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SOD -

Score

1.42 /10
Danger

SOD

United Kingdom

2-5 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

https://www.sodglobal.cc

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Comparison

Quantity 5

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.33

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
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

open now

Broker Information

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Company Name

SOD Global Limited

Company Abbreviation

SOD

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Exposure

5 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw - 23% in taxes

Unable to withdraw. Broker is asking for 23% of account value in taxes, totally 140k. Cant use money in account.

FX2331980971
2021-10-29 12:29
Unable to Withdraw

not responding

SOD is not letting me withdraw my funds and not responding to my communication. They have frozen my funds since 29 September 2021.

FX5852465420
2021-10-16 07:51
Unable to Withdraw

Scam broker

A month ago I met a girl with whom we started trading in MT5, I invested $ 25k there, on the account now there is $ 46k on the account and $ 10k in the wallet. When I wrote to the broker that I want to withdraw $ 10k to my crypto account, they tried in every possible way to come up with excuses.

Veaceslav Stanislavschi
2021-12-14 08:21
Unable to Withdraw

They’re asking for 10% upfront

I’ve made a few small investments with this company over the past month without issue. After I made a larger investment and attempted to withdraw my earnings, they told me that I needed to pay a withdrawal fee of $11,118.47 to receive my money. I can’t have that amount removed from what’s being transferred, can’t cancel the withdrawal request, can’t pay a partial fee for a portion of the money, or change the amount being withdrawn. My funds are also frozen until the transfer is completed.

FX7233629022
2021-11-04 07:19
Unable to Withdraw

No tax, no withdrawal via a romance scam

I am not able to withdraw my balance because they say that I need to pay a tax before withdrawal. Of course, in the USA you pay capital gain taxes to the IRS during a tax return in the following year. I was tricked into their platform by a Chinese woman I met through the online dating app, Hinge, so this is likely to be a romance scam. They even threatened me in WhatsApp, as attached. Also, their WhatsApp phone numbers change every now and then. It has been almost 2 months since I requested the withdrawal

FX3671024916
2021-12-13 14:43
SOD · Company summary

General Information & Regulation

Founded in 2006, SOD Global Limited is a UK-based investment firm providing diversified online financial transaction services to global retail and institutional customers. Through the MT5 trading platform offered by this broker, traders can get access to forex currencies, global index, futures trading services. In 2011, SOD has successfully become the preferred broker for Australian customers to use MetaTrader 5 platform.

Market Instruments

SOD Global Limited provides trading of foreign exchange, commodities, global stock index.

Minimum Deposit

SOD Global Limited does not tell its minimum initial capital requirement. In most cases, most brokers would require traders to fund at least $100 or equivalent amount to start real trading.

Leverage

At SOD global limited, traders can enjoy a leverage ratio of up to 100:1. This leverage lever can satisfy most traders trading strategies.

Spreads & Commissions

SOD global limited says it offers highly competitive spreads and it does not specify detailed spreads on particular instruments.

Trading Platform Available

When it comes to trading platforms available, SOD Global Limited offers the industry-recognized MT5 trading platform, available on PC and mobile devices.

Deposit & Withdrawal

SOD Global Limited does not disclose its supported ways for the fund in and out. Some common payment methods accepted by most brokers include Wire Transfer, Visa, MasterCard, Skrill, and Neteller.

Customer Service

The SOD Global Limited customer support can be reached through online chat as well as email: services@sodgloabl.cc and its website can be available in six languages: Chinese, English, French, Korean, Traditional Chinese, Japanese.

User Reviews

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User comment

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Comments

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NONG
more than one year
They are rip-off merchants. When I tried to speak to my investment manager's funds he said leave it I will call you to trust me I know what I am doing. He never contacted me after several requests the next contact I had was a message saying they were taking my money as dormant charges and I lost everything.
They are rip-off merchants. When I tried to speak to my investment manager's funds he said leave it I will call you to trust me I know what I am doing. He never contacted me after several requests the next contact I had was a message saying they were taking my money as dormant charges and I lost everything.
Translate to English
2023-03-01 13:43
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