Score
Sander FX
https://www.sanderfx.com/
Website
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Forex License
No forex trading license found. Please be aware of the risks.
- This broker lacks valid forex regulation. Please be aware of the risk!
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Verified Site
sanderfx.com
198.54.121.237Server LocationUnited States
ICP Registration No.--Top Visitor Locations--Creation Date--Website Name--Company--
Company Profile
Company Profile
Review summary
Note: Sander FX's official website: https://www.sanderfx.com/ is currently inaccessible normally.
| Sander FXReview Summary | |
| Founded | 2017 |
| Registered Country/Region | Saint Lucia |
| Regulation | Not regulated |
| Market Instruments | Forex, Stocks, Shares and Commodities |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | Webtrader |
| Min Deposit | $1 000 |
| Customer Support | Tel: +1 9163042667 |
| Address: C/O LC02 503, Choc Bay, Castries, Saint Lucia | |
Incorporated in 2017, Sander FX is forex broker registered in Saint Lucia, operated by a company called Sander FX LTD, which has registration in Saint Vincent and the Grenadines and Saint Lucia.
Sander FX is not authorized or regulated by any regulatory authorities to conduct forex and CFD-related financial services.

Pros and Cons
| Pros | Cons |
| None | Inaccessible website |
| No regulation | |
| Limited info on trading conditions | |
| High minimum deposit | |
| No MT4 or MT5 trading platform |
Is Sander FX Legit?
No, Sander FX operates without regulation. The UKs Financial Conduct Authority (FCA) also issues warnings on this broker. It is not supervised by any financial authorities. Traders should be cautious when choosing brokers.

What Can I Trade on Sander FX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Shares | ✔ |
| Commodities | ✔ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account
The minimum deposit to open a live account is at least $1,000, which is absurdly high. Many legit forex brokers only ask for a low initial deposit of $100 or even less.
Requiring a high initial deposit is just like extracting investors' available funds at the very beginning and then running away.
Trading Platform
Sander FX says it offers a web application for any devices. After registering an account, we only get access to a poor limitation of a trading platform. The Client portal has a simple chart with the price of Bitcoin.
| Trading Platform | Supported | Available Devices | Suitable for |
| Webtrader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Sander FX claims it has over 50 payment methods. It can deposit through several cryptocurrencies, cards likeVisa and MasterCardand the e-wallets PayPal, Skrill,and PerfectMoney. However, the e-wallet will not be available if it is selected.
Please note that scammers typically prefer to use cryptocurrencies exclusively, because these transactions are difficult to trace and do not follow for refunds.
Company Profile
- 2-5 years
- Questionable Regulatory License
- Suspicious Operational Region
- High Potential Risk
Wiki Q&A
Is Sander FX safe and reliable?
Sander FX has a low WikiFX score of 1.49, indicating significant concerns. It is not regulated by any recognized financial authority, which means it lacks the oversight that provides basic investor protections. Therefore, its safety and reliability are highly questionable.
Is Sander FX regulated?
No, Sander FX is not regulated. According to WikiFX assessment, it holds no valid forex trading licenses from any authoritative regulatory body. Its registration in Saint Lucia does not imply financial regulation.
What is the minimum deposit of Sander FX?
The minimum deposit for Sander FX is not publicly disclosed. WikiFX data does not provide this information.
Does Sander FX support MT4 or MT5?
It is not publicly confirmed whether Sander FX supports MT4 or MT5. The trading platforms available are not listed.
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