Silom International Review SummaryFounded2024Registered Country/RegionHongKongRegulationUnregulatedMarket InstrumentsForex, Commodities, Indices, Shares (CFDs), CryptocurrenciesDemo AccountAvailableLeverageUp to 1:200SpreadFrom 2.2 pipsTrading PlatformMT4(Web and Mobile)Min Deposit$10Customer SupportPhone: +60 82360563Email: cs@silomcfd.com24/7 Online Chat: Not mentionedPhysical Address: 2nd Floor of Private Lot No.7, Kuching, Sarawak, MalaysiaSilom Information Set in Hong Kong, Silom is a brand-new formed corporation Among the several trading tools it offers are FX, commodities, indexes, and cryptocurrency. Together with minimal spreads beginning at 0 pip, they support MT4 platforms and provide competitive leverage up to 1:200. Users may test trading with a demo account.Pros and ConsProsConsOffers over 12,000 products for tradingUnregulatedCompetitive spreads starting from 2.2 pipsNo 24/7 customer supportProvides a demo accountIs Silom Legit? Silom International Limited is unregulated.What Can I Trade on Silom? Silom mainly provides CFD trading. It offers over 12,000 particular products, including 60 Forex pairs, CFDs on commodities, precious metals, and energy, 150 equities, main stock indexes, and 10 cryptocurrencies.InstrumentDetailsSupportedForex60 currency pairs available, 24/5 trading✔CommoditiesCFDs on various commodities including oil, natural gas, etc.✔IndicesTrade major international stock indices with no requotes and hidden fees✔Shares (CFDs)150 popular stocks available for long/short, with dividends on long positions✔Cryptocurrencies10 cryptocurrencies, including Bitcoin and Ethereum✔Precious MetalsCFDs on gold, silver, platinum, copper, and other precious metals✔EnergiesCFDs on spot energy, such as Brent Crude and US Crude oil✔Account Types Silom offers three types of live trading accounts: Standard, Advanced, and Institutional.Account TypeStandard AccountAdvanced AccountInstitutional AccountMin Deposit$10$50$10,000Max Leverage1:2001:2001:100SpreadFrom 2.2 pipsFrom 1.5 pipsFrom 0 pipsProcessing Fees$0$3 per side$1.5 per sideMin Trade Size0.01 lots0.01 lots0.01 lotsOther FeaturesSuitable for most tradersSuitable for experienced tradersFor institutional investors, advanced featuresLeverage The leverage of Silom international is up to 1:200. It offers 1:200 leverage in standard account and premium account, but offers 1:100 leverage in institutional account.Silom Fees While higher-tier accounts have tighter spreads, Silom offers the spreads of standard account starts from 0 pips. The processing fee ranges from 0 to $3.Account TypesSpreadProcessing FeesStandard AccountFrom 2.2 pips$0Advanced AccountFrom 1.5 pips$3 per sideInstitutional AccountFrom 0 pips$1.5 per sideTrading Platform Silom supports MT4 platforms, available for mobile, desktop, and web trading.Trading PlatformSupportedMT4✔MetaTrader Web✔MetaTrader Mobile✔MT5❌Deposit and Withdrawal Silom does not charge any fees for deposits or withdrawals. Also, it doesn't mention the payment methods. The minimum deposit for it is $10.