ANSWER Dear Investor,
Succedo Markets does not appear to hold any legitimate forex trading license.
The company claims to be registered in Saint Lucia. Although a matching entry exists in the registry of the Saint Lucia International Financial Centre (IFC), this registration only confers International Business Company (IBC) status. It is important to note that IBC status does not equate to a valid financial services license. The IFC does not regulate or license forex trading activities. Besides, its website provides no verifiable licensing information.
Based on this, Succedo Markets is highly likely to be unregulated and potentially fraudulent. We strongly advise against trading with this broker.
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