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Abstract:Whether you're a newbie or not, if you're interested in SDFX Global, you can't miss this review. Because we're going to review as much of this broker as possible. It is an unregulated broker that specializes in forex trading, promising high investment returns.
Whether you're a newbie or not, if you're interested in SDFX Global, you can't miss this review. Because we're going to review as much of this broker as possible. It is an unregulated broker that specializes in forex trading, promising high investment returns.
SDFX Globals financial market activities are not regulated by any regulatory authority. On the left side of our WikiFX profile page, we do not display any regulatory licenses or information about this broker. This indicates that the legitimacy of SDFX Global is questionable, and its overall rating on our website is very low, hovering around a score of 1.
SDFX Global offers money market trading. However, the company's website provides little information about its trading terms, account opening process, and so on.
Comparing terms and conditions before opening an account is crucial to getting the most out of your trading account. Having a reputable regulator is a non-negotiable prerequisite when choosing a stock broker. Therefore, we do not recommend opening an account with SDFX Global.
Given that SDFX Global is particularly active in Asia, and India in particular, we'll use the country as an example of what you can reasonably expect to get in the market:
Indian government bonds currently yield about 7 per cent a year.
Over the past 10 years, the iShares India 50 ETF has returned about 9%.
As you know, any broker promising you high single-digit returns per month (online reports say SDFX Global once offered 8% per month) should be viewed with suspicion.
We strongly recommend that you consider alternative brokers.
SDFX Global claims to offer zero risk and extremely high security, but their marketing language seems exaggerated. You should always approach brokers that promise high returns with caution.
While they claim to have 17 years of service experience, there are only 546 positive reviews from customers. This raises questions about the validity of their claims. Moreover, based on the information weve gathered, SDFX Global has actually been in operation for just 2-5 years.
Despite constantly promoting their pricing advantages, SDFX Global does not clearly disclose specific costs or fees on their website. This lack of transparency is concerning for potential clients.
In addition, although it shows phone, email, and whatsapp, there is no live chat support.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.