Sterling Asset is a forex broker whose official website domain was registered on March 26, 2023, primarily offering investors trading services in financial derivatives such as foreign exchange, stocks, indices, energy, metals, and ETF contracts for difference. This broker does not provide services to jurisdictions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status:
Public information on the Sterling Asset official website shows that the broker has multiple corporate entities, regulated by various regulatory bodies. Among them, Sterling Asset Ltd is authorized and licensed by the Cyprus Securities and Exchange Commission (CySEC), with license number 177805. Sterling Asset (registration number HRB169257B) is a designated agent of Sterling Asset Ltd registered with the German Federal Financial Supervisory Authority (BaFin), and this broker was authorized by the Mauritius Financial Services Commission (FSC) as an investment trader and is regulated by it since October 2, 2017, with license number C175894381. TVH Ltd is authorized and regulated by the Seychelles Financial Services Authority (FSA), with license number SD055.
According to verification of its official website's public information, the Cyprus Securities and Exchange Commission (CySEC), German Federal Financial Supervisory Authority (BaFin), Mauritius Financial Services Commission (FSC), and Seychelles Financial Services Authority (FSA) did not have regulatory information on this broker.
Account Opening:
To open an account with Sterling Asset: visit the broker's official website, click on "SIGN UP FOR FREE" on the homepage or "SIGN UP" in the top right corner of the webpage to enter the account registration page. Fill in personal information such as name, email address, and set a login password to submit. Once the application is submitted, the account is registered successfully.
Trading Plans:
Sterling Asset offers users four trading plans: STARTER, BASIC, PRO, EXECUTIVE.
STARTER:
- Minimum investment: $500
- Maximum investment: $1,000
- Investment return rate: 6.50%
- Three days of overnight interest
- Trading period: 21 days
- Daily double bonus
- Instant trading methods: Copy trading/Trading robots
- Demo trading provided
- Advanced broker provided
BASIC:
- Minimum investment: $1,500
- Maximum investment: $4,000
- Investment return rate: 10.50%
- Three days of overnight interest
- Trading period: 21 days
- Bonus sent via e-wallet
- Instant trading methods: Copy trading/Trading robots
- Demo trading provided
- Basic broker provided
PRO:
- Minimum investment: $5,000
- Maximum investment: $9,000
- Investment return rate: 15.50%
- Weekly overnight interest
- Trading period: 1 month
- Exclusive daily bonus
- Instant trading methods: Copy trading/Trading robots
- Demo trading provided
- Professional broker provided
EXECUTIVE:
- Minimum investment: $10,000
- Maximum investment: $50,000
- Investment return rate: 20.30%
- Weekly overnight interest
- Trading period: 1 month
- Advanced daily bonus
- Instant trading methods: Copy trading/API keys
- Demo trading provided
- Executive broker (expert) provided
Trading Platform:
Sterling Asset offers users a proprietary trading platform.
Deposits and Withdrawals:
Sterling Asset supports deposits and withdrawals through local banks, e-wallets, or cryptocurrencies.
Summary:
Traderknows reminds investors that Sterling Asset is a scam platform providing false regulatory information and luring investors with so-called high returns. Traderknows advises investors to choose brokers that are transparent, strongly regulated, and have a good reputation for their investment and trading activities to avoid unnecessary losses to their assets.
Currently, this broker is marked as a "Pig Butchering Scam" on Traderknows.
