General Information
Soyam Trade Limited Is A Newly Established Forex Brokerage Company That Purportedly Offers Clients Multiple Financial Marekts Such As Forex, Precious Metals, Futures, Cryptocurrencies, Etc. Through The Leading Mt5 Trading Platform With Leverage Up To 1:400.
As Far As We Know, Soyam Is Not Subject To Any Regulatory Authority, So This Bit Of Data Has Been Resolved.
Market Instruments
There Are Four Categories Of Trading Assets To Choose From With The Soyam Platform, Which Include: Forex, Precious Metals, Futures, Cryptocurrencies
Open An Account
According To Soyam, A Client Can Register Up To One Trading Account. To Open An Account, You Can Visit The Official Website Of This Broker Through The Internet, Click Register A Real Account, Fill In Some Required Personal Details, And Complete The Registration Of The Trading Account.
A Demo Account Is Also Provided, Allowing Beginners To Get A Feel For This Broker Without Risking Real Money.
Leverage
When It Comes To Trading Leverage, Soyam Allows Traders To Use Leverage Up To 1:400, Which Is Much Higher Than What The Vast Majority Of Regulators Consider Appropriate. Offering High Leverage Is A Typical Strategy For Offshore Business, And The Only Reason This Broker Does It Is To Attract Clients.
Spreads And Commissions
As For This Part, Soyam Is Keeping Commissions And Spreading The Word To Us.
Trading Platform
Soyam Offers The Leading Mt5 Trading Platform, Which Is The Most Popular In The World. Some Of The Standout Features Shared By Mt4 Include A Powerful Charting Package, The Ability To Use Automated Trading Robots (expert Advisors), And The Flexibility Of The Interface.
Deposits And Withdrawals
Soyam Is Vague About The Payment Methods That Support Customer Deposits And Withdrawals. Soyam Says That It Supports All Bank Customer Deposits. The Daily Fund Limit Is Subject To The Amount Stipulated By Your Bank.
If You Want To Withdraw Funds, You Need To Contact The Platform Broker. The Deposit Time Depends On The Investor's Bank And Takes About 1-5 Working Days.
Customer Support
Traders With Any Questions Or Trading-related Issues Can Contact Soyam Through The Following Channels:
Email: Service@soyam-fx.com
