Extrait:Sunton Capital Ltd. is an offshore broker which is not regulated by any reputed regulation authority in its region. The broker claims to be regulated by the British regulatory FCA. But, the FCA information base has no notice of Sunton Capital, implying that it doesn’t supervise it. In addition, Belgium’s FSMA also blacklisted this broker. This tells us about the actual essence of the firm!
Aspect | Information |
Company Name | Sunton Capital |
Registered Country/Area | China |
Founded Year | 2016 |
Regulation | Unregulated |
Minimum Deposit | $100 |
Maximum Leverage | 1:500 |
Spreads | Variable |
Trading Platforms | MetaTrader 4, MetaTrader 5 |
Tradable Assets | Forex, CFDs on stocks, indices, commodities, and cryptocurrencies |
Account Types | Standard, ECN, VIP |
Demo Account | Yes |
Customer Support | 24/5 Live Chat, Email, Phone |
Deposit & Withdrawal | Credit/debit cards, e-wallets, bank transfers |
Educational Resources | Limited |
Sunton Capital is a forex and CFD broker founded in 2016 and registered in China. Despite their claims, they do not hold any regulatory licenses from recognized financial authorities, making them an unregulated broker. This lack of regulation presents significant risks for potential clients, including increased fraud risk, no protection of client funds, and limited recourse in case of disputes.
Sunton Capital offers trading on a variety of assets, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. They provide access to the popular MetaTrader 4 and MetaTrader 5 platforms, and the minimum deposit requirement is $100. While they offer a demo account, customer support, and various deposit and withdrawal methods, their educational resources are limited.
Sunton Capital does not hold any regulatory licenses from any recognized financial authority. This means that their activities are not overseen by any government agency, and they are not subject to any financial regulations.
While Sunton Capital claims to have a “financial license,” this is most likely a reference to their incorporation in Saint Vincent and the Grenadines. Incorporation does not grant any financial authority or regulatory oversight.
Pros | Cons |
Low minimum deposit ($100) | Unregulated |
Access to popular trading platforms (MT4, MT5) | Limited educational resources |
Demo account available | High maximum leverage (1:500) |
24/5 customer support | Variable spreads |
Multiple deposit and withdrawal methods | No segregated client accounts |
Pros:
Low minimum deposit ($100): This makes Sunton Capital accessible to traders with limited capital.
Access to popular trading platforms (MT4, MT5): MetaTrader 4 and MetaTrader 5 are widely used and trusted platforms, offering a familiar and user-friendly trading experience.
Demo account available: This allows traders to practice their trading strategies and familiarize themselves with the platform before risking real money.
24/5 customer support: Sunton Capital offers customer support via live chat, email, and phone, ensuring that traders can get help when needed.
Multiple deposit and withdrawal methods: Sunton Capital provides various convenient methods for depositing and withdrawing funds, including credit/debit cards, e-wallets, and bank transfers.
Cons:
Unregulated: This is a major concern, as unregulated brokers are not subject to any financial oversight and pose significant risks for investors.
Limited educational resources: Sunton Capital does not offer a comprehensive selection of educational resources, which may be a disadvantage for new or inexperienced traders.
High maximum leverage (1:500): This can lead to significant losses if used improperly, especially by inexperienced traders.
Variable spreads: This can make it difficult for traders to predict their trading costs accurately.
No segregated client accounts: This means that client funds are not kept separate from the broker's own funds, increasing the risk of loss if the broker becomes insolvent.
While Sunton Capital primarily focuses on two main product categories - forex and CFDs, their offerings delve deeper into various sub-products within each category. Let's explore each in detail:
Forex Trading:
Currency Pairs: Sunton Capital provides access to major, minor, and exotic currency pairs, allowing traders to speculate on exchange rate movements.
Trading Options: They offer various order types, including market orders, limit orders, stop orders, and trailing stops, allowing traders to execute their trading strategies effectively.
CFDs:
Underlying Assets: Sunton Capital offers CFDs on various underlying assets, including:
Stocks: Trade shares of publicly traded companies from various global markets.
Indices: Gain exposure to stock market performance through major indices like S&P 500, FTSE 100, etc.
Commodities: Speculate on the price movements of commodities like gold, silver, oil, and natural gas.
Cryptocurrencies: Trade popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
Overall, Sunton Capital offers a diverse range of products for forex and CFD trading. However, it's crucial to remember that their lack of regulation poses significant risks, and investors should carefully consider these risks before trading with Sunton Capital.
Sunton Capital offers three different account types to cater to varying trading needs and experience levels:
Standard Account:
This account is suitable for beginners and less experienced traders. It features a minimum deposit of $100, access to all tradable assets, and variable spreads. While leverage up to 1:500 is available, it's recommended to use caution with high leverage, especially for beginners. Customer support is readily available to assist with any questions or issues.
ECN Account:
Designed for experienced traders seeking tighter spreads and faster execution speeds, the ECN account offers direct market access (DMA), allowing you to trade at the best available market prices. A minimum deposit of $5,000 is required, and commissions are charged per trade. This account type provides a more professional trading environment suitable for active traders.
VIP Account:
Sunton Capital offers exclusive VIP accounts for high-volume traders with significant capital. These accounts offer personalized services, dedicated account managers, access to exclusive trading signals and analysis, and potentially even better spreads and commissions. The specific benefits and requirements for VIP accounts are not publicly disclosed and require individual inquiries with Sunton Capital.
Feature | Standard Account | ECN Account | VIP Account |
Minimum deposit | $100 | $5,000 | N/A (by invitation) |
24/7 Live video chat support | Yes | Yes | Yes |
Withdrawals | Processing time within 2 business days | Processing time within 1 business day | Priority processing and personalized support |
Demo account | Yes | Yes | Yes |
Copy Trading tool | Yes | Yes | Yes |
Bonus | Welcome bonus up to 50% | N/A | Customized bonus offers |
Other features | Variable spreads | Direct market access (DMA), tighter spreads, commissions per trade | Personalized services, dedicated account manager, exclusive trading signals and analysis |
Visit the Sunton Capital website and click on the “Open Account” button.
Choose the account type that best suits your needs and trading experience.
Fill out the online application form with your personal information, including your full name, email address, phone number, and proof of identity.
Verify your identity by uploading the required documents, such as a passport or government-issued ID.
Fund your account using one of the available deposit methods, such as credit/debit cards, e-wallets, or bank transfers.
Download and install the MetaTrader 4 or MetaTrader 5 trading platform.
Log in to your account and start trading!
Sunton Capital offers a maximum leverage of 1:500 for both forex and CFD trading. This means that for every $1 you deposit, you can control a position worth up to $500.
While high leverage can amplify potential profits, it also significantly magnifies potential losses. This makes it a highly risky option, especially for inexperienced traders.
Therefore, it's crucial to understand the risks associated with high leverage and use it cautiously. Only experienced traders who fully understand the risks and have implemented proper risk management strategies should consider using high leverage.
Sunton Capital Leverage Table
Asset | Maximum Leverage |
Forex | 1:500 |
CFDs on Stocks | 1:500 |
CFDs on Indices | 1:500 |
CFDs on Commodities | 1:500 |
CFDs on Cryptocurrencies | 1:500 |
Spreads:
Forex: The average spread for major forex pairs is around 1.5 pips, while exotic pairs may have wider spreads of 5 pips or more.
CFDs: Spreads for CFDs vary depending on the underlying asset. For example, the spread for CFDs on stocks may be 0.1%, while the spread for CFDs on cryptocurrencies may be 3%.
Commissions:
Standard and ECN Accounts: These accounts do not charge any commissions.
VIP Accounts: Commissions are charged per trade and may be negotiated based on your trading volume.
Account Type | Asset | Spread | Commission |
Standard | Forex (Major Pairs) | 1.5 pips | no |
Standard | Forex (Exotic Pairs) | 5 pips | no |
Standard | CFDs (Stocks) | 0.10% | no |
Standard | CFDs (Crypto) | 3% | no |
ECN | Forex (All Pairs) | Variable | no |
ECN | CFDs (All) | Variable | no |
VIP | All | Variable | Negotiable |
Sunton Capital offers two popular trading platforms for accessing their various financial instruments:
MetaTrader 4 (MT4):
Widely used and trusted: MT4 is a well-established platform used by millions of traders worldwide, making it a familiar and user-friendly option for both beginners and experienced traders.
Charting and technical analysis tools: MT4 offers extensive charting capabilities with various indicators and drawing tools for technical analysis, allowing users to identify trading opportunities and make informed decisions.
Automated trading: MT4 supports automated trading through Expert Advisors (EAs), which are custom-built algorithms that execute trades based on predetermined rules.
Mobile trading: MT4 is available as a mobile app for iOS and Android devices, allowing traders to monitor their positions and execute trades on the go.
MetaTrader 5 (MT5):
More advanced features: MT5 builds upon the foundation of MT4 and offers additional features, including a built-in market depth window, improved charting capabilities, and support for more complex order types.
Faster processing and execution: MT5 boasts faster processing speeds and trade execution compared to MT4, making it suitable for high-frequency trading.
Additional asset classes: MT5 supports a wider range of asset classes than MT4, including futures and options contracts.
Both MT4 and MT5 offer a range of features that cater to different trading styles and needs. Ultimately, the choice between the two platforms depends on your individual preferences and trading experience.
Sunton Capital offers various payment methods for depositing and withdrawing funds, but it's important to note that fees may apply.
Deposit Methods:
Credit/Debit Cards: Deposits are processed instantly and may incur a processing fee of 2-3%.
E-wallets: Deposits are processed quickly and generally free of charge. Supported e-wallets include Skrill, Neteller, and WebMoney.
Bank Transfers: Deposits may take several business days to process and may incur a wire transfer fee ranging from $15 to $50.
Withdrawal Methods:
Credit/Debit Cards: Withdrawals can be processed within 2-5 business days and may incur a processing fee similar to deposits.
E-wallets: Withdrawals are usually processed within 1 business day and are generally free of charge.
Bank Transfers: Withdrawals can take several business days to process and may incur a wire transfer fee.
Additional Fees:
Inactivity Fees: Sunton Capital charges an inactivity fee of $10 per month if an account is inactive for more than 3 months.
Account Closure Fees: A fee of $25 may be charged for closing an account.
Payment Method | Deposit | Withdrawal | Possible Additional Fees |
Credit/Debit Cards | Instant, 2-3% processing fee | 2-5 business days, possible fees | $25 Account closure fee |
E-wallets (Skrill, Neteller, WebMoney) | Fast, Free | Within 1 business day, Free | $10/month Inactivity fee |
Bank Transfers | Several business days, 15−15−50 fee | Several business days, possible fees |
Sunton Capital offers customer support through various channels:
24/5 Live Chat: Available directly on their website for immediate assistance with queries and troubleshooting.
Email: Submit your inquiry through their email address for detailed and non-urgent issues.
Phone: Contact their support hotline for direct interaction with customer service representatives.
Overall, Sunton Capital provides customer support through various channels, including 24/5 live chat, email, and phone. However, their customer support may not be as reliable and responsive as regulated brokers due to potential limitations in resources and infrastructure.
Sunton Capital provides a limited selection of educational resources compared to many other brokers. Their offerings primarily consist of:
FAQ Section: A comprehensive list of frequently asked questions and answers covering basic trading concepts, account management, and platform features.
Blog Articles: Occasional blog posts discussing general market trends, trading strategies, and financial news.
Video Tutorials: A limited number of video tutorials demonstrating basic platform functionalities and trading order types.
While Sunton Capital offers a variety of trading instruments, popular platforms, and customer support channels, their lack of regulation presents significant risks for investors. Concerns regarding fraud, limited recourse in case of disputes, and potential fund loss outweigh the potential benefits of variable spreads, low minimum deposit, and demo accounts. Choosing a regulated broker with a proven track record provides a safer and more reliable trading environment, even if it comes with higher fees or limited platform options. Ultimately, prioritizing safety and security should outweigh any potential short-term benefits offered by unregulated brokers like Sunton Capital.
Q: Is Sunton Capital regulated?
A: No, Sunton Capital is not regulated by any major financial regulatory body. This raises concerns about the company's legitimacy and the safety of your funds.
Q: Are my funds safe with Sunton Capital?
A: Due to their lack of regulation, the safety of your funds with Sunton Capital cannot be guaranteed. There is no regulatory oversight to protect your interests in case of disputes or company insolvency.
Q: What trading platforms does Sunton Capital offer?
A: Sunton Captial offers both MetaTrader 4 and MetaTrader 5, which are popular and widely used trading platforms.
Q: What are the minimum deposit and withdrawal amounts?
A: The minimum deposit for a Standard account is $100. The minimum withdrawal amount depends on the chosen payment method.
Q: Does Sunton Capital offer educational resources?
A: Sunton Capital offers a limited selection of educational resources, including a FAQ section, blog articles, and some video tutorials. However, these resources may not be sufficient for comprehensive learning about trading.
Q: What are the fees associated with trading with Sunton Capital?
A: Sunton Capital charges variable spreads and commissions depending on the asset and account type. Additionally, fees are charged for deposits and withdrawals.
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