Synthetic growth (www.synthetic-growths.com) Forex Broker Review
✅ TrustScoreFX Broker Review
🔍 Broker: Synthetic Growth (www.synthetic-growths.com)
Reviewed: June 2025 | Status: 🚫 Scam Alert Issued
1. ⚖️ Regulation & Trust
Synthetic Growth claims to offer investment and forex trading services. However, upon investigation:
- ❌ No Tier-1 regulatory license (FCA, ASIC, CySEC, etc.) listed
- ❌ Flagged as a SCAM by BrokersView and noted by the UK FCA
- ❌ No disclosure of negative balance protection or investor insurance
⚠ These omissions indicate a high-risk, unregulated operation.
- Rating: ★☆☆☆☆ (1/5)
2. 🏢 Company Transparency
The company provides no verified details about its ownership, jurisdiction, or compliance.
| Transparency Element | Status |
|---|---|
| Company Incorporation | ❓ Unclear |
| Headquarters Location | ❌ Not Provided |
| Legal Documents (T&C, KYC) | ❌ Not Verified |
| Audit Reports or Filings | ❌ Absent |
- Transparency Score: 3/10
3. 💼 Account Types & Flexibility
Synthetic Growth markets itself as a CFD/Forex broker but lacks basic disclosures:
| Feature | Status |
|---|---|
| Minimum Deposit | ❓ Not specified |
| Leverage | ⚠ High (assumed) |
| Spread Type | ✅ Variable (claimed) |
| Swap-Free Accounts | ❓ Not confirmed |
| EA/Algo Trading | ❓ Not clarified |
| Demo Account | ❌ Not available |
- Flexibility Score: 5/10
4. ⚙️ Trading Experience
The broker fails to disclose:
- Supported platforms (e.g., MetaTrader, cTrader)
- Web, mobile, or desktop application access
- Performance metrics such as latency or slippage
While it claims a “secure trading environment,” no tools or benchmarks are shown.
- Feature Score: 5/10
5. 📈 Instruments Offered
The site mentions forex and CFD trading, but lacks:
- Specific asset listings
- Confirmation of access to crypto, indices, commodities, or stocks
- Breadth Index: 5/10
6. 💳 Deposit & Withdrawal Process
The broker does not:
- List accepted payment methods (e.g., bank wire, crypto, e-wallets)
- Disclose withdrawal timelines, refund policies, or transaction fees
- Provide client testimonials on transaction performance
- Transparency Score: 3/10
7. 📚 Education & Tools
There is no educational content or trading tools, including:
- Webinars or market insights
- Tutorials, eBooks, or articles
- Trade calculators or economic calendars
- Resource Quality Index: 3/10
8. ☎️ Customer Support
No details are provided regarding:
- Live chat
- Phone/email support
- Response hours or languages offered
| Support Element | Status |
|---|---|
| Live Chat | ❌ Not Available |
| Email/Phone | ❌ Not Listed |
| Multilingual Support | ❓ Unknown |
- Customer Support Rating: 3/10
9. 🌐 Reputation & Complaints
External reputation is negative or untraceable:
- ❌ BrokersView and FCA issue scam alerts
- ❌ No verified Trustpilot or forum reviews
- ❌ Domain appears recently registered
| Sentiment Type | Summary |
|---|---|
| Positive | ❓ Broker-claimed only |
| Neutral | ⚠ Inconclusive |
| Negative | ✅ Based on watchdog sites |
- Reputation Score: 3/10
10. 🤝 IB & Affiliate Program
The broker does not advertise any:
- Partnership commission programs
- Sub-IB tools or backend access
- Payout conditions or timelines
- Partnership Appeal Rating: 2/10
11. 🧭 Unique Selling Points (USP)
✅ Claims:
- Secure and stable environment
- Competitive spreads
- Positioning as a “trusted partner”
📝 Editorial Commentary
Despite sleek branding, Synthetic Growth fails to meet fundamental broker standards. The lack of licensing, poor transparency, and absence of support infrastructure—combined with official scam warnings—make it a broker to avoid.
12. 📊 Final TrustScoreFX Rating
| Category | Score |
|---|---|
| Regulation & Trust | 1/5 |
| Company Transparency | 3/10 |
| Account Types & Flexibility | 5/10 |
| Trading Experience | 5/10 |
| Instruments Offered | 5/10 |
| Deposit & Withdrawal | 3/10 |
| Education & Tools | 3/10 |
| Customer Support | 3/10 |
| Reputation & Complaints | 3/10 |
| IB & Affiliate Program | 2/10 |
📌 Aggregated TrustScoreFX Rating: 36/100
⚠ Status: 🚫 Scam Alert Issued
Badge: ❌ Not TrustScoreFX Verified
📢 Recommendations for Traders
- Avoid funding or trading with Synthetic Growth until licensing is publicly verifiable.
- If you’re already involved, consider withdrawing funds and migrating to a regulated broker.
- Contact customer support and demand proof of licensing, fund segregation, and legal jurisdiction.
- Always cross-check brokers in regulatory databases before depositing.