Overview of Sardis Markets
Sardis Markets is a modern broker launched in 2022, aiming to offer a comprehensive trading environment with a variety of instruments including Forex, Metals, Indices, Commodities, EU Stocks, US Stocks, and Crypto. Located in the UK, the broker facilitates trading through popular platforms such as MetaTrader 4 and 5, supported by educational resources to guide traders. However, its lack of regulatory oversight is a considerable risk factor that potential clients must consider.
Is Sardis Markets Legit？
Sardis Markets is not regulated by any recognized financial regulatory authority. This lack of regulation means that there is no oversight ensuring that Sardis Markets adheres to the financial industry's standards and practices, which can increase the risks associated with trading and investing through this broker.
Pros and Cons
Sardis Markets presents a versatile trading platform that accommodates a wide spectrum of traders through its diverse asset offerings and multiple account types tailored for different levels of trading experience. The platform's integration of robust trading tools, including MetaTrader 4 and MetaTrader 5, complements its comprehensive educational and support services, which are designed to enhance the trading experience and help traders navigate the markets more effectively. However, the absence of regulatory oversight casts a shadow over these benefits, introducing potential risks associated with lack of compliance and security measures that regulated brokers typically uphold.
Trading Instruments
Sardis Markets offers a diverse range of trading instruments, including Forex pairs, precious metals, indices, commodities, EU stocks, US stocks, and cryptocurrencies.
Here is a comparison table of trading instruments offered by different brokers:
Account Types
Sardis Markets provides three tailored account types for traders at different levels:
1. Standard Account: Suitable for beginners, it requires a $200 minimum deposit and offers leverage from 1:20 to 1:400, with a 0.01 lot minimum order size and a 5 pip average spread. This account includes educational support and features instant deposits and weekday withdrawals.
2. Professional Account: Targeted at experienced traders, this account requires a $3,000 minimum deposit and offers the same leverage as the Standard, but with a 0.03 lot minimum order size and a reduced 1 pip spread. It features low commission costs, along with the usual educational support and quick transaction features.
3. VIP Account: Designed for high-net-worth individuals, this account demands a $10,000 minimum deposit and offers enhanced trading conditions with a 0.1 lot minimum order size and a 1 pip spread, maintaining the leverage options of the other accounts. It includes all standard support and transaction features offered in the other accounts, tailored for premium clients.
Additionally, Sardis Markets also offers demo accounts for all types of account options.
How to Open an Account
To open an account with Sardis Markets, follow these steps.
Visit the Sardis Markets website. Look for the “ Open Real Account” button on the homepage and click on it.
Sign up on websites registration page.
Receive your personal account login from an automated email
Log in
Proceed to deposit funds to your account
Download the platform and start trading
Leverage
Sardis Markets offers leverage options ranging from a minimum of 1:20 to a maximum of 1:400 across all its trading account types.
Here is a comparison table of maximum leverage offered by different brokers:
Spreads and Commissions
Sardis Markets offers variable spreads starting from 1 pip for professional and VIP accounts, and an average spread of 5 pips for standard accounts. The professional and VIP accounts also benefit from low commission rates.
Deposit & Withdraw Methods
Sardis Markets supports instant deposit methods with minimum deposits set at $200 for Standard accounts, $3,000 for Professional accounts, and $10,000 for VIP accounts. Withdrawals are processed on weekdays from 09:00 to 16:30.
Trading Platforms
Sardis Markets offers a secure and user-friendly online trading platform available in 35 languages, featuring high-speed trading and built-in tools for price chart analysis. Additionally, clients can utilize the popular MetaTrader 4 and MetaTrader 5 platforms.
Customer Support
Sardis Markets provides customer support through its main offices in London, United Kingdom, and an additional office in Wuppertal, Germany. Clients can contact support via email at info@sardismarkets.me, or through two phone numbers: +382 68 139 645 and +44 (7418) 359 899.
Educational Resources
Sardis Markets offers educational resources that include a daily newsletter, daily news updates, and daily technical analysis to support informed trading decisions.
Bonus
Sardis Markets offers high bonuses to its clients, enhancing the potential for earnings in Forex trading by leveraging these bonuses along with high leverage opportunities to trade in multiples of the initial funds.
Conclusion
Sardis Markets caters to a wide range of traders with its diverse offerings and robust trading platforms. While the broker offers significant advantages such as a variety of account types, competitive trading conditions, and extensive support resources, the lack of regulation remains a major concern. Potential traders should weigh the benefits of Sardis Markets' services against the risks associated with its unregulated status.
FAQs
Q: What regulatory status does Sardis Markets have？
A: Sardis Markets operates without formal regulation from any recognized financial authority, meaning it lacks official oversight which is typical for financial service providers.
Q: What types of assets can I trade with Sardis Markets？
A: Sardis Markets allows trading in Forex, various metals, indices, commodities, stocks from both EU and US markets, and cryptocurrencies.
Q: What are the account options at Sardis Markets？
A: You can choose from Standard, Professional, or VIP accounts, each offering different conditions tailored to varying levels of trading experience and investment.
Q: How can I contact Sardis Markets for support？
A: Support can be reached via email at info@sardismarkets.me or phone at +382 68 139 645 and +44 (7418) 359 899.
Q: Does Sardis Markets offer educational resources？
A: Yes, they provide a daily newsletter, news updates, and technical analysis to help traders make informed decisions.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.
2024-03-09 03:16
