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Sucden Financial foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.sucden.co.uk/, about the company's legal and temporary regulatory information, the company's address .

Sucden Financial Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Sucden Financial
Abbreviation
Sucden Financial
Company employee
--
Customer Service Email Address
info@sucfin.com
Contact Number
+4402032075000
Company Website
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Company Name Sucden Financial Registered Country/Area United Kingdom Founded Year 1973 Regulation Unregulated Trading Platforms STAR Platform Tradable Assets Metals, foreign exchange, soft commodities, energy products, and fixed income Customer Support Email, phone and message box Deposit & Withdrawal Wire transfers Educational Resources Market Insights and News Overview of Sucden Financial Sucden Financial is a leading multi-asset execution, clearing, and liquidity provider with a global presence. Established in 1973, the firm has a strong history in commodity futures and options trading. Over the years, Sucden Financial has expanded its offerings to include metals, foreign exchange, soft commodities, energy products, and fixed income securities. The company caters primarily to institutional clients, providing tailored trading solutions, advanced technological support, and a diverse suite of services designed to meet the complex needs of financial institutions, corporates, and brokers. Sucden Financial emphasizes a hybrid approach to technology, ensuring access to cutting-edge trading platforms and proprietary post-trade systems. Clients benefit from 24-hour support, dedicated account managers, and extensive educational resources. . Regulatory Status Sucden Financial is registered in the United Kingdom, but it is not regulated by any reputable financial authority. It is important to note that trading with an unregulated broker carries a higher risk as there is no oversight by a regulatory body to ensure fair practices and protection of clients' funds. Pros and Cons Sucden Financial, a well-established corporation with a long history in the financial industry, offers a significant advantage with its access to major exchanges worldwide and expertise in FX, fixed income, and commodities. They provide tailored trading solutions and flexible technology to meet diverse client needs. However, there are some drawbacks to consider. Sucden Financial lacks valid regulatory certificates, leading to questions regarding oversight and protection. Additionally, there is limited transparency regarding specific account type and trading fees, making it difficult for potential clients to assess costs accurately. Pros Cons Stablished corporation with a long history Lack of valid regulatory certificates Access to major exchanges worldwide Limited information on trading fees Expertise in FX, fixed income, and commodities No detailed information about account types Offers tailored trading solutions and flexible technology Robust customer support Market Instruments Sucden Financial provides access to a wide range of markets and instruments, including: Metals: The company's offerings include trading in metals such as gold, silver, platinum, palladium, copper, aluminum, lead, nickel, tin, and zinc. Sucden Financial provides daily analysis and commentary on the trading activities in the London Metal Exchange (LME) and other key metal markets. Foreign Exchange (FX): Sucden Financial provides extensive FX trading services, including access to major, minor, and emerging market currency pairs. Sucden Financial's FX services are aimed at various types of clients, including financial institutions, corporates, and brokers, offering them tailored solutions to manage currency risk and optimize their trading strategies. Softs & Agriculturals: In the softs and agriculturals sector, Sucden Financial offers trading services for commodities such as coffee, sugar, cocoa, and cotton. The firm provides market reports and technical charts to help clients understand market trends and make informed trading decisions. Their services include comprehensive market analysis, price forecasting, and risk management strategies. Energy: Sucden Financial's energy trading services encompass a broad range of energy commodities, including oil, natural gas, and renewable energy sources. The company offers detailed market reports and analysis, covering aspects such as price movements, supply and demand dynamics, and geopolitical factors affecting the energy markets. Fixed Income: Sucden Financial also provides fixed income trading services, catering to clients looking to invest in government and corporate bonds. The firm offers access to a wide range of fixed income instruments, supported by thorough market analysis and research. Services Sucden Financial tailors its services to various types of clients: For Financial Institutions: Offers customized solutions for banks, hedge funds, proprietary trading firms, pension funds, and asset managers. Services include execution and clearing, sourcing liquidity, and prime brokerage services. For Corporates: Provides solutions for large corporations, focusing on understanding their aims and objectives to offer robust support. For Brokers: Delivers flexible and tailored solutions for brokers, including FX liquidity, market access for hedging, and clearing solutions. Account Opening Process Opening an account with Sucden Financial is a straightforward process that can be completed in a few simple steps: Initial Inquiry & Register: Potential clients must contact Sucden Financial through their website or directly via their sales team. Assessment: The firm conducts a detailed assessment of the clients needs, financial status, and trading objectives. At the same time, you can contact Sucden Financial Support via email at CRM@sucfin.com or via phone at +44 (0) 20 3207 5310. Documentation: Clients are required to submit various documents, including identification, financial statements, and other compliance-related information. Approval: Once all documents are reviewed and compliance checks are completed, the account is approved, and clients can start trading. Trading Platform Sucden Financial offers the STAR platform, a user-friendly and customizable interface with multiple order types, an integrated shared order book and risk management, a calendar-spread matrix with implied pricing, exchange-native and synthetic strategy creators, an integrated option calculator, white-labeling opportunities, and mobile trading apps for Android and iOS devices. Deposit and Withdrawal Sucden Financial offers flexible deposit and withdrawal options. These transactions are typically processed through bank transfers, with details available upon opening an account. The process includes: Deposits: Clients can deposit funds into their trading accounts through wire transfers. Withdrawals: Withdrawal requests can be made via the client portal or through direct contact with the firm's account management team. Processing times and any associated fees depend on the banking institutions involved and the jurisdiction of the client. Customer Support Options Sucden Financial offers round-the-clock support to ensure continuous trading and operational assistance. The firm offers customer support through: Phone: +44 (0) 20 3207 5310 Email: CRM@sucfin.com Social Media: They maintain a presence on Twitter and Instagram. Educational Resources Sucden Financial provides educational resources through: News: Stay updated with market news and events. Market Insights: Regular commentary and analysis on various markets, including metals, EV and battery materials, currencies, and soft commodities. Conclusion Sucden Financial stands out as a varied and reliable multi-asset execution, clearing, and liquidity provider. With a strong history in commodity futures and options trading, the firm has diversified its offerings to include a broad range of market instruments, tailored solutions, and advanced technological support. However, the questionable regulatory status, limited information about account types and fees are factors that potential clients should carefully consider before engaging with the brokerage. FAQs Q: Is Sucden Financial a regulated broker? A: Sucden Financial is not regulated by any financial authority. Q: What markets and instruments can I trade with Sucden Financial? A: Sucden Financial offers access to various markets, including metals, foreign exchange (FX), softs & agriculturals, energy, and fixed income. Q: What trading platform does Sucden Financial use? A: Sucden Financial uses the STAR platform, a customizable interface with multiple order types, risk management tools, and mobile trading apps. Q: How can I contact Sucden Financial customer support? A: You can contact Sucden Financial customer support via phone (+44 (0) 20 3207 5310), email (CRM@sucfin.com), or through their social media channels (Twitter, Instagram). Q: Does Sucden Financial offer educational resources for clients? A: Yes, Sucden Financial offers news and market insights through regular commentary and analysis on various markets.

Rating Index

How to login to Sucden Financial?
Sucden Financial Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Sucden Financial Account Registering for a Sucden Financial account is the first step towards accessing their trading services. Follow these detailed s

  

Sucden Financial Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  Sucden Financial, established in 1973, is a prominent player in the financial services industry, operating as a non-bank forex trading provider. Headquartered in London, United Kingdom, with additional offices in Hong Kong and New York, Sucden Financial is a subsidiary of the Sucden Group, which has a rich heritage in commodity futures and options trading.

  Over its more than 50 years of operation, Sucden Financial has developed a robust reputation for providing tailored trading solutions to financial institutions, corporations, and brokers. The firm specializes in a diverse range of trading options, including forex, metals, energies, soft commodities, futures, and options. Notably, Sucden Financial does not cater to retail clients, focusing instead on institutional and corporate trading services.

  The company's business model emphasizes electronic trading solutions, offering comprehensive proposals that meet the intricate needs of its clients. This focus on institutional services has positioned Sucden Financial as a reliable partner for clients seeking to navigate the complexities of the financial markets. The firms extensive experience and strong financial backing allow it to deliver exceptional liquidity and execution services.

  

2. Regulation and Compliance Information

  Sucden Financial operates under the supervision of several regulatory bodies, ensuring compliance and client protection. The main regulatory authorities overseeing its operations include:

  • Financial Conduct Authority (FCA) in the UK (Registration No. 114239)
  • National Futures Association (NFA) in the USA
  • Securities and Futures Commission (SFC) in Hong Kong

  The licenses held by Sucden Financial are valid and cover a wide range of trading activities, allowing the firm to operate within the legal frameworks of each jurisdiction. The firm adheres to strict client fund segregation policies, ensuring that client funds are held separately from company funds, which enhances security.

  Moreover, Sucden Financial is a member of the Financial Services Compensation Scheme (FSCS), providing an additional layer of protection for clients in the UK. The firm implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to mitigate risks and ensure that all trading activities are conducted within the legal parameters.

  

3. Trading Products and Services

  Sucden Financial offers a comprehensive array of trading products catering primarily to institutional clients. The following outlines the key trading instruments available:

  • Forex: The broker provides access to a substantial number of currency pairs, including major, minor, and emerging market currencies.
  • CFDs: Sucden Financial offers a variety of Contracts for Difference (CFDs) across different asset classes, including indices, commodities, and precious metals.
  • Special Products: The firm also engages in trading unique commodities such as softs (coffee, sugar, cocoa) and energy products (oil, natural gas).
  • Retail Trading Services: While primarily focused on institutional clients, Sucden Financial does provide demo accounts for practice and strategy testing.

  With a commitment to staying ahead of market trends, Sucden Financial frequently updates its product offerings to include new instruments as market demand evolves. The firms access to global exchanges enables it to provide clients with a diverse selection of trading options.

  

4. Trading Platforms and Technology

  Sucden Financial supports various trading platforms, focusing on advanced technology to enhance the trading experience. Key features include:

  • MetaTrader Support: Sucden Financial does not currently offer MetaTrader 4 or 5. Instead, it utilizes proprietary platforms designed for institutional trading.
  • Proprietary Trading Platform: The Star platform offers a customizable interface with multiple order types, risk management tools, and advanced analytics.
  • Web-Based Trading: Clients can access the trading platform through web browsers, ensuring flexibility and convenience.
  • Mobile Applications: The broker provides mobile trading applications for both iOS and Android devices, allowing clients to trade on-the-go.

  In terms of execution, Sucden Financial operates on an ECN (Electronic Communication Network) model, providing direct market access and competitive pricing. The firm's technical infrastructure is robust, with servers located strategically to ensure low latency and high reliability. Additionally, Sucden Financial offers API access for automated trading, catering to clients who require advanced trading solutions.

  

5. Account Types and Trading Conditions

  Sucden Financial offers a streamlined account structure tailored to institutional clients. Key account features include:

  • Standard Account Conditions: There is no minimum deposit requirement, allowing clients to start trading with any amount. The broker offers competitive spreads, typically around 1 pip for major currency pairs.
  • Advanced Account Types: While specific advanced or VIP accounts are not detailed, the firm provides customized solutions based on client needs.
  • Special Accounts: Sucden Financial does not currently offer Islamic or corporate accounts explicitly.
  • Demo Account Policy: Clients can open demo accounts to practice trading strategies without financial risk.
  • Leverage Range: Leverage varies by jurisdiction, with up to 1:30 for major currency pairs in the UK and 1:100 for certain forex instruments in Hong Kong.
  • Minimum Trade Size: The minimum trade size is not explicitly defined, but clients can expect flexibility based on their trading strategies.
  • Overnight Fees: Information regarding overnight fees is not explicitly provided in public resources.

  

6. Fund Management

  Sucden Financial offers various funding options to facilitate deposits and withdrawals. Key points include:

  • Supported Deposit Methods: Clients can deposit funds primarily through bank wire transfers, ensuring security and efficiency.
  • Minimum Deposit Requirements: There are no minimum deposit requirements, allowing clients to choose their initial investment amount.
  • Deposit Processing Times: Deposits are typically processed quickly, but specific times may vary based on banking institutions.
  • Deposit Fees: Sucden Financial does not impose deposit fees, although clients should verify with their banking provider.
  • Withdrawal Methods and Limitations: Withdrawals are also processed via bank transfers, with potential processing times varying by institution.
  • Withdrawal Processing Times: Clients can expect timely processing of withdrawal requests, but exact durations depend on the banking methods used.
  • Withdrawal Fee Structure: Generally, there are no withdrawal fees, but clients should confirm details with Sucden Financials customer support.

  

7. Customer Support and Educational Resources

  Sucden Financial provides comprehensive customer support to address client inquiries and issues. Key features include:

  • Support Channels: Clients can reach support through phone, email, and social media. The primary contact number is +44 (0) 20 3207 5000.
  • Service Hours: Customer support is available 24/5, covering major trading hours, although there is no 24/7 support.
  • Multilingual Support: The primary language of support is English, catering to a global client base.
  • Educational Resources: Sucden Financial offers limited educational materials, focusing primarily on market insights and news rather than structured training programs.
  • Market Analysis Services: The firm provides regular market commentary and analysis, assisting clients in making informed trading decisions.
  • Trading Tools: Clients have access to various trading tools, including calculators and market calendars, to enhance their trading experience.

  

8. Regional Coverage and Restrictions

  Sucden Financial has a global presence, but its services are primarily targeted at institutional clients. Key points include:

  • Primary Service Markets: The broker primarily serves clients in the UK, USA, and Hong Kong, leveraging its regulatory licenses in these jurisdictions.
  • Regional Office Distribution: Sucden Financial has offices in London, Hong Kong, and New York, allowing it to provide localized services to clients worldwide.
  • Countries with Client Restrictions: Specific countries where Sucden Financial does not accept clients are not detailed in public resources, but compliance with local laws is emphasized.
  • Special Restrictions: The firm adheres to regulatory requirements, ensuring that its services are only offered in jurisdictions where it holds valid licenses.

  In conclusion, Sucden Financial stands out as a reputable sucden financial broker, offering a wide array of services tailored to institutional and corporate clients. With its strong regulatory framework, diverse trading products, and commitment to client service, Sucden Financial remains a key player in the global financial markets.

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Sucden Financial Forex Broker has an overall rating of 1.51, Regulatory Index 0.00, License Index 0.00, Business Index 7.03, Software Index 4.00 Risk Control Index 0.00.
Sucden Financial