Sallix Capital Review – Is The Risk Really Worth It?
Sallix Capital Review – Is The Risk Really Worth It?

Sallix Capital is a broker coming from St.Vincent and Grenadines. With their operations in the financial market, they presented themselves as the trusted broker. But we all know what offshore countries are used for. However, we won’t jump to conclusions. We have analyzed all the facts about this broker.

Now, without any doubts, you can find in this Sallix Capital review if you can trust this broker or not.

Broker status: Unregulated Broker
Regulated by: Unlicensed Scam Brokerage
Scammers Websites: Sallixcapital.com
Blacklisted as a Scam by: N/A
Owned by: Sallix Capital Investment Management LLC
Headquarters Country: St. Vincent And Grenadines
Foundation year: 2022
Supported Platforms: Proprietary platform
Minimum Deposit: N/A
Cryptocurrencies: Yes – BTC, ETH, XRP
Types of Assets: Forex, Commodities, Indices, Shares, Cryptos
Maximum Leverage: 1:400
Free Demo Account: No
Accepts US clients: No

Sallix Capital Is A Scam Forex Broker?

Any company that doesn’t have regulation, doesn’t have monitoring as well. So, they can do whatever they want. Sallix Capital brought these skills to another level. They openly claim not to be regulated. They can’t be regulated by the FSA of SVG because they don’t issue licenses.

But also none of the trusted Tier 1 regulators issued a license to this company. Starting with FCA and BaFin to ASIC. However, they claim to do business according to those and similar regulations. But you can’t find that out unless you test it out. Luckily, we are here to reveal all their dirty tricks.

No regulation and no transparency. Sallix Capital has numerous negative reviews. Untrusted trading platform. Extremely high leverage. No demo account is available

The Opinions of Traders On about Sallix Capital

We are wondering how they don’t have already a warning. But with so many negative reviews, it’s expected to be seen soon.

In fact, on Trustpilot, there are 43 reviews. Almost 50% of those were 1-star-rated comments. Most of them telling the same thing. That this broker is a scam and they don’t allow withdrawals.

Trading Platform and Other Apps on Sallix Capital

Trading Platform and Other Apps on Sallix Capital

As for the platform, Sallix Capital trading company advertises award-winning software. They guarantee the fastest execution, 1000 and more assets and many more basic features.

But if you were looking for advanced EAs or copy trading, you can forget it. Not to mention the lack of algorithmic trading options and advanced indicators. Thus, Meta Trader and cTrader have those options.

What Financial Instruments Does The Platform Include?

Sallix Capital broker covers all 5 main trading categories. But, the transparency of the platform is questionable. Anyway, you can choose between:

  • Forex (Currency pairs)           EUR/SEK, CHF/HUF, AUD/HKD
  • Commodities                        gold, crude oil, natural gas
  • Indices                                  DAX 30, Nikkei 225, Dow Jones
  • Shares                                  General Motors, Walt Disney, Amazon
  • Cryptocurrencies                   DASH, USDT, TET

Important to realize is that all these assets are available as well with Tier 1 regulated brokers. But the difference comes from higher security and transparency.

Sallix Capital Countries Of Service

As we can see from Sallix Capital reviews, they don’t have many limitations. They are mainly scamming traders from:

  • United Kingdom
  • Netherlands
  • Sweden
  • Germany
  • France

Firstly, the UK requires an FCA license or TPR. Not to mention the strict Germany BaFin. With all this in mind, you can’t trust that this broker does anything legit.

Sallix Capital List of Account Types

Another key point with every broker is an account-type offer. With Sallix Capital scam broker, you don’t have a transparent minimum deposit. Which leaves them room to pressure you for higher deposits.

As for the benefits, traders get higher leverage, way out of EU regulations limit. Additionally, traders get more sessions with analysts and managed sessions. But for the managed session they should have a license. Practically, nothing that is really benefiting the trader. So, you can choose from:

  • Standard
  • Advanced
  • Platinum
  • Expert
  • VIP

Can a Trader Use a Demo Account?

Besides live accounts, traders don’t have any other option. Especially not a risk-free option with a demo account. Or at least a micro account.

Instead, you can find a Tier 1 licensed company that offers both options.

Terms of Service for Sallix Capital

Important to realize is that the Sallix Capital scam broker offers a deposit bonus. Yet, they claim to do everything according to regulation. But if they do, they wouldn’t have this option. However, the withdrawal is not permissible unless a volume of 1 lot of the bonus is achieved.  As for the funding methods, the broker remains anonymous.

In fact, as with anything else. Generally speaking, legitimate brokers transparently provide information about payment options and fees. But Sallix Capital scam broker doesn’t. They require you to contact your account manager for funding options. Where they have the option to pressure you for more money. Or even to force you into risky transfers –like crypto. Withdrawal processing time is 5 business days.

Leverage, Spreads and Fees

Another fact that doesn’t go in their favor is leverage. The maximum allowed according to any EU regulation is 1:30. But this broker provides 1:400.  Additionally, spreads advertised start from 0.3 pips. But that’s also a marketing trick. Whereas in reality, you get a much higher spread.

Last, but not least are their fees. They don’t provide any commission or fee information. Yet, through any Sallix Capital review, we can see there are withdrawal fees. The broker uses this cheesy tactic to extort the last penny from its clients. Don’t fall for these dirty tricks.

Scammed by a Sallix Capital Broker? – We Want To Hear Your Story

Firstly, let us know more about your experience with this broker. Since they don’t have a regulator, we must warn the regulator about them. Especially FCA and BaFin. Which are the strictest among their operating countries.

Secondly, you can start a fund recovery process. Our expert team can advise you on the procedure and what’s the fastest way t get your money back. But most likely you will have two options. Chargeback or CipherTrace software for crypto transactions.

What Is the Chargeback Procedure?

In the case that you have used a debit/credit card, you can file a chargeback. But only within the first 18 months of the transaction. That’s why it’s important to act quickly until it’s not too late.

Our specialized team is there to assist you every step of the way. Contact us today and book your first consultation for free.

What Is Sallix Capital?

Sallix Capital broker offers trading services since 2022 from St. Vincent and Grenadines.

Is Sallix Capital a Scam Broker?

Yes. They don’t have any licenses, but they claim to work according to regulations.

Is Sallix Capital Available in the United States or the UK?

Sallix Capital broker scams traders from the UK. But US citizens are safe.

Does Sallix Capital Offer a Demo Account?

No. You can’t trade with virtual funds, but only with real funds on live accounts.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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