Established in late 2018, SaracenMarkets has grown from strength to strength and has swiftly positioned itself as one of the leaders in the Syariah compliance finance industry, developing award-winning on two different occasions.
SaracenMarkets set out its aim of being the most dependable, quality and devoted Islamic broker through its business model of following the STP and ECN execution avenue. This means SaracenMarkets have no conflict of interest within itself and its customers. No requotes, lightning-quick execution and none dealing desk interference.
SaracenMarkets has established a number of Customer Support offices worldwide and aims to satisfy its traders 24 hours, 5 days a week with the incredibly best Customer Service.
Broker Logo |  |
BROKER INFORMATION
Broker Type | STP/ECN |
Company | SARACEN MARKETS (PTY) LTD Saracen Inc |
Foundation | 2018 |
Country | South Africa St. Vincent & the Grenadines |
Regulation | SARACEN MARKETS (PTY) LTD is licensed and regulated by the Financial Sector Conduct Authority (FSCA) under FSP licence number 44806. |
Minimum Initial Deposit | $10 |
Account Base Currencies | USD |
Account Deposit Methods | BetterEFT, AraniPay, WalaoPay, PaymentAsia, SurePay, B2BinPAY, Local Depositor |
Account Withdrawal Methods | BetterEFT, AraniPay, WalaoPay, PaymentAsia, SurePay, B2BinPAY, Local Depositor |
Live Chat | Yes |
| support@saracenmarkets.com |
ADVANTAGES
Free Demo Account | Yes |
Maximum Leverage | 1:2000 |
Spreads | From 0.0 pips |
Stop Out Level | 20% – Pro Account 30% – VIP Account |
Execution Type | Market Execution |
Introducing Brokers Program | Yes |
Swap Free | Yes (Islamic) |
Promotions | Yes |
Copy Trading | Yes |
Virtual Private Server | No |
Trading Platforms | MetaTrader 4, WebTrader |
Scalping | Yes |
Hedging | Yes |
Expert Advisors | Yes |
Products | Forex, Shares, Energy, Commodities, Metals, Indices, Cryptos |
DISADVANTAGES
Restrictions | The service is not provided in the following countries: United States of America (USA), Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, Vanuatu and EEA countries. |
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