Search
Sucden Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.sucfinst..., the company's legitimate regulatory information United KingdomFCAInst Market Making (MM) to enhance the security of the company's address Sucden Financial Limited Plantation Place South 60 Great Tower Street EC3R 5AZ United Kingdom

Sucden Forex Broker

Regulated
Sucden

Rating Index

This rating is sourced from logo

Company profile

Sucden Review SummaryFounded2008Registered Country/RegionUnited KingdomRegulationFCAMarket InstrumentsMetals, Forex, Softs & Agriculturals, Energy, Fixed IncomeDemo AccountNot MentionedCustomer Supportinfo@sucfin.com+44 (0)20 3207 5000Sucden Information Sucden Financial, founded in 2008 and regulated by the FCA, is an online trading platform that offers financial trading in metals, forex, softs & agriculturals, energy, and fixed income. The platform provides tailored solutions for corporates, financial institutions, and brokers.Pros and ConsPros Cons Regulated by FCAPast NFA UnauthorizationTailored solutions for different clientsLimited information on trading feesOffers multiple assets to tradeIs Sucden Legit? Sucden has an Institution Forex License regulated by the Financial Conduct Authority (FCA) in the United Kingdom with a license number of 114239. It once had a Common Financial Service License regulated by the National Futures Association (NFA), but it is currently unauthorized.What Can I Trade on Sucden? Sucden Financial offers different financial instruments, mainly including metals (base metals, precious metals, steel, iron ore), forex, softs and agriculturals, energy, and fixed Income.Tradable Instruments Supported Metals✔Forex✔Energy✔Softs and Agriculturals✔Fixed Income✔Shares❌Bonds❌Solutions for Accounts Sucden Financial offers tailored solutions for different types of clients: For Corporates: Sucden Financial offers comprehensive corporate services, understanding the objectives of large corporations. The platform provides commodity and FX hedging solutions to manage price and market risks, including FX exposure management within commodities strategies and facilitating large transactions with bespoke OTC FX options and deliverable FX products. For Financial Institutions: Sucden Financial has a long history of serving diverse financial institutions like banks and hedge funds, offering tailored solutions for execution, clearing, liquidity, and prime brokerage. The platform's expertise spans commodities, fund services, eFX, and FX options, with both voice and electronic DMA multi-asset execution and clearing available. For Brokers: Sucden Financial provides brokers with tailored solutions including FX liquidity, market access for hedging, and execution/clearing across various markets. Leveraging a principal trading model and offering margin terms and white-label services, they act as a counterparty with a broad product range in FX, precious metals, and spot energy.Key Facts Sucden Financial has over $200 million in capital and more than 50 years of experience in financial markets. They are a Category 1 LME member with Tier 1 direct banking relationships, offering 24-hour service.Trading Tools Sucden provides clients with market navigation tools like insights, research reports, and analysis from their team and brokers. These resources cover diverse markets, including metals, FX, soft commodities, and the EV/battery materials sector.
How to login to Sucden?

Sucden Similar Brokers

Latest Reviews

Pros
Wide range of trading platforms available, catering to different trading needs and preferences.
Regulated by the FCA, ensuring a level of trust and security for clients.
No minimum deposit requirement, allowing flexible entry for institutional clients.
Cons
No demo account available, which may hinder new traders from practicing before committing real funds.
Limited educational resources, making it less suitable for beginner traders seeking guidance.
Focus primarily on institutional clients, which may not meet the needs of retail traders.

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Sucden Financial Limited
Abbreviation
Sucden
Company employee
--
Customer Service Email Address
info@sucfin.com
Contact Number
+4402032075000
Company Address
Sucden Financial Limited Plantation Place South 60 Great Tower Street EC3R 5AZ United Kingdom
How to login to Sucden?
Sucden Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Sucden Account Registering for a Sucden account is the first step to accessing their trading services. Heres a detailed guide on how to complete the registration process: Step 1: Accessing the Registration Page To begin your Sucden registration, navigate to the official Sucden website. Look for the "Open an Account" or "Register" button prominently displayed on the homepage. Click this button to be directed to the registration form. Step 2: Filling in Required Information Once you are on the registration page, you will need to fill out the required information. This typically includes your full name, email address, phone number, and potentially your country of residence. Ensure that all information is accurate to avoid delays in the registration process. Step 3: Email/Phone Verification After submitting your information, Sucden will send a verification email or SMS to the contact details you provided. Click the verification link in the email or enter the code sent via SMS to confirm your account. This step is crucial for account security. Step 4: Identity Verification (if required) In some cases, Sucden may require additional identity verification. This could involve uploading a scanned copy of your government-issued ID (passport or drivers license) and a recent utility bill or bank statement to confirm your address. This step helps ensure compliance with regulatory standards. Step 5: Registration Confirmation Once your information is verified, you will receive a confirmation email indicating that your account has been successfully registered. You can now proceed to the next steps of the account opening process. Common Registration Issues and Solutions Email Not Received: If you do not receive the verification email, check your spam folder or ensure you entered the correct email address. Verification Failure: If your identity verification fails, double-check that the documents uploaded are clear and readable. If issues persist, contact Sucden support for assistance. Regional Differences in Registration While the registration process is largely standardized, certain regions may have additional requirements based on local regulations. For instance, clients from the United States are not accepted by Sucden, which may restrict registration for individuals in that region. Part Two: Sucden Account Opening Detailed Guide Understanding the Difference Between Registration and Account Opening Registration is the initial step where you create an account with Sucden, while account opening involves the further steps necessary to activate your trading capabilities. Preparation Work Before Account Opening Before you can open your Sucden account, ensure you have the following documents ready: A government-issued ID (passport or drivers license) Proof of address (utility bill or bank statement) Any financial information required for compliance checks Detailed Account Opening Steps Step 1: Selecting Account Type After registration, log in to your Sucden account and choose the type of account you wish to open. Sucden primarily offers corporate and institutional accounts, as individual accounts are not available. Step 2: Submitting Required Documents Upload the necessary documents for verification. This typically includes your ID and proof of address. Ensure all documents are clear and meet Sucden's requirements. Step 3: Account Review Process Once you submit your documents, Sucden will review them. This process can take anywhere from a few hours to a couple of days, depending on the volume of applications they are processing. Step 4: Account Activation Upon successful verification, your account will be activated. You will receive a confirmation email detailing your account status and next steps. Step 5: Initial Setup Once your account is active, log in to the Sucden platform. You may need to set up your trading preferences, funding methods, and any additional security measures (like two-factor authentication). Frequently Asked Questions About Account Opening Q: How long does the account opening process take? A: The account opening process can take from a few hours to several days, depending on document verification. Q: What types of accounts does Sucden offer? A: Sucden primarily offers accounts for corporate and institutional clients. Individual accounts are not available. Next Steps After Opening an Account After your account is activated, you can fund it using bank transfers. Familiarize yourself with the trading platform and consider reviewing the available trading tools and resources Sucden offers to enhance your trading experience. Part Three: Sucden Login Process Explained Basic Web Login Process Logging into your Sucden account is straightforward. Follow these steps: Step 1: Access the Sucden Website Go to the Sucden homepage. Look for the "Login" button, usually located at the top right corner of the page. Step 2: Enter Your Credentials Input your registered email address and password in the designated fields. Ensure that there are no typos to avoid login issues. Step 3: Two-Factor Authentication (if enabled) If you have set up two-factor authentication, you will receive a code via SMS or email. Enter this code to complete the login process. Step 4: Click on Login After entering your credentials and any required verification codes, click the "Login" button to access your account. Step 5: Dashboard Overview Once logged in, you will be directed to your trading dashboard, where you can view your account balance, trading tools, and other features. Mobile App Login Process If Sucden offers a mobile app, you can log in similarly by downloading the app from the App Store or Google Play. The login process will typically mirror the web login process. Common Login Issues and Solutions Forgotten Password: If you forget your password, click the "Forgot Password?" link on the login page. Follow the instructions to reset your password via email. Account Lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Wait for a set period before trying again or contact Sucden support for assistance. Technical Issues: If you encounter technical problems, try clearing your browser cache or using a different browser. Overview of Features After Login Once logged in, you can access various features, including trading tools, account management options, market insights, and customer support services. Additional Sections Account Security Recommendations Always use strong, unique passwords for your Sucden account. Enable two-factor authentication for an extra layer of security. Regularly monitor your account activity for any unauthorized transactions. Best Practices for Account Management Keep your contact information up to date to ensure you receive important notifications. Regularly review your trading strategies and adjust based on market conditions. Utilize Sucden's market insights and research tools to inform your trading decisions. How to Get Technical Support For any technical issues or inquiries, Sucden provides support through: Email: Reach out to their support team at info@sucden.com. Phone: Contact their customer service at +44 (0) 20 3207 5000. Online Form: Use the contact form on their website for additional queries. By following this comprehensive guide on Sucden registration, account opening, and login processes, you can navigate the platform effectively and make the most of your trading experience.

Sucden Forex Broker - Complete Information Guide

1. Overview of the Broker

Sucden Financial Limited, established in 1973, is an institutional non-bank forex trading provider headquartered in London, UK. As a subsidiary of the Sucres & Denrées group, which was founded in 1952, Sucden Financial has built a robust reputation over its five decades of operation. The company primarily serves financial institutions, corporations, and brokers, providing access to a diverse range of trading options, including forex, metals, energies, soft commodities, and futures.

The firm has achieved significant milestones, including becoming a member of the London Metal Exchange (LME) and gaining regulatory licenses across multiple jurisdictions. Sucden operates not only in the UK but also has subsidiaries in Hong Kong, the USA, and Russia, enabling it to offer regulated solutions globally. The broker's business model focuses on institutional trading services, emphasizing e-trading solutions tailored to the specific needs of its clients.

2. Regulatory and Compliance Information

Sucden Financial is regulated by several prominent authorities, ensuring a high level of oversight and compliance. The main regulatory bodies include:

  • Financial Conduct Authority (FCA), UK - Registration No. 114239
  • National Futures Association (NFA), USA - Registration No. 0284890
  • Securities and Futures Commission (SFC), Hong Kong - Registration No. AOK 518

The firm's licenses are valid as long as they comply with the regulatory requirements set forth by these authorities. Sucden Financial adheres to strict client fund segregation policies, ensuring that clients' funds are maintained in separate accounts from the company's operational funds. This practice enhances investor protection and promotes trust in the broker's operations.

Additionally, Sucden implements comprehensive Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to prevent financial crimes and ensure compliance with international regulations. This commitment to regulatory standards reinforces the broker's credibility and reliability in the financial markets.

3. Trading Products and Services

Sucden Financial offers a wide array of trading products, catering to both institutional and corporate clients. The broker provides access to:

  • Forex: Trading over 120 currency pairs, including major, minor, and exotic pairs.
  • CFD Products: Covering indices, commodities, stocks, and options.
  • Metals: Including precious metals like gold and silver, as well as base metals.
  • Energy: Offering trading in oil and gas markets.
  • Soft Commodities: Such as coffee, sugar, and cocoa.

The broker regularly updates its product offerings to adapt to market trends and client demands. While Sucden primarily focuses on institutional trading, it does not provide personal trading accounts, emphasizing its commitment to serving professional clients and financial institutions.

4. Trading Platforms and Technology

Sucden Financial supports various advanced trading platforms to enhance the trading experience for its clients. The platforms include:

  • CQG: Known for its robust analytical tools for futures and options trading.
  • Star: A proprietary platform designed for internal execution, offering a user-friendly interface and advanced features.
  • TT (Trading Technologies): Recognized for fast execution and a wide range of market access.

The broker does not currently support MetaTrader 4 or 5, which may be a consideration for traders accustomed to these platforms. However, Sucden provides mobile applications for iOS and Android devices, allowing clients to trade on the go.

The execution model primarily follows ECN (Electronic Communication Network) principles, ensuring transparency and competitive pricing. Sucden's infrastructure includes data centers strategically located to facilitate low-latency trading and connectivity to multiple exchanges.

5. Account Types and Trading Conditions

Sucden Financial offers a single account type tailored for institutional trading, with the following conditions:

  • Minimum Deposit: No minimum deposit requirement, allowing flexibility for clients.
  • Leverage: Varies by jurisdiction, with a maximum of 1:30 for UK clients and up to 1:100 for clients in Hong Kong.
  • Spreads: Competitive spreads starting from 1 pip for major currency pairs, subject to market conditions.
  • Commission: Fees may apply based on the tailored solutions provided to clients.

The broker also offers a demo account for institutional clients to practice trading strategies without financial risk.

6. Fund Management

Sucden Financial provides multiple funding options for its clients, including:

  • Bank Transfers: The primary method for deposits and withdrawals.
  • Credit Cards and E-Wallets: Availability may vary based on the client's location.

There is no minimum deposit requirement, making it accessible for various clients. Deposits are typically processed quickly, while withdrawals may take 1-5 business days depending on the method used. Sucden does not charge fees for deposits or withdrawals, although clients should verify any potential charges from their payment providers.

7. Customer Support and Educational Resources

Sucden Financial offers customer support through several channels:

  • Phone: Available at +44 (0) 20 3207 5000 for UK clients and other regional numbers for international clients.
  • Email: Clients can reach out via info@sucfin.com.
  • Social Media: Active on platforms like Twitter and LinkedIn.

Support is available 24/5, covering major trading hours, but there is no 24/7 support or live chat feature. The broker provides limited educational resources, focusing primarily on market insights and news rather than comprehensive training materials.

8. Regional Coverage and Restrictions

Sucden Financial services are available in multiple regions, including:

  • Major Markets: The broker operates in the UK, Hong Kong, and the USA, among others.
  • Regional Offices: Sucden has offices in London, Hong Kong, and New York.
  • Restrictions: The broker does not accept clients from certain jurisdictions, including the USA for retail accounts due to regulatory constraints.

In conclusion, Sucden Financial is a well-established broker with a strong focus on institutional trading. While it offers a wide range of products and competitive trading conditions, potential clients should consider its regulatory status and operational model before engaging with the broker. Overall, Sucden broker represents a reliable option for institutional clients seeking comprehensive trading solutions.

Latest Reviews

FX2008307174

FX2008307174

Vietnam

I withdrew money and was forced to pay 15%, then I filed a complaint and my account was locked.

Exposure

2024-12-09

FX2008307174

FX2008307174

Vietnam

I joined the exchange when withdrawing money, 15% of the advance tax is required, I recommend locking my account

Exposure

2024-12-05

FX2008307174

FX2008307174

Vietnam

I participate when withdrawing money is subject to a 15% tax, when I express my opinion about fraud, my account is locked.

Exposure

2024-12-05

Lăng Còi

Lăng Còi

Vietnam

Exchange does not allow withdrawal.

Exposure

2024-09-28

jimi

jimi

New Zealand

Outright fraud. It claims to be registered in the UK and regulated by the FCA, but these are all false. If you make a deposit foolishly, you will never never never get your money back.

Positive

2023-03-03

Sucden Forex Broker has an overall rating of 6.70, Regulatory Index 6.32, License Index 6.37, Business Index 8.00, Software Index 5.69 Risk Control Index 8.22.