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SICH Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-09-05 18:28

Abstract:SICH, a trading name of SICH CAPITAL LTD., is allegedly a forex broker registered in Australia that claims to provide its clients with forex trading without trading software.

  Note: For some unknown reason, we cannot open SICHs official sites (https://sichcapitalae.com/, https://sichcapitalax.com) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

  General Information & Regulation

General Information & Regulation

  SICH, a trading name of SICH CAPITAL LTD., is allegedly a forex broker registered in Australia that claims to provide its clients with forex trading without trading software.

  As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

  As for regulation, it has been verified that SICH does not fall under any valid regulations and it has received a lot of complaints from traders. That is why its regulatory status on WikiFX is listed as “Complaints” and it receives a relatively low score of 1.19/10. Please be aware of the risk.

General Information & Regulation

  Negative Reviews

  Some traders shared their terrible trading experience on the SICH platform at WikiFX. They said they were unable to withdraw from this platform. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.

General Information & Regulation

  Field Survey

  The survey personnel went to Australia to visit the foreign exchange dealer SICH as planned but did not find the dealer's office at its disclosed regulatory address. The dealer may have just registered a company at this address without a real business venue. Please choose this dealer carefully.

Field Survey

  Market Instruments

  SICH is a forex broker that mainly offers forex trading. However, more specific information about the tradable assets cannot be found on the Internet.

  Trading Platform Available

  It seems that SICH provides access to no trading software– all we could access was the dashboard seen below. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading Platform Available

  Customer Support

  SICHs customer support can be reached by telephone: +85292184956. Company address: 156 739 Sydney Rd Brunswick VIC 3065.

  Risk Warning

  Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Related broker

No Regulation
SICH
Company name:SICH CAPITAL LTD.
Score
1.45
Website:https://sichcapitalae.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.45

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