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Score

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/10

SENTINEL

Australia|5-10 years|
Investment Advisory License|Suspicious Scope of Business|Suspicious Overrun|Medium potential risk|

http://www.sentinelgroup.com.au/

Website

Rating Index

Contact

+61 8 9225 0000
info@sentinelgroup.com.au
http://www.sentinelgroup.com.au/
Level 21 The Forrest Centre 221 St Georges Terrace Perth WA 6000

Licenses

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

Single Core

1G

40G

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Contact number

English

+61 8 9225 0000

Other ways of contact

Broker Information

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Company Name

SENTINEL FINANCIAL GROUP PTY LTD

Abbreviation

SENTINEL

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-27
  • This broker exceeds the business scope regulated by Australia ASIC(license number: 230542)Investment Advisory Licence Non-Forex License. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

SENTINEL · WikiFX Survey

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SENTINEL · Company Summary

SENTINEL Basic Information
Company Name SENTINEL
Headquarters Australia
Regulations ASIC (Exceeded)
Tradable Assets Australian shares, international shares, property, infrastructure, bonds, cash, currencies, commodities
Trading Platform Mobile platforms
Time to open account Instant
Customer Support info@nextlevelfxtrade.com(+382) 69 431752

Overview of SENTINEL

SENTINEL is a broker situated in Australia, which registered in Level 21 The Forrest Centre 221 St Georges Terrace Perth WA 6000. It is an brokerage firm offering access to variou products and services. Traders can access the Australian shares, international shares, property, infrastructure, bonds, cash, currencies, commodities. However, it exceeds the business scope which may pose risks to traders, requiring careful consideration before engaging in trading activities.

Overview of SENTINEL

Is SENTINEL Legit?

SENTINEL is beyond the scope of its business. This broker exceeds the business scope regulated by Australia ASIC (license number: 230542) Investment Advisory Licence Non-Forex License. It is advisable for traders to thoroughly research and consider the regulatory status of a broker before engaging in trading activities to ensure a safer and more secure trading experience.

Is SENTINEL Legit?
Is SENTINEL Legit?

Pros and Cons

SENTINEL provides traders with a wide range of trading tools, providing flexibility and meeting different trading needs. The user-friendly design of the platform further enhances user accessibility and familiarity. It makes it easy for thousands of investors - from first-time investors to experienced financial professionals - to participate. However, concerns have been raised because it operates outside its stated business scope, which could affect transparency and investor protection. While SENTINEL offers many trading opportunities, caution is advised due to the lack of regulatory oversight and limited support resources available. It also offers limited customer support, and traders should carefully evaluate these factors before using the platform to ensure a safe trading experience.

Pros Cons
  • Various solutions offered
  • Overstep the scope of its business, potentially exposing traders to risks
  • Some account types available
  • Limited customer support options, primarily through email and calls
  • Lack of educational resources or transparency regarding company policies and procedures

Trading Instruments

SENTINEL offers various products and services, including Australian Shares, International Shares, Property, Infrastructure, Bonds, Cash, Currencies, Commodities and much more.

Trading Instruments

How to open an account with SENTINEL

  1. To begin, click on the 'Register' button located in the upper right corner of the official website.

  2. You will be directed to a new page dedicated to registration.

  3. Fill in your personal information to complete the account registration process, after which you can proceed to trade.

How to open an account with SENTINEL
How to open an account with SENTINEL

Trading Platforms

SENTINEL exclusively utilizes the mobile platforms across all its account types. The application of mobile is compatible with both iOS and Android smartphones. Harness the power of the mobile app to gather data, conduct detailed analyses, and execute FX transactions no matter where you are.

Trading Platforms
Trading Platforms

Customer Support

The company can be contacted at +61 8 9225 0000 for any questions. Additionally, here are the emails:

For All Transaction Emails:transact@sentinelgroup.com.au

For All Administration Emails:sentineladmin@sentinelgroup.com.au

A support ticket is also provided for clients to fill in some personal details and questions, then waiting to be connected.

Customer Support

Conclusion

In conclusion, SENTINEL offers traders kinds of trading instruments, complemented by its widely-used mobile platform, which facilitates flexible and accessible trading opportunities. However, the potential lack of regulatory oversight poses risks that may impede the efficient resolution of inquiries. Furthermore, the scarcity of educational resources and unclear company policies could challenge traders seeking comprehensive guidance. Traders are advised to exercise caution and conduct thorough research before engaging with SENTINEL to mitigate potential risks and ensure a safer trading experience.

FAQs

Is SENTINEL regulated?

SENTINEL is registered and exceeds the business scope regulated by Australia ASIC (license number: 230542), indicating it is not within the standard regulatory framework.

What trading platforms are available at SENTINEL?

SENTINEL offers trading on mobile platforms compatible with iOS and Android devices.

What tradable assets are available at SENTINEL?

SENTINEL offers trading in Australian shares, international shares, property, infrastructure, bonds, cash, currencies, and commodities.

How can I contact SENTINEL's customer support?

SENTINEL's customer support can be reached at +61 8 9225 0000 or via email at info@sentinelgroup.com.au.

Risk Warning

All investments entail risks and may result in both profits and losses. In particular, trading leveraged derivative products such as Foreign Exchange (Forex) and Contracts for Difference (CFDs) carries a high level of risk to your capital. All these derivative products, many of which are leveraged, may not be appropriate for all investors. The effect of leverage is that both gains and losses are magnified. The prices of leveraged derivative products may change to your disadvantage very quickly, it is possible for you to lose more than your invested capital and you may be required to make further payments. It is important that you understand that with investments, your capital is at risk.

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