Sucden Financial Review for 2019

Sucden Financial Rated 4/5

Sucden Financial Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Sucden Financial we break down the pros and cons. What Sucden Financial are able to offer, what countries Sucden Financial are available in. Who Sucden Financial are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Open Sucden Financial's Website

As with any investment your capital is at risk, losses can exceed deposits.

At the bottom of this review you can also learn about some pretty good alternatives to Sucden Financial

With this review we hope to help you see if Sucden Financial is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Sucden Financial that will help you get off to a good start in the world of online trading.

Sucden Financial what you should know

Sucden Financial offer one way to trade: Forex.

With Sucden Financial you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with Sucden Financial platform.

Sucden Financial are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Sucden Financial safe?

When choosing a broker like Sucden Financial the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 1973, and in operation for 46 years Sucden Financial have a head office in UK.

Sucden Financial is regulated. This means Sucden Financial are supervised by and is checked for conduct by the Financial Conduct Authority regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Sucden Financial, this will be honored. If Sucden Financial violate any regulatory rules their regulated status could be stripped.

Any payments funded to Sucden Financial accounts by traders are held in a segregated bank account.

For added security Sucden Financial use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Sucden Financial. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Sucden Financial

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in 1973
  • Regulated by Financial Conduct Authority
  • Min. deposit from $1

What we don't like

Sucden Financial General Fees

  • Sucden Financial doesn't charge withdrawal fees
  • Sucden Financial does charge inactivity fees

Sucden Financial Commissions

  • Sucden Financial does charge commission on CFD shares

What can you trade with Sucden Financial?

You can trade a wide variety of instruments with Sucden Financial over 100 instruments infact.

If you are looking at trading currency pairs Sucden Financial offer over 120 currency pairs.

Compare Sucden Financial with Interactive Brokers and XTB below.

FX / Currencies Sucden IB XTB
# of forex pairs offered 120 10 50
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies No No Yes
Commodity CFDs Sucden Financial Interactive Brokers XTB
# of commodities offered 3 0
Metals Yes Yes
Energies Yes Yes
Agricultural Yes Yes
Indiced & Stock CFDs Sucden Financial Interactive Brokers XTB
# of Stocks offered 0 1500
UK Shares Yes Yes
US Shares Yes Yes
German Shares Yes Yes
Japanese Shares Yes Yes
Sucden's
Instruments
IB's
Instruments
XTB's
Instruments

Trading on Sucden Financial web platforms and other applications

Sucden Financial offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Sucden Financial also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See Sucden's platforms

Sucden Financial Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Sucden Financial Trading Accounts offered:

  • Mini account
  • Standard account
  • ECN account

Can I try Sucden Financial before I buy?

Sucden Financial offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do Sucden Financial accept?

Sucden Financial offer the below funding payment methods. learn more about Sucden Financial

  • Bank Transfer
  • Payoneer

How can I start trading with Sucden Financial?

When opening a trading account with Sucden Financial, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Sucden Financial trading platforms here.

Performing trades with Sucden Financial

With Sucden Financial, the minimum and maximum trade requirements vary depending on the trader and the instrument. As Sucden Financial offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Sucden Financial offer margin up to % on currencies.

Support at Sucden Financial

Sucden Financial support a wide range of languages including English, Mandarin, and Russian

Sucden Financial have a triple AAA grade support rating because they offer a wide range of languages, live chat, phone and email support.

What you will need to open an account with Sucden Financial

As Sucden Financial is regulated by Financial Conduct Authority, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Sucden Financial's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Sucden Financial you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.sucdenfinancial.com/en on 12th August 2018.

SUCDEN FINANCIAL Frequently Asked Questions

Can I try Sucden Financial before I buy?

Sucden Financial do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Sucden Financial accept?

Sucden Financial offer the below funding payment methods Bank Transfers, Payoneer, among other payment methods. Learn more here

How can I start trading with Sucden Financial?

When opening a trading account with Sucden Financial, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Sucden Financial trading platforms here.

Is my money safe with Sucden Financial?

Sucden Financial is regulated by Financial Conduct Authority. One of the most important criteria for traders when choosing a broker like Sucden Financial is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Sucden Financial, this will be honored. If they violate any regulatory rules their regulated status can be stripped.