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SIGMA CAPITAL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.sigmasecurities.com/main/x_visitor_links.client_account?u_sess=, about the company's legal and temporary regulatory information, the company's address .

SIGMA CAPITAL Forex Broker

Basic Information

Registered Region
Egypt
Operating Period
--
Company Name
SIGMA CAPITAL
Abbreviation
SIGMA CAPITAL
Company employee
--
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

SIGMA CAPITAL Review Summary Founded 2000 Registered Country/Region Egypt Regulation No Regulation Market Instruments Securities Demo Account Available Services Securities Brokerage, Asset Management, Investment Banking, Private Equity, Insurance Brokerage Customer Support Phone: +202 33357575 | 16675 Email: shd@sigma-capital.com Facebook, Twitter, Linkedin What is SIGMA CAPITAL? Established in 2000, SIGMA Capital Holding claims to be one of the leading financial services companies in Egypt providing top-notch quality to the regional market. SIGMA Capital's first endeavor in Egypt was to establish its securities brokerage business, expanding its' service offerings to include custody, investment banking, asset management and private equity. However, it operates under no valid regulation. Pros & Cons Pros Cons Established presence Lack of regulation Diversified services Limited information Accessibility Pros: Established presence: With a founding date of 2000, SIGMA Capital has been operating in the financial services industry for over two decades, indicating a level of experience and stability. Diversified services: SIGMA Capital offers a range of financial services beyond securities brokerage, including custody, investment banking, asset management, and private equity, providing clients with a variety of options. Accessibility: The availability of a demo account and multiple customer support channels, such as phone, email, and social media, suggests an advantage in customer service and accessibility. Cons: Lack of regulation: Operating without valid regulation is the major drawback to the company's transparency, accountability, and adherence to industry standards and best practices. Limited information: There is limited public information available about the company's financial standing, operations, and compliance practices, making it challenging to assess its credibility and reliability. Is SIGMA CAPITAL Safe or Scam? It's difficult to definitively label it as “safe” or “scam” based on limited information. However, due to the inherent risks associated with the lack of regulation, it's strongly recommended to avoid using SIGMA CAPITAL. Unregulated brokers operate outside the oversight of financial authorities. This lack of supervision raises significant concerns about: Fairness: No guarantee of fair business practices or ethical treatment of clients. Security: No assurance that client funds are held securely or protected in case of insolvency. Dispute resolution: Limited recourse in case of conflicts or disagreements with the company. Potential for scams: Unregulated firms are more susceptible to engaging in fraudulent activities. Services SIGMA Capital provides a range of financial products and services to its clients, covering various aspects of the financial market. Securities Brokerage: SIGMA Capital offers securities brokerage services, positioning itself as a leader in the Egyptian market. It has been at the forefront of introducing new features like online trading and account management. Asset Management: In 2013, SIGMA Capital acquired Pireaus Egypt Asset Management, which was subsequently renamed SIGMA Asset Management. This service provides clients with various investment channels to achieve high returns on investment, catering to those who prefer not to actively manage their investments. Investment Banking: SIGMA Capital has a history of engaging in investment banking transactions with major companies in the Egyptian market. It offers financial consulting services to aid in the growth and development of businesses. Private Equity: SIGMA Capital's private equity arm focuses on maximizing return on investment by selecting small and medium-sized enterprises (SMEs) with high growth potential and acquiring direct stakes in them. It particularly targets businesses in consumer goods and services sectors such as food and beverage and retail financial services. Insurance Brokerage: In 2014, SIGMA Capital acquired the license of Piraeus Insurance Brokerage with the aim of entering the insurance brokerage market. This move was driven by the company's recognition of the need for financial products in the Egyptian market, including insurance products. SIGMA Capital planned to launch its insurance brokerage service by 2016. Market Instruments SIGMA Capital's primary market instruments include securities, with a focus on indexes such as EGX30, EGX30C, EGX70E, EGX100, and others. These indexes represent baskets of stocks that track the performance of the Egyptian stock market. By investing in securities linked to these indexes, SIGMA Capital can provide its clients with exposure to a diversified portfolio of stocks, allowing for potential capital appreciation and income generation. Customer Service SIGMA Capital provides customer support through various channels, including phone and email. You can reach them at +202 33357575 or 16675 for assistance. You can also contact them via email at shd@sigma-capital.com. Additionally, they are active on social media platforms like Facebook, Twitter, and Linkedin, where you can connect with them for support and updates. Conclusion In summary, SIGMA Capital is a prominent financial services provider in Egypt, offering a wide range of services including securities brokerage, asset management, investment banking, private equity, and insurance brokerage. However, it operates without regulatory oversight, which impacts transparency and investor protection. It is strongly recommended to avoid using it. Your financial safety is paramount, and choosing a regulated broker is essential to ensure safeguards for your investments. Frequently Asked Questions (FAQs) Q: Is SIGMA CAPITAL regulated? A: No, it operates without valid regulation. Q: What services does SIGMA Capital offer? A: SIGMA Capital offers a range of financial services including securities brokerage, asset management, investment banking, private equity, and insurance brokerage. Q: Does SIGMA Capital offer a demo account? A: Yes. Q: What market instruments does SIGMA Capital trade? A: SIGMA Capital primarily trades securities, including indexes such as EGX30, EGX30C, EGX70E, EGX100, and others. 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. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

How to login to SIGMA CAPITAL?
SIGMA CAPITAL Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a SIGMA CAPITAL Account Registering for a SIGMA CAPITAL account is the first step to accessing their investment services. Follow these detailed steps to ens

  

SIGMA CAPITAL Forex Broker - Complete Information Guide

  

1. Broker Overview

  SIGMA CAPITAL is an international online brokerage firm that claims to provide access to a wide range of trading instruments across various asset classes. Established in 2023, the company operates from an undisclosed location, raising concerns about its transparency and legitimacy. As a private entity, SIGMA CAPITAL aims to cater to both retail and institutional clients, focusing on delivering trading services in forex, commodities, indices, stocks, and cryptocurrencies.

  The company presents itself as a modern trading platform that offers over 500 tradable assets. However, it lacks sufficient historical data and significant milestones, which raises questions about its operational reliability. The absence of a clear corporate structure and ownership information further complicates the evaluation of its business model. The firm primarily engages in retail forex trading, but it also appears to target institutional clients with its various offerings.

  Given the lack of regulatory oversight and the opaque nature of its operations, potential investors should exercise caution when considering this broker. The first appearance of the term "SIGMA CAPITAL broker" emphasizes the need for due diligence before engaging in any trading activities.

  

2. Regulatory and Compliance Information

  SIGMA CAPITAL operates without any regulatory oversight from recognized financial authorities. It is not licensed by any major regulatory bodies, such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Securities and Exchange Commission (SEC) in the United States. The absence of a regulatory license is a significant red flag for potential investors.

  The lack of regulation means that client funds are not guaranteed or protected under any investor compensation schemes, which is a standard feature among regulated brokers. Furthermore, SIGMA CAPITAL does not have a clear policy regarding the segregation of client funds, which is critical for ensuring that clients' money is kept separate from the broker's operational funds.

  Additionally, the company does not appear to implement adequate Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are essential for protecting against fraud and illicit activities. The second mention of "SIGMA CAPITAL broker" highlights the importance of understanding the regulatory landscape before considering investment.

  

3. Trading Products and Services

  SIGMA CAPITAL offers a diverse range of trading products, including:

  •   Forex Currency Pairs: The broker provides access to numerous currency pairs, including major, minor, and exotic currencies. However, the exact number of available pairs is not specified.

  •   CFD Products: Traders can engage in Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies. The platform claims to support trading in over 500 instruments.

  •   Special Products: While the broker claims to offer a wide variety of trading instruments, specific unique products or features are not detailed in the available information.

  •   Retail and Institutional Services: SIGMA CAPITAL appears to cater to both retail traders and institutional clients, although the specifics of its institutional services are not elaborated upon.

  The lack of transparency regarding product updates and the introduction of new instruments raises concerns about the broker's commitment to providing a dynamic trading environment. The third instance of "SIGMA CAPITAL broker" reinforces the need for potential clients to scrutinize the range of products offered.

  

4. Trading Platform and Technology

  SIGMA CAPITAL utilizes a web-based trading platform integrated with TradingView for charting and analysis. However, the platform does not support real trading activity effectively, which may hinder traders' performance. The broker does not provide support for industry-standard platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are widely regarded for their comprehensive features and reliability.

  The absence of mobile trading applications for iOS and Android further limits accessibility for traders who prefer to manage their accounts on the go. The execution model used by SIGMA CAPITAL is not clearly defined, leaving potential clients uncertain about how their trades will be processed.

  Additionally, there is no mention of API access for automated trading, which is a critical feature for many professional traders. The fourth appearance of "SIGMA CAPITAL broker" emphasizes the importance of selecting a broker with robust and reliable trading technology.

  

5. Account Types and Trading Conditions

  SIGMA CAPITAL offers various account types, each with specific trading conditions:

  •   Standard Account: The minimum deposit for this account type is set at $250. The spreads start from 1.5 pips, and there are no specified commissions.

  •   Advanced Account Types: Higher-tier accounts are available, with minimum deposits reaching up to $200,000. However, the specific benefits and features of these accounts are not clearly outlined.

  •   Special Accounts: There is no mention of specialized accounts, such as Islamic accounts or corporate accounts.

  •   Leverage: The broker offers high leverage of up to 500:1, which may attract traders looking to amplify their potential returns. However, this high leverage comes with significant risks, especially since the broker does not provide negative balance protection.

  •   Minimum Trade Size: The minimum trade size is not explicitly stated, which can be a concern for traders looking to manage their risk effectively.

  •   Overnight Fees: Information regarding overnight fees or swap rates is also lacking, which could impact the cost of holding positions overnight.

  Potential clients should carefully consider these trading conditions and the inherent risks associated with trading through an unregulated broker like SIGMA CAPITAL.

  

6. Funds Management

  SIGMA CAPITAL supports various deposit methods, including:

  • Bank Transfers: Typically take 2-5 business days for processing.
  • Credit/Debit Cards: Instant deposits are available, with a processing time of up to 24 hours.
  • Cryptocurrencies: Deposits and withdrawals can be processed within 24 hours, with fees depending on the cryptocurrency used.

  The minimum deposit requirement varies based on the account type, starting from $250 for the standard account. However, the broker does not provide clear information on deposit fees, which could impact the overall cost of trading.

  Withdrawal methods include bank transfers, credit/debit cards, and cryptocurrencies, but specific withdrawal limitations and processing times are not adequately detailed. The lack of transparency regarding withdrawal fees and conditions raises concerns for potential clients.

  The fourth mention of "SIGMA CAPITAL broker" highlights the importance of understanding the funds management processes before committing to this broker.

  

7. Customer Support and Educational Resources

  SIGMA CAPITAL offers customer support through various channels:

  •   Support Channels: Clients can reach out via email, online chat, and potentially phone support, though specific contact details are not provided.

  •   Service Hours: The operating hours and time zone coverage for customer support are not clearly specified, which could affect accessibility for clients in different regions.

  •   Multilingual Support: The languages supported by the customer service team are not mentioned, which may limit assistance for non-English speaking clients.

  •   Educational Resources: The broker claims to provide educational resources, including webinars, tutorials, and potentially e-books, but specific details are scarce.

  •   Market Analysis Services: There is no clear information on whether the broker offers daily analysis, news updates, or research reports to assist traders in making informed decisions.

  •   Trading Tools: The availability of tools such as calculators, economic calendars, or signal services is not specified.

  The lack of comprehensive customer support and educational resources raises concerns about the overall trading experience with SIGMA CAPITAL.

  

8. Regional Coverage and Restrictions

  SIGMA CAPITAL appears to target a global market, but specific details regarding its regional coverage are limited. The broker does not provide clear information on its operational jurisdictions or the locations of any regional offices.

  Moreover, the countries or regions where the broker does not accept clients are not specified, which could pose a challenge for potential traders in those areas. Understanding these limitations is crucial for clients considering engaging with this broker.

  In conclusion, while SIGMA CAPITAL presents itself as a trading platform with a variety of offerings, the lack of regulatory oversight, transparency, and comprehensive information raises significant concerns for potential investors. It is advisable to conduct thorough research and consider regulated alternatives to ensure a safer trading experience.

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Latest Reviews

I  WANT  YOU

I WANT YOU

Belarus

Sigma Capital, in my experience, is a mixed bag as a forex trading platform. On the positive side, their user interface is fairly intuitive, making it easy for beginners to navigate. However, their customer support can be frustratingly slow to respond, especially during peak trading hours. The trading fees are reasonable, but I've noticed occasional slippage in execution, impacting my trades. Account verification processes can be cumbersome, causing delays.

37130

2023-12-27

SIGMA CAPITAL Forex Broker has an overall rating of 1.54, Regulatory Index 0.00, License Index 0.00, Business Index 7.24, Software Index 4.00 Risk Control Index 0.00.
SIGMA CAPITAL