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Sun CFD Trading
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Is Sun CFD Trading a Scam Broker?
Sun CFD Trading’s site indicates that it offers trading services of CFDs, forex, cryptocurrencies, shares, indices, commodities and other assets. Although its copy is fluffy and unprofessional and its web design is tacky, it features photos and names of professionals in the company and claims it has a CSSF license. Is this good enough to trust Sun CFD Trading? Broker Complaint Registry took a closer look and has created this review.
Is Sun CFD Trading a Scam or Legit Broker?
Sun CFD Trading is the subject of a warning from the CSSF, Luxembourg’s regulatory body, and they have stated clearly that Sun CFD Trading’s claims of licensing are false. There are also other official warnings issued against Sun CFD Trading by other European regulators and it is therefore clear that consumers should stay away from this broker. This is an important lesson in not taking broker’s claims at face value, but looking carefully at them before signing up.
Our experts found out the following about Sun CFD Trading:
- No license
- Warning by the CSSF
- Fluff and unprofessional content and web design
- Bad reviews
Our experts do not recommend Sun CFD Trading. We encourage visitors to do research, read our broker reviews and select regulated brokers. If you have been scammed by Sun CFD Trading or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.