Note: SICH CAPITALs official site - https://sichcapitalfx.net/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is SICH CAPITAL？
SICH CAPITAL, a trading name of SICH CAPITAL LTD, claims to be a global online trading broker registered in China. However, since their website is inaccessible, further details about their trading assets, leverage, spreads, trading platforms, and minimum deposit could not be obtained.
Regarding regulation, it has been confirmed that SICH CAPITAL currently does not possess a valid license. It is important to be aware of the associated risks. Reports of difficulties in withdrawing funds and scams have been mentioned when discussing SICH CAPITAL.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
SICH CAPITAL Alternative Brokers
There are many alternative brokers to SICH CAPITAL depending on the specific needs and preferences of the trader. Some popular options include:
ForexChief – A reputable forex broker known for its transparent trading conditions, diverse account types, and competitive trading platforms.
EZINVEST - An online trading broker specializing in forex, commodities, and indices and serving the needs of both retail and corporate traders.
Trading 212 – A popular online brokerage platform that offers commission-free trading for a wide range of financial instruments, including stocks, ETFs, forex, and cryptocurrencies.
Is SICH CAPITAL Safe or Scam？
SICH CAPITAL currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. Besides, the official website of SICH CAPITAL is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.
If you are considering investing with SICH CAPITAL, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.
User Exposure on WikiFX
On our website, you can see that reports of unable to withdraw and scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Conclusion
In conclusion, SICH CAPITAL, a global online trading broker registered in China, lacks valid regulation at present. This implies that it is operating without a proper license.
As a result, it is important to exercise caution and be aware of the associated risks when considering any involvement with SICH CAPITAL. Reports of difficulties in fund withdrawals and potential scams have been reported, highlighting the need for thorough research and due diligence before engaging with this broker.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant 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 provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
2023-03-16 17:32
2023-03-03 16:45
