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Rating Index
Pros
User-friendly trading platform with MetaTrader 4, suitable for both beginners and experienced traders.
Diverse range of trading assets available, including forex, commodities, stocks, and indices.
No added commissions on trades, which can make trading costs more predictable.
Cons
Unregulated broker, raising significant concerns about the safety of funds and transparency.
High minimum deposit requirement for the standard account, which may deter new traders.
Customer support reported to be slow and unresponsive, particularly during peak trading hours.
Sigma Capital broker Accounts
Sigma Capital Account Type
Sigma Capital offers two main types of trading accounts for its clients: the Standard Account and the Pro Account.
- Standard Account:
- Minimum Deposit: $500
- Base Currency Options: USD, EUR, GBP, PLN, or AED
- Leverage: Up to 1:500
- Spread: Variable spread with no added commission; starting spread on EUR/USD is 2.4 pips
- Minimum Trade Size: 0.01 lots (micro-lots)
- Trading Platform: MetaTrader 4
- Access to various assets including indices, commodities, stocks, and metals.
- Pro Account:
- Minimum Deposit: $20,000
- Base Currency Options: USD, EUR, GBP, PLN, or AED
- Leverage: Up to 1:500
- Spread: Variable spread that is 0.5 pips better than the Standard Account; starting spread on EUR/USD is 1.9 pips
- Minimum Trade Size: 0.01 lots (micro-lots)
- Trading Platform: MetaTrader 4
- Access to a similar range of assets as the Standard Account.
- Visit the Website: Go to the official Sigma Capital website.
- Select Account Type: Choose either the Standard Account or Pro Account based on your trading needs and deposit capability.
- Complete the Application: Fill out the online application form with your personal information, including your name, email, phone number, and address.
- Deposit Funds: After your application is approved, fund your account with the minimum deposit required for your chosen account type ($500 for Standard, $20,000 for Pro).
- Verification: You may need to provide identification documents for verification purposes.
- Start Trading: Once your account is funded and verified, you can download the MetaTrader 4 platform and start trading.
Sigma Capital Broker Account Opening Process
To open an account with Sigma Capital, follow these steps:
For more detailed information, please refer to the official website: Sigma Capital.
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