Regulation and security
Seikomprioritizes security and regulatory compliance to maintain a trustworthy and transparent trading environment. The broker is fully licensed by two respected financial authorities: the UK’s Financial Conduct Authority (FCA), with registration number 02856884, and the U.S. Securities and Exchange Commission (SEC), with registration number 8-48578. The broker’s licenses mandate adherence to rigorous standards, covering financial stability, data protection, and ethical business practices.
The FCA and SEC impose rigorous reporting and auditing requirements, ensuring that the broker’s activities are constantly monitored and scrutinized. This reduces the risk of fraudulent activities and enhances the protection of client funds. Additionally, Seikom follows industry-standard encryption protocols to safeguard user data and financial transactions, further reinforcing its commitment to maintaining a secure trading environment.
Seikom Tradable instruments
Seikom offers a wide range of tradable instruments, catering to various trading strategies and preferences. Clients can access major and minor currency pairs, allowing for extensive forex trading opportunities. Additionally, the broker provides access to popular commodities such as gold, silver, and oil, as well as a selection of global stock indices.
For those interested in equity trading, Seikom offers shares from leading companies around the world, including stocks from the U.S., European, and Asian markets. In addition, traders can explore trading in cryptocurrency markets, with several popular digital currencies available for trading. This diverse range of instruments allows traders to diversify their portfolios and explore different markets, depending on their trading style and risk tolerance.
Account types and fees
Seikom offers several account types to cater to traders of different experience levels and investment goals. Each account provides distinct features and benefits, including varying minimum deposit requirements and leverage ratios.
- Standard Account
- Minimum Deposit: $500
- Leverage: 1:5
- Suitable for beginners, providing access to basic trading tools and customer support.
- Amateur Account
- Minimum Deposit: $5,000
- Leverage: 1:5
- Ideal for traders with some experience, offering educational resources and one risk-free trade per month.
- Professional Account
- Minimum Deposit: $25,000
- Leverage: 1:10
- For more experienced traders, providing advanced tools, personal analyst support, and additional risk-free trades.
- Ruby Account
- Minimum Deposit: $100,000
- Leverage: 1:33
- Tailored for ambitious traders, featuring high-level analysis, additional risk-free trades, and trading bots.
- Emerald Account
- Minimum Deposit: $500,000
- Leverage: 1:50
- Designed for professional traders, offering unlimited trading signals, personalized plans, and managed accounts.
- Dragon Account
- Minimum Deposit: $1,000,000
- Leverage: 1:100
- The top-tier account, providing access to multiple analysts, advanced trading bots, and a dedicated business plan.
- Halal Account
- No minimum deposit required
- Leverage: Varies
- Specially designed to comply with Islamic law, this account offers interest-free trading conditions, without swaps or hidden fees.
Fees
Seikom applies competitive spreads depending on the account type, with lower spreads available for higher-tier accounts. Trading commissions vary based on the instrument and account package. Additional fees may apply for withdrawals, depending on the method chosen. Always check the broker’s fee structure for detailed information on each account type.
Education in Seikom
Seikom places a strong emphasis on trader education, offering a range of resources to help clients enhance their trading knowledge and skills. The company provides both beginner-friendly and advanced learning materials tailored to different levels of experience.
- Educational Articles and Guides
Seikom offers a wide selection of written content, including articles and detailed guides on various trading topics, from the basics of financial markets to advanced strategies. These resources aim to help traders understand the fundamentals of trading and develop more sophisticated techniques. - Webinars and Video Tutorials
Regular webinars and video tutorials are available for clients, covering a variety of topics such as market analysis, risk management, trading psychology, and specific strategies. These sessions are conducted by experienced traders and market experts, providing valuable insights for both beginners and seasoned traders. - Personalized Coaching
For those who prefer more tailored guidance, Seikom provides access to one-on-one coaching sessions with professional trading mentors. These personalized coaching sessions can help traders refine their skills and strategies, answer specific questions, and receive advice on how to optimize their trading performance. - Demo Accounts
Seikom offers demo accounts, allowing new traders to practice and familiarize themselves with the trading platform and market dynamics without risking real money. The demo account provides an excellent opportunity for clients to build confidence before transitioning to live trading.
Conclusion on Seikom
Seikom is a reliable and well-regulated broker, offering a range of trading services suitable for both beginners and experienced traders. With licenses from the Financial Conduct Authority (FCA) and the U.S. Securities and Exchange Commission (SEC), the company adheres to high standards of security and transparency. Seikom provides a variety of tradable instruments, including forex, stocks, and cryptocurrencies, with competitive spreads and leverage options up to 1:100.
The broker offers multiple account types, catering to different trading needs, from basic accounts for new traders to advanced packages for professional traders. While Seikom offers a wide range of services and resources, its fees and commissions, though reasonable, can vary depending on the account type. Overall, the broker presents a solid option for traders looking for a secure and transparent trading environment.
I like that they offer crypto options like Bitcoin and Ethereum. It’s not too complicated to trade, and the app makes it easy to monitor on the go.
Ryan
18.12.2024
ReplyI was hesitant about trying Seikom since I’ve had bad experiences with brokers before, but they’ve been great so far. The trading tools are simple but effective, and I like that they offer crypto options alongside traditional forex pairs. The mobile app could be more polished, but overall, I can monitor my trades and execute orders without any major issues.
Daniel
21.11.2024
ReplySeikom is decent. Orders go through without any hiccups, even during news spikes. Withdrawals are on time, and support is quick to respond if you mess up.
Alex
23.09.2024
ReplySeikom has been a good choice for me as a beginner. Their demo account helped me practice without stress, and when I switched to live trading, the process was smooth. I’ve made a couple of withdrawals already, and they came through without delays. Customer support has also been helpful whenever I had questions, which is important when you’re just starting out.
Mark
03.09.2024
ReplyWithdrawals work fine, trading tools are okay, and execution is fast. Not perfect, but I’ve seen much worse. Would recommend to anyone starting out.
Liam
16.08.2024
Reply