Forex Sync Markets Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.7

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.9

Business 1.2

Risk Control 1.5

Software 2.2

Regulatory 1.7

Terminal Snapshot

Sync Markets Trading Conditions

Registered Region Saint Lucia

Operating Period 1-2 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@sync-fx.com

Contact Number +442080404105

Website sync-fx.com

Balanced Review

Pros & Cons

Pros

Diverse trading instruments including forex, commodities, indices, stocks, and cryptocurrencies
Access to popular trading platforms: MetaTrader 4 and MetaTrader 5
Competitive trading conditions with low spreads
Multiple account types catering to different trader profiles
Customer support available through various channels during business hours

Cons

Not regulated by any recognized financial authority
Potential risks associated with trading with an unregulated broker
Limited educational resources for traders
Withdrawal issues reported by users
High spreads on certain trading instruments

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Sync Markets	Fintrix Markets	Wisdom Financial Service	AvaTrade
Operating Period	1-2 years	See review	See review	See review
Region	Saint Lucia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.7/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Sync Markets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners	Low spreads, user-friendly interface	Suitable for small-capital practice
Premium Account	Experienced traders	Enhanced trading conditions, advanced features	Requires higher trading volume qualifications
Pro Account	Professional traders	Lowest spreads, high leverage	Best for high-frequency trading
Demo Account	New traders	Practice trading environment	Ideal for testing strategies without risk

Account Opening Process

To open an account with Sync Markets, traders need to follow a series of steps. Initially, they must submit personal information, including their name, address, and contact details. Following this, employment and financial information will be required to better understand the trader’s background and trading experience. Identity verification is a crucial step, necessitating the submission of identification documents and proof of address. Additionally, Sync Markets offers account flexibility, allowing clients to upgrade to a professional account as their trading experience and volume evolve.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	0.8	$0	Tight spreads for major pairs
Forex (Minor Pairs)	1.2	$0	Wider spreads for minor pairs
CFDs (Indices)	1.5	$0	Competitive rates on stock indices
CFDs (Commodities)	2.0	$0	Includes gold and oil
Cryptocurrencies	1.0%	0.1%	Variable depending on market conditions

Other Fees

Traders should be aware of several additional costs when trading with Sync Markets. These may include deposit and withdrawal fees, which could vary depending on the payment method chosen. Inactivity fees may apply if an account is dormant for an extended period. There are also platform usage fees that could be incurred depending on the services utilized. Overnight interest, known as swap rates, may be applicable for positions held overnight, and currency conversion fees could apply when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Sync Markets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

New York

★ ★ ★ ★ ★

I’ve been trading with Sync Markets for several months now, and I’ve found their MetaTrader platforms to be quite reliable. The spreads are competitive, and I appreciate the variety of instruments available. Customer support is responsive, though I wish they had more educational resources for beginners.

Emily Johnson

London

★ ★ ★ ★ ★

Sync Markets has been a great experience for me. The account opening process was straightforward, and I was able to start trading quickly. Their platforms are user-friendly, and I’ve enjoyed the flexibility of trading across different asset classes. Overall, a solid choice for traders.

Michael Brown

Sydney

★ ★ ★ ★ ★

I faced significant issues with withdrawals after making a decent profit. It took far too long to process my request, and I felt like I was getting the runaround from customer service. I’m concerned about the lack of regulation, which adds to my worries.

Sarah Davis

Toronto

★ ★ ★ ★ ★

I had a terrible experience with Sync Markets. After depositing funds, I couldn’t withdraw any of my money. Customer support was unhelpful, and I felt misled about the trading conditions. I wouldn’t recommend this broker to anyone.

Saint Lucia Market