Abstract: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.
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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