The rise of brokers in the world has made many companies establish a more qualified broker. However, did you also know that in this digital age there are also many brokers who commit abuses such as fraud? One of them is Sunton Capital. In fact, this scamming news beats the news of Mark Al who is also another trading robot that is also in trouble. For those of you who don't know what Sunton Capital is, it's a good idea to know what Sunton Capital itself is before trading.

Sunton Capital is commonly referred to as Suntonfx which is a trading robot or foreign forex broker owned by the United Kingdom.  This broker is a broker that has predictions that can make greater profits than other brokers. This is because Suntonfx is able to make the highest profit return, which is at 3% to 5% every day. Then, how does Sunton Capital itself work? The way it works is certainly not much different from other brokers.

With a deposit requirement of $50, the investment manager will immediately direct you to a sale or purchase transaction according to a predetermined time. Due to its accurate directions and predictions, this broker has become a very popular foreign broker among investors. However, there are things you need to know about Sunton Capital. This trading robot has stopped trading in the past week.
 
There is a reason why this broker stopped operating because, this Suntonfx broker has received bad reviews from its investors. Some investors say that Suntonfx does not have an FCA license or Financial Conduct Authority like other authorized brokers in the UK. Although it was rumored that Suntonfx has a license called the Australian Securities & Investments Commission (ASIC) which is the authority responsible for the regulation of the Australian financial market.

There are many suspicions from traders such as, Suntonfx which has its own exchange rate rules where $1 deposit is equal to Rp 15,736 which was later changed to Rp 14,200. In addition, for every player who makes a deposit on a certain date, they will get an additional bonus of 10% of their deposited capital. This makes traders feel suspicious of Suntonfx itself by increasing the incoming funds to more by not being able to withdraw. In addition, many traders have reported that Suntonfx does not pay withdrawals on the grounds that Suntonfx is undergoing improvements. In fact, there are indications that this company has escaped with tens of billions of money.

On October 14, 2021 at 21.27 WIB, Suntonfx conducted a mass margin call. With this, the candle will be manipulated so that it causes a loss or total loss even though it has used a Stop Loss scheme with the intention of holding it. It is also reported that Sunton Capital continues its actions to scam or fraud on the ELIFX site related to the Sand Wind FX site. 

Previously, a similar incident had also occurred to another broker, namely, HTFox. So traders conclude that this is the same incident as the previous broker scamming. With these reviews and news, what makes Suntonfx a scam or scam broker. It is also expected for traders to remain cautious of any scams including lucrative offers.

If something suspicious happens, it should be expedited to stop trading activities. Thus the explanation from GIC Indonesia regarding Sunton Capital's information that scams its customers. In order not to be easily deceived, you can read the article "3 Best Forex Robots for Android in Indonesia" and other news in the GIC Journal. You can also improve your trading skills and knowledge by joining forex academy and forex scalping ebooks.