For more information about SFX Forex Broker company profile, come to WikiBit!
Business
License
SFX Company, operating under the name SFX Markets, was founded in 2011. The brokerage has positioned itself as a modern investment firm, specializing in providing clients with direct access to interbank forex liquidity. SFX Markets aims to utilize cutting-edge technology to enhance the online forex trading experience.
SFX Markets is structured as an independent brokerage firm. It operates under its own brand without a parent company, focusing solely on providing trading services to its clients.
The headquarters of SFX Markets is located at Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines. This location is a common choice for many forex brokers due to the favorable regulatory environment.
SFX Markets serves clients globally, although it does not accept clients from the United States. The company has established a presence in various international markets, providing trading services to a diverse clientele.
SFX Markets is regulated by two primary bodies: the National Futures Association (NFA) in the United States and the Financial Services Authority (FSA) in Seychelles. These regulatory affiliations aim to ensure that the broker adheres to specific operational standards and provides a degree of client protection.
Since its inception in 2011, SFX Markets has achieved several key milestones, including the development of its trading platform and the introduction of various account types catering to different trader needs. The company has also expanded its product offerings to include a range of financial instruments.
SFX Markets has steadily expanded its services over the years. Initially focused on forex trading, the company has broadened its scope to include CFDs and other financial instruments, thereby attracting a wider range of traders.
The company has seen significant growth in its customer base, thanks to its innovative trading solutions and competitive pricing. The introduction of features such as a FIX API account has particularly attracted high-frequency traders.
SFX Markets supports the widely used MetaTrader 4 (MT4) platform, which is known for its user-friendly interface and robust trading capabilities. The broker has continually updated its platform to ensure it meets the evolving needs of traders.
While specific awards were not highlighted in the available information, SFX Markets has garnered positive client reviews, indicating a favorable reputation in the forex trading community.
SFX Markets offers trading in approximately 35 currency pairs, catering to both major and minor forex markets. This variety allows traders to diversify their portfolios and implement various trading strategies.
Currently, SFX Markets does not explicitly mention stock trading options as part of its offerings. The primary focus remains on forex and CFD trading.
The broker provides access to a range of CFDs, allowing traders to speculate on price movements without owning the underlying asset. This includes commodities and indices, enhancing the trading opportunities available to clients.
In addition to forex and CFDs, SFX Markets offers trading in commodities and cryptocurrencies. The inclusion of cryptocurrencies is particularly appealing to traders looking to capitalize on the volatility of digital assets.
One of the unique advantages of SFX Markets is its FIX API service, which allows traders to connect their own trading applications for high-frequency trading. This feature is particularly beneficial for institutional traders and those employing advanced trading strategies.
SFX Markets is regulated by:
These regulatory bodies impose strict compliance requirements, ensuring that the broker operates within legal frameworks designed to protect clients.
SFX Markets operates as a legal entity registered in Saint Vincent and the Grenadines. The company adheres to local laws and regulations while also complying with the standards set by its regulatory bodies.
While SFX Markets does not offer segregated accounts, it claims to implement measures to protect client funds. However, potential clients should be aware of the lack of comprehensive fund protection mechanisms typically associated with more heavily regulated brokers.
SFX Markets serves clients globally, except for those based in the United States. The broker's services are available in various regions, allowing for a diverse client base.
There is no public record of compliance issues or regulatory breaches associated with SFX Markets. However, potential clients are encouraged to conduct thorough due diligence before engaging with any broker.
SFX Markets faces competition from several established brokers in the forex and CFD trading space, including:
SFX Markets positions itself as a technology-driven broker, focusing on providing direct access to interbank liquidity. This approach appeals to both retail and institutional traders looking for reliable execution and advanced trading tools.
SFX Markets differentiates itself through:
SFX Markets has established itself as a reputable broker in the forex and CFD trading industry since its founding in 2011. With a focus on technology, competitive trading conditions, and a global reach, it caters to a diverse clientele. However, potential traders should consider the regulatory environment and client protection measures before choosing to trade with SFX Markets.
For more information on SFX Markets and to explore their trading services, learn more here.