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/10

SCEX

Bahamas Bahamas | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://toscex.com/

Website

Rating Index

Contact

https://toscex.com/
Sea Sky Lane, B201, Sandyport, Nassau, New Providence, The Bahamas

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Bahamas
Operating Period
2-5 years
Company Name
SCEX Markets Limited
Email
support@scexus.com
Company Website
Address
Sea Sky Lane, B201, Sandyport, Nassau, New Providence, The Bahamas
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • toscex.com
    104.21.15.41
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

SCEX Review Summary
FoundedWithin 1 year
Registered Country/RegionBahamas
RegulationUnregulated
Market InstrumentsForex, Index CFD, Commodities and Cryptocurrency
Demo AccountN/A
LeverageN/A
Spread0 for SCEXS 0.0 account
Trading PlatformMT4, MT5, cTrader
Min DepositN/A
Customer SupportEmail: support@scexus.com

SCEX Information

SCEX was founded in 2023 in Melbourne, Australia. It offers more than 800 tradable instruments, including Forex, index CFDs, commodities and cryptocurrencies, with competitive transaction fees.

SCEX Information

Pros and Cons

ProsCons
Over 800 tradable instrumentsLack of Regulation
The minimum spread and commission is 0Only email support is provided, lack of telephone and online customer serivice
Provide three platforms of MT4, MT5 and cTraderAUD 20 is needed for International wire transfer (TT)
24/7 Customer Support in multiple languages

Is SCEX Legit?

SCEXis currently in a state of no effective supervision.

What Can I Trade on SCEX?

SCEX provides various market opportunities with more than 800 tradable financial instruments, including Forex, Index CFD, Commodities and Cryptocurrency.

What Can I Trade on SCEX?
Tradable InstrumentsSupported
Indices
Forex
Commodities
Crypto currencies
Futures
Bonds

Account Types

SCEX offers two live account types, namely Standard Account and SCEXS 0.0 account.

Standard accounts do not charge any commission.

SCEXS 0.0 accounts offer institutional spreads as low as 0.0 points. There is a commission of AUD 7 per lot.

Account Types

SCEX Fees

Standard account commission is zero, the spread is competitive; SCEXS 0.0 account has an extremely low spread of 0.0 points, but requires a commission of AUD 7 per lot.

Swap rates are published weekly and are calculated based on risk management analysis and market conditions. Each currency pair has its own swap rate, with a standard size of 1.0 lot (100,000 base units).

SCEX also charges overnight interest on overnight positions held in equity index CFDS, equity CFDS and commodities. The fee is based on the regional base rate plus (or minus) a fixed fee of 2.5%.

SCEX Fees
SCEX Fees

Trading Platform

MT4, MT5 and cTrader are chosen by SCEX to serve clients of different preferences.

Trading PlatformSupportedAvailable DevicesSuitable for which type of traders
MT4Priority Customer SupportVPS hostingAdvanced Insights and ReportsProvide discounts for high volume tradersTraders who are new to the market or who prefer a simpler platform.
MT5Priority Customer SupportVPS hostingAdvanced Insights and ReportsProvide discounts for high volume tradersTraders who are looking for a more advanced platform with more features.
cTraderPriority Customer SupportVPS hostingAdvanced Insights and ReportsProvide discounts for high volume tradersTraders who are looking for a fast and efficient platform with a focus on technology.
Trading Platform

Deposit and Withdrawal

SCEX accepts multiple financing methods: credit and debit cards, online wallet options and bank transfers.

For credit and debit cards as well as online wallet options, brokers do not require deposit and withdrawal fees. For bank transfers, the International wire transfer (TT) fee is AUD 20.

Deposit and Withdrawal
Deposit OptionsMin. DepositFeesProcessing Time
Credit cards: Visa and MasterCard/No/
Online wallet options: POLi, BPay, PayPal, Neteller, Skrill, and Union Pay/No/
Bank transfers:Local (BPay) and International (TT)/International wire transfer (TT) fees: AUD 20/
Withdrawal OptionsMin. WithdrawalFeesProcessing Time
Credit cards: Visa and MasterCard/NoWithdrawals requested before 21:00 GMT will be processed the next day, while those received before 07:00 AEST will be processed on the same day.
Online wallet options: POLi, BPay, PayPal, Neteller, Skrill, and Union Pay/NoWithdrawals requested before 21:00 GMT will be processed the next day, while those received before 07:00 AEST will be processed on the same day.
Bank transfers:Local (BPay) and International (TT)/International wire transfer (TT) fees: AUD 203-5 business days

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

What is the regulatory status and risk profile of SCEX?

SCEX Markets Limited is an unregulated broker with a WikiFX risk assessment score of 1.33, indicating a fundamental lack of credible regulatory oversight and the associated investor protections. The entity is registered in the Bahamas and operates under a 'Suspicious Scope of Business' classification, which presents significant concerns for client fund security and dispute resolution.

04-02
United States

What regulatory licenses does SCEX hold?

According to WikiFX data, SCEX does not hold any valid regulatory licenses from major financial authorities such as the FCA, ASIC, or CySEC for its forex trading services, meaning it operates entirely without verified mainstream regulation.

04-02
United States

What is the full company name of SCEX?

The broker operates under the full name SCEX Markets Limited, a company established for 2-5 years and registered in the Bahamas.

04-02
United States

Bagaimana cara mengidentifikasi broker dengan profil risiko tinggi?

Broker dapat dinilai memiliki profil risiko tinggi dengan mempertimbangkan status regulasi, keluhan pengguna, keamanan dana, serta konsistensi informasi publik yang tersedia. Broker tanpa regulasi valid, yang sering mengalami masalah penarikan dana, atau memiliki banyak keluhan pengguna biasanya menunjukkan tingkat risiko yang lebih tinggi. Informasi tersebut dapat diperiksa melalui WikiFX untuk membantu evaluasi secara lebih komprehensif.

Two days ago

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

Two days ago

¿Qué es un sitio web clonado de un bróker?

Un sitio web clonado de un bróker es una página fraudulenta que imita la información de una empresa legítima para inducir a los inversores a realizar depósitos. Estas páginas suelen copiar el nombre de la marca, el diseño del sitio e incluso la información regulatoria. Sus características comunes incluyen dominios similares al sitio oficial, información de contacto difícil de verificar y promesas de rentabilidad inusualmente altas. Una vez transferidos los fondos, normalmente resulta difícil recuperarlos. Se recomienda verificar el dominio oficial, la información regulatoria y utilizar WikiFX como herramienta de verificación adicional.

Two days ago

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

Apa saja yang perlu diperhatikan saat memilih broker yang aman?

Saat memilih broker yang aman, investor perlu memperhatikan status regulasi, keamanan dana, dan transparansi kondisi trading. Disarankan memilih broker yang diawasi oleh regulator utama seperti FCA, SEC, atau ASIC. Selain itu, penting juga memastikan apakah dana klien disimpan secara terpisah, struktur biaya transparan, dan apakah terdapat catatan masalah penarikan dana atau keluhan pengguna. Skor WikiFX dan ulasan pengguna dapat menjadi referensi tambahan.

Two days ago
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