sedxltd.com is an online contract for difference (CFD) trading platform established in October 2024, branded as "SEDX." The platform offers investors CFD trading services for various assets, including forex, precious metals, crude oil, indices, and cryptocurrencies, but does not provide services to regions where it would violate local laws and regulations.
Platform Service Overview
Trading Accounts
The platform offers trading accounts with spreads starting from 1 pip and leverage up to 1:100. However, it does not provide detailed information on minimum deposits, margin calls, or stop-out levels, nor does it specify trading commissions and other fees.
Trading Platform
sedxltd.com supports the use of the ST5 trading platform, compatible with both desktop and mobile devices. The ST5 platform is equipped with advanced charting tools, more than 50 built-in technical indicators, and provides intraday analysis tools.
However, after clicking on the mobile app download links provided on the official website, the app names found in the App Store and Google Play Store are ACMJ and RTHYUTG, which are inconsistent with the promoted ST5 platform.
Trading Product Information
Forex Trading
The platform offers trading services for a variety of forex currency pairs, including major pairs such as EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
Precious Metals Trading
Users can trade spot precious metals, including gold (XAUUSD) and silver (XAGUSD).
Crude Oil Trading
The platform offers CFD trading for US crude oil (UsOIL).
Indices Trading
Trading covers major global stock indices, including the Nikkei 225 (N225), German DAX (GER30), and S&P 500 (US500).
Cryptocurrency Trading
Provides trading services for major cryptocurrency pairs, such as Bitcoin (BTC/USD), Ethereum (ETH/USD), and Ripple (XRP/USD).
Deposit and Withdrawal Methods
Ironvfx.com does not disclose the supported deposit and withdrawal methods on its website, nor does it clarify whether there are additional fees during the process of depositing or withdrawing funds. This lack of transparency may inconvenience users.
Contact Information and Social Media
The platform does not provide official communication channels on mainstream social media such as Facebook, Instagram, and Twitter. Users can only contact the platform through the online contact form or email provided on the official website.
Company Background and Regulatory Information
Company Background
According to information provided by sedxltd.com, SEDX is headquartered in Denver, Colorado, United States, at 1430 Stout St. However, the website does not provide any detailed company registration information, nor does it mention whether it is regulated by any financial regulatory body.
Regulatory Information
A search of the FINRA (Financial Industry Regulatory Authority) website in the United States did not find a registered company named "SEDX."
Conclusion
sedxltd.com is a new CFD trading platform established in 2024, but it does not provide any company registration or regulatory information to prove its legitimacy, nor could regulatory information for this broker be found.
Risk Warning
CFD trading is a high-risk investment approach, and market volatility may lead to a loss of investors' principal. Leveraged trading amplifies the risks and potential rewards. It is advisable for investors to fully understand the market volatility and CFD trading mechanisms, assess their own risk tolerance, and have sufficient experience before engaging in trading to avoid reckless investing.
