SaracenMarkets Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-03 12:03

Abstract：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 Information

　　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 and Cons

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)

Is SaracenMarkets Legit?

　　SaracenMarkets is unregulated and does not undergo strict financial supervision. It is recommended to prioritize trading with brokers regulated by top-tier regulatory authorities.

What Can I Trade on SaracenMarkets?

　　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	❌

Account Type

　　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

SaracenMarkets Fees

　　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.

Leverage

　　The platform offers leverage of up to 1:2000 (Pro account). High leverage is suitable for experienced traders with strong risk tolerance.

Trading Platform

　　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 and Withdrawal

　　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

Copy Trading

　　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.