Brokers  /  Silicon Markets

Silicon Markets

Severe risk
🇬🇧 United Kingdom · 5-10 years · since 2019-09-10 · Silicon Markets Ltd.
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
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Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot/5
Forex Peace Army/5
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No sign that Silicon Markets actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Listed as “Clone Firm” in industry watchdog records
  • Identified as a clone / impersonator firm
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSilicon Markets Ltd.
Headquarters🇬🇧 United Kingdom
Founded2019-09-10
Years operating5-10 years
Employees0
Official websitesiliconmarkets.ai
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
111, Baker Street, 1st Floor, W1U 6SG London United Kingdom

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FCAForex Execution License (STP)613381United Kingdom

Review analysis AI

Silicon Markets presents a high-risk profile due to an unverified FCA licence and a business model that appears to be signal provision rather than direct brokerage. The lack of independent reviews and the promise of market-beating returns are significant warning signs. Until regulatory status is confirmed and credible user feedback emerges, this entity is not suitable for cautious traders.

Not for
  • Traders seeking a regulated and transparent broker
  • Investors requiring verifiable performance records
  • Anyone risk-averse or unfamiliar with automated signal providers
Period:

Real user reviews

Where Silicon Markets operates

Based on its licenses and complaint records.

🇬🇧 United Kingdom Licensed

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Silicon Markets

Who Is Silicon Markets?

Silicon Markets is registered in the United Kingdom and reports a founding date of 10 September 2019. Its official domain is siliconmarkets.ai. The company describes itself as an automated signal provider platform that aims to generate significant investment returns for clients, claiming a strategy that outperforms the market and executes in a fraction of the time traditional analysts take. Despite the name 'Silicon Markets', the core business appears to be signal provision rather than direct brokerage services.

This distinction is important for traders evaluating the entity. Signal providers typically offer trading recommendations or automated copying of trades, but do not hold client funds or execute trades directly. The regulatory treatment and risk profile differ substantially from a licensed forex broker.

Regulation and Licensing

According to our records, Silicon Markets holds an FCA licence categorised as 'Forex Execution License (STP)', though the status field is blank, which may indicate the licence is not currently active or its details are unverified. The registered address is 111, Baker Street, 1st Floor, W1U 6SG London, United Kingdom, a well-known commercial area used by many financial firms.

In FXCanary's assessment, the absence of a confirmed licence status is a critical concern. A blank or missing status on regulatory records often means the authorisation is either pending, suspended, or the entity is not actually permitted to operate. Traders should always verify a firm's regulatory standing directly on the FCA register before engaging.

Company Background and Online Presence

Silicon Markets has been active since 2019 and maintains a presence on major social media platforms: Facebook, Instagram, LinkedIn, Twitter/X, and YouTube. This broad social footprint is common for modern financial firms, but it does not substitute for regulatory clarity. The company description highlights an ambition to 'beat the market' using automated signals, language that echoes many unregulated or high-risk investment schemes.

We could not locate a substantial independent body of user reviews or public discussion about Silicon Markets. This absence of external feedback is itself a red flag, especially for a firm that has been registered for over five years. Legitimate brokers typically accumulate some verifiable client testimonials, regulatory actions, or forum discussions over that period.

What Silicon Markets Offers (According to Its Own Materials)

Based on the limited information provided, Silicon Markets positions itself as an automated signal provider. It claims to offer a proprietary strategy that can replicate the work of human analysts within a short time frame, implying a high-frequency or algorithm-driven approach. No specific account types, platforms, instruments, or funding methods are listed in our records, and we have not reviewed the firm's website directly.

Because we lack firsthand access to the site, we cannot verify the claims made about the strategy's performance or the mechanics of the signal service. Traders should request full details directly from the firm and treat any performance projections with extreme scepticism, as past results (if any) are not indicative of future success.

Risk Assessment and Final Considerations

FXCanary's Scam Risk Score for Silicon Markets is 85 out of 100, classified as 'Severe'. This score reflects the combination of an unverified FCA licence, the contradictory nature of the entity (signal provider vs. broker), and the lack of independent user feedback. The promise of 'massive investment returns' and the ability to 'beat the market' are classic hallmarks of high-risk or potentially fraudulent schemes.

Traders considering any involvement with Silicon Markets should conduct exhaustive due diligence. Verify the FCA licence status on the official register, demand audited performance records, and be wary of any upfront fees or pressure to deposit funds. In the absence of transparent, verifiable information, the safest course is to avoid this entity entirely.

Overview compiled by FXCanary from regulatory records and public data. full Silicon Markets review