SANDTONFX

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Advantages:

Not found

Disadvantages:

Not found

About company:

Based in Saint Vincent and licensed by the Financial Services Authority (IBC # 21786), Sandton FX is a global broker specializing in Forex and CFDS financial instruments for a variety of commodities and indices. Offers 63 currency pairs, metals, oil and indices for trading on one live account. A demo account is also available.

Fund security

The company's website does not contain any information regarding the existence of regulatory authorities. Only licensed by the Financial Services Authority. It should be borne in mind that SVG is an offshore zone where Forex and binary brokers are not regulated or controlled.

Trading conditionsMinimum initial deposit

The minimum initial deposit required by Sandton FX to open an account is $ 100, which is the average for the Forex market.

Commission and spreads

There is no information on the company's website regarding the trading conditions of a real account. The tab responsible for registering a new account leads to an error page.

Leverage

The maximum leverage level provided by OD Markets is 1: 400.

Trading platform

Sandton FX offers its clients the industry-standard MetaTrader4 platform, and a mobile version of the platform is also available. MT4 provides a wide range of tools and functions necessary for a trader: a number of technical indicators, an advanced charting package, a wide range of Expert Advisors (EAs).

Bonuses

The broker offers its clients a welcome bonus, the amount of which depends on the amount deposited in the trading account. The maximum bonus amount is $ 500.

In addition, the broker offers to pay 4% per annum at the end of each quarter, if the client's trading account balance is maintained at least $ 10,000.

Payment methods

Sandton FX customers are offered the following payment methods: PayPal, credit cards. The broker claims that it is easy and quick to withdraw funds from their account. Withdrawal requests received before 2:00 pm will be processed on the same day, all others will be processed within 24 hours.

Criticism of traders

There are no reviews for this broker on the Internet. Moreover, from time to time the company's website freezes and does not open a single request. It is simply impossible to find out information on this site, let alone trade. The biggest disadvantage is the inability to register a trading account. Essentially useless broker. Only a desperate and risky trader will dare to open an account here.

Pros:

MT4 trading platform.

Minuses:

lack of regulation; idle poor website of the company; in those moments when the site is working, there is no way to open an account; no information on trading conditions.

FAQ - BROKER QUESTIONS SANDTONFX

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Can the broker SANDTONFX be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. SANDTONFX received a rating of 1 out of 5 on our resource.