Home Forex Brokers SDX

SDX

6.9 / 10 Overall Score

Website: http://sdxen-fx.com/en
Jurisdiction: China
Operating Since: 5-10 years
Regulatory Status: N/A

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License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: SDX
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License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# SDX Company: Corporate, Regulatory, and Organizational Information

## Company Overview

SDX company, officially known as Six Digital Exchange, is a pioneering player in the digital asset space, providing a regulated infrastructure for the issuance, trading, settlement, and custody of digital assets. Established in 2018, SDX operates as a subsidiary of the SIX Group, which is recognized as Switzerland’s leading financial market infrastructure provider. The company is headquartered in Switzerland and aims to serve institutional clients globally with innovative and efficient financial market infrastructure and services for digital assets.

## Corporate Development

Since its founding in 2018, SDX has made significant strides in the digital asset market. A notable milestone occurred in September 2021, when SDX received regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA) to operate as both a stock exchange and a central securities depository for digital assets, marking a global first in this sector. In May 2024, SDX surpassed 1 billion Swiss francs in digital asset issuances, highlighted by a landmark 200 million CHF bond settlement for the World Bank. The company is also collaborating with the Swiss National Bank on Project Helvetia, which explores the integration of wholesale central bank digital currencies (CBDCs) into digital asset transactions.

## Corporate Structure and Subsidiaries

As a subsidiary of the SIX Group, SDX is part of a robust organizational structure that includes various departments focused on different operational aspects. The executive leadership team consists of seasoned professionals from the financial and technology sectors, including David Newns, the Head of SDX, who has over 20 years of experience in capital markets. Other key leadership positions include heads of finance, risk, legal, technology, and operations, ensuring a comprehensive approach to managing the company’s diverse functions.

## Regulation and Compliance

SDX operates under the strict regulatory framework of FINMA, ensuring compliance with high standards of investor protection and operational integrity. The company holds licenses to function as a stock exchange and a central securities depository for digital assets. Client funds are protected through stringent policies, including fund segregation, which ensures that client assets are kept separate from operational funds. SDX adheres to rigorous Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, reinforcing its commitment to transparency and compliance.

## Global Presence and Market Coverage

SDX primarily serves institutional clients, banks, and corporations, focusing on the European market, particularly Switzerland. The company is building a financial market ecosystem that integrates traditional financial services with digital asset capabilities. Partnerships and collaborations with major financial institutions enhance its market presence and support its goal of becoming a leader in the digital asset space.

## Financial and Operational Data

While specific financial data is not publicly disclosed, SDX has reported significant operational milestones, including surpassing 1 billion Swiss francs in digital asset issuances. The company employs a diverse workforce of approximately 157 employees, contributing to its operational capabilities and innovative service offerings. SDX invests in advanced technology and infrastructure, leveraging distributed ledger technology to enhance transaction efficiency and security.

## Reputation and Industry Standing

SDX has garnered attention and credibility within the financial industry, supported by its regulatory approval and the backing of the SIX Group. Although it is a relatively new platform and may not yet have extensive user reviews on consumer review sites, its innovative technology and regulatory compliance lend it a strong reputation. The collaboration with established financial institutions further solidifies its standing in the market.

## Summary

SDX company represents a significant advancement in the integration of digital assets into traditional financial markets. With its regulatory framework, innovative technology, and strong backing from established financial institutions, SDX is positioned as a transformative force in the digital asset ecosystem. The company’s commitment to operational integrity and compliance ensures that it remains a credible player in the evolving landscape of digital finance.

Account Types

# SDX Account Types

SDX broker offers a variety of account types to cater to different trading needs. Here are the details of the available account types:

| Account Type | Minimum Deposit | Spreads/Commission Model | Leverage Limits | Trading Instruments | Base Currencies Supported | Execution Model | Unique Features |
|--------------|-----------------|--------------------------|-----------------|---------------------|--------------------------|------------------|-----------------|
| Standard     | Not specified    | Not specified            | Not specified    | Not specified        | Not specified            | Not specified     | Not specified    |
| ECN          | Not specified    | Not specified            | Not specified    | Not specified        | Not specified            | Not specified     | Not specified    |
| Pro          | Not specified    | Not specified            | Not specified    | Not specified        | Not specified            | Not specified     | Not specified    |
| Demo         | Not specified    | Not specified            | Not specified    | Not specified        | Not specified            | Not specified     | Not specified    |
| Islamic      | Not specified    | Not specified            | Not specified    | Not specified        | Not specified            | Not specified     | Not specified    |

Currently, specific details regarding minimum deposit requirements, spreads or commission models, leverage limits, available trading instruments, base currencies supported, execution models, and unique features for each account type are not available.

# SDX Broker Account Opening Process

The process to open an account with SDX broker includes the following steps:

1. **Visit the Account Registration Page**: Navigate to the SDX broker website to access the account registration section.
2. **Complete KYC/Identity Verification**: Provide required personal information and documents for identity verification as part of the Know Your Customer (KYC) process.
3. **Minimum Funding/Deposit Methods**: Fund your account using available deposit methods, though specific minimum funding details are not provided.
4. **Approval Time**: Wait for account approval, which typically takes 24 to 48 hours after the verification process is completed.
5. **Access Platforms**: Once approved, you can access trading platforms offered by SDX broker.

Optional steps for demo or professional accounts are not specified in the available information.

Deposit & Withdrawal

# SDX Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## SDX Minimum Deposit Explained

### Exact Minimum Deposit Amount
The SDX platform does not specify a universal minimum deposit amount across all account types and regions. However, users typically start with a minimum deposit requirement that aligns with the account type they choose.

### Account-Type Comparison
Different account types may have varying minimum deposit requirements. For instance, retail accounts may have lower thresholds compared to professional or institutional accounts. Specific information on these differences can be found directly on the SDX platform.

### Regional Differences
Minimum deposit requirements may vary based on the user's country of residence due to local regulations and currency considerations. Users should check the SDX platform to confirm the minimum deposit applicable in their region.

### Advantages
1. **Accessibility**: Low or no minimum deposit makes it easier for new traders to start.
2. **Flexibility**: Multiple account types cater to different trading needs.
3. **Regulatory Compliance**: Adherence to local regulations enhances security.
4. **Wide Range of Assets**: Users can deposit in various currencies and assets.

### Disadvantages
1. **Variable Requirements**: Different minimums can confuse users.
2. **Potential Fees**: Some deposit methods may incur fees.
3. **Regional Limitations**: Not all deposit methods may be available in every region.

### Competitor Comparison
Compared to competitors, SDX offers a competitive minimum deposit structure, particularly for retail accounts. Some platforms may require higher initial investments, while SDX allows for a more gradual entry into trading.

## SDX Deposit Methods Comprehensive Guide

### Deposit Methods Overview
1. **Bank Transfers**
   - **Processing Time**: 1-3 business days
   - **Fees**: Generally free, but check with your bank.
   - **Availability**: Widely available.
   - **Limits**: Varies by bank.
   - **Pros**: Secure and reliable.
   - **Cons**: Slower processing time.

2. **Credit/Debit Cards**
   - **Processing Time**: Instant to 1 business day.
   - **Fees**: May incur a transaction fee.
   - **Availability**: Accepted globally.
   - **Limits**: Depends on card issuer.
   - **Pros**: Quick and convenient.
   - **Cons**: Possible fees and limits on amounts.

3. **E-Wallets**
   - **Processing Time**: Instant.
   - **Fees**: Typically low, but varies by provider.
   - **Availability**: Limited to certain e-wallet services.
   - **Limits**: Varies by e-wallet service.
   - **Pros**: Fast transactions.
   - **Cons**: Not all wallets are supported.

4. **Cryptocurrency Deposits**
   - **Processing Time**: Varies, generally within minutes to hours.
   - **Fees**: Network fees may apply.
   - **Availability**: Limited to specific cryptocurrencies.
   - **Limits**: Based on network and wallet capacity.
   - **Pros**: Fast and decentralized.
   - **Cons**: Volatility in value.

5. **Local Payment Options**
   - **Processing Time**: Varies based on the method.
   - **Fees**: Often low or none.
   - **Availability**: Specific to regions.
   - **Limits**: Varies by local regulations.
   - **Pros**: Familiarity and ease of use.
   - **Cons**: May not be available for all users.

### Supported Currencies and Recommended Methods
SDX supports multiple currencies for deposits, including USD, EUR, and local currencies depending on the user's region. Recommended methods for deposits include credit/debit cards for speed and bank transfers for security.

## SDX Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log in** to your SDX account.
2. Navigate to the **Deposit** section.
3. Select your **preferred deposit method**.
4. Enter the **amount** you wish to deposit.
5. Confirm the transaction and follow any additional prompts.

### Mobile vs Web Differences
The deposit process is similar on both mobile and web platforms. However, mobile users may experience a more streamlined interface for quick deposits.

### KYC Notes and Common Issues
- **KYC Requirements**: Users must complete Know Your Customer (KYC) verification before making deposits.
- **Common Issues**: Problems may arise from incorrect bank details or insufficient funds. Ensure all information is accurate to avoid delays.

### Typical Fund Crediting Times
Deposits typically reflect in your SDX account within 1-3 business days, depending on the method used.

## SDX Withdrawal Methods Overview

### Withdrawal Channels
1. **Bank Transfers**
   - **Processing Time**: 2-5 business days.
   - **Fees**: May incur bank fees.
   - **Currencies**: USD, EUR, and local currencies.
   - **Limits**: Based on account type and bank policies.
   - **Pros**: Secure and widely accepted.
   - **Cons**: Slower compared to other methods.

2. **Credit/Debit Cards**
   - **Processing Time**: Typically 1-3 business days.
   - **Fees**: Possible transaction fees.
   - **Currencies**: Limited to the currency of the card.
   - **Limits**: Varies by card issuer.
   - **Pros**: Quick access to funds.
   - **Cons**: Not all cards may be eligible.

3. **E-Wallets**
   - **Processing Time**: Instant to 1 business day.
   - **Fees**: Generally low.
   - **Currencies**: Depends on e-wallet service.
   - **Limits**: Based on e-wallet provider.
   - **Pros**: Fast and convenient.
   - **Cons**: Limited availability.

4. **Cryptocurrency Withdrawals**
   - **Processing Time**: Generally within minutes.
   - **Fees**: Network fees apply.
   - **Currencies**: Specific cryptocurrencies.
   - **Limits**: Based on network conditions.
   - **Pros**: Fast transactions.
   - **Cons**: Market volatility risks.

### Recommended Options by Cost and Speed
For the fastest and most cost-effective withdrawals, e-wallets are recommended, while bank transfers are the most secure but slower.

## SDX Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log in** to your SDX account.
2. Go to the **Withdraw** section.
3. Select the **withdrawal method**.
4. Enter the **amount** you wish to withdraw.
5. Confirm the transaction and follow any additional prompts.

### ID Verification Requirements
To withdraw funds, users must verify their identity. This may include providing documents such as ID and proof of address.

### Expected Fund Arrival Time
Withdrawal processing times vary by method, with e-wallets providing the quickest access to funds, while bank transfers may take longer.

### Typical Delay Reasons and Fixes
Delays can occur due to incorrect account details, bank processing times, or regulatory checks. Ensure all information is accurate and contact support if issues persist.

## FAQs – SDX Deposits & Withdrawals

**What is the minimum deposit for SDX?**
The minimum deposit varies by account type and region; check the SDX platform for specifics.

**How long do withdrawals take?**
Withdrawals typically take 2-5 business days, depending on the method chosen.

**Are there fees for deposits or withdrawals?**
Fees may apply depending on the deposit or withdrawal method. Bank transfers are usually free, while card and e-wallet transactions may incur fees.

**Can the same method be used for both?**
Yes, most deposit and withdrawal methods can be the same, but check for specific restrictions.

**Are crypto or local methods supported?**
Yes, SDX supports cryptocurrency deposits and various local payment options depending on the user's region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

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