Score
Saint Vincent and the Grenadines
|
2-5 years
| https://saracen.market/
Website
Rating Index
MT4/5
Full License
SaracenMarkets-Demo
Influence
C
Influence index NO.1
Malaysia 3.28
MT4/5 Identification
Full License
LuxembourgInfluence
C
Influence index NO.1
Malaysia 3.28
LicensesLicensed Entity：SARACEN MARKETS (PTY) LTD
License No. 44806
Saint Vincent and the Grenadines
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
WikiResearch
saracenmarketslimited.com saracen.market saracen.markets saracenmarkets.com
VIP is not activated.
| SaracenMarkets Review Summary | |
| Registered On | 2021-06-10 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | FSCA (Exceeded) |
| Market Instruments | Forex, Commodities, Equity, Cryptocurrencies, and Indices |
| Demo Account | ✅ |
| Leverage | Up to 1:2000 |
| Spread | From 0.0 pips |
| Trading Platform | MT4, MT5 |
| Min Deposit | $10 |
| Customer Support | +85281975503 ((HK Ofhce) |
| support@saracenmarkets.com | |
| Twitter, Facebook, Instagram | |
| 29 First Avenue East, Parktown North, Johannesburg, Gauteng, 2193 South Africa.Suite 305, Griffith Corporate Centre P.O. Box 1510 Beachmont, Kingstown, VC0120 St.Vincent & Grenadines (SARACEN INC) | |
SaracenMarkets is a global online trading services platform operated by SARACEN MARKETS (PTY) LTD. With MetaTrader 4 and MetaTrader 5 as its core trading platforms, it covers diverse financial instruments such as foreign exchange and contracts for difference (CFDs). Bonuses are also available for users to claim.
| Pros | Cons |
| Spread as low as 0.0 pips | FSCA (Exceeded) |
| Leverage up to 1:2000 | $5 commission per lot (VIP) |
| Multiple trading instruments | High leverage risk |
| MT4/MT5 available | |
| No deposit bonus ($10) |
SaracenMarkets is unregulated and does not undergo strict financial supervision. It is recommended to prioritize trading with brokers regulated by top-tier regulatory authorities.
SaracenMarkets offers a diverse range of trading instruments, including forex, commodities, indices, equity, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Equity | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
SaracenMarkets offers two main account types: the Pro account using the STP model and the VIP account using the ECN model.
| Account | Pro | VIP |
| Best for | All Traders | Fastest Speed |
| Minimum Deposit | $10 | $10 |
| Swap-free Islamic Account | Yes | Yes |
| Floating Spread | From 1.6 pips~ | From 0.0 pips~ |
| Maximum Leverage | 1:2000 | 1:500 |
| Account Currency | USD | USD |
| Execution Type | Market Execution | Market Execution |
| Minimum Order Volume | 0.01 | 0.01 |
| Minimum Step Volume | 0.01 | 0.01 |
| Minimum Margin | 1 | 0.25 |
| Maximum Order Volume | 200 | 200 |
| Margin Call | 50% | 50% |
| Commission | $0 | $5/Lot |
| Maximum Position | 200 | 200 |
| Stop Out Level | 20% | 30% |
| Expert Advisor | √ | √ |
| Trading Platform | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5 |
For SaracenMarkets' Pro account, the spread is floating, starting from 1.6 pips, with no commission; the VIP account has a spread as low as 0.0 pips but charges a commission of $5 per lot.
The platform offers leverage of up to 1:2000 (Pro account). High leverage is suitable for experienced traders with strong risk tolerance.
SaracenMarkets relies on two industry-leading trading platforms, MetaTrader 4 and MetaTrader 5, supporting downloads for web desktops and macOS.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 | ✔ | Windows, macOS, WebTrader | Beginners |
| MetaTrader 5 | ✔ | Windows, macOS, WebTrader | Experienced Traders |
Deposit supports small deposits in multiple currencies, starting from a minimum of $10, with lower amounts available in some countries (e.g., $5 in South Africa); payment methods include credit cards (Visa), e-wallets (PaymentAsia, Valao), etc. Deposits are commission-free and processed quickly, completing within hours.Deposit
| Deposit Method | Currency | Fees/Commission | Processing Time |
| BetterEFT | ZAR | ZERO Fee | Instant |
| AraniPay | INR | ZERO Fee | Instant |
| WalaoPay | MYR, IDR, VND, THB | ZERO Fee | Instant |
| PaymentAsia | MYR, VND, PHP | ZERO Fee | Instant |
| SurePay | MYR, VND, THB, SGD | ZERO Fee | Instant |
| B2BinPAY | Coins, Stable Coins | 2% Fee | Depends on Blockchain |
| Local Depositor | BND | ZERO Fee | Depends on LD |
Withdrawal
| Deposit Method | Currency | Fees/Commission | Processing Time |
| BetterEFT | ZAR | ZERO Fee | Instant |
| AraniPay | INR | ZERO Fee | Instant |
| WalaoPay | MYR, IDR, VND, THB | ZERO Fee | Up to 24 hours |
| PaymentAsia | MYR, VND, PHP | ZERO Fee | Up to 24 hours |
| SurePay | MYR, SGD | ZERO Fee | Up to 24 hours |
| B2BinPAY | Coins, Stable Coins | ZERO Fee | Up to 24 hours |
| Local Depositor | BND | ZERO Fee | Up to 24 hours |
The copy trading service of the platform is a major highlight, providing a convenient profit-making channel for users lacking trading experience. In addition, strategy providers can earn a commission of up to 30% from the trading profits of followers, achieving a win-win situation.
No Deposit Bonus: New users can receive $10 in real funds without making a deposit.
Deposit Bonus: Get a 30% reward on each deposit. For example, if you deposit $100, your account will receive an additional $30.
Cashback: Earn up to $2 per lot in rebates!
A good broker follows the rules, protects your money, and treats you fairly. But what happens when a broker doesn’t play by the rules? That’s the concern now surrounding a trading platform called SaracenMarkets.
SaracenMarkets 2025 review: Low WikiFX ratings, unclear FSCA regulation raise scam concerns. Lack of transparency, negative feedback suggest caution for traders.
In this particular article, we will analyze whether SaracenMarkets is worth investing in or not. We will tell you all the important details about the broker, such as market instruments, trading platform, account types, deposit and withdrawal options, and customer support.
In this article, we will conduct a comprehensive examination of SaracenMarkets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
USD/JPY remains downtrend but is about to form a bullish harami candle pattern, suggesting an upward correction on the cards. USD/JPY Price Analysis: Once it clears 129.50, it could rally towards 131. After a round of US economic data, suggesting the US Federal Reserve (Fed) could begin to hike rates in 25 bps sizes. Therefore, the Japanese Yen (JPY) strengthened, so the USD/JPY is down 0.24%. At the time of writing, the USD/JPY is trading at 129.92.
As it is so popular, EURUSD is a well-studied symbol. EUR/USD wobbles below 1.0600 on USD strength as traders eye Fed minutes.
SaracenMarkets offers a wide range of trading instruments, including forex, commodities, stocks, cryptocurrencies, and indices. The wide range of trading instruments provides traders with more choices.
Yes. SaracenMarkets does not charge commission when trading on Pro accounts, but does charge $5/Lot as commission when trading on VIP accounts.
SaracenMarkets offers two types of live trading accounts: Pro and VIP.
SaracenMarkets has a minimum deposit of $10. which is lower than the industry level. Friendly to small budget traders.
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FX1886668769
Malaysia
My order has been closed before my SL is reached. There are still almost 30 pips left before my SL.
Exposure
Fabrice Benoit
Vietnam
SaracenMarkets is a great choice for those looking to start trading with a small budget. Their low minimum deposit and competitive commission rates make it easy to get started and grow your portfolio.
Positive
Andyo
Hong Kong
SaracenMarkets has been awesome for me. They offer a ton of trading options and the spreads are super low. The high leverage is great for boosting profits, but you've got to be careful with it. I especially love how easy the app makes it to trade from anywhere.
Positive
creater
United States
My journey with SaracenMarkets has been largely positive, characterized by fast deposits, withdrawals, and smooth trading via the MT4 platform. There's room for better bonuses, but the user-friendly app, solid customer support, and an array of trading tools balance it out. Low spreads and sped-up execution stand out, though deposit and withdrawal times could be quicker. All in all, SaracenMarkets is a reliable broker.
Neutral
进发酒店食材-何代法
Hong Kong
My friend recommended this broker to me, and it seems quite friendly to novices. That’s my type, and I love trading with low-deposit brokers. They make me feel free.
Positive