Sucden

Sucden Information

Sucden Financial, founded in 2008 and regulated by the FCA, is an online trading platform that offers financial trading in metals, forex, softs & agriculturals, energy, and fixed income. The platform provides tailored solutions for corporates, financial institutions, and brokers.

Pros and Cons

Is Sucden Legit?

Sucden has an Institution Forex License regulated by the Financial Conduct Authority (FCA) in the United Kingdom with a license number of 114239. It once had a Common Financial Service License regulated by the National Futures Association (NFA), but it is currently unauthorized.

What Can I Trade on Sucden?

Sucden Financial offers different financial instruments, mainly including metals (base metals, precious metals, steel, iron ore), forex, softs and agriculturals, energy, and fixed Income.

Solutions for Accounts

Sucden Financial offers tailored solutions for different types of clients:

For Corporates: Sucden Financial offers comprehensive corporate services, understanding the objectives of large corporations. The platform provides commodity and FX hedging solutions to manage price and market risks, including FX exposure management within commodities strategies and facilitating large transactions with bespoke OTC FX options and deliverable FX products.

For Financial Institutions: Sucden Financial has a long history of serving diverse financial institutions like banks and hedge funds, offering tailored solutions for execution, clearing, liquidity, and prime brokerage. The platform's expertise spans commodities, fund services, eFX, and FX options, with both voice and electronic DMA multi-asset execution and clearing available.

For Brokers: Sucden Financial provides brokers with tailored solutions including FX liquidity, market access for hedging, and execution/clearing across various markets. Leveraging a principal trading model and offering margin terms and white-label services, they act as a counterparty with a broad product range in FX, precious metals, and spot energy.

Key Facts

Sucden Financial has over $200 million in capital and more than 50 years of experience in financial markets. They are a Category 1 LME member with Tier 1 direct banking relationships, offering 24-hour service.

Trading Tools

Sucden provides clients with market navigation tools like insights, research reports, and analysis from their team and brokers. These resources cover diverse markets, including metals, FX, soft commodities, and the EV/battery materials sector.