Zusammenfassung: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.
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!