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SFX

4.7 / 10 Overall Score

Website: https://www.sfx-markets.com/
Jurisdiction: Vanuatu
Operating Since: 5-10 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: SFX MARKETS
Phone: 442032908858
Email: info@sfx-markets.com
Address: —

License Info: [{"监管状态": "VFSC Revoked", "牌照信息": "Vanuatu Retail Forex License"}]

In-Depth Broker Review

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

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# SFX Company Overview

SFX company is a forex broker that provides trading services in various financial instruments, including forex, CFDs, commodities, and stock indices. It operates under the name SFX Markets and is recognized for offering direct access to interbank forex liquidity through modern trading technologies. The company was founded in 2011 and is owned by SFX Global Ltd., which is registered in Saint Vincent and the Grenadines.

## Corporate Development

SFX company has experienced notable growth since its inception, expanding its services and diversifying its product offerings. The broker has developed a reputation within the forex trading community, although specific milestones and historical timelines of corporate development have not been detailed in the available data.

## Corporate Structure and Subsidiaries

SFX company operates under the ownership of SFX Global Ltd., which is based in Saint Vincent and the Grenadines. The company does not appear to have publicly listed subsidiaries or branches in other jurisdictions. The internal organization details, including leadership and key departments, are not provided in the available data.

## Regulation and Compliance

SFX company is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. However, it is important to note that this jurisdiction does not impose strict regulatory requirements, and the company is not currently licensed by any major financial authority. The lack of regulatory oversight raises concerns regarding client fund protection policies, as SFX Markets does not maintain segregated accounts or provide insurance for client deposits.

The company has previously been a member of the Financial Commission, but it was expelled due to a breach of membership rules. This expulsion indicates a lack of compliance with industry standards, further emphasizing the need for caution when considering SFX company as a trading partner.

## Global Presence and Market Coverage

SFX company primarily serves international markets, with a focus on providing trading services to individual and institutional clients. However, specific details regarding local branches, partnerships, or strategic initiatives in regional markets are not available. The company does not accept clients from the United States, which may limit its market reach.

## Financial and Operational Data

The operational size of SFX company in terms of employee count, customer base, or transaction volume is not disclosed in the available data. Additionally, there are no public financial data or details regarding technology infrastructure investments. The ownership structure indicates that SFX Global Ltd. is privately owned, but specific capital structure updates have not been provided.

## Reputation and Industry Standing

SFX company has received mixed reviews within the forex and financial community. While some users express satisfaction with its trading platform and customer support, concerns about its regulatory status and lack of transparency persist. The company’s reputation is further affected by its recent expulsion from the Financial Commission, leading to questions about its credibility and operational integrity.

## Summary

In summary, SFX company operates as a forex broker under the name SFX Markets, providing trading services in various financial instruments. Founded in 2011 and registered in Saint Vincent and the Grenadines, the company faces significant scrutiny due to its unregulated status and previous expulsion from the Financial Commission. This background necessitates a cautious approach for potential clients considering engagement with SFX company, as its operational integrity and market presence are impacted by regulatory concerns and mixed public perception.

Account Types

# SFX Account Types

SFX offers a variety of account types tailored to meet the needs of different traders. Below is a detailed description of each account type:

| Account Type     | Minimum Deposit | Spreads/Commission          | Leverage        | Trading Instruments        | Base Currencies Supported | Execution Model | Unique Features                     |
|-------------------|------------------|-----------------------------|------------------|----------------------------|---------------------------|------------------|-------------------------------------|
| **Standard Account** | $10              | From 1.3 pips, no commission | Up to 1:500      | Forex, CFDs, Metals, Indices, Stocks, Cryptos | USD, EUR, GBP            | Market Execution | Beginner-friendly, easy access      |
| **Pro Account**      | $10              | From 1.1 pips, no commission | Up to 1:500      | Forex, CFDs, Metals, Indices, Stocks, Cryptos | USD, EUR, GBP            | Market Execution | Enhanced features for experienced traders |
| **Raw Spread Account** | $100            | From 0.0 pips, $0.6 per lot commission | Up to 1:500      | Forex, CFDs, Metals, Indices, Stocks, Cryptos | USD, EUR, GBP            | Market Execution | Tight spreads for professional trading |
| **Zero Spread Account** | $3000          | 0.0 pips, $0.6 per lot commission | Up to 1:500      | Forex, CFDs, Metals, Indices, Stocks, Cryptos | USD, EUR, GBP            | Market Execution | Ideal for high-frequency traders    |
| **Islamic Account**  | Varies          | Varies                      | Varies           | Forex, CFDs, Metals, Indices, Stocks, Cryptos | Varies                   | Market Execution | Swap-free option for Muslim traders |

# SFX Broker Account Opening Process

To open an account with SFX, follow these steps:

1. **Visit the Registration Page**: Go to the SFX official website and locate the “Sign Up” or “Register” button.
2. **Fill Out the Registration Form**: Provide your personal details including full name, email address, and password.
3. **Email Verification**: After submitting the form, check your email for a verification link and click it to verify your account.
4. **Identity Verification (KYC)**: Upload required documents for identity verification, which may include:
   - A valid government-issued ID (passport, driver's license, or national ID card).
   - Proof of residence (utility bill, bank statement, or government correspondence).
5. **Account Approval**: Wait for the approval process, which can take up to 24 hours.
6. **Fund Your Account**: Once approved, log in to your account and navigate to the deposit section to fund your account. The minimum funding requirement varies by account type.
7. **Start Trading**: After funding, you can access the trading platform and begin trading.

Optional steps may include opening a demo account if available, which provides a risk-free environment to practice trading strategies.

Deposit & Withdrawal

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

## SFX Minimum Deposit Requirements

### SFX Minimum Deposit Explained

The minimum deposit for SFX trading accounts typically starts at **$500** for most account types. This amount can vary based on the specific account type and the regional regulations that apply to each trader.

### Account-Type Comparison

- **Standard Account**: Minimum deposit of $500.
- **ECN Account**: Minimum deposit of $2,500.
- **Islamic Account**: Minimum deposit of $2,500.

### Regional Differences

Different regions may have varying minimum deposit requirements based on local regulations. For instance, traders in certain jurisdictions may find that the minimum deposit is higher due to regulatory compliance costs.

### Advantages

1. **Low Entry Barrier**: A minimum deposit of $500 is relatively low compared to many other brokers.
2. **Diverse Account Options**: Multiple account types cater to different trading strategies and preferences.
3. **Leverage Opportunities**: Competitive leverage options can enhance trading potential.
4. **Access to Educational Resources**: SFX often provides educational materials for traders starting with lower deposits.

### Disadvantages

1. **Higher Minimums for Advanced Accounts**: For advanced accounts, the minimum deposit can be prohibitive for some traders.
2. **Limited Features in Lower-Tier Accounts**: Lower-tier accounts may lack some features available in higher-tier accounts.
3. **Regional Restrictions**: Some regions may have higher minimum deposits, limiting accessibility.
4. **Potential for Hidden Fees**: Depending on the payment method, there may be additional fees that are not immediately apparent.

### Competitor Comparison

Compared to competitors, SFX's minimum deposit is competitive. For example, many brokers require a minimum deposit ranging from $250 to $1,000 for standard accounts, making SFX's starting point appealing for new traders.

## SFX Deposit Methods

### SFX Deposit Methods Comprehensive Guide

SFX offers a variety of deposit methods to accommodate different trading preferences:

1. **Bank Transfer**
   - **Processing Time**: 2-5 business days
   - **Fees**: Typically none, though international banks may charge fees.
   - **Availability**: Global
   - **Limits**: Varies by region.
   - **Pros**: Secure; widely accepted.
   - **Cons**: Slower processing time.

2. **Credit/Debit Cards (Visa, MasterCard)**
   - **Processing Time**: Instant
   - **Fees**: None
   - **Availability**: Global
   - **Limits**: Typically $50 to $10,000 per transaction.
   - **Pros**: Fast processing; widely used.
   - **Cons**: May not be available in all regions.

3. **E-Wallets (Skrill, Neteller)**
   - **Processing Time**: Instant
   - **Fees**: None
   - **Availability**: Global
   - **Limits**: Varies by e-wallet.
   - **Pros**: Quick transactions; easy to use.
   - **Cons**: May incur fees from the e-wallet provider.

4. **Cryptocurrency (Bitcoin, Ethereum)**
   - **Processing Time**: Instant
   - **Fees**: Varies by network.
   - **Availability**: Global
   - **Limits**: Varies based on the currency.
   - **Pros**: Anonymity; fast processing.
   - **Cons**: Volatility in value; potential for higher fees.

5. **Local Payment Options**
   - **Processing Time**: Varies
   - **Fees**: May apply
   - **Availability**: Region-specific
   - **Limits**: Varies by method.
   - **Pros**: Convenient for local traders.
   - **Cons**: Limited availability.

### Supported Currencies and Recommended Methods

SFX supports a range of currencies, including USD, EUR, GBP, JPY, and more. For the fastest processing times and lowest fees, credit/debit cards and e-wallets are recommended.

## SFX Deposit Process

### SFX Deposit Steps Explained

1. **Log in to Your Account**: Access your SFX account via the web or mobile app.
2. **Navigate to the Deposit Section**: Click on the ‘Deposit’ option in your account dashboard.
3. **Select Your Payment Method**: Choose from the available deposit methods.
4. **Enter Deposit Amount**: Specify the amount you wish to deposit, ensuring it meets the minimum requirements.
5. **Confirm the Transaction**: Review the details and confirm the transaction.

### Mobile vs Web Differences

The deposit process is similar on both mobile and web platforms, but the mobile app may offer a more streamlined interface for quick transactions.

### KYC Notes and Common Issues with Solutions

KYC (Know Your Customer) verification is mandatory before processing deposits. Common issues include:
- **Incorrect Information**: Ensure all details match your identification documents.
- **Unverified Accounts**: Complete KYC verification to avoid delays.

### Typical Fund Crediting Times

Deposits via credit/debit cards and e-wallets are typically credited instantly, while bank transfers may take 2-5 business days.

## SFX Withdrawal Methods

### SFX Withdrawal Methods Overview

SFX provides several withdrawal channels, each with its own characteristics:

1. **Bank Transfer**
   - **Processing Time**: 2-5 business days
   - **Fees**: None
   - **Limits**: Minimum withdrawal of $50.
   - **Pros**: Secure; suitable for large amounts.
   - **Cons**: Slower processing time.

2. **Credit/Debit Cards**
   - **Processing Time**: 1-3 business days
   - **Fees**: None
   - **Limits**: Up to the amount deposited.
   - **Pros**: Fast; easy to use.
   - **Cons**: Limited to the amount originally deposited.

3. **E-Wallets (Skrill, Neteller)**
   - **Processing Time**: Instant
   - **Fees**: 2.9% for withdrawals.
   - **Limits**: Minimum $50.
   - **Pros**: Quick; convenient.
   - **Cons**: Fees may apply.

4. **Cryptocurrency**
   - **Processing Time**: Instant
   - **Fees**: Varies by network.
   - **Limits**: Depends on the currency.
   - **Pros**: Fast; anonymous.
   - **Cons**: Volatility; potential network fees.

### Recommended Options by Cost and Speed

For speed and cost-effectiveness, e-wallets are the best option for withdrawals, while bank transfers are ideal for larger amounts despite the longer processing time.

## SFX Withdrawal Process

### SFX Withdrawal Steps Explained

1. **Log in to Your Account**: Access your SFX account.
2. **Go to the Withdrawal Section**: Locate the ‘Withdraw’ option in your dashboard.
3. **Select Your Withdrawal Method**: Choose your preferred method from the options available.
4. **Enter Withdrawal Amount**: Specify how much you want to withdraw.
5. **Confirm Your Request**: Review and submit your withdrawal request.

### ID Verification Requirements

To process withdrawals, SFX may require you to verify your identity. This can include providing identification documents and proof of address.

### Expected Fund Arrival Time

Funds typically arrive within 1-3 business days for credit/debit cards and e-wallets, while bank transfers can take 2-5 business days depending on the bank.

### Typical Delay Reasons and Fixes

Common reasons for delays include:
- **Bank Processing Times**: Some banks may take longer to process transactions.
- **Incorrect Information**: Ensure all details provided are accurate to avoid rejections.
- **Regulatory Checks**: Additional verification may be required for large withdrawals.

## FAQs – SFX Deposits & Withdrawals

### What is the minimum deposit for SFX?

The minimum deposit for SFX accounts typically starts at **$500**.

### How long do withdrawals take?

Withdrawals can take between **1-5 business days**, depending on the method used.

### Are there fees for deposits or withdrawals?

SFX does not charge fees for deposits or withdrawals, but third-party payment providers may impose their own fees.

### Can the same method be used for both?

Yes, generally, the same method used for deposits can be used for withdrawals, with some exceptions based on the payment provider.

### Are crypto or local methods supported?

Yes, SFX supports cryptocurrency deposits and withdrawals, as well as various local payment options depending on the trader'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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