SEA GLOBAL

According to WikiFX data, SEA GLOBAL holds a regulatory license from the Financial Services Regulatory Authority (FSRA) of Saint Lucia, a recognized but offshore regulator. The broker has a WikiFX overall score of 4.33 out of 5, indicating a moderate level of reliability. However, offshore regulation may offer less investor protection compared to top-tier authorities. Additionally, user complaints about withdrawal refusal and account suspension have been recorded, which adds to the risk profile. Traders should conduct their own due diligence.

Yes, SEA GLOBAL is regulated. It holds a Forex License (Legal Opinion) from the Financial Services Regulatory Authority (FSRA) of Saint Lucia under license number 2025-00352. The regulatory status is listed as 'Regulated.'

The minimum deposit varies by account type: $100 for the Plus account, $500 for the Standard account, and $1,000 for the Pro account.

SEA GLOBAL supports the MetaTrader 5 (MT5) platform with a full license. The average execution speed is 115.25 ms. MT4 is not offered.

Pros: 1. Regulated by the FSRA of Saint Lucia, providing a legal framework. 2. Offers three account types with low entry barriers (minimum deposit from $100) and high leverage up to 1:1000. 3. Supports scalping, hedging, and Expert Advisors on the MT5 platform. Cons: 1. Offshore regulation may offer limited investor protection compared to major regulators. 2. User reports indicate issues with withdrawal processing and account suspension. 3. Spreads are relatively wide, starting from 20 pips on the Pro account and 30 pips on the Plus account.

Yes, according to WikiFX public exposure records, there is a user complaint alleging that the broker refused a withdrawal request and subsequently closed the user's MT5 account. A separate positive review mentions low margins and smooth deposits/withdrawals. Overall, the negative exposure warrants attention.

SEA GLOBAL is not regulated by major US authorities such as the SEC or CFTC. It is registered in Saint Lucia and primarily serves regional brokers. Due to legal restrictions, it is unlikely to be available for US residents. Traders should verify with the broker's terms and conditions.

SEA GLOBAL offers a low minimum deposit of $100 for the Plus account, which is beginner-friendly. The MT5 platform is widely used and offers demo account capabilities. However, the high leverage (up to 1:1000) can amplify risks for inexperienced traders. Additionally, the offshore regulatory framework and presence of user complaints suggest that beginners should exercise caution and consider brokers with stronger regulation and educational resources.

SEA GLOBAL's spreads are relatively high compared to industry standards. The Plus account has spreads from 30 pips, Standard from 25 pips, and Pro from 20 pips. No commission is charged. These spreads are significantly wider than those offered by ECN or low-spread brokers, which can increase trading costs, especially for active traders.

SEA GLOBAL offers three account types: Plus (minimum deposit $100, leverage 1:500, spread from 30 pips), Standard (minimum deposit $500, leverage 1:1000, spread 25 pips), and Pro (minimum deposit $1,000, leverage 1:500, spread from 20 pips). All account types support scalping, hedging, and Expert Advisors. The key differences are the minimum deposit, leverage level, and spread width, with the Pro account offering the tightest spreads and the Standard account the highest leverage.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.