Sugon Ventures has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Sugon Ventures. This company is a suspected boiler room, a form of online investment fraud. Sugon Ventures has approached persons without being asked, to offer them investment proposals. A boil... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://www.sugonventures.com.
Do not believe the bonus offer from Sugon Ventures. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after reading several online reviews and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Dividend tracking|Professional team|Segregated accounts|Quick verification
Cons: Account statements could be more detailed|Withdrawal takes 1-2 business days
The reporting at Sugon Ventures is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Regular updates|Segregated accounts
Cons: Limited social trading features|Research section could be deeper
Where do I even begin with Sugon Ventures? for roughly four months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Multi-device support|Good analytical tools|Risk management tools
Cons: Cannot customize dashboard fully
Customer support at Sugon Ventures seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Responsive team|Demo account available|Segregated accounts|Clean UI
Cons: Currency conversion fee exists|No crypto staking
I want to warn everyone about Sugon Ventures. They have been flagged by The Dutch Authority for the Financial Markets as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
My withdrawal request from Sugon Ventures has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Tax reports included|Portfolio tracking tools|Demo account available
Cons: Research section could be deeper
I am in a dispute with Sugon Ventures over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Fast support response|Multi-currency support|Clean UI|Customizable dashboard
Cons: Website design could be more modern|Help articles are sometimes vague
I have been trying to close my account with Sugon Ventures for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Tax reports included|Social trading features|Segregated accounts|Educational resources
Cons: Wish they had more educational resources|Cannot customize dashboard fully
I was about to invest with Sugon Ventures but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. The Dutch Authority for the Financial Markets has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Not registered with regulators|Unrealistic promises
I signed up with Sugon Ventures from a blog post comparing services and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Clear documentation|Fast support response|Economic calendar
Cons: Wait times can be long during peak hours|Desktop app not available on Linux