Succedo Markets Review: What Traders Need to Know

Should you trust a broker based in the offshore jurisdiction of Saint Lucia, with no regulatory licences whatsoever? In this review, you will see why that could be a serious risk to your deposit. Succedo Markets appears more like a scam than a safe trading platform — and here is why.

Succedo Markets Snapshot

Legitimacy Check

On its website, Succedo Markets proudly lists an office in the UAE, claiming to be an international broker operating in the business capital of the Middle East. However, a quick search of the company name in the official DFSA register (the regulator of Dubai’s financial centre) reveals no records. This means the broker does not hold a DFSA licence. In reality, the company is operating illegally.

Dig a little deeper, and it becomes clear that the domain succedomarkets.com was only registered in December 2023. This immediately discredits any suggestion of “years of experience” implied in the company’s promotional materials. Any reputable broker, FXTM, for instance, has tens of thousands of reviews and a track record dating back to the early 2010s. In this case, all we see is a newly created website and a complete lack of reputation.

Succedomarkets.com Content Quality

At first glance, the official website of Succedo Markets does not appear professional or well-made. The sections are arranged in a standard layout: About Us, Accounts, Markets, Platforms, Education, and so on. However, the content within these sections lacks substance. In the “Markets” section, four asset classes are listed: Forex, Futures, Indices, and Stocks — yet there is no mention of specific instruments, trading sessions, or margin requirements.

Broken buttons, poor optimisation, clichéd language, and stock photos — all these are signs of an unprofessional approach. Succedo Markets claims to have been in the market for more than a year, yet still has not managed to produce a properly functioning official website.

Key Trading Features

Next in this Succedo Markets review, we turn to trading conditions. The minimum deposit required to begin trading is unknown, as it is not stated anywhere. The broker offers clients three types of accounts:

• Standard. Spreads from 1.5 pips, leverage of 1:500, swaps apply, and no commissions.
• Premium. Spreads from 1.8 pips, no swaps, and promises of personalised support.
• ECN. Leverage of 1:200, bid/ask from 0.2 pips, and a $7 commission per lot.

Succedo Markets Affiliate Programme Insight

The partnership programme operates under the Introducing Broker (IB) model and is presented in a polished, premium manner: promises of up to five referral levels, personalised support, advanced analytics, and even “regulatory trust”. It is marketed as if partners are strategic allies. In reality, however, it is nothing more than a standard referral scheme.

Customer Service Overview

The broker offers only three ways to contact managers:

1. E-mail.
2. Phone call.
3. Feedback form.

There are also social media logos (YouTube, Instagram, Facebook, and X). However, as mentioned earlier, these are just static images. You can click them endlessly, but they will not open any links. The icons are not clickable. Moreover, Succedo Markets has not even integrated a live chat feature into its website — a basic but highly effective method of contacting support quickly.

Our Verdict

Considering all of the above, the Succedo Markets broker does not appear legitimate or trustworthy. There is no regulation, and offshore registration raises strong suspicions of potential fraud. There are very few reviews, and the ECN claim is easily debunked. Altogether, this indicates that working with this company is highly risky.

About the author

Polly Ruiz

Affiliate Marketing Specialist

Polly Ruiz is a digital marketing expert with a strong background in affiliate marketing. She has helped numerous financial service providers optimize their affiliate programs to maximize reach and profitability. Polly's expertise lies in evaluating the integrity and effectiveness of broker affiliate programs, including commission structures, promotional tools, and support services.