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The Virgin Islands2-5 years
Regulated in The Virgin Islands
Retail Forex License
MT4/5 full license
Medium potential risk
|Risk Management Index||8.90|
+44 800 298 7925
Sterling Gent Trading Ltd
Platform registered country and region
The Virgin Islands
Pyramid scheme complaint
General Information & Regulation
SGT Markets are an online broker specializing in liquidity and trade execution services for the Forex, CFD, Metals and Crude Oil markets, established in 2006 and currently regulated offshore by the Virgin Islands Financial Services Commission (Regulatory Number: SIBA/L/11/0987).
SGT Markets offers investors some popular tradable instruments in the financial markets, including forex (over 100 tradable currency pairs), metals, energies, stocks, indices, and commodities.
SGT Markets Minimum Deposit
To meet different investors' investment needs and experience, SGT Markets has set up two different account types, namely Direct Account and Premium Account, with a minimum deposit of $500 for Direct Account and $1000 for Premium Account.
SGT Markets Leverage
In terms of trading leverage, the maximum leverage offered by SGT Markets is up to1:400, which is considered high. Its not very advisable for a beginner to start with high leverage because of the inexperience and high probability of losing their investments very fast.
Spreads & Commissions
The minimum spread for direct accounts starts from 0.9 pips, and no commission is charged for trading on this account. For Premium accounts, the spreads start from 0.0 pips, and a commission of 6 USD is charged for each lot traded. SWAP is calculated as follows: SWAP = (number of lots traded X closing price set by SGT Markets X LIBOR) / number of days (365 days).
SGT Markets Trading Platform
SGT Markets provide traders with trading platforms such as Equinix LD4 and NY4 servers, FXI API, MAM Multi-Terminal System, MT4, MT4 Mobile, etc. Therefore, Traders are free to choose a suitable one.
Deposit & Withdrawal
SGT Markets provide traders with a variety of fast and convenient deposit and withdrawal channels, mainly VISA & MASTERCARD (supporting USD, EUR, GBP, 2.5% deposit fee / 2% + 10 withdrawal fee, instant arrival), NETELLER (supporting USD, EUR, and GBP, 4% deposit fee per transaction / 4% withdrawal fee per transaction ). Withdrawals are subject to a 2% (min. $1) commission , instant arrival), Skrill (supporting USD, EUR and GBP, 4% transaction fee for deposits / 1% transaction fee for withdrawals), Wire Transfer (accepting all currencies, deposit fees may apply / withdrawal fees are subject to a minimum of $25 and a maximum of 1%, up to 24 hours), Perfect Money (supporting USD, EUR, no fees for deposits/0.50% fees for withdrawals, 6-12 hours), Wirewallet (supporting EUR, no fees, up to 24 hours), Fasapay (supporting USD, 0.5% fees per transaction for deposits/fees for withdrawals, instant arrival), CASHU (only supporting USD, no commission for deposit and withdrawal, processing time up to 24 hours).
SGT Markets provides traders with a range of trading tools that are geared at enhancing their overall trading experience, including Fix API, FX Asset Management, VPS Solutions, MyFXBook integration, and more.
SGT Markets provide traders with a knowledgeable client support team to respond promptly to clients needs. They can be contacted via telephone, email, Live Chat, and social media.
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