SFC — Hong Kong
SunShine Group
Licence
SSIM Review — Overview
Regulation
Tier-1 regulated
Licence
SFC • ASIC
Licence status
Active
Platforms
MT4
Instruments
Forex, Commodities, Energy, Indices
Typical spread
From 0 pips (ECN account)
Operating
Est. 2022
Entity
SunShine Group
Website
Unknown
SSIM is a forex & CFD broker based in Australia, established in 2022. On Trust Broker Hub it holds a Trust Score of 6.6 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, SSIM is regulated by SFC and ASIC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
SSIM provides access to Forex, Commodities, Energy, Indices. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, SSIM has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
SSIM currently scores 6.6/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
ASIC — Australia
SunShine Group
Licence
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, Commodities, Energy, Indices, Stocks, Cryptocurrencies |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | From 0 pips (ECN account) |
| Platforms | MT4 |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on SSIM
Our analysis · editorial
6.6/10
Tier-1 regulated, solid profile
SSIM holds a tier-1 regulatory licence among its 2 registrations (SFC, ASIC). Based in Australia, it has been operating for about 4 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 6.6/10 — a reasonable profile.
Strengths
- Authorised by a tier-1 regulator (SFC, ASIC)
- Holds 2 regulatory licences across multiple jurisdictions
- No complaints on record with us
- Supports MT4 trading
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: A reasonable option, but confirm the entity you open an account with is the regulated one.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
SSIM — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag SSIM here if that changes.
Full specifications
Regulated region
Australia
Operating period
2-5 years
Instruments
Forex, Commodities, Energy, Indices, Stocks, Cryptocurrencies
Year founded
2022
Frequently asked
Is SSIM a safe broker?
SSIM scores 6.6 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the SSIM trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from SSIM?
SSIM doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.