Sucden Financial has a longstanding pedigree in the trading world that few can match. Part of the Sucres & Denrees Group which was founded back in 1952, Sucden Finance served as the company’s brokerage arm since 1973.
Known across the world as a leading derivatives broker in a range of markets, including Forex, Sucden Financial counts investment houses, high net worth individuals and professional traders amongst its client base. Such a pedigree in the industry has led to Sucden Financial being operational in more than 30 countries across the world with an operating staff of 5,000+.
SucdenFinancial.com’s Special FX:
Although this online FX broker caters more for experienced traders and professionals, the conditions available for those who are suitable are some of the best in the industry. Indeed, one of the biggest perks of being a member of this site is their reputation and deep-rooted connections within the industry.
Because Sucden has been operational since 1973 they have forged links with multiple institutions and can therefore offer FX liquidity aggregation to the customers. In a nutshell this means they have access to deep liquidity which allows them to offer tight price feeds from a range of sources.
In addition to offering etrading through various platforms on its site, Sucden also has provisions for voice brokerage services and Reuters direct dealing. For the experienced trader this flexibility is a great way to obtain the best rates possible.
Sucden has a fully fledge demo account which allows interested traders thoroughly test the site before they deposit any cash.
Beyond this a standard account is powered by Sucden Financial’s SMART platform which contains a range of expected features, including in-chart trading, limit orders, custom indicator provisions and live support. To help facilitate traders and make its platform as accessible as possible, Sucden has desktop, browser-based and mobile clients available.
Because Sucden caters to seasoned FX traders its minimum deposit threshold is $5,000. This figure naturally puts it beyond the reach of many novice traders, however, for those that can afford to trade through this site maximum leverage of 20:1 is available alongside spreads starting from 2 pips.
Minimum trading sizes at Sucden are set at 1 lot and users will have access to 140 currency pairs, including major, minor and exotic of which four digits after the comma will be counted.
Finally, to round off their product, each Sucden account holder has the access to hedging, overnight interest rates (swaps), trailing stops, pending orders and one-click trading.