Score

1.52 /10
Danger

SIGMA

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

Regulatory Index0.00

Business Index7.09

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

SIGMA · Company summary

General Information

Sigma Capital is an offshore forex and CFD broker, offering a selection of currency pairs and CFDs on indices, commodities, precious metals, stocks and futures with a leverage of up to 500:1 and the MetaTrader4 platform.

Regulation

Sigma Capital is owned and operated by The Sigma Capital Ltd. – a Marshall Islands based company, which unfortunately is not regulated by any official financial regulator such as the Financial Conduct Authority in the UK, or the Cyprus Securities and Exchange Commission (CySEC).

Markets Instruments

Trading assets available on the Sigma Capital platform include currency pairs and CFDs on indices, commodities, precious metals, stocks and futures.

Minimum Deposit

The minimum deposit required by Sigma Capital is relatively high, reaching up to $500. Keep in mind that most legit brokers only requires an account opening amount around $100 or even less. High amount injected into this platform means you may never take it back.

Sigma Leverage

Sigma Capital offers the leverage up to 1:500, which is considered high. Trading with an unregulated broker offering such high leverage is not necessarily a good option, as leverage can amplify gains as well as potential risks.

Spreads & Commissions

In terms of spreads and commissions, Sigma Capital does not make this part clear. Unregulated brokers love to hide their real trading costs to scam traders, so traders should take extra vigilance.

Trading Platform Available

The Sigma Capital offers a trading platform called E-Trade, but this feature requires logging on to its system.

Deposit & Withdrawal

Sigma Capital accepts payments with major credit or debit cards like VISA and MasterCard, as well as e-wallets like Skrill, Neteller, MegaTransfer and bank wire.

Risk Warning

Many fraudulent firms will claim to be domiciled in a regulated jurisdiction, and display fake regulatory licenses and addresses on their websites to try and improve their credibility with unsuspecting investors. Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online.

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