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Score
United Kingdom
Suspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk
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Comparison
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Score
Regulatory Index0.00
Business Index6.41
Risk Management Index0.00
Software Index7.73
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
SICHER MAYOR LTD
Company Abbreviation
Sicher Mayor
Platform registered country and region
United Kingdom
Company website
+447441393844
+97120542473412
Company summary
Pyramid scheme complaint
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Sicher Mayor Review Summary | |
Founded | 2022 |
Registered Country/Region | Saint Lucia |
Regulation | No regulation |
Market Instruments | Forex, Indices, Commodities, Stocks |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | From 1.5 pips (Standard account) |
Trading Platform | MT5 |
Copy Trading | ✅ |
Minimum Deposit | $50 |
Customer Support | Phone: +971 42546 880 |
Email: info@sichermayorfx.com, support@sichermayorfx.com | |
Company Address: 83 Uxbridge Road, Stanmore, England, HA7 3NH | |
Social Media: Facebook, LinkedIn, Instagram, WhatsApp |
Sicher Mayor is a financial trading platform founded in 2022 and registered in Saint Lucia. It operates as an unregulated entity and offers trading in various market instruments, including Forex, Indices, Commodities, and Stocks. The platform supports MetaTrader 5 (MT5) as its trading platform and provides leverage up to 1:500. Spreads start from 0 pips, and the minimum deposit required is $50.
Pros | Cons |
Four account types | Lack of regulation |
MT5 supported | Demo accounts unavailable |
Various contact channels | Commission charged |
Copy trading offered |
Sicher Mayor operates as an unregulated trading platform, which may expose users to heightened risks, including limited investor protections and potential challenges in fund security.
Traders get access to over 1,000 market instruments like forex, indices, stocks, and metals on Sicher Mayor.
Tradable Instruments | Available |
forex | ✔ |
metals | ✔ |
stocks | ✔ |
indices | ✔ |
cryptocurrencies | ❌ |
bonds | ❌ |
options | ❌ |
ETFs | ❌ |
Sicher Mayor offers four account types, each comes with distinct features.
Notably, this platform also offers Copy Trading, a method where investors automatically replicate the trading strategies of experienced traders. Through Copy Trading, traders are able to benefit from the expertise of skilled traders without needing to make their own trading decisions.
Account Type | Standard Account | VIP Account | ECN Account | Copy Trading Account |
Minimum Deposit | $50 | $1,000 | $10,000 | $100 |
Maximum Leverage | 1:500 | 1:400 | 1:500 | 1:400 |
Spread from | 1.5 pips | 0.8 pips | 0.0 pips | 1.4 pips |
Trading Instruments | 1,000+ | 1,000+ | 1,000+ | / |
Minimum Open & Pending Orders | Unlimited | Unlimited | Unlimited | / |
Zero Commissions | ❌ | ❌ | ❌ | ✔ |
Multi-Lingual Customer Support | ✔ | ✔ | ✔ | ✔ |
Copy Trading 24/7 Technical & Account Support | ✔ | ✔ | ✔ | / |
Sicher Mayor offers varying leverage ratios across its account types: 1:500 for both Standard and ECN Accounts, while VIP and Copy Trading Accounts feature a slightly lower 1:400 leverage.
Sicher Mayor applies trading commissions to its Standard, VIP, and ECN accounts; however, the platform does not disclose specific commission structures or rates on its website.
Sicher Mayor provides traders with access to MetaTrader 5 (MT5), the industry-leading multi-asset platform for trading Forex, stocks, futures, and CFDs. The platform features advanced charting tools, comprehensive technical indicators, and flexible order execution options, including market, pending, stop, and trailing stop orders.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
MT4 | ❌ | / | Beginners |
Sicher Mayor accepts deposit and withdrawal methods including Visa, Mastercard, Skrill, and Wire Transfer.
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