Brief information about Sheer Markets company
Sheer Markets is an institution that offers streaming liquidity in non-dealing CFDs on various trading instruments. The official website sheermarkets.com is provided in English, with a Russian-language version available through the browser translator.
The company claims to be registered in Cyprus at 62 Athalassas, Strovolos, 2012 Nicosia and is regulated by the Cyprus Securities and Exchange Commission (CySEC). The site presents documentation on agreements between clients and the company.
The broker’s contact information includes a phone number with a European code, the main office address, email, and a feedback form. The company does not provide alternative communication channels such as online chat or links to social networks.
Trading platforms and instruments of Sheer Markets
Sheer Markets offers traders to use the trading platforms MT4 and MT5. The company claims to provide access to new earning products unavailable to retail online traders.
The organization also reports the possibility of trading South Korean won, Brazilian real, Indian rupee, and other currencies.
Trading accounts at Sheer Markets company
Traders are offered a choice of 4 main trading accounts:
- Excellent Classic – from 200$/€
- Sheer Classic Plus – from 2,500$/€
- Sheer Prime – from 200$/€
- Sheer Prime Plus – from 2,500$/€
More detailed information about each account can be found in the “Trading Accounts” section.
Clients can also apply for professional status, which provides access to higher trading leverage. For practice, traders can open a demo account.
Depositing and withdrawing funds at Sheer Markets
Accounts can be funded in euros and US dollars through Visa and Mastercard credit cards, Neteller and Skrill e-wallets, or bank transfer. The broker does not charge commissions for transactions.
Information on fund withdrawals is available on the website, including processing times and withdrawal methods. However, the minimum withdrawal amount, limits, and conditions are not specified.
Conclusion
Before collaborating with Sheer Markets company, it is advisable to carefully study reviews from other users. This will help to learn about the company’s actual performance and fulfillment of its obligations to clients.
Luis
I was deeply disappointed with my trading experience with Sheer Markets. Their platform was consistently buggy and glitches were frequent, causing me serious issues with trading efficiency. Also, the lack of transparency was a big problem. Hidden fees kept cropping up unexpectedly which seriously ate into my profits. Customer support left much to be desired; they were unresponsive and unhelpful when I encountered issues. I wouldn’t recommend using Sheer Markets for online trading.