Report a Scam and File a Chargeback Against SuntonFX

Is SuntonFX a Scam Broker? 

If this broker sound familiar, there is a reason. SuntonFX is a new name for another broker, Sunton Capital. Reliable brokers may occasionally change their names, but having several identities is more common with scam brokers. There are some red flags connected to SuntonFX, including its website, which barely functions. It is hard to sign up and browse the site. In addition, the broker is not regulated. 

Is SuntonFX a Scam or Legit Broker?

Not only is SuntonFX not regulated, but it claims to have stricter standards than the FCA. SuntonFX offers nothing to back up these claims and since it has no license at all, and they sound arrogant and untrustworthy. Those who try to sign up for an account with SuntonFX are asked for a lot of personal information, much more than a reliable broker would ask for. However, this broker does nothing to earn enough trust to justify asking for so much sensitive data. 

Here are some problems we have discovered from our research on SuntonFX and reviews:  

  • No license
  • Poor website
  • Arrogant claims
  • Asks for too much sensitive data
  • No contact information

ChargeBax experts have examined SuntonFX and suspect it may be a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away.

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