Silicontradings Forex Broker

General Information & Regulation Silicontradings was founded in 2009. Silicontradings are not subject to any regulation at this stage. Market Instruments Silicontradings offers investors over 180 financial trading instruments, including Forex currency pairs, indices, commodities, and stock CFDs. Minimum Deposit To meet the investment needs and trading experience of different investors, Silicontradings offers three different types of trading accounts: Standard (minimum initial deposit of $200), Raw ECN (minimum initial deposit of $500), and Pro ECN (minimum initial deposit of $20,000). Leverage When it comes to trading leverage, the maximum trading leverage offered by Silicontradings is up to 1:500. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders. Spreads & Commissions The spreads on Silicontradings standard accounts start at 1.4 pips on Forex without commissions. The spreads on the Raw ECN account start at 0 pips, and the commission is $3 per lot per side. Pro ECN accounts have spreads starting at 0 pips and commissions of $2 per lot. Additionally, Silicontradings offers Islamic accounts and demo accounts for traders. Trading Platforms Silicontradings offers traders the market-leading and highly acclaimed MT4 & MT5 trading platforms. MT4 & MT5 applications are convenient, reliable, and compatible with Android and iOs devices, making them ideal for both novice and experienced traders. All Silicontradings clients can experience the same trading features on their mobile devices as on the desktop version of the trading platform, such as one-click trading, multiple order types, instant access to over 300 tradable assets, and more. Deposit & Withdrawal Silicontradings supports traders to deposit and withdraw funds to and from their investment accounts via VISA, MasterCard, wire transfer, Skrill, Neteller, China UnionPay payment methods.