General Information & Regulation
SANDWIND GLOBAL PTY LTD (SANDWIND) is an online trading platform, registered in Australia, and holds an Appointed Representative (AR) license from ASIC in Australia, with regulatory license number: 001292352.
Market Instruments
SANDWIND offers its traders four classes of trading assets, including currency pairs, precious metals, indices, as well as commodities. Some popular instruments like stocks and cryptocurrencies are not available.
Minimum Deposit
SANDWIND does not indicate its minimum initial deposit on its website. in most cases, most brokers would requires an account opening amount around $100 or even less.
Leverage
The maximum trading leverage offered by SANDWIND is up to 1:500. While this may actually be a negative for newcomers to the world of trading, some experienced traders like having the ability to use high leverage ratios. Keep in mind such high leverage levels can also lead to serious losses, should the market move against you.
Spreads & Commissions
SANDWIND advertises that it offers super low spreads, but does not specify detailed information on particular instruments.
Trading Platform
SANDWIND offers its services on the latest trading software provided by fin-tech MetaQuotes – MetaTrader 5, simply known as MT5 (available for Windows, IOS and Android). The successor of the industry leading MetaTrader 4 features most of the well-familiar and loved tools and functionalities of the MT4, and most notably – its advanced charting, plus the option to trade in futures, options and shares, in addition to CFDs and forex.
No Demo Accounts
When we opted for a demo account with SANDWIND , we weren‘t allowed access, as the broker’s services are not available in our country, or it actually does not provide free demo accounts.
Deposit& Withdrawal
When it comes to payment methods available, SANDWIND supports traders to fund their accounts via Credit/Debit Card (Visa, Mastercard,Maestro), Wire transfer, Skrill, VPay.