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/10

SatoshiFX

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.satoshifx.com/

Website

Rating Index

Contact

+44 20 38075111
https://www.satoshifx.com/
Suite 305, Griffith corporate centre, Beachmont, Kingstown, St Vincent and the Grenadines.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
Satoshi FX LLC
Customer Service Email Address
info@satoshifx.com
Contact Number
+442038075111
Website
Genealogy
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Company Summary
Wiki Q&A
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Official Website

Website

  • satoshifx.com
    104.26.8.236
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
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SatoshiFX

Related Companies

SATOSHIFX LLC
Saint Vincent and the Grenadines
SATOSHIFX LLC
Active
Saint Vincent and the Grenadines
Registration No.2022-001089524
Established
Related sourcesWebsite Announcement

Company Profile

Company Profile

Review summary

General Information & Regulation

General Information & Regulation

Satoshi FX, a trading name of Satoshi FX LLC, presents itself as a company established in 2021 and registered in Saint Vincent and the Grenadines that focuses on cryptocurrency trading. It claims to provide its clients with flexible leverage up to 1:500 and floating spreads from 0.2 pips on the MT5 trading platform, as well as a choice of two different live account types and 24/5 multilingual customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that Satoshi FX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.15/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Satoshi FX advertises that it mainly offers trading in cryptocurrencies and CFDs.

Account Types

Apart from demo accounts with $10,000 virtual credit, Satoshi FX claims to offer two types of trading accounts - STF MT5 Silver and STF MT5 Gold with minimum initial deposit requirements of $10,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Account Types
Account Types

Leverage

The leverage offered by Satoshi FX is flexible between 1:25 and 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Satoshi FX claims that the spread and commission differ depending on account types. For instance, clients on the STF MT5 Silver account have spread from 0.8 pips with X commission, while the STF MT5 Gold account holders can enjoy the tighter spread from 0.2 pips but have to pay a commission of $7 per lot.

Trading Platform Available

Platforms available for trading at Satoshi FX are MT5 for desktop, Webtrader, iOS and Android. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading Platform Available
Trading Platform Available
Trading Platform Available

Deposit & Withdrawal

Satoshi FX says to offer a wide range of deposit methods including credit cards, bank transfers, Sofortüberweisung, Skrill, and many more. The minimum initial deposit requirement is said to be as high as $10,000. There are no maximum limits on deposits or withdrawals, but note that you can not withdraw more than your account balance.

The brokers website states that withdrawals are processed free of charge. Any bank wire withdrawals under €100 and any other withdrawals amounting to €20 or less will be applied a €10 fee. For bank wire international payments, the minimum withdrawal amount is €50 after the deduction of the €10 basic fee. For SEPA transfers there is a minimum withdrawal amount of €5 after the deduction of the €10 basic fee.

Deposit & Withdrawal

Customer Support

Satoshi FXs customer support can be reached by telephone: +44 20 38075111, +971 4 4322209, email: info@satoshifx.com. You can also follow this broker on social networks such as Telegram, Twitter, Facebook, Instagram and LinkedIn. Company address: Suite 305, Griffith corporate centre, Beachmont, Kingstown, St Vincent and the Grenadines.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is it risky to trade with SatoshiFX?

Yes, trading with SatoshiFX presents significant and inherent risks that prospective clients must carefully consider. The entity lacks any form of credible financial regulation, operates in a jurisdiction that does not supervise forex brokers, and holds a proprietary risk score of 1.47, reflecting a critically weak profile. There is no external oversight to ensure fair trading, protect client funds through segregation rules, or provide a formal dispute resolution avenue.

Three days ago
United States

Which regulator oversees SatoshiFX?

SatoshiFX is not overseen by any recognized financial regulatory authority. As an unregistered entity operating from Saint Vincent and the Grenadines, it functions without a license from major regulators such as the FCA, ASIC, CySEC, or their peers. This complete absence of authoritative oversight is a fundamental factor in the firm's high-risk assessment.

Three days ago
United States

Where is SatoshiFX registered?

The firm is registered as Satoshi FX LLC in Saint Vincent and the Grenadines. This jurisdiction is known for its corporate registration services but does not license, regulate, or supervise forex and CFD brokers, meaning the registration confers no investor protection or regulatory compliance obligations for financial services.

Three days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Three days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Three days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Three days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Three days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Three days ago
United States
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