Licence number
SD157
View licence record- Licence holder
- Held by SIFX
- Licence type and regime
- Dealing in securities
- Offshore
One licence is on record for SIFX. One has been checked against an official register.
Back to SIFXCounts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
SIFX has one licence on record with Wikilix, issued by one authority across one jurisdiction. None was issued by a tier-1 or tier-2 authority. We located 1 of 1 on the issuing authority’s own register.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Every licence on record for SIFX, strongest authority first.
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
FSA's own rules for the firms it authorises.
Answered from the register entries on this page.
Three stand out. First, the only regulation claimed is offshore and WIKILIX could not confirm it, so there is no compensation scheme or guaranteed client-money segregation behind your deposit. Second, disclosure is thin: no funding fees, no limits, no instrument counts, no execution model and no named trading platform. Third, the sales model leans on account managers, bonuses and signals tied to escalating deposit tiers, which is a structure that can push clients to fund far beyond what they intended.
WIKILIX found no evidence that SIFX is a scam and no sign of a cloned identity: the company it names in its footer really exists, at the address and under the registration number it publishes, and its site is consistent about who operates it. What we could not do is confirm its Seychelles licence claim independently, and the regulator it names would offer a client very limited protection even if the licence is in force. That combination makes it high-risk-unverified rather than proven bad. Treat any deposit as capital you could lose without recourse.
The operating company, FXW Global Ltd, was incorporated on 16 December 2022, which makes the business roughly three and a half years old at the time of this review. That is a short record for a CFD provider, and there is no longer trading history to judge it on.
Support is advertised as available 24/5 by email at support@sifx.com and by telephone on +248 4377167, with local numbers for Mexico, Panama, Peru, Chile, Brazil and Colombia. The registered office address is CT House, Office 7C, Providence, Mahe, Seychelles. No live chat is advertised and the site links to no social media accounts.
The broker states it does not serve residents of certain jurisdictions, including but not limited to Japan, Canada, the USA and Hong Kong legal persons. Its telephone support numbers for Mexico, Panama, Peru, Chile, Brazil and Colombia, and its Spanish and Portuguese site versions, show the business is aimed mainly at Latin America.
Yes. SIFX publishes a dedicated Islamic account page, and swap-free treatment is also listed as a feature of the Platinum and VIP Platinum tiers. The higher tiers additionally advertise swap refunds of up to 10%, 15% and 20% respectively.
The broker does not publish a fee table. Its deposit and withdrawal page states only that transaction fees may apply and vary by payment provider and country. It publishes a separate withdrawal procedure document, and you should read it and get the applicable charges confirmed before depositing.
The broker accepts bank transfers, credit and debit cards and electronic wallets, with availability depending on your country and account type. Account verification must be completed before funds move. Bank transfers are said to take several business days; cards and wallets are described only as quicker. No fee schedule, no minimum or maximum limits and no firm withdrawal timeframe are published, so ask for them in writing before you fund an account.
SIFX trades through its own browser-based client area rather than a named third-party platform. The website does not advertise MetaTrader 4, MetaTrader 5, cTrader or any download for desktop or mobile, and it publishes no platform specifications. If you rely on expert advisors or a specific charting package, confirm compatibility with the broker before depositing.
Pricing is spread-based and improves with the size of your deposit: from 2.5 pips on Silver, from 1.8 pips on Gold and from 1.5 pips on Platinum, with customised pricing on VIP Platinum. The Basic account is described only as having regular spreads, with no figure attached. The broker's FAQ mentions minimal commissions but publishes no per-lot commission rate.
SIFX offers contracts for difference across five market groups: forex currency pairs, shares, indices, commodities and cryptocurrencies. The site does not publish the number of instruments in each group, so the real breadth of the offering cannot be checked before you open an account.
The highest leverage published is 1:400, available on the Platinum and VIP Platinum accounts. The Silver and Gold accounts are listed at up to 1:200. No leverage figure is published for the Basic account. Leverage of this size magnifies losses as well as gains and is not available to retail clients under most onshore regimes.
The entry-level Basic Account starts at USD 500. Higher tiers require substantially more: Silver from USD 5,000, Gold from USD 25,000 and Platinum from USD 75,000. The VIP Platinum tier is arranged by contacting the broker and no figure is published for it.
SIFX is a brand name of FXW Global Ltd, a company limited by shares registered in the Seychelles under number 8434164-1, with its registered office at Second Floor CT House, Unit 7C, Zone 18, Providence, Mahe. The entity is recorded as active and was incorporated on 16 December 2022. The same company also runs the FXW Global brand website.