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Full Company Name and Establishment Year:
Southern Finance and Securities, commonly referred to as SFCO, was established in 2015.
Headquarters and Main Offices:
The company is headquartered in Ontario, California, USA, with additional offices located in major financial centers to support its operations.
Company Nature:
SFCO operates as a privately held company, which allows for more flexibility in its operations compared to publicly traded firms.
Primary Markets and Clientele:
SFCO primarily serves retail traders and institutional investors, offering a range of financial products and services tailored to meet the needs of both individual and corporate clients.
Company Development and Milestones:
Since its inception, SFCO has achieved significant growth in its client base and trading volume. Key milestones include the launch of its proprietary trading platform and the expansion of its service offerings to include cryptocurrency trading.
Parent Company or Group Relationships:
SFCO operates independently without any parent company affiliations, allowing it to focus solely on its trading services.
Business Model Overview:
The broker primarily operates in the retail forex market, providing trading services in various financial instruments, including currencies, commodities, and CFDs. SFCO emphasizes a user-friendly trading experience through its advanced trading platform.
Main Regulatory Agencies:
SFCO is regulated by the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC), ensuring compliance with U.S. financial regulations.
Regulatory Numbers:
Validity and Scope of Regulatory Licenses:
The licenses held by SFCO are valid indefinitely, provided the company continues to meet the regulatory requirements set by the governing bodies.
Legal Entities in Different Regions:
SFCO operates under different legal entities depending on the region, ensuring compliance with local regulations in each jurisdiction it serves.
Client Fund Segregation Policy:
SFCO adheres to strict client fund segregation policies, ensuring that client funds are kept separate from the companys operational funds to protect investors' capital.
Investor Compensation Fund Participation:
The broker participates in the Securities Investor Protection Corporation (SIPC), which protects clients against the loss of cash and securities in the event of a brokerage firm failure.
KYC and AML Compliance Measures:
SFCO implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, requiring all clients to verify their identity before opening an account and conducting transactions.
Number of Forex Currency Pairs and Major Types:
SFCO offers a diverse range of over 60 forex currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY.
CFD Product Categories:
The broker provides CFDs on various asset classes, including indices, commodities, stocks, and cryptocurrencies, allowing traders to diversify their portfolios.
Special Products or Unique Trading Offerings:
SFCO is known for its unique offerings in cryptocurrency trading, providing access to major digital currencies alongside traditional forex products.
Product Update Frequency and New Additions:
The broker frequently updates its product offerings, regularly introducing new currency pairs and CFDs based on market demand.
Retail Trading Services:
SFCO offers comprehensive retail trading services, including competitive spreads, leverage options, and educational resources for beginner traders.
Institutional Client Services:
For institutional clients, SFCO provides tailored trading solutions, including liquidity provision and white-label services.
White Label Solutions:
The broker offers white-label solutions for businesses looking to enter the trading space under their own brand, leveraging SFCOs technology and infrastructure.
Asset Management Services:
SFCO provides asset management services for clients seeking professional management of their investment portfolios.
MetaTrader 4/5 Support:
SFCO supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), allowing traders to utilize these popular platforms for their trading activities.
Details of Proprietary Trading Platform:
In addition to MT4 and MT5, SFCO has developed its proprietary trading platform, which features advanced charting tools, real-time market data, and customizable interfaces.
Web-Based Trading Platform:
The broker offers a web-based trading platform that is accessible from any device with internet connectivity, ensuring convenience for traders on the go.
Mobile Application Support:
SFCO provides mobile applications for both iOS and Android devices, enabling clients to trade and manage their accounts from anywhere.
Execution Models:
SFCO operates under an ECN (Electronic Communication Network) execution model, providing direct market access to liquidity providers and ensuring tight spreads.
Server Locations and Technical Infrastructure:
The brokers servers are located in secure data centers to ensure fast order execution and minimal latency for traders.
API Access and Automated Trading Support:
SFCO offers API access for algorithmic trading, allowing clients to automate their trading strategies and integrate third-party applications.
Standard Account Conditions:
Advanced Account Types:
SFCO offers several advanced account types, including VIP accounts with lower spreads and enhanced trading conditions for high-volume traders.
Special Accounts:
The broker provides Islamic accounts, ensuring compliance with Sharia law for clients who require such options.
Demo Account Policy:
SFCO offers a demo account for new traders to practice trading strategies without risking real money, with a virtual balance of $100,000.
Leverage Range:
The broker offers leverage up to 1:500, allowing traders to maximize their potential returns while also managing risk.
Minimum Trade Size:
The minimum trade size is 0.01 lots for standard accounts, enabling traders to start with smaller positions.
Overnight Fees Policy:
SFCO applies overnight fees (swap rates) on positions held overnight, which vary based on the asset class and market conditions.
Supported Deposit Methods:
SFCO supports a variety of deposit methods, including:
Minimum Deposit Requirements:
Deposit Processing Times:
Deposits are typically processed instantly for credit/debit cards and e-wallets, while bank transfers may take 1-3 business days.
Deposit Fees:
SFCO does not charge any fees for deposits made via credit cards or e-wallets; however, bank transfer fees may apply depending on the bank.
Withdrawal Methods and Restrictions:
Withdrawals can be made via bank transfer, credit card, or e-wallet, with no restrictions on the amount withdrawn.
Withdrawal Processing Times:
Withdrawal requests are processed within 24 hours, with additional time required for bank transfers, which may take up to 3 business days.
Withdrawal Fee Structure:
SFCO charges a nominal fee for withdrawals via bank transfer, while withdrawals to credit cards and e-wallets are free.
Support Channels:
SFCO offers multiple support channels, including:
Service Hours and Time Zone Coverage:
Customer support is available 24/5, covering major global time zones to assist clients in different regions.
Multilingual Support:
The broker provides support in multiple languages, including English, Spanish, Mandarin, and Arabic, to cater to a diverse clientele.
Types of Educational Resources:
SFCO offers a variety of educational resources, including:
Market Analysis Services:
Clients receive daily market analysis, news updates, and research reports to help them make informed trading decisions.
Trading Tools:
SFCO provides various trading tools, including:
Main Service Markets:
SFCO primarily serves clients in North America, Europe, and Asia, providing access to global financial markets.
Regional Office Distribution:
The broker has regional offices in key financial hubs, including London, Hong Kong, and Sydney, to better serve its international clientele.
Countries/Regions Not Accepting Clients:
SFCO does not accept clients from countries subject to international sanctions, such as North Korea and Iran.
Special Restrictions Information:
Clients must comply with local regulations when trading with SFCO, and the broker reserves the right to restrict access to its services in certain jurisdictions.
In conclusion, SFCO broker offers a comprehensive suite of trading services backed by a robust regulatory framework, advanced trading technology, and a commitment to customer support. With a diverse range of products and a focus on client satisfaction, SFCO is well-positioned to meet the needs of both retail and institutional traders.