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Fake FXTM vs SaracenMarkets

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick Fake FXTM leads on safety — winning 2 of 3 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Fake FXTM Forex
85/100 risk
🇲🇺 Mauritius
Read review →
SaracenMarkets Forex
39/100 risk
🇲🇺 Mauritius
Read review →
Safety & Trust
Scam-risk score lower = safer
85
39
Verdict
Severe
Guarded
Regulated
Yes
Yes
Licenses
3
1
Tier-1 regulators
2
0
Trustpilot score
4.1
Reviews collected
320
Exit risk lower = safer
Low risk
Known clones
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$10
$10
Max leverage
Floating from 1:200- 1:25
1:500
Min spread (best acct)
from 0
from 0
Commission
$0
$0
Cost grade
Account types
7
2
Best for
Suits
Traders seeking multiple account types with varying deposit levels, Those interested in cent accounts for micro-lot trading
Traders seeking fast withdrawals and low spreads, Users interested in deposit bonuses, Experienced retail traders comfortable with offshore regulation
Not for
Risk-averse traders due to severe scam risk score, Traders requiring regulated and transparent broker operations
Traders who prioritize strong Tier-1 regulation, Those concerned about potential withdrawal blocks, Risk-averse investors unwilling to risk losing initial deposits
Products & Funding
Instruments
US Cent / EU Cent / GBP Pence / NGN kobo
Forex, CMDTY, Indices, Equities & Crypto
Deposit methods
VISA, Skrill, VISA, MASTER
Withdrawal
MASTER, PerfectMoney, Skrill, VISA
Execution
Speed
Slippage
Swap cost
Company
Founded
2021-02-02
2021-08-05
Headquarters
🇲🇺 Mauritius
🇲🇺 Mauritius
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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