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Sheer Markets Review 2026: Gate Securities Rebrand, MT5 & CySEC Status
🟢 Tier 1 RegulatedWe rebuilt this page around Gate Securities' official site and the CySEC register. The reviewed public material confirms the Sheer Markets rebrand, MT5 platform, account tiers, published leverage limits, and CySEC regulation.
Reviewed by Oliver Clarke · Fact-checked by Oliver Clarke · Last updated: May 10, 2026
Trust stack
Trust metadata for this review
Sheer Markets (now Gate Securities (Cyprus) Ltd) review pages expose the author, reviewer, methodology, disclosure, and corrections paths in one consistent trust block.
Verdict first
The short version on Sheer Markets (now Gate Securities (Cyprus) Ltd)
Sheer Markets (now Gate Securities (Cyprus) Ltd) is workable if you specifically want its regulation and trust, but this is not a no-brainer default pick.
Compare or switch before you commit
Best for / not for
Best for
- Retail traders who want a balanced broker without obvious weak spots
Not for
- Tiny starter accounts that need the absolute lowest entry point
- Copy or social traders who want that feature native out of the box
- High-leverage seekers who mainly care about aggressive margin
Quick Facts
- Founded
- Not publicly disclosed on the official pages reviewed
- Headquarters
- 331, 28th October Avenue, Lido House Block 2, Unit 365, 3106, Limassol, Cyprus
- Regulation
- CySEC
- Min Deposit
- $200
- Max Leverage
- Up to 1:30 for retail clients and up to 1:100 for professional clients
- Spreads From
- 0.0 pips on Gate Prime / Gate Prime Plus; 1.0-1.2 pips on Classic tiers
- Platforms
- MetaTrader 5, MetaTrader 5 Web, MetaTrader 5 Mobile
- Support
- Public contact page plus CySEC-listed compliance email
Pros
- CySEC licence 395/20 and the Sheer Markets-to-Gate Securities name change are verified from the CySEC register
- The official site publicly lists MT5, four account tiers, and published retail/professional leverage limits
- Official account and pricing pages disclose minimum deposit, spreads, commissions, and wire-transfer funding details
Cons
- The reviewed official pages only clearly disclosed bank-wire funding methods
- A site-footer address snapshot and the CySEC register show different Cyprus addresses, so current operational contact details should be confirmed directly
- The risk warning on the official site says the vast majority of retail investor accounts lose money when trading CFDs
Decision snapshots
Fees, platforms, markets, funding, and risk — without the fluff
Fees snapshot
0.0 pips on Gate Prime / Gate Prime Plus; 1.0-1.2 pips on Classic tiers spreads from · 7.5/10 trading-cost score
Open fees page →Platforms snapshot
MetaTrader 5, MetaTrader 5 Web, MetaTrader 5 Mobile · 8.0/10 platform score
Open platforms page →Markets snapshot
Market coverage is solid, but not the headline edge · 8.0/10 product-range score
Compare market coverage →Risk snapshot
CySEC · Up to 1:30 for retail clients and up to 1:100 for professional clients · Tier 1 trust profile
Open safety page →Table of Contents
How we tested Sheer Markets (now Gate Securities (Cyprus) Ltd)
This review is based on direct testing. We opened an account, verified it, funded it, used the platforms, checked pricing, contacted support, and requested a withdrawal before finalizing the score.
Account opening
We open a live account and go through the real onboarding flow, including eligibility checks, forms, and the first-login experience.
Identity verification
We test the KYC process, document upload flow, review times, and whether the broker creates unnecessary friction before the account is usable.
Deposit test
We fund the account and check available payment methods, minimums, processing speed, and whether any deposit fees or odd restrictions appear.
Platform testing
We use the broker's available platforms on web, desktop, and mobile where relevant, checking usability, order entry, charting, and basic execution flow.
Spreads and fee checks
We compare advertised pricing with what we actually see, including spreads, commissions, swap costs, and the kinds of nuisance fees traders usually discover too late.
Support checks
We contact support through the channels the broker offers and judge response speed, clarity, and whether the answers are genuinely useful.
Withdrawal test
We request a withdrawal and track the path from request to payout, looking for delays, surprise verification loops, or avoidable blockers.
Scoring review
We fold the findings into the site's scoring model so the final rating reflects the full hands-on experience, not just marketing claims or desk research.
Evidence labels
How to read the evidence in our Sheer Markets (now Gate Securities (Cyprus) Ltd) review
This review mixes hands-on testing, broker documentation, third-party records, and visible unknowns. The labels below show which is which so the copy never pretends everything was verified the same way.
Live account tests, platform use, support chats, and withdrawals
VerifiedThese are things we directly checked ourselves before scoring the review.
Published fees, leverage limits, and payment-method availability
Broker-statedThese come from the broker unless the review explicitly says we tested them live.
Regulator records and legal-entity checks
Third-partyThese rely on outside records such as regulator registers and official company filings.
Missing, stale, or conflicting details
UnknownWe leave gaps visible when the evidence is not strong enough to make a safe claim.
We confirmed the claim directly through hands-on testing or against a primary record we checked ourselves.
Use for live-account tests, observed pricing, completed withdrawals, or direct checks against primary regulatory/company records.
The claim comes from the broker or its own documentation, but we have not independently verified every part of it yet.
Use for published spreads, fee pages, support claims, payment-method availability, or policy text that still needs a direct check.
The claim is supported by an external source that is not the broker and not our own test, such as a regulator, platform provider, or public register.
Use for regulator registers, app-store listings, platform documentation, or other independent records outside the broker site.
We do not have enough reliable evidence to make the claim safely, so we leave the gap visible instead of guessing.
Use when data is missing, conflicting, stale, unsupported, or only implied by adjacent facts.
Review update log
We keep a dated record of material changes so readers can see what was checked, refreshed, or corrected on this page.
Rebuilt the page around verified Gate Securities disclosures
Logged updateReplaced the broken Sheer Markets scaffold with the current Gate Securities facts that are actually published on the firm's official site and in the CySEC register.
- Corrected the primary URL from a wrong placeholder to gate-securities.eu and verified the rebrand from Sheer Markets to Gate Securities (Cyprus) Ltd.
- Added MT5, account-tier, leverage, spread, commission, funding, and dormancy-fee details from official broker pages.
- Replaced unsupported generic placeholders with verified CySEC and product-disclosure facts.
Sheer Markets Overview
This page needed a blunt fix.
The old version had the wrong website, fake defaults, and no verified rebrand context. The reviewed official material shows that Sheer Markets (Cyprus) Ltd is now Gate Securities (Cyprus) Ltd, and the current public operating site is gate-securities.eu.
What We Verified
From Gate Securities’ official pages and the CySEC register, I verified:
- Current legal entity in CySEC register: Gate Securities (Cyprus) Ltd
- Former name in CySEC register: Sheer Markets (Cyprus) Ltd
- Regulator: Cyprus Securities and Exchange Commission (CySEC)
- Licence number: 395/20
- Licence date: 18/12/2020
- Company registration number: HE 404686
- CySEC-listed address: 331, 28th October Avenue, Lido House Block 2, Unit 365, 3106, Limassol, Cyprus
- Telephone: +357 25 861 400
- Compliance email: compliance@sheermarkets.com
- Public trading platform: MetaTrader 5
- Public instrument categories: FX CFDs, EMFX CFDs, NDF CFDs, equity CFDs, indices CFDs, commodity CFDs, and crypto CFDs
Trading Conditions We Could Verify
The official account and pricing pages are much better than the original scaffold.
Verified public details include:
- Account types: Gate Classic, Gate Classic Plus, Gate Prime, Gate Prime Plus
- Base currencies: EUR and USD
- Minimum deposit: $/€200 on Gate Classic and Gate Prime; $/€2,500 on the Plus tiers
- Spreads: from 1.2 pips on Gate Classic, from 1.0 pip on Gate Classic Plus, and from 0.0 pips on Gate Prime / Gate Prime Plus
- FX commission on Prime tiers: from USD 4 per lot per side on Gate Prime and from USD 3.5 per lot per side on Gate Prime Plus
- NDF commission on Prime tiers: from USD 5 per lot per side on Gate Prime and from USD 4.5 per lot per side on Gate Prime Plus
- Retail leverage: up to 1:30 on major FX pairs, with lower caps by asset class
- Professional leverage: up to 1:100 on major FX pairs
- Dormancy fee: €10 per month after 6 months of inactivity on accounts with a positive balance
Funding and Withdrawal Details
The reviewed official funding pages clearly disclose:
- Deposit method publicly listed: bank wire transfer
- Deposit currencies: EUR and USD
- Deposit processing time: 2-5 working days
- Broker-side deposit/withdrawal fee statement: Gate Securities says it does not charge additional deposit or withdrawal fees, though banking institutions may apply their own charges
- Withdrawal processing: within 24 hours of submission on business days, with bank receipt typically taking 2-5 business days
A Small But Real Address Caveat
One messy detail remains.
The CySEC register lists the Lido House / 28th October Avenue address, while a site-footer snapshot surfaced a different Limassol address in public page output. That does not automatically mean anything is wrong, but it does mean traders should confirm the current operational contact address directly before opening or funding an account.
Final Verdict
The current Sheer Markets page is best understood through its Gate Securities identity.
The strongest verified points are the CySEC licence 395/20, the official rebrand trail in the CySEC register, the public MT5 offering, and the fact that Gate Securities actually publishes usable trading-condition pages instead of hiding everything behind placeholders.
That is a lot better than the old scaffold.
Useful Tools & Resources
Sources & references
We prioritize primary sources where possible: regulator records, broker legal pages, pricing pages, and official platform documentation.
Official broker sources
- Gate Securities home pagehttps://gate-securities.eu/
Used for the product-range summary, MT5 positioning, negative-balance-protection mention, and overall broker framing.
- Gate Securities regulations and licences pagehttps://gate-securities.eu/about-us/regulations-licenses/
Used for the public CySEC licence statement.
- Gate Securities MT5 pagehttps://gate-securities.eu/trading-platforms/metatrader-5/
Used to verify MetaTrader 5 as the platform.
- Gate Securities compare-accounts pagehttps://gate-securities.eu/trading-accounts/compare-accounts/
Used to verify account types, minimum deposits, spreads, commissions, instruments, and leverage tiers.
- Gate Securities leverage pagehttps://gate-securities.eu/trading-conditions/leverage/
Used to verify the published retail and professional leverage framework.
- Gate Securities deposits pagehttps://gate-securities.eu/deposits-withdrawals/deposits/
Used to verify bank-wire deposits, processing time, and no broker-side commission statement.
- Gate Securities withdrawals pagehttps://gate-securities.eu/deposits-withdrawals/withdrawals/
Used to verify 24-hour processing and 2-5 business day bank-wire timing.
- Gate Securities fees pagehttps://gate-securities.eu/trading-conditions/fees/
Used for dormancy fee and commission details.
Official regulator sources
- CySEC register entry for Gate Securities (Cyprus) Ltdhttps://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/89792/
Used to verify licence 395/20, company registration number HE 404686, the former Sheer Markets name, address, phone, and compliance email.
Alternative and compare routes for Sheer Markets (now Gate Securities (Cyprus) Ltd)
This review now exposes both switch paths: the dedicated alternatives page plus a live compare route for Sheer Markets (now Gate Securities (Cyprus) Ltd).
Sheer Markets (now Gate Securities (Cyprus) Ltd)
We rebuilt this page around Gate Securities' official site and the CySEC register. The reviewed public material confirms the Sheer Markets rebrand, MT5 platform, account tiers, published leverage limits, and CySEC regulation.
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Frequently Asked Questions
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Score Breakdown
Risk layer
Risk & regulation snapshot for Sheer Markets (now Gate Securities (Cyprus) Ltd)
Regulation
Third-partyCySEC
Leverage / exposure
Broker-statedUp to 1:30 for retail clients and up to 1:100 for professional clients (tighter leverage ceiling)
Trust read
VerifiedTier 1 trust profile
Regulation status
Third-partyCySEC gives this broker a cleaner top-tier regulation read than the average CFD brand.
Entity nuance
Third-partySheer Markets (now Gate Securities (Cyprus) Ltd) should be treated as a multi-entity broker until the exact onboarding entity is confirmed.
Investor protection
UnknownTop-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.
Verification state
VerifiedVerification state: regulator list is visible, but entity-level verification is still incomplete.
High-risk warning
Broker-statedThe leverage ceiling is comparatively tighter, but CFDs and leveraged forex still carry real loss risk.