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SGT Markets Review

Forex BrokerUnknown

SGT Markets is a British Virgin Islands regulated broker with a steep $5,000 minimum deposit and an open Arizona cease and desist order from June 2026.

Min Deposit

$5

Spreads From

1 pip

Max Leverage

100:1

Platforms

MetaTrader 4, MetaTrader 5

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Trading since 2006 with a long history confirmed by independent reviewers
  • Regulated by the British Virgin Islands FSC under license SIBA/L/11/0987
  • Offers MetaTrader 4 and MetaTrader 5 on its higher account tiers
  • Caps crypto leverage at a cautious 5:1 to limit extreme losses
  • Serves a wide range of countries including the EU, UK, and Asia

Cons

  • Minimum deposit of $5,000 locks out most casual retail traders
  • Only regulated offshore in the BVI, not by a top tier regulator
  • Arizona regulator filed an open cease and desist case in June 2026
  • WikiFX gives its regulatory strength a low score of 1.76 out of 10
  • ForexPeaceArmy reviews mention slow support and a spread dispute
About SGT Markets

SGT Markets is the trading brand of Sterling Gent Trading Ltd, active since 2006. The group also runs trademakers, a platform for bigger investors. SGT holds one license, from the British Virgin Islands Financial Services Commission, number SIBA/L/11/0987. This is an offshore license, not a top tier one like the FCA or ASIC.

A normal account needs at least $5,000, a high bar next to rivals that accept a few hundred dollars. Trading runs on MetaTrader 4 for standard accounts, with MetaTrader 5 added on the Professional and Business tiers. Spreads start from 1 pip and leverage is capped at 100:1, with crypto capped lower at 5:1.

In June 2026, the Arizona Corporation Commission filed an open case against Sterling Gent Trading Ltd, ordering a temporary cease and desist. SGT already blocks USA residents from opening accounts. Independent site WikiFX rates its regulatory strength low, though software and risk scores are decent. Check the case status before you fund an account.

Key Facts

Min. Deposit

USD 5

Max Leverage

100:1

Spreads From

1 pip

Platforms

MetaTrader 4MetaTrader 5
Regulation & Safety
British Virgin Islands Financial Services Commission (FSC) (British Virgin Islands) — SIBA/L/11/0987
Frequently Asked Questions

Score Breakdown4.2/5
Trust & Safety
0.0/5

Regulation, fund safety, track record

Trading Conditions
0.0/5

Spreads, execution, leverage

Platforms & Tools
0.0/5

Platform quality, charting, features

Research & Education
0.0/5

Analysis, webinars, learning materials

Customer Service
0.0/5

Support quality, responsiveness

Mobile Trading
0.0/5

Mobile app quality, features

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