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
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.
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.
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.
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.
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.
This acquisition attempt by AxiCorp Financial Services Pty Ltd, Axi’s parent company, values SelfWealth at AUD 0.23 per share and is notably higher than a recent bid made by Bell Financial Group Limited (ASX), which offered AUD 0.22 per share.
The body of missing crypto influencer Kevin Mirshahi, abducted in June, was found in Montreal. A woman has been charged in connection with his murder.
Are you thinking about investing in Globalmarketsbull or Cryptoclubmarket? Think again! The Financial Conduct Authority (FCA) issued a warning about these two firms. Here are the details of these unlicensed brokers.
Understanding why educated individuals fall victim to scams serves as a stark reminder for all traders to remain vigilant, exercise due diligence, and keep emotions firmly in check.