SUSHI

General Information & Regulation

SUSHI Global investing Limited was established in 2004, a broker seems to target the Asia market. Notably, it lacks regulatory oversight from authorized agencies, such as the National Futures Association in the United States, where it's classified as “Unauthorized” (License number 0541513). This absence of regulation raises doubts regarding the legitimacy and safety of its services, a sentiment reflected in numerous complaints received by WikiFX in the past 3 months.

SUSHI offers a variety of trading instruments, including currency pairs, commodities, precious metals, stock market indices, individual stocks, and cryptocurrencies. It provides multiple account tiers, each with distinct features and benefits, ranging from the free tier to the API account designed for developers. Leverage is available at a high ratio of 500:1, which can amplify both profits and losses. The company generates revenue through spreads and does not impose trading commissions. The minimum deposit requirement is $100, and deposit and withdrawal methods are limited to Visa, MasterCard, Wire Transfer, Skrill, and Neteller, with processing times ranging from 24 hours to 3 business days.

SUSHI employs the MetaTrader 5 (MT5) trading platform, offering access to various financial instruments and advanced trading features. However, reviews on WikiFX raise serious concerns, including difficulties in fund withdrawals, alleged fraudulent tax demands, account lockouts, embezzlement accusations, and inadequate customer support. These reviews question the transparency and legitimacy of SUSHI as a trading platform and highlight potential risks associated with its services.

Pros and Cons

SUSHI presents a set of advantages and disadvantages. On the positive side, it offers diverse trading options and provides multiple account levels. The accessible minimum deposit and utilization of the MetaTrader 5 platform further enhance its appeal. Additionally, English-language customer support is available. However, the lack of regulatory oversight raises concerns. The main website's unavailability is an issue, and revenue generation through spreads may affect trading costs. Moreover, SUSHI offers limited deposit and withdrawal methods, and negative user reviews point to potential issues with the platform.

Is SUSHI Legit？

SUSHI GLOBAL INVESTING LIMITED appears to be a financial institution that claims to offer common financial services, but it is currently not regulated by any authorized regulatory agency, particularly in the United States, where the National Futures Association (NFA) has categorized its regulatory status as “Unauthorized” with license number 0541513. This lack of regulation raises concerns about the legitimacy and safety of the services provided by SUSHI GLOBAL INVESTING LIMITED, as indicated by a significant number of complaints received by WikiFX in the past 3 months. Therefore, individuals should exercise caution and be aware of the potential risks associated with this institution.

Markets Instruments

Trading with SUSHI Provides you with access to trading products, including Currency pairs, Commodities, Precious Metals, Indices, Stocks, Cryptocurrency.

Currency pairs: SUSHI offers a range of currency pairs for trading, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs like AUD/CAD and USD/TRY.

• Commodities: SUSHI provides access to various commodities such as crude oil, natural gas, and gold, allowing traders to speculate on the price movements of these physical assets.

• Precious Metals: Traders can also trade precious metals like gold and silver with SUSHI, giving them exposure to these assets in the financial markets.

• Indices: SUSHI offers trading in various stock market indices, such as the S&P 500, FTSE 100, and Nikkei 225, allowing investors to track the performance of entire stock markets.

• Stocks: SUSHI enables trading in individual stocks from various global exchanges, including companies like Apple Inc., Amazon.com Inc., and Microsoft Corporation, offering a diverse selection of equities for investors.

• Cryptocurrency: SUSHI facilitates cryptocurrency trading, with a selection of popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), providing opportunities to invest in the digital asset space.

Minimum Deposit

SUSHI requires a minimum deposit of $100,which sounds reasonable for most regular traders.

Account Types

FREE TIER: This account level provides access to fundamental SUSHI features, including real-time market data, historical data, and charting tools. Users can view real-time market data for major currency pairs, download historical data for various asset classes, and use SUSHI's charting tools for creating and backtesting trading strategies.

BASIC ACCOUNT: The Basic Account builds upon the Free Tier, offering additional benefits such as access to more data feeds, including futures and options data. Users also gain access to enhanced charting tools and analysis features. Priority support is available to assist with technical issues. This account level allows users to view real-time futures data for major commodities, backtest trading strategies with options data, and seek assistance from SUSHI support.

PRO ACCOUNT: The Pro Account includes all Basic Account features and provides access to custom data feeds and research reports. Users benefit from an account manager who can assist with trading strategies and receive increased trading capacity. Examples include receiving custom data feeds on specific market sectors, accessing research reports, and working closely with an account manager to implement trading strategies.

API ACCOUNT: Designed for developers, the API Account grants access to SUSHI's APIs, enabling integration into custom applications. Developers can build trading platforms, backtesting algorithms, or custom dashboards using SUSHI data. Examples include creating trading platforms with real-time market quotes, developing backtesting algorithms using SUSHI data, and crafting custom dashboards tailored to specific users' requirements.

Leverage

Trading leverage offered by SUSHI is 500:1, which is considered high. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

SUSHI does not charge any commissions on trading and instead makes its profit via spreads. The typical spreads in the Standard accounts start from 2.0 pips, from 1.2 pips in the Premium account and from 1.2 pips for the HiVIP accoun

Trading Platforms

MT5: SUSHI offers the MetaTrader 5 (MT5) trading platform, a widely used software for online trading. MT5 provides access to a range of financial instruments, including forex, commodities, stocks, and cryptocurrencies. It offers features such as advanced charting tools, technical analysis indicators, and automated trading capabilities through Expert Advisors (EAs). Traders can execute trades, monitor their portfolios, and access historical data within the MT5 platform, making it a versatile choice for various trading strategies.

Deposit& Withdrawal

SUSHI offers limited deposit and withdrawal methods: Visa, MasterCard, Wire Transfer, Skrill, and Neteller. Deposits and withdrawals are processed within 1-3 business days (wire transfer) or 24 hours (e-wallet).

Customer Support

The SUSHI Global investing Limited customer support can be reached through telephone number: +852 31252693, and email: support@sushilimited.com.

Reviews

Reviews of SUSHI on WikiFX indicate several concerning issues. Traders have reported being unable to withdraw funds due to demands for high taxes, which they suspect to be fraudulent. Some users have claimed that their accounts were locked after attempting to pay these taxes, and there are allegations of embezzlement by SUSHI employees. Additionally, there are reports of poor customer support and unresponsiveness from the company. These reviews suggest a lack of transparency and raise serious questions about the legitimacy of SUSHI as a trading platform, with users expressing frustration and concerns about potential scams.

Conclusion

In conclusion, SUSHI GLOBAL INVESTING LIMITED offers a range of market instruments, account types, leverage options, and trading platforms. However, its lack of regulation, as indicated by the NFA's “Unauthorized” status, raises concerns about the safety and legitimacy of its services. Customer reviews also highlight issues such as withdrawal difficulties, allegations of fraudulent tax demands, locked accounts, and poor customer support. Traders should exercise caution and consider these factors when evaluating the suitability of SUSHI as a trading platform.

FAQs

Q: Is SUSHI Global Investing Limited a legitimate financial institution？

A: SUSHI Global Investing Limited is not regulated by authorized agencies, raising concerns about its legitimacy. Complaints have been reported, so caution is advised.

Q: What market instruments can I trade with SUSHI？

A: SUSHI offers currency pairs, commodities, precious metals, indices, stocks, and cryptocurrencies for trading.

Q: What are the different account types offered by SUSHI？

A: SUSHI provides Free Tier, Basic Account, Pro Account, and API Account, each with varying features and benefits.

Q: What is the leverage ratio offered by SUSHI？

A: SUSHI offers a high leverage ratio of 500:1, which can magnify both profits and losses.

Q: How are spreads and commissions structured at SUSHI？

A: SUSHI does not charge trading commissions but generates revenue through spreads, which vary based on the account type.

Q: What is the minimum deposit requirement at SUSHI？

A: SUSHI requires a minimum deposit of $100, a standard amount accessible to most traders.

Q: What are the available deposit and withdrawal methods at SUSHI？

A: SUSHI offers Visa, MasterCard, Wire Transfer, Skrill, and Neteller for deposits and withdrawals, with varying processing times.