Review summary
Verax is a forex broker that has been operational for between two to five years and is registered in the United Kingdom. According to WikiFX data, the broker holds no valid authoritative forex trading licenses and operates with a significantly low overall score of 1.30. It offers a tiered account structure with minimum deposits ranging from $50 to $4,000, supporting features like scalping, expert advisors, and position locking. The entity's status is unregulated, and its flagged business scope indicates a severe risk warning. Investors should exercise a high degree of prudence as this places all client funds and activities outside established protection schemes. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-09)
