SHEER MARKETS Review 2026 — Trust Score 1.5/10 & Is It Safe?

SHEER MARKETS Review — Overview

Updated 22 Aug 2026

Regulation

Unregulated

Licence status

Not Regulated

Platforms

MT5

Max. leverage

1:30

Instruments

Cash NDF CFDs, Forex, Cryptos, Equities

Operating

Est. 2016

Website

Unknown

SHEER MARKETS is a cryptocurrency exchange based in Malaysia, established in 2016. On Trust Broker Hub it holds a Trust Score of 1.5 out of 10, which we rate as Unrated — below the 5.3/10 average for brokers that hold a verified licence. Too little verified information to rate — that is not a warning about this firm, and not a green light either.

We could not verify any regulatory licence for SHEER MARKETS. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

SHEER MARKETS provides access to Cash NDF CFDs, Forex, Cryptos, Equities. Published conditions include leverage up to 1:30. No complaints are currently on record. Overall, we hold too little verified information about SHEER MARKETS to say whether it is safe. Verify its licence with the regulator directly before depositing anything.

Trust score breakdown

How is this calculated?

Regulation no licence on record 1.0 / 10 × 50%

Transparency no trading-terms feed for exchanges 4.0 / 10 × 20%

Footprint track record 4.0 / 10 × 15%

Reviews no verified trader feedback yet 3.0 / 10 × 10%

Complaint record no complaint history on file 5.0 / 10 × 5%

Weighted total 2.45

Data completeness 1 of 5 facts verified 20% ×0.60

Trust Score 1.5 / 10

We could verify only 1 of 5 facts about SHEER MARKETS, so its score is scaled down. A missing licence, undisclosed trading terms or no track record cannot earn marks — absence of bad news is not evidence of safety.

Trust Score history

SHEER MARKETS currently scores 1.5/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

No unresolved complaints on record
Listed in our verified broker directory

Cons

No verified regulatory licence on record
Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for SHEER MARKETS. Treat with caution and verify before depositing.

Trading conditions

Self-reported

Instruments	Cash NDF CFDs, Forex, Cryptos, Equities, Indices, Commodities
Minimum deposit	Not disclosed
Maximum leverage	1:30
Typical spread	Not disclosed
Platforms	MT5
Demo account	Not disclosed

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on SHEER MARKETS

Editorial · updated 22 Aug 2026

Our analysis · editorial 1.5/10

Not enough verified information to rate

SHEER MARKETS does not hold a verified regulatory licence on record. Based in Malaysia, it has been operating for about 10 years. We hold too little verified information about SHEER MARKETS to publish a verdict on it. Its Trust Score of 1.5/10 reflects that absence of evidence, not any finding against the firm — and it is not a clean bill of health either.

Strengths

Long 10-year operating track record
Supports MT5 trading

Watch-outs

No verified regulatory licence on record — funds may lack protection

Bottom line: We cannot vouch for this firm either way. Verify its licence with the regulator directly before depositing anything.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

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SHEER MARKETS — Questions & Answers

0 questions

No questions yet about SHEER MARKETS. Be the first to ask — answers from the community and our team help every trader.

Complaints & alerts

0 on record

No complaints or regulator warnings on record

We monitor regulator alert lists and user reports. We'll flag SHEER MARKETS here if that changes.

File a complaint

Full specifications

Regulated region

Malaysia

License status

Not Regulated

Licences held

Suspicious Regulatory License, Exchange License

Instruments

Cash NDF CFDs, Forex, Cryptos, Equities, Indices, Commodities

Year founded

2016

Frequently asked

Is SHEER MARKETS a safe broker?

We hold too little verified information about SHEER MARKETS to answer that. We have no regulatory licence, no published trading terms and no trader reviews on file for it, which is why it scores 1.5 / 10 — that reflects what we could not verify, not a finding against the firm. Having nothing on record is not evidence that it is safe. Verify its licence with the regulator directly before depositing anything.

How is the SHEER MARKETS trust score calculated?

The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.

What does "offshore regulated" mean?

It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.

Can I withdraw funds easily from SHEER MARKETS?

SHEER MARKETS publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.