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SGT

The Virgin Islands|5-10 years|
Retail Forex License|MT4 Full License|Regional Brokers|Medium potential risk|Offshore Regulated|

https://sgt.markets/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

SGTMarkets-Demo

France
MT4
3

Influence

C

Influence index NO.1

Italy 3.01

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
SGTMarkets-Demo MT4
Server Location France

Influence

Influence

C

Influence index NO.1

Italy 3.01

Surpassed 79.67% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 800 298 7925
https://sgt.markets/
Craigmuir Chambers Road Town, Tortola, VG1110 British Virgin Islands
https://www.facebook.com/TheOfficialSGT

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
SGT
Brokereo
MRG LTD

Contact number

English

+44 800 298 7925

Broker Information

More

Company Name

Sterling Gent Trading Ltd

Company Abbreviation

SGT

Platform registered country and region

The Virgin Islands

Company website
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Facebook
Linkedin

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WikiFX Risk Alerts
Previous Detection : 2024-04-24
  • The The Virgin Islands FSC regulation with license number: SIBA/L/11/0987 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

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SGT · Company Summary

Company Summary

Company profile

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).

Market Instruments

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.

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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).

Trading Tools

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.

Customer Support

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.

User Reviews

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4

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半杯浊酒,半碗茶
more than one year
I am just new to this broker for about 4 days. My experience was totally awesome. I have done some tests for my withdrawals and they were all successful.
2023-02-22 14:11
Reply
0
0
乐子
more than one year
Good spreads and an excellent mt4 platform, but the regulation seems to be offshore regulatory, and the $/€/£500 minimum deposit is too high. The worst is that they charge deposit and withdrawal fees while most brokers will charge nothing.
2022-11-24 14:39
Reply
0
0
勇闯天涯30848
more than one year
I want to thank SGT Markets, they are very patient and professional. Thanks Abel, he helped me complete my account registration quickly, once I had any problems he always was there to help me. I was quite satisfied with the trading environment, making me feel relaxed…
2022-11-24 10:10
Reply
1
0
FX1012875549
more than one year
So far I think SGT Markets is a good broker! The transaction costs are all within a reasonable range and will not make users sad hahaha, after all, forex trading platforms must also be profitable. The fly in the ointment should be that their regulatory license is not that strict. It is hoped that the license for onshore supervision can be obtained as soon as possible.
2022-11-21 09:42
Reply
0
0
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