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Company Name
Succedo Markets Limited
Company Abbreviation
Succedo Markets
Platform registered country and region
Saint Lucia
Company website
Company summary
Pyramid scheme complaint
Expose
| Succedo Markets Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Saint Lucia |
| Regulation | No regulation |
| Market Instruments | Currencies, equity indices, energies, precious metals, and CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.5 pips (Standard account) |
| Trading Platform | MT5 |
| Min Deposit | / |
| Customer Support | Contact form |
| Tel: +971 56 458 6589 | |
| Email: info@succedomarkets.com | |
| Social Media: Instagram, Facebook, X, Youtube | |
| Registered Address: Ground Floor, The Southeby Building, Rodney Village Rodney Bay, Grooss- Islet, LC10-301, SAINT LUCIA | |
| Operation Address: 104-0170, D L D BUSINESS CENTER, MONTANA BUILDING, AL KARMA, DUBAI, UAE | |
| Restricted Regions | United States, Cuba, Iraq, Myanmar, North Korea, Sudan |
Succedo Markets is an unregulated brokerage company registered in Dec, 2023 in Saint Lucia while operates in UAE. The broker provides access to a diverse array of financial instruments such as currencies, equity indices, energies, precious metals, and CFDs. There are demo accounts and 3 tiered live accounts for clients to choose from. It offers leverage up to 1:500 and spread from 1.5 pips on the Standard account through the leading MT5 platform.
Pros and Cons
| Pros | Cons |
| Diverse trading products | New in the market |
| Demo accounts | No regulation |
| Tiered accounts | Unclear minimum deposit |
| Flexible leverage ratios | No info on payment methods |
| Commission-free accounts offered | Do not service clients from several regions |
| MT5 support | |
| Multiple contact channels |
Is Succedo Markets Legit?
No, Succedo Markets isn't regulated by any financial institution. Be cautious of investment risks.
What Can I Trade on Succedo Markets?
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Equity indices | ✔ |
| Energies | ✔ |
| Precious metals | ✔ |
| CFDs | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Except for demo accounts for testing and practicing, Succedo Markets also offers 3 tiered live accounts.
| Account Type | Suitable for |
| Standard | All levels |
| Premium | Beginner, middle |
| ECN | Expert |
However, the broker does not disclose minimum investment requirement for each account, which is not common cases. You should seek for clear clarification with the broker before commiting actual trading with them to ensure you have adequte initial capital they require.
Leverage
| Account Type | Max Leverage |
| Standard | 1:500 |
| Premium | 1:500 |
| ECN | 1:200 |
Succedo Markets Fees
| Account Type | Spread | Commission |
| Standard | From 1.5 pips | ❌ |
| Premium | From 1.8 pips | ❌ |
| ECN | From 0.2 pips | $7 per lot |
Trading Platform
Succedo Markets offers the powerful and versatile MT5 trading platforms, which is renowned for its user-friendly intuitive interface, robut performance, advanced analysis tools and flexible customization. You can reach the platform on web, mobile devices with iOS and Android systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, iOS, Android | Experienced traders |
| MT4 | ❌ | / | Beginners |
