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Introduction to Sunpor Group Limited Review:
Sunpor Group Limited claims to be an award-winning brokerage firm that always thinks for the good of the customers. However, things didn’t seem like this when we went through their website. With several problematic red flags popping up in the way, we decided to publish a detailed review about Sunpor Group Limited so that you can stay away from potential scam brokers like Sunpor Group Limited. If you are here with the intention of knowing whether Sunpor Group Limited is a scam broker or not, read the full Sunpor Group Limited review to know more. If you have been scammed by Sunpor Group Limited, stay tuned till the end of this review and we have a solution for you too.
Name: Sunpor Group Limited
Website: Sunporgroup.com
Address: Hong Kong and Australia
Leverage Offered: 1:300
Minimum Initial Deposit: Not Disclosed
Regulation: Unregulated
Rating: 1/5
About Sunpor Group Limited:
In this Sunporgroup.com review, we will be revealing all the red flags raised against the Sunpor Group Limited scam in this Sunpor Group Limited review. Stay tuned to know more.
SUNPOR GROUP LIMITED DOES NOT HAVE A LICENSE
A regulatory license is one of the most important parameters to check for while looking at the legitimacy of a brokerage firm. The license issued by any recognized regulatory authority ensures the safety of the traders’ money with their firm. Therefore, it is never safe to trade with any unregulated brokerage firm. In our case, Sunpor Group Limited does not claim anything about a license on their website. However, upon a little investigation and cross-checking with the regulations, we found out that Sunpor Group Limited is actually UNREGULATED. We warn our readers to never trade with unregulated brokerage firms such as Sunpor Group Limited. This is the first red flag against the Sunpor Group Limited scam in this Sunpor Group Limited review.
HIGH LEVERAGE OFFERED
Sunpor Group Limited offers huge leverage to the customers. This is an alarming red flag as no regulatory authority allows the brokerage firms to offer leverage more than 1:30. In such a situation, Sunpor Group Limited offers leverage of 1:300. This is almost as much as 10 times greater than the leverage offered by regulated brokerage firms. This points us to the reality of the Sunporgroup.com scam in this Sunpor Group Limited review.
MINIMUM INITIAL DEPOSIT NOT DISCLOSED
Minimum initial deposit is one of the most important pieces of information that also forms the deciding part of the customers. Regulated brokerage firms demand a minimum initial deposit that usually lies below $10. However Sunpor Group Limited does not even disclose the minimum initial deposit they demand. This raises a huge red flag against Sunpor Group Limited in this review.
Conclusion: Is Sunpor Group Limited a scam?
To sum up, all that has been said above, we leave it upon you to decide whether Sunpor Group Limited is a scam or not. However, we must warn you to not trade with Sunpor Group Limited as it is a potential scam and is unregulated. Read PrimeFin Review.
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