Sheer Markets aims high with FX and CFD liquidity from Match-Prime

Rick Steves

“We try to deliver an innovative product ourselves, which includes traditional CFDs on Foreign Exchange, Commodities, Stocks, Cryptocurrencies and Stock Indices, that’s why we needed a partner to rely on that understands modern business.”

Retail FX and CFD broker Sheer Markets has partnered with Match-Prime to gain access to its liquidity pool. The subsidiary of Match-Trade is a Liquidity Provider authorized and regulated by CySEC.

Match-Prime works exclusively with professional clients and institutions on a Prime of Prime model offering bespoke liquidity for Forex & other CFDs including a constantly growing number of crypto instruments.

Sheer Markets is aiming high

Howard Carr, Chief Executive Officer of Sheer Markets, commented: “As an entity regulated by CySEC, we strive to provide the highest quality services to our clients. Therefore, we are constantly looking for trustworthy partners who share our philosophy.

“We searched for a suitable liquidity provider for a long time and finally decided to cooperate with Match-Prime. We were convinced by their approach to us as partners, and their offer is constantly expanding.

“We try to deliver an innovative product ourselves, which includes traditional CFDs on Foreign Exchange, Commodities, Stocks, Cryptocurrencies and Stock Indices, that’s why we needed a partner to rely on that understands modern business. Currently, we are in constant contact, and the cooperation is very good. I’m certain it will remain so in the future.”

Andreas Kapsos, Chief Executive Officer of Match-Prime Liquidity, said: “Sheer Markets, just like our company, is a relatively new established organization, which is also regulated by the Cypriot Regulator; therefore we have a common understanding, knowing which are the potential problems that may arise.

“We are glad that such a team of professionals has trusted us. I am sure that our businesses will grow together. I believe that our deep, multi-level liquidity will help them take the next step in the right direction.”

FX and CFD brokers must go multi asset: Join free webinar from TraderEvolution to learn how

Sheer Markets as go-to broker for NDFs and EMFX

Sheer Markets was founded in 2019 and soon became a go-to broker for non-deliverable forwards (NDFs), emerging markets currencies (EMFX), and Cryptocurrencies, but its trading offering includes many other instruments such as CFDs on FX, Equities, Indices, Commodities.

Sheer Markets has recently acquired a license from Labuan, Malaysa to address demand from non-EU traders and to expand into LATAM, Africa, Asia, and Oceania.

The broker offers a varied product range with over 1900 CFD instruments that can be traded through the most popular platforms in the industry such as MetaTrader 5.

In early January, the FX and CFD broker partnered with Muinmos to enhance onboarding and regulatory compliance. The firm went with the mCHECK automated module for all relevant AML/KYC/KYB requirements, and it obtained the additional modules mPASS and mRX.

mPASS is designed for full financial product, services and cross-border clearances including automated categorisation, suitability and appropriateness checks.

mRX is a risk management module enabling Sheer Markets to risk profile their clients based on their pre-configured risk parameters. That way, the broker has tapped a fully automated AI-based onboarding solution.

Read this next

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Prisma Finance suffers $10 million crypto exploit, attack ongoing

Liquid staking protocol Prisma Finance fell victim to a security exploit on March 28, resulting in nearly $10 million in Prisma mkUSD and wrapped stETH being stolen by hackers.

Digital Assets

Masa and LayerZero: Bridging Blockchains for Data Sovereignty

Masa Network is poised to revolutionize the personal data landscape with its upcoming launch as a cross-chain platform, making it accessible on a variety of blockchains right from the start.

<