BrokerHiveX
SterlingPro MarketsSuspected of fraud

SterlingPro Markets

1.90
Suspected of fraudAmerica
Time

1Year

Contact Information
Website
Industry Echelon

Basic Information

Company
Regulatory
Risk Monitor
Download
Documents
Country
America
Market Type
foreign exchange
Enterprise Type
Brokerage
Service
Provide trading services for a variety of financial products such as foreign exchange (Forex), contracts for difference (CFD), stocks, commodities, indices, etc.
Support Languages
Chinese, English
Domain Registration Date
2024-09-18
Business Status
Suspected of fraud

Company IntroductionWeb Analytics

Company Introduction

SterlingPro Markets is an online brokerage platform that claims to provide foreign exchange, commodities, indices and cryptocurrency contracts for difference (CFD) trading services. Its website is https://sterlingpromarkets.com/ The company claims to have global operational capabilities and diversified financial products, but based on public information, there are significant opacities in its corporate background, registration information, and regulatory information.

SterlingPro Markets has not disclosed its headquarters or licensing authority, nor has it provided any regulatory approval number. Its website is primarily based on marketing rhetoric, frequently using misleading terms like "fast withdrawals," "zero spreads," and "high leverage returns," while providing no verifiable compliance documentation or third-party audit reports. This combination of missing information and excessive advertising easily aligns with the platform's reputation as high-risk or fraudulent.

Overall, SterlingPro Markets' corporate structure lacks transparency, and its so-called "international financial group" positioning lacks any substantive basis, posing high operational and financial risks.

🌐Global layout and brand background

SterlingPro Markets claims to have clients across Europe, Asia, and the Middle East, but does not list specific branches, licenses, or regulatory filings. Inquiries have failed to identify the company in major regulatory databases, including those of the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC).

Furthermore, the SterlingPro Markets domain name was registered relatively recently, with the registrant information hidden, a characteristic consistent with many short-lived, makeshift, and suspicious forex websites. The website's claim of "British financial spirit as its core value" is clearly marketing fluff and lacks factual support.

Many users reported in the foreign exchange rights protection community that the platform has problems such as inducing deposits, delayed withdrawals, account freezes, and loss of customer service, which further confirms its high-risk nature.



💹Trading products and services

SterlingPro Markets advertises its CFD product lines, including forex, precious metals, energy, indices, and cryptocurrencies, boasting "zero commission," "up to 1:1000 leverage," and "no slippage." However, the platform does not disclose trading details or the source of its liquidity providers, nor does it clearly explain the spread range and actual costs.

This ambiguous trading structure makes it difficult for investors to determine the authenticity of the trading mechanism. Unregulated platforms often adopt an internal betting (B-Book) model, where all trades are matched by the platform itself. This means that price trends and trade execution can be manipulated by backend operators, placing users in an extremely unfavorable trading environment.



💻Trading technology and platform experience

SterlingPro Markets claims to support the MetaTrader 5 (MT5) trading platform, but its website does not provide any officially authorized server numbers or MetaQuotes verification records, suggesting it uses a counterfeit terminal to simulate the trading environment. Some users have reported experiencing significant slippage, order delays, and forced liquidations during trading.

Furthermore, the website does not utilize SSL security encryption, posing a risk of privacy breaches when users log in or upload identification documents. The platform's overall design is rudimentary, lacking any real technical support, and falls far short of the professional standards expected of a licensed broker.



🛡️Regulatory compliance and fund security

Regulatory compliance is a key criterion for assessing the credibility of a forex broker. However, SterlingPro Markets does not disclose any regulatory approvals on its website or in its terms and conditions, nor does it disclose the use of custodial banks or segregated accounts for client funds.

A review of regulatory databases in multiple countries has revealed no matching license information for SterlingPro Markets or its related entities. This means the platform is completely unregulated, with client funds neither segregated nor legally protected. If the platform shuts down or denies withdrawals, investors will be unable to file a complaint with regulators or recover their funds.



⚡Trading conditions and experience

SterlingPro Markets claims to offer high leverage (up to 1:1000), tight spreads, and fast execution, but these advantages are inherently risky in an unregulated environment. While high leverage can magnify gains, it can also magnify losses. Furthermore, unregulated platforms can manipulate prices and slippage through back-office processes, causing investors to lose their principal without realizing it.

Many investors have reported that after users make a profit, the platform will require them to pay additional "taxes" or "account verification deposits" before they can withdraw their funds. However, after paying, their accounts are permanently frozen. This tactic is a typical forex scam.



🎓Customer support and value-added services

SterlingPro Markets claims to offer 24/7 customer support, but in reality, only two contact methods are available: an online form and email. Multiple users report that while customer service was responsive during account opening and deposits, it was completely disconnected during withdrawals or complaints. The "trading education materials" and "market analysis" advertised on the website are often low-quality or plagiarized from other websites, lacking any professional depth.

This type of disguised customer service is often used to create the image of a legitimate broker in order to gain investors' trust and induce more deposits.



⚠️Risk Warning and Platform Positioning

CrestPrime Markets has several high-risk characteristics:

  • Not authorized by any international regulatory body;

  • New domain name registration and information hiding;

  • Forged transaction terminals and false platform authorizations;

  • There are difficulties in withdrawing funds and the customer service is out of touch;

  • There is no custodial bank and fund isolation mechanism.

According to the BrokerHiveX risk assessment system, SterlingPro Markets is a high-risk, unregulated platform. Its primary purpose may be to lure investors into depositing funds through a fraudulent trading system, then delay or deny withdrawals, thereby generating illicit profits. Investors should avoid any form of investment.



🔍Comprehensive analysis and evaluation

Overall, SterlingPro Markets does not meet the requirements to operate as a qualified forex broker. The platform has serious issues with regulatory compliance, fund security, customer service, and information transparency. Its operating model closely resembles that of numerous forex fraud cases, making it a high-risk and questionable broker.

SterlingPro Markets has been blacklisted in the BrokerHiveX risk control system. Investors registered with the platform should immediately cease trading, preserve all evidence, and seek professional legal assistance.

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Selected Enterprise Evaluation

2.17

Total 3 comments
****
1.00
I deposited $300 with SterlingPro Markets after seeing their ads on social media. Everything seemed fine until I tried to withdraw — suddenly my account was ‘under review’ and the support team stopped replying. It’s been over a month with no progress. This platform looks like a total scam.

Reply

****
1.50
The website looks professional but the reality is very different. I noticed strange price movements and frequent platform freezes during trades. When I asked about it, the support team vanished. I regret ever trusting SterlingPro Markets — stay away if you value your money.

Reply

****
4.00
I was unfortunately targeted by an online investment scam after investing more than $2M based on promised high returns. When I attempted to withdraw funds, my account was frozen, and the platform demanded additional “verification” payments—an immediate red flag I later worked with an asset-recovery professional who helped me recover a portion of the lost funds (about $450,000). While experiences and outcomes differ, I appreciated the support throughout the process. This incident highlights the importance of strong cybersecurity awareness: Email: (dorisashley71 (@) gmail. com ) or via WhatsApp at +1 .- (404) 721 56 08.) always verify platform legitimacy, conduct independent research before investing, and be cautious of platforms requiring unexpected payments for withdrawals. Staying informed is crucial to protecting your financial assets in the digital space.

Reply

~ There's nothing more ~

About SterlingPro Markets's questions

01

Ask:Is SterlingPro Markets regulated by any authoritative financial regulator?

Answer:No. SterlingPro Markets does not publish any regulatory license numbers or authorization information on its official website. Verification shows that its name does not appear in the databases of major regulatory bodies, such as the FCA (UK), ASIC (Australia), and CySEC (Cyprus). This means that the platform operates without regulation, and the security of client funds lacks any legal protection. If the platform denies withdrawals or shuts down its website, investors will be unable to recover their funds through legal channels.

02

Ask:Why do investors complain about withdrawal difficulties with SterlingPro Markets?

Answer:Numerous users have reported delays or rejections of withdrawal requests due to citing reasons such as "system maintenance," "account verification," or "tax payments." Since SterlingPro Markets does not maintain segregated accounts or maintain third-party audit oversight, its backend may directly control the flow of funds. Such withdrawal rejections are a typical high-risk indicator of an unregulated forex platform. Investors should immediately stop depositing funds and retain all communication records for potential legal action.

03

Ask:Are the high leverage and low spreads advertised by SterlingPro Markets real?

Answer:The platform claims to offer leverage of up to 1:1000 and "ultra-low spreads," but this claim is not supported by any third-party verification data. High leverage is often used to attract investors, but can be manipulated by the platform's backend in an unregulated environment, leading to rapid account liquidations or malicious liquidations. In reality, SterlingPro Markets' trading environment is extremely opaque, and the prices and execution results seen by investors are highly susceptible to manipulation. The so-called "high returns" are merely a gimmick to attract retail investors.