Sundell-FX review: Trading instruments, Platforms, Broker features, and Traders ratings.

Not yet rated
1 • 1 REVIEWS
Out of business
Updated: Apr 4, 2024

What is Sundell-FX?

Sundell-FX is an online CFD broker, offering an in-house developed platform in PC, Mobile and Web versions.

Sundell-FX.com offers CFD on over 20 forex currency pairs, commodities, gold, silver, other metals, oil, indices, cryptocurrencies (bitcoin etc.), for your personal investment and trading options.

Please read Sundell-FX Reviews below and share your live trading experiences with this broker.

Website is down. Company seems to be out of business.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 400:1
Minimum to Open Live: Unknown
Established: 2018
Address: Unknown
Contact: sundellltd@gmail.com
Regional offices:
Regulators:
Prohibited countries: Unknown
Trading platforms: WebTrader, MobileTrader (MobileApp)
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (20+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (20+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities

Trading Conditions

Managed Accounts & Social Trading

Deposit Methods:
Withdrawal Methods:
* Please check broker website for more information
1 • 1 REVIEWS

Recent User Reviews of Sundell-FX

S
Sharkfin101
United States, USA,
Jun 14, 2023,
Registered user

ShaZhuPan scam Site

Service use: Live Length of use: 0-3 Months
This is a heads up about Sundell (a.k.a. Sundell-fx). I was approached by a charming Chinese lady on a social app. Immediately she wanted to switch to Whatsapp. After that I knew it was a scam but I didn't know what kind. She did most of the classic steps and followed the "playbook" outlined in this site. Since I knew it was a scam, I set rules and boundaries mostly no sexy pictures. I am married. I didn't want to get blackmailed with incriminating pics or texts. There were pleasant greetings morning and night. Talked about how incredibly rich she was and this special method to make money she had from her "uncle". It was 100% and never missed. She got really cozy and friendly calling me her good friend, etc. Shared pics but only two with her face. none of the others had them. She did video and voice chat with me to try to convince me she was real. I suspect there were at least three different people I was talking to. One very sweet and kind/caring, one very business-like and one I would call the enforcer. The Enforcer had a terrible temper when I acted up and I did that alot just for fun. Tried to get into their heads. After a couple weeks she offered to share with me what she did and via the FX6 phone app showed my how to find and get the Sundell Platform. I could try a demo and trade spot gold with her direction at specific times. The trading sent serious red flags. There were strange blips in the data that didn't make sense. The "live" price data stream would periodically jump or fall from 5, 10, or 20 points. The price would stay that way for about 10 minutes +/- then the reverse. It was like clockwork and never failed. I always put in a close order just in case (didn't trust it). She showed me some trades, she help me with set up and perform a couple demo trades trying to build my confidence. Eventually I said what the hell and sent some $. I made a few trades and made some money. She tried to get me to add more money but I resisted. After I made some $, I withdrew my original investment without telling her. Honestly I was kicking myself for ever sending money and I wanted it back. It was also a good way to build her trust in me so she would share more. I still did not know what kind of scam it was at this point. Withdrawing my $ really set her off. LOL It was a good test at how involved she was. She stopped talking to me for a while trying to guilt me into adding back more money. When I questioned her and demanded we meet in person, she said she didn't want to talk about the site anymore and withdrew from our once pleasant conversations. So, I traded on my own. In a short time I made a considerable amount of $. Who wouldn't with the "can't lose" cycles that they were showing. It all stopped when I tried to test a withdrawal to my crypto account. To make deposits or withdrawals you had to email "Customer Service" for "permission". At this point with my account showing a large profit, Customer Service told me I was in violation of site policy and the law for illegal trading (whatever that means) and I must pay a 5 figure sum in order to prove I was legitimate. Once I did that, my account would be reinstated and I would have access to my profits. Naturally I didn't send them any $. So I found out that the site is fake and staged to lure unsuspecting people to think they are trading on a legit site/app and have this large profit fund they can take, but I don't believe anyone ever gets it back. Everything looks legit, but like the saying goes, if it looks too good to be true it probably is.