Sucden

Sucden Financial Ltd

Sucden - Forex Broker

Broker nameSucden
Company nameSucden Financial Ltd
Online since2007-01-01
Site urlhttp://www.sucden-smart.co.uk
CountryUnited Kingdom
Minimum account size5000.00
Minimum account size currencyGBP
Minimum position size0.100000
Maximum leverage100
Maximum leverage descriptionup to 1:100
Spread levelmedium
Spread description2 pips on EUR/USD
Is regulatedYES
Regulation descriptionRegulated by the British FSA.
Easy registrationNO
Votes count17
Rating2.60
Email

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Advantages

  • Forex, futures, CFD and equity trading.

Disadvantages

  • High minimum account size.
  • No MetaTrader 4 support.
  • Opening an account is not an easy process.
  • Commissions for mini-trading.

Payments

  • Wire transfer

Categories

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One Review

  1. Jennifer:

    Forex trading pnairtes to foreign currency exchange trading. It is not an affiliate program or multilevel marketing.Just like trading stocks in the stock market, forex trading involves trading foreign currencies. In the stock market, if you think the stock of XYZ Company is going up, you buy (or go “long”). If you think the stock will go down, you sell (or go “short”) the stock.Same way in forex if you think the British Pound (GBP) will get stronger versus the U.S. Dollar (USD), you buy GBP and sell USD. If you think it will get weaker, then you sell GBP and buy USD.This was a very simplified example. There’s a lot more to it, of course, but that’s essentially the mechanics of a forex currency trade.

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