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Sigma Forex

  • #1
  • First Post: Jul 4, 2008 5:22pm Jul 4, 2008 5:22pm
Anyone know about Sigma Forex

http://www.sigmaforex.com/

they have 1 pip spread on 12 currencies and very good spread on others. they offer standard, mini, and micro lots from same account. leverage is from 1:1 to 500:1.

they say about themselves

Quote
Sigma Forex is leading European professional online trading Brokers registered in the Uk and most of the EU countries. It was founded by professional private investors including (banks, traders, brokers, and software developers), which enabled Sigma to identify the essential needs of the Forex participants from the start.
what caught my eyes was the following:

Quote
Customers funds deposited with Sigma, are held and maintained separately in separated trading accounts at our partner banks. Sigma also provides its customers a variety of account plans, and services to choose from when creating or adjusting a profile
and this

Quote
You will choose whether if you want to trade with dealing desk or be free to be directly connected to the market with the No Dealing Desk
- No swap, commission, interests or any kind of fees.
the web site says that they comply with EU, UK, and US regulations.

anyone have any feedback about them?
  • #2
  • Jul 4, 2008 5:40pm Jul 4, 2008 5:40pm
Quoting BluePearl
Anyone know about Sigma Forex

http://www.sigmaforex.com/

they have 1 pip spread on 12 currencies and very good spread on others. they offer standard, mini, and micro lots from same account. leverage is from 1:1 to 500:1.

they say about themselves

what caught my eyes was the following:

and this

the web site says that they comply with EU, UK, and US regulations.

anyone have any feedback about them?
wow this can`t be that good .... 1 pip ... all currency something like crown forex ..... do not but i do not believe that this guys are good please if someone has something to do with them just to tell his expirience ......
  • #3
  • Jul 4, 2008 5:46pm Jul 4, 2008 5:46pm
i do not think that they will last long ........

Domain Name: sigmaforex.com

Status: ok

Registrar: STARGATE HOLDINGS CORP.
Whois Server: whois.stargateinc.com
Referral URL: http://www.stargateinc.com

Expiration Date: 2009-02-21
Creation Date: 2007-02-21
Last Update Date: 2008-03-12

Name Servers:
ns1.sigmaforex.com
ns2.sigmaforex.com
  • #4
  • Jul 4, 2008 5:54pm Jul 4, 2008 5:54pm
http://www.fsa.gov.uk/register/epfSearchForm.do

i've checked with the FSA website using 'sigma' and 'sigma forex' and no registration comes up. i've contacted sigma and have asked them for their FSA reference number.
  • #5
  • Jul 4, 2008 5:56pm Jul 4, 2008 5:56pm
Quoting BluePearl
http://www.fsa.gov.uk/register/epfSearchForm.do

i've checked with the FSA website using 'sigma' and 'sigma forex' and no registration comes up. i've contacted sigma and have asked them for their FSA reference number.
good thinking bro ..... but i rather stick with BIG brokers .... comon ... 1 pip spread ON ALL currency this is screaming FAKE
  • #6
  • Jul 4, 2008 6:03pm Jul 4, 2008 6:03pm
My eyes aren't the best. Is there a physical address and phone number listed on the web site?
  • #7
  • Jul 4, 2008 6:56pm Jul 4, 2008 6:56pm
Quoting nvwine
My eyes aren't the best. Is there a physical address and phone number listed on the web site?
no physical address but the phone number is

+44 845 056 5451
  • #8
  • Jul 5, 2008 10:40am Jul 5, 2008 10:40am
Quoting BluePearl
no physical address but the phone number is

+44 845 056 5451
Thanks

Visiting their office first does not mean they are secure but it is one more requirement I use. I have not visited every broker I've used but I've talked to someone that can verify the size of the building and if it is more than a mail drop or sales office.

Because of this I worry about any broker that does not have their address on their web site.
  • #9
  • Jul 5, 2008 12:23pm Jul 5, 2008 12:23pm
Name & Registered Office:
SIGMAFOREX.COM LTD
SUITE B, 29 HARLEY STREET
LONDON
W1G 9QR
  • #10
  • Jul 6, 2008 4:18am Jul 6, 2008 4:18am
Quoting BluePearl
Name & Registered Office:
SIGMAFOREX.COM LTD
SUITE B, 29 HARLEY STREET
LONDON
W1G 9QR
Suite B must be very cramped, there are dozens of companies registered at that address.
And is just down the corridor from Suite FA
----o00o--°(_)°--o00o----
  • #11
  • Jul 6, 2008 5:16am Jul 6, 2008 5:16am
Quoting BluePearl
the phone number is

+44 845 056 5451
Number is dead.

Stay clear guys.
  • #12
  • Jul 6, 2008 6:08am Jul 6, 2008 6:08am
great detective work
  • #13
  • Jul 6, 2008 6:38pm Jul 6, 2008 6:38pm
my conversation says it all:

Quote
Chat InformationPlease wait for a site operator to respond.

Chat InformationYou are now chatting with 'Rick Wright'

you: hi what is your FSA reference number?

Rick Wright: Please Clarify more Sir

you: your website says that you comply with the UK's Financial Service Authority. are you a member? then what is your reference number so that i may verify it.

you: the website says 'laws while FSA compliance ensures Sigma a classic and historical regulation base'

Rick Wright: Send an E-mail at [email protected] with your proposals

you: i already have.

Rick Wright: When ?

you: yesterday. this is not a proposal. i'm asking for the FSA id that says you are a member of FSA. you should have that info handy.

you: i did a search at the FSA website and there was no listing for sigma or forexsigma.com

Rick Wright: We are complying with FSA Sir

you: under what name are you registered with FSA?

Rick Wright: We are complying with FSA Sir

you: you have given me your answer. bye.
  • #14
  • Jul 7, 2008 5:00am Jul 7, 2008 5:00am
Quoting BluePearl
my conversation says it all:
Bloody scammers!
  • #15
  • Jul 7, 2008 6:09am Jul 7, 2008 6:09am
Quoting BluePearl
my conversation says it all:
ROFL
ForexFactory SUCKS.
  • #16
  • Jul 12, 2009 8:07pm Jul 12, 2009 8:07pm
Yep, unauthorized for sure

http://www.fsa.gov.uk/pages/Doing/Re...thorised.shtml
  • #17
  • Last Post: Jul 13, 2009 3:51am Jul 13, 2009 3:51am
Obvious scam, and your conversation with a supposed tech guy proves it all...
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