Is Sure Forex Trade Scam or Legit Broker?
No, it is not safe to trade with Sure Forex Trade. Sure Forex Trade is owned by Sure Forex Trade Limited and claims to be located in New York, USA. However, all brokers located in the USA should hold a license from NFA, which is not the case with Sure Forex Trade.
About Sure Forex Trade
| 🗺️ Registered in | No Registration |
| 🗺️ Type of License | No License |
| 🛡️ Is Sure Forex Trade safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets – licensed by ASIC in Australia |
What is Sure Forex Trade?
Sure Forex Trade offers Contracts for Difference (CFDs) on 6 asset classes: Forex, Shares, Spot Indices, Futures, Spot Metals, and Spot Energies. The broker states to provide access to top-tier liquidity and advanced trade execution with no dealing desk intervention.
-
According to the website, Sure Forex Trade is authorized and regulated by several regulators, including the UK’s Financial Conduct Authority, Cyprus Securities and Exchange Commission, South African Financial Services Board, and Dubai Financial Services Authority.
-
However, we have checked the registers and it turned out the broker is making false claims about all the licenses, as we didn’t find any mention of them. It is a popular practice among unregulated brokers that try to delude clients by providing false regulation details.
Sure Forex Trade Review Conclusion
We advise all investors and traders to avoid Sure Forex Trade and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FXTM and Alpari.
Sure Forex Trade Update
Our research revealed that the Sure Forex Trade website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.