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SUN-H Forex Broker provides real users with * positive reviews, * neutral reviews and 7 exposure review!

SUN-H Broker Review

Rating Index

WikiFX Detection

Business

Influence E

License

ASIC Unverified

SUN-H Review 7

Latest All(7) Exposure(7)
Exposure
Fraud

In June of this year, a stranger added me, invited me to enter a stock exchange group, where mentor He Guozhong and mentor Jin Bangzhu were giving lectures and recommending stocks. Since I invested in stocks regularly, I would watch their lectures. Mentors often recommend bullish stocks. At first, I didn't care about them at all, but the mentor gave me some stock recommendation messages every once in a while, and occasionally compared them with the market. I didn't expect the accuracy rate of the stock recommended by the mentor to be quite high! Later, I also chatted with him later, and the mentor recommended some stocks to me. This mentor gave me the feeling of being a character who has been in the stock market for many years and is very professional. He added me into his stock group, and regularly recommended stocks in the group every day. Many people in the group were following the mentor's operations, and also posted various profit orders. It didn't take long for the mentor to reveal in the lecture that the stock market is not easy to make profits now and recommended London gold trading, etc. and then introduced me to this platform: Use less capital and quickly obtain higher investment returns! Many people were coaxed to make big money with the mentor. I was so excited that I opened an account on the platform he recommended and registered. At first, I didn't dare to invest too much money. I invested 80,000 yuan for trial, all are profitable. Later they urged me to increase the deposit, so that the profit could be doubled. I started to lose money after I continued to invest 100,000 yuan. After the loss became serious, they urged me to continue to invest every day, and promised to earn back to the previous loss. Because of the excessive loss, with the mentality of earning back, another 200,000 yuan was invested. The final loss caused my balance remain less than 10,000 yuan. The mentor told me not to panic, the market fluctuations would make my investment profitable, and continued to let me deposit. I listened to the mentor's words and invested another 200,000 yuan. As a result, under his continued guidance, all capital were lost in less than a week. At this time, the mentor still let me continue to deposit money. I have no money in the end. The mentor seldom responded to my messages and no one in the group has ever posted a profit order since then, so I realized that I might have been scammed.

龙天锋法务先锋
2020-07-17
Exposure
The withdrawal is unavailable

This is my experience! In August,2019,someone sent some forex investment on Wechat,with a profit of 3-5 times within 3 days!I didn't believe it at first, but after a few days, I saw that person got 3 times the income of the principal under her guide! On August 29th, I also invested 50,000 in this platform! I also transferred 26,000 yuan to the technicians! After the investment, my income reached 530,000 yuan! When I made a withdrawal,the customer said that my bank account was wrong and I needed to pay 134470 RMB to withdraw.Then I was asked to raise the credit score since my score was only 80.I needed to recharge 100000 RMB to withdraw!After so that,the withdrawal was still not received.I wanted to get my fund back quickly,i deposited 60000 RMB again!The customer service promised that the fund would be transferred to my account on September 27th,2019.But they blocked me on 27th! I have no idea but call the police.The fraud platform even frozen my account!I made a loss of more than 370000 RMB!

骑着乌龟去战斗
2019-10-18
Exposure
Unable to withdraw.Bank account number error.Disappeared platform.

With the instruction of Wechat agent,I added the programmer’s QQ.When I made a profit,I was asked to pay margin.Later,they said that I needed to deposit my credit score.Now,the platform is disappeared!

骑着乌龟去战斗
2019-10-18
Exposure
SUN-H is a scam forex platform

The WeChat agent incited me to deposit money, and let QQ programmers operated the forex platform. When I was withdrawing money after earning more than 310,000, the account is showed to be abnormal. I was asked to pay 25% of the deposit. I submitted the bank card number before I checked it twice. Background data is also compiled by the fraudsters. The customer service personnel, the agent, and the programmers collude.

姜经理
2019-10-07
Exposure

This platform is a fraud platform,in which there is agent who first swindles you into the deposit. In the middle of the operation, you are asked to pay the upgrade fee. After the operation, you will be prompted to make a bank card error. Fraud platform. Don't believe it! !

FX3151183399
2019-09-22
Exposure
Repeated induced fraud

Fraud platform,induces you to pay money by grinding excuse including 35% margin,credit upgrading of thousands of money per score,etc.,thus putting hundreds of thousands of money in jeopardy by freezing your account.Fraudsters,hope you clear your conscience by these money.

FX3901257682
2019-09-16
Exposure
The SUN-H gives no access to withdrawal,finding excuses to put off it.

At first,a salesman,claims to take you to make money,will ask you to register account and deposit money in it.Then the technician will teach you forex purchasing and ask you to add fund to upgrade your account.When you withdraw your money,he will tell you that your password is wrong to ask for margin by 35%.After you pay down it,they will continue to tell you that your credit score is not enough to withdraw money and you shall raise it by paying 1500 yuan for each score.It is the pitfall in this fraud platform.Goddamit,these bloody fraudsters.With 200000 yuan lost, a woman who is more than 8 months pregnant was annoyed and admitted to the hospital.The agent and customer service never ever give any reply.

FX3901257682
2019-09-05

sun h 2025 In-Depth Review: Opportunity or Trap?

Executive Summary

The sun h broker positions itself as an attractive option for traders delving into the lucrative forex markets. It offers a variety of trading platforms and instruments that could appeal to experienced investors. However, the broker's dubious regulatory status combined with numerous concerning reports regarding fund safety and withdrawal reliability raise serious red flags. Ideal for seasoned traders willing to navigate high-risk environments and conduct thorough due diligence, sun h is better avoided by novices or those with lower risk tolerance. Given the warning signs of potentially unethical practices, it is crucial for prospective clients to approach this broker with caution.

⚠️ Important Risk Advisory & Verification Steps

Investing with unregulated brokers like sun h poses significant risks. Before proceeding, consider the following:

  • Risk Statement: Your capital might be at risk due to the lack of regulatory oversight.
  • Potential Harms: High withdrawal fees, unauthorized trading practices, and potential loss of invested funds.
  • Self-Verification Steps:
  • Check for regulatory licenses on authoritative websites (e.g., NFA's BASIC database).
  • Read reviews on platforms such as WikiFX and BrokerChooser to gauge the broker's reputation.
  • Look for complaints regarding fund withdrawals and trading practices on forums.
  • Contact customer service with questions about fees and withdrawal procedures before opening an account.
  • Rating Framework

    Dimension Rating (out of 5) Justification
    Trustworthiness 1 Lack of regulation and numerous negative reports present a high risk.
    Trading Costs 3 Competitive on trading costs but high withdrawal fees noted.
    Platforms & Tools 4 Offers robust platforms such as MT4/MT5, appealing to experienced traders.
    User Experience 2 Many reports of poor customer service and usability issues.
    Customer Support 2 Mixed reviews with complaints revolving around unresponsive support.
    Account Conditions 2 Limited account types and high fees deter potential clients.

    Broker Overview

    Company Background and Positioning

    Founded in Australia, sun h, formally recognized as Sun H & Co Pty Ltd, has established itself in the forex trading arena. While it claims familiarity with various asset classes and trading instruments, its lack of rigorous regulatory scrutiny may cast doubt on its reliability. As a prospective trader evaluates sun h, understanding its position in the market becomes crucial, especially when contrasting it against brokers backed by top-tier regulators.

    Core Business Overview

    sun h primarily engages in forex trading, futures, and options, promising a diverse trading environment for experienced traders. Its platforms include popular technologies such as MT4 and MT5, designed for both advanced traders and less experienced users, though user feedback suggests varying levels of satisfaction. Neither ASIC nor any credible regulatory body offers comprehensive oversight for sun h, leading to significant concerns regarding the protection of client funds and ethical trading practices.

    Quick-Look Details Table

    Key Details Information
    Regulation Not regulated by major authorities like ASIC, FCA, or SEC
    Minimum Deposit $250
    Leverage Up to 1:500
    Major Fees High withdrawal fees reported, up to $50 per transaction
    Trading Platforms MT4, MT5
    Asset Classes Offered Forex, Futures, Options

    In-depth Analysis of Each Dimension

    Trustworthiness Analysis

    Teaching users to manage uncertainty.

    The lack of regulation of sun h raises significant concerns about fund safety. As reported, regulatory information surrounding the broker is often conflicting, leading to uncertainty for prospective clients. Allegations suggest that sun h may operate as a "suspicious clone" broker, wherein it mimics legitimate brokerage practices without actual oversight, thus increasing the risk for investors.

    User Self-Verification Guide:

    Here is how users can verify the trustworthiness of sun h:

    • Access the National Futures Association (NFA) BASIC database and search for sun h to verify its license.
    • Review regulatory warnings on financial authority websites against the broker.
    • Search for independent reviews and trusted broker comparisons online.
    • Confirm that your chosen broker has valid contact details and operational transparency.
    • Industry Reputation and Summary:

      Numerous user testimonials caution against using sun h, particularly regarding issues with fund withdrawal and unauthorized trades. One anonymous reviewer noted,

      "I tried to withdraw my funds several times, but every time I'd face excessive fees and unresponsive support."

      Trading Costs Analysis

      The double-edged sword effect.

      sun h appears to offer a competitive commission structure, appealing to those seeking to maximize trading frequency without feeling burdened by cost. However, this comes with significant pitfalls; high withdrawal fees present a glaring disadvantage, as noted by users who reported being charged:

      "$30 for every withdrawal, which I did not expect!"

      These high fees can negate the benefits gained from lower trading costs, particularly during periods of high activity. Experienced traders may find the structure compelling, yet new traders should be particularly wary of these hidden costs.

      Platforms & Tools Analysis

      Professional depth vs. beginner-friendliness.

      sun h provides access to platforms such as MT4 and MT5, known for their advanced features suited for professional traders. These platforms allow users to engage in complex trading strategies, including automated trading and in-depth analysis.

      However, feedback suggests that while the features are robust, user experience can be a challenge. Some users have complained about the complexity and lack of support materials enhancing the learning curve of beginners. One user expressed frustration with the platform:

      "The tools are great if you understand them, but good luck finding help when you get stuck."

      User Experience Analysis

      Navigating the customer journey beyond the sales pitch.

      User experiences with sun h range significantly, with many highlighting difficulties in accessing customer support. Reviews have pointed out that response times are often slow, with several calling direct lines only to reach pre-recorded messages. Concerns about transparency in communications further exacerbate the frustration for clients seeking assistance. A user remarked,

      "They promise support, but getting a hold of someone is like pulling teeth."

      Customer Support Analysis

      Assessing the metrics of customer care.

      Experience with customer support at sun h has appeared polarized. Reports indicate substantial delays in receiving feedback regarding inquiries or issues. Clients are often left feeling neglected during critical trading periods.

      One trader noted the lack of adequate response during a pivotal trading decision:

      "I sent an email about a critical issue, and days later, I still have no response. It's very alarming."

      Account Conditions Analysis

      Understanding whether the conditions favor clients.

      sun h offers various account types; however, the general consensus points toward a limited range, compounded by high fees that deter potential clients. The minimum deposit requirement of $250 can attract new traders looking for accessible entry points. Still, this is countered by reports of numerous fees associated with maintaining an active account.

      In conclusion, while sun h offers diversity in trading options, the accompanying risks make it a less than ideal choice for many investors, particularly newcomers to forex trading. Extended periods of user reports indicating withdrawal issues further justify a cautious approach when considering this broker. The analysis presented here underscores the necessity for thorough research and risk assessment prior to making an investment decision with sun h.

SUN-H review