Sheer Markets Company

　　

Sheer Markets Company

　　

1. Company Overview

　　

Founding Date and Background

　　Sheer Markets Company was established in 2019 by a team of financial professionals with extensive experience in trading, technology, and finance. The goal was to provide innovative trading solutions that were previously unavailable to the retail online trading community, focusing primarily on non-deliverable forwards (NDFs) and foreign exchange (Forex) trading.

　　

Parent Company/Ownership Structure

　　Sheer Markets operates as a standalone entity under the name Sheer Markets (Cyprus) Ltd. It does not appear to have a parent company, ensuring that its operations are independent and focused on its mission to enhance trading accessibility.

　　

Headquarters Location

　　The company is headquartered in Limassol, Cyprus, specifically at 331, 28th October Avenue, Lido House Block 2, Unit 365, 3106.

　　

Global Business Scope

　　Sheer Markets caters to clients from various regions, including Europe and Asia, with a notable acceptance of traders from Singapore. The broker's offerings are designed to appeal to both retail and institutional traders, providing access to a wide range of financial instruments.

　　

Main Regulatory Bodies

　　Sheer Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC), which is a reputable authority in the European Union. Additionally, it is licensed by the Labuan Financial Services Authority (LFSA) for its global operations.

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2. Company History and Development

　　

Key Milestones

　　Since its inception in 2019, Sheer Markets has achieved several key milestones, including the launch of its trading platform and the introduction of unique trading products like NDF CFDs. The company has positioned itself as one of the first brokers to offer streaming liquidity in NDF CFDs.

　　

Business Expansion Journey

　　The company has steadily expanded its product offerings and trading capabilities. Initially focusing on NDFs and Forex, Sheer Markets has broadened its scope to include a variety of CFDs, cryptocurrencies, and commodities.

　　

Customer Base Growth

　　Sheer Markets has seen a steady increase in its customer base, attributed to its competitive pricing and unique product offerings. The broker has attracted both novice and experienced traders looking for diverse trading opportunities.

　　

Platform Development History

　　Sheer Markets utilizes the MetaTrader 5 (MT5) platform, which is widely regarded for its advanced trading capabilities. The MT5 platform supports multiple asset classes and offers features such as automated trading, advanced charting tools, and a user-friendly interface.

　　

Important Awards or Recognitions Received

　　While specific awards or recognitions have not been detailed in available sources, the company has garnered a reputation for its innovative approach to trading, particularly in the NDF market.

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3. Trading Services Offered

　　

Forex Trading Options

　　Sheer Markets offers a robust selection of over 80 currency pairs, including major, minor, and exotic pairs. This extensive offering allows traders to engage in diverse Forex trading strategies.

　　

Stock Trading Options

　　The broker provides access to CFDs on a variety of global equities, including European, UK, and US stocks. This allows traders to speculate on stock price movements without owning the underlying assets.

　　

CFD Trading Products

　　Sheer Markets specializes in CFD trading, including NDF CFDs, which enable traders to speculate on the price movements of currencies that may not be easily accessible in traditional Forex markets. The company offers CFDs on commodities, indices, and cryptocurrencies as well.

　　

Other Financial Instruments

　　In addition to Forex and stock CFDs, Sheer Markets provides trading options for cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). The commodities offered include well-known assets like crude oil and gold.

　　

Special Services or Unique Advantages

　　One of the key advantages of trading with Sheer Markets is its focus on NDFs and emerging market Forex (EMFX) CFDs, which are often overlooked by other brokers. The company also provides negative balance protection, ensuring that clients cannot lose more than their initial investment.

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Sheer Markets is regulated by:

• Cyprus Securities and Exchange Commission (CySEC)
• Labuan Financial Services Authority (LFSA)

　　These regulatory bodies ensure that Sheer Markets adheres to strict financial standards and practices.

　　

Legal Entity Structure by Region

　　Sheer Markets operates primarily as Sheer Markets (Cyprus) Ltd. in Cyprus and is licensed under CySEC. For its global operations, it is licensed by LFSA, allowing it to serve clients outside of the EU.

　　

Client Fund Protection Measures

　　Client funds at Sheer Markets are held in segregated accounts, which helps protect them in the event of financial difficulties faced by the broker. Additionally, the company is a member of the Investor Compensation Fund, providing further protection to retail clients against broker insolvency.

　　

Countries/Regions Served

　　Sheer Markets serves clients from a variety of regions, including Europe and Asia, with a focus on providing services to traders in Singapore and other key markets.

　　

Compliance History

　　Sheer Markets has maintained compliance with regulatory requirements set forth by CySEC and LFSA. As a relatively new broker, it has not faced significant compliance issues, though it must continually adapt to changing regulations.

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5. Competitive Landscape

　　

3-5 Main Competitors

　　Sheer Markets competes with several established brokers in the online trading space, including:

• AvaTrade: A leading broker with a wide range of trading instruments and robust educational resources.
• Swissquote: A well-regarded Swiss bank and broker offering a comprehensive suite of trading products.
• FXPro: An established broker known for its competitive trading conditions and extensive asset offerings.

　　

Positioning in the Industry

　　Sheer Markets positions itself uniquely by focusing on NDFs and EMFX, which are often underserved in the retail trading market. This specialization allows it to attract traders looking for diverse investment opportunities.

　　

Market Differentiation Factors

　　Key differentiation factors for Sheer Markets include:

• A strong emphasis on NDF and EMFX trading
• Competitive pricing with commission-free trading options
• A user-friendly trading platform (MT5) that supports a diverse range of financial instruments
• Negative balance protection for added client security

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　　In conclusion, Sheer Markets Company represents a promising option for traders seeking access to innovative trading products, particularly in the NDF and EMFX markets. With its competitive offerings and regulatory backing, it aims to empower clients in their trading endeavors.

　　For more information about Sheer Markets and its services, please visit their official website or explore additional resources.