SIB Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.sib.com.cy/, the company's legitimate regulatory information CyprusCYSECMarket Making(MM), to enhance the security of the company's address Alpha Business Centre, 1st Floor, Block B, 27 Pindarou Street, 1060 Nicosia, Cyprus.
SIB Forex Broker
Basic information
Cyprus
15-20 years Regulated in Cyprus Market Making(MM) Suspicious Scope of Business High potential riskCompany profile
SIB Information
SIB, founded in 2011, is a company that offers investment services to clients. The services include encompass reception and transmission of orders, execution of orders, dealing on own account, investment advice, underwriting and placing of financial instruments, ancillary services, credit facilities, foreign exchange services, and more.
Pros and Cons
| Pros | Cons |
| ASIC & VFSC regulated | Limited customer support options |
| Wide range of currency pairs and trading instruments | High minimum deposit requirements |
| Low minimum deposit of $100 | Potential for price manipulation |
| Four types of trading accounts to choose from | Limited withdrawal options and delays |
| Generous leverage up to 1:500 | No Islamic trading account |
| Competitive spreads and low trading fees | |
| MT4 trading platform and webtrader supported | |
| Copy trading available | |
| Demo account available |
Is SIB Legit?
SIB is regulated by CYSEC. Its current status is regulated.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Cyprus | CYSEC | SIB (Cyprus) Ltd | Market Making(MM) | 066/06 | Regulated |
Services
SIB offers a lot of investment services including: reception and transmission of orders, execution of orders, dealing on own account, investment advice, underwriting and placing of financial instruments, placing of financial instruments without firm commitment, ancillary services, credit facilities, foreign exchange services,, services related to underwriting, investment research and financial analysis, advice on capital structure and mergers.
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Latest Reviews
ORG 2019 KURDISH
Iraq
❤️
Positive
2022-10-09
Asher Li
Singapore
I contacted their staff for more information, but they didn't give me any response until now...
Neutral
2024-08-07