Is SuntonFX a Scam Broker? 

If the name SuntionFX sounds familiar it could be that it shares part of its name with Sunton Capital. The two brokers may share more than a name. It isn’t common for scam brokers to clone other brokers using similar-sounding names, but in this case, there are questions about both Sunton Capital and SuntonFX. Often unregulated brokers will adopt several names to throw off regulators and the public. 

Is SuntonFX a Scam or Legit Broker?

SuntonFX boasts about its services and claims that it has higher standards than the FCA, the Financial Conduct Authority of the UK. This is hard to believe since the FCA is a top-tier regulator. It is also not an excuse for not having a license from the FCA which SuntonFX clearly does not. Therefore, we recommend staying away from this broker. Particularly concerning was one review that this broker asked for extremely sensitive data. 

Here are some problems we have discovered from our research on SuntonFX and reviews:  

• Unlicensed 
• Poorly designed website
• Brags about not needing a license
• Asks clients for sensitive data
• No contact information

Our experts do not recommend SuntonFX We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by SuntonFX or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.