IsandisoFX is a forex broker established in South Africa, mainly providing trading services in forex, metals, commodities, and indices to investors, with the official website supporting English as the language of use. Additionally, the account registration page on the IsandisoFX official website supports both Simplified Chinese and English.
Corporate Background:
According to information on the IsandisoFX official website, the company is registered in South Africa, but this registration information cannot be confirmed or verified on related websites of the South African government departments. Furthermore, the domain registration information obtained through Whois search indicates that the official website domain was registered on August 10, 2023, and the domain has been registered for less than a year.
Account Registration:
The IsandisoFX official website offers a link for the registration of a real account for investors. The procedure to register a real account is as follows: click "Get Started" in the top right corner of the IsandisoFX official website, or "Open A Real Account" on the homepage. After entering the account registration page, complete registration by selecting or filling in your name, country, phone number, email, password, uploading identification documents, etc. The account registration page on the IsandisoFX official website supports Simplified Chinese and English. However, there is no registration link for a demo account on the IsandisoFX website.
Account Types:
Information on the IsandisoFX official website shows that the company offers three different types of trading accounts: Mini, Standard, and Managed. The website also presents the differences in spreads across these three types of trading accounts.
Trading Products:
The IsandisoFX official website informs that the company provides trading services in forex, metals, commodities, and indices. In addition, IsandisoFX offers information about specific trading products covered in forex, metals, commodities, and indices as well as details on their spreads and overnight interest. However, the website does not provide information regarding commissions, minimum trading units, or maximum trading units for these specific trading products.
Leverage:
IsandisoFX provides the maximum margin (leverage) ratios achievable by different account types under the "Account Types" section on its website. Additionally, the website displays margin (leverage) ratio information for specific trading products covered in forex, metals, commodities, and indices.
Trading Hours:
The IsandisoFX official website does not provide information on trading hours for the specific trading products covered in forex, metals, commodities, and indices.
Deposit and Withdrawal:
Although the IsandisoFX website indicates that the company offers banking transfers, VISA, OZOW, Skrill, Neteller, and other channels and methods for deposit and withdrawal, it does not furnish information regarding currencies, fees, or timings related to different deposit and withdrawal methods.
Trading Software:
The IsandisoFX website provides information that the company offers the MetaTrader5 (MT5) trading platform. The MT5 software provided by IsandisoFX supports desktop versions (Windows/MacOS), web version, and mobile versions (iOS/Android). However, Android versions of MT4 and MT5 may have issues with downloading or slow download speeds in certain countries or regions.
Regulatory Information:
According to the IsandisoFX website, the company is regulated or authorized by the South African Financial Sector Conduct Authority (FSCA). Search results from the FSCA's website affirm that the company's regulatory or authorization information with the FSCA in South Africa is genuine.
Summary:
IsandisoFX is a regulated broker. Although the company's registration information displayed on the IsandisoFX official website cannot be confirmed or verified through the South African government department's related websites, the results from the Financial Sector Conduct Authority (FSCA) website of South Africa indicate that the company's regulatory or authorization information is authentic. Hence, IsandisoFX is deemed to be a legitimately operating brokerage. TraderKnows reminds you to be vigilant for your property's safety and avoid falling into fraudulent schemes.
