Review summary
SIFX, operating under the legal entity FXW Global Ltd, is a forex broker established in the Seychelles with approximately 1–2 years of market presence. It holds a Derivatives Trading License (EP) from the Seychelles Financial Services Authority (FSA, license no. SD157); however, this falls under offshore regulation, meaning the broker is not subject to the strict oversight of major financial authorities like the FCA or ASIC. According to WikiFX data, SIFX receives an overall score of 3.92 out of 10, reflecting notable concerns. Public exposure highlights issues regarding repeated withdrawal rejections, forced trading conditions, and disputed fee structures. The broker offers five account types (Basic, Silver, Gold, Platinum, and VIP Platinum), with minimum deposits starting from $500, maximum leverage up to 1:400, and spreads from 2.5 pips on the Silver account. Trading supports scalping, hedging, and Islamic accounts for select tiers, though specific platform confirmation (MT4/MT5) is not publicly disclosed. Given its offshore regulatory status and the presence of unresolved user complaints, SIFX currently lacks the level of financial oversight that would provide traders with conventional investor protection. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-15)
FX2099281591
Mexico
So you can see the PHOTOS and get an idea of the Company SIFX SIMPLE INVESTMENT... THREE MONTHS WITH 12 REJECTIONS OF MY WITHDRAWAL. AND BECAUSE: I HAVE A CREDIT THAT I DIDN'T USE, NO MORE INVESTMENTS (THIS IS HOW THEY CHARGE YOU) $26.40 AND THEY CHARGED ME $94.80 05/11/25 $40.00 CHARGES $26.20 OTHERS. How is one supposed to keep investing like this?
Exposure
FX2099281591
Mexico
I don't know if this is normal on the platforms... but here in a certain way I was forced to make 6 trades and I was reduced to continuing with their manipulation. In order to achieve releasing my capital. the first three (the ones below) charged a high exchange as their platform says. but okay. then I made one, closed in red to mark. then they make me invest again and I had: profit in trades 50.00, 70.50 and 87.06, but again the exchange charged from that application 55.22, 71.86 and 82.52. when I saw this,,,,, I refused to continue making movements in the account. that instead of having been reflected in the balance. so it remained: $1,651.22 profits: $209.60 charges: $207.56 another charge: $2.04 Here I had PROFIT and in the end I ended up with a loss.
Exposure
FX2099281591
Mexico
Once again, because I have a loan granted by them. They won't let me WITHDRAW MY MONEY. $11,651.22 USD.
Exposure
FX2099281591
Mexico
They have been REQUESTED TO WITHDRAW, payments for HOSPITALIZATION AND MEDICAL EXPENSES. AND WE HAVE NOT BEEN ABLE TO GET ANYONE TO RESPOND OR RELEASE THE $1,651.22 USD.
Exposure
FX2099281591
Mexico
They pressure with very smooth talk, promise security in your investments, and after you make the deposit, they refuse, don't respond, don't want to provide any responsible party, cancel your withdrawal requests with silly excuses. They ask you to (literally) 'burn' your credit or bonus to release your capital. I have copies of conversations and withdrawal/deposit requests. Unanswered WhatsApp chats.
Exposure