Score

1.51 /10
Danger

Silicon Markets

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Clone Firm United Kingdom

High potential risk

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index7.03

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
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Single Core

1G

40G

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-24
  • The claimed United KingdomFCA regulation (license number: 613381) is verified as a clone firm. Please pay attention to the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Silicon Markets · Company summary

General Information & Regulation

Silicon Signals is an automated signal provider platform that aims to make massive investment returns to their clients. They boast of having a strategy that will beat the market, and they can do what analysts do in a week within a short period. Silicon Markets Limited trading as Silicon Signals, a company incorporated in England under number 09587159 whose registered office is at 100 Avebury Boulevard, Milton Keynes, MK9 1FH and operating address at 111, Baker Street, First Floor, London WIU 6SG.Silicon Signals allows investors multiple advantages, and youre able to build a formula that will enable you to reduce interfering factors of emotion and time. Hence the platform provides investors with automated services.Automated services are preferred over humans because of their inability to hold any emotions, yet investing with the wrong tool is unwise. The company allows investors to add various trading conditions within minutes and includes back and paper testing. Despite offering clients these tempting advantages, the company still lacks transparency in strategies for operation. Transparency plays a significant role in trying to pick up the best tool for trading.Investors do not know any information regarding the founders and the kind of experience they hold. Furthermore, trusting this investment firm may not turn out to be profiting as expected; this is because you may end up dealing with criminals. Investors also risk dealing with unregulated brokers while investing in Siliconsignals.com they do not reveal any data of the brokers. Furthermore, transparency plays a significant role for investors in choosing the best trading software. The Investment firm does not have any demo account that you can use to test the trading strategies you‘ve created. They also do not provide any past trade activities the software’s been able to complete, and you may end up dealing with the wrong trading tool.

Market Instruments

The product on offer to Traders by silicon Markets is, Silicon Signals which includes; Stochastic, MACD, Parabolic SAR, Bollinger Bands, RSI, Price, Moving Averages, Aroon, ADX, Uploading your EA, Backtesting and Money management.

Trader Security

The features so many scam traits, and you should verify any information provided before investing a single coin. Under the FCA, they are not recognized, and this is direct proof that the company is not regulated.

Regulated platforms showcase a high level of transparency, and you can easily verify any of the information they provide. For any medium to generate funds from the public, they should give regulatory data first.

You may end up investing your funds in a platform that may not last long in the market. Unregulated platforms may quickly go against any set guidelines. It is because they are not bound to any law.

Regulated companies will always provide you with legit regulatory data that can easily verify. The owners information is never revealed in unregulated companies. Hence, you should avoid such investment at all costs.

CUSTOMER SERVICE

Silicon Signals provide 24/7 support to their clients. They provide a form for any clients to make enquiries and can also be contacted through email or phone number.

Phone: +44 (0) 203 880 7676

Email: info@siliconmarkets.com

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