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Sun Trade FX

High riskForex / CFD broker
🇬🇧 United Kingdom · 2-5 years · since 2021-08-05 · Sun Trade FX
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
51/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.51/10
Trustpilot—/5
Forex Peace Army—/5
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No sign that Sun Trade FX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
51
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSun Trade FX
Headquarters🇬🇧 United Kingdom
Founded2021-08-05
Years operating2-5 years
Employees0
Official websitesuntradefx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Sun Trade FX is an unregulated retail forex broker registered in the UK with an elevated FXCanary Scam Risk Score of 51/100. The absence of any regulatory licence and limited verified information make it a high-risk choice for traders. We recommend caution and suggest thoroughly researching the broker before engaging.

Best for
  • Experienced traders willing to accept higher risk
  • Traders seeking unregulated offshore options
Not for
  • Regulation-conscious traders
  • Beginners or risk-averse investors
  • Those requiring FCA or other major regulatory protection
Period:

Real user reviews

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About Sun Trade FX

Company Overview

Sun Trade FX is a retail forex and CFD broker registered in the United Kingdom, with the official domain suntradefx.com. The company was founded on 5 August 2021, operating for a relatively short period in the online trading industry.

As a UK-registered entity, it falls under the jurisdiction of British corporate law, but it does not hold any regulatory licences from the Financial Conduct Authority (FCA) or any other recognised financial regulator. This absence of oversight is a notable factor for potential traders to consider.

Regulatory Status

Sun Trade FX has no regulators on file according to FXCanary's records. This means that the broker is not authorised or supervised by any major financial authority, such as the FCA, CySEC, or ASIC.

For traders, unregulated brokers carry inherent risks, including lack of client fund protection, no independent dispute resolution, and no guarantee of fair trading practices. The FXCanary Scam Risk Score of 51/100 (Elevated) reflects these concerns.

Trading Platform and Instruments

Based solely on the limited available information, Sun Trade FX likely offers a proprietary or third-party trading platform for forex and CFD trading. However, specific platform details (e.g., MetaTrader 4/5, cTrader) and the full list of instruments are not confirmed from known facts.

Typically, brokers of this nature provide access to major, minor, and exotic currency pairs, as well as CFDs on indices, commodities, and cryptocurrencies. Without verified data, traders should exercise caution and seek direct clarification from the broker.

Account Types and Funding

The broker may offer several account tiers, such as standard, premium, and VIP accounts, possibly with varying spreads, leverage, and minimum deposit requirements. No specific details are available from official sources.

Funding methods are likely to include bank transfers, credit/debit cards, and e-wallets, but again, this is unconfirmed. Traders should verify all terms directly with Sun Trade FX before depositing funds.

Target Audience

Sun Trade FX appears to target retail traders looking for forex and CFD trading opportunities. The lack of regulation and elevated risk score suggests it is more suited to experienced traders who understand the risks of unregulated brokers.

New or risk-averse traders are generally advised to avoid brokers without regulatory oversight, as the potential for unfair practices or loss of funds is higher.

Overview compiled by FXCanary from regulatory records and public data. full Sun Trade FX review