As scam brokers are appearing on a daily basis and are soon revealed they need to catch the attention of as many traders as possible until their scam is unveiled. Therefore, one can see a lot of misleading information and claims on the webpages of the scam brokerages. SinoSoft FX is one of them, unfortunately for the broker itself, it is leading a very unsophisticated scam scheme that can be revealed very easily. SinoSoft FX Forex brokerage has been established just previous year, in 2018. Since then, the broker offers Forex and CFDs trading to the worldwide audience of the traders. The features and trading conditions of the broker look neither bad and neither good, but average. The minimum deposit with the broker is 100 USD, traders can trade currency pairs, CFDs on cryptos, commodities, and indices and use leverage up to 1:300. The broker offers several payment methods and promises fast withdrawal without any commissions. But as you could already guess, the promises that the broker makes are not delivered. Make sure to read this detailed SinoSoft FX review to see how the broker is luring the customers.
Leverage: 1:300 Licences: N/A
Min. Deposit: 100 USD Bonus: 20% No deposit bonus
Spreads: from 1.6 pips US Clients: No
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