Score
SCEX
Bahamas|Within 1 year| https://toscex.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
Other ways of contact
Broker Information
More
SCEX Markets Limited
SCEX
Bahamas
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | -- |
| Minimum Spread | 1.1 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | (9+) Neteller Skrill Bank transfer MASTER |
| Withdrawal Method | (9+) MASTER Skrill Neteller Bank transfer |
| Commission | $0 |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | -- |
| Minimum Spread | 0.0 - 0.3 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | (9+) Bank transfer MASTER VISA Neteller |
| Withdrawal Method | (9+) Skrill Neteller Bank transfer VISA |
| Commission | From 7 AUD per 100,000 bilateral transactions |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
Users who viewed SCEX also viewed..
XM
GTCFX
IC Markets Global
STARTRADER
SCEX · Company Summary
SCEX Information
SCEXS was founded in Melbourne, Australia in 2023. It offers over 800 tradable instruments including Forex, Index CFD, Commodities and Cryptocurrency, with competitive trading fees. However, the lack of regulation is a major concern, which makes it risky. And only email support is provided, the lack of telephone and online customer service will affect the efficiency of problem solving.
Pros and Cons
| Pros | Cons |
| Over 800 tradable instruments | Lack of Regulation |
| The minimum spread and commission is 0 | Only email support is provided, lack of telephone and online customer serivice |
| Provide three platforms of MT4, MT5 and cTrader | AUD 20 is needed for International wire transfer (TT) |
| 24/7 Customer Support in multiple languages |
Is SCEX Legit?
SCEX is not regulated by any regulatory authorities. Although it claims to be regulated by ASIC and FCA, its regulatory information cannot be found on the websites of ASIC and FCA, and it has not been regulated by other well-known regulatory authorities.
What Can I Trade on SCEX?
SCEX seize various market opportunities with more than 800 tradable financial instruments, including Forex, Index CFD, Commodities and Cryptocurrency.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Shares | ❌ |
| Metals | ❌ |
| Commodities | ✔ |
| ETFs | ❌ |
| Crypto | ✔ |
| Bonds | ❌ |
| Futures | ❌ |
Account Type
SCEX provides two account types for users to choose from.
The Standard account is a good option for beginners or those who prefer a long-term trading approach. It offers competitive spreads without any commission fees.
Designed for more experienced traders, the SCEXS 0.0 account provides institutional-grade spreads as low as 0.0 pips. While there is a commission fee of 7 Australian dollars per lot, this account is ideal for scalpers or algorithmic traders who require extremely tight spreads to execute their strategies effectively.
SCEX Fees
SCEX's trading fees can be considered competitive compared to many other brokers in the industry
Trading Fees
SCEX's account design takes into account the needs of different investors. The standard account commission is zero and the spread is competitive; the SCEXS 0.0 account spread is extremely low, only 0.0 points, but a commission of 7 Australian dollars per lot is required.
Swap Rates
The swap rates were published weekly, which are calculated based on risk management analysis and market conditions. Each currency pair has its own swap rate, with a standard size of 1.0 lots (100,000 base units).
SCEX also charges an overnight interest fee for holding positions overnight in stock index CFDs, stock CFDs, and commodities. This fee is based on the regional benchmark rate plus (or minus) a fixed fee of 2.5%.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for which type of traders |
| MT4 | ✔ |
| Traders who are new to the market or who prefer a simpler platform. |
| MT5 | ✔ |
| Traders who are looking for a more advanced platform with more features. |
| cTrader | ✔ |
| Traders who are looking for a fast and efficient platform with a focus on technology. |
Deposit and Withdrawal
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Credit cards: Visa and MasterCard | / | No | / |
| Online wallet options: POLi, BPay, PayPal, Neteller, Skrill, and Union Pay | / | No | / |
| Bank transfers: Local (BPay) and International (TT) | / | International wire transfer (TT) fees: AUD 20 | / |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Credit cards: Visa and MasterCard | / | No | Withdrawals requested before 21:00 GMT will be processed the next day, while those received before 07:00 AEST will be processed on the same day. |
| Online wallet options: POLi, BPay, PayPal, Neteller, Skrill, and Union Pay | / | No | Withdrawals requested before 21:00 GMT will be processed the next day, while those received before 07:00 AEST will be processed on the same day. |
| Bank transfers: Local (BPay) and International (TT) | / | International wire transfer (TT) fees: AUD 20 | 3-5 business days |
Customer Service
SCEX offers limited customer support options. While SCEX boasts 24/7 email support and support in multiple languages, the lack of phone or live chat is inconvenient for some traders who prefer faster or more direct methods of contacting customer service.
| Contact Options | Details |
| Phone | None |
| support@scexus.com | |
| Support Ticket System | None |
| Online Chat | None |
| Social Media | None |
| Supported Language | Simplified Chinese, Traditional Chinese, English, French, German, Italian, Korean, Japanese, Romanian, Spanish, Turkish, Portuguese, Greek |
| Website Language | Simplified Chinese, Traditional Chinese, English, French, German, Italian, Korean, Japanese, Romanian, Spanish, Turkish, Portuguese, Greek |
| Physical Address | None |
| Contact Form | None |
The Bottom Line
SCEX offers more than 800 trading instruments, and the biggest advantage is the 0 spread of its SCEXS 0.0 account and zero commission of its standard account. However, a major disadvantage is the lack of regulation and only provides email support. SCEX will be more suitable for experienced traders who can easily manage their own risks and prioritize low transaction costs.
FAQs
Is SCEX a safe platform to use?
Because SCEX is not regulated by any major financial agencies, using it carries some risk.
Who is SCEX a good fit for?
SCEX can be suitable for experienced traders who are comfortable managing their own risk and prioritize low trading costs.
Is SCEX right for beginners?
Due to the lack of regulation and limited customer support, SCEX might not be the best choice for beginners who need more protection and readily available assistance.
Review 1
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now