Is SuntonFX a Scam Broker?
You may or may not have heard of Sunton Capital. This broker has more in common with SuntonFX than the name. Both brokers have a sketchy record and it isn’t uncommon for unregulated brokers to take on several names. This could be to try to get away from customer complaints through several subterfuges. Another reason to be concerned about SuntonFX is that it does not have a license. In fact, it brags that it has tighter standards than the FCA, which is almost comically arrogant.
Is SuntonFX a Scam or Legit Broker?
Any broker operating in the UK must have a license from the FCA, but SuntonFX
Apparently believes it is above this requirement. There are many bad reviews and one troubling fact about SuntonFX is that it asks for much more personal information than a regular broker. All of these are concerning, but its lack of a license is enough to stay away from SuntonFX.
Here are some problems we have discovered from our research on SuntonFX and reviews:
- No license
- Low-quality website
- Boastful claims
- Requires too much sensitive data
- No contact information
ReportScamOnline experts have examined SuntonFX and have discovered that it is a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away