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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

Succedo Markets

Saint Lucia Saint Lucia | 2-5 years |
ECN Account Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://succedomarkets.com/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

India India 2.30
Surpassed 13.40% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://succedomarkets.com/
Ground Floor, The Southeby Building, Rodney Village Rodney Bay, Grooss- Islet, LC10-301, SAINT LUCIA
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Saint Lucia
Operating Period
2-5 years
Company Name
Succedo Markets Limited
Email
info@succedomarkets.com
Address
Ground Floor, The Southeby Building, Rodney Village Rodney Bay, Grooss- Islet, LC10-301, SAINT LUCIA
Account Info
Business Region
Verified Site
About Us
News
Wiki Q&A
Comment

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Official Website

Verified Site

  • succedomarkets.com
    68.178.158.181
    Server Location
    India India
    ICP Registration No.
    --
    Top Visitor Locations
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    Creation Date
    --
    Website Name
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    Company
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Company Profile

Company Profile

Review summary

Succedo Markets Review Summary
Founded2023
Registered Country/RegionSaint Lucia
RegulationNo regulation
Market InstrumentsCurrencies, equity indices, energies, precious metals, and CFDs
Demo Account
LeverageUp to 1:500
SpreadFrom 1.5 pips (Standard account)
Trading PlatformMT5
Min Deposit/
Customer SupportContact 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 RegionsUnited 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.

Succedo Markets' homepage

Pros and Cons

ProsCons
Diverse trading productsNew in the market
Demo accountsNo regulation
Tiered accountsUnclear minimum deposit
Flexible leverage ratiosNo info on payment methods
Commission-free accounts offeredDo 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.

Domain information

What Can I Trade on Succedo Markets?

Tradable InstrumentsSupported
Currencies
Equity indices
Energies
Precious metals
CFDs
Stocks
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on Succedo Markets?

Account Type

Except for demo accounts for testing and practicing, Succedo Markets also offers 3 tiered live accounts.

Account TypeSuitable for
StandardAll levels
PremiumBeginner, middle
ECNExpert

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.

Account comparison

Leverage

Account TypeMax Leverage
Standard1:500
Premium1:500
ECN1:200

Succedo Markets Fees

Account TypeSpreadCommission
StandardFrom 1.5 pips
PremiumFrom 1.8 pips
ECNFrom 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 PlatformSupported Available Devices Suitable for
MT5Web, iOS, AndroidExperienced traders
MT4/Beginners
MT5

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

Succedo Markets Broker Review

Exposure Succedo Markets Broker Review

Succedo Markets is a relatively new player in the forex and CFD brokerage arena, with approximately 1–2 years of trading experience. Registered in Saint Lucia and operating in the UAE, this broker has quickly made headlines for its unconventional approach and risk profile.

Wiki Q&A

Can Succedo Markets be trusted by traders?

Succedo Markets Limited is an unregulated entity registered in Saint Lucia, which represents a severe risk warning for traders due to the complete absence of credible regulatory oversight or investor protection mechanisms.

04-02
United States

Which regulator oversees Succedo Markets?

Succedo Markets does not hold any valid licenses from major regulatory bodies such as the FCA, ASIC, or CySEC; it operates as an unregulated entity.

04-02
United States

How can I contact Succedo Markets?

Contact details for this broker are not currently publicly disclosed.

04-02
United States

Apa arti broker memiliki beberapa lisensi regulasi?

Broker yang memiliki beberapa lisensi regulasi biasanya beroperasi di berbagai yurisdiksi dan harus mematuhi persyaratan dari beberapa regulator, yang dapat menunjukkan tingkat kredibilitas operasional yang lebih tinggi. Namun demikian, kekuatan pengawasan setiap lisensi dapat berbeda, terutama lisensi offshore. Disarankan memeriksa lisensi dari regulator utama seperti FCA atau ASIC melalui WikiFX.

16h

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

¿Cuáles son los organismos reguladores de forex más comunes?

Entre los organismos reguladores más comunes se encuentran la Financial Conduct Authority (FCA), la Australian Securities and Investments Commission (ASIC), la Commodity Futures Trading Commission (CFTC), la Securities and Exchange Commission (SEC), la Cyprus Securities and Exchange Commission (CySEC) y la Monetary Authority of Singapore (MAS). Estos organismos suelen aplicar estándares regulatorios estrictos. En WikiFX es posible consultar clasificaciones de brókers según su entidad reguladora.

16h

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

16h

Bagaimana cara menghitung skor WikiFX?

Skor WikiFX dihitung menggunakan model evaluasi multidimensi yang mencakup indeks regulasi, indeks lisensi regulasi, indeks kapasitas operasional, indeks manajemen risiko, serta indeks teknologi platform trading. Skala skor berkisar antara 0 hingga 10 poin dan diperbarui secara berkala berdasarkan perubahan regulasi dan data operasional terbaru.

16h
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com