Score
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 19
Exposure
Score
Regulatory Index0.00
Business Index6.43
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
SAEN
Company Abbreviation
SAEN
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Refuse to withdraw. Withdrawal is rejected with account abnormality and a reason
I can't withdraw money, so I posted it here. And it seems that there was a response to the question from here, but there is no answer to the question for me after that.
Saen just stole 20,000 usd worth of cash from my account. they say they will check but all I get is just bullshit response, and is not trying to help the situation. This is fraud site. Please get my money back. They already admit wire transfer did not got through although they say withdrawal was successful. They have yet to release the funds
They'll defraud you of your money. When you wish to withdraw your money, they will work with you and everything will appear to be going smoothly. They'll steal all of your money and break off communication. Have no faith. Additionally, interfering the AssetsClaimBack administration made investment untouched they communicate poorly which is highly unprofessional . Never believe anyone, even if they promise to make you maximum profit..
I was able to make a test for withdrawal once, but there was no response after that.
Yes, it's a scam. I have money invested they won't return. Transactions go through dodgey accounts, phone numbers businesses registration all dodgey. DON'T GIVE THEM A CENT.
Instead of allowing me to take my funds, they want that I pay taxes that are higher than the profit. I told SEAN to keep the profit as long as they give me my money which they rejected. A complete ruse. They claim they have stopped working with customers in my region and are using that as an excuse to keep my money. Do not interact with the SEAN gang of con artists.
The bottom line is that this broker has no proper regulation and only wants to steal from investors like myself but I followed the money and had cases lodged with various fraud regulatory bodies inclusive of fintrack/ org for which reason the investment was released The first 2 requests I made directly to SAEN were refused on the basis of wrong information so I paid a margin fee to modify it but still couldn't get access to withdraw which was why is ought solution elsewhere.
I can withdraw money by logging in, but I cannot receive the money sent from the company.
When I demand for withdrawal, it is said that I cannot withdraw unless I pay the deposit because the account is abnormal. They said I could withdraw at any time, but I can't withdraw.
I've in contact with this broker named Ms Lin and I have deposited 50k so I can do forex exchange. By the time I wanted to withdraw the money she won't let me do it and want me to pay additional tax on 272k. I refused to pay anything and my account has been frozen and now completely gone. Think you can help me with this case? I will provide all the information and the names that I have been in contact with.
The customer service agent “Amy” requested analyst fees for Analyst Ryoko Mizutani aka Michael Bode be paid prior to funds being sent. After these fees are paid the customer service agent then ask for the taxes on the money in the account to be paid as a requirement to release the funs. after negotiating a price with customer service agent I sent over the money to pay taxes in order to receive the funds in my trading account. The customer service agent confirmed my transaction and stated that the total funds in the account would be sent to my provided crypto wallet address by 4pm Friday June 10th, UK time. after saying this the funds were never sent and communication with the customer service agent was blocked due to her removing her number from whatsapp where the communication was taking place.
When applying for withdrawal, withdrawal is refused with an abnormality in the account and the reason
When I apply for withdrawal, the money is deducted from my MT4 account, but not transferred to my bank account. As a financial institution, I doubt its safety by making various excuses. It is better not to trade here.
Just wondering how a broker can go from 6.29 to 1.14 then back to 6.29. also to have 8 exposures to none in the same timeframe. I have a lot of money invested with this broker and would like some reassurance that my money is safe and this was a glitch this broker also transferred fund because the previous broker was sold of to SAEN. previous broker account was East Century, Dento Financial, Glluck and now SAEN.. regards Brad
I want to present chat records with a customer service agent from SAEN Markets. I was told on Saturday May 21st that a wire for the total amount in my account would be sent to my bank account. A few days later I was told that the wire was intercepted and that an investigation of my financial situation has to take place first and I was accussed of Illegal activity. The evidence I submit below is to show the lack of clear explanations and evidence behind these false allegations that the customer service agent claims is delaying the release of my funds. I have been given no time frame and how long this supposed investigation will take place and when I will get my money. Additionally, the customer service agent has began to completely ignore me and there is no one else I can find to contact about my situation.
| SAEN Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | CFDs/Forex/Futures/Indexes/Precious metals/Energy |
| Demo Account | / |
| Leverage | / |
| Spread | From 0.1 pips |
| Trading Platform | MT4(Windows/Mobile(IOS/Android)) |
| Min Deposit | / |
| Customer Support | Email: info@saenfx.com |
SAEN is a brokerage company that provides 70+ products including equity CFDs, foreign exchange currency pairs, futures, indexes, precious metals, and energy. The minimum spread is from 0.1 pips. SAEN is still risky due to its unregulated status, and bad reviews about difficulty withdrawing money.
| Pros | Cons |
| Various tradable instruments | Unregulated |
| 24/5 customer support | Unspecific transfer time and fee information |
| MT4 available | Inaccessible official website |
| Spread from 0.1 pips | Negative comments about difficulty in withdrawal |
SAEN is not regulated, making it less safe than regulated brokers.
SAEN offers various market instruments, including equity CFDs, foreign exchange currency pairs, futures, indexes, precious metals, and energy.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Futures | ✔ |
| Indexes | ✔ |
| Energy | ✔ |
| Precious Metals | ✔ |
| Commodities | ❌ |
| Cryptocurrencies | ❌ |
| Stocks | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
The spread is from 0.1 pips. The lower the spread, the faster the liquidity.
SAEN cooperates with the authoritative MT4 trading platform, which is available on Windows and mobile (iOS and Android). Junior traders prefer MT4 over MT5, which provides various trading strategies and implements EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows/Mobile(IOS/Android) | Junior traders |
SAEN accepts PayPal, Unionpay, Visa, etc. for deposit and withdrawal. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.
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2022-12-12 11:26
