As stated on the official website, the international intermediary headquartered in the Marshall Islands has been operating since 2020. In addition, the company presents impressive statistics: monthly turnover of more than 3 billion USD, 2 offices in different jurisdictions, and more than 72% of profitable transactions. Despite these figures, the firm does not show its statements, copies of state regulators’ licenses, or links to them.

Is this project reliable? In our review of Strifor’s legal documents and the opportunities this broker offers, we will take a detailed look.

How to Trade

Users can work on the MT5 platform not only with Forex, but also with metals, cryptocurrency, and other assets. The company refers to its advantages as:

  • 4 trading plans, including an Islamic account.
  • 1:500 leverage and low spreads.
  • Annual income of 18% on account balance.

The firm offers clients a partnership program with income up to 60% of the referral deposit and sub-partnership (up to 100%). Besides, you can use bonuses, trading signals and take part in prize promotions.

Deposits/withdrawals are carried out mainly through cryptocurrency. The broker offers its own e-wallet, but it is not functional in many countries.

The latest trading statistics of the platform is located in the News section. Financial overviews are available on the Blog tab and in the Telegram channel.

Strifor Vital Info

The owners of the platform hide their names and team members, which is not typical for a brokerage company. Meanwhile, the duration of the project is also important for a financial organization. According to information on the website, the project was created in 2020 as a b2b service, and in January 2022 it began serving private clients. Note that the domain was registered in November 2021, which generally corresponds to the hero of our review’s own version of the story.

We checked the register of companies registered in Marshall Islands and did not find Strifor Ltd. under the number 119264. We note that as evidence of regulation of brokerage activities on the website of this company only a certificate of the private organization “Financial Commission” is presented and there are no copies of licenses from state regulators or references to them. Thus, there is no clarity regarding registration and licensing of this broker.

FAQ

What are the key facts about Strifor?

Information about the brand registration number and legal address is not confirmed. The website contains a copy of the certificate dated March 14, 2024 from the private organization “Financial Commission”, but there is no permission from the official regulator for brokerage activities. Moreover, the Marshall Islands Registry showed that Strifor Ltd was canceled on April 23, 2024.

What's the risk to my wallet when working with this broker?

The unregulated status and undocumented registration of a legal entity pose a risk to clients' investments. In addition, high leverage, cryptocurrency payment transactions, and promises of fixed passive income increase the risk of losing your funds by up to 100%.

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