Trading Experience
“Sheer Markets provides clients access to over 1,400+ financial CFD instruments across Forex, Shares, Indices, Commodities, Non-Deliverable Forwards, and Cryptocurrencies, all through the globally renowned MetaTrader4 and MetaTrader 5 trading platforms for Web and Windows.
From our observations, Sheer Markets provides clients with a good all-around service offering across Forex, Shares, Indices, Commodities, Non-Deliverable Forwards, and Cryptocurrencies. The broker is also one of the few to offer Non-Deliverable Forwards CFDs to retail traders, giving them access to new exotic markets.
Users can access these markets through the globally renowned MetaTrader 4 and MetaTrader 5 trading platforms for Web and Windows. There are also four account types available – Sheet Classic, Sheer Classic Plus, Sheer Prime. Both Classic accounts offer commission-free trading with slightly larger spreads whereas Prime accounts are commission-based but with raw spreads.
Although the broker does provide an Economic Calendar, the overall market research is limited and market commentary and analysis is only available to clients who make the higher deposit for the Sheer Classic Plus and Sheer Prime Plus accounts. Similarly, the education material is limited to only key trading terms.
FAQ
Is Sheer Markets regulated?
Sheer Markets (Cyprus) Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).
Where is Sheer Markets based?
12 Archiepiskopou Makarou III, Kristelina Tower, Office 301, Mesa Geitonia 4000, Limassol, Cyprus.
How does Sheer Markets make money?
Sheer Markets makes money mainly through spreads, commissions and swaps on certain asset classes.
How do I deposit in a Sheer Markets account?
Funds can be deposited via debit/credit cards, bank wire, Neteller and Skrill.
What is the min. deposit for Sheer Markets?
The minimum deposit is $200.
How do I withdraw money from Sheer Markets?
Withdrawals can be made from the client portal via debit/credit cards, bank wire, Neteller and Skrill.
What is the max leverage in Sheer Markets?
The max leverage available is 1:30 for retail clients.
How do I open an account with Sheer Markets?
An account can be opened at the click of a button on the Sheer Markets website and can be done in just a few steps.
Does Sheer Markets use MetaTrader?
Yes, MetaTrader4 and MetaTrader 5.
Conclusion
“Sheer Markets (Cyprus) Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers clients the ability to trade on 1,400+ financial CFD instruments covering Forex, Shares, Indices, Commodities, Non-Deliverable Forwards and Cryptocurrencies, from the globally renowned MetaTrader 4 and MetaTrader 5 platforms.”
Sheer Markets (Cyprus) Limited was founded in 2019 and is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers clients the ability to trade on 1,400+ financial CFD instruments covering Forex, Shares, Indices, Commodities, Non-Deliverable Forwards, and Cryptocurrencies, from the globally renowned MetaTrader 4 and MetaTrader 5 platforms for Web and Windows.
Users have access to four main account types – Sheet Classic, Sheer Classic Plus, Sheer Prime and Sheer Prime Plus. Both Classic accounts offer commission-free trading with slightly larger spreads whereas Prime accounts are commission-based but with raw spreads. Demo and Islamic (swap-free accounts) are also available.
Sheer Markets offers fee-free deposits and withdrawals via debit/credit cards, bank wire, Neteller and Skrill.
The research material is limited to only an Economic Calendar, however, users with a Sheer Classic Plus or Sheer Prime Plus account can benefit from additional market commentary and analysis. Similarly, the education material is limited to only key trading terms. The broker offers multilingual customer support 24/5 via email, phone and contact form.
- 1,400+ financial CFD instruments
- CySEC regulated.
- No fees on deposits and withdrawals.
- MetaTrader 4 available.
