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No Regulation
Score
1.49 /10
Danger
SGM
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.88
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
open now
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-14
- 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
| Registration | U.K. |
| Regulated | No effective supervision |
| Years of establishment | 2-5 years |
| trading products | unknown information |
| Minimum Initial Deposit | unknown information |
| maximum leverage | unknown information |
| minimum spread | unknown information |
| trading platform | MT4 |
| Deposit and withdrawal method | unknown information |
| customer service | email/phone number |
| Fraud Complaint Exposure | no yet |
Note: At present, because the company's official website (https://swgmarkets.com/) cannot be opened normally, we can only get a rough idea SGM Case.
General Information and Regulations
SGMRegistered in the UK, currently appears to be a scam broker without any reliable oversight and has not been around for more than 5 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not start trading with such low-information brokers, be sure to consult wikifx and have at least a basic understanding of a broker.
When choosing a foreign exchange broker, you should know that a regulatory license does not necessarily guarantee the reliability of the broker, because it may be an expired or cloned regulatory license, but a broker without any regulatory license is likely to be Unreliable.
Customer Support
SGMThe support services offered by the company are not very extensive. It can only be accessed by email and a phone number. Since the company's website is not currently live, we don't know if it offers other services such as live chat, callback, FAQs, 24/7 or 24/5 assistance, etc.
Below are details about customer service.
Email: support@swgmarkets.com
Phone number: +441519470693
user exposure
We have not received exposure to fraudulent behavior at this time.
common problem
Is this broker regulated?
No, it is not currently regulated effectively and you are advised to be aware of its potential risks.
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