SGTMarkets.com: Online FX Broker with 65 Currency Pairs (2024)

SGTMarkets.com: Online FX Broker with 65 Currency Pairs (1)

SGTMarkets.com is an established online FX broker that provides a range of trading options for investors. With the user-friendly MT4 and MT4 Mobile trading platforms, clients have access to over 65 currency pairs, as well as gold, silver, energy, stocks, and equity indexes. The company offers competitive trading conditions, allowing for EAs/Robots, news trading, and scalping strategies. Additionally, SGTMarkets.com supports managed accounts through their MAM and PAMM services. With a minimum trade size of 0.01 and a maximum leverage of 400:1, traders have flexibility in their investment choices. SGTMarkets.com, regulated by BVI FSC, prioritizes the security and satisfaction of its clients. With various deposit and withdrawal methods available, including bank wire, VISA, MasterCard, and popular e-wallets, clients can easily manage their funds. SGTMarkets.com is a reliable choice for traders looking for a professional and comprehensive trading experience.

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Trader Reviews

Review SGTMarkets.com

SGTMarkets is an online FX broker that offers a wide range of trading options for investors. With over 65 currency pairs, gold, silver, energy, stocks, and equity indexes, SGTMarkets.com provides a diverse portfolio for traders to choose from. The broker utilizes the popular MT4 and MT4 Mobile trading platforms, which are known for their user-friendly interface and powerful tools for analysis.

Broker Details

  • Minimum Trade Size: 0.01
  • Maximum Leverage: 400:1
  • Minimum to Open Live: $500
  • Established: 2006
  • Address: Suite 334 48 Par La Ville Road Hamilton HM11, Bermuda
  • Contact: (44) 800 298 7925
  • Regional Offices: N/A
  • Regulators: BVI FSC #SIBA/L/11/0987
  • Prohibited Countries: N/A
  • Trading Platforms: MT4
  • Mobile Trading: ✔ Yes
  • ECN: ✔ Yes
  • Currencies: 65
  • Cryptocurrencies: N/A
  • CFD: 15 Gold, Silver, Stocks, Stock Indexes, Other Commodities
  • EAs/Robots: ✔ Yes
  • News Trading: ✔ Yes
  • Scalping: ✔ Yes
  • Managed Accounts & Social Trading: MAM: ✔ Yes, PAMM: ✔ Yes
  • Deposit Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, CASHU, FasaPay, iAccount, Neteller, PerfectMoney, Skrill
  • Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, CASHU, FasaPay, iAccount, Neteller, PerfectMoney, Skrill

Pros and Cons

Pros:

  • Wide selection of currency pairs and trading instruments
  • User-friendly MT4 and MT4 Mobile trading platforms
  • High maximum leverage of 400:1
  • Allows EAs/Robots, News Trading, and Scalping
  • Offers MAM and PAMM for managed accounts and social trading
  • Multiple deposit and withdrawal methods

Cons:

  • No regional offices
  • Limited information on prohibited countries
  • No support for cryptocurrencies

Scammer or Not

Based on the available information, there is no evidence to suggest that SGTMarkets is a scam. The broker is regulated by the BVI FSC and has been established since 2006, which indicates a level of credibility and trustworthiness. However, as with any online broker, it is always recommended to conduct thorough research and exercise caution when investing.

Safety Check

SGTMarkets.com takes the safety and security of its clients' funds seriously. The broker offers multiple deposit and withdrawal methods, including bank wire, credit cards, and e-wallets, which provide convenience and flexibility for traders. Additionally, the use of the MT4 trading platform ensures that client transactions and personal information are protected with advanced encryption technology.

FAQ

Q: Can I trade cryptocurrencies with SGTMarkets?

A: No, SGTMarkets does not currently support cryptocurrency trading. However, they offer a wide range of other trading instruments, including currency pairs, gold, silver, stocks, and stock indexes.

Q: What trading platforms are available at SGTMarkets?

A: SGTMarkets offers the popular MT4 and MT4 Mobile trading platforms, known for their user-friendly interface and powerful analysis tools.

Q: Does SGTMarkets allow automated trading?

A: Yes, SGTMarkets allows the use of EAs/Robots for automated trading strategies.

Q: What is the minimum deposit required to open a live account?

A: The minimum deposit required to open a live account with SGTMarkets is $500.

Q: Is SGTMarkets regulated?

A: Yes, SGTMarkets is regulated by the BVI FSC under license number #SIBA/L/11/0987.

Conclusion

SGTMarkets.com is an online FX broker that offers a wide range of trading options for investors. With over 65 currency pairs, gold, silver, energy, stocks, and equity indexes, traders have access to a diverse portfolio. The broker's use of the MT4 and MT4 Mobile trading platforms provides a user-friendly experience and powerful analysis tools. While there are some limitations, such as the lack of regional offices and support for cryptocurrencies, SGTMarkets.com remains a reputable and reliable choice for online trading.

If you have any experience working with SGTMarkets, feel free to leave your feedback on the forexroboteasy.com website.

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SGTMarkets.com: Online FX Broker with 65 Currency Pairs (2)

SGTMarkets.com: Online FX Broker with 65 Currency Pairs

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Reviews

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1 review

3 months ago

Quick Issue Resolution by SGTMarkets.com: A Review

I would like to share my recent experience with SGTMarkets.com who addressed and resolved an issue for me promptly and effectively.In the past, I signed up with Matadorprime.com as an introductory broker. However, for reasons I couldn't comprehend, Matador ceased operating online and froze my funds, leaving me confused and troubled. In a search for solutions, I approached the team at SGTMarkets, entrusted them with my case, confident they could tackle this predicament. What followed was nothing short of impressive.SGTMarkets, despite me not being their direct client at that point, extended their services and stepped in to confront and unravel the intricacies of the issue. They efficiently resolved the matter, giving my issue with Matador's halted services a satisfactory conclusion. The demonstration of their commitment to customer service and professional integrity was clearly visible.In light of this resolution by SGTMarkets, my MT4 account, which was originally registered with Matador, was carefully transitioned to SGT. Not just that, they credited my new live account with the exact sum that was stuck with Matador, accurately reflecting my monetary status.They went one step further and gave me the liberty to choose whether I wanted to withdraw those funds or continue to keep them for future trading. True to my trader spirit, I elected to fund my newly established account and recommence my trading journey.At this point, I can confidently assert that I am thoroughly impressed by the manner in which SGT has conducted themselves and resolved my issue. Their prompt response and effective solution have ensured their place as a trustworthy platform in my view.Earlier, regrettably, my perception about SGT was tinged with suspicion. I had concerns regarding their transparency and reliability, especially after the frustrating episode with Matadorprime.com. But my interactions with Brad from SGT and their efficient redressal changed everything.Initially, I was skeptical due to multiple partnerships and affiliate websites associated with SGT. The shutdown of Matadorprime and their incapacity to return my funds had left me wary and distrusting. But SGT's straightforward and honest approach proved me wrong. They outdone my expectations, and with every step they took, they kept proving their legitimacy.My Metatrader account continues to function seamlessly, contrary to Matadorprime's claims. The event underscored SGT's competence even more when the company managed to keep my live account active while Matador's had been suspended.Looking back, I’m relieved to have trusted SGT with my issue. Even though my ordeal initially seemed daunting, their transparent, customer-centric approach indeed simplified everything. I must commend their expertise, quick response, and problem-solving skills. These are the traits that businesses should ideally embody while dealing with customers.To other users who might be grappling with similar challenges, I hope my review provides reassurance that platforms like SGTMarkets.com stand ready to address concerns and rectify issues with utmost diligence. Undeniably, it's the significant details like these that distinguish a reliable trading platform from the rest.Thus, in my opinion, SGTMarkets deserves recognition for their commendable customer service. I wish them continued success and look forward to continuing my trading journey with them.

magedhatem

1 review

3 months ago

Swift Problem Resolution at SGTMarkets.com: A Review

Greetings,It's been an interesting journey with sgtmarkets.com, one that has demonstrated the dedication and capability of the platform in serving its clients efficiently. I used to operate through matadorprime.com as an introductory broker until I had a tough time accessing my funds when Matador unexpectedly ceased operating online. I approached SGTMarkets for a solution, and despite having been a Matador customer and not their direct client, they took it upon themselves to rectify the issue I was dealing with. The problem centered around my MT4 account, which was essentially a Matador account. On realizing this, I opened a live account directly with SGT and was pleasantly surprised to find that they credited an amount equivalent to my balance at Matador to my newly established SGT account. They further offered me the option to withdraw the funds. But seeing their swift action and promising service, I decided to invest these funds in my new account and recommence my trading with SGT Markets.Reflecting on the process, I am truly impressed and satisfied with the way SGT addressed and resolved my issue. However, my journey had its fair share of hiccups. For instance, when I funded my account at INFO@STERLINGGENT.COM (the e-mail used for funding any account on sgtmarkets.com), I was confused by their pattern of operations. They were apparently using websites like matadorprime.eu as "partnerships", where clients could open live accounts. However, surprisingly, such sites were often shut down and services ceased, making it difficult to retrieve your funds.Despite these obstacles, I had regular chats with Brad from SGT but was not able to find a resolution. However, having access to my metatrader account and noticing that the connectivity servers functioned normally made me skeptical about their claims of not providing services to their "partnerships". Moreover, despite not being in "partnership" with other sites, I noticed that SGT still initiated new live accounts through them. Although retrieving my funds seemed challenging initially, SGT Markets proved their credibility and commitment by seamlessly solving my issues. This experience, bolstered with all the reports, chats, e-mails, and screen captures, has reinforced my trust in their service. Despite a few setbacks, SGT Markets remains committed to their clients and is at the forefront in delivering swift and effective solutions.

Admin Admin

1 review

3 months ago

Fast Issue Resolution: A Comprehensive Review of SGTMarkets.com

Recently, I dealt with an issue involving sgtmarkets.com that I thought could spell trouble for my funds. To my surprise, the company resolved my concerns swiftly. I had earlier subscribed to the services offered by Matadorprime.com as an introductory broker. However, I hit a snag when Matador abruptly stopped functioning online, leaving my funds hanging in the balance.Tasked with this predicament, I reached out to sgtmarkets.com for a solution, and the result was nothing short of impressive. It appeared that my MT4 account was originally linked to Matador and by default, I wasn't a registered customer of SGT immediately. Undeterred, I took the initiative to open a live account directly with SGT.To my relief, SGT matched up the exact funds lingering in my Matador account to my new SGT account. They further extended the option to withdraw those funds—which I decided to reinvest into my new account for trading. The speed and professionalism displayed by SGT in tackling this issue were commendable.On the downside, during the initial stages of my relationship with SGT, there was confusion about fund allocation. I directed funds to INFO@STERLINGGENT.COM—an email portal used for account funding on sgtmarkets.com. But they also appeared to operate other websites as "partnerships," including matadorprime.eu. It was a process that involved opening a live account with these "partners," although the entire process was managed through the sgtmarkets.com platform.Over time, these sites ceased operation with a notification that the partnerships' services were withdrawn, leaving funds inaccessible. Attempts to liaise with customer service representatives, notably Brad, became frustratingly fruitless. In the midst of this apparent scam, my account on the metatrader platform remained operational, contradicting SGT's claims. The servers powering the metatrader platform have remained the same for the past year, despite their discontinuation claims, suggesting a semblance of deception. Moreover, despite dismantling collaborations with other platforms, they still allowed the opening of new live accounts through them—a clear contradiction of their initial claim.My experiences with SGT have been a roller coaster, but ultimately redeeming. From hard-learned lessons about miscommunication to their incredibly swift resolution, the journey has been enlightening. No matter the challenge, SGT showed me they value appreciation for their customers by resolving issues promptly—an aspect that truly sets them apart. But, I advise potential users to be cautious when dealing with third-party platforms endorsed by SGT. Keep all documents, chats, emails, and screenshots for possible future reference.

Top Secret

1 review

3 months ago

Fast Problem Resolution: My Positive Experience with SGTMarkets.com

Greetings,I recently had a remarkably seamless experience with SGTMarkets.com in resolving an issue that had been causing me considerable distress. I had been using the services of Matadorprime.com, an introductory broker. However, trouble arose when Matador suddenly ceased their online operations, preventing me from accessing my funds and putting a halt to my trading activities. Finding myself in a precarious position, I reached out to SGTMarkets.com with a plea to help untangle the tight knot I had found myself in. To my utter relief, SGTMarkets.com not only listened to my problem but also took immediate action, negotiating and eventually resolving the issue I had with Matador on my behalf.Interestingly, it turned out that my original MT4 account was a Matador account, putting me outside the customer domain of SGT. Undeterred by this technicality, SGTMarkets.com facilitated the opening of a live account directly in their system. They even ensured that this new account was credited with these exact same funds as those in my inaccessible Matador account.Presented with the option to withdraw these funds, I instead chose to invest them into my new account and resume my trading activities, grateful for the speedy resolution. I found immense satisfaction in the way SGT fixed my problem, leaving me with nothing but praise for their prompt and efficient service.Previously, however, my experience was not nearly as positive. Shortly before my appeal to SGT, I had funded my account with the specified email address, INFO@STERLINGGENT.COM, as was directed for funding any SGTMarkets.com account. This process had been routed through other websites under partnerships, such as matadorprime.eu. Unfortunately, these 'partners' would abruptly shut down their operations, leaving customers unable to retrieve their funds.Attempting to address this issue, I went through multiple conversations with Brad, another party involved in this complex scenario, but to no avail. It was amidst dealing with this inconvenience that I seriously began suspecting foul play, especially given how smoothly my metatrader account was functioning, connecting to the same servers as it had been for the past year. Thankfully, with the support of SGTMarkets.com, I was finally able to resolve this issue, though with a lingering uncertainty. If the 'partners' were in fact not in collusion with other websites, then why were new live accounts being opened through them? Despite these concerns, I am now relieved that my funds are safe, and I am no longer left to run around in circles.The rollercoaster journey with SGTMarkets.com, from initial distress to ultimate relief, has fortified my belief in the importance of sound customer support, leaving me assured of the integrity of SGTMarkets.com, a brand I will confidently vouch for in the future.I share my experience here in the hope that it may serve as a helpful precedent for others who may find themselves in a similar predicament.

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SGTMarkets.com: Online FX Broker with 65 Currency Pairs (2024)

FAQs

Which forex broker offers the most currency pairs? ›

Which forex broker offers the most currency pairs? Alongside nearly 10,000 CFDs, CMC Markets offers the most tradeable currency pairs, with 158 pairs that can be quoted both ways (i.e. EUR/USD or USD/EUR), which comes to a total of 316 pairs.

What is the best time to trade currency pairs? ›

The U.S./London markets overlap (8 a.m. to noon EST) has the heaviest volume of trading and is best for trading opportunities. The Sydney/Tokyo markets overlap (2 a.m. to 4 a.m.) is not as volatile as the U.S./London overlap, but it still offers opportunities.

How to analyze currency pairs? ›

How do you analyze currency pairs and markets?
  1. Step 1: Choose your currency pair and time frame. Be the first to add your personal experience.
  2. Step 2: Apply your chart type and indicators. ...
  3. Step 3: Identify the trend and market structure. ...
  4. Step 4: Look for trading signals and setups. ...
  5. Here's what else to consider.
Aug 24, 2023

Which forex is best for beginners? ›

Top 5 Forex pairs to trade for beginners
  • EURUSD. EURUSD is one of the most traded currency pairs in the Forex market. ...
  • GBPUSD. GBPUSD is another best currency to trade for beginners. ...
  • USDJPY. USDJPY, also known as the “Gopher,” is another most traded Forex pair particularly suitable for beginners. ...
  • USDCHF. ...
  • USDCAD.
Aug 15, 2023

Which forex pair makes the most money? ›

The EUR/USD pair holds the throne as the most traded forex pair globally, known for its liquidity and stability. Traders often turn to this pair for its reliability and consistent profit opportunities.

What is the hardest forex pair to trade? ›

The 10 most volatile forex pairs (USD)
  1. USD/ZAR - ​Volatility: 12.9% ...
  2. AUD/USD - Volatility: 9.6% ...
  3. NZD/USD - Volatility: 9.5% ...
  4. USD/MXN - Volatility: 9.2% ...
  5. GBP/USD - Volatility: 7.7% ...
  6. USD/JPY - Volatility: 7.6% ...
  7. USD/CHF - Volatility: 6.7% ...
  8. EUR/USD - Volatility: 6.6%

How many currency pairs should I trade? ›

I recommend you pick two that you get to know very well (I like Gbp/Jpy and Eur/Jpy) and then find three or four that you can switch off/on when nothing is going on. For me, I've found watching more than six pairs becomes labor intensive, since each pair has at least four time frames to cycle through.

What is the safest currency pairs to trade? ›

List of Top 10 Stable Currency Pairs
  • USD/JPY. ...
  • USD/CAD. ...
  • AUD/USD. ...
  • USD/CNY. ...
  • USD/CHF. ...
  • GBP/JPY. ...
  • EUR/CHF. Though EUR/CHF (Euro/Swiss Franc) is not a major currency pair, it is popular among traders, particularly due to its inverse relationship with EUR/USD. ...
  • NZD/USD. NZD/USD ("Kiwi") is a popular minor currency pair.

What is the hardest month to trade forex? ›

While the summer period (June-August) is speculated to show the least returns for many markets across Europe, August is said to be the worst month to trade. The reason for this is that most institutional investors in Europe and North America go on holiday.

What is the best currency pair to trade for beginners? ›

Best Currency Pairs to Trade for Beginners
  1. EUR/USD. Traders who are new to forex can benefit from the low spreads, low volatility and liquidity features of EUR/USD, one of the most popular currency pairs in the world. ...
  2. GBP/USD. ...
  3. USD/JPY. ...
  4. USD/CHF. ...
  5. AUD/USD.

Which currency pairs trend the most? ›

Since the US Dollar is part of 80% of daily Forex trading volume, either as a quote or base currency, the best currency pairs for trend traders include the EUR/USD, which is the most liquid currency pair accounting for approximately 28% of all daily trades, the USD/JPY, and the GBP/USD.

How to master currency pair? ›

Once you've chosen a currency pair to trade, you need to decide whether you want to 'buy' or 'sell', based on your analysis. You would buy the pair if you expected the base currency to rise in value against the quote currency. Or, you would sell if you expected it to do the opposite.

Is $500 enough to trade forex? ›

This forex trading style is ideal for people who dislike looking at their charts frequently and who can only trade in their free time. The very lowest you can open an account with is $500 if you wish to initiate a trade with a risk of 50 pips since you can risk $5 per trade, which is 1% of $500.

Is $100 enough to start forex? ›

Overall, while it is possible to start trading forex with just $100, it is important for traders to approach it with caution and to have a solid understanding of the market and their own risk tolerance.

Is $1000 enough to start forex? ›

In conclusion, $1000 is enough to start trading Forex. However, it's important to have a realistic trading plan and manage your risk carefully. A $1000 Forex trading plan should include setting trading goals, determining risk tolerance, and choosing a suitable trading strategy.

Which broker is best for trading currency? ›

  • Best Forex Brokers.
  • CMC Markets: Best Overall and Best for Range of Offerings.
  • London Capital Group (LCG): Best for Beginners.
  • Saxo Capital Markets: Best for Advanced Traders.
  • XTB Online Trading: Best for Low Costs.
  • IG: Best for U.S. Traders.
  • Pepperstone: Best for Trading Experience.
  • Frequently Asked Questions.

How do I find the best Forex pairs to trade? ›

A Guide on How to Choose Which Forex Pair to Trade
  1. Understand the Major Currency Pairs. ...
  2. Recommend forex pairs. ...
  3. Consider Market Volatility. ...
  4. Research Economic Fundamentals. ...
  5. Technical Analysis and Chart Patterns. ...
  6. Correlation Analysis. ...
  7. Consider Your Trading Style and Timeframe. ...
  8. Stick to a small number of pairs.
May 14, 2023

Which broker offers the highest leverage? ›

Upstox: Upstox is a popular discount broker offering competitive pricing and high leverage. Traders can access up to 20 times leverage for intraday trading on selected stocks. Upstox is widely recognized for its fast and reliable trading platform, comprehensive charting tools, and low-cost structure.

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