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SGT Company, officially known as Sterling Gent Trading Ltd., was founded in 2006. The firm has positioned itself as a provider of financial services, specializing in forex and CFD trading. With nearly two decades of experience, SGT has developed a reputation for offering a diverse range of trading options to both retail and institutional clients.
SGT operates under its parent company, Sterling Gent Trading Ltd., which holds the necessary licenses to conduct trading operations. The company is structured to cater to various trading needs, providing multiple account types and trading platforms.
The headquarters of SGT is located in the British Virgin Islands, specifically at Craigmuir Chambers, Road Town, Tortola, VG1110. This offshore location allows SGT to operate under a regulatory framework that is less stringent than many onshore jurisdictions.
SGT serves a global clientele, offering trading services to clients from various countries, although it does not accept clients from certain regions, including the United States. The company aims to provide a comprehensive trading experience across different asset classes.
SGT is regulated by the Financial Services Commission (FSC) of the British Virgin Islands. This regulatory body oversees the compliance of financial service providers with local laws and regulations, although its oversight is often characterized as light-touch compared to more stringent regulators in other jurisdictions.
Since its inception, SGT has focused on expanding its product offerings and enhancing its trading platforms. The company has integrated advanced trading technologies and partnered with various liquidity providers to improve trade execution speeds and trading conditions.
Over the years, SGT has grown its customer base significantly, attracting retail traders and institutional clients looking for diverse trading options. The firm has leveraged its regulatory status and trading technology to appeal to a global audience.
SGT offers trading through the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms have been continuously updated to include advanced trading tools and features, catering to both novice and experienced traders.
While specific awards or recognitions were not detailed in the available information, SGT's commitment to customer service and trading technology has been acknowledged by its growing client base and positive user reviews.
SGT provides access to over 60 currency pairs, allowing traders to engage in forex trading across major, minor, and exotic currency pairs. This extensive selection enables traders to implement various strategies based on market conditions.
Currently, SGT does not offer direct stock trading; however, it provides access to equity index CFDs, allowing traders to speculate on the performance of major stock indices without owning the underlying stocks.
SGT offers a wide range of CFD products, including:
In addition to forex and CFDs, SGT provides trading options for cryptocurrencies, including popular digital assets like Bitcoin and Ethereum. This diversification allows traders to explore various asset classes and manage risk effectively.
SGT offers several advantages, including:
SGT is regulated by the Financial Services Commission (FSC) of the British Virgin Islands. License number: SIBA/L/11/0987. While the FSC provides a regulatory framework, it is considered less rigorous compared to tier-1 regulators such as the FCA (UK) or ASIC (Australia).
SGT operates primarily as Sterling Gent Trading Ltd. in the British Virgin Islands. The companys legal structure allows it to provide services internationally, but it remains subject to the regulations of the BVI.
SGT emphasizes the separation of client funds from company operating funds, enhancing the safety of client deposits. However, as an offshore broker, it does not participate in formal investor protection schemes that are common in more regulated jurisdictions.
SGT serves clients globally, with specific restrictions on certain countries, including the United States. The firm focuses on providing services to regions where it can operate without regulatory conflicts.
There have been no significant compliance issues reported. However, the light-touch regulatory environment of the BVI raises concerns among some traders regarding the overall safety and security of their investments with SGT.
SGT positions itself as a competitive offshore broker, appealing to traders looking for high leverage and diverse trading options. However, its offshore regulatory status can deter risk-averse traders.
SGT differentiates itself through:
SGT Company, with its solid foundation and diverse trading offerings, serves as a viable option for traders seeking flexibility and a wide range of financial instruments. However, potential clients should carefully consider the implications of trading with an offshore broker and conduct thorough due diligence before opening an account.
For more information on SGT and its services, learn more.