Sunray Forex

Sunray Forex is a financial entity registered in the United Kingdom, with an official address at Unit 12, Ravenswood Industrial Estate, Shernhall St, London E17 9HQ. The company was founded on 15 June 2021, according to public records.

Despite its name suggesting a focus on foreign exchange trading, FXCanary has been unable to verify the actual services offered due to a lack of accessible public information. The broker's website, sunrayforex.com, is not currently providing transparent details about its operations.

Our records show that Sunray Forex holds no financial regulatory licences from any recognised authority. This is a critical red flag for potential traders, as trading with an unregulated broker carries significant risks, including lack of investor protection and recourse in case of disputes.

The absence of regulatory oversight means that the broker is not required to adhere to standards such as segregated client accounts or capital adequacy requirements. FXCanary strongly advises traders to only engage with regulated brokers.

Sunray Forex is registered as a company in the United Kingdom, with a formation date of 15 June 2021. The registered address is located in the Ravenswood Industrial Estate in London, which is an industrial area rather than a typical financial district.

The company's legal structure and ownership details are not publicly available in the limited information we have. This lack of transparency adds to the overall risk profile of the entity.

FXCanary's proprietary scam risk score for Sunray Forex is 75 out of 100, classified as 'Severe'. This high-risk rating is primarily driven by the complete lack of regulatory licensing and the limited publicly available information about the broker's operations.

Traders should exercise extreme caution when considering any involvement with Sunray Forex. The combination of a high risk score and no regulatory oversight suggests that the potential for fraud or mismanagement is significant.