Extrait:SGT is a brokerage firm with a registered address in the British Virgin Islands and a correspondence address in Bermuda. Regulated by the Financial Services Commission (FSC), SGT offers a diverse range of trading account types, each with varying minimum deposit requirements and leverage options of up to 1:100. While specific spreads are not detailed, traders can access the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for their trading needs. Tradable assets span across forex, spot metals, energy CFDs, equity index CFDs, and crypto CFDs. SGT's comprehensive account options include Basic, Active, Digital, Digital Pro, Professional, Institutional, Corporate, Fund Manager, Portfolio Manager, Pro Trader, and API Trading. The availability of a demo account offers a risk-free opportunity for traders to practice. SGT also provides 24/5 customer support through phone and an online contact form, as well as educational resources like articles, webinars, video tutorials, market insi
Aspect | Information |
Registered Country/Area | British Virgin Islands (Registered Address) / Bermuda (Correspondence Address) |
Company Name | Sterling Gent Trading Ltd. (SGT) |
Regulation | Financial Services Commission (FSC) |
Minimum Deposit | Varies by account type (Information not specified) |
Maximum Leverage | Up to 1:100 |
Spreads | Varies by account type (Information not specified) |
Trading Platforms | MetaTrader 4 (MT4) and MetaTrader 5 (MT5) |
Tradable Assets | Forex, Spot Metals, Energy CFDs, Equity Index CFDs, Crypto CFDs |
Account Types | Basic, Active, Digital, Digital Pro, Professional, Institutional, Corporate, Fund Manager, Portfolio Manager, Pro Trader, API Trading (Multiple account types available) |
Demo Account | Available |
Customer Support | 24/5 customer support via phone and online contact form |
Payment Methods | Bank Transfer, E-Wallets (Perfect Money, CASHU) |
Educational Tools | Educational materials (articles, webinars, video tutorials), Market insights, Advanced trading tools, Personalized support |
Overview
SGT is a brokerage firm with a registered address in the British Virgin Islands and a correspondence address in Bermuda. Regulated by the Financial Services Commission (FSC), SGT offers a diverse range of trading account types, each with varying minimum deposit requirements and leverage options of up to 1:100. While specific spreads are not detailed, traders can access the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for their trading needs. Tradable assets span across forex, spot metals, energy CFDs, equity index CFDs, and crypto CFDs. SGT's comprehensive account options include Basic, Active, Digital, Digital Pro, Professional, Institutional, Corporate, Fund Manager, Portfolio Manager, Pro Trader, and API Trading. The availability of a demo account offers a risk-free opportunity for traders to practice. SGT also provides 24/5 customer support through phone and an online contact form, as well as educational resources like articles, webinars, video tutorials, market insights, advanced trading tools, and personalized support to enhance traders' knowledge and decision-making capabilities. Payment methods include bank transfers and E-wallets such as Perfect Money and CASHU.
Regulation
SGT is regulated by the Financial Services Commission (FSC). The FSC oversees the brokerage's compliance with securities laws, risk management, and client fund protection. This collaboration between SGT and the FSC underscores the importance of maintaining a trustworthy and compliant financial environment, benefiting both investors and the stability of the financial system.
Pros and Cons
Pros | Cons |
Regulated by the Financial Services Commission (FSC), ensuring a secure trading environment | Limited information provided on specific commissions |
Diverse range of trading instruments, catering to various preferences and strategies | Lack of detailed commission information may require traders to contact support for clarity |
Multiple account types with competitive spreads and flexible deposit methods | The use of high leverage (1:100) can amplify both gains and losses, requiring caution and risk management |
Access to powerful trading platforms MT4 and MT5, known for user-friendliness and versatility | Deposit/withdrawal minimum and maximum amounts vary by method, potentially affecting accessibility for some traders |
Strong commitment to trader education, offering a wide range of materials and resources | Limited information on additional fees and charges, necessitating consultation with the broker's website or support team |
24/5 customer support availability via phone and online contact form | |
Active social media presence and collaboration opportunities for businesses | |
Regulated broker, providing security and trustworthiness | |
Access to various asset classes, including cryptocurrencies, for diversification | |
Flexible funding options, including cryptocurrencies, enhancing convenience |
SGT (Sterling Gent Trading Ltd.) offers traders a robust platform for their financial endeavors. Pros include strong regulatory oversight, a wide range of tradable instruments, and multiple account types with competitive spreads. Access to the popular MT4 and MT5 platforms, commitment to trader education, and 24/5 customer support are additional advantages. However, the lack of specific commission details and the use of high leverage may necessitate careful consideration. Deposit and withdrawal terms can vary, and traders should be aware of potential additional fees. Overall, SGT presents a solid option for traders but may require further due diligence for those seeking precise fee information.
Market Instruments
The broker in question offers a diverse range of trading instruments, catering to the needs and preferences of various traders and investors. These instruments encompass various asset classes and financial markets, providing ample opportunities for traders to diversify their portfolios and manage risk effectively.
Foreign Exchange (Forex): Forex trading involves the exchange of one currency for another. It's one of the largest and most liquid financial markets globally, providing traders with the opportunity to speculate on the exchange rate movements of currency pairs. This market operates 24 hours a day, five days a week, making it highly accessible for traders around the world.
Spot Metals: Spot metals trading involves the buying and selling of precious metals like gold, silver, platinum, and palladium. These assets are considered safe-haven investments and are often used as a store of value during times of economic uncertainty. Spot metal prices can be influenced by a range of factors, including geopolitical events and supply and demand dynamics.
Energy CFDs: Energy CFDs (Contract for Difference) allow traders to speculate on the price movements of energy commodities such as crude oil, natural gas, and heating oil. Energy markets are influenced by factors like global demand, geopolitical tensions, and supply disruptions, making them volatile and attractive for trading.
Equity Index CFDs: Equity index CFDs provide exposure to a basket of stocks representing a specific market index, such as the S&P 500, FTSE 100, or DAX. These CFDs allow traders to profit from the overall performance of an index without owning the underlying stocks. They are popular for diversifying portfolios and trading broad market trends.
Crypto CFDs: Crypto CFDs offer the opportunity to trade cryptocurrencies like Bitcoin, Ethereum, and Ripple without actually owning the digital assets. Traders can speculate on the price movements of cryptocurrencies, taking advantage of their high volatility and 24/7 trading availability.
Market Instrument | Description | Notable Features |
Foreign Exchange (Forex) | Exchange of currency pairs | 24/5 market availability, high liquidity |
Spot Metals | Precious metals trading (gold, silver, etc.) | Safe-haven assets, influenced by global events |
Energy CFDs | Trading energy commodities (oil, gas, etc.) | Volatile markets, affected by supply and demand |
Equity Index CFDs | Trading market indices (S&P 500, DAX, etc.) | Portfolio diversification, tracking market trends |
Crypto CFDs | Trading cryptocurrencies (Bitcoin, Ethereum, etc.) | High volatility, 24/7 trading opportunities |
Account Types
Individual Accounts:
Basic Account:
Ideal for Beginners: The Basic account is tailored for individuals new to trading and investing. It serves as an excellent starting point for those looking to venture into financial markets.
Versatile Instrument Selection: Traders can access a wide range of trading instruments, including cryptocurrencies, forex, commodities, stocks, and indices, all from a single account.
Choice of Deposit Currencies: This account offers flexibility by allowing deposits in USD, GBP, EUR, or cryptocurrency, catering to a diverse clientele.
User-Friendly Platforms: Traders can utilize the popular MT4 or MT5 platforms, known for their user-friendly interfaces and robust features.
Competitive Spreads: The account offers spreads starting from 1 pip, which can be attractive for cost-conscious traders.
Leverage Options: Basic account holders have access to leverage up to 100:1 for most assets and 5:1 for cryptocurrencies.
Crypto Trading Advantages: Traders benefit from ultra-low commissions on cryptocurrency trading and the convenience of 24/7 crypto trading on the MT5 platform.
Active Account:
For Active Traders: The Active account is designed for traders who engage in higher monthly trading volumes and seek lower commissions.
Wide Asset Range: Traders have access to a broad spectrum of assets, including cryptocurrencies, forex, commodities, stocks, and indices, offering diversification opportunities.
Competitive Spreads: With spreads starting from 0 pips, this account aims to provide cost-effective trading conditions.
Deposit Options: It allows deposits in fiat currencies (USD, EUR, GBP) or cryptocurrencies, enhancing flexibility.
Enhanced Leverage: Active account holders enjoy leverage of up to 100:1 for most assets and 5:1 for cryptocurrencies.
Ultra-Low Commissions: The account features ultra-low commissions on cryptocurrency trading.
Flexible Trading Hours: Traders can engage in 24/7 crypto trading on the MT5 platform, with 24/5 availability on MT4.
Digital Account:
Digital-First Approach: The Digital account is tailored for traders who prefer a digital-first approach to trading and investing.
Diverse Asset Selection: It provides unrestricted access to trade Contracts for Difference (CFDs) across a wide range of asset classes.
Flexible Funding: Traders can fund and withdraw in either fiat or cryptocurrencies, offering convenience and choice.
Competitive Spreads: The account boasts spreads starting from 0 pips, aiming to provide a cost-effective trading environment.
Continuous Crypto Trading: Traders can engage in 24/7 cryptocurrency trading.
Free Hedging: The account offers free hedging facilities, allowing traders to manage risk effectively.
Competitive Fees: Digital account holders enjoy highly competitive fees for fiat/crypto and crypto/fiat conversions.
Digital Pro Account:
Tailor-Made for Professionals: The Digital Pro account is designed for experienced digital asset traders seeking unrestricted access to CFDs across all asset classes.
Leverage Advantage: Traders benefit from leverage of up to 100:1, providing flexibility in their trading strategies.
Lowest Commissions: This account offers the lowest commissions and highly competitive fees for fiat/crypto and crypto/fiat conversions.
Crypto Collateral: Soon, traders will have the option to use cryptocurrencies as collateral for trading.
Comprehensive Trading Offerings: It provides access to a wide range of assets, including cryptocurrencies, forex, commodities, stocks, and indices.
24/7 Trading: Traders can engage in 24/7 cryptocurrency trading, catering to different time zones and trading preferences.
Free Hedging Facilities: Like the Digital account, Digital Pro offers free hedging facilities.
Professional Accounts:
Pro Trader Account:
For Derivatives Experts: The Pro Trader account is ideal for seasoned professionals with extensive experience in trading derivatives.
Bespoke Setup: Traders can expect a fully bespoke commission-based account, with liquidity offerings tailored to their unique trading strategy requirements.
High Funding Requirement: This account requires a minimum funding of $50,000, attracting experienced and high-capital traders.
Advanced Platforms: Traders can use the MT5 platform, FIX, and REST API trading for advanced and customized trading experiences.
Negotiable Commissions: Commission structures are negotiable and based on trading volumes, providing flexibility.
Dedicated Support: Pro Trader account holders benefit from the support of a dedicated Client Support Manager.
Detailed Reporting: Traders receive detailed daily and monthly reporting to monitor their trading activities effectively.
API Trading Account:
For Programmatic Traders: The API Trading account is tailored for experienced traders who prefer programmatic trading and need a programmatic connection to the broker's pricing and execution technology.
Flexible Minimum Funding: It requires a minimum funding of $5,000, making it accessible to traders seeking programmatic solutions.
API Trading: Traders can utilize FIX and REST API trading for enhanced flexibility and automation.
Negotiable Commissions: Like the Pro Trader account, commissions are negotiable and based on trading volumes.
No Fixed Monthly Fees: There are no fixed monthly fees, offering cost-efficiency.
Institutional Accounts:
Corporate Account:
For Companies and Entities: The Corporate Account is suitable for companies and legal entities looking to trade their own funds, hedge exposure, or invest in various asset classes.
Diverse Instrument Selection: It allows trading across multiple instruments, enhancing investment diversification.
Enhanced Liquidity: Traders benefit from enhanced liquidity, ensuring smooth execution of trades.
Dedicated Corporate Support: Corporate account holders have access to dedicated corporate support.
Fund Manager Account:
Customizable Setups: The Fund Manager Account is designed for fund managers seeking customizable setups for their trading activities.
Credit Facilities: Fund managers can access flexible credit facilities while managing trading activity efficiently.
Multiple Asset Classes: This account provides access to multiple asset classes, allowing diversification within a single account.
Professional Reporting: Traders benefit from professional reporting analytics for better decision-making.
Expert Advisor Capabilities: It supports both Expert Advisor and manual trade configurations.
Portfolio Manager Account:
Efficient Client Management: The Portfolio Manager Account streamlines client management, allowing portfolio managers to manage multiple clients from a single account.
Customizable Conditions: Portfolio managers can set individual risk and performance conditions for each client.
Automated Reporting: It offers automated individual client reporting tools, enhancing transparency and efficiency.
Flexible Credit Facilities: Portfolio managers have access to flexible deposit and withdrawal options.
Enhanced Transparency: There's enhanced transparency between SGT Markets, portfolio managers, and their clients.
This comprehensive range of account types caters to traders and investors at all levels of expertise, from beginners to professionals and institutional entities. Traders can choose the account type that best aligns with their trading goals, experience level, and preferences, ensuring a tailored trading experience.
Leverage
The broker offers a maximum trading leverage of 1:100. Leverage in trading refers to the ability to control a larger position in a financial market with a relatively smaller amount of capital. In this case, a leverage of 1:100 means that for every $1 of your own capital, you can control a trading position worth up to $100 in the market.
While leverage can amplify potential profits, it also significantly increases the potential for losses. Traders should exercise caution when using high leverage, as it magnifies both gains and losses. It's crucial to have a risk management strategy in place and to be aware of the potential risks associated with using high leverage in trading. Some traders find leverage useful for capital efficiency, while others prefer lower leverage to minimize risk. Ultimately, the choice of leverage depends on an individual trader's risk tolerance and trading strategy.
Spreads & Commissions
Basic Account:
Spreads: From 1 pip.
Commissions: Specific commission details are not mentioned in the provided information.
Active Account:
Spreads: From 0 pips.
Commissions: Specific commission details are not mentioned in the provided information.
Digital Account:
Spreads: From 0 pips.
Commissions: Highly competitive fees on fiat/crypto and crypto/fiat conversions.
Additional details not provided.
Digital Pro Account:
Spreads: From 0 pips (lowest commissions).
Commissions: Highly competitive fees on fiat/crypto and crypto/fiat conversions.
Additional details not provided.
Professional Accounts (Pro Trader and API):
Spreads: From 0 pips.
Commissions: Negotiable Commissions (volume-based) for Professional accounts.
Additional details not provided.
Please note that while spreads are mentioned explicitly, specific commission details are not provided in the information. Traders considering these accounts should consult the broker's official website or contact their support team for precise and up-to-date commission information, as commission structures can change over time. Additionally, the broker may have other fees and charges that traders should be aware of, such as overnight costs and financing charges, which can be found in the Product Specifications and Product Overview sections of the broker's website.
Deposit and Withdrawal
Deposit Options:
Bank Transfer:
Accepted Currencies: All
SGT Fees: None
Processing Time: Typically 24 hours
Minimum Deposit: $500 (or equivalent in GBP or EUR)
Source of Funds: Documentation required for deposits exceeding $50,000. SGT does not accept deposits from unregulated third parties.
E-Wallet (Perfect Money):
Accepted Currencies: USD & EUR
SGT Fees: None
Processing Time: Instant
Minimum Deposit: $100 (or equivalent in GBP or EUR)
E-Wallet (CASHU):
Accepted Currency: USD
SGT Fees: None
Processing Time: Instant
Minimum Deposit: $100 (or equivalent in GBP or EUR)
How to Deposit:
Login to your SGT client portal.
Click “Deposit & Withdrawals / Deposit Funds.”
Choose your preferred deposit method.
Select the account and enter the deposit amount.
Follow on-screen instructions.
Once processed, the deposit appears in your SGT trading account.
Crypto Deposit:
Cryptos are instantly converted into your SGT account's currency with a 2% conversion fee.
Withdrawal Options:
Credit/Debit Card:
Accepted Currencies: USD, EUR & GBP
SGT Fees: None (SGT accepts MasterCard)
Processing Time: Up to 14 business days
Minimum Withdrawal: $20,000 (or equivalent in GBP or EUR)
Bank Transfer:
Accepted Currencies: All
SGT Fees: Currency Dependent
Processing Time: Typically within 24 hours
Minimum Withdrawal: Varies by currency
E-Wallet (Perfect Money):
Accepted Currencies: USD & EUR
SGT Fees: None
Processing Time: Typically within 24 hours
Maximum Withdrawal: $20,000 (or equivalent in GBP or EUR)
E-Wallet (CASHU):
Accepted Currency: USD
SGT Fees: None
Processing Time: Typically within 24 hours
Maximum Withdrawal: $20,000 (or equivalent in GBP or EUR)
Conditions for Withdrawals:
Sufficient funds in your account.
Verified account (proof of ID and address).
These organized details clarify deposit and withdrawal options, processing times, fees, and minimum/maximum amounts for traders' convenience.
Trading Platforms
SGT offers two powerful trading platforms to cater to diverse trading needs:
MetaTrader 4 (MT4):
Launched in 2005, MT4 is renowned and versatile.
Widely used for forex, indices, cryptocurrencies, and commodities trading.
Known for high-volume trading and automation.
Features a user-friendly interface, customization, and expert advisors.
Supports multiple languages.
Ideal for FX, Spot Metals, Energy CFDs, Equity Index CFDs, and Crypto CFDs.
MetaTrader 5 (MT5):
A true multi-asset platform designed for various markets.
Empowers traders with flexibility through customizable tools.
Supports White Label licenses and enhanced functionalities.
Offers Depth of Market, One-Click Trading, and Algo Trading.
Boasts high security and encryption.
Ideal for FX, Spot Metals, Energy CFDs, Equity Index CFDs, and Crypto CFDs.
In summary, SGT provides traders with a choice between MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both offering user-friendly interfaces, customization options, and access to various markets. These platforms cater to traders of different expertise levels and empower them to trade efficiently and effectively.
Customer Support
SGT offers 24/5 customer support, ensuring clients can get assistance when needed. You can reach their support team by phone at + (44) 800 298 7925 or use their convenient online contact form.
They provide various account types to suit different trading needs, from Basic to Professional, and even offer a Demo Account for practice. Opening an account is quick and can be done online in under five minutes.
SGT also offers comprehensive support resources for tasks like deposits, withdrawals, and account verification, accessible through their website.
Their active presence on social media keeps clients informed about market trends and company updates.
SGT is open to distribution partnerships and representation opportunities for businesses seeking collaboration.
In essence, SGT is known for its strong customer support, diverse account options, and accessible resources, making it a trusted choice for traders.
Educational Resources
Educational Resources
SGT not only excels in providing top-notch trading services but also places a strong emphasis on educating traders and investors at all levels. Their comprehensive educational resources empower individuals to make informed decisions in the dynamic world of finance.
In-Depth Learning: SGT offers a diverse range of educational materials, including articles, webinars, and video tutorials that cover a wide spectrum of financial topics. These resources are designed to cater to both novice traders looking to build a strong foundation and experienced professionals seeking to refine their strategies.
Market Insights: Keeping clients well-informed is a priority at SGT. Regular market analysis and commentary are provided to help traders stay up-to-date with global economic events and trends. This information equips traders with valuable insights to make informed trading decisions.
Advanced Trading Tools: For those looking to enhance their trading skills, SGT offers advanced trading tools and technologies. These tools provide traders with the ability to analyze market data, execute trades efficiently, and implement complex strategies.
Personalized Support: SGT's commitment to education extends to personalized support. Traders have access to knowledgeable account managers who can provide guidance tailored to their specific needs and trading goals.
In summary, SGT's educational resources encompass a wide array of materials and insights, making it a valuable resource for traders at all levels of expertise. Whether you're a beginner looking to learn the basics or an experienced trader seeking advanced tools and insights, SGT provides the educational support needed to thrive in the financial markets.
Summary
SGT operates as a regulated brokerage firm under the oversight of the Financial Services Commission (FSC), ensuring compliance with financial regulations and safeguarding client funds. Offering a diverse range of trading instruments, from forex to crypto CFDs, SGT caters to a wide array of trading preferences. With multiple account types featuring competitive spreads and flexible deposit methods, traders at all levels can find an option that suits their needs. Leverage of up to 1:100 is available, though caution is advised. The broker's spreads, commissions, and deposit/withdrawal options are clearly outlined. SGT provides access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms known for their user-friendliness. Offering 24/5 customer support, active social media engagement, and collaboration opportunities, SGT ensures accessibility and partnerships. Moreover, a strong commitment to trader education through diverse materials and resources empowers clients to navigate the financial markets effectively.
FAQs
Q1: What is SGT's regulatory status?
A1: SGT is regulated by the Financial Services Commission (FSC), ensuring compliance with securities laws, risk management, and client fund protection, creating a secure trading environment.
Q2: What trading instruments are available at SGT?
A2: SGT offers a wide range of trading instruments, including forex, spot metals, energy CFDs, equity index CFDs, and crypto CFDs, providing diversity and options for traders.
Q3: How can I access educational resources at SGT?
A3: SGT provides educational materials, including articles, webinars, and video tutorials, accessible to traders of all levels on their website, empowering informed decision-making.
Q4: What are the deposit options and processing times at SGT?
A4: SGT offers deposit methods such as bank transfers and e-wallets, with processing times varying from instant to 24 hours, depending on the chosen method.
Q5: What trading platforms are available at SGT?
A5: SGT provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), renowned for their user-friendly interfaces and versatility in trading various asset classes, catering to diverse trading needs.
FXTM
FOREX.com
Exness
DBG Markets
ATFX
FXCM
FXTM
FOREX.com
Exness
DBG Markets
ATFX
FXCM
FXTM
FOREX.com
Exness
DBG Markets
ATFX
FXCM
FXTM
FOREX.com
Exness
DBG Markets
ATFX
FXCM