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Silom International -

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Score

1.86 /10

Danger

Silom International

Item: Silom International
Rating: 1.86

Hong Kong

1-2 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

https://www.silomcfd.com

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Comparison

Expose

Exposure

Time Machine

Website

Score

Regulatory Index0.00

Business Index5.11

Risk Management Index0.00

Software Index7.94

License Index0.00

Time Machine

Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

open now

Broker Information

Company Name

Silom International Ltd

Company Abbreviation

Silom International

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

Silom International · Company summary

Silom International Review Summary
Founded	2024
Registered Country/Region	HongKong
Regulation	Unregulated
Market Instruments	Forex, Commodities, Indices, Shares (CFDs), Cryptocurrencies
Demo Account	Available
Leverage	Up to 1:200
Spread	From 2.2 pips
Trading Platform	MT4(Web and Mobile)
Min Deposit	$10
Customer Support	Phone: +60 82360563
	Email: cs@silomcfd.com
	24/7 Online Chat: Not mentioned
	Physical Address: 2nd Floor of Private Lot No.7, Kuching, Sarawak, Malaysia

Silom 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 Cons

Pros	Cons
Offers over 12,000 products for trading	Unregulated
Competitive spreads starting from 2.2 pips	No 24/7 customer support
Provides a demo account

Is 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.

Instrument	Details	Supported
Forex	60 currency pairs available, 24/5 trading	✔
Commodities	CFDs on various commodities including oil, natural gas, etc.	✔
Indices	Trade major international stock indices with no requotes and hidden fees	✔
Shares (CFDs)	150 popular stocks available for long/short, with dividends on long positions	✔
Cryptocurrencies	10 cryptocurrencies, including Bitcoin and Ethereum	✔
Precious Metals	CFDs on gold, silver, platinum, copper, and other precious metals	✔
Energies	CFDs 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 Type	Standard Account	Advanced Account	Institutional Account
Min Deposit	$10	$50	$10,000
Max Leverage	1:200	1:200	1:100
Spread	From 2.2 pips	From 1.5 pips	From 0 pips
Processing Fees	$0	$3 per side	$1.5 per side
Min Trade Size	0.01 lots	0.01 lots	0.01 lots
Other Features	Suitable for most traders	Suitable for experienced traders	For institutional investors, advanced features

Leverage

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 Types	Spread	Processing Fees
Standard Account	From 2.2 pips	$0
Advanced Account	From 1.5 pips	$3 per side
Institutional Account	From 0 pips	$1.5 per side

Trading Platform

Silom supports MT4 platforms, available for mobile, desktop, and web trading.

Trading Platform	Supported
MT4	✔
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.

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Previous Detection : 2024-12-24

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Website

MT4/5

Genealogy

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Keywords

Account

Time Machine

Benchmark	--
Maximum Leverage	1:1000
Minimum Deposit	$0
Minimum spread	from 1.5
Products	--

Currency	--
Minimum position	--
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	No

Silom International · Company summary

Silom International Review Summary
Founded	2024
Registered Country/Region	HongKong
Regulation	Unregulated
Market Instruments	Forex, Commodities, Indices, Shares (CFDs), Cryptocurrencies
Demo Account	Available
Leverage	Up to 1:200
Spread	From 2.2 pips
Trading Platform	MT4(Web and Mobile)
Min Deposit	$10
Customer Support	Phone: +60 82360563
	Email: cs@silomcfd.com
	24/7 Online Chat: Not mentioned
	Physical Address: 2nd Floor of Private Lot No.7, Kuching, Sarawak, Malaysia

Silom Information

Pros and Cons

Pros	Cons
Offers over 12,000 products for trading	Unregulated
Competitive spreads starting from 2.2 pips	No 24/7 customer support
Provides a demo account

Is Silom Legit?

Silom International Limited is unregulated.

What Can I Trade on Silom?

Instrument	Details	Supported
Forex	60 currency pairs available, 24/5 trading	✔
Commodities	CFDs on various commodities including oil, natural gas, etc.	✔
Indices	Trade major international stock indices with no requotes and hidden fees	✔
Shares (CFDs)	150 popular stocks available for long/short, with dividends on long positions	✔
Cryptocurrencies	10 cryptocurrencies, including Bitcoin and Ethereum	✔
Precious Metals	CFDs on gold, silver, platinum, copper, and other precious metals	✔
Energies	CFDs 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 Type	Standard Account	Advanced Account	Institutional Account
Min Deposit	$10	$50	$10,000
Max Leverage	1:200	1:200	1:100
Spread	From 2.2 pips	From 1.5 pips	From 0 pips
Processing Fees	$0	$3 per side	$1.5 per side
Min Trade Size	0.01 lots	0.01 lots	0.01 lots
Other Features	Suitable for most traders	Suitable for experienced traders	For institutional investors, advanced features

Leverage

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 Types	Spread	Processing Fees
Standard Account	From 2.2 pips	$0
Advanced Account	From 1.5 pips	$3 per side
Institutional Account	From 0 pips	$1.5 per side

Trading Platform

Silom supports MT4 platforms, available for mobile, desktop, and web trading.

Trading Platform	Supported
MT4	✔
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.

User Reviews

User comment

Comments

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Adeosun

more than one year

Silom International is my new favorite! Super easy to start with, $0 to start trading... And their trading platform? No hiccups or delays at all. Even though they're a newer broker, I'm totally confident in sticking with them for the long term.

Translate to English

2024-07-22 11:29

Benchmark	--
Maximum Leverage	1：500
Minimum Deposit	$10
Minimum spread	from 1.5
Products	--