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SINOFX

United States|2-5 years|
Regulated in United States|Suspicious Regulatory License|MT4/5 full license|Chinese market only|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

http://en.sinofx.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
SinoInternational-Server MT5
Server Location Hong Kong

Contact

cs@sinofx.com
http://en.sinofx.com

Licenses

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

Single Core

1G

40G

Open Now

Broker Information

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Company Name

SINO INTERNATIONAL LIMITED

Company Abbreviation

SINOFX

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-02-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0538454) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

WikiFX Verification

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SINOFX · Company Summary

Since SINOFXs official website (http://en.sinofx.com/) cannot be opened for now, we could only piece together the rough picture of this brokerage house by gathering relevant information from other websites.

basic-info

General Information

Registered in the United States, SINOFX is an online forex broker offering a series of trading instruments, including currency pairs, commodities, index, stocks, and more through the MT5 trading platform.

SINOFX was established long, with an operating time of two to five years. As SINOFXs official website cannot be accessible, we were unable to obtain more information. Further details about its trading assets, spreads and commissions, minimum deposit, and more cannot be found anywhere.

SINOFX is operated by SINO INTERNATIONAL LIMITED, and this company does not hold any regulatory license to prove that it is legally operates.

Negative Reviews

Some traders shared their terrible trading experience on this platform, complaining that the position cannot be closed and the previous pending order cannot be cancelled. Come to WikiFX to read the whole story.

negative-reviews

Customer Support

Traders can only reach out to SINOFX about any questions or concerns they may have about their accounts or their trading through the following methods:

Email: cs@sinofx.com

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

News

Negative Reviews: Clients Reveal SINOXFX is a Scam

NewsNegative Reviews: Clients Reveal SINOXFX is a Scam

2023-01-23 14:51

A good rule of thumb is to carefully review all the forex companies for that matter before you start any transaction.

WikiFX
2023-01-23 14:51
News
Negative Reviews: Clients Reveal SINOXFX is a Scam

User Reviews

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User comment

3

Comments

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FX1449580808
more than one year
Phew, that was close! This broker tried to deceive me by claiming to be a regulated and trustworthy broker, but I had already seen many negative reviews about them online, including their unethical practices, such as manipulating prices, delaying withdrawals, and even stealing clients' funds. I strongly advise others not to trade with SINOFX and to be cautious of such fraudulent brokers.
2023-03-28 09:18
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0
0
马汇总部
more than one year
Stay away from SINOFX! It is an unregulated scam firm that has gone offshore! The website is no longer open, and customer service cannot be contacted. Be careful when choosing a broker!
2022-11-30 17:40
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0
0
FX1066879818
more than one year
I am sure that this platform is here purely to defraud clients. Here is the thing: I put $2300 here, then i started to trade currency pairs, but the odd thing is that I kept losing money. When I told them that I wanted to close my position, they said I cannot. I lost all my money within a week, and they still haven’t give me any reason.
2022-11-30 11:33
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