About Sirius Markets
Overview
Sirius Markets is a forex and CFD broker registered in Saint Vincent and the Grenadines, having been founded on May 7, 2020. The company operates under the domain siriustrades.com and presents itself as a multi-asset broker offering trading in forex, cryptocurrencies, stocks, indices, and commodities. However, public information about the broker is limited, and its official website has been reported as inaccessible.
Based on available records, the broker’s corporate entity is registered in SVG, a jurisdiction known for minimal regulatory oversight. FXCanary’s assessment has assigned a scam risk score of 51 out of 100, reflecting an elevated level of risk. This score is primarily driven by the lack of credible regulation and transparency in the broker’s operations.
Regulatory Status
Sirius Markets does not hold any license from a recognized financial regulator. The known facts confirm that the broker is unregulated, meaning it is not subject to oversight by authorities such as the FCA, CySEC, or ASIC. This absence of regulation is a significant red flag for traders who require protections like negative balance protection, client fund segregation, and access to dispute resolution mechanisms.
Trading with an unregulated broker carries inherent risks, including the possibility of fund loss without legal recourse. Traders are advised to carefully consider these risks before engaging with Sirius Markets. The broker’s registration in Saint Vincent and the Grenadines does not imply compliance with international financial standards.
Trading Instruments
According to its company description, Sirius Markets claims to provide a wide range of financial instruments for trading. These include forex pairs, cryptocurrencies, stocks, indices, and commodities. This broad offering suggests the broker targets retail traders seeking diverse market exposure under one account.
However, without access to the live website, it is not possible to verify the specific instruments, spreads, or trading conditions offered. The lack of verifiable information adds to the uncertainty surrounding the broker’s actual product offering.
Account Types and Platforms
Details on account types and trading platforms are not publicly available due to the inaccessibility of the broker’s website. Industry databases and aggregated data sources do not provide additional information on this broker. It is therefore unclear what minimum deposit requirements, leverage options, or account tiers are offered.
Similarly, the trading platform (e.g., MetaTrader 4/5, cTrader, or proprietary) has not been confirmed. Potential traders should approach with caution as the absence of this basic information is unusual for a functioning brokerage.
Client Funds and Transparency
Sirius Markets has not disclosed information about client fund segregation or deposit protection. The broker’s use of a virtual address in Saint Vincent and the Grenadines raises concerns about transparency regarding its physical operations and ownership.
Moreover, the company has no independent user reviews or verifiable track record. In our assessment, the combination of no regulation, an inaccessible website, and minimal public information constitutes a high-risk profile for any trader considering this broker.
Overview compiled by FXCanary from regulatory records and public data. full Sirius Markets review