Score

1.46 /10
Danger

SafeIg

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.64

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

1G

40G

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Broker Information

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Company Name

BHVN

Company Abbreviation

SafeIg

Platform registered country and region

Marshall Islands

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

SafeIg · Company summary

General Information

SafeIg is allegedly a broker registered in the Marshall Islands that provides its clients with the SirixTrader trading platform, various tradable assets, as well as a choice of six different account types and 24×5 customer support services.

Market Instruments

SafeIg advertises that it offers different classes of trading instruments in financial markets, including forex, commodities and cryptocurrencies.

Account Types

There are six live trading accounts offered by SafeIg, namely Basic, Silver, Gold, Platinum, Diamond and VIP (invitation only). Opening a Basic account requires the minimum initial deposit amount of $500, while the other five account types with the minimum initial capital requirements of $10,000, $50,000, $100,000 and $250,000 respectively, as well as the VIP account about which no further information is given directly.

Account

Trading Platform Available

When it comes to trading platforms available, instead of the worlds most widely-used MetaTrader4 and MetaTrader5 platforms, SafeIG gives traders the only choice of SirixTrader. Compared with MT4 and MT5, SirixTrader lacks automated trading, instead, it features social trading, which allows you to see the top traders on the platform and copy their strategies.

Deposit & Withdrawal

From the logos shown at the bottom of the home page on SafeIg‘s official website, we found that this broker seems to accept deposits and withdrawals via VISA, MasterCard, Wire Transfer, American Express, Maestro and e-payments. The minimum deposit amount is $500. Note that if a deposit was made by a card, the funds will be sent only to the same card. While the funds deposited with a bank wire transfer will be sent only to the original bank account. Also, a withdrawal will be sent only the same way the funds were deposited and Every withdrawal request must be done through the trading account and not by mail. However, the broker reveals that there are no withdrawals allowed until a trading volume of 500 times the Bonus is reached. As for the processing time of withdrawal requests, it usually takes 4-7 business days to appear in the client’s bank account or bank card.

Fees

SafeIg says it shall be entitled to receive the fees from the clients regarding the services provided by the company. To be more specific, it will charge a Bank Transfer fee of not more than €25, as well as the account with none of the operations are fulfilled on the trading platform of the company by the clients for 90 calendar days in a row will be deemed as inactivity account and be charged an inactive fee of €50 annually. Such annual fee shall be not more than the total balance of the clients accounts.

Customer Support

SafeIgs customer support can be reached through telephone: 442039662801, email: support@safeig.com or send messages online to get in touch. Head Office: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.

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FX1312428408
more than one year
Has anyone traded with SafeIg? Their account manager contacted me, but I didn't find many user reviews after searching online, and I don't know if this company is reliable or not.
Has anyone traded with SafeIg? Their account manager contacted me, but I didn't find many user reviews after searching online, and I don't know if this company is reliable or not.
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2023-03-07 15:00
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