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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Succedo Markets

Saint Lucia Saint Lucia | 2-5 years |
ECN Account Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://succedomarkets.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

India India 2.54
Surpassed 13.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

info@succedomarkets.com
https://succedomarkets.com/
Ground Floor, The Southeby Building, Rodney Village Rodney Bay, Grooss- Islet, LC10-301, SAINT LUCIA
The WikiFX Score of this broker is reduced because of too many complaints!
Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Saint Lucia Saint Lucia
Operating Period
2-5 years
Company Name
Succedo Markets Limited
Customer Service Email Address
info@succedomarkets.com
Company Address
Ground Floor, The Southeby Building, Rodney Village Rodney Bay, Grooss- Islet, LC10-301, SAINT LUCIA
Account
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment

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Official website

Website

  • succedomarkets.com
    68.178.158.181
    Server Location
    India India
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company 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

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • 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

S jonas
S jonas
1-2 years

Does Succedo Markets offer a demo account?

WikiFX
WikiFX Reply

Yes, Succedo broker offers a demo account with $100,000 in virtual funds, which is fantastic for practicing my trading strategies without risking real money. It’s a great way for me to get a feel for the platform before diving into live trading.

Broker Issues
Succedo Markets
Succedo Markets
Account
Leverage
Instruments
Platform
08-10
United States
Moshiheya
Moshiheya
1-2 years

Is Succedo Markets regulated?

WikiFX
WikiFX Reply

No, Succedo broker is not regulated by any financial authority. This is a major concern for me as an investor, as regulation adds a layer of protection for my funds. Trading with an unregulated broker always carries higher risks, especially since there is no oversight to ensure fair practices.

Broker Issues
Succedo Markets
Succedo Markets
Regulation
07-30
United States
Mohammed Mazhar
Mohammed Mazhar
1-2 years

What account types does Succedo Markets offer?

WikiFX
WikiFX Reply

Succedo broker offers three types of accounts: the Standard Account, Premium Account, and ECN Account. As a beginner, I would opt for the Standard Account since it requires no minimum deposit and offers commission-free trading. However, if I were a more experienced trader looking for tighter spreads, I might consider the ECN Account, despite the $7 per lot commission.

Broker Issues
Succedo Markets
Succedo Markets
Leverage
Platform
Instruments
Account
07-10
United States
gnsrael
gnsrael
1-2 years

What are the pros of Succedo Markets?

WikiFX
WikiFX Reply

The Succedo broker offers a wide variety of tradable assets like currencies, equity indices, energies, precious metals, and CFDs. The flexibility of offering leverage up to 1:500 is also a significant advantage for traders like me who want to maximize their position with a smaller initial investment.

Broker Issues
Succedo Markets
Succedo Markets
Regulation
06-10
United States
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