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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

SYMFX

United States United States | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://www.xingrong03.com/

Website

Rating Index

Contact

4006055850
http://www.xingrong03.com/
SUITE 23 1330 AVENUE OF THE AMERICAS NEW YORK, NY 10004 US

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
United States
Operating Period
5-10 years
Company Name
Symfx Global LTD
Customer Service Email Address
m17080897@163.com
Contact Number
4006055850
Website
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • xingrong03.com
    172.120.247.203
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Profile

Company Profile

Review summary

Registered in US
Regulated by No effective regulation at this time
Year(s) of establishment 5-10 years
Trading instruments Information not available
Minimum Initial Deposit Information not available
Maximum Leverage Information not available
Minimum spread Information not available
Trading platform MT4
Deposit and withdrawal method Information not available
Customer Service Email/phone number/QQ
Fraud Complaints Exposure No for now

Note: At this time, we only have a cursory look at SYMFX as the company's official website (http://www.xingrong03.com/ ) does not open properly.

General information

Screenshot time: 01/11/2023

WikiFX provides dynamic scoring, it will track the broker's dynamic real-time scoring, the current time screenshot scores do not represent past and future scoring.

General information and regulations

SYMFX is registered in the US and appears to be a fraudulent broker without any credible regulation, with a history of no more than 10 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.

When choosing a forex broker, you should know that a regulatory license does not necessarily guarantee the reliability of a broker as it may be an expired or cloned regulatory license, but a broker without any regulatory license has a high probability of being unreliable.

Customer support

The support service provided by SYMFX is not very extensive. It can only be accessed via email, phone number and Tencent QQ. Since the company's website is not currently open, we do not know if it offers other services such as live chat, callback, FAQ, 24/7 or 24/5 service, etc.

Below are the details about the customer service.

Email: m17080897@163.com

Phone Number: 4006055850

QQ: 349591251

Users exposures

We have not received any reports of fraudulent activity at this time.

Frequent asked questions about SYMFX

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

What is the regulatory status and risk profile of SYMFX?

Symfx Global LTD operates without any verified mainstream forex trading licenses, according to the Forex License registry, which classifies it as an unregulated entity with a high-risk profile. The broker's own description of its business scope as 'Suspicious' and a low WikiFX score of 1.61 further underscore the significant absence of standard investor protections, such as segregated client funds.

Three days ago
United States

What is the current regulatory status of SYMFX?

The broker's current regulatory status is unregulated. The WikiFX assessment confirms that Symfx Global LTD holds no valid authorizations from major financial authorities like the FCA, ASIC, or CySEC, meaning it operates entirely outside formal oversight frameworks designed to protect traders.

Three days ago
United States

Is SYMFX suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose SYMFX or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

Three days ago
United States

What essential information should I know before trading with SYMFX?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

Three days ago
United States
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