Sterling Asset Review

About Sterling Asset

Sterling Asset markets itself as regulated by several bodies, claiming authorization under CySEC (Licence No. 177805), BaFin (Registration No. HRB 169257B) as a tied agent of Sterling Asset Ltd in Germany, the FSC (Mauritius) as an Investment Dealer (Licence No. C175894381), and the Seychelles FSA under TVH Ltd (Licence No. SD055) . However, the UK Financial Conduct Authority (FCA) has issued a warning that the firm “STERLING ASSET” is unauthorised and may be providing financial services or products without permission, specifying the website www.sterlingasset.net as associated with the warning . Searches in the registers of the claimed regulators revealed no matching records, indicating that the regulatory claims are unverified .

Who it’s for

• Investors seeking brokers with verified, transparent regulatory status should avoid engaging—as Sterling Asset’s regulatory claims are unsupported by official registers.
• Traders requiring confidence in compliance with investor-protection frameworks should consider regulated alternatives given Sterling Asset’s unauthorised status in the UK.

Pros and cons

Pros

• No confirmed regulatory protections; claims of licences are unsubstantiated in public regulatory registers.
• Warning issued by the UK FCA concerning unauthorised activities under the name “STERLING ASSET”.

Cons

• Outstanding FCA warning dated 19 December 2023 against www.sterlingasset.net .
• No verification of licences in CySEC, BaFin, FSC Mauritius, or Seychelles FSA databases .
• Sterling Asset is effectively unregulated; investor funds lack protection, and due recourse mechanisms may not be available.