ASIC — Australia
Safumax Group Limited
Licence
Safumax Review — Overview
Regulation
Tier-1 regulated
Licence
ASIC
Licence status
Active
Max. leverage
1:500
Instruments
Forex, commodities, indices, futures and cryptos
Operating
5-10 years
Entity
Safumax Group Limited
Website
Unknown
Safumax is a forex & CFD broker based in Australia, operating for 5-10 years. On Trust Broker Hub it holds a Trust Score of 4.9 out of 10, which we rate as Fair — below the 5.3/10 average for brokers that hold a verified licence. Mixed profile — check regulation and conditions before depositing.
Crucially, Safumax is regulated by ASIC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
Safumax provides access to Forex, commodities, indices, futures and cryptos. Published conditions include leverage up to 1:500. No complaints are currently on record. Overall, Safumax has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?
Weighted total
7.05
Data completeness
4 of 10 facts verified
40% ×0.70
Trust Score
4.9 / 10
Trust Score history
Safumax currently scores 4.9/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, commodities, indices, futures and cryptos |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:500 |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Available |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Safumax
Our analysis · editorial
4.9/10
A mixed risk profile
Safumax holds a tier-1 regulatory licence (ASIC). It is based in Australia. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.9/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (ASIC)
- No complaints on record with us
Watch-outs
- Very high leverage available (1:500) — amplifies risk
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
Safumax — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Safumax here if that changes.
Full specifications
Regulated region
Australia
Operating period
5-10 years
Instruments
Forex, commodities, indices, futures and cryptos
Frequently asked
Is Safumax a safe broker?
Safumax scores 4.9 / 10 on our Trust Score, below the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the Safumax trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Safumax?
Safumax publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.