Score
Sicher Mayor
https://sichermayorfx.com
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum Deposit$50
- Minimum SpreadFrom 0.0
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission7
- Products--
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
sichermayorfx.com
72.167.191.69Server LocationUnited States
ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Genealogy
Relevant Enterprises
Company Summary
| Sicher Mayor Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Saint Lucia |
| Regulation | No regulation |
| Market Instruments | Forex, Indices, Commodities, Stocks |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 1.5 pips (Standard account) |
| Trading Platform | MT5 |
| Copy Trading | ✅ |
| Minimum Deposit | $50 |
| Customer Support | Phone: +971 42546 880 |
| Email: info@sichermayorfx.com, support@sichermayorfx.com | |
| Company Address: 83 Uxbridge Road, Stanmore, England, HA7 3NH | |
| Social Media: Facebook, LinkedIn, Instagram, WhatsApp | |
Sicher Mayor Information
Sicher Mayor is a financial trading platform founded in 2022 and registered in Saint Lucia. It operates as an unregulated entity and offers trading in various market instruments, including Forex, Indices, Commodities, and Stocks. The platform supports MetaTrader 5 (MT5) as its trading platform and provides leverage up to 1:500. Spreads start from 0 pips, and the minimum deposit required is $50.

Pros & Cons
| Pros | Cons |
| Four account types | Lack of regulation |
| MT5 supported | Demo accounts unavailable |
| Various contact channels | Commission charged |
| Copy trading offered |
Is Sicher Mayor Legit?
Sicher Mayor operates as an unregulated trading platform, which may expose users to heightened risks, including limited investor protections and potential challenges in fund security.

What Can I Trade on Sicher Mayor?
Traders get access to over 1,000 market instruments like forex, indices, stocks, and metals on Sicher Mayor.
| Tradable Instruments | Available |
| forex | ✔ |
| metals | ✔ |
| stocks | ✔ |
| indices | ✔ |
| cryptocurrencies | ❌ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |

Account Type
Sicher Mayor offers four account types, each comes with distinct features.
Notably, this platform also offers Copy Trading, a method where investors automatically replicate the trading strategies of experienced traders. Through Copy Trading, traders are able to benefit from the expertise of skilled traders without needing to make their own trading decisions.
| Account Type | Standard Account | VIP Account | ECN Account | Copy Trading Account |
| Minimum Deposit | $50 | $1,000 | $10,000 | $100 |
| Maximum Leverage | 1:500 | 1:400 | 1:500 | 1:400 |
| Spread from | 1.5 pips | 0.8 pips | 0.0 pips | 1.4 pips |
| Trading Instruments | 1,000+ | 1,000+ | 1,000+ | / |
| Minimum Open & Pending Orders | Unlimited | Unlimited | Unlimited | / |
| Zero Commissions | ❌ | ❌ | ❌ | ✔ |
| Multi-Lingual Customer Support | ✔ | ✔ | ✔ | ✔ |
| Copy Trading 24/7 Technical & Account Support | ✔ | ✔ | ✔ | / |

Leverage
Sicher Mayor offers varying leverage ratios across its account types: 1:500 for both Standard and ECN Accounts, while VIP and Copy Trading Accounts feature a slightly lower 1:400 leverage.
Fees
Sicher Mayor applies trading commissions to its Standard, VIP, and ECN accounts; however, the platform does not disclose specific commission structures or rates on its website.
Trading Platform
Sicher Mayor provides traders with access to MetaTrader 5 (MT5), the industry-leading multi-asset platform for trading Forex, stocks, futures, and CFDs. The platform features advanced charting tools, comprehensive technical indicators, and flexible order execution options, including market, pending, stop, and trailing stop orders.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |

Deposit & Withdrawal
Sicher Mayor accepts deposit and withdrawal methods including Visa, Mastercard, Skrill, and Wire Transfer.

Keywords
- 2-5 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- High potential risk
Wiki Q&A
Is Sicher Mayor safe to use?
Since Sicher Mayor operates without regulation, I would say that it poses a risk. Although the platform offers useful features like leverage and a wide range of market instruments, the lack of regulation means there's no assurance of protection for my funds in case of issues. I would be cautious about using this platform, as I would with any unregulated broker.
What is the minimum deposit at Sicher Mayor?
The minimum deposit required at Sicher Mayor depends on the account type. For the Standard account, the minimum deposit is $50, while the VIP account requires a deposit of $1,000. The ECN account has a higher minimum deposit of $10,000, and the Copy Trading account requires a $100 deposit. Personally, I think the Standard account with a $50 minimum deposit is a great starting point for new traders or anyone looking to test the platform without risking too much capital.
Can I know the details about Sicher Mayor fees?
Sicher Mayor doesn’t disclose detailed fee information on its website. It does mention that commissions are applied to the Standard, VIP, and ECN accounts, but the exact commission rates are not provided. Personally, I would prefer more transparency when it comes to fees, especially because hidden fees can significantly impact my profitability.
Does Sicher Mayor offer a demo account?
Unfortunately, Sicher Mayor does not offer a demo account. As someone who likes to test platforms before committing real funds, this is a significant drawback for me. I believe demo accounts are essential for new traders to get comfortable with the platform without risking real money.
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