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SGM-FX

United Kingdom|5-10 years|
Regulated in United Kingdom|Payment License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://www.sgm-fx.com/

Website

Rating Index

Contact

+44 020 7220 1740
info@sgm-fx.com
https://www.sgm-fx.com/
41 Eastcheap London EC3M 1DT United Kingdom

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

+44 020 7220 1740

Broker Information

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Company Name

SGM-FX Ltd

Company Abbreviation

SGM-FX

Platform registered country and region

United Kingdom

Company website
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WikiFX Risk Alerts 3
Previous Detection : 2024-03-29
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 510014)Payment services Non-Forex License. Please be aware of the risk!

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SGM-FX · Company Summary

General Information& Regulation

SGM-FX, owned by SGM-FX Ltd, is an experienced Forex corporation that is dedicated to providing a proactive and cost-effective deliverable foreign exchange service with the focus on the tailor-made service and instant execution of transfer and bespoke worldwide, thus, SGM-FX become the priority for a plethora of clients ranging from individuals to SME business. In addition, the company location is at 41 Eastcheap London EC3M 1DT United Kingdom.

Market Instruments

SGM-FX provides clients ranging from individuals to SMEs with an array of investment management services, for individuals, SGM-FX offers clients purchasing currencies, transferring the currencies efficiently on behalf of clients, and other services including overseas properties, asset purchases, pensions, as well as mortgage payments. Concerning the SME, it not only provides currency exchange, but some management services include managing an account, developing an effective risk management strategy, and monitoring markets.

Charges

What is worth mentioning, clients do not need to pay the commission, and as for the charge, transfer charges for trades under £20,000 are £10 each, and transactions over £20,000 are free of charge. If clients would like to order a large amount and choose multiple payments, SGM-FX sets a limit to the fees that the first payment is free and each subsequent payment is charged at £10 each.

Deposit & Withdrawal

SGM only accepts funds electronically via CHAPS, BACS, SEPA, or FPS (Faster payment system).

Customer Support

The 24/5 customer support team is ready to provide the assistance clients may need, if so desired, please call at 4402072201740 or e-mail info@sgm-fx.com, additionally, the company office is in business from 08:30 to 17:00 on weekdays.

Risk Warning

A high level of risk is involved in investment products. Establishing your Investment targets understanding of risk and trading experience is key to maintaining a good trading experience. Losing more than your initial investment is highly possible, so do not invest money you cannot afford to lose. We do not, and will not, take into account your circumstances, nor provide any recommendation for you to make any decisions.

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咚格里格咚
more than one year
I sent several emails to ask about the mortgage loan service charges, but no one responded to me. The propaganda is strange, but the reality is different, or should they be treated differently?
2022-12-19 13:33
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简单化
more than one year
Terrible experience. Today, I made a mistake to register on this platform before pulling out. Fortunately didn’t deposit any funds. And since 10 mins after I registered, have received calls from different numbers. One after another... I hate cold calls!
2022-12-07 16:55
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