@ Damayanti:
Based on the information we have, broker Saracen Inc. is only registered in the country of Saint Vincent and the Grenadines as a business company. For the security of your trading and funds, we recommend choosing a broker that is already regulated by an internationally credible regulatory body, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.
A credible regulatory body is one that has been tested and internationally recognized, and provides strict sanctions to brokers if they are found to violate agreed-upon terms. The regulatory body is also responsible for the security of client funds.