SFITrade Complaint Review

GET A FREE CONSULTATION

SFITrade looks like a typical run of the mill online broker that claims to offer you the stars and the moon. In other words, they apparently offer all kinds of trading instruments under one roof at cut throat charges.

While convenience is something every trader would like, one should not be blinded by the flashy claims or else there will be severe consequences. Coming back to this platform, their structure is shady and their claims are beyond outrageous.

Stick with us till the end to know why you need to stay away from this type of brokerage.

What is SFITrade?

 

SFITrade apparently is an online web based trading portal. They take pride in offering different asset classes and they are said to have won few awards in the industry. We spent a decent amount of time on their platform digging through the information to understand the specifics of the operation.

Unfortunately, we didn’t find enough data and everything was obscured for unknown reasons. So, we don’t trust anything they have to say and we urge our followers to exercise caution while interacting with them.

 

Educational Material and Awards

 

This broker also offers educational material, but that is not showcased to the public. Most likely only high-tier accounts get access to it and as such, their quality is debatable at best.

Moving on to their awards, they are not verifiable and don’t carry much merit on their own. Even their parent company is not mentioned. If they really received that much recognition in the space, why is the information so scarce?

 

Regulation and Support

 

Regulatory status of a firm is an important aspect that should never be overlooked. SFITrade makes bold statements about a lot of things, but guess what? They are silent about the regulation part. We could not find their whereabouts on any of the popular regulatory entities.

So, their entire platform is definitely questionable and keeping our safety in mind, we shouldn’t interact with them in any way or form.

 

SFITrade Review Conclusion

 

SFITrade is a mysterious and borderline illegal broker that appears to have conflict of interest. If you have deposited with them, then try to withdraw your funds as soon as possible.

If you encounter trouble in the process, reach out to us to know the next plan of action.