Sheer Markets Review
351
Review
Fast Facts
Account types
| Classic Account | Classic Plus Account | Prime Account | Prime Plus Account | |
|---|---|---|---|---|
| Minimum Deposit | 200 USD | 2'500 USD | 200 USD | 2'500 USD |
| Maximum Leverage | 1:100 | |||
| Spread from (pips) | ||||
| Commission per lot (USD) | 0 | 8 | 7 | |
| Minimum Trade Size | ||||
| Step | ||||
| Execution Type | ||||
| Trading Instruments | Crypto, Stocks, CFDs, Indices, Commodities, Forex | |||
| Margin Call | ||||
| Stop out | ||||
| Swap Free | ||||
| Currency | USD | |||
Deposits / Withdrawals
- Deposit Methods: Bank Wire Transfer
- Withdrawal Methods: Bank Wire Transfer
- Account Currencies: USD
Contact Info and Support
331, 28th October Avenue, Lido House Block 2, Unit 365, 3106, Limassol, Cyprus
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | May 2026 | 0 |
| June 2026 | 0 | |
| July 2026 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About Sheer Markets
Sheer Markets is a Cyprus-based brokerage firm operating under the trading name Sheer Markets (CY) Ltd. The company is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence number 395/20. Its registered office is located at 331, 28th October Avenue, Lido House Block 2, Unit 365, 3106, Limassol, Cyprus. The official website is sheermarkets.com. ,
The broker offers trading in multiple asset classes, including Forex, stocks/equities, cryptocurrencies, commodities, indices, and CFDs. Trading is available via the MetaTrader 5 (MT5) platform. Account types include Classic, Classic Plus, Prime, and Prime Plus accounts. Minimum deposits start from USD 200, with maximum leverage up to 1:100. Commissions range from 0 USD on Classic and Classic Plus accounts to USD 7–8 on Prime and Prime Plus accounts. All accounts use USD as the base currency. The broker permits Expert Advisors (EAs) but does not allow hedging or scalping strategies, and it does not provide negative balance protection or swap-free/Islamic options.
Who it’s for
- Traders seeking CySEC-regulated brokerage services within the EU framework.
- Users preferring the MT5 platform for multi-asset CFD trading.
- Clients with moderate to higher initial deposits who value defined commission structures.
Pros and cons
Pros
- CySEC-regulated with licence number 395/20.
- Access to MT5 and multiple asset classes.
- Transparent account structure and commission setup.
Cons
- No negative balance protection or swap-free accounts.
- Hedging and scalping not permitted.
- USD-only base currency limits account flexibility.
