Introduction
Sicher Mayor is a financial trading platform established in 2022 and registered in Saint Lucia. The company operates without regulation from any financial authority, offering trading on multiple instruments including Forex, indices, commodities, and stocks.
Pros and Cons
Pros:
- Supports the modern MT5 trading platform.
- Offers four different account types.
- Provides copy trading feature.
- Multiple customer support channels.
Cons:
- No regulatory license.
- No demo account available.
- Trading fees apply but not transparently disclosed.
Products and Trading Instruments
Traders can access over 1,000 market instruments, including:
- Forex
- Metals
- Stocks
- Indices
- Not supported: Cryptocurrencies, Bonds, Options, ETFs.
Trading Platform
Sicher Mayor uses MetaTrader 5 (MT5) – a leading multi-asset platform in the industry, offering:
- Advanced charting tools
- Comprehensive technical indicators
- Multiple order types: market, pending, stop, trailing stop
- Support for desktop, mobile, and web trading
- MT4 is not supported.
Deposits & Withdrawals
Sicher Mayor supports common payment methods:
- Visa, Mastercard
- Skrill
- Bank Wire Transfer
Conclusion
Sicher Mayor offers flexibility with various account types, high leverage, and the powerful MT5 platform. However, the lack of regulatory oversight poses significant risks for traders, particularly concerning fund safety and dispute resolution.
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