Unauthorised Firm Details
Name: Strifor.org
Website: strifor.org
Strifor markets itself as a Forex/CFD broker that “Always Pays,” offering bonuses, interest on deposits, and competitive trading conditions. While the website looks professional, closer inspection raises serious doubts about transparency and reliability.
Registration and Legitimacy
The platform is registered as 7 Lucky Trading (Mauritius) Ltd with a Securities Dealer license from the Mauritius FSC. While this license is genuine, the connection between the company and the Strifor platform is unclear. Historical references show operations under other entities in the Marshall Islands and Saint Vincent, creating confusion about the platform’s true ownership.
The domain strifor.org was registered in November 2021, and operations began in early 2022, before the Mauritius license was issued in 2024. This raises questions about the broker’s legal status in its early years.
Trading Platform and Conditions
Strifor uses MetaTrader 5, a reliable platform. However, account types and trading conditions are inconsistent:
* Basic, Advanced, Professional, and Islamic accounts with unclear currencies.
* Extremely high swap rates (e.g., USD/JPY short at 26.10%).
* Promised deposit interest and compensation schemes lack supporting documentation.
The broker also promotes its own WebTrader platform, which is limited in analytical tools and usability. Payment methods work inconsistently, with cryptocurrency being the only reliable option.
Red Flags
* Multiple domains and registrations in different countries.
* Paid or incentivized reviews dominate online feedback.
* Inconsistent trading conditions and promotional claims.
* Limited transparency regarding account protections, leverage, and swap fees.
Conclusion
While Strifor has a valid license, its unclear corporate structure, inconsistent operations, and selective trading conditions make it risky. Traders should exercise caution and consider brokers with verified history, transparent trading terms, and clear client protections.