Sucden Information
Established in 1973, Sucden is an unregulated brokerage company registered in Hong Kong. This firm provides a swath of investment options with its proprietary trading platform (STAR). Sucden offers customized solutions for financial institutions, corporates, and brokers with its 24/7 customer support. However, information about account types and trading fees is unavailable on its website.
Pros and Cons
Is Sucden Legit?
Sucden currently does not hold any valid regulatory certificates. Although it is incorporated in Hong Kong, it lacks regulation from any recognized financial authority.
What Can I Trade on Sucden?
There is more than one way to invest. And online brokerages don't always offer the same thing.
With Sucden, you can make a diversified portfolio in 5 asset classes, including forex, metals, commodities, energies, and fixed income. You can invest in metals, including gold, silver, platinum, palladium, copper, aluminum, lead, nickel, tin, and zinc. Sucden provides investing in commodities such as coffee, sugar, cocoa, and cotton. Government and corporate bonds are also available here.
However, if you're looking for ETFs or stocks, you won't find them here.
Services
Sucden provides multi-asset execution and clearing solutions for financial institutions, corporates, and brokers.
Whether you wish to manage your FX exposure as part of your commodities strategy, need to protect committed cash flows in a foreign currency, or facilitate large corporate transactions, Sucden can help.
You can also utilize Sucden's market access to meet your hedging requirements for execution or clearing solutions.
Trading Platform
Sucden offers its proprietary platform, namely, STAR. You can install it on Windows, MAC, IOS, and Android devices. It has a user-friendly and customizable interface. The platform connects with many of the world's key exchanges, including CME, ICE, and the London Metal Exchange, with its prompt-date structure.
Customer Support Options
Sucden Financial offers round-the-clock support for its customers. Various customer support is as follows:
- Phone: +44 (0) 20 3207 5310
- Email: info@sucfin.com
- Social Media: They maintain a presence on Twitter and Instagram.
The Bottom Line
Sucden could be an option if you're looking for a broker with a long history in financial markets and gives opportunities for a wide selection of products and services.
However, there is insufficient information about account types and trading fees on its website. This firm is not regulated by any recognized financial authority. Before choosing a brokerage, remember to consider the cost and the potential risk.
FAQs
Is Sucden a regulated brokerage?
No, Sucden is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Does Sucden Financial offer educational resources for its clients?
Yes, Sucden Financial provides news and market insights on its website.
What account types does Sucden have?
Unfortunately, there is no relative information available on its website.
Risk Warning
Online trading involves considerable risk, so it may not be suitable for everyone.
