SGTMARKETS

About company:

Sterling Gent Trading Ltd (SGT Markets) is a Forex and CFD broker that offers trading solutions using a variety of trading technologies for both large institutional traders and newbies.

 

Products and services:

SGT Markets offers over 100 instruments for trading, including currency pairs, gold, silver, oil, indices, and more.

 

History of the company:

SGT Markets was founded in 2006 and is a licensed, regulated online broker specializing in the Forex (FX) and CFD markets, including metals, oil and equity indices. The company has all the necessary licenses, the activities are regulated by the Financial Services Commission of the British Virgin Islands.

 

Asset security:

The assets of the company's clients are reliably protected. Clients' funds are segregated from corporate operating accounts, and the company has bank accounts with large and reliable financial institutions. In addition, SGT Markets fully complies with all anti-money laundering requirements and international AML practices, and clients go through a verification procedure.

 

Accounts and currencies:

There are two types of accounts available to clients: STP and ECN. Account currencies USD, EUR, GBP. It is also possible to register an Islamic account.

 

Minimum deposit

The deposit starts from $ 500 for DIRECT accounts and $ 1000 for PRIME accounts.

 

Spreads and commissions

Spreads for DIRECT accounts from 0.7, for PRIME accounts from 0.0 pips. The commission is present only on accounts of the PRIME category - $ 6 per lot. It should be noted that work on both types of accounts is carried out without the participation of a dealer and without requotes.

 

Leverage

Leverage is set to 400: 1

 

Trading PlatformsMetaTrader4IntegralCurrenexSGT MarketsFIX APISupport

You can contact support by phone, email or ask a question in the chat. Support staff speak Russian.

 

Reviews of traders

We managed to find both positive and negative reviews about the broker's work:

 

Zalyubin:

“Sterling Gent Trading Ltd has been on the market for a long time, and I have been working with it for a couple of years. Regarding the decency of the company - the broker withdraws money, that's for sure. As for the quality of execution of transactions, there are moments, but completely insignificant ones. In other companies there will be more. "

 

Novel:

“I don’t think Sterling Gent Trading Ltd is dishonest. Since 2006 he has been working and has a license. If it hadn't gone well, it would have ceased to exist long ago. "

 

raphel:

“An extremely unreliable broker. Nothing but sweet talk, nothing more. Covert fraud. "

 

Michael:

“They collect money for several months, then zero the profit and everything starts over. Complete KIDALOVO !!! "

 

Pros:

 

availability of a license; a wide range of trading instruments; simple deposit options; low-cost trading with spreads on Forex instruments from 0.0 pips; expert advisors (EAs) and scalping; lack of requotes; the possibility of hedging for all instruments; trading signals, news, training.

 

Minuses:

 

large initial deposit; to minimize commissions, large amounts on accounts and significant turnovers are needed; no cash insurance; weak free analytics.