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Sunton Capital-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2021-12-06 10:10

Abstract:Sunton Capital is a forex broker and claims that it is registered in China, with its founding time, actual office address and the company behind it unknown to all. Clearly, Sunton Capital is not subject to any regulation, so it is unsafe to trade with this broker.

General Information & Regulation

Sunton Capital is a forex broker and claims that it is registered in China, with its founding time, actual office address and the company behind it unknown to all. Clearly, Sunton Capital is not subject to any regulation, so it is unsafe to trade with this broker.

Market Instruments

At Sunton Capital, traders can trade with forex currency pairs, metals, indices, commodities, and shares.

Minimum Deposit

The minimum deposit required for opening a basic account is $100 or equivalent. Although this requirement is reasonable, given the fact that Sunton Capital is unregulated, traders are not advised to register real trading accounts here.

Leverage

The maximum leverage level of Sunton Capital is 1:100, not that generous compared with many other brokers. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use high leverage.

Spreads & Commissions

Sunton Capital only mentions it offers low spreads, but does not specify detailed spreads on particular instrument.

Trading Platform Available

When it comes to trading platform available, the only platform available at Sunton Capital is a web version of the MetaTrader5.

Deposit & Withdrawal

Payment methods used by Sunton Capital are around credit cards, debit cards, wire transfers, crypto methods, and at times, some alternative payment gateways. Withdrawals use the same methods, although with withdrawals users have to look out for fees! The typical withdrawal processing time is between 2 and 5 days.

LeverageBrokerCommissionDealer

Related broker

No Regulation
Sunton Capital
Company name:Sunton Capital Ltd
Score
1.48
Website:http://www.suntonfx.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.48

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