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SSE FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-06 14:04

Abstract: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.

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.

SSE FX Information

Pros and Cons

ProsCons
Spreads from 0.0 pipsLess than one year in operation
Fast order execution with average speeds under 40msRegulatory status exceeded
Leverage of 1: 1000
Provide 2250+ Instruments
24/7 Customer Support
Pros and Cons
Pros and Cons

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 CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberRegulatory Status
United StatesNational Futures Association (NFA)SSE LTDCommon Business Registration16243340Exceeded
Is SSE FX Legit?

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 InstrumentsSupported
Forex CFDs✔
Commodities CFDs✔
Stocks CFDs✔
Index CFDs✔
Bond CFDs✔
Cryptocurrency CFDs✔
What Can I Trade on SSE FX?

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.

Account Type
Account Type

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 TypeSpreadsCommission
Raw Spread AccountFrom 0.0 pips$3.50 per lot per side
Standard AccountFrom 0.8 pipsCommission-free
SSE FX Fees
SSE FX Fees

  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 PlatformSupportedAvailable DevicesSuitable for
Tradingweb Platform✔Windows, Web Browser, Android, MAC, iOSHigh-volume Traders, Scalpers, and Robots
MT4❌Mobile and DesktopBeginner
MT5❌Mobile and DesktopExperienced Trader
Trading Platform

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 OptionsMin. DepositFeesProcessing Time
Credit and Debit Cards-FreeInstant
PayPal-FreeInstant
Neteller/Neteller VIP-FreeInstant
Skrill-FreeInstant
UnionPay-FreeInstant
Wire Transfer-Free2-5 business days

  Withdrawal Options

Withdrawal OptionsMin. WithdrawalFeesProcessing 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
Deposit and Withdrawal

Customer Service

  This broker offers 24/7 customer support. The support methods include phone calls, emails and live chat.

Contact Options Details
Phone SupportGeneral: +16469693303 (International charges may apply)
Thailand: +661800011956
Indonesia: +6280332160329
Colombia: +5718005190364
Vietnam: +8412032513
South Africa: +27800172944
Email SupportClient Relations: support@ssefx.com
Support: support@ssefx.com
Accounts: support@ssefx.com
Marketing: support@ssefx.com
Live chatSupport
Customer Service

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.

Related broker

Suspicious Clone
SSE FX
Company name:Raw Trading Ltd
Score
1.18
Website:https://www.ssefx.com/global/en/index.html
1-2 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.18

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