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Veracity Markets
Regulatory Status
UnverifiedRegulation & License
Regulatory note: No valid regulatory information found. Proceed with caution.
Score
1.55 /10 Regulation
0.00
License
0.00
Business
7.30
Software
4.00
Risk Control
0.00
Veracity Markets Comprehensive Review
Veracity Markets exhibits overall weak performance and is not recommended for risk-sensitive investors, carrying a composite score of 1.55, an unverified regulatory status with the South African FSCA, and a 5-10 year operating history; its low risk control rating underscores significant fund safety concerns, so traders are urged to proceed with extreme caution. 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: 2026-05-23)
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Is Veracity Markets Safe
Who regulates Veracity Markets, and is their license verified?
Veracity Markets operates with unverified regulatory status and is identified as a highly suspicious entity. The broker's holding company is listed on South Africa's Financial Sector Conduct Authority (FSCA) with a Derivatives Trading License (EP). This license, however, is marked as unverified, indicating the regulatory standing is not officially confirmed. Readers should directly verify any license authenticity with the official regulator before considering an account.
How does Veracity Markets perform in each core safety dimension?
Veracity Markets carries a composite score of 1.55, with a regulatory rating of 0.0, risk control rating of 0.0, software rating of 4.0, business rating of 7.28, and license rating of 0.0 — indicating notable risks across key oversight metrics. The composite score of 1.55 represents a low aggregated safety rating. The regulatory and license ratings of 0.0 are particularly low, reflecting concerns around oversight and verification. A software rating of 4.0 and business rating of 7.28 suggest stronger operational aspects, but these are overshadowed by the critical regulatory deficiencies. Traders should evaluate these dimensions carefully against their individual risk tolerance.
What are the basic operational facts for Veracity Markets?
Veracity Markets is a broker with 5–10 years of operation, registered in South Africa, though its business scope is noted as a suspicious operational region. Based on its public operational footprint, the broker appears to target the retail trading sector from its South African base. For prospective clients, it requires a $250 minimum deposit to open any of its standard account types. Trading is facilitated on an unnamed software suite, which offers support for features like scalping and automated trading. The specific number of financial instruments available for trading is not currently publicly disclosed; readers may review the broker's official site for a complete product scope.
How Does Veracity Markets' Trading Environment Measure Up?
Execution and infrastructure details for Veracity Markets are not publicly disclosed. The trading environment grade is not available for independent assessment. Server count and supported trading software are also not currently specified. Readers may cross-reference this with the broker's other operational sub-scores to form a more complete view of its service capabilities.
What trading instruments does Veracity Markets provide?
Tradable instruments and instrument count are not currently disclosed. The broker's account offerings suggest a focus on forex and CFD trading, but the exact asset classes available are unspecified. The list of main instrument categories not offered is also not publicly detailed. Traders should confirm the available product coverage against their specific strategies before engaging.
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Veracity Markets Regulation & License
- No regulatory information available
Note: The above regulatory information is sourced from the official Veracity Markets website.
Basic Information
Registered Region
South Africa
Operating Period
5-10 years
Company Name
Veracity Markets (Pty) Ltd
Customer Service Email Address
help@veracitymarkets.com
Contact Number
+27 (0) 87 012 5545
Company Website
https://veracitymarkets.com
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Frequently Asked Questions about Veracity Markets
Is Veracity Markets a regulated forex broker?
Veracity Markets's regulatory status is unverified. The entity is listed as holding financial licenses from authorities in South Africa and New Zealand, but these registrations are not confirmed as authentic and active forex trading licenses. An unverified status means the broker lacks credible oversight from a recognized financial regulator. Traders should exercise extreme caution when considering firms without verified regulatory standing.
What license information is available for Veracity Markets?
Veracity Markets is linked to two financial licenses, both marked as unverified. It is listed with a Derivatives Trading License (EP 4701) from South Africa's FSCA and a Credit & Financing License (CFL 40983) from New Zealand's FSPR. Neither constitutes a verified forex trading license from a top-tier jurisdiction. You are strongly advised to verify the current status of these registrations directly on the FSCA and FSPR official websites before proceeding.
What risks should traders notice before using Veracity Markets?
Traders should note significant compliance and investor protection concerns. The broker has an overall composite score of 1.55, indicating a high-risk profile. Its regulatory and license ratings are 0.0, reflecting a severe absence of credible oversight. The broker also operates from a region noted for suspicious activity. These factors represent a severe risk warning regarding fund safety and operational transparency.
Is the entry threshold of Veracity Markets high?
Does Veracity Markets support common trading platforms?