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Do You Want to Know If SanderFX Is Legitimate or a Scam?
SanderFX is an unregulated broker that claims to offer forex and CFD trading. It says it has 10 million traders worldwide. However, this doesn’t seem to be true. SanderFX has made multiple untrue statements about its licensing. This is an unregulated and unreliable broker and we urge you to stay away.
There Are Some Problems with SanderFX
SanderFX talks a big game about licensing. It falsely claims to have licenses from top tier brokers in the UK and Cyprus–the FCA and CySec. In reality, it doesn’t hold these licenses. In addition, SanderFX says it holds a license from St. Vincent and the Grenadines and St. Lucia. Even though these are third tier licenses anyone could obtain, it isn’t even licensed by these sub-par entities. Additionally, the company that supposedly runs it, Gembell Limited, is also fake. We are exhausted by this deception and you should be too.
Red Flags that SanderFX Could Be a Scam Broker
- No license
- Many misleading statements about licensing
- Bad reviews
- No contact information
If You Need Fund Recovery from SanderFX, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with SanderFX. close it and request a withdrawal. If you are not given your money back, contact the Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.