SSY

Elio Matacena

1-2 years

Is SSY a safe and legit broker to trade with?

WikiFX Reply

In my experience, SSY is not a safe and legit broker due to its unverified NFA license. While the broker offers a variety of services like dry cargo, LNG, and tankers, the lack of proper regulation means that there's no guarantee for investor protection. Trading with unverified brokers exposes you to significant risks. When I consider my safety as a trader, I always prefer brokers that are fully verified and regulated. SSY’s lack of transparency and regulation makes me cautious about using their services.

Broker Issues

SSY

Regulation

08-22

United States

Дмитрий

1-2 years

What trading instruments are available on SSY?

WikiFX Reply

SSY offers a range of specialized instruments, including dry cargo, LNG, LPG, tankers, chemicals, and ship recycling. These instruments cater to traders who are focused on shipping and energy markets. However, for a broader trader looking for forex or stock instruments, SSY may not be the right fit. Personally, I think SSY investment options are appealing for those interested in niche sectors but may not be ideal for someone looking for traditional financial instruments. It’s crucial to consider your trading interests before making an SSY login.

Broker Issues

SSY

Leverage

Account

Platform

Instruments

07-23

United States

Chris hagerman

1-2 years

Can I use MT4 or MT5 with SSY?

WikiFX Reply

No, SSY does not support the widely-used platforms MT4 or MT5. SSY appears to offer specialized platforms or custom tools suited for their niche markets, which could be limiting for traders who are accustomed to MetaTrader platforms. Personally, I prefer trading on platforms like MT4 or MT5 due to their flexibility, customization, and wide use. If you're someone like me who values those features, SSY’s lack of support for MT4 or MT5 could be a dealbreaker. It’s important to consider your platform preferences before proceeding with SSY brokers.

Broker Issues

SSY

Leverage

Platform

Instruments

Account

07-21

United States

Aman A

1-2 years

Does SSY provide investor protection?

WikiFX Reply

No, SSY does not provide investor protection. Since SSY holds an unverified NFA license, there is no assurance that your funds are safe or that the broker adheres to industry standards for financial security. In my opinion, this makes SSY a high-risk broker to trade with. If you're looking for reliable investor protection, I recommend working with brokers who are fully regulated and have clear safeguards in place for their clients. SSY investment opportunities may sound appealing, but the risks involved make it less attractive to me.

Broker Issues

SSY

Regulation

07-01

United States