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Saafan Markets

WikiFX | 2024-11-28 18:52

Abstract：Saafan Markets Ltd. is a newly established trading platform headquartered in Saint Lucia, offering trading services exclusively in gold. Despite operating without regulatory oversight, Saafan Markets provides trading through the widely recognized MT4 platform. The company does not impose minimum deposits, leverage, spreads, or commissions, but also lacks account variety, educational resources, and bonus offerings. Customer support is available at their office in Saint Lucia.

Note: Saafan Markets's official website: https://www.yostlm.com/en.html is currently inaccessible normally.

Saafan MarketsReview Summary
Founded	2024
Registered Country/Region	Saint Lucia
Regulation	No regulation
Market Instruments	Gold
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	MT4
Min Deposit	/
Customer Support	Physical Address: Ground Floor, The Sotheby Building, Rodney Village, Gros-lslet, Rodney Bay, Saint Lucia LC01401

Saafan Markets Information

Saafan Markets Ltd. is a newly established trading platform headquartered in Saint Lucia, offering trading services exclusively in gold. Despite operating without regulatory oversight, Saafan Markets provides trading through the widely recognized MT4 platform. The company does not impose minimum deposits, leverage, spreads, or commissions, but also lacks account variety, educational resources, and bonus offerings. Customer support is available at their office in Saint Lucia.

Regulation

The search revealed that Saafan Markets registered its website in 2024, but as of now, it is no longer accessible. Saafan Markets is also being left unregulated.

Pros & Cons

Pros	Cons
MT4 Trading Platform	Lack of Regulation
No Commissions	No Account Types
Exclusive Gold Trading	Limited Payment Methods

Market Instruments

Saafan Markets specializes exclusively in gold trading, providing a focused market instrument for investors interested in precious metals. This singular asset focus allows traders to capitalize on market movements in gold, a widely regarded safe-haven asset. However, the lack of diversification into other tradable assets might limit opportunities for those seeking to spread risk across different markets.

Tradable Instruments	Supported
Gold	✔
Forex	❌
Indices	❌
Stocks	❌
Bonds	❌
ETF	❌

Saafan Markets Fees

Saafan Markets says it supports commission-free trading.

Trading Platform

Saafan Markets offers MT4 trading platform to traders.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔		Beginner
MT5	❌

Customer Support

Clients can contact this broker through the following contact channels:

Address: Ground Floor, The Sotheby Building, Rodney Village, Gros-Islet, RodneyBay, Saint Lucia LC01401.

Broker Dealer

Related broker

No Regulation

Saafan Markets

Company name：Saafan Markets Ltd.

Score

1.29

Website：https://www.yostlm.com/en.html

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.29

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