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The WikiFX Score of this broker is reduced because of too many complaints!

SANDWIND

Australia|2-5 years|
MT5 Full License|Regional Brokers|Australia Appointed Representative(AR) Revoked|High potential risk|

https://sandwindbx.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
SandWindGlobal-Demo MT5
Server Location Japan

Contact

https://sandwindbx.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

Open Now

Disclosure

Danger

ID BAPPEBTI
2022-02-02

Contact number

Broker Information

More

Company Name

SANDWIND GLOBAL LTD

Company Abbreviation

SANDWIND

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-07-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • AustraliaASIC (license number: 001292352) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

SANDWIND · WikiFX Survey

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Pyramid scheme complaint
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    SANDWIND · Company Summary

    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.

    User Reviews

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    3

    Comments

    Write a review

    FX1320962681
    more than one year
    Scam.... happened to me...I advise please don’t open any account or invest.....I deposit 100USD, and suddenly they Close my account after that, I received a mail, and I lost my all Money..... Please....don’t open...scam.
    2023-03-02 13:50
    Reply
    0
    0
    Hachikō Fx
    more than one year
    scam broker ..
    2022-10-14 08:19
    Reply
    0
    0
    SEBASTIAN OFFICIAL LING TIEN KUNG
    more than one year
    this is sunton
    2022-09-27 10:12
    Reply
    0
    0
    9
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    United States
    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com