Is Sure Forex Trade a scam or legit broker?

No, it is not safe to trade with Sure Forex Trade. Sure Forex Trade is owned by Sure Forex Trade Limited and claims to be located in New York, USA. 

Sure Forex Trade offers Contracts for Difference (CFDs) on 6 asset classes: Forex, Shares, Spot Indices, Futures, Spot Metals, and Spot Energies. The broker provides access to top-tier liquidity and advanced trade execution with no dealing desk intervention.

According to the website, Sure Forex Trade is authorised and regulated by several regulators, including the UK’s Financial Conduct Authority, Cyprus Securities and Exchange Commission, South African Financial Services Board, and Dubai Financial Services Authority

However, we have checked the registers and it turned out the broker is making false claims about all the licenses, as we didn’t find any mention of them. It is a popular practice among unregulated brokers which try to delude the clients by providing false regulation details.

We advise all investors and traders to avoid Sure Forex Trade and other unregulated brokers. The lack of information about the broker’s regulation, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FXTM and Alpari.

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2 responses to “Sure Forex Trade”

  1. I was cheated by sureforextrade!The lady discussing stuffs was named Kate looney.
    I was assured good return like Invest $500 and get $5000 after one day or two. I invedted $500 but after 2 days she told that you have earned $10k and for withdrawal Ineed to pay 15% first then only the amount could be withdrawn.I didnt pay extra amount and lost all the money!! Please dont invest with them.I got to knowabout her in a telegram group. Many groups are there in telegram promising high returns!! Please stay away from such stuffs!Impulsive returns are prone to loss!!

  2. Yes they are scammers, they scammed me too. Actually they are from Africa but pretend to be Americans. They are pure frauds

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