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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
    --
    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

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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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