Sardis Global Information
Sardis Global is a global brokerage company registered in the Comoros Union while operates in Montenegro. It offers financial trading in forex, metals, commodities, indices and cryptos. The company also offers demo account for practicing and the popular MT5 trading platform for superior trading experience. Its tiered accounts cover the needs of a wide range of customer groups with different capital and experience levels.
Furthermore, free education and forex signals enable traders, no matter beginners or veterans, to learn essential financial knowledge quickly.
However, the company currently operates without regulation from any authorities, degrading its credibility and reliability.
Pros and Cons
Is Sardis Global Legit?
Sardis Global is not regulated by any financial authorities so far, which you should take into consideration before tapping into real trades with them, since lack of regulation usually means less financial security and customer protection.
What Can I Trade on Sardis Global?
Presently, Sardis Global mainly deals trading in four asset classes: forex, indices, commodities and cryptocurrencies.
-Forex: Allows investors to make profit or loss through price fluctuations of different currency pairs. There are 44 tradable pairs by Sardis Global so far including the most popular EURUSD, EURJPY, EURGBP, etc.
- Commodities: Sardis Global offers commodity trading in precious metals such as gold, silve, platnimum, as well as oil and gas products.
- Indices: You can invest in all three US Stock Indices: Dow Jones, Nasdaq, and SP500, through Sardis Markets. Other European and Japanese stock indices such as Nikkei 225, France 40 Index are also in the menu.
- Cryptocurrency: Investors have access to the most volatile yet dynamic crypto market with Sardis Global by trading cryptocurrencies against USD. Popular coins like BTC, ETH, LTC are among them.
Brokers constantly expand or obsolete products to catch up with market changes, always check the most updated information from their website.
Account Type
Sardis Global provides traders with a demo account and three live accounts: Standard account, Professional account and VIP account.
With the demo account, you can get familiar to the platform first before commiting real funds.
While for the tiered live accounts, trading conditions vary based on increasing asset size. For standard account, you need to deposit from $200 and the average spread is 5 pips. Moving next is the professional account, with a minimum deposit of $3,000 and a tighter average spread of 1 pip. Staying on the top is the VIP account who has the same average spread as professional account but requires a super high minimum deposit from $10,000.
Leverage range from 1:20 to 1:400 over all accounts, bringing both profits and risks at the same time, so it's wise for you to use leverage prudently.
Minimum deposit of this broker is relatively high comparing to industry standard, be sure you are acceptable for this and only choose to deposit the amount you can afford to lose.
Trading Platform
Sardis Global offers the world-renowned MetaTrader 5 platform, which is popular for its comprehensive functions with fast trade excution, order tracking and built-in anlysis charting tools. You can use the platform through web, or download the app on PC, iOS and Android devices to realize round-clock trading without location restrictions.
Customer Support Options
If you want any help or support from Sardis Global, you can reach them through phone, email, social media, or visit them in person in their Montenegro office.
In addition to the above, you can also submit a contact ticket on their website and wait for callback from a representative.
The Bottom Line
Sardis Global offers a wide selection of investment options for traders to diversify their investment portofolio. The MT5 trading platform and free education through a glossary page convenience users, especially for beginners, to quickly understand the investment world.
Nonetheless, some drawbacks stop the broker from becoming the ideal choice for all clients. Firstly, it is unregulated so far, meaning there might be loopholes in customer protection. Additionally, it does not provide services to clients in Turkey, USA, UAE, limiting regional operation. Last but not least, the high minimum deposits over its live accounts deter those with small capitals.
FAQs
Is Sardis Global safe?
Not really, since Sardis Global is not regulated by any recognized authorities so far.
Is Sardis Global good for beginners?
No, Sardis Global is not suitable for beginners. The unregulated status indicates less compliance to industry standards and it requires high minimum deposit, which is usually not recommended for beginners.
What trading platform does Sardis Global have?
Sardis Global offers the world most popular MT5 platform for trading.
Risk Warning
Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.