Regulated by: None
Headquarters: St. Vincent and the Grenadines
Sitalix Review & Author's Comment
This is one of the recently founded forex brokers. The Sitalix brand and web site is owned by Signiview Ltd located in St. Vincent and the Grenadines. This makes the company and brand off-shore. There is no regulation which means that Sitalix don’t need to stick to certain rules and laws while delivering services to its clients. Therefore, if something goes wrong or you suspect any wrongdoing by the Company, there is no authority where you can apply to claim your rights.
Sitalix offers different account types for various types of traders. For experienced traders, there is VIP Account while they offer Welcome Account for newbie traders. However, the web site doesn’t say anything about Sitalix account spreads and other features regarding the trading accounts.
They claim on their website that Sitalix provides daily forex signals, live news, analysis and educational material. All those features are very helpful and useful for novice traders but of course not sure if they deliver what they promise.
Sitalix would not be a forex broker that I shall recommend for traders due to no regulation and poor reliability. I am not sure if you can withdraw the deposited amount let alone withdraw your profit.
Sitalix is not regulated by any financial watchdog and its HQ is in an off-shore island. Thus, scores very low in reliability department. Limited number of deposit and withdrawal methods.
|Adress:||23796 IBC 2016, Cedar Hill Crest Villa, Kingstown, St. Vincent and the Grenadines|
|MAM / PAMM Account:|
|Funding Methods:||Wire Transfer, Credit Card|
|Withdrawal Methods:||Wire Transfer, Credit Card|
|24 Hours Support:|
|Supported Platforms:||MetaTrader 4, Sitalix Trade|
|Negative Balance Protection:|
|Accepts Clients from the US:|