Independent rating of Forex broker Sucden

2/10 (votes 100)

On-line since

2007

Country of origin

Regulation

FCA

Payment options

wire transfer

Minimum account size

£ 5,000 or equivalent amount in US dollars

Minimum lot size

0.1 lot

Leverage

1:500

Spreads

2 pips on EUR/USD

Sucden Financial is a leading broker with a global reputation that has been providing online services since 2007. The company was founded in 1973. The rights to the brand are held by the British Corporation Sucden Financial Ltd, founded by the French sugar trading house Sucres et Denrees SA.
The broker operates in many countries. Its head office is located in London. Additionally, it has representative offices in Russia, the US, and China. Sucden Financial does not work with private traders as its activity is focused only on corporate clients. It offers services to hedge funds, banks, currency exchange companies, and other financial institutions.
Sucden Financial's clients have access to major markets, e.g. precious metals, raw materials, about 120 currency pairs, stocks, energy, and agricultural commodities. Notably, its customers lack access to the cryptocurrency market.
There is no training account as well as other services provided to individual traders such as binary options trading and PAMM accounts. Some operating platforms offer Expert Advisor trading.
A multilingual support service is available 24/5. Only Sucden Financial's customers can use it. Other users have to ask questions through the feedback form (section "Contacts").
There is also no information about bonuses and contests on the Sucden Financial's website. We were unable to find any training programs, except the instructions for a number of trading platforms. The company's official website is translated into Russian and Chinese but if you want to get more detailed information, you should switch to the English version of the website.

Comments

Author: FXAmar Date: 2024-10-18 07:01:28 (UTC+3)

Sucden Financial said that they have many advantages that can be given to traders. But in reality, finding information about bonuses and contests on the Sucden Financial website is very difficult. Their website does not provide clear and detailed information so that many traders feel confused about finding how to get bonuses or join their contests. I hope they can fix everything again so that traders do not have difficulty getting clear information.

Author: Gesta Date: 2022-08-16 03:57:27 (UTC+3)

I can say that this broke is suitable for beginners as there are no complicated features. Their spread is fixed, so I had set an EA, but the trading function isn't easy for me. As I've depended on manual trading. So I've followed their technical analysis and made $2550 profit so far. Also, I had withdrawn $2100 profits in this short period, almost one working day. So I have realized that Sucden is the profitable and my Invest money is safe with them.

Author: Masa Date: 2022-04-12 01:33:13 (UTC+3)

Platforms work great, there is never any issues with the execution although I’m trading exactly during the volatility. And the spread is pretty tight, there are some minor fluctuations and extensions, but this is on ecn, there can’t be any different. I open not that many deals, but I use the advantage of the 1:500 leverage in any case. It makes me happy, that Sucden trading doesn't charge the commission for longterm deals, and also they don't have any swaps. In this broker I can trade in a very flexible and with results that rise continuously.

Author: Viony Date: 2021-12-16 01:48:03 (UTC+3)

I don't face any issue, now my initials earnings are $6500 and the least amount I withdrawn was $5400 and its process quickly. Trade the major currency EUR/USD, USD/CAD and USD/JPY and I am trading fine. Besides, as a normal trader I prefer to use SL and TP for order execution and amazingly no delay and order are well-executed smoothly. Don’t have to worry about spread since Sucden always offered fixed spread. I'm also very well impressed with their loyalty program that offers a lot advantadges for traders. I recommend to all, it's a great broker.

Author: Swapril Date: 2021-11-17 06:17:58 (UTC+3)

Just last week, I made a withdrawal request on my account at Sucden Financial. It was transferred to me after a day and there was no hidden charge. This company definitely is worth investing in.

Author: Sayaka Date: 2021-08-26 07:25:45 (UTC+3)

I joined this broker 5 months ago. Once I loss, but after the first loss, customer support gave me some advice for me to do. And I did what they suggested. And proven successful. In the second time trading, I made a decent profit, which was $7825 from my $6500 deposit. That means I get more than 20% profit. I have benefited from my trading. I am also happy with their hospitality.

Author: Sidiq Date: 2021-04-16 02:37:14 (UTC+3)

They also offer fair trading conditions, so far no problem with this broker. Also credited my welcome bonus without any rejection. I am so pleased with their services and will keep continue trade with them. I make so much money with them and they have always provided the best service when I needed it. Their platforms is easy to use as well as their website. I have been trading USD/CAD pair and never seen any broker offer 1 pip on this pair and other major pairs.

Author: Janina Date: 2021-04-01 06:47:59 (UTC+3)

I deposited another $500 to my trading account at Sucden Financials yesterday. I have already made four deposits and I will regularly do so because I can see that I am progressing well. I have also made two withdrawals already which amounted to $1000 and they were bother processed without delay.

Author: Dashiell Date: 2021-02-09 08:28:32 (UTC+3)

On the J-Trader platform of Sucden broker has a lot of issues, I have experienced slow order execution or hang issues. As I can't set up an EA. So I think Sucden broker didn't allow EA integration and automated trading. Also, I found requote and so my order often slipped 5 to 20 pips and I can't close my position on the actual position in several trading. now I am fed-up with Sucden broker.

Author: Gariqh Date: 2020-12-18 00:36:08 (UTC+3)

I just got a recommendation to join this forex. He said whatever he had experienced with Sucden forex. He was telling the truth, that he wasn't always profitable, but he was very impressed with the response from CS. So join Sucden and try to trading. Customer support always available and helps me fix my trouble during trading. And they have offers for clients. They are professional and trusted broker I've ever know. My daily trades involves currency pairs EUR/USD, USD/CHF, USD/JPY.

Independent rating of Forex broker Sucden

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