Is Sure Forex Trade a scam? On the page, the brokerage claims to be a top binary forex broker. It promises to be able to “provide retail traders and institutions with exceptional liquidity, service and technology”. All these provisions will help them trade OTC and exchange-trade markets.
The sole aim of Sure Forex Trade is to “provide traders with low cost access to foreign exchange markets and other product offering”. Trading with this broker guarantees investors of easy-to-use platforms, massive marketing range and effective risk management. It was founded in 2011 and claim to now have clients in all over the world and they have offices in 12 countries.
Sure Forex Trade Trading Platform
The trading platform used by the Sure Forex Trade Software is not MetaTrader 4. The MT4 is a user-friendly software that is popular among traders on forex. Sure Forex Trade instead offers a web-based platform with a leverage of 1:400.
It trades on the EUR/USD pairs with 0.1 pip.
Deposits and Withdrawals
The Sure Forex Trader allows payments and withdrawals through credit cards, wire transfer, Western Union, eWallets like PayPal, Skrill, Neteller, Skrill and Bitcoin. There is no information on minimum deposits and withdrawal charges.
This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine if this is a legit brokerage or not.
Is Sure Forex Trade Licensed
It is a tricky set of registration information on the page. First, it states that Sure Forex Trade is regulated by CySec. Then, it claims to be based in the US and licensed by FCA. This details may lead one to conclude that the broker has no legit license.
To reach a customer care representative of Sure Forex Trade call: +1 (845) 422-4373.
The dodgy information on license and registration makes it difficult to trust this brokerage. Further, the absence of a minimum deposit is another reason for distrust. That it does not use the MT4 or MT5 does not help Sure Forex Trade image in the market.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website