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Independent rating of Forex broker Sucden

2/10 (votes 100)

On-line since
2007
Country of origin
UK
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: 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.
Author: Lecson Date: 2020-12-02 04:11:17 (UTC+3)
Hi! I just want to share my experience with Sucden Financial. Before I entered forex trading, I only had little knowledge. Of course, I studied about it but I know that I still lack a lot. I chose Sucden as my broker and this broker helped me a lot to improve more as a trader. They are abundant in learning materials and they guided my in my trading journey. Now, I can say that I have enough experience and I know so much more than I did before.
Author: fx Vana Date: 2020-08-27 04:23:27 (UTC+3)
I was scammed by another broker, after that I chose Sucden and joined the $ 500 odal deposit. They process quickly and easily. After 3 months of joining I made a profit of around $235, and the process of withdrawing the profit didn't take too long. I think this broker is perfect for beginners.
Author: AlgoEagle Date: 2020-04-23 07:48:43 (UTC+3)
I can't set up an EA on the J-Trader platform with Sucden broker, As they didn't allow EA integration and automated trading while the J-Trader platform is simple and hasn't any features. The order execution always delays and it could be freeze without any notifications. So I have left the idea for trade with Sucden broker.
Author: nap1106 Date: 2016-01-13 06:04:35 (UTC+3)
Please read all the forums and you will see the true color of these crooks.
Author: King2kko Date: 2015-06-04 06:56:59 (UTC+3)
I got slippages sometimes but it didn\'t hinder me from making huge profits. I used it as my advantage.

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