SF Capital FX Broker Overview
SF Capital FX is a retail forex and CFD brand operated by SF Capital LTD, a company the broker states was incorporated in 2024 in the Mwali jurisdiction of the Comoros Union, with a registered office at P.B. 1257 Bonovo Road, Fomboni. The brand presents Dubai as its headquarters and runs a second entity there, SFC Financial Services L.L.C. Trading is offered on MetaTrader 5 only, across three account tiers with a minimum deposit from 50 USD, leverage to 1:400 and a stated range of more than 80 instruments.
SF Capital FX Regulation and License
The broker advertises two authorisations. The first is an International Brokerage and Clearing Licence numbered BFX2024131, described on its company page as issued at Fomboni, Island of Moheli, and held by SF Capital LTD. The second is a Category 5 licence numbered 20200000377 from the United Arab Emirates Securities and Commodities Authority, attributed in the site footer to SFC Financial Services L.L.C.
Neither claim was confirmed against the issuing authority in this research. The site publishes no certificate or verification link for the Comoros licence, and its Verify button for the UAE entity opens a licensing portal home page rather than an entry for the company.
Is SF Capital FX Regulated?
No financial regulation could be confirmed for SF Capital FX. Both authorisations it names are claimed and unconfirmed, which is not the same as absent but is also not evidence that either licence is in force. The practical position for a client is that the entity taking the deposit, SF Capital LTD, has no confirmed supervision, and the client agreement places any dispute under the law of the Comoros Union with arbitration seated in Fomboni.
SF Capital LTD and SFC Financial Services L.L.C
The two companies do different jobs and the distinction matters. SF Capital LTD is the contracting party named in the terms and conditions, so it is the company a client actually deals with and the one that holds the money. SFC Financial Services L.L.C is described as the entity the brand is powered by, and is the company to which the UAE regulatory claim attaches. A licence held by the second company would not extend to accounts opened with the first.
SF Capital FX License BFX2024131
Licence BFX2024131 is presented as an International Brokerage and Clearing Licence in the Comoros Union, marked Active, with SF Capital LTD as holder and the authority named as the Financial Services Commission of Fomboni. That name does not match the name the Mwali authority uses for itself, and no public record of the number was located. The licence should be read as a claim the broker makes rather than a confirmed permission, and its scope has not been established.
Is SF Capital FX Safe?
SF Capital FX carries the risks of an unverified offshore operation and should be treated with caution. The company that holds client money is registered in a jurisdiction whose authorisation could not be confirmed, the corporate record is barely a year old, and the single licensing document the site does publish is a Dubai commercial trade licence permitting introduction and promotion rather than dealing. Nothing on the site commits to segregated client accounts, negative balance protection or any compensation scheme, and the bonus terms make the broker's own compliance department the final arbiter of disputes.
SF Capital FX Account Types
Three tiers are offered, all on MT5, all with a USD base currency, a 0.01 lot minimum trade size and 1:400 maximum leverage.
- Standard: 50 USD minimum deposit, spreads from 1.0 pips, no commission.
- Professional: 5,000 USD minimum deposit, spreads from 0.5 pips, no commission.
- Raw: 50 USD minimum deposit, spreads from 0.0 pips, 3.5 USD per lot commission.
The tiers differ only in pricing, so the Professional account's higher deposit buys a 0.5 pip spread improvement over Standard rather than any change in leverage, platform or instrument access.
SF Capital FX Spreads, Commissions and Fees
Pricing runs from 1.0 pips on Standard down to 0.0 pips plus 3.5 USD per lot on Raw. The broker publishes no swap or financing rates, no inactivity fee schedule and no deposit or withdrawal charges, so the total cost of holding a position cannot be established from the site.
SF Capital FX Leverage
Maximum leverage is 1:400 on all three account types. The terms allow the broker to change leverage ratios at any time without prior notice.
SF Capital FX Trading Platforms
MetaTrader 5 is the only platform, available as a Windows terminal, a browser WebTrader and iOS and Android apps. There is no proprietary web terminal and no MT4. The broker also promotes a separately branded SF Capital mobile app, though both of its store buttons currently point to the same Apple listing.
SF Capital FX Deposits and Withdrawals
Funding is concentrated on regional payment rails and crypto. The broker names NowPayments for USDT, bank transfers, ZainCash, SPayz, Qi Card, FIB, PayAsia, JenaPay, Ptop and AsiaPay, and shows cards as a funding category on its home page without naming a processor. No fees, minimums, maximums or processing times are published for any channel. Deposits must be made in the account holder's own name, third party deposits are refused, and withdrawals are returned to the original funding source where possible.
SF Capital FX Support
Support is offered by email at contact@sfcapitalfx.com, by telephone on +971 449 59 200 and through a contact form, stated as available 24/5 with a target response within 24 hours. There is no live chat. The site is published in 16 languages while support is claimed in 10, which are not named. The broker maintains no social media presence that it links from its own site.
SF Capital FX Pros and Cons
Strengths
- A low entry point at 50 USD on two of the three tiers, with Raw pricing from 0.0 pips plus 3.5 USD per lot.
- Both legal entities are named, with addresses, registration numbers and a licence document published rather than merely asserted.
- Scalping and expert advisors are permitted on every account tier.
Limitations
- No financial regulation could be confirmed for either named authority.
- The entity holding client money is separate from the entity carrying the UAE regulatory claim.
- No published fee schedule, funding limits or processing times.
- No stated client money segregation, negative balance protection or compensation scheme.
SF Capital FX Review and Assessment
SF Capital FX is a young, offshore-contracting broker with a conventional MT5 offering and competitive headline pricing, whose weakness is the gap between what it claims about its regulatory standing and what it evidences. The most important thing to establish before funding an account is which company would hold the money and under whose supervision, because the answers on this site are a Comoros entity incorporated in 2024 and an authorisation that has not been confirmed. Anyone considering a deposit should treat the published minimum as the maximum they are prepared to risk until a withdrawal has been completed and the licence independently verified.
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