Sterlinglobemarket is an online trading platform offering CFD trading in forex, stocks, indices, futures, precious metals, energy, cryptocurrencies, and more. However, upon investigation, the platform does not appear to exist as a legitimate company entity, and there are many uncertainties about its operational background and related information.
Website Information
The platform’s official website domain is sterlinglobemarket.com. According to Whois, the domain was registered on April 18, 2024. Some of the content offered by the website is suspect, including missing or opaque information on company development history, trading software download links, and account types.
Company Background
The "ABOUT US" page on the official website claims the company was registered in Australia in 2013. However, verification reveals that this development history is actually copied from the corporate development introduction of another broker, TMGM, and is not Sterlinglobemarket’s authentic background information.
Trading Software
The platform claims to support trading through its self-developed software and cTrader. However, the download links provided on its website are blank, failing to provide actual download channels for the software.
Account Types
The website does not disclose its account type information, including details such as spreads, trading leverage, minimum deposit amounts, or trading commissions.
Deposit and Withdrawal Methods
The platform does not provide detailed information on its supported deposit and withdrawal methods on the website, nor does it disclose the processing time or whether additional fees apply. This lack of transparency could impact users' management of funds.
Agent Policy and Educational Resources
The platform’s website does not provide any information about its agent policy or any form of trading education resources, leaving users unable to obtain market knowledge or trading guidance on the platform.
Regulation Information
The platform’s website claims it is regulated by multiple financial regulatory agencies, as follows:
- Sterlinglobemarket Limited (Registration No. 8424819-1) is registered under Seychelles law and holds a securities dealer license from the Seychelles Financial Services Authority (FSA) (License No. SD037).
- Sterlinglobemarket™ is a trademark of TopFX Ltd, with registration number HE 274180, regulated by the Cyprus Securities and Exchange Commission (CySEC) and holds a Cyprus Investment Firm (CIF) license (License No. 138/11), VAT number 10274180P, compliant with the Markets in Financial Instruments Directive (MiFID II).
- Sterlinglobemarket Australia Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC) with registration number 436416.
- Trademax Global Limited is regulated by the Vanuatu Financial Services Commission (VFSC) under registration number 40356.
However, verification shows that the FSA (Seychelles Financial Services Authority) and CySEC (Cyprus Securities and Exchange Commission) regulatory information published on the official website actually belongs to the broker TopFX, and the ASIC (Australian Securities and Investments Commission) and VFSC (Vanuatu Financial Services Commission) regulatory information belongs to the broker TMGM, not held by Sterlinglobemarket itself.
Company Address and Employee Information
The website does not disclose its actual operating address. Additionally, the platform does not provide any employee information on the website, and no employee information about this company can be found on the public internet.
Website Traffic and Template
According to statistics from the well-known website data analysis platform Semrush, sterlinglobemarket.com has an average monthly visit count of less than 100, indicating almost no user engagement with the platform.
Additionally, the platform uses the same website template as several known suspicious trading websites, including Training Fx Easy, Expert Fx Trading, Fxlite Traders, etc. These platforms all employ the same web design, raising suspicion of a mass-produced template.
User Reviews and Brand Exposure
No user reviews of Sterlinglobemarket can be found online, nor are there any news reports about the platform, making its brand exposure extremely low.
Contact Information and Social Media
The platform’s website provides only limited contact information, including:
- Whatsapp: +1 623 213 5346
- Email: [email protected]
The platform does not have official accounts on major social media platforms such as LinkedIn, Facebook, Instagram, Twitter, or YouTube, lacking social media interaction and official information channels.
Risk Report
Based on the above information, countless risks are associated with Sterlinglobemarket’s operation, specifically in the following areas:
- Nonexistent Entity: Investigation confirms that the platform lacks a legitimate company entity, and its development history is sourced from other brokers' websites, lacking genuine and reliable background support.
- Questionable Regulation Information: The FSA, CySEC, ASIC, and VFSC regulatory information published on the website belongs to other brokers, not the platform’s own licenses.
- Inaccessible Trading Software: Although the website claims to support self-developed software and the cTrader trading platform, the download links provided are inaccessible, making it impossible to verify the authenticity and usability of the trading software.
- Opaque Account Types and Withdrawal Methods: Detailed account type information is not disclosed, and neither withdrawal methods nor fees are specified, making fund security assessments difficult.
- Extremely Low Website Traffic and Brand Impact: The website receives less than 100 visits on average per month, and there are no user reviews online, which skews the platform's brand exposure to being minimal.
- Website Template Matches Suspicious Platforms: The platform uses the same website template as several suspicious sites, enhancing its suspicious nature.
- Lack of Social Media Channels: Without official accounts on major social media, users lack effective communication and information acquisition channels.
Overall, Sterlinglobemarket presents significant uncertainties in several respects. Investors should thoroughly assess the platform's compliance, fund security, and trading environment to avoid potential investment risks.
