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Sucden Forex Broker Review

by forex on June 4, 2009

About Sucden Forex Broker

sucdenSucden Financial Ltd has been in the business of forex trading for 35 years now, but their online operations only started in 2007. They are based in United Kingdom, and are regulated by the British Financial Services Authority (www.fsa.gov.uk).

They already have a few online reviews, and most of these assessments are positive. Their brokers and support staff are said to be friendly and knowledgeable. Phone support is especially helpful, as analytical tools are available even to non-Sucden clients.

The old platform of Sucden Forex Broker is no match to their new one. However, they have a high minimum requirement of £5,000, and do not support MetaTrader 4. Overall, Sucden is a good forex broker, but due to their high initial balance, you should only open an account with them if you’re comfortable with forex.

Basic Broker Details

Site http://www.sucdenfinancial.co.uk/
Country of Origin United Kingdom
Accepted Deposit Modes Wire transfer
Withdrawal Method Wire transfer
Leverage 1:100 max
Regulation Body British Financial Services Authority (www.fsa.gov.uk).
Spread 2 pips (EUR or USD)
Minimum Account Requirement £5,000

Pros of Sucden Forex Broker

* Friendly and efficient client support

* Good platform

Cons of Sucden Forex Broker

* No MetaTrader 4 support

* High minimum requirement (£5,000)

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