Sinox FX Forex Broker

Registered inUnited Arab EmiratesRegulated byNo effective regulation at this timeYear(s) of establishment2-5 yearsTrading instrumentsFX Major, FX Crosses, FX Minor, FX TRY, Spot Metals, CFDs, Spot Indices, Shares, Cryptocurrencies.Minimum Initial Deposit$50Maximum Leverage1:1000Minimum spread0.0 pips onwardsTrading platformMT5Deposit and withdrawal methodcryptocurrencies, MasterCard, PayPal, VISA, bank transfer, neteller and skrillCustomer ServiceEmail/phone number/address/live chatFraud Complaints ExposureYesGeneral Information Registered in the United Arab Emirates, Sinox FX is an online forex broker providing access to more than 120 trading instruments, including Forex, Metals, Indices, CFD products through the advanced MT5 trading platform.Spreads and Commissions In the case of Sinox FX, spreads and commissions depend on the instrument and the account. Let's take a silver account as an example. Minimum spreads are about 2.5 pips and commission is described as low." /> Market Instruments FX Major, FX Crosses, FX Minor, FX TRY, Spot Metals, CFDs, Spot Indices, Shares, Cryptocurrencies.....Sinox FX allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Sinox FX. we noted that shares trading is currently unavailable. Spreads and Commissions In the case of Sinox FX, spreads and commissions depend on the instrument and the account. Let's take a silver account as an example. Minimum spreads are about 2.5 pips and commission is described as low.Account Types for Sinox FX Demo Account: Sinox FX provides a demo account that allows you to try out the financial markets without the risk of losing money. Live Account: Sinox FX offers a total of Sinox FX account types: silver, gold, platinum, elite and raw. The minimum deposit to open an account is $50, $1,000, $10,000, $25,000 and $50,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a silver account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.Trading Platforms The MT5 trading platform features powerful charting capabilities, including over 50 different technical indicators and intraday analysis tools. Access from a variety of devices also makes trading easier for users.Leverage Sinox FX offers a maximum leverage of up to 1:1000, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.Deposit and Withdrawal As for deposits and withdrawals, the company lists only a few payment options, but does not cover the most important parts, such as additional fees, minimum amounts, time required for procedures, etc. The possible payment methods are cryptocurrencies, MasterCard, PayPal, VISA, bank transfer, neteller and skrill.Customer Support Below are the details about the customer service. Language(s): English Service Hours: 24/7 Email: support@sinoxfx.com Phone Number: +971529626257 Register Address:71-75 Shelton Street, London, Greater London, United Kingdom Office Address: 701, 7th Floor, Al Jawarah Building , near by ADCB bank Dubai U.A.E Social media: Facebook, Instagram, LinkedIn, YouTube, twitter