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.
I experienced a security concern with my Sugon Ventures account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Responsive team|Fast support response
Cons: Alert system is basic
Sugon Ventures advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Two-factor authentication|Automated trading options|Great customer service|Multiple order types
Cons: Wait times can be long during peak hours|Some tools only available on higher tiers