Quick Links

• Our Review Method

• Is Sure Forex Trade Scam or Legit Broker?

• What is Sure Forex Trade?

• Conclusion

Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding Sure Forex Trade due to the issues we've identified.

Is Sure Forex Trade Scam or Legit Broker? ▲

Sure Forex Trade, a brokerage claiming New York, USA as its base, raises significant concerns regarding its legitimacy. Despite its assertions, it fails to exhibit any licensure from the National Futures Association (NFA), a critical regulatory requirement for any brokerage operating within the United States. This omission serves as a stark warning against engaging with Sure Forex Trade for trading activities.

• Registration Status: Absence of Registration

• Licensing: No Valid License

• Safety of Trading with Sure Forex Trade: Not Advisable

• Suggested Regulatory Bodies for Verification: Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC) in Australia

What is Sure Forex Trade? ▲

Sure Forex Trade markets itself as a provider of Contracts for Difference (CFDs) spanning a range of asset classes including Forex, Shares, Spot Indices, Futures, Spot Metals, and Spot Energies. The brokerage claims to facilitate access to premium liquidity and superior trade execution without the intervention of a dealing desk.

• It purports to be sanctioned and overseen by numerous regulatory authorities, including the Financial Conduct Authority in the UK, the Cyprus Securities and Exchange Commission, the South African Financial Services Board, and the Dubai Financial Services Authority.

However, a thorough examination of regulatory registers has unveiled that these claims of licensure are unfounded. This is a common tactic employed by unregulated brokers aiming to mislead potential clients with fictitious regulatory credentials.

Conclusion ▲

It is our firm recommendation that investors and traders exercise caution and steer clear of Sure Forex Trade as well as other non-regulated entities. The lack of transparency regarding regulatory compliance, trading conditions, and basic contact information serves as a glaring indicator of the potential risks involved. Entities of this nature frequently engage in fraudulent schemes. Traders are better served by entrusting their investments to brokers duly regulated by reputable authorities such as those in the UK or Australia, with FXTM and Alpari standing out as reliable alternatives.

• Update on Sure Forex Trade: Our latest findings indicate that the Sure Forex Trade website is no longer operational, signaling a cessation of its trading services. Despite this, we urge continued vigilance and recommend avoiding any engagement with this broker or similar propositions.