be lower, and Sandton Direct does not charge commissions on trades. If this is the real trading environment, then Sandton Direct seems unprofitable, so the commission-free and tight spreads in the demo account are just a trick to attract new investors.

Trading Platforms Available of Sandton Direct

Sandton Direct supports both the MT4 trading platform and the xStation trading platform. xStation is an open-API XOH Trader-based platform developed by X Open Hub. It is a user-friendly, fully customizable platform equipped with many technical analysis tools and advanced charting packages. xStation also supports one-click trading, with the ability to trade directly from the charts. Additionally, several account management and social trading solutions are available within the xStation platform.

Deposit and Withdrawal of Sandton Direct

Sandton Direct supports traders to deposit and withdraw funds to their investment accounts via wire transfer, VISA, MasterCard, Bitcoin.


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愈见晨型
more than one year
I can't believe it, the website of Sandton Direct can't be opened anymore! They didn't even give a warning beforehand. I'm afraid my money is gone forever. It's such a shame that there are so many scam companies out there that only care about their own interests, and don't care at all about their customers' interests.
I can't believe it, the website of Sandton Direct can't be opened anymore! They didn't even give a warning beforehand. I'm afraid my money is gone forever. It's such a shame that there are so many scam companies out there that only care about their own interests, and don't care at all about their customers' interests.
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2023-03-20 10:01
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FX1300052968
more than one year
I always have my money from them. I really look forward to the reopening of Sandton Direct which will help the poor around the world to grow their investments and have a better future!
I always have my money from them. I really look forward to the reopening of Sandton Direct which will help the poor around the world to grow their investments and have a better future!
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2023-03-03 16:30
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