Abstract: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.
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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According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1