Review summary
SETFX, operating as SOUTHEAST TRADING LIMITED, is a forex broker established in the United Arab Emirates with 5-10 years of industry presence. The broker holds no valid regulatory license from a mainstream financial authority, meaning it operates without direct oversight from any recognized regulator. According to WikiFX data, the broker's overall score stands at 1.56, reflecting significant concerns regarding its regulatory status. SETFX offers four account types: MICRO (minimum deposit $100, leverage up to 1:100), STANDARD ($500, 1:100), MINI ($1,000, 1:500), and PROFESSIONAL ($10,000, 1:100), all with a fixed spread of 2 pips and support for scalping, hedging, and EA trading. The absence of regulatory oversight indicates a significant risk for traders, as there is no external mechanism to resolve disputes or ensure fair trading practices. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-15)
