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Exceeded
Score
1.78 /10
Danger
SSE FX
Within 1 yearRegulated in United States
Common Business Registration
Suspicious Overrun
Medium potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index1.25
Business Index3.35
Risk Management Index0.00
Software Index4.00
License Index1.25
Time Machine
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-28
- This broker exceeds the business scope regulated by United States NFA(license number: 16243340)Common Business Registration Non-Forex License. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
SSE FX Information
SSE FX is a forex trading platform that provides online forex trading services. The biggest advantage of SSE FX is its raw spread advantage, with trading spreads starting from 0.0 pips. The biggest drawback is its regulatory status, which is currently exceeded.
Pros and Cons
| Pros | Cons |
| Spreads from 0.0 pips | Less than one year in operation |
| Fast order execution with average speeds under 40ms | Regulatory status exceeded |
| Leverage of 1: 1000 | |
| Provide 2250＋ Instruments | |
| 24/7 Customer Support |
Is SSE FX Legit?
SSE FX is regulated by the National Futures Association under a Common Business Registration license, with the license number 16243340. However, the regulatory status is currently exceeded.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Regulatory Status |
| United States | National Futures Association (NFA) | SSE LTD | Common Business Registration | 16243340 | Exceeded |
What Can I Trade on SSE FX?
SSE FX offers more than 2250 tradable instruments, including 61 Forex CFDs, 24 Commodities CFDs, over 2,100 Stocks CFDs, 25 Index CFDs, 9 Bond CFDs, and 21 Cryptocurrency CFDs.
| Tradable Instruments | Supported |
| Forex CFDs | ✔ |
| Commodities CFDs | ✔ |
| Stocks CFDs | ✔ |
| Index CFDs | ✔ |
| Bond CFDs | ✔ |
| Cryptocurrency CFDs | ✔ |
Account Type
SSE FX offers two types of real accounts: Raw Spread Account and Standard Account, along with a live account. Opening an account is straightforward, requiring only a quick registration form and identity verification through the digital onboarding system.
SSE FX Fees
SSE FX offers lower fees, with spreads and commissions starting from 0. The Raw Spread Account features spreads starting from 0.0 pips, with a commission of $3.50 per lot per side. The Standard Account offers spreads from 0.8 pips and is commission-free.
SSE FX Spreads
| Account Type | Spreads | Commission |
| Raw Spread Account | From 0.0 pips | $3.50 per lot per side |
| Standard Account | From 0.8 pips | Commission-free |
 |  |
Non-Trading Fees
Deposits are free of charge.
Trading Platform
SSE FX platform supported on multiple devices including Windows, web browsers, Android, MAC, and iOS. It is suitable for high-volume traders, scalpers, and robots.
| Trading Platform | Supported | Available Devices | Suitable for |
| Tradingweb Platform | ✔ | Windows, Web Browser, Android, MAC, iOS | High-volume Traders, Scalpers, and Robots |
| MT4 | ❌ | Mobile and Desktop | Beginner |
| MT5 | ❌ | Mobile and Desktop | Experienced Trader |
Deposit and Withdrawal
SSE FX offers over 15 flexible funding options in 10 different base currencies. You can deposit instantly and without fees.
Deposit Options
It is important to note that the processing time for the last deposit method is longer than the others.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Credit and Debit Cards | - | Free | Instant |
| PayPal | - | Free | Instant |
| Neteller/Neteller VIP | - | Free | Instant |
| Skrill | - | Free | Instant |
| UnionPay | - | Free | Instant |
| Wire Transfer | - | Free | 2-5 business days |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Bank Transfer | - | - | Depends on bank processing time |
| Electronic Payment Platform | - | - | Depends on the payment platform |
| Credit Card Cash Withdrawal | - | - | Depends on the card issuer |
Customer Service
This broker offers 24/7 customer support. The support methods include phone calls, emails and live chat.
| Contact Options | Details |
| Phone Support | General: +16469693303 (International charges may apply) |
| Thailand: +661800011956 | |
| Indonesia: +6280332160329 | |
| Colombia: +5718005190364 | |
| Vietnam: +8412032513 | |
| South Africa: +27800172944 | |
| Email Support | Client Relations: support@ssefx.com |
| Support: support@ssefx.com | |
| Accounts: support@ssefx.com | |
| Marketing: support@ssefx.com | |
| Live chat | Support |
The Bottom Line
The key advantage of SSE FX is its low raw spreads, starting from 0.0 pips. However, a major downside is that its regulatory status is currently exceeded. SSE FX is well-suited for high-volume traders, scalpers, and robots.
FAQs
Is SSE FX good for beginners?
Yes, SSE FX is suitable for beginners, offering tight spreads from 0.0 pips and no restrictions.
Is SSE FX good for day trading?
Yes, SSE FX is ideal for day trading with its low spreads and fast execution.
Is it safe to trade with SSE FX?
While regulated, the exceeded regulatory status may be a concern.
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