Unlimited Sigs is a CFD broker whose official website domain was registered on September 11, 2023. The broker mainly provides investment services to investors in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries and regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the official information of Unlimited Sigs (unlimitedsigs.live), the broker was established in 2016 and claims its corporate entity is VLS, regulated by the Australian Securities and Investments Commission (ASIC). Apart from this, the broker has not disclosed its entity registration information or detailed regulatory information.
Upon verification, no regulated company named "VLS" was found with the Australian Securities and Investments Commission (ASIC).
Therefore, Unlimited Sigs (unlimitedsigs.live) is actually a fraudulent broker website without a corporate entity or any regulation.
Account Opening Process
The account opening process for an Unlimited Sigs trading account involves visiting the broker's website, clicking "Open Account" on the homepage or "SIGN UP" at the upper right corner of the webpage. Then, fill in personal information such as name and email, set a login password, and submit. After account verification, the registration is successful.
Trading Instruments
Unlimited Sigs offers its clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. By exploring popular indices, one can discover diverse trading opportunities and utilize high leverage to enhance potential returns.
- Commodities: Commodity trading covers key global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to engage in price fluctuations and dividends based on company performance, without holding the actual stock.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
Unlimited Sigs offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: £500
- Minimum expected profit: £3,500
- Maximum expected profit: £5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
CLASSIC ACCOUNT:
- Minimum deposit: £5,000
- Minimum expected profit: £45,000
- Maximum expected profit: £50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
PLATINUM:
- Minimum deposit: £10,000
- Minimum expected profit: £99,999
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals daily
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payments only
- Usable with any broker
Trading Platform
Unlimited Sigs provides a self-developed trading platform and claims an average order execution speed of less than 7.12 milliseconds. The platform boasts an extensive liquidity pool and executes more than 12,000 orders per second.
Deposits and Withdrawals
Unlimited Sigs does not support deposits and withdrawals via credit cards or bank wire transfers. It only supports transactions through cryptocurrencies.
Conclusion:
Traderknows reminds investors that Unlimited Sigs is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.