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Silicontradings

Item: Silicontradings
Rating: 1.45

Cayman Islands|2-5 years|

High potential risk|

http://silicontradings.com/

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Open Account Time Machine

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+1 (217) 216 1220

http://silicontradings.com/

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CIMA Suspicious Clone

Cayman Islands STP

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Warning: Low score, please stay away! 4

Previous Detection : 2024-10-17

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The Cayman IslandsCIMA regulation (license number: 1383491) claimed by this broker is suspected to be clone. Please be aware of the risk!

The Cayman Islands CIMA regulation with license number: 1383491 is an offshore regulation. Please be aware of the risk!

The current information shows that this broker does not have a trading software. Please be aware!

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Silicontradings · WikiFX Survey

Benchmark	--
Maximum Leverage	Up to 500:1
Minimum Deposit	$20,000
Minimum Spread	from 0.0 pips
Products	40 Currency pairs 13 Indices 20 Commodities 100 Share CFDs

Currency	--
Minimum Position	0.01 lot
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

Benchmark	--
Maximum Leverage	Up to 500:1
Minimum Deposit	$500
Minimum Spread	from 0.0 pips
Products	40 Currency pairs 13 Indices 20 Commodities 100 Share CFDs

Currency	--
Minimum Position	0.01 lot
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

Benchmark	--
Maximum Leverage	Up to 500:1
Minimum Deposit	$200
Minimum Spread	from 1.4 pips
Products	40 Currency pairs 13 Indices 20 Commodities 100 Share CFDs

Currency	--
Minimum Position	0.01 lot
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

Platform Capital Ratio

--%

-- --

100%

--%

100%

Fundamental Item(A)
Total Supplementary Items(B)
Debt Amount(C)
Non-Fixed Capital(A)+(B)-(C)=(D)
Relative amount of risk(E)
Market Risk
Transaction Risk
Underlying Risk

Capital
$(USD)

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Silicontradings · Company Summary

General Information & Regulation

Silicontradings was founded in 2009. Silicontradings are not subject to any regulation at this stage.

Market Instruments

Silicontradings offers investors over 180 financial trading instruments, including Forex currency pairs, indices, commodities, and stock CFDs.

Minimum Deposit

To meet the investment needs and trading experience of different investors, Silicontradings offers three different types of trading accounts: Standard (minimum initial deposit of $200), Raw ECN (minimum initial deposit of $500), and Pro ECN (minimum initial deposit of $20,000).

Leverage

When it comes to trading leverage, the maximum trading leverage offered by Silicontradings is up to 1:500. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spreads & Commissions

The spreads on Silicontradings standard accounts start at 1.4 pips on Forex without commissions. The spreads on the Raw ECN account start at 0 pips, and the commission is $3 per lot per side. Pro ECN accounts have spreads starting at 0 pips and commissions of $2 per lot. Additionally, Silicontradings offers Islamic accounts and demo accounts for traders.

Trading Platforms

Silicontradings offers traders the market-leading and highly acclaimed MT4 & MT5 trading platforms. MT4 & MT5 applications are convenient, reliable, and compatible with Android and iOs devices, making them ideal for both novice and experienced traders. All Silicontradings clients can experience the same trading features on their mobile devices as on the desktop version of the trading platform, such as one-click trading, multiple order types, instant access to over 300 tradable assets, and more.

Deposit & Withdrawal

Silicontradings supports traders to deposit and withdraw funds to and from their investment accounts via VISA, MasterCard, wire transfer, Skrill, Neteller, China UnionPay payment methods.