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  • 5

Pros

  • Segregates client funds
  • Established in
  • Regulated by
  • Min. deposit from $

Cons

To open a live account, you’ll need a minimum deposit of at least $. Alternatively, offers a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by . puts all client funds in a segregated bank account and uses tier-1 banks for this. has been established since , and have a head office in .

Before we dive into some of the more detailed aspects of ’s spreads, fees, platforms and trading features, you may want to open ’s website in a new tab by clicking the button below in order to see the latest information directly from .

Visit

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What are 's spreads & fees?

Like most brokers, takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum spreads listed on ’s website. The colour bars show how competitive ' spreads are in comparison to other popular brokers featured on BrokerNotes.

EUR/USD (Average: 0.7 pips)
GBP/USD (Average: 1.1 pips)
USD/JPY (Average: 1.1 pips)
AUD/USD (Average: 0.8 pips)
USD/CHF (Average: 2.3 pips)
USD/CAD (Average: 2.9 pips)
NZD/USD (Average: 3.6 pips)
EUR/GBP (Average: 2.4 pips)

Spreads are dynamic and are for informational purposes only.

As you can see, ’s minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with vs. similar brokers.

See all Spreads

How much does charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $0. Here’s a rough breakdown of the fees and how this compares against IG & Forex.com .

Sucden Financial IG Forex.com
Spread from: $ 0.00 $ 6.00 $ 10.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 0.00 $ 6.00 $ 10.00
$6 more $10 more
Visit Sucden Visit IG Visit Forex.com

All fees/prices are for informational purposes and are subject to change.

General Fees

  • does charge inactivity fees
  • withdrawal fees varies on payment method

Commissions

  • does charge commission on CFD shares

What can you trade with ?

offers over 155 different instruments to trade, including over 120 currency pairs. We’ve summarised all of the different types of instruments offered by below, along with the instruments offered by IG and Forex.com for comparison.

FX / Currencies Sucden IG Forex.com
# of forex pairs offered 120 90 80
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Sucden Financial IG Forex.com
# of commodities offered 3 34 12
Metals Yes Yes
Energies Yes Yes
Agricultural Yes Yes
Index & Stock CFDs Sucden Financial IG Forex.com
# of Stocks offered 0 8000 220
UK Shares Yes Yes
US Shares Yes Yes
German Shares Yes Yes
Japanese Shares Yes Yes
See Sucden's InstrumentsSee IG's InstrumentsSee Forex.com's Instruments

What’s the trading experience like?

1) Platforms and apps

 Screenshot

also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See 's platforms

Trading Features:

  • Low min deposit

Accounts offered:

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

allows you to execute a minimum trade of . This may vary depending on the account you open. allows you to execute a maximum trade of .

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that offers its traders on the right.

Funding methods:

3) Client support

support a limited number including .

4) What you’ll need to open an account with

As is regulated by , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore ’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from on 01/08/2019.

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.