SiiFX claims to be a UK-based Forex and CFD broker that is not currently subject to any effective regulation.

Note: SiiFX's official website: https://www.siifx.com is currently inaccessible normal.

SiiFX operates as an unregulated UK-based forex broker. Its market instruments cover Forex, Commodities, Indices, Stocks, Cryptocurrency, and Metals. It claims to offer traders with the popular MT4, five types of accounts and leverage up to 1:500.

Pros & Cons

Is SiiFX Legit?

The primary criterion for the safety of a forex brokerage platform is whether it is formally regulated. SiiFX is currently an unregulated broker, which means that investors' funds cannot be compensated and protected in the event that the broker illegally misappropriates customer funds or faces bankruptcy.

What Can I Trade on SiiFX?

SiiFX offers investors access to over 30 currency pairs, as well as a wide range of CFD products in commodities, gold, silver, stocks, indices, and bitcoin.

Account Type/Leverage/Fees

Five types of trading accounts are available on SiiFX.

Trading Platform

SiiFX offers traders the remarkable MT4 trading platform, the most popular forex trading platform on the market today, chosen by 80% of traders worldwide. With powerful charting tools, nearly 100 definable market indicators, support for EA, and automated trading, the MT4 trading platform is a winning formula for traders to get ahead in the financial markets.

Deposit and Withdrawal

On SiiFX, you can pay with all major credit and debit cards like VISA and MasteCard, bank wire and various e-wallets including Neteller, Skrill, Payza, MegaTransfer, and UnionPay, which is especially popular in China. In addition, e-wallets and bitcoins are also accepted.