Should You Trade with SICH Capital?
SICH Capital claims that it is “a team of experienced managers from the trading industry.” This isn’t very impressive web content. Of course, money managers should be experienced and one would certainly hope they are from the trading industry. Fluffy content isn’t just amusing or off-putting, but it may be a telltale sign that a broker is not legitimate and is not really committed to offering trading services. If they were, they would pay for better web content.
There Are Some Things You Should Know Before Trading with SICH Capital?
This isn’t even close to the main issue with SICH Capital. It says it is based in Australia, but it does not have a license from ASIC. Any financial company that operates in Australia must be regulated by ASIC, so SICH Capital is breaking the rules and therefore is not reliable. We therefore would not recommend opening an account with this broker but urge you to do research and find a regulated broker.
We Found the Following Problems With SICH Capital
- Not regulated
- Aggressive spamming tactics
- No transparency
- No contact information
- Bad reviews
What if You Have an Account with SICH Capital?
If you have an account with SICH Capital, we urge you to close it immediately and ask for a withdrawal of your funds. If the broker does not return your funds, you must report it and file a claim. ReportScamOnline will assist you with your claim and can help you retrieve your funds from the blockchain or through a chargeback or wire recall.