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Danger
ES CNMV
2024-01-08
No Regulation
Score
1.13 /10
Danger
Sfcap
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index4.09
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
Regulatory disclosure
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-21
- 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
sfcap.io Information
sfcap.io was registered in 2023 in Germany. Besides, Sfcap provides multiple account types, and its fees vary with different account types, ranging from $10 to $2 000 000. But it is not regulated by any financial authority, even CNMV complain its fraudulent activities.
Pros and Cons
| Pros | Cons |
| Various account types | Not regulated |
| Low minimum deposit | Relatively new |
| Limited contact channels | |
| Lack of transparency |
Is Sfcap Legit?
Sfcap is not regulated by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in Germany, where it is registered, and the Financial Conduct Authority (FCA) in the UK, where its headquarters claimed to be based in. Additionally, the regulator CNMV, Spain's National Securities Market Commission, has denounced Sfcap for its fraudulent activities. It is necessary for traders to choose a reliable and transparent broker.
Account Type
| Account Type | Minimum Deposit |
| BASIC | $10 |
| ADVANCED | $50 |
| ADVANCED PLUS | $250 |
| ADVANCED PRO | $500 |
| EXPERT | $1 000 000 |
| VIP | $2 000 000 |
Customer Service
| Contact Options | Details |
| Phone | +35725263290 |
| support@sfcap.io | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | ❌ |
| Website Language | ❌ |
| Physical Address | ❌ |
The Bottom Line
A lot of evidences suggest that Sfcap is untrustworthy and unreliable. Whatever the BaFin or FCA, there is no information about it, and even the regulator in Spain, CNMV, announces its fraudulent activities. Besides, the fees are not transparent except for the minimum deposit, which will bring traders funds risks.
FAQs
Is Sfcap safe?
No, Sfcap is not regulated by FCA and BaFin, even its fraudulent activities are announced by CNMV.
Does Sfcap offer commission-free trading?
It is not mentioned, because Sfcap is not regulated and lacks transparency.
Is Sfcap good for day trading?
No, it is obvious that Sfcap is a scam. Traders should be cautious when choosing brokers.
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