Sicher Mayor Forex Broker

Sicher Mayor Review SummaryFounded2022Registered Country/RegionSaint LuciaRegulationNo regulationMarket InstrumentsForex, Indices, Commodities, StocksDemo Account/LeverageUp to 1:500SpreadFrom 1.5 pips (Standard account)Trading PlatformMT5Copy Trading✅Minimum Deposit$50Customer SupportPhone: +971 42546 880Email: info@sichermayorfx.com, support@sichermayorfx.comCompany Address: 83 Uxbridge Road, Stanmore, England, HA7 3NHSocial Media: Facebook, LinkedIn, Instagram, WhatsAppSicher Mayor Information Sicher Mayor is a financial trading platform founded in 2022 and registered in Saint Lucia. It operates as an unregulated entity and offers trading in various market instruments, including Forex, Indices, Commodities, and Stocks. The platform supports MetaTrader 5 (MT5) as its trading platform and provides leverage up to 1:500. Spreads start from 0 pips, and the minimum deposit required is $50.Pros & ConsProsConsFour account typesLack of regulationMT5 supportedDemo accounts unavailableVarious contact channelsCommission chargedCopy trading offeredIs Sicher Mayor Legit? Sicher Mayor operates as an unregulated trading platform, which may expose users to heightened risks, including limited investor protections and potential challenges in fund security.What Can I Trade on Sicher Mayor? Traders get access to over 1,000 market instruments like forex, indices, stocks, and metals on Sicher Mayor.Tradable Instruments Availableforex✔metals✔stocks✔indices✔cryptocurrencies❌bonds❌options❌ETFs❌Account Type Sicher Mayor offers four account types, each comes with distinct features. Notably, this platform also offers Copy Trading, a method where investors automatically replicate the trading strategies of experienced traders. Through Copy Trading, traders are able to benefit from the expertise of skilled traders without needing to make their own trading decisions.Account TypeStandard AccountVIP AccountECN AccountCopy Trading AccountMinimum Deposit$50$1,000$10,000$100Maximum Leverage 1:5001:4001:5001:400Spread from1.5 pips0.8 pips0.0 pips1.4 pipsTrading Instruments1,000+1,000+1,000+/Minimum Open & Pending OrdersUnlimitedUnlimitedUnlimited/Zero Commissions❌❌❌✔Multi-Lingual Customer Support✔✔✔✔Copy Trading 24/7 Technical & Account Support✔✔✔/Leverage Sicher Mayor offers varying leverage ratios across its account types: 1:500 for both Standard and ECN Accounts, while VIP and Copy Trading Accounts feature a slightly lower 1:400 leverage.Fees Sicher Mayor applies trading commissions to its Standard, VIP, and ECN accounts; however, the platform does not disclose specific commission structures or rates on its website.Trading Platform Sicher Mayor provides traders with access to MetaTrader 5 (MT5), the industry-leading multi-asset platform for trading Forex, stocks, futures, and CFDs. The platform features advanced charting tools, comprehensive technical indicators, and flexible order execution options, including market, pending, stop, and trailing stop orders.Trading PlatformSupported Available Devices Suitable for MT5✔Desktop, Mobile, WebExperienced tradersMT4❌/BeginnersDeposit & Withdrawal Sicher Mayor accepts deposit and withdrawal methods including Visa, Mastercard, Skrill, and Wire Transfer.