Sigma Capital Review Summary Founded Within 1 year Registered Country/Region China Regulation No Regulation Market Instruments 500+, forex, indices, cryptos, stocks, commodities, ETFs Demo Account Available (Free) Max. Leverage 1:500 Spread From 1.5 pips (Standard account) Trading Platforms Proprietary Trading Platform Minimum Deposit $250 Customer Support 24/5 support, email: support@sigmacap.co, Contact form, FAQ page What is Sigma Capital？ Sigma Capital is a financial trading platform that offers over 500 tradable instruments across six different asset classes such as forex, indices, cryptocurrencies, stocks, commodities, and ETFs. It provides four unique account types - Standard, Silver, Gold, and VIP - each with different minimum deposit requirements and bonuses. Sigma Capital also boasts of different leverages for each account type, as well as distinct spreads per account, to cater to all kinds of traders, whether beginners or seasoned professionals. However, it currently does not hold any valid regulations and lacks definite security measures on its website. Pros & Cons Sigma Capital is a comprehensive trading platform offering an array of financial instruments spanning six asset classes, a highlight being its inclusion of over 500 diverse trading options. Further pros are its proprietary trading platform, specifically tailored to meet the unique needs of its diverse user base, and its accommodating deposit and withdrawal options that include popular payment methods and a reasonable processing time. The broker caters to a wide spectrum of investors with different account types, distinct leverage ratios, and tiered spreads. Pros Cons Extensive range of tradable instruments No regulatory credentials Proprietary trading platform Absence of visible security measures Variety of account types Various deposit/withdrawal options Distinct leverage ratios and tiered spreads for diverse trader needs However, the apparent absence of regulatory credentials signals a significant oversight casting doubt on its credibility. Likewise, the unavailability of specific security measures on the website could potentially put user funds and data at risk. Is Sigma Capital Legit or a Scam？ Evaluating the legitimacy of a trading platform such as Sigma Capital involves considering various factors, among which regulation and security measures are paramount. Currently, it appears that Sigma Capital does not hold any valid regulation, an aspect generally regarded as a significant indicator of a broker's credibility and trustworthiness. Moreover, the absence of clearly stated security measures on their website raises a degree of uncertainty about the safety of user funds and data. While these factors do not conclusively determine Sigma Capital to be a scam, they are crucial considerations for prospective users and are usually expected of a reputable broker. Market Instruments With access to over 500 options spanning six distinct asset classes, users are encouraged to explore opportunities across forex, indices, cryptocurrencies, stocks, commodities, and ETFs. Providing such breadth allows Sigma Capital's members to diversify their portfolios, hedge risks and seize opportunities in global markets. Account Types Sigma Capital offers an array of account options to suit varied traders' needs and investment capabilities. They have four distinct account types: Standard, Silver, Gold, and VIP, which all have unique minimum deposit requirements. The Standard account, tailored for novice traders, requests a minimum deposit of $250, followed by the Silver account, needing a deposit of $2,500. Gold account holders are required to deposit a minimum of $10,000, while the VIP account requires a substantial minimum deposit of $200,000, catering to professional traders and serious investors. In terms of rewards, each account type also comes with a gratifying bonus, escalating respectively from up to 30% for the Standard account, 50% for the Silver, 70% for Gold, and up to an impressive 100% for VIP account holders. Account Type Minimum Deposit Standard $250 Silver $2,500 Gold $10,000 VIP $200,000 How to Open a Sigma Capital Account？ Opening an account with Sigma Capital is a straightforward process. Visit the Sigma Capital Website: Go to the Sigma Capital website on your browser. Click 'Open Account': You can see this option on the homepage. Click it to start the account creation process. Fill in Your Personal Information: You'll need to provide some basic information about yourself, such as your name, email, phone number, password and country of residence. Choose Your Account Type: Sigma Capital offers four different types of accounts - Standard, Silver, Gold, and VIP, each with its own minimum deposit requirement. Deposit Funds: Deposit the minimum amount based on the chosen account type using one of Sigma Capital's accepted payment methods (Visa, Bitcoin, Mastercard, and Wire Transfer). Bonus: After making the minimum deposit, depending on the account type, you can avail up to 30%, 50%, 70%, and 100% bonus respectively. Start Trading: Once your account is approved and funded, you can start trading on Sigma Capital's platform. Leverage Sigma Capital provides varying leverage ratios tailored to each of its distinct account types, designed to meet the diverse trading strategies of its clients. For beginners, the Standard account offers a leverage ratio of 1:200, enabling novice traders to have meaningful exposure with a smaller outlay. The Silver account raises the stakes with a more ambitious leverage ratio of 1:300, delivering increased trading power to investors. The Gold account further amplifies the leverage ratio to 1:400, catering to experienced traders seeking to maximize their market opportunities. At the very top, the VIP account offers the highest leverage ratio at an impressive 1:500, serving the needs of professional traders who require superior financial flexibility. Account Type Leverage Standard 1:200 Silver 1:300 Gold 1:400 VIP 1:500 Spreads & Commissions Sigma Capital distinctly tailors their spreads according to account type, serving to benefit their diverse range of investors. The Standard and Silver accounts start with minimum spreads from 1.5 pips, a favorable condition especially for traders who are just beginning their investing journey. Progressing to the Gold account, spreads are further reduced, starting from as low as 0.8 pips, which is an advantageous feature for experienced traders. Traders with a VIP account enjoy the most competitive condition Sigma Capital has to offer, with spreads starting from 0 pips, appealing to professional traders and those with substantial investment volume. Account Type Min. Spread Standard From 1.5 pips Silver From 1.5 pips Gold From 0.8 pips VIP From 0 pips However, information regarding commissions is not readily available and potential traders should reach out to Sigma Capital for detailed information on possible charges. Trading Platforms Sigma Capital brings to the table its own proprietary trading platform, distinctly tailored to meet the unique needs of its customers. Unlike common third-party platforms, Sigma Capitals proprietary platform presents an advantage by providing a custom-built experience designed from the ground up, with Sigma's investor base in mind. This platform showcases a suite of versatile features and user-friendly functionalities, allowing both novice and professional traders to negotiate the trading landscape with ease. Also noteworthy is the emphasis on technological robustness and stability, ensuring that trades are executed swiftly and efficiently. Alerts and indicators are incorporated for effective risk management. Deposits & Withdrawals It appears on the website that Sigma Capital accepts payments via popular methods like Visa, Bitcoin, Mastercard, and Wire Transfer, as gleaned from the icons on the homepage. However, they go a step further as confirmed on the FAQ page, stating that along with bank transfers and credit/debit cards, several commonly-used e-wallets are also accepted. Transaction speed varies with method, credit/debit card deposits and withdrawals reflecting within minutes, while bank transfers may take between 3 to 5 working days. Sigma Capital accommodates three primary currencies; USD, EUR, and GBP, but accommodatingly allows clients to use their local fiat currencies without extra charges. When it comes to withdrawals, clients need to submit a signed form, after which requests are swiftly processed within a few days, and funds issued according to the previously used deposit method. For more details, you can contact their customer support team. Customer Service Customer service stands as a crucial aspect of Sigma Capital's operations. They offer multiple avenues for client support to ensure responses are timely, effective, and cater to various client needs. One option is the direct email at support@sigmacap.co, which promises consistent communication and professional service. Additionally, they provide a contact form on the website for users to easily send their queries, concerns or feedback. To preempt common questions, an FAQ section is available, designed to swiftly provide solutions to regularly encountered issues. This section, conveniently divided into categories such as 'Banking', 'Getting Started', and 'Personal Account', ensures that clients can find accurate information in a straightforward manner. Conclusion In conclusion, Sigma Capital presents itself as a comprehensive trading platform offering varied account types, each with specific minimum deposit requirements and bonus rewards. Also, the firm features a tiered structure of leverage ratios and spreads, along with an extensive range of tradable instruments. However, the lack of regulatory credentials and explicit security measures are notable areas for caution. Frequently Asked Questions (FAQs) Question 1: Is Sigma Capital regulated by any financial authority？ Answer 1: No. It currently has no valid regulations. Question 2: Does Sigma Capital offer demo accounts？ Answer 2: Yes. It offers free demo accounts. Question 3: What platform does Sigma Capital offer？ Answer 3: Proprietary Trading Platform. Question 4: What is the minimum deposit for Sigma Capital？ Answer 4: $250 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.