Global Forex Broker Regulatory Inquiry APP
WikiFX
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
WikiFX

Score

1.35 /10
Negative

Veracity Markets

South Africa

2-5 years

Suspicious Regulatory License

MT4/5 White Label

Regional Brokers

Suspicious Overrun

High potential risk

Influence

B

Better than 67.9% brokers
Open Account
Website

Score

License Index0.00

Business Index5.81

Risk Management Index0.00

Software Index4.00

Regulatory Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

B

Better than 67.9% brokers
Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Provide service support by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+27 (0) 87 012 5545

Broker Information

More

Company Name

Veracity Markets (Pty) Ltd

Company Abbreviation

Veracity Markets

Platform registered country and region

South Africa

Company website

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4 Previous Detection: 2022-08-17
  • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months, please be aware of the risk and the potential scam!

Warning: Low score, please stay away!

Previous Detection 2022-08-17 Risk 4

Pyramid scheme complaint
Expose
Mkt. Analysis

News

NewsVeracity Markets is ordered to cease trading by FSCA.

The Financial Sector Conduct Authority (FSCA) has ordered Veracity Markets, which has around 400 000 clients, to cease trading due to its use of illegal over-the-counter (OTC) derivatives and potential violations of other financial regulations.

WikiFX
2022-07-27 16:51
Veracity Markets is ordered to cease trading by FSCA.

NewsBreaking News! FSCA issued a statement against Veracity Markets asking for a complete shutdown.

Previously, WikiFX reported that a South Africa-rooted forex broker, Veracity Markets, has been accused of withdrawal refusal. Many traders lost control of their funds after investing in Veracity Markets. Then FSCA, the South Africa-based regulator decided to suspend Veracity Markets but didn’t launch official announcement yet. On July 13, 2022, FSCA finally made a statement about the case of Veracity Markets.

WikiFX
2022-07-15 17:29
Breaking News! FSCA issued a statement against Veracity Markets asking for a complete shutdown.

NewsVeracity Markets: What's Going On and Are They Closing?

For the majority of traders who have been utilizing authenticity markets, this is dismal news. However, there have been warnings regarding this broker, but we chose not to heed them. I want to emphasize that it was a nice break since I have personally used it.

WikiFX
2022-07-07 15:57
Veracity Markets: What's Going On and Are They Closing?

NewsVeracity Markets Suspension

South African broker Veracity Markets has been ordered by the Financial Sector Conduct Authority (FSCA) of South Africa to cease all operations effectively immediately from the first of July. This is an unprecedented unfolding of events as it puts under question the actions of this broker and it also affects the traders who are currently using this broker. So the next question is why. Why was the broker suspended and what does this mean for its customers?

WikiFX
2022-07-05 16:16
Veracity Markets Suspension

NewsWikiFX Review: Why do some investors feel upset about Veracity Markets?

Founded in 2020, Veracity Markets is an online forex broker based in South Africa. Veracity Markets stands for Nirvesh Financial Service Pty Ltd, a company under no regulation. Recently, a lot of investors shared their experience with WikiFX about investing in Veracity Markets. In this article, WikiFX analyzes the reliability of this broker from specific information, regulation, exposure, etc to give you a comprehensive understanding of this broker.

WikiFX
2022-06-28 16:54
WikiFX Review: Why do some investors feel upset about Veracity Markets?

NewsCURRENT STATE OF THE SOUTH AFRICAN FOREX INDUSTRY

With South Africa quickly emerging as a big global player in the forex industry, boating trading volumes that exceed $21 billion in recent years, South Africa has quickly become the African hub for forex traders and brokers but even with the FSCA in place, unsavory elements still manage to find its way to the surface, here we look at the good, the bad and the ugly of the South African market.

WikiFX
2022-05-20 19:07
CURRENT STATE OF THE SOUTH AFRICAN FOREX INDUSTRY
8
Select Country/District
  • Hong Kong

    hk.wikifx.com

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error correction, please send the information to:qawikifx@gmail.com
Cooperation:fxeye001@outlook.com
Global Forex Broker Regulatory Inquiry APP Download