Slyag.com Review: This In-Depth Evaluation Leaves No Stone Unturned

Slyag Review

Finding the right broker can be challenging, especially among those trying to scam you. Knowing the differences between trustworthy and unreliable brokers can help you recognize the scam before it happens. That is why our Slyag.com review, like every other, delves deep into the broker’s profile. 

Another broker you should be on the lookout for is DBFX, so if you come across them, we advise you to stay as far away as possible. 

Who Is Slyag.com?

Slyag.com presents itself as an online trading platform that offers chances for investing across a range of financial areas, such as equities, FX, cryptocurrencies, and more. However, a deeper look has shown that the firm is nothing more than a skillfully constructed facade created to lure unwary people into its trap. 

Once you deposit your funds, the problem begins. They will delay the withdrawal process for as long as possible, ignore your calls and messages, and above all, it will be like you never existed. These red flags indicate the problem right from the start and awareness is the key. 

Slyag.com Reliable Broker Must Have
Legal name Slyag Transparently displayed in the disclaimer or legal documents
Regulation Unregulated Within your legal jurisdiction – local regulator
Registered in N/A Your country or the country whose license applies in your legal jurisdiction 
Established 2023 The older the domain – the higher the possibility the company is trustworthy
Website slyag.com Domain should be from local or international zones, no .xyz, etc.
Financial Authorities Warnings
  • No official warnings
  • Data is hidden
Phone, email, social media, web form
If a withdrawal is possible No Yes
  • Hidden fees
Transparent fees – list of spread and commissions
If Active on Social Media No Often present on social media
Investor Protection None Compensation fund

Regulation Info

It’s not surprising that this firm operated without a license but what is surprising is that no financial authorities noticed it. Slyag aimed at UK and French investors among other countries, so it’s vital to note that neither the FCA in the UK nor the AMF in France regulated the brokerage. 

That said, due diligence and thorough research are crucial before investing with a company because you never know who is operating the firm behind the screens. Some brokers will ask you to download additional software like TeamViewer or AnyDesk, allowing them to access your personal information. Never download such software, and avoid brokers who ask you to download it. 

Slyag.com Broker Profile

The lack of transparency and regulation with this broker is very concerning and when you top it off with the lack of MT4 or MT5 platforms, it seems like Slyag has nothing to offer. 

The trading conditions don’t seem at all beneficial and when you reconsider everything, you will realize that you will gain nothing while trading with this company. 

Trading Platform Proprietary web trader
Account Types N/A
Financial Instruments On Offer
  • Cryptocurrencies (BTC, ETH, XRP)
  • Indices (S&P 500 Index, Dow Jones Industrial Average, FTSE 100 Index)
  • Commodities (Crude Oil, Natural Gas, Corn)
Maximum leverage N/A
Minimum Deposit N/A
Commissions/Bonuses N/A
Mobile app No
Desktop app No
Autotrading N/A
Demo account N/A
Education or Extra tools None

Is Slyag.com Safe To Trade With?

Brokers like Slyag and FX Tech Trading are very risky, and investing your money with them won’t do you any good. The first red lag we noticed is the lack of regulation, followed by the lack of transparency, bad trading conditions, and negative feedback from previous traders. 

All of them together make Slyag very unreliable, and it’s a huge benefit to traders that they are no longer operational. If you reach out to us, you can forget about brokers like this and start trading by yourself, with the help of our amazing AI bot. 

Who Are the Traders They Cater To?

Companies like Slyag.com tend to cold-call traders, several times a day. They will build a trusting relationship with you and then try to persuade you to invest everything you have. Their only goal is to take your money and leave you penniless. 

Nations that this scammer was operating from include the United Kingdom, Ireland, the Netherlands, Belgium, and France. Operating from these nations is not possible without the proper licenses and adhering to certain rules, however, this broker was operating without any type of license. 

Deposits and Withdrawal Methods

Depositing your funds with brokers like Slyag can only end in you losing the money. If you request a withdrawal, the chances you will receive the money are very low, so avoid brokers like this altogether instead of wasting your time. 

Never trade with brokers that don’t accept credit/debit cards because filing a chargeback will be impossible if anything happens. Scammers usually use virtually untraceable payment methods, like cryptocurrency, so pay attention and read everything before investing. 

Can I Make Money While Trading Online?

Making money while trading online might seem easy, however, there are lots of key points to take into consideration. First, educating yourself is of the utmost importance because getting into trading blindly can only result in a huge financial loss. Second, make a plan. Without a strategic approach, you can be the smartest trader in the world, but it will mean nothing if you don’t have a plan. 

Try our innovative AI bot instead of going through the hassle of trading with unreliable brokerage companies. It can be your best friend in trading and it’s suitable for both beginners and experienced traders. It can collect historical asset prices and data from charts, allowing it to predict future prices based on technical analysis. 

For the first 100 traders who contact us, we provide a 14-day free trial without obligation so they may sample its advantages. Forget about struggling and enter the profitable trading of the future. 

FAQ Section

What is Slyag.com?

Slyag was an unreliable brokerage company lacking transparency, regulation, and many other beneficial things.

Is Slyag.com legit?

No, Slyag is not a legitimate trading company.

How Does Slyag.com Work?

Slyag.com operates as an online trading platform that allows users to trade a variety of financial instruments.

Turn Your Trading Skills
Into Capital!
Unlock funded trading accounts now
your Success, our Investment!
Content navigation