SGT Markets Review: Regulation, Spreads & Leverage
STP/ECN broker based in British Virgin Islands with MetaTrader4, a $500 minimum deposit and leverage up to 1:400.
- STP/ECN
- 1:400 Leverage
Your money is at risk
In this SGT Markets review
SGT Markets overview: what kind of broker is it?
SGT Markets is an STP/ECN forex and CFD broker based in British Virgin Islands, founded in 2006. Regulated Forex Broker by the Financial Services Commission under the Securities and Investment Business Act, 2010. Licence # SIBA/L/11/0987.
Traders get MetaTrader4, spreads from 0.0 pips, leverage up to 1:400 and a $500 minimum deposit. New clients can also check the current Yes.
SGT Markets broker specifications
Company and regulation
| Broker | SGT Markets |
|---|---|
| Regulated by | Regulated Forex Broker by the Financial Services Commission under the Securities and Investment Business Act, 2010. Licence # SIBA/L/11/0987 |
| Type of broker | STP/ECN |
| Country | British Virgin Islands |
| Foundation year | 2006 |
| Website | Visit SGT Markets website |
| Website languages | English, Chinese, French, Japanese, |
Trading conditions
| Minimum deposit | $500 |
|---|---|
| Maximum leverage | 1:400 |
| Minimum spreads | 0.0 pips |
| Base currencies | USD, EUR, GBP |
| Tradable instruments | — |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | No |
Bonus and promotions
| Current promotion | Yes |
|---|---|
| Welcome bonus | Yes |
| Standard no deposit bonus | No |
Contact details
| Telephone | + (44) 800 298 7925 |
|---|---|
| support@sgtmarkets.com | |
| Fax | + (44) 207 681 3868 |
| Head office | Sterling Gent Trading Ltd.Craigmuir Chambers, Road TownTortola VG 1110, British Virgin Islands |
SGT Markets bonus
SGT Markets promotes a Yes for new traders. It is a simple way to test the broker's MetaTrader4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the SGT Markets bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the SGT Markets website before you claim.
SGT Markets pros and cons
Pros
- Regulated: Regulated Forex Broker by the Financial Services Commissi…
- Yes for new traders
- Spreads from 0.0 pips, STP/ECN execution
- MetaTrader4 on every device
- Islamic, mini, VIP and managed accounts
Cons
- No MetaTrader 4 or cTrader
- Bonus comes with trading-volume rules
SGT Markets account types
SGT Markets offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $500 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
SGT Markets trading platforms
SGT Markets runs on MetaTrader4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
SGT Markets deposit and withdrawal methods
SGT Markets supports 4 deposit methods.
Banks and cards
E-wallets
Withdrawal methods
Is SGT Markets safe and legit?
SGT Markets is a regulated broker. Regulated Forex Broker by the Financial Services Commission under the Securities and Investment Business Act, 2010. Licence # SIBA/L/11/0987. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
SGT Markets is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
Who should choose SGT Markets?
Good fit for
- Traders who want MetaTrader4 and raw spreads
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
- You prefer MT4 or cTrader
SGT Markets FAQ
Is SGT Markets regulated?
Yes. Regulated Forex Broker by the Financial Services Commission under the Securities and Investment Business Act, 2010. Licence # SIBA/L/11/0987.
What is the SGT Markets minimum deposit?
The minimum deposit to open a live SGT Markets account is $500.
Does SGT Markets offer a bonus?
SGT Markets currently promotes a Yes for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at SGT Markets?
Leverage goes up to 1:400. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does SGT Markets use?
SGT Markets uses MetaTrader4.
Does SGT Markets offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at SGT Markets?
You can use Credit/Debit Cards, Wire transfer, Skrill and Neteller.