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Surya Forex Broker provides real users with 1 positive reviews, * neutral reviews and * exposure review!

Surya Broker Review

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Surya Review 1

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Positive

TOP-NOTCH execution speed and transparency! Their advanced technology and reliable service make trading smooth and efficient.

YUQIU
2024-08-14

  

Surya 2025 Review: Everything You Need to Know

  The Surya Forex Broker has garnered mixed reviews in recent years, with a moderate reputation in the trading community. Users have highlighted its low minimum deposit requirements and the availability of popular trading platforms like MetaTrader 4 (MT4), but concerns regarding regulatory oversight and customer service persist. Overall, potential traders should weigh the benefits against the risks associated with this broker.

  Note: It is important to highlight that Surya operates in various regions, and the regulatory environment may differ significantly across these areas. This review aims to provide a fair and accurate assessment based on the latest available information.

  

Rating Overview

Category Score (out of 10)
Account Conditions 6.5
Tools and Resources 5.0
Customer Service and Support 4.5
Trading Setup (Experience) 6.0
Trustworthiness 5.5
User Experience 6.0

  We base our ratings on a combination of user feedback, expert opinions, and factual data gathered from multiple sources.

  

Broker Overview

  Founded in 2011, Surya is based in Indonesia and offers a range of trading services primarily through the widely used MetaTrader 4 platform. It provides access to various asset classes, including forex, commodities, stock indices, and contracts for differences (CFDs). The broker is regulated by the Indonesian Commodity and Derivatives Exchange (ICDX), although its overall regulatory standing has been questioned due to limited oversight in certain areas.

  

Detailed Section

  

Regulatory Environment

  Surya operates under the supervision of ICDX, which is recognized for overseeing commodities and derivatives trading in Indonesia. However, the lack of a stringent regulatory framework raises concerns about the protection of client funds and transparency in operations. Users should be aware that trading with a broker that operates in a less regulated environment may expose them to higher risks.

  

Deposit/Withdrawal Options

  Surya accepts deposits and withdrawals in various currencies, including major fiat currencies and potentially cryptocurrencies. The minimum deposit requirement is relatively low, set at $50, which makes it accessible for new traders. However, users have reported challenges with withdrawal processes, raising questions about the broker's reliability in this aspect.

  

Bonuses/Promotions

  While specific promotional offers or bonuses were not highlighted in the reviewed sources, some brokers typically provide incentives for new users. It is advisable for prospective clients to check the official website or contact customer support for the latest promotional information.

  

Tradable Asset Classes

  Surya offers a diverse range of tradable assets, including forex pairs, commodities like gold and oil, stock indices, and CFDs. This variety allows traders to explore multiple markets and strategies, catering to both novice and experienced traders. However, traders should conduct thorough research on the underlying assets before engaging in trading.

  

Costs (Spreads, Fees, Commissions)

  Surya claims to offer spreads as low as 0 pips, which is appealing for scalpers and high-frequency traders. However, users should be cautious and verify whether these low spreads are consistently available and applicable to all trading pairs. There is limited information regarding additional fees or commissions, which can impact the overall trading cost.

  

Leverage

  While specific leverage ratios were not provided in the sources, brokers typically offer varying levels of leverage that can amplify both potential gains and losses. Traders should understand the risks associated with high leverage and use it judiciously.

  

Allowed Trading Platforms

  The primary trading platform used by Surya is MetaTrader 4, known for its user-friendly interface and comprehensive analytical tools. Traders can also engage in automated trading through Expert Advisors (EAs) on this platform.

  

Restricted Regions

  Surya's services may not be available in all countries, and users should check the broker's website for any restrictions that may apply to their region. This is particularly important for traders located in jurisdictions with strict regulations against certain brokers.

  

Available Customer Support Languages

  Customer support is available in multiple languages, facilitating communication for a diverse clientele. However, the quality and responsiveness of customer support have received mixed reviews, indicating that users may experience delays in receiving assistance.

  

Repeated Rating Overview

Category Score (out of 10)
Account Conditions 6.5
Tools and Resources 5.0
Customer Service and Support 4.5
Trading Setup (Experience) 6.0
Trustworthiness 5.5
User Experience 6.0

  

Detailed Breakdown

  •   Account Conditions: Surya offers a low minimum deposit of $50, making it accessible for new traders. However, the limited account types may not cater to all trading strategies.

  •   Tools and Resources: The broker provides basic tools through MT4, but the availability of advanced trading tools and resources is limited. More comprehensive educational materials would be beneficial for users.

  •   Customer Service and Support: Feedback indicates that customer support is lacking in responsiveness, which can be frustrating for users needing assistance.

  •   Trading Setup (Experience): The MT4 platform is user-friendly and offers essential features for trading, though users have reported some issues with execution speed.

  •   Trustworthiness: While Surya is regulated by ICDX, the overall trustworthiness is questioned due to the lack of stringent oversight and reported withdrawal issues.

  •   User Experience: Users have mixed feelings about their overall experience with Surya, citing both positive and negative aspects, particularly regarding customer service and the withdrawal process.

  •   In conclusion, the Surya review highlights a broker that offers some attractive features, such as low minimum deposits and access to a variety of trading instruments. However, potential traders should exercise caution, particularly regarding regulatory oversight and customer support. Thorough due diligence is recommended before committing any capital.