SGT Markets is an online forex and CFDs broker that has been offering traders easy access to different financial markets, such as forex, metals, energies, stocks, indices, commodities, and CFDs, since 2006. They provide the MetaTrader 4 trading platform, as well as some useful trading tools and educational resources. SGT Markets has a professional client support team that assists traders when needed. They have spreads that start from 0.0 pips and leverage of up to 1:400. The minimum deposit required to operate an account is $500.
SGT Markets Review Introduction
In this SGT Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
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SGT Markets Platforms & Tools
SGT Markets provides traders with the MetaTrader 4 trading platform, a widely used platform launched in 2005 but has become the industry standard in recent times. The platform is packed with a vast array of useful trading tools that make trading easier. The broker makes the MT4 trading platform available as a mobile app that is compatible with iPhone, iPad, and Android devices and can be freely downloaded from the respective app stores. Being a mobile platform makes it possible for traders to easily place trades and check trading positions even while on the move, provided there is an internet connection.
There is also the MAM/PAMM trading platform for managing multiple accounts and distributing equity and trades across them. Traders also benefit from some trading tools in addition to those built into the MT4 trading platform, and they include Fix API, FX Asset management, VPS solution, MyFXBook Integration, and more.
SGT Markets Research & Education
The broker provides traders with a good selection of educational resources that help to improve their knowledge of the financial markets. These include market news, videos, articles, and an FAQ section that answers some of the most common questions that traders have.
SGT Markets Trading Accounts
Traders can open the Direct Account or Prime Account with minimum deposits of $500 and $1,000 respectively. Swap-free accounts that comply with the sharia law are available upon request. Demo accounts are also provided for practice purposes.
SGT Markets Account Funding
Deposit and withdrawal requests at SGT Markets are processed through the following payment methods: bank transfer, credit/debit cards, and online payment processors, such as Neteller, Skrill, FasaPay, PerfectMoney, and more.
SGT Markets Customer Service
The broker’s client support team is always on hand to assist traders. They can be contacted through the following contact channels: telephone, email, Live Chat, and social media.
SGT Markets Regulation
SGT Markets is the brand name of Sterling Gent Trading Limited, which is authorized and regulated by the Financial Services Commission of the British Virgin Islands under the Securities and Investment Business Act of 2010 with the license number: SIBA/L/11/0987.
SGT Markets Review Summary
Based in Bermuda, SGT Markets is a retail trading broker that offers multiple financial assets for trading via the MT4 trading platform. Traders benefit from favourable trading conditions, such as multiple account options and leverage of up to 1:400. The broker provides a selection of trading and learning tools to enhance clients’ trading experience, while a knowledgeable client support team is available to assist traders at any time.
It is worth mentioning that some of the trading products and services in this SGT Markets review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the SGT Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.