SafeIg-Overview of Minimum Deposit, Leverage, Spreads

General Information

SafeIg is allegedly a broker registered in the Marshall Islands that provides its clients with the SirixTrader trading platform, various tradable assets, as well as a choice of six different account types and 24×5 customer support services.

Market Instruments

SafeIg advertises that it offers different classes of trading instruments in financial markets, including forex, commodities and cryptocurrencies.

Account Types

There are six live trading accounts offered by SafeIg, namely Basic, Silver, Gold, Platinum, Diamond and VIP (invitation only). Opening a Basic account requires the minimum initial deposit amount of $500, while the other five account types with the minimum initial capital requirements of $10,000, $50,000, $100,000 and $250,000 respectively, as well as the VIP account about which no further information is given directly.

Trading Platform Available

When it comes to trading platforms available, instead of the worlds most widely-used MetaTrader4 and MetaTrader5 platforms, SafeIG gives traders the only choice of SirixTrader. Compared with MT4 and MT5, SirixTrader lacks automated trading, instead, it features social trading, which allows you to see the top traders on the platform and copy their strategies.

Deposit & Withdrawal

From the logos shown at the bottom of the home page on SafeIg‘s official website, we found that this broker seems to accept deposits and withdrawals via VISA, MasterCard, Wire Transfer, American Express, Maestro and e-payments. The minimum deposit amount is $500. Note that if a deposit was made by a card, the funds will be sent only to the same card. While the funds deposited with a bank wire transfer will be sent only to the original bank account. Also, a withdrawal will be sent only the same way the funds were deposited and Every withdrawal request must be done through the trading account and not by mail. However, the broker reveals that there are no withdrawals allowed until a trading volume of 500 times the Bonus is reached. As for the processing time of withdrawal requests, it usually takes 4-7 business days to appear in the client’s bank account or bank card.

Fees

SafeIg says it shall be entitled to receive the fees from the clients regarding the services provided by the company. To be more specific, it will charge a Bank Transfer fee of not more than €25, as well as the account with none of the operations are fulfilled on the trading platform of the company by the clients for 90 calendar days in a row will be deemed as inactivity account and be charged an inactive fee of €50 annually. Such annual fee shall be not more than the total balance of the clients accounts.

Customer Support

SafeIgs customer support can be reached through telephone: 442039662801, email: support@safeig.com or send messages online to get in touch. Head Office: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.