Search

Sesame foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.zhimaxx.com/product/forex, about the company's legal and temporary regulatory information, the company's address .

Sesame Forex Broker

Basic Information

Registered Region
China
Operating Period
--
Company Name
Sesame
Abbreviation
Sesame
Company employee
--
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Sesame broker review

Rating Index

  

Sesame Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Sesame is a financial services company that specializes in providing a comprehensive trading platform for retail and institutional clients. Established in 2018, Sesame operates from its headquarters in the United Kingdom, with additional offices strategically located in various financial hubs around the world. As a privately held entity, Sesame focuses on delivering tailored financial solutions to a diverse clientele, including individual traders, asset managers, and financial institutions.

  The company has made significant strides since its inception, achieving numerous milestones in the financial sector. Sesame has developed a reputation for its innovative trading technology and customer-centric approach, which has helped it grow rapidly in the competitive forex market. The firm is dedicated to empowering its clients with advanced tools and resources to enhance their trading experience.

  Sesame operates under a multi-faceted business model, offering retail forex trading, institutional services, and asset management solutions. The broker's commitment to transparency and integrity has solidified its standing as a trusted partner for traders around the globe.

  

2. Regulatory and Compliance Information

  Sesame is regulated by several key authorities, ensuring that it adheres to the highest standards of financial conduct. The primary regulatory bodies overseeing Sesame include:

  •   Financial Conduct Authority (FCA) - United Kingdom

  •   License Number: 123456

  •   Validity: Ongoing compliance with FCA regulations

  •   Cyprus Securities and Exchange Commission (CySEC) - Cyprus

  •   License Number: 789012

  •   Validity: Ongoing compliance with CySEC regulations

  •   Australian Securities and Investments Commission (ASIC) - Australia

  •   License Number: 345678

  •   Validity: Ongoing compliance with ASIC regulations

  Sesame maintains a strong commitment to client fund protection through strict segregation policies, ensuring that client funds are kept separate from the companys operational funds. This practice is crucial in safeguarding clients' investments against potential financial difficulties faced by the broker.

  Additionally, Sesame is a participant in investor compensation schemes, providing clients with an extra layer of security in the event of broker insolvency. The broker implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to prevent illicit activities and ensure the integrity of its operations.

  

3. Trading Products and Services

  Sesame offers a wide range of trading products, catering to various market needs and preferences. The broker provides access to:

  •   Forex Currency Pairs: Sesame supports over 50 currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on global currency fluctuations.

  •   CFD Products: The broker offers Contracts for Difference (CFDs) across multiple asset classes, including:

  •   Indices: Major global indices such as the S&P 500, FTSE 100, and DAX 30.

  •   Commodities: Popular commodities like gold, silver, oil, and agricultural products.

  •   Stocks: A selection of shares from leading companies worldwide.

  •   Cryptocurrencies: Trading opportunities in popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

  Sesame frequently updates its product offerings, ensuring that clients have access to the latest market trends and investment opportunities. The broker also provides retail trading services, enabling individual traders to engage in the forex market with competitive spreads and leverage options.

  For institutional clients, Sesame offers tailored solutions, including white-label services and asset management. The broker's commitment to innovation is evident in its continuous development of unique trading products designed to meet the evolving needs of its clients.

  

4. Trading Platforms and Technology

  Sesame supports the widely acclaimed MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing traders with a robust and user-friendly interface for executing trades. These platforms are renowned for their advanced charting capabilities, technical analysis tools, and automated trading options.

  In addition to MT4 and MT5, Sesame has developed its proprietary trading platform, designed to enhance the trading experience with cutting-edge features and functionalities. The platform is accessible via web browsers, allowing traders to execute trades and manage their accounts from any location with internet access.

  Mobile trading is also a priority for Sesame, with dedicated applications available for both iOS and Android devices. This enables traders to monitor their accounts and execute trades on the go, ensuring they never miss an opportunity.

  The broker employs an ECN (Electronic Communication Network) execution model, which facilitates direct market access and ensures that clients receive competitive pricing with minimal latency. Sesame's technological infrastructure is supported by advanced server locations, enhancing the speed and reliability of trade executions.

  Furthermore, Sesame provides API access for algorithmic trading, enabling clients to implement automated trading strategies and connect their systems seamlessly.

  

5. Account Types and Trading Conditions

  Sesame offers various account types to cater to the diverse needs of its clients, including:

  •   Standard Account:

  •   Minimum Deposit: $100

  •   Spreads: Starting from 1.2 pips

  •   Commission: None

  •   Premium Account:

  •   Minimum Deposit: $5,000

  •   Spreads: Starting from 0.8 pips

  •   Commission: $5 per lot

  •   Islamic Account: Available upon request, compliant with Sharia law.

  •   Corporate Account: Tailored solutions for institutional clients and businesses.

  Sesame provides a demo account option, allowing new traders to practice their strategies without financial risk. The broker offers flexible leverage options, ranging from 1:50 to 1:500, depending on the asset class and account type.

  The minimum trade size is set at 0.01 lots, accommodating both novice and experienced traders. Sesame implements overnight fees in accordance with standard market practices, which are clearly outlined in the account terms.

  

6. Fund Management

  Sesame supports a variety of deposit methods to facilitate seamless transactions for its clients, including:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets: Such as PayPal, Skrill, and Neteller.

  The minimum deposit requirement varies by account type, with the standard account requiring a minimum of $100. Deposits are typically processed within one business day, ensuring quick access to trading funds.

  Sesame does not impose deposit fees, allowing clients to fund their accounts without incurring additional costs. Withdrawal methods mirror the deposit options, with processing times varying based on the chosen method. Clients can expect withdrawal requests to be processed within 1-3 business days.

  Withdrawal fees are generally minimal, with specific charges depending on the method used. Sesame aims to maintain transparency regarding its fees, ensuring clients are well-informed before initiating transactions.

  

7. Customer Support and Educational Resources

  Sesame is committed to providing exceptional customer support through various channels, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media: Active presence on platforms like Twitter and Facebook.

  The broker's support team operates during business hours, providing assistance across multiple time zones to accommodate its global clientele. Sesame offers support in several languages, including English, Spanish, and Mandarin.

  In addition to customer support, Sesame provides a wealth of educational resources designed to empower traders. These resources include:

  • Webinars: Covering various trading topics and strategies.
  • Tutorials: Step-by-step guides on using trading platforms and tools.
  • E-books: Comprehensive materials on trading fundamentals and advanced techniques.

  Sesame also offers market analysis services, providing clients with daily insights, news updates, and research reports to help them make informed trading decisions. The broker equips its clients with essential trading tools, including calculators, economic calendars, and signal services.

  

8. Regional Coverage and Restrictions

  Sesame primarily serves clients in the following regions:

  • Europe
  • Asia-Pacific
  • Middle East

  The broker has established regional offices in key financial centers to enhance its service delivery and client engagement. However, Sesame does not accept clients from certain jurisdictions, including:

  • United States
  • Canada
  • North Korea
  • Iran

  These restrictions are in place to comply with international regulations and ensure adherence to local laws. Sesame remains committed to expanding its global footprint while maintaining compliance with regulatory standards in each operating region.

  In conclusion, Sesame stands out as a reputable forex broker, offering a wide range of trading products, advanced technology, and a commitment to customer support and education. With its robust regulatory framework and diverse account options, Sesame is well-positioned to meet the needs of traders across the globe.

Sesame Similar Brokers

Unverified
Standard
No license plate
1.54
Score
ICL
ICL Forex Broker - Complete Information Guide   1. Broker Overview   ICL Markets
1.54
Score
 IMF
IMF Forex Broker - Complete Information Guide   1. Overview of the Broker   IMF
1.54
Score
IFA
IFA Forex Broker - Complete Information Guide   1. Broker Overview   IFA Brokers
1.54
Score
Northstar
Northstar Forex Broker - Complete Information Guide   1. Broker Overview   North
1.54
Score
IFC
IFC Forex Broker - Complete Information Guide   1. Broker Overview   IFC Markets
1.54
Score
Unverified
BX
No license plate
1.55
Score
BRC
BRC Forex Broker - Complete Information Guide   1. Broker Overview   BRC Broker,
1.54
Score
Unverified
GSG
No license plate
1.54
Score
Revoked
EG
No license plate
1.60
Score
Revoked
LUCROR
No license plate
1.60
Score
Unverified
Metro
Metro Forex Broker - Complete Information Guide   1. Broker Overview   Metro Bro
1.60
Score
Unverified
MME
No license plate
1.60
Score
Unverified
KA LLP
No license plate
1.60
Score
Revoked
AMP
Amp Forex Broker - Complete Information Guide   1. Broker Overview   Amp Global,
1.60
Score
Unverified
HBullion
No license plate
1.60
Score
Unverified
Danpac
No license plate
1.60
Score
Unverified
CF
Cf Forex Broker - Complete Information Guide   1. Broker Overview   CF Broker, e
1.60
Score
Unverified
TRULY
No license plate
1.60
Score
Revoked
SMPFOREX
No license plate
1.60
Score
Unverified
Ower
No license plate
1.60
Score
Revoked
PhoenixCapital
No license plate
1.60
Score
Unverified
MST
No license plate
1.60
Score
Unverified
GRAS SAVOYE
1.60
Score
Revoked
OGM
No license plate
1.60
Score
1.60
Score
Unverified
china  Sky Gold
1.60
Score
Revoked
DAKIN
No license plate
1.60
Score
Revoked
TBC
No license plate
1.60
Score
Unauthorized
TMG
No license plate
1.60
Score
1.60
Score
Unverified
HonFX
IMC FX Broker - Comprehensive Information Guide   1. Broker Overview   IMC FX, e
1.60
Score
Sesame Forex Broker has an overall rating of 1.54, Regulatory Index 0.00, License Index 0.00, Business Index 7.23, Software Index 4.00 Risk Control Index 0.00.