Review summary
SYNERGY FINANCIAL MARKETS PTY LTD, also operating as SynergyFX, presents a complex profile for traders. The entity has been operating for an estimated 5-10 years and is registered in Australia. However, a critical WikiFX assessment reveals that it operates under a 'Clone Firm' status in relation to an ASIC Market Making License (403863) held by ACY Securities Pty Ltd. This means it is not the legitimate holder of this regulatory authorization. Consequently, SynergyFX holds no valid, authoritative forex trading licenses, placing it entirely outside mainstream financial oversight frameworks. The WikiFX SkyEye total score of 1.60 reflects this severe regulatory deficiency. Public user exposure on WikiFX details consistent complaints regarding withdrawal obstacles, including demands for repeated 'verification' or 'activation' fees after profits are generated, followed by account freezes and unresponsive support. From a trading perspective, the broker offers an STP account with a 500:1 maximum leverage and floating spreads starting from 1.2 pips on EUR/USD. The platform supports EA trading and scalping. Overall, this entity represents a significant departure from regulated market standards and warrants a high degree of caution from prospective traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-02)
FX2478017189
Hong Kong
Having deposited 10 thousand, I profited 90 thousand. But when it came to withdrawal, I was asked to pay such fee as 10% margin, extra 10% margin and 10% activation fee. After doing so, the service asked me to active again. I made a total loss of 60 thousand yuan. I will have this fraud on exposure!
Exposure
我是小太阳！
Hong Kong
On May 14,2018,I was pulled into a financial WeChat group,in which screenshots of profits were sent.Later, the salesman talked to me privately and asked if I wanted to make big money,constantly talking about how to make millions of money by a little fund.I was deceived because I didn’t understand anything. I deposited $10,000 or so,without listen to teacher’s instruction,making profits of $1,800,000.Then the platform didn’t allow me to operate by freezing my account.I argued with the platform,not only did it reply to me,but also it even insult and threaten me. I exposed this unscrupulous synergyfx to let investors avoid being cheated and make the platform return my profitable funds and principal to me.
Exposure
zuanqianaoaokuaile
Hong Kong
At the beginning of October 1, synergyfx dose not cooperates with ib, and there is no explanation for domestic ib. Today, the backstage can not be logged in. I contacted with the Australian customer service personnel, but they just mention the problem of the the browser I have changed 3.4 computers, and has tried 10 browsers But showed the same reason Awaken everyone, this is a precursor, We are going to face money withdrawing problem How can it be acquired by a black platform? It is suspected of running Hurry to withdraw money
Exposure
UG8YGTFH
New Zealand
Scam!! Beware! Fake broker, always looking for some reason to take your money. I have opened a live account and made profits of only $200 to test them but I haven't gotten my money back until now.
Neutral