Succedo Markets Is An Unregulated Brokerage Registered In Saint Lucia In December 2023 While Operating In The UAE. The Broker Offers A Diverse Range Of Financial Instruments Such As Currencies, Stock Indices, Energy, Precious Metals And CFDs. Clients Can Choose Between Demo Accounts And 3 Tiers Of Real Accounts. It Offers Leverage Of Up To 1:500 And The MT5 Platform With A Standard Account Starting Spread Of 1.5 Pips.
Advantages And Disadvantages
Advantages:
Diversified Trading Products
Offers, Forex, Stock Indices, Energy, Precious Metals And CFDs, And Other Market Instruments.
Demo Account
Offers Newbies The Opportunity To Practice And Test Strategies.
Tiered Accounts
Offer, Standard, Premium And ECN Accounts To Meet The Needs Of Different Traders.
Flexible Leverage
Maximum Leverage Up To 1:500, Suitable For High-risk Traders.
Commission-free Accounts
Some Account Types Do Not Charge Commissions, Reducing Trading Costs.
Support For MT5
Offers A Powerful MetaTrader 5 Platform, Suitable For Traders Of All Levels.
Disadvantages:
New Entrants To The Market
Lack Of Industry Experience To Provide Long-term Support And Stable Services.
Unregulated
Unsupervised By Financial Regulators, Increasing Trading Risks.
Unclear Minimum Deposit
Undisclosed Specific Minimum Deposit Requirements, Which May Affect Transparency.
Unclear Information On Payment Methods
Lack Of Detailed Information On Available Payment Methods, Affecting User Experience.
Restrictions On Service Regions
Unable To Serve Customers In Certain Regions.
Legality
Succedo Markets Is Not Currently Supervised By Any Financial Regulator, Which May Raise Concerns About The Safety Of Traders' Funds And The Transparency Of The Trading Environment. Traders Are Advised To Consider The Latent Risk Carefully When Choosing The Platform.
Market Tools
Forex: Trade Major Currency Pairs (e.g. EUR/USD).
Stock Indices: Such As S & P 500, NASDAQ, Etc.
Energy: Trade Crude Oil And Natural Gas.
Precious Metals: Including Gold And Silver CFD Trading.
Account Type
Standard Account
Minimum Deposit: Undisclosed
Leverage: 1:500
Spread: From 1.5 Pips
Premium Account
Minimum Deposit: Undisclosed
Leverage: 1:500
Spread: From 1.8 Pips
ECN Account
Minimum Deposit: Undisclosed
Leverage: 1:200
Spread: From 0.2 Pips
P >Commission: 7 Dollars Per Lot
Trading Platform
Using The MetaTrader 5 (MT5) Platform, Features Include:
Multi-market Support: Suitable For Trading In Different Asset Classes.
Advanced Technology Tools: Multiple Indicators And Chart Types.
Multi-device Support: Suitable For Web, IOS And Android Devices.
Customer Support
Contact Form
Phone: + 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
Operating Address: 104-0170, D L D BUSINESS CENTER, MONTANA BUILDING, AL KARMA, DUBAI, UAE
Restricted Areas
United States, Cuba, Iraq, Myanmar, North Korea, Sudan
Summary
Succedo Markets Is A Broker That Offers A Variety Of Trading Tools And Flexible Account Options, But Its Unregulated Status And Unclear Information May Affect Traders' Trust. Traders Should Weigh The Pros And Cons When Choosing A Platform And Give Preference To Regulated Alternatives. Hope The Above Information Is Helpful To You!
