Brokers  /  SSY

SSY

Low risk
🇺🇸 United States · 5-10 years · since 2019-05-10 · Simpson Spence Young
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Independent ratingshow third parties score this broker
WikiFX5.94/10
Trustpilot/5
Forex Peace Army/5
16
Low risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): FCA
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSimpson Spence Young
Headquarters🇺🇸 United States
Founded2019-05-10
Years operating5-10 years
Employees0
Official websitessyonline.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FCAInst Deriv Trading License (STP)181602United KingdomRegulated

Review analysis AI

There aren’t enough independent reviews for SSY yet to draw firm conclusions. The lack of public feedback is itself a caution sign for a smaller or newer broker.

0
Period:

Real user reviews

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About SSY

SSY is a forex and CFD broker based in United States, with records dating to 2019-05-10. It reports oversight from FCA.

FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.

Overview compiled by FXCanary from regulatory records and public data. full SSY review