Every day, new fraudulent projects appear on the market, so when choosing a brokerage firm, we always advise you to be careful. study trading conditions, real customer reviews, check availability of regulations and brokerage licenses. Our new review will focus on siriusfn.com. We recommend that you familiarize yourself with the activity of young brokers and only then make final conclusions.
What is this broker? Company Overview
SiriusFN is a young brokerage company founded in 2018.The broker offers access to Forex trading and promises:
- innovative approach;
- lack of requotes;
- lowest spreads;
- the ability to use a comfortable MT4 trading platform;
- comfortable leverage up to 1: 100;
- transparent transactions.
The first impression of the siriusfn.com site is positive. The design is concise, nothing superfluous. We love it, there is no unnecessary information on the platform, which can sometimes confuse novice traders. For the sake of fairness, we note that some investors point to this as a minus of the broker, even though everyone evaluates the platform only from their experience and knowledge.
SiriusFN is operated by Siriusfn Ltd, registered in Saint Vincent and the Grenadines. The reputation of this place is not very good, because local regulations are quite loyal to financial companies. Because of this, con artists often find gaps in it. Although this doesn't mean that SiriusFN is one of the scams.
The broker has a SVGFSA (Financial Services Authority of St.Vincent and Grenadines) license, which is stated in the client agreement. Its registration number is 24998IBC2018. By the way, in the document you can find the exact address of the head office:
Additionally, a site review indicates that the site indicates a license to work in the European Economic Area. Another detail that caught my eye was the writing at the very bottom of the official SiriusFN website. There is information about the risks of Forex trading. It is normal practice for honest companies that warn of potential loss of funds.
The next section we decided to consider is "About us". Here SiriusFN claims to be trusted by thousands of merchants:
Despite the fact that this platform supports only two languages - Russian and English, this is probably true. This can be a resident of a CIS country (RF, Armenia, Belarus, Kazakhstan, Ukraine, Moldova, etc.). In addition, there are English speaking merchants in almost every country in the world.
Unfortunately, the “News” column which investors often visit has not been updated for six months. True, before that, new articles constantly appeared here, which were also reported by users in their reviews. It is possible that the company is missing a good content manager and is now looking for a replacement.
What about trading conditions?
Representatives of the brokerage organization SiriusFN report that they have global experience in trading. Thanks to him, they can create the best trading conditions for their clients. That:
Traders are offered access to CFDs on indices, metals, stocks, energy resources as well as classic trading of currency pairs. There are three types of accounts on the platform:
- fast transactions;
- several ways to deposit and withdraw money;
- free consultation from expert brokers;
- 24/5 customer-oriented and professional support services;
- a large selection of bonus programs.
- demo account. This will allow you to assess the site's capabilities and strengths on your own without risking your own funds. Trial trading is carried out using virtual assets, and not the client's real savings;
- Islamic Account. Swap-free trading accounts are considered to be compliant with Sharia provisions, which are important for traders adhering to Eastern religious norms;
- real trading account: Basic, Silver, Gold. The company recommends choosing based on the amount of investment capital, experience and trading style. Merchants are secured with the help of a personal manager.
SiriusFN registration overview
The brokerage office promises the fastest and easiest registration for every client. And judging by user reviews, it really is. By clicking on the "Register" button, you need to fill out a short form. Shows:
All that's left is to tick the boxes that you agree to with the terms of registration and use the simplest reCAPTCHA. After that, you can fund your trading account.
- Name and surname;
- Email address;
- Country of residence;
- current mobile number;
- promo code (if any).
Overview of deposit and withdrawal methods
The brokerage office ensures that clients do not have difficulty replenishing balances. To deposit funds to your trading account you can use:
When transferring via international payment systems, funds are credited to the balance instantly, which is reported in reviews by users. The broker does not charge a commission for top ups, but payment systems and banks can collect it. To withdraw funds, you can use the same method as for replenishing the balance. Asset withdrawal requests are processed by the operator during business hours.
- Bank transfer;
- electronic payment system;
- debit card and credit card.
Client agreement. Overview of the main points
The text is in English only. We decided to help you translate the main points:
Here it says that the company has the right to send trading instructions or signals to the client in any way convenient for him. The main task of the user is to correctly interpret these signals.
Clause # 4 states that the broker is not responsible for late order execution. On the one hand, traders are angry with this, but on the other, it becomes clear that the company is trying to be as honest as possible (not everything depends on intermediaries in trading):
In order not to add to the pool of negative reviews about SiriusFN, it is recommended that you familiarize yourself with the terms of the previous SiriusFN client agreement. If something isn't clear or if you have any questions, it's best to contact support. This can be done by email or telephone, which is indicated on the site.
What do they write on the internet? real customer reviews
On the Internet, reviews about the SiriusFN broker are very different (there are positive and negative). It can be seen that the company doesn't clean up comments and doesn't buy reviews to improve its rating. On the plus side, users noted the good work of the technical support service, payment of assets without problems, high quality of service:
What can be said from the survey results?
We are unable to blacklist SiriusFN because we consider it unfair. The broker has recently started working in the market and has not been able to get a good reputation. However, it has potential, which many clients write in reviews. The network also has negative comments about SiriusFN, so while working with this company we recommend that you double-check the information. It is best to start trading with a demo account or with a minimum deposit to test the integrity and reliability of the company.
Advantage Broker SiriusFN
Disadvantage Broker SiriusFN
- Good technical support service response
- free consultation
- new broker (2018), inexperienced
- Small leverage only up to 1: 100