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SaracenMarkets Review 2026

SaracenMarkets
3.8
Overall Rating

5/5 – 1 vote

SaracenMarkets, founded in 2018, is an Islamic-focused forex and CFD broker that operates under the Saracen Markets Group. The group includes regulated entities in South Africa (FSCA, FSP 44806) and Mauritius (FSC, GB24203498), with an additional registration in St. Vincent and the Grenadines. The broker offers STP/ECN execution with no dealing desk, tight spreads from 0.0 pips, and leverage up to 1:2000. SaracenMarkets provides MT4 trading, negative balance protection, crypto and fiat deposit options, and quick withdrawals. With its global presence and Syariah-compliant trading, SaracenMarkets positions itself as a trusted partner for both Muslim and non-Muslim traders.

Trust

4.0

Fees

3.7

Platforms & Tools

4.0

Customer Support

3.9

Research

3.5

Education

3.5

Brokers Name

SaracenMarkets

Trading Desk

ECN, STP

Year Founded

2018

Headquarters

South Africa

Regulation

FSCA, SVG FSA and FSC Mauritius

US Clients

🇺🇸
No

247 Support

✔️

Support Email

support@saracenmarkets.com

Telephone

+85281975503

Address

29 First Avenue East, Parktown North, Johannesburg, Gauteng, 2193 South Africa

Languages

English
Saracen Markets

Commission

$5 Per round lot

Accounts

Pro Account, VIP Account

Min. Deposit

$10

Currencies

USD, EUR

Execution

Market Еxecution

Leverage

1:2000

Spreads

From 1.6 pips

Trade Size

From 0.01 lots

Instruments

Commodities, Stock CFDs, ETFs, Forex, Indices, Metals

Demo Trading

✔️

Swap-Free

✔️

CopyTrading

Crypto Trading

✔️

Platform

MT4, MT5, WebTrader

Mobile Trading

✔️

Web Trading

✔️

Affiliate

✔️

Deposit

BetterEFT, AraniPay, WalaoPay, PaymentAsia, SurePay, B2BinPAY, Local Depositor

Withdrawal

BetterEFT, AraniPay, WalaoPay, PaymentAsia, SurePay, B2BinPAY, Local Depositor

Pros

  • Tight Spread From 0.0 pips
  • Leverage 1:2000
  • Execution from 160ms
  • Easy Deposit and Withdrawals
  • Negative balance protection
  • Crypto and Fiat Deposit options
  • 5 Decimal Points

Cons

  • No USA clients accepted
5/5 – 1 vote

SaracenMarkets Review

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 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 of Customer Service. Read SaracenMarkets Review full review.

Saracen Markets Regulation

Saracen Markets stands out by operating under multiple regulated entities in different jurisdictions, giving traders a layered regulatory framework rather than a single offshore license.

South Africa – FSCA Regulation

SARACEN MARKETS (PTY) LTD, is licensed by the Financial Sector Conduct Authority (FSCA) of South Africa under FSP licence number 44806. The FSCA is a recognized financial regulator with strict reporting, compliance, and client protection requirements. This means Saracen Markets must meet certain standards around capital adequacy, client fund segregation, and ethical conduct, giving traders greater confidence compared with brokers with only offshore registration.

Mauritius – FSC License

SARACEN MARKETS LIMITED, is incorporated in Mauritius and regulated by the Financial Services Commission (FSC) under license number GB24203498. The FSC provides oversight on compliance and operational standards, although it is considered less stringent than top-tier regulators like ASIC or FCA. Still, it adds an extra layer of supervisory oversight beyond a single jurisdiction.

St. Vincent & the Grenadines

SARACEN INC is registered in St. Vincent & the Grenadines as an International Business Company. SVG registrations provide corporate legitimacy but do not offer substantive financial regulation or investor protections. This entity serves operational or market coverage purposes rather than regulation.

Saracen Markets Trading Accounts

Saracen Markets keeps things simple with two core account types designed for different trading styles. Whether you’re a casual trader starting small or an active trader chasing tight spreads and faster execution, there’s an option that fits. Both accounts support Islamic swap-free trading and come with low entry barriers.

SaracenMarkets Trading Accounts

Pro Account

The Pro Account is built for everyday traders who want straightforward pricing and flexibility. It offers fixed spreads starting from 1.6 pips with zero commission, making it easy to calculate costs before placing trades. With leverage up to 1:2000 and a minimum deposit of just $10, it’s suitable for beginners and experienced traders alike.

Features

  • Minimum deposit: $10
  • Spreads from 1.6 pips
  • No commission
  • Leverage up to 1:2000
  • Forex, Commodities, Indices
  • Swap-free Islamic option available

STP VIP (ECN) Account

The STP VIP Account is designed for speed-focused and high-frequency traders. It features raw spreads starting from 0.0 pips with a fixed commission of $5 per lot. Execution is faster, pricing is tighter, and the instrument range is broader, including equities and cryptocurrencies.

Features

  • Minimum deposit: $10
  • Spreads from 0.0 pips
  • Commission: $5
  • Leverage up to 1:500
  • Forex, Commodities, Indices, Equities, Crypto
  • Swap-free Islamic option available

Saracen Markets Trading Platform

Saracen Markets uses MetaTrader 5 as its core trading platform. MT5 is a widely trusted, professional-grade trading terminal that gives traders the tools they need without unnecessary complexity. It works across desktop, web, and mobile, offering a flexible trading experience whether you’re analyzing markets, executing trades, or managing positions on the go.

Fast and Reliable Execution
Orders are executed quickly, with reliable price feeds and minimal slippage. Execution speed matters when markets move fast, and MT5 handles it well.

Multi-Asset Trading
MT5 lets you trade forex, commodities, indices, equities, and cryptocurrency CFDs from the same platform. You don’t need separate tools for different markets.

MetaTrader 5 SaracenMarkets

Advanced Charting and Tools

  • 21 timeframes
  • Built-in technical indicators
  • Drawing tools for detailed analysis
  • Customizable chart layouts
    These features make it easy to spot patterns, track trends, and act on real market signals.

Automated and Algorithmic Trading
MT5 supports expert advisors (EAs) and custom scripts, letting you automate strategies and test them in the strategy tester without leaving the platform.

Order Types and Market Depth
MT5 includes a wider range of order types and depth-of-market (DOM) views that aren’t available in older platforms. This is especially useful for traders who want advanced control over execution.

Saracen Markets Copy Trading

Saracen Markets offers copy trading through the MetaTrader 5 Copy Trading system, designed for traders who want market exposure without managing trades themselves. The setup is simple: you choose a strategy provider, connect your account, and trades are copied automatically in real time.

This solution works well for beginners who don’t want to analyze charts all day, and for busy traders who prefer a hands-off approach while still staying involved in the market.

How Copy Trading Works at Saracen Markets

The process is straightforward and beginner-friendly:

  1. Open a Follower Pro account
  2. Browse and select a strategy provider
  3. Allocate funds and start copying trades automatically

Once connected, all buy and sell orders placed by the provider are mirrored in your account based on your selected risk settings. There’s no manual intervention needed.

Strategy Providers & Transparency

Saracen Markets allows users to choose from a list of verified strategy providers. Each provider typically displays performance data, trading history, and risk metrics, helping followers make informed decisions instead of guessing.

Saracen Markets Frequently Asked Questions

What is Saracen Markets?

Saracen Markets is an online forex and CFD broker providing access to global markets, including forex, commodities, indices, equities, and cryptocurrencies.

What trading platforms does Saracen Markets support?

Saracen Markets uses MetaTrader 5 (MT5) with full support on desktop, WebTrader, and mobile apps for iOS and Android.

What types of accounts are available?

Saracen Markets offers at least two main account types: Pro Account and STP VIP ECN Account

Does Saracen Markets offer copy trading?

Yes. The broker supports copy trading via MT5, allowing you to automatically follow and replicate trades from verified strategy providers.

Is there a minimum deposit?

Yes, the minimum deposit to open a live account typically starts as low as $10, depending on the account type.

What leverage is offered?

Saracen Markets offers leverage up to 1:2000, depending on your account type and trading instrument.

SaracenMarkets

5/5 – 1 vote

The promotion is being shared here solely for informational purposes. Please note that this should not be considered as financial advice.

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