MT5 NDFs broker Sheer Markets goes offshore with Labuan LFSA license
Cyprus based NDFs focused broker Sheer Markets has announced that it has launched operations covering the LATAM, Africa, Asia and Oceania traders and investors, via a new offshore subsidiary in Labuan.
Sheer Markets said it believes that regulation is the only thing assuring clients that their broker of choice is above all legitimate and ensures that their investment is enjoyable. Based on this philosophy, Sheer Markets who have been regulated within by the Cyprus Securities and Exchange Commission (CySEC) since 2020, is now taking this new step forward with an LFSA license to facilitate the overwhelming interest they have received from non-EU traders and expand into LATAM, Africa, Asia and Oceania.
Sheer Markets added that its mission has always been to introduce a new range of institutional products to retail traders worldwide. In addition to their traditional CFDs on FX, Equities, Indices, Commodities and Cryptocurrencies offering, they make NDFs & EMFX trading possible for retail traders, effectively allowing them to enter an untapped market with new investment potential, trading currencies like the Brazilian Real, Indian Rupee, and Korean Won.
Sheer Markets CEO, Howard Carr, commented:
“It is with great excitement that we take this major step into introducing the global community to NDFs and our array of over 1900 CFD trading instruments. As the economies of emerging markets develop further, demand for EMFX and NDFs from existing and new traders have only been widening and accelerating, accompanied by an expansion in liquidity and increased turnover. We are happy to be among the first financial institutions to redefine the industry and present traders and investors with new opportunities.”
Sheer Markets is one of the first financial institutions to innovate and launch live streaming of NDFs for retail traders through the MetaTrader 5 trading platform. In addition, they are one of the first to offer a unique portfolio management service and strategies that make institutional grade investments available to their retail clients.
