WikiFX

Sagot

Based on my review of SIBL’s available public information, I was unable to find any clear, specific details regarding deposit or withdrawal methods like credit cards, PayPal, Skrill, or cryptocurrencies. For me as a trader, this lack of transparency immediately raises concerns about their reliability and accessibility, especially since secure and convenient funding options are essential for any forex operation. What reinforces my caution is SIBL’s profile: they operate out of Bangladesh, have a 5-10 year presence, and—most critically—do not hold a valid regulatory license according to widely-accepted oversight practices. Their regulatory score stands at zero, and there are official warnings about a suspicious license and high potential risk. In my experience, when a broker is not upfront about such fundamental aspects as payment methods, and when this is coupled with a lack of regulatory safeguards, it becomes very difficult to trust the safety of client funds. Personally, I would not proceed with opening or funding an account with SIBL unless they provide clear, verifiable information about available transaction methods and demonstrate substantial improvements in transparency and regulation. For now, the inability to verify even basic deposit and withdrawal avenues is a significant red flag for me.