SDFX Global Review 2024: Is it genuine or a hoax?

SDFXGlobal logo

$1

Min Deposit

N/A

Min Spread

2022

Foundation

3

Broker Trusted Points

N/A

Regulation

Introduction

SDFXGlobal.com is an MLM broker with an unfinished website. The website itself shouts the possibility of fraud as no other page works other than the landing page and login page. 

To trade on SDFX Global, you need to connect with brokers such as Octa FX, Forex Time, Iron FX, and Rox Capitals, from which SDFX Global earns a referral commission. Let’s explore further into their profile.

BrokerSDFX
Official Websitewww.sdfxglobal.com
RegulationN/A
CountryIndia
Founded In2022
Trading InstrumentsForex
LeverageN/A
Minimum DepositN/A
Minimum SpreadN/A
Customer Service24/7

SDFX Global: Is Real or Fake?

Despite being founded recently, SDFX Global is unregulated. The website does not have information about the company’s owners. Though the contact number includes the Indian country code, suggesting it is an Indian entity. 

The presence of referral links to prominent Forex platforms may either be an attempt to establish trust or merely to attract visitors, making it difficult to ascertain the true intent behind these links.

Overall, while SDFX presents itself as a promising trading platform, the absence of regulatory validation and potential misleading elements necessitate caution for potential investors.

What is SDFX Global?

SDFX Global is an India-based forex trading broker founded in 2022. It claims to offer low-risk and high-security trading, but there is no proof of the company’s regulatory status on its official website, sdfx.global.com, indicating potential security concerns.

The platform asserts that it provides a comprehensive market overview and 24/7 customer support. However, the SDFX website features several referral links to other broker platforms like FXTM, OctaFX, Iron FX, and Rox Capitals. These links could potentially mislead visitors into investing, raising concerns about the platform’s safety and transparency.

Account Types Offered By SDFX

SDFX lacks account types on its website. This raises suspicions about potential fraudulent activities. Instead of offering standard trading accounts, the broker promotes an MLM Ponzi scheme, encouraging users to share referrals and earn money. We strongly advise traders against engaging with SDFX, as it might be a scam and could lead to financial loss. For a variety of account types and secure trading options, consider checking out XYZ.

How to Register with SDFX?

You won’t be able to find the registration for SDFX on the website, you have to search for the registration then only you will be able to find the broker’s official registration website.

Sign Up At Sdfx Global

SDFX Global Login

When attempting to sign in with the broker, we couldn’t find an option for new sign-ups on the website. Clicking on “LogIn” in the top right corner of the site prompted us to enter a “Member Code” and “Password”. 

The interface is such that the user won’t be able to find the registration, we dig up alot and then found out the registration link.

Login Sdfx Global

Trading Platforms Offered By SDFX

SDFX Global services does not provide trading platforms on its own website. To trade, you must create an account with brokers like OctaFx, FXTM, and others listed on the website. This is a significant drawback, as the absence of an actual trading platform on a broker’s website is highly ironic. 

For an advanced trading platform like MT5, consider checking out XYZ. Instead of providing its own trading platform, the broker redirects users to other brokers, indicating that it operates more as an MLM scheme than a legitimate trading broker.

Trading Instruments Offered By SDFX Global

When trading platforms and account types are missing from the website, we can’t expect trading instruments from the broker. 

However, after researching and reviewing other competitors, we found that SDFX Global offers clients access to various market instruments for forex trading. Typically including major, minor, and possibly exotic currency pairs. 

Unfortunately, specific details about the exact range of market instruments provided by SDFX Global are not available.

SDFX Global.com Deposits and Withdrawals

SDFX offers local bank transactions for deposits and withdrawals, and the broker’s bank information is available on the official website. However, the minimum deposit required to open an SDFX trading account is not mentioned anywhere on the website or elsewhere.

Pros and cons of SDFX Global

Here are some advantages and disadvantages of SDFX Global:

PROSCONS
NoneLacks regulation
 No Accounts or Trading Platforms Offered
 Registration Process is cumbersome
 An MLM Scheme

What raised our concerns about SDFX?

Website Content

Two months back the website had dummy content, they have now written some content on the website. This content seems to be written by a non-writer, who makes grammatical mistakes and spelling mistakes.

Website Content At Sdfx Global

The FAQ section still has dummy content on it.

Founder not Found

The founder of SDFXGlobal.com is still unknown. There is no mention of the founder on the website.

The Scam Income Plan

After learning all this about SDFX Global, it is clear that this company is not legitimate. It primarily engages in money circulation schemes. Funds are redistributed among investors who join the scheme.

SDFX Global services lack proprietary trading technology. Its operations seem to be designed solely for money circulation purposes.

Hyperlinks

There are several hyperlinks on the website which do not direct anywhere. 

There are hyperlinks like ‘read more,’ but these links do not direct to any information pages. Detailed information on the benefits claimed by SDFX is missing. 

Remember, empty barrels make the most noise, so don’t fall for everything you see on the website

The Alternatives to SDFX Global

There are several good brokers in the market. These are: Tradeeu Global , FXROAD

Customer Care

The only good thing about this broker is its customer service. The service is available 24*7. We contacted them and the service was bearable. SDFX Global does not offer liveChat option.

Phone Number: 

+91 7601-821-012

+91 7908-358-517

+91 8927-834-513

Email-Id: [email protected]

WhatsApp Number: +91 7601-821-012 

Customer Care Sdfx Global

SDFX has also introduced a website form for querying.

Conclusion

There is overwhelming evidence that SDFX Global is not a safe broker. Despite the grand claims on its website, our research indicates that SDFX Global is unreliable.

Firstly, it lacks financial regulation, which is a major red flag. Additionally, the broker’s website appears to be a dummy, making grand promises without providing evidence or detailed information. The presence of referral links to other websites to lure visitors is also highly questionable.

Overall, it is best to avoid trading with SDFX Global to save your time and money. Consider broker platforms like XYZ for a safer trading experience.

FAQs

Is SDFX Based in India?

SDFX was founded in 2022. While the broker’s headquarters are not specified, the customer support contact numbers include the Indian country code, indicating that the broker is based in India.

What are the educational instruments available on the SDFX Global website?

There are no educational instruments available on the SDFX global’s website.

Is SDFX a scam?

The broker is not regulated by any authority, nor is the website in good condition. All these factors create doubts of SDFX being a scam broker.

Where is the Operation base of SDFXGlobal.com located?

The operation base SDFXGlobal.com is located in San Francisco.

How does SDFX earn money?

SDFX leverages other broker platforms to attract users and deposits, utilising their resources and trading tools. It engages in copy trading, mimicking the actions of a trading expert.

Is Bonus provided by SDFX Global?

No, Bonus is not offered by SDFX Global. Even Though, it claims for faster execution and high profits, all of it appears to be a scam.

Is SDFX regulated?

No, SDFX is not regulated by any authority.

Does SDFX Global have SEBI registration?

No, the information having SDFXGlobal SEBI registration is fake. 

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