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Rated 4 out of 5 stars

Trusted, but minimum WD increase from 14 usd to 25 usd to 37 usd, mayba can fix minimum WD, maintain price, tq

Rated 5 out of 5 stars

Great trading with Saracen at any time even during news. Buy and sell ordered as per actual price displayed. Spread also low for pro and non pro account. Deposit and withdrawal is not a problem. Alway... See more

Rated 4 out of 5 stars

so far i like this broker, few reasons - very very fast withdrawal (literally sometimes in minutes) - ECN account good for scalpers/intraday trader - Customer service is somewhat good The c... See more

Company replied

Rated 3 out of 5 stars

Over all, good. Need to improve withdrawal part; -ex: 1st time withdrawal only took 1 hour to receive in my bank account. - 2nd time took 12hrs plus then 3rd time was 4hrs. - slippage (normal ho... See more

Company details

  1. Non-Bank Financial Service

Written by the company

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. Traders benefit from tight spreads, easy deposit methods, multilingual customer support, 150+ instruments, immediate execution of positions, and access to live liquidity through a wide range of platforms.


Contact info

4.0

Great

TrustScore 4 out of 5

323 reviews

5-star
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1-star

Replied to 14% of negative reviews

Typically takes over 1 month to reply

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Rated 4 out of 5 stars

Trusted

Trusted, but minimum WD increase from 14 usd to 25 usd to 37 usd, mayba can fix minimum WD, maintain price, tq

April 2, 2026
Rated 1 out of 5 stars

Dirty and dangerous scam broker.

Dirty and dangerous scam broker. I opened account and my profile got verified after I uploaded my KYC Identity Document and Selfie. Them after trading and upon trying to withdraw they rejected my withdrawal saying advanced KYC needed and I uploaded all my valid recent Bank Statement but they keep on rejecting. I will change my rating of they release my funds.

January 13, 2026
Unprompted review
Saracen Inc logo

Reply from Saracen Inc

We’re sorry to hear about your experience and appreciate you bringing this to our attention.

That said, we’re glad to confirm that your refund has already been refunded. We kindly ask you to check your account and let us know if everything has been received accordingly.

Rated 1 out of 5 stars

WORST EXPERIENCE EVER.

WORST EXPERINCE EVER. I joined their IB program. From the onset, I had advised my traders to never use a broker that has no account manager, exorbitant fees, slow process and vague feedback. At registration, I got approved immediately. I stayed three days waiting for partnership department. They helped me after 6th day to set up commission structure. I brought in clients and unfortunately they reduced leverage. I tested withdrawals of few dollars and this where the drama began: Send Selfies. I sent. Send THEM AGAIN. I did. Upload Proof Address. I did 4 times different bank statements and utility bills under my name and address. They blatantly refused and said I require fresh verification. I asked them to call me. No feedback and no withdrawal. Please stay away from scam broker. Heavy fees on deposit and withdrawal and slow response. Also note there is no strong regulations. And proof of address was optional only this time they had to force it to cancel any future withdrawals even among my client.

October 21, 2025
Unprompted review
Rated 1 out of 5 stars

Saracen market

I wasn't paid $1,266.60, and my account was blocked, preventing me from making any more transactions on Saracen Market. It stated that my withdrawal amount was too large. It's a real shame.

October 2, 2025
Unprompted review
Rated 3 out of 5 stars

Over all - good

Over all, good.
Need to improve withdrawal part;
-ex: 1st time withdrawal only took 1 hour to receive in my bank account.
- 2nd time took 12hrs plus then 3rd time was 4hrs.
- slippage (normal hours / not during news) & account balance sometime not tally (i think system calculation not accurate) then look fine.

September 1, 2025

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