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Silom International

Hong Kong|1-2 years|
MT4 Full License|Regional Brokers|High potential risk|

https://www.silomcfd.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
SilomInternational-Server MT4
Server Location Japan

Contact

+60 3 62 000 767
support@silomcfd.com
https://www.silomcfd.com
M-27-09, M Tower, Empire City, Jalan PJU 8/1, Damansara Perdana, 47820, Petaling Jaya, Selangor

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

Open Now

Contact number

English

+60 3 62 000 767

Other ways of contact

Broker Information

More

Company Name

Silom International Ltd

Abbreviation

Silom International

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-12-04
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Silom International · WikiFX Survey

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Silom International · Company 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

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