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synergyfx

Australia|5-10 years|
MT4 Full License|Regional Brokers|Clone Firm Australia|High potential risk|

http://syneryfx.com.au/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
SFM-Demo MT4
Server Location United States

Contact

+61 2 8090 3311,+61 2 8319 0265
Support.cn@synergyfx.com.au
http://syneryfx.com.au/
https://www.facebook.com/SynergyFXBroker/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+61 2 8090 3311,+61 2 8319 0265

Traditional Chinese(HK)

+61 2 8090 3311

Chinese (Simplified)

02160756866

Broker Information

More

Company Name

SYNERGY FINANCIAL MARKETS PTY LTD

Company Abbreviation

synergyfx

Platform registered country and region

Australia

Company website
Twitter
Facebook

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-06-22
  • The claimed AustraliaASIC regulation (license number: 403863) is verified as a clone firm. Please pay attention to the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

synergyfx · WikiFX Survey
Danger A Visit to SynergyFX in Australia - Unfound
Australia

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synergyfx · Company Summary

BASIC INFORMATION:

SynergyFX is an Australian forex broker, offering ECN accounts on the downloadable MT4 and MT5 trading platforms. Founded in 2011, SynergyFX is an Australian provider of forex and derivative products. In 2018, the company merged with the ACY Capital Group to provide a high-quality trading experience with low commissions. SynergyFX is not subject to any regulation, so it is uunsafe to trade with it.

MARKETS

SynergyFX offers a wide range of assets, including 40+ currencies, 10+ commodities and precious metals, 20 global indices, and over 600 of the worlds largest share CFDs. You can also now trade Chinese offshore Yuan (CNH) on the MT4 platform.

TRADING FEES

Spreads at SynergyFX are competitive, with major FX pairs around 0.8 pips with the stpECN account and 0.2 pips with the zeroECN account. Major indices such as the FTSE 100 are around 1.4 pips, and crude oil is around 0.030 with stpECN pricing.

There are no commission charges with the stpECN account, but clients can expect $6 and $5 per lot charges with the zeroECN and pureECN accounts respectively.

LEVERAGE

Leverage is available up to a maximum of 1:500 across all accounts.

ACCOUNT TYPES

Depending on your trading style, there are three main accounts on offer at SynergyFX, in 7 different currencies: stpECN, zeroECN, and pureECN. All accounts require a minimum trading volume of 0.01 lots.

stpECN

The stpECN account offers competitive market pricing, with no commissions and a minimum deposit of $50. Swap-free trading is also available with this account.

zeroECN

The ZeroECN account offers direct access to tier-1 liquidity providers for tighter spreads, commissions from $6 per round turn lot, and a minimum deposit of $2,000. The minimum deposit thereafter is $100.

pureECN

The pureECN account also offers direct access to tier-1 liquidity, with tight spreads, commissions from $5 per round turn lot, and an initial minimum deposit of $20,000. The minimum deposit thereafter is $100.

Traders can also get exclusive access to hundreds of shares CFDs via the commission-based MT5 Xchange account.

DEPOSITS & WITHDRAWALS

Deposits

Account funding is available via bank wire transfer (local and international), credit/debit cards, Skrill, Doku Wallet, China Union Pay, and other e-wallets. SynergyFX does not charge for funding by bank transfer, though international payments may incur a bank fee. Received and cleared funds for bank transfers may take 2 – 3 business days.

Withdrawals

The same options are available for withdrawals; however, client can only withdraw via bank wire if you originally deposited by credit card. There is a $25 service charge per withdrawal for international bank transfers and a 3% merchant fee for payments via Skrill. Australian local bank transfers are free three times per month, after which there is a $25 charge per additional withdrawal. In most cases, withdrawals are processed in 1 – 2 business days.

DEMO ACCOUNT

A demo account is available in 17 different languages and can be opened within minutes

TRADING PLATFORMS

· Meta Trader 4

· Meta Trader 5

· MetaTrader WebTrader

TRADING HOURS

Trading hours for currency pairs are 00:00 – 24:00 GMT+2 / GMT+3 (DST) Monday to Friday.

Customer Support

SynergyFX have multilingual support offices based in Sydney, Taiwan, China, and Malaysia, which provide assistance 24/5 via:

· Email – support@acy.com

· Online contact form – Contact us page

· Live chat – responses received within 2 minutes when tested

· Telephone – +61 2 9188 2999 (international) / +02 5594 4927 (Taiwan)

ACCEPTED COUNTRIES

SynergyFX accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders cannot use SynergyFX from United States

User Reviews

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6

Comments

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Peacemind326
more than one year
Moreover, customer service is terrible, they don't seem to care about helping customers solve their problems, and they rarely respond in a timely manner.
2023-04-04 09:24
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0
0
ClaierChouoooo
more than one year
Let me tell you guys straight up, this broker Synergyfx has crazy high spreads. Like, we're talking several hundred pips for major currency pairs, gold, and silver. It's basically impossible to make any profits on this platform. And on top of that, the trading platform itself is so unstable. To be more specific, the platform often experiences delays and crashes, making it difficult to enter or exit trades at the right time. This has led to some significant losses for me.
2023-04-03 17:58
Reply
0
0
UG8YGTFH
more than one year
Scam!! Beware! Fake broker, always looking for some reason to take your money. I have opened a live account and made profits of only $200 to test them but I haven't gotten my money back until now.
2023-02-23 17:01
Reply
0
0
gatito nueve
more than one year
Very bad platform! When you withdraw money, they will use various excuses to hinder you and make you pay additional fees! I hope he is brought to justice as soon as possible!
2022-11-28 17:46
Reply
0
0
张晨晨、
more than one year
A clone company, and not subject to any supervision. Their website has been shut down. Everyone must be careful of such brokers, don't be cheated!
2022-11-27 12:18
Reply
0
0
wei1307
more than one year
I have to say that this synergyfx is definitely not a pleasant place to trade. I made $3,000 after putting in $1,000. But when I wanted to cash out, they told me that I had to pay an extra 20% margin fee. After I did that, the service told me I had to sign up again. I lost $3,000 all together.
2022-11-26 09:55
Reply
0
0
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