Sybles Forex Broker

Sybles Forex Broker - Complete Information Guide

1. Broker Overview

　　Sybles broker, officially known as Sybles (Pacific Ocean) Group Limited, was established on February 26, 2013. The company is headquartered in Hong Kong SAR, China, specifically at Room 1002, 10/F, Easey Commercial Building, 253-261 Hennessy Road, Wanchai, Hong Kong. It operates as a privately held entity, providing a variety of trading services primarily focused on the retail forex market.

　　Sybles broker aims to cater to a diverse client base, including individual traders and institutional investors. Over the years, the company has developed its operations and expanded its service offerings, although detailed milestones and specific growth achievements are not extensively documented in public records. The business model of Sybles primarily revolves around retail forex trading, offering clients access to various financial instruments.

2. Regulatory and Compliance Information

　　Sybles broker operates without any regulatory oversight, which raises significant concerns regarding its legitimacy and the safety of client funds. The absence of a regulatory license indicates that Sybles is not subject to the stringent compliance requirements imposed by financial authorities. Consequently, clients engaging with Sybles broker should exercise extreme caution.

　　The lack of regulation means that Sybles broker does not have a defined regulatory number or license validity. The company does not adhere to the standard client fund segregation policies often mandated by regulated brokers, which typically ensure that client funds are kept separate from the companys operational funds. Additionally, Sybles broker does not participate in any investor compensation schemes, further exposing clients to risks.

　　To mitigate risks, clients are encouraged to conduct thorough due diligence, including Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are essential for any legitimate trading platform. However, the specifics of Sybles' KYC and AML policies remain unclear.

3. Trading Products and Services

　　Sybles broker offers a variety of trading products, primarily focusing on forex currency pairs. The broker provides access to a selection of major, minor, and exotic currency pairs, although the exact number of available pairs is not specified.

　　In addition to forex trading, Sybles also offers Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies. However, details regarding the frequency of product updates and the introduction of new trading instruments are limited.

　　Sybles broker primarily serves retail clients, providing trading services through its platform. While there is no mention of institutional services or white-label solutions, the broker does cater to individual traders looking for diverse trading options.

4. Trading Platforms and Technology

　　Sybles broker supports the widely recognized MetaTrader 5 (MT5) trading platform, which is favored for its user-friendly interface and comprehensive trading tools. However, there is no indication that Sybles offers an in-house developed trading platform or a web-based trading solution.

　　The broker's mobile application is available for both iOS and Android devices, allowing clients to trade on the go. The execution model employed by Sybles is not explicitly stated, but clients can expect a standard trading experience associated with many retail forex brokers.

　　Sybles broker utilizes a robust technical infrastructure, although specific details regarding server locations and technology stack are not provided. The broker also supports API access, enabling clients to engage in automated trading, but further information on this feature is limited.

5. Account Types and Trading Conditions

　　Sybles broker offers various account types designed to meet different trading needs. The standard account conditions include a minimum deposit requirement that is not publicly specified, along with competitive spreads and commission structures.

　　For advanced traders, Sybles may provide premium account types, such as VIP or professional accounts, although details on these options are not extensively documented. The broker also offers specialized accounts, including Islamic accounts for clients who adhere to Sharia law.

　　A demo account is available for clients wishing to practice trading without financial risk, although specific policies regarding the demo account's features and limitations are not detailed. Leverage ratios vary by product, allowing traders to maximize their positions, while the minimum trade size is not explicitly mentioned.

　　Sybles broker applies overnight fees, but the exact terms and conditions related to these fees are not provided.

6. Fund Management

　　Sybles broker supports a range of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirements vary by account type, and specific figures are not disclosed.

　　Deposit processing times are generally prompt, although exact timelines are not specified. Clients should be aware of any potential deposit fees, which are not detailed in the available information.

　　For withdrawals, Sybles broker offers multiple methods, but specific limitations and processing times are not clearly outlined. Withdrawal fees may apply, but details regarding the fee structure are not provided.

7. Customer Support and Educational Resources

　　Sybles broker provides customer support through various channels, including phone, email, and online chat. However, information regarding the availability of these services and the time zones covered is not specified.

　　The broker offers multilingual support, although the exact languages available are not listed. Educational resources for clients include webinars, tutorials, and eBooks, but specific offerings are not detailed.

　　Sybles also provides market analysis services, including daily updates, news, and research reports, although the depth and frequency of these analyses are not specified. Trading tools such as calculators and calendars are available, but further information on their features is limited.

8. Regional Coverage and Restrictions

　　Sybles broker primarily serves clients in various global markets, although specific regions of operation are not detailed. The broker does not have a clearly defined regional office distribution.

　　Certain countries and regions may be restricted from using Sybles broker's services, but specific jurisdictions that are not accepted are not disclosed. Any special limitations regarding trading activities are also not explicitly mentioned.

　　In conclusion, while Sybles broker presents a range of trading services and products, potential clients should exercise caution due to the lack of regulatory oversight and transparency. It is essential to conduct thorough research and consider the risks involved before engaging with this broker.