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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Silom

Hong Kong Hong Kong | 2-5 years |
Suspicious Regulatory License | MT4 Full License | Regional Brokers | High potential risk

https://www.silomcfd.com

Website

Rating Index

MT4/5 Verification

MT4/5 Verification

Full License

5
Server Name
SilomInternational-ServerMT4
Server LocationJapanJapan

Contact

+852 30697747
https://www.silomcfd.com
Vistra Corporate Service Center, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands.

license Forex License

No forex trading license found. Please be aware of the risks.

Company Profile 5
2-5 years
Suspicious Regulatory License
MT4 Full License
Regional Brokers
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Hong Kong
Operating Period
2-5 years
Company Name
Silom International Ltd
Abbreviation
Silom
Employees
--
Email
cs@silomcfd.com
Contact Number
+85230697747
Address
Vistra Corporate Service Center, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands.
Account Info
Related Personnel
Verified Site
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About Us
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
1
MT4 Servers
0
MT5 Servers
81.80
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Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 4
Meta Trader 4
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Official Website

Verified Site

  • silomcfd.com
    85.187.128.38
    Server Location
    Singapore Singapore
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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Silom

Related Companies

Silom International Limited(Hong Kong)
Hong Kong
Silom International Limited(Hong Kong)
Active
Hong Kong
Registration No.
1825412
Est. Date
鑫隆國際有限公司 Silom International Limited
Hong Kong
鑫隆國際有限公司 Silom International Limited
Active
Hong Kong
Registration No.
--
Est. Date

Company Profile

Company Profile

Review summary

Silom International Review Summary
Founded2024
Registered Country/RegionHongKong
RegulationUnregulated
Market InstrumentsForex, Commodities, Indices, Shares (CFDs), Cryptocurrencies
Demo AccountAvailable
LeverageUp to 1:200
SpreadFrom 2.2 pips
Trading PlatformMT4(Web and Mobile)
Min Deposit$10
Customer SupportPhone: +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.

Silom Information

Pros and Cons

ProsCons
Offers over 12,000 products for tradingUnregulated
Competitive spreads starting from 2.2 pipsNo 24/7 customer support
Provides a demo account

Is Silom Legit?

Silom International Limited is unregulated.

Is Silom Legit?

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.

InstrumentDetailsSupported
Forex60 currency pairs available, 24/5 trading
CommoditiesCFDs on various commodities including oil, natural gas, etc.
IndicesTrade major international stock indices with no requotes and hidden fees
Shares (CFDs)150 popular stocks available for long/short, with dividends on long positions
Cryptocurrencies10 cryptocurrencies, including Bitcoin and Ethereum
Precious MetalsCFDs on gold, silver, platinum, copper, and other precious metals
EnergiesCFDs on spot energy, such as Brent Crude and US Crude oil
What Can I Trade on Silom?

Account Types

Silom offers three types of live trading accounts: Standard, Advanced, and Institutional.

Account TypeStandard AccountAdvanced AccountInstitutional Account
Min Deposit$10$50$10,000
Max Leverage1:2001:2001:100
SpreadFrom 2.2 pipsFrom 1.5 pipsFrom 0 pips
Processing Fees$0$3 per side$1.5 per side
Min Trade Size0.01 lots0.01 lots0.01 lots
Other FeaturesSuitable for most tradersSuitable for experienced tradersFor institutional investors, advanced features
Account Types

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 TypesSpreadProcessing Fees
Standard AccountFrom 2.2 pips$0
Advanced AccountFrom 1.5 pips$3 per side
Institutional AccountFrom 0 pips$1.5 per side

Trading Platform

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

Trading PlatformSupported
MT4
MetaTrader Web
MetaTrader Mobile
MT5
Trading Platform

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.

Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • MT4 Full License
  • Regional Brokers
  • High potential risk

Wiki Q&A

Can Silom be trusted by traders?

Silom International Ltd operates without any valid forex trading licenses, which places it in an unregulated category and means there is no formal oversight from a recognized financial authority to protect client funds or mediate disputes; its low WikiFX score of 2.01 reflects this significant deficiency in regulatory standing and risk control.

04-02
United States

Is Silom regulated?

Silom is not regulated by any authoritative financial supervisory body for forex trading; it operates as an unregulated entity with no verified licenses from major regulators.

04-02
United States

Where is Silom registered?

The broker is registered in Hong Kong as Silom International Ltd and has been operational for between two and five years.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States
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