Australia|2-5 years| https://sandwindbx.com/
Website
MT4/5 Identification
Full License
Japan
Single Core
1G
40G
Danger
More
SANDWIND GLOBAL LTD
SANDWIND
Australia
Pyramid scheme complaint
Expose
dont believe this broker!
They were using the name of Sunton Capital before and cheated so much money from there. I guess that’s why they can get their license now. Give us back our money and stop scamming new people! Guys please help to report this scammer !!
It was said that it took 10 minutes and 2 days to deposit and withdraw, respectively. We wanted to invest and the platform gained the handling fee. But it scammed users, which disappointed me.
I entered MT5 to check the trading quotes at 7 pm that day, but an hour later I was unable to log in to my MT5 account, same for the platform. My money...
At 8:00 pm 2022/11/4, I can't even enter MT5, do I need to change to a new platform? Where is my hard-earned money?
I'm not going to allow these criminals defraud any more people. They got deposit of my $55000 and deny me withdrawal and claimed it never reflected on their end. There was no way I could show they actually received that funds, i was able to withdraw with the action of AssetsClaimBack advisory it’s cruel that they wouldn't allow me withdraw my money after I made profitable transactions with them.
It happened several times in 1 month. It was a platform of difficulty in withdrawal. I gained the money hardly. I would continue to invest if the withdrawal was successful. It could gain handling fees. Was it right? I was sad.
I could withdraw in the first few days so I increased it to NT $400000. I withdrew $10000 on October 13 but it did not arrive on October 22. Did I only have to wait? I was so sad.
General Information & Regulation
SANDWIND GLOBAL PTY LTD (SANDWIND) is an online trading platform, registered in Australia, and holds an Appointed Representative (AR) license from ASIC in Australia, with regulatory license number: 001292352.
Market Instruments
SANDWIND offers its traders four classes of trading assets, including currency pairs, precious metals, indices, as well as commodities. Some popular instruments like stocks and cryptocurrencies are not available.
Minimum Deposit
SANDWIND does not indicate its minimum initial deposit on its website. in most cases, most brokers would requires an account opening amount around $100 or even less.
Leverage
The maximum trading leverage offered by SANDWIND is up to 1:500. While this may actually be a negative for newcomers to the world of trading, some experienced traders like having the ability to use high leverage ratios. Keep in mind such high leverage levels can also lead to serious losses, should the market move against you.
Spreads & Commissions
SANDWIND advertises that it offers super low spreads, but does not specify detailed information on particular instruments.
Trading Platform
SANDWIND offers its services on the latest trading software provided by fin-tech MetaQuotes – MetaTrader 5, simply known as MT5 (available for Windows, IOS and Android). The successor of the industry leading MetaTrader 4 features most of the well-familiar and loved tools and functionalities of the MT4, and most notably – its advanced charting, plus the option to trade in futures, options and shares, in addition to CFDs and forex.
No Demo Accounts
When we opted for a demo account with SANDWIND , we weren‘t allowed access, as the broker’s services are not available in our country, or it actually does not provide free demo accounts.
Deposit& Withdrawal
When it comes to payment methods available, SANDWIND supports traders to fund their accounts via Credit/Debit Card (Visa, Mastercard,Maestro), Wire transfer, Skrill, VPay.
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2023-03-02 13:50
