Score

4.89 /10
Average

SGT

The Virgin Islands

5-10 years

Regulated in The Virgin Islands

Retail Forex License

MT4 Full License

Global Business

Medium potential risk

Offshore Regulated

C

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index2.49

Business Index7.36

Risk Management Index8.90

Software Index9.17

License Index2.49

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Broker Information

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Company Name

Sterling Gent Trading Ltd

Company Abbreviation

SGT

Platform registered country and region

The Virgin Islands

Company website

X

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Linkedin

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2025-05-29
  • The The Virgin Islands FSC regulation with license number: SIBA/L/11/0987 is an offshore regulation. Please be aware of the risk!

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Pyramid scheme complaint
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SGT · Company summary
SGT Review Summary
Founded2021
Registered Country/RegionThe Virgin Islands
RegulationOffshore regulated
Market InstrumentsCrypto CFDs, energy CFDs, equity index CFDs, forex, spot metals
Demo Account
LeverageUp to 1:100
SpreadFrom 1 pip (Direct account)
Trading PlatformMT4, MT5
Minimum Deposit$5,000
Customer Support24/5 support
Contact form
Tel: + (44) 800 298 7925
LinkedIn, X, Facebook

SGT Information

SGT is an offshore regulated broker, offering trading on crypto CFDs, energy CFDs, equity index CFDs, forex and spot metals with leverage up to 1:100 and spread from 1 pip on MT4/MT5 trading platform. The minimum deposit requirement is $5,000.

SGT Information

Pros and Cons

Pros Cons
Tight spreadsHigh minimum deposit
Demo accountsCommission fees charged
MT4 and MT5 platformsOffshore regulation
Diverse tradable assets
Popular payment options

Is SGT Legit?

SGT is licensed by FSC to offer services. However, it is offshore regulated, which means potential risks cannot be ignored.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
British Virgin Islands Financial Services CommissionOffshore RegulatedSterling Gent Trading Ltd.Retail Forex LicenseSIBA/L/11/0987
SGT license
SGT domain

What Can I Trade on SGT?

SGT offers trading on crypto CFDs, energy CFDs, equity index CFDs, forex and spot metals.

Tradable Instruments Supported
Crypto CFDs
Energy CFDs
Equity index CFDs
Forex
Spot metals
Commodities
Indices
Stocks
Bonds
Options
ETFs
SGT products

Account Type

Here are four account types SGT offers:

Account TypeMinimum Deposit
Direct Acocunt$5,000
Prime Acocunt$5,000
Professional Acocunt$50,000
Business Acocunt/
Account Type
Account Type
Account Type

Leverage

SGToffers maximum leverage at 1:100. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

SGT Fees

SGT requires commission fees and execution fees for different account types and products.

Account TypeCommission
Direct Acocunt
Prime AcocuntFrom $6 per lot
Professional Acocunt
Business Acocunt
SGT Fees
SGT Fees
SGT Fees

SGT Spreads

Account TypeSpread
Direct AcocuntFrom 1 pip
Prime Acocunt/
Professional AcocuntFrom 0 pips
Business AcocuntFrom 0 pips

Swap Rates

Each currency pair has its own swap charge and is measured on a standard size of 1.0 lot (100,000 base units).

Swap Rates

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Mobile & DesktopBeginners
MT5Mobile, Desktop & webExperienced traders
Trading Platform
Trading Platform

Deposit and Withdrawal

SGT accepts payments via bank transfer, credit cards or debit cards, e-wallets and cryptos.

Deposit and Withdrawal
Deposit and Withdrawal

Deposit Options

Deposit OptionMinimum DepositDeposit Fees Deposit Time
Bank transfer$500Within 24 hours
Credit/debit cards100 (USD, EUR, or GBP)//
Cryptos///
Deposit Options
Deposit Options

Withdrawal Options

Withdrawal Options Maximum Withdrawal Withdrawal Fees Withdrawal Time
Credit/Debit Card$/£/€20,000Up to 14 business days
Bank transfer$/£/€20,000€25, $40, £3024 hours
E-wallet///
Withdrawal Options
Withdrawal Options

User Reviews

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User comment

5

Comments

Write a review

momo42191
more than one year
With SGT, I can effectively implement my contrarian strategies. The platform’s analytics help me spot and act on market overreactions
With SGT, I can effectively implement my contrarian strategies. The platform’s analytics help me spot and act on market overreactions
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2024-08-14 11:19
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半杯浊酒,半碗茶
more than one year
I am just new to this broker for about 4 days. My experience was totally awesome. I have done some tests for my withdrawals and they were all successful.
I am just new to this broker for about 4 days. My experience was totally awesome. I have done some tests for my withdrawals and they were all successful.
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2023-02-22 14:11
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