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SinosoftFX review

SinosoftFX review: regulation (No), minimum deposit 100, leverage up to 1:300, platforms and current bonuses.

Minimum deposit100
Max. leverage1:300
Spread from0.6 pips
Founded2018

Trading conditions

Broker type
STP/ECN
Minimum deposit
100
Maximum leverage
1:300
Minimum spread
0.6 pips
Platforms
MT5 for PC, MT5 for Android, MT5 for iOS
Account currencies
USD,EUR,GBP

Bonuses

No deposit bonus
Yes
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.
Withdrawal methods
Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.

Company

Regulation
No
Founded
2018
Country
Dubai
Address
108 first floor Atrium Center Bur Dubai.
Website languages
English
Phone
+971-523567495
Email or Skype
[email protected]

SinosoftFX pros and cons

Pros

  • Regulated by No
  • Low minimum deposit: 100
  • Raw spreads from 0.6 pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account

Cons

  • Conditions and bonuses can differ by regulated entity

SinosoftFX FAQ

Is SinosoftFX a safe and regulated broker?

SinosoftFX was founded in 2018 and is regulated by No. Client funds are held in segregated accounts. Your protection depends on which SinosoftFX entity opens your account.

What is the minimum deposit at SinosoftFX?

The minimum deposit at SinosoftFX is 100. Payment providers may set their own minimum amount.

What is the maximum leverage at SinosoftFX?

SinosoftFX offers leverage up to 1:300. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does SinosoftFX offer a no deposit bonus?

Yes. SinosoftFX offers a no deposit bonus. Bonus terms change often, so confirm them on the broker's website.

Which trading platforms does SinosoftFX offer?

SinosoftFX supports MT5 for PC, MT5 for Android, MT5 for iOS. Mobile trading is available.

Does SinosoftFX allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does SinosoftFX offer an Islamic (swap-free) account?

Yes. SinosoftFX offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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SinosoftFX – YesOpen account