These days, Forex brokers exist in an environment of tough rivalry. Therefore, they have to improve the quality of their services, simultaneously offering competitive trading conditions, maximum comfort, innovative products and various pleasant bonuses.
Sovereign Trade Group is one of such companies. In this article, we will have a closer look at it in order to find out whether it can be a good choice for Forex traders.
Sovereign Trade Group: Comfortable Trading For Everyone
According to Alexander Berzinskis, a representative of Sovereign Trade Group, the rivalry in the contemporary financial service industry is getting tougher. Brokers fight for clients with the help of innovative products and competitive trading conditions. Moreover, nearly every other broking company offers PAMM services for those who do not have any necessary trading skills but still earn to make money.
Still, there are so many unsolved issues that bother traders (i.e. potential and existing clients). So they need to be solved urgently. Sovereign Trade Group was founded on the basis of this assumption. In order to succeed, a Forex broker has to be among the industry’s best, which is only possible through a client-oriented approach.
The idea of creating Sovereign Trade Group was born out of the search of a broker that could meet the demands of various types of traders (scalpers, mid-term traders, long-term investors and those who look for institutional brokers) and simultaneously offer a wide range of assets, tight spreads, micro accounts and low fees. That is how the company was created.
The “About the Company” page reads:
The activities of the Sovereign Trade Group Company and its strategic partner NERILIA TRADING LTD are aimed at providing premium services in the field of brokerage operations in the world financial markets. The company strives to provide its clients with the most beneficial trading conditions in the wide range of financial instruments constantly perfecting its work and implementing the most innovative products in the market.
The use of the most up-to-date technologies of client order processing ensures the minimal buy/sell price difference alongside high-speed of trading orders’ placement and execution regardless of the market volatility. At the same time any Sovereign Trade Group client is always provided with 100% liquidity by the largest suppliers such as Deutsche Bank, UBS, JP Morgan and others. The above said allows STG to offer its clients the best price in the market for any provided instrument and the use of Non-dealing desk technology rules out the possibility of interest dispute between the Company and the client. It means that the client orders are sent directly to the market through electronic trading systems without any intermediaries.
We do not in any way impede scalping and the use of automated trading platforms. Sovereign Trade Group is interested in long-term partnership with our clients and it does everything in its power for them to be successful. We deliberately discarded the scheme of work where the clients’ orders stay in the broker’s server to rule out force majeure events influencing payouts and achieve maximum transparency of the Company’s operation. In addition the Company’s funds are located separately from the clients’ funds which guarantees their safekeeping.
In its turn this sets strict requirements of the trading orders’ execution by the Broker as well as the safety of asset placement. To secure the investors’ funds we strive for transparency in relations with our counter parties and introduce all measures possible to provide the security of non-trading operations.
Sovereign Trade Group has a department of own trading which provides the services of asset management for investors and gives an opportunity to reanimate a trading account. 24-hour support ensures timely response to questions and suggestions of the clients. Analytical reviews and recommendations as well as on-line seminars allow beginners and experienced traders to receive useful information from professionals.
Advantages of the Company
- 40 currency pairs, CFD contracts in 12 world stock indices, gold, silver, petrol;
- setting pending orders at any distance from the current price including inside the spread;
- minimal lot equals 1,000 units of the base currency;
- no requoting or slippage;
- client order execution with the use of Non Dealing Desk Technology (NDD);
- an opportunity to choose the leverage from 1:1 to 1:500 depending on the account type;
- transparent quoting without intermediaries between the Market Maker and your terminal;
- instant order execution regardless of the market volatility;
- protection of the transaction data, complete privacy;
- special offers and bonuses;
- 24-hour technical support;
- PAMM accounts that allow investors to efficiently manage the capital distributing it among the most profitable traders and allow a trader to work with investors’ funds in one account;
- no manual dealing;
- timely payouts regardless of the volume of funds;
- exclusive daily analysis;
- available account types:
1. Demo account;
2. Mini account (up to 2,000 USD)
3. Standard account (from 100 USD)
4. ECN account (from 1,000 USD)
5. PAMM account (from 500 USD)
Moreover, Sovereign Trade Group provides access to the world’s major stock marketplaces (London Stock Exchange (LSE), New York Stock Exchange (NYSE), NASDAQ Stock Market, Chicago Stock Exchange etc.).
All the information given below says that Sovereign Trade Group is a perfect choice for all kind of traders.
