Sucden Financial Review 2020

Sucden Financial Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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Sucden Financial Guide - Read our In Depth Sucden Financial Review

This Sucden Financial review was written by industry experts with over 20 years of financial experience in Forex.
The content in this Sucden Financial review does not apply to US users.

What is Sucden Financial?

Sucden Financial are an a global online financial trading platform and multi asset broker founded in 1973

Over 47 years later Sucden Financial has grown to offering retail investors Forex trading.

Sucden Financial are a global broker and have a head office in UK.

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

We will dive deep in this Sucden Financial review and assess how well the Sucden Financial platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Sucden Financial can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Sucden Financial we breakdown 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.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Sucden Financial review useful.

This review of the Sucden Financial platform is very detailed. If you are interested in trading with Sucden Financial in any capacity please take the time to read and research the whole Sucden Financial review.

We have tried to explain the ins and outs of financial trading through the Sucden Financial platform as plainly as possible so that you the trader are as informed as possible before you start to use the Sucden Financial trading tools and depositing and withdrawing funds from Sucden Financial.

Benefits of trading with Sucden Financial

Open Sucden Financial's Website

Losses can exceed deposits

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Sucden Financial like Forex trading. you should have confidence in Sucden Financial and know that the management of your financial investments on the Sucden Financial platform is in good hands.

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

With this Sucden Financial 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 Review Table of Contents

Sucden Financial review
Sucden Financial is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about Sucden Financial. Sucden Financial is a multi asset platform with 100+ tradable Assets. Assets available on Sucden Financial include Forex.

Sucden Financial trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex are considered financial assets.

Sucden Financial review
Features of Sucden Financial

Sucden Financial review
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.

Sucden Financial review
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 47 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 (FCA) 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.

Sucden Financial review
Is my money safe with Sucden Financial?

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.

What are Tier 1 banks and why should Sucden Financial use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Sucden Financial deposited in a Tier 1 bank?

Having any money you deposit with Sucden Financial means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Sucden Financial goes out of business for some reason.

Therefore, we can safely conclude that Sucden Financial is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Sucden Financial also clearly state on their platform that Losses can exceed deposits.

Now that we have answered some important questions regrding Sucden Financial. let us look at the Sucden Financial features in more detail.

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

Losses can exceed deposits

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

How Sucden Financial as a Company Compare Against Other Brokers

Broker Sucden eToro IC Markets XTB
Year Established 1973 2006 2007 2002
Head Office UK Cyprus, UK Australia Poland
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ Sucden Financial users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection No Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Sucden Financial Visit eToro Visit IC Markets Visit XTB
Risk Warning Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Sucden Financial review
Sucden Financial Pros and Cons

What we like about Sucden Financial

  • Used by over 10,000 Sucden Financial users and traders
  • Established in 1973
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $1

What we don't like about Sucden Financial

Sucden Financial review
Sucden Financial Regulation and Licensing in more detail

We have checked and Sucden Financial is regulated and supervised by reputable organisations. You are able to check every Sucden Financial supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Sucden Financial. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Sucden Financial traders and provide a safe trading environment.

Sucden Financial is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Sucden Financial you should be sure they're legitimate online agent.

Sucden Financial review
Is Sucden Financial Global?

Yes, Sucden Financial is global as Sucden Financial is available in over 194 countries.

Sucden Financial is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Sucden Financial covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. Sucden Financial has a total of more than 10,000 users.

Sucden Financial review
Sucden Financial Fees Explained

  • Sucden Financial doesn't charge withdrawal fees
  • Sucden Financial does charge a fee for inactive accounts.
  • Sucden Financial does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Sucden Financial Fees Compare Against Other Brokers

Broker Sucden eToro IC Markets XTB
Min Deposit 1 200 200 0
Withdrawal Fees No Yes No varies
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

Sucden Financial review
Sucden Financial Minimum Deposit

Sucden Financial require a minimum desposit of 1 GBP/USD when opening an Sucden Financial trading account.

A minimum deposit is the minimum amount of money required by Sucden Financial to open a new online brokerage account with them.

Dont be scared off by brokers like Sucden Financial charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Sucden Financial review
Sucden Financial Withdrawal Fees

Sucden Financial doesn't charge withdrawal fees.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Sucden Financial for example allow you to withdraw your funds to Bank Transfer, Payoneer.

Sucden Financial review
Sucden Financial Inactivity Fees

Sucden Financial does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Sucden Financial review
Sucden Financial Desposit Fees

Sucden Financial does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Sucden Financial review
Sucden Financial Commission Fees

Sucden Financial does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Sucden Financial review
What can you trade with Sucden Financial?

Be aware that Different entities under Sucden Financial Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

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 eToro and IC Markets below.

Losses can exceed deposits

How Sucden Financial Trading Options Compare Against Other Brokers

Broker Sucden eToro IC Markets XTB
Instruments Available 100 2000 232 4000
Platforms MT4, Currenex, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 120 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 3 31 19 21
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 0 957 100 1696
UK Shares Yes No Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
Risk Warning Visit Sucden Financial
Losses can exceed deposits
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Sucden Financial review
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 Financial's platforms

Sucden Financial review
Is the Sucden Financial Trading Platform Secure?

Sucden Financial safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Sucden Financial also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Sucden Financial.

Sucden Financial review
Sucden Financial Trading Platform Options

Once you have logged into your Sucden Financial account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)

Sucden Financial does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

Sucden Financial does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options Sucden Financial gives you.

Sucden Financial review
Sucden Financial MetaTrader 4 (MT4)

Sucden Financial MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Sucden Financial. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with Sucden Financial in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. Sucden Financial MetaTrader 4 is compatible with the latest macOS Mojave. Sucden Financial allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Sucden Financial

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Sucden Financial MetaTrader 4 on IOS Devices

You can download the Sucden Financial app or also trade with Sucden Financial through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Sucden Financial MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Sucden Financial provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Sucden Financial MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Sucden Financial MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Sucden Financial MetaTrader 4 Advanced Trading Tools

The Sucden Financial advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Sucden Financial offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Sucden Financial MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Sucden Financial MetaTrader 4 AutoChartist

Sucden Financial Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Sucden Financial Trading benefits :

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

Sucden Financial Trading Accounts Offered :

  • Mini account
  • Standard account
  • ECN account
  • STP 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

Losses can exceed deposits

Sucden Financial withdrawal and funding methods.

Please note that the list of Sucden Financial payment methods below depend on the Sucden Financial Entity and the Clients Country of Residence.

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

Sucden Financial Payment Methods

  • Sucden Financial accepts Bank Transfer
  • Sucden Financial accepts Payoneer
Broker Sucden eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes Yes No Yes
Neteller No Yes Yes Yes

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.

Losses can exceed deposits

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 instruments.

Limit Risk When Trading with Sucden Financial Stop Loss, Sucden Financial Stop Limit Orders

A stop-loss order is an order placed with a broker like Sucden Financial to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at Sucden Financial

To trade effectively with Sucden Financial, it's important to get a have a good understanding of the Sucden Financial trading tools and the markets.

Sucden Financial offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Sucden Financial.

Take time to look around the Sucden Financial platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer 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, email and phone support.

Sucden Financial customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Livechat Support at Sucden Financial

Sucden Financial does not offer LiveChat Support.

Email Support at Sucden Financial

We sent several emails to Sucden Financial and answer times overall were excellent. The fastest response from Sucden Financial was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with Sucden Financial, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Sucden Financial.

Phone Support at Sucden Financial

We called Sucden Financial and the call was answered very quickly. The call was answered in less than 1 minutes.

The Sucden Financial phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Sucden Financial team by calling in varying languages. Sucden Financial made an effort to make sure our queries were answered.

Overall great phone support from Sucden Financial.

See how Sucden Financial Support Compares Against Other Brokers

Broker Sucden eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Mandarin, and Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Sucden Financial Visit eToro Visit IC Markets Visit XTB
Risk Warning Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Sucden Financial

As Sucden Financial is regulated by Financial Conduct Authority (FCA), 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:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Sucden Financial Brand may be different.

  • 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 3 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 the Sucden Financial trading platform 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 November 25, 2020.

Sucden Financial review
Is Sucden Financial A Good Broker?

We spent over 3 months examining Sucden Financial in depth. Although we found some very useful aspects of the Sucden Financial platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Sucden Financial broker.

  • Sucden Financial have a good track record of offering Forex.
  • Sucden Financial has a history of over 47 years.
  • Sucden Financial has a reasonable sized customer support of at least 10.
  • Sucden Financial are regulated by Financial Conduct Authority (FCA). This means Sucden Financial fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Sucden Financial have regulation from a Tier 1 reputable country.
  • Sucden Financial has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Sucden Financial have an international presence in multiple countries. This includes local Sucden Financial seminars and training.
  • Sucden Financial are able to hire people from various locations in the world who can better communicate in your local language.

Sucden Financial Risk Disclaimer

Losses can exceed deposits

Sucden Financial review
Sucden Financial not quite right?

If after reading this Sucden Financial review, Sucden Financial does not fulfill your needs check out these Sucden Financial Alternatives.

Click here to view the best Sucden Financial Alternatives

We have spent years researching the best alternatives to Sucden Financial. Click the links below to learn more.

If you feel some of the above Sucden Financial are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Sucden Financial alternatives below.

Sucden Financial review
Related Sucden Financial Vs Comparisons

We have covered allot in this Sucden Financial review, If you want to see how Sucden Financial compares side by side with other brokers check out our Sucden Financial Vs pages.

If you would like to see how Sucden Financial stands up against other brokers you can read some of our Sucden Financial comparisons below. We compare side by side some of our top rated Sucden Financial versus comparisons. Read our indepth Sucden Financial VS pages below.

Sucden Financial review
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?

Please note that the list of payment methods below depend on the Sucden Financial Entity and the Clients Country of Residence.

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

Losses can exceed deposits

Is Sucden Financial safe?

Sucden Financial are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). 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.

Is Sucden Financial trading good?

Sucden Financial is considered good and reputable to trade with Sucden Financial. Sucden Financial is used by over 10000 active traders and Sucden Financial users. Sucden Financial offers Forex trading. Minimum deposit with Sucden Financial is 1.

Is Sucden Financial trading Legit?

Sucden Financial was founded in UK in 1973. Sucden Financial has been facilitating trade on the financial markets for over 47 years. Sucden Financial offers clients Forex trading. All funds deposited to Sucden Financial are held in segregated tier 1 bank accounts for security. Sucden Financial is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is Sucden Financial a good broker?

Sucden Financial is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker. Sucden Financial allows Forex trading.

Is Sucden Financial trustworthy broker?

Sucden Financial can be considered trustworthy. All money funded to Sucden Financial is placed into a segregated tier 1 bank account. this means your money in not held by Sucden Financial directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Sucden Financial is regulated by Financial Conduct Authority (FCA).

What is the minimum deposit for Sucden Financial?

The minimum deposit to trade with Sucden Financial is 1.

How long do Sucden Financial withdrawals take?

Withdrawing money from Sucden Financial processing time varies but averages 2-5 days.

Is Sucden Financial regulated?

Sucden Financial is regulated by Financial Conduct Authority (FCA).

Is Sucden Financial a market maker?

Sucden Financial is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

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 (FCA). 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.

Is Sucden Financial a con?

Sucden Financial is regulated and well established having been in business for over 47 years. Sucden Financial is definitely not a con.

Can you make money with Sucden Financial?

Although traders have had great success with Sucden Financial. Trading on the financial markets with Sucden Financial is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does Sucden Financial have fees?

Sucden Financial doesn't charge withdrawal fees. Sucden Financial does charge a fee for inactive accounts. Sucden Financial does charge deposit fees.

When was Sucden Financial founded?

Sucden Financial was founded in 1973.

How many people use Sucden Financial?

Sucden Financial is used by over 10000 registered Sucden Financial users.

What is Sucden Financial Headquarters country?

Sucden Financial has its head quarters office in UK.

Does Sucden Financial offer negative balance protection?

Sucden Financial does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Sucden Financial offer guaranteed stop loss?

Sucden Financial does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Sucden Financial allow scalping?

Sucden Financial offers scalping.

Does Sucden Financial allow hedging?

Sucden Financial offers hedging.

Does Sucden Financial offer CFD trading?

Sucden Financial does not offer CFD trading.

Does Sucden Financial offer STP?

Sucden Financial offers STP trading.

How many people use Sucden Financial?

Sucden Financial is used by over 10000 Sucden Financial users and traders.

Is Sucden Financial an ECN broker?

Sucden Financial offers ECN trading.

Does Sucden Financial offer a demo account?

Sucden Financial does not offer demo account.

Does Sucden Financial offer an Islamic account?

Sucden Financial does not offer Islamic accounts.

What are the funding methods for Sucden Financial?

Sucden Financial accept the following funding methods : Bank Transfer, Payoneer.

Sucden Financial review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Sucden Financial brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Sucden Financial review written by Mark Hansen of Comparebrokers.co