SGT Markets, founded in 2006, is a licensed and regulated foreign exchange and contract for difference broker that provides trading solutions to institutional and individual traders through a range of trading platforms. Numerous account types are available, all of which need a $500 minimum deposit to open.
SGT Markets is a regulated online trading broker that offers customers access to over 100 financial instruments through the MT4 trading platform, including currency pairs, metals, energy, equities, indexes, and commodities.
Additionally, traders will have access to a variety of trading and educational tools, as well as a dedicated customer support staff. They provide a 0.0 pip spread and leverage of up to 1:400.
SGT Markets Regulation
Sterling Gent Trading Ltd. is the brand name of SGT Markets, which is licenced and regulated by the British Virgin Islands Financial Services Commission according to the Securities and Investment Business Act of 2010. SIBA/L/11/0987 is the licence number.
Customer Support
SGT Markets staffs skilled customer service professionals who respond quickly to traders’ queries. They may be contacted by telephone, email, Live Chat, or social media.
SGT Markets Trading Tools
SGT Markets offers a variety of helpful trading tools to help clients maximise their trading experience. There are many of them, including the Fx API, FX Asset Management, VPS Solutions, and MyFXBook integration.
On the broker’s website, there is a nice variety of instructional materials. There are market headlines, videos, articles, a Frequently Asked Questions section, and other tools available.
Asset Class and Platforms
SGT Markets offers trading in forex, metals, energy, equities, indexes, and commodities.
This broker provides MetaTrader 4, one of the most widely used and well recognised Forex trading platforms. The broker optimises the platform for mobile devices.
Additionally, there is the MAM/PAMM trading platform, which allows you to manage several customers’ accounts concurrently while transferring equity and transactions smoothly across them.
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SGT Markets Account Types
Clients may choose from a variety of account types to suit their trading requirements. The Direct Account and Prime Account need a minimum deposit of $500 and $1,000, respectively. On request, swap-free Sharia-compliant accounts are available. Additionally, a practise account is available.
Due to the fact that broker fees fluctuate, there may be extra costs not included in this review. Be certain that you have checked and understood all current information before opening an SGT Markets broker account for online trading.
Payment Methods
- Funds transfer through bank
- Additionally, credit and debit cards are accepted
- Neteller, Skrill, FasaPay, and Perfect Money
Verdict
This broker, based in Bermuda, is an online trading broker that uses the MT4 trading platform to enable traders to trade a broad variety of financial assets. They provide a variety of account types with a minimum deposit of $500 and leverage up to 1:400. Traders have a plethora of trading and educational materials at their disposal.
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