Titan Capital Markets Review: Boris CEO trading bot Ponzi Titan Capital Markets fails to provide ownership or executive information on its website.To get more news about titan capital markets review, you can visit wikifx.com official website. Titan Capital Market’s website domain (“titancapitalmarkets.com”), was privately registered on March 31st, 2022.Yan doesn’t exist outside of Titan Capital Markets’ marketing. That said, some effort has gone into creating a bogus digital profile. The campaign was put together by Naga DDB Tribal, a Malaysian marketing company. I want to clarify that work is work and I’m not insinuating anything from the actor’s role. The takeaway is that “Klaus Huber” is being played by a Malaysian actor and doesn’t actually exist.Neither does Howard Yan but, other than him possibly being from Taiwan, was unable to find anything further. Some of Titan Capital Markets’ videos are strange, like this Fulham Football club sponsorship promo. Early Titan Capital Markets videos suggest initial promotion in south-east Asia. Since then recruitment anywhere outside of India appears to have collapsed.Today SimilarWeb tracks 100% of Titan Capital Markets’ website traffic as originating from India. In an attempt to appear legitimate, Titan Capital Markets presents itself as an Australian shell company:The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions). Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level. Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow. At the end of each day Titan Capital Markets tallies up new fee volume on both sides of the binary team.Affiliates are paid 12% of fee volume generated on their weaker binary team side. Once paid out on, fee volume is matched against the stronger binary team side and flushed.Titan Capital Markets represents it generates external ROI revenue via a “3-way arbitrage system”. This is the typical trading bot Ponzi ruse. Titan Capital Markets fails to provide evidence it generates external ROI revenue, via a trading bot or any other means. Being a passive investment opportunity, Titan Capital Markets is required to register with financial regulators and provide audited financial reports. The only financial regulator Titan Capital Markets appears to have registered with is the Australian Securities and Investments Commission (ASIC).

XSocio Markets Review 2022 XSocio Markets is Fast-growing business takes its operations into lucrative global markets. XSocio Markets are looking to reach the next level of growth and we can do this by establishing a presence in new countries across the globe. Trade World’s Financial Instruments with World Leading Broker. Enhance Your Trading With XSocio Markets.To get more news about xsocio markets review, you can visit wikifx.com official website. XSocio Markets is a trading name of XSocio Markets Ltd which is a company Registered in Saint Vincent and Grenadines under 24611 IBC 2018. Main office and registered: Suite 305, Griffith Corporate Centre, P.O.Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines The most popular system for trading world’s markets across the globe. With our XSOCIO Markets Metatrader 4 software, you can use custom indicators and explore the world of automated trading using Expert Advisors. MetaTrader 4 is a platform for trading Forex, analyzing financial markets and using Expert Advisors. Mobile trading, Trading Signals and the Market are the integral parts of MetaTrader 4 that enhance your Forex trading experience. Most of XSOCIO clients will choose MetaTrader 4 to trade in the market. The platform offers ample of opportunities to traders of all skill levels: advanced technical analysis, flexible trading system, algorithmic trading and Expert Advisors, as well as mobile trading applications. MetaTrader 5 delivers a powerful trading system with the Market Depth and a system of separate accounting of orders and trades. It supports both order accounting systems: the traditional netting system and the hedging option system. Four order execution modes are available to meet various trading objectives: Instant, Request, Market and Exchange execution. The platform supports all types of trade orders, including market, pending and stop orders, as well as trailing stop.

WikiFX Review: Why You Should Stay Away from QUOTEX? I have been using quotex On date 16 dec i deposits 5000 inr through UPI on my quotex trading account but money got deducted from my bank account and didn't get credited in my trading account... ”The investor added: “i contacted support team but they didn't respond i writes them emails many times but no response at all but today they emailed me that my account has been banned because I contacted them...no help at all scam broker... please help me.”To get more news about quotex review, you can visit wikifx.com official website. 　　In fact, we received many requests to Wikipedia from investors who complained that Quotex was a complete scam, and that some investors are still completely caught up in the scam and don't even know it. We wrote this article today specifically for investors to draw attention to the fact that they should stay away from this brokerage because it really is a brokerage with a lot of dark history and illegal trading. 　　With such complex regulatory information, how should investors distinguish between good and bad traders？ It's as simple as typing the name of the broker into WikiFX before you invest, you will see every aspect about this broker. WikiFX also provides a comprehensive score based on license, business, risk control, software and regulatory, which is benefit for investors to make judgments. 　　Now let's search “Quotex ” on WikiFX APP to find out more about this broker. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers. As you can see, based on information given on WikiFX(https://www.wikifx.com/en/dealer/1290453790.html), Quotex currently has no valid regulatory license and the score is rather negative - only 1.29/10! WikiFX will give brokers a composite score in five categories: license index, business index, risk control index, software index and regulatory index. Since Quotex does not have any supervision and does not obtain a regulatory license, the license index, risk control index and regulatory index all score 0, and the final total score is 1.29 (out of 10). Investors can see the overall situation through WikiFX, with higher scores indicating a more reliable broker. 　　Quotex has alleged to be registered in St. Vincent and the Grenadines, an offshore broker based in St. Vincent and the Grenadines – a favorite location for scam brokers. The local financial regulator, SVGFSA, has warned investors on multiple occasions that it does not regulate forex brokers and does not impose any sort of laws in the sphere of forex trading (this regulator only monitors the banking sector). For this reason, brokers registered in the country are far from the most reliable choice – since they do not have to meet any sort of requirements or answer to anybody. From all the above information we can know that trusting a broker like QUOTEX Forex is simply not worth it – you will certainly end up robbed. WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. 　　You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed. In addition, scam victims are advised to seek help directly from the local police or a lawyer.

WikiFX Review: Something You May Want to Know About V5 Forex Global Registered in the United States, V5 Forex Global is a forex broker providing access to a massive financial market. With the V5 Forex Global platform, and traders can employ maximum leverage of 1:1000 on their positions. V5 Forex Global allows clients to get access to a series of market products, including Forex, BTC, Stock, Indexes, and Crude Oil.To get more news about v5 forex global review, you can visit wikifx.com official website. 　　Account Types 　　V5 Forex Global provides clients with two types of trading accounts, a real account and a demo account with virtual money of $100,000 in it. 　　Spreads & Commissions 　　V5 Forex Global says it provides spreads as low as 0.0 pips, which is not always true. Investors are strongly recommended to open a demo account first to test its trading environment and then to decide whether to switch to a real one or not. 　　 Leverage 　　If on your V5 forex global trading account with the amount of $10,000, under the condition of the lever is 1000 times, and if you only want to use 10% of the account amount is $1000 for a margin call, you still can make a $100,000 ($1000x 100), because of the deal, the equivalent of v5 forex global provides you with similar s to the same credit card, and this is leverage role. 　　Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size (no more than a 1:10). 　　Trading Platform 　　What V5 Forex Global offers is the Tradingweb for PC and Tradingweb for mobile. 　　Payment Methods 　　The minimum deposit is $50, and the minimum withdrawal is $10.V5 Forex Global allows its clients to make a deposit and withdrawal through Credit Cards and wire transfer, and this broker says it does not charge any fees for deposit or withdrawals. 　　Customer Support 　　Contact this broker using the following methods if you have any questions or problems with your trading: 　　Online Chat 　　Telephone: +44 7494 183618 　　Registered Company Address: 1312 17th St, Denver, CO 80202, United States 　　Risk Warning 　　Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

Los Mejores Robots de Forex en 2023 All products and services featured are independently selected by WikiJob. When you register or purchase through links on this page, we may earn a commission.To get more news about costra-fx review, you can visit wikifx.com official website. Si buscas convertirte en un trader de forex con mayor rentabilidad, o estás iniciándote y necesitas cierta orientación, nuestra reseña de los mejores robots de forex te ayudará a encontrar cuál es el adecuado para ti. Los robots de forex utilizan un algoritmo para buscar operaciones rentables. Normalmente, puedes configurarlos para operar de manera automática (dentro de los parámetros acordados) o puedes introducir una operación manualmente. Para llegar a ser un trader exitoso, tendrás que ser capaz de mantenerte al día con movimientos de los mercados de divisas, la economía mundial y las noticias, así como también necesitarás hacer uso de los conocimientos y datos históricos para predecir cuándo es el mejor momento para entrar o salir de una operación. Al utilizar un robot de forex, automatizas esto y dejas lo emocional fuera del trading. Algunos de los mejores robots operan con ajustes de operación que pueden ser tan simples o complejos como se requiera, y toman el control total del proceso, creando la posibilidad de un ingreso pasivo del trading 24/7. Los robots de forex no necesitan que tengas conocimientos o experiencia en el trading. La mayoría de ellos están listos para ser utilizados desde su instalación y ofrecen de todo, desde una funcionalidad básica de trading hasta una configuración totalmente programable, por esta razón, hasta un trader que tenga bastante experiencia puede beneficiarse de la automatización involucrada. En el trading de forex no hay garantía de ganancias, el mercado puede ser volátil y hasta los robots más sofisticados (o el trader humano de forex más experimentado) pueden perder mucho dinero. Si estás buscando un robot de forex, ten cuidado con los que dicen ofrecer enormes ganancias y no pueden proporcionar ejemplos en tiempo real de su rendimiento. Las reseñas de los usuarios siempre son una buena opción, al igual que las páginas web fiables de valoraciones. Dejando a un lado las reseñas de los usuarios, échale un vistazo al uso en tiempo real de los brokers. Los sitios de verificación de terceros como myfxbook.com son siempre una buena opción para ver cómo están funcionando. Los robots deben probarse. El utilizar los datos históricos para ver cómo van (lo que se conoce como backtesting) mostrará dónde tienen dificultades para predecir las tendencias y dónde funcionan bien. Evidentemente, nos encontramos con muchas estafas en Internet y evitarlas puede resultar complicado. Aunque se han tomado todas las precauciones posibles para garantizar que los productos que se mencionan en la lista no son una estafa, no podemos asumir ninguna responsabilidad por las pérdidas financieras. En WikiJob, no somos asesores financieros, y cualquier información proporcionada a lo largo de este artículo es simplemente para fines educativos. Siempre recomendamos que realice su propia investigación exhaustiva y la debida diligencia antes de tomar una decisión. Lo más importante que debes recordar a la hora de elegir un producto es que no hay garantías con respecto a las ganancias en el trading de forex y criptomonedas. Debes evitar sitios que te aseguren ganancias sin ningún tipo de garantía de devolución de dinero, muchos de los robots más populares ofrecen al menos 60 días de trading y un reembolso completo, lo que hace que parezcan menos probables de ser una estafa.

Startrader Review: Pros, Cons, And How It Compares This Startrader review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Startrader to give you the most comprehensive guide available.To get more news about startrader review, you can visit wikifx.com official website. Startrader is a world class broker that was founded in 2011. They have around 113 staff that help the company provide forex, cryptocurrencies, commodities, indices, shares, metals, to 500,000 + clients through MT4, MT5 and Web Trader.If you are a new entrant in the world of online trading and brokerages, so many facts will no doubt be confusing for you. Getting into the area of trading online requires expert analytical skills and comprehensive understanding. You will acquire proficient at all the concepts of trading online and brokerages as you keep trading. For starters, you have to select the right agent who'll constantly be transparent with you. In the fast-paced world of financial markets and online trading, you'll need guidance to make correct decisions. A professional, direct investment plan could aid you in minimising any potential losses and maximising any returns. Startrader is just one such stage which will help you. It's important to know all you can about any broker before you trust them with your cash. Our full Startrader review for beginners covers all you will need to know about trading via Startrader. A fantastic broker can take your first investments and help to protect it from losses but also provide you a platform that can help to give you profits. If you would like to earn profits, you must trade with a broker service that aligns with your investment goals. Of course, there is no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you select them. It's a common misconception that all brokers will be the same, but that's not true. Wrong judgment, initially, can set your investments in danger. Startrader is a trading partner which has found its way successfully to the broker world. Within this review, we have attempted to collate some of the vital facets of Startrader. This guide will help you to understand whether Startrader is a great fit for your investments or not. We've tried to breakdown all of the features and fees for your advantage. Who are Startrader? Startrader is a online trading broker headquartered in Hong Kong and provides a variety of instruments for online trading. Since its start in 2011 they have emerged as a top-tier player in the field of online trading. Startrader includes a highly aggressive and full-featured trading website that is focused on currency, indices, metals, stocks and commodities. Over the past 12 years, Startrader has developed into one of the top online brokers available to the public. After launching in 2011, their client base has increased to 500,000 + clients. Startrader is the favourite for many traders because of its negative balance protection. Our Startrader account review discovered that they're a reputable solution for online trading solutions. They're best suited for investors who are looking for a variety of assets. Social and easy to use trading solutions are the core at Startrader. Technology plays a substantial role at Startrader. They features trading on MT4, MT5 and Web Trader. Startrader is honest, transparent, and a well-regulated broker by the Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA). Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house research. The creators of Startrader are famous for their expertise in the world of online trading. However, there are a lot of other key men and women at Startrader who have a substantial contribution to it's success. The trader resource department at Startrader is quite enlightening for new traders since it allows them to have a closer look at the financial markets. Startrader caters to all types of traders and are a must-have broker for any well-diversified approach to trading.

Vonway Forex review – Is vonwayforex.com scam or good forex broker? Vonway Forex is a broker that desperately tries to appear legitimate – and it would work, had we not seen hundreds like it before. Offshore brokers that have no regulation probably make up the majority of companies that deal with CFDs. This is why, before investing with Vonway Forex or anyone else, you should as yourself the following question:To get more news about vonway review, you can visit wikifx.com official website. Is Vonway Forex a legitimate broker? Very much not so – the broker is not licensed to be dealing with CFDs by anyone. They are also registered in one of the shadiest jurisdictions on the planet – St. Vincent and the Grenadines. Here is the broker stating that, so you don’t have to take our word for it: What makes St. Vincent such a bad place for a broker to be originating from is the fact that the island nation’s government has published a statement outlining that it straight up refuses to regulate the Forex market in the country. This has made it into a real haven for scammers of all kinds that have taken residence there. Compare this lack of regulation to the UK – Britain has created a special government body with the task of overseeing the markets. This body is the FCA, and it has set a whole host of comprehensive rules in place that prevent abuse from taking place – like brokers having to have over 730 000 euro in liquid capital, participate in guarantee funds and reporting back on a daily basis on open and closed trades. There are more regulations, of course, but the point we are trying to make is that they ensure that brokers do not go under after a bad turn of the markets or two, taking their clients’ fund with them. They also prohibit scammers from exploiting the markets and the traders on them for profits. This is why you should always stick to legitimate brokers and avoid ones like Vonway Forex. It is incredibly suspicious for the broker to have that as the entirety of their withdrawal fees section in their Terms. We cannot help but think that this means that Vonway Forex knows its fees are unacceptable and wants to get away with charging them by simply not letting its clients know what they are beforehand. It is also concerning that the broker issues bonuses: This practice has actually been outlawed in most of the world due to the fact that brokers use bonuses bound with some extra conditions to prevent withdrawals – for example, they will state that an account credited with a bonus must execute a certain volume before they withdraw – that is almost always an impossible amount. Vonway Forex provides a leverage of up to 1:500 – this is not surprising for an unlicensed broker – leverage has been capped over concerns of retail traders losing too much of their investment in most of the world. Of course, as Vonway Forex is not subject to regulation, it can offer high leverage with no regards of its clients’ funds.

ActivTrades Review Founded in Switzerland, ActivTrades has been around since 2001, which means it has more than two decades of experience in the fintech industry. The independent brokerage house started as a small firm, but it is now a global retail and institutional broker. In 2005, ActivTrades moved its HQ to London, and it began growing rapidly through Europe.To get more news about activtrades review, you can visit wikifx.com official website. ActivTrades offers a lot of benefits to its clients, including educational tools, rewards programs, competitive spreads, and the use of MetaTrader 4 and MetaTrader 5, two industry-leading platforms. Here are some of the awards that this broker has won for its high quality: Who Is ActivTrades Recommended For? With more than twenty years of experience in the broker industry, ActivTrades has worked with everyone. The educational tools are strong with this broker, and its customer service, as you can see from the awards list above, is top-notch. Both of these features indicated that this is a great broker for all traders, whether they are brand-new or highly experienced. Top ActivTrades Features ActivTrader Platform. This platform will be discussed further in the sections below, but one great feature of ActivTrades is that it has its own software. The proprietary platform has been enhanced, and it uses the latest tech and functionalities to create an in-depth trade experience. Exclusive Add-Ons. There are a range of add-ons to your platform choice, including: SmartOrder 2, SmartLines, SmartCalculator, SmartTemplate, SmartPlatform, SmartForecast, and the Pivot Points Indicator. Balance Protection. ActivTrades provides negative balance protection to its retail clients with its Balance Protection Policy. Webinars. There are plenty of webinars with this broker, and they are updated constantly. These webinars feature guest speakers and other experts who can help fill you in on the latest in trading. Easy Way to Withdraw. Withdrawing funds is easy with ActivTrades. There are no broker charges for using your debit/credit card, Neteller, Skrill, or Paypal, and the withdrawal can be done anytime, and it is usually carried out the same day or the next day, depending on what time you make the withdrawal. If you’re using a bank transfer, the fee is 9GBP, but the time frame is the same as with the other payment methods. ActivTrades Compliance & Regulation ActivTrades is regulated by a few oversight bodies. ActivTrades Corp. is regulated by the SCB (Securities Commission of the Bahamas). Its registration number is 199667 B. The broker is a subsidiary of ActivTrades PLC, which is regulated by the FCA (Financial Conduct Authority). Its FCA registration number is 434412. ActivTrades Reliability & Security You can tell a lot about a broker’s reliability by the platforms it uses. At ActiveTrades, the broker has both a proprietary platform and the MetaTrader suite. There is also a selection of “Smart” add-ons that can enhance your trade experience and make your trading smooth-running. Briefly below is the overview of the platforms offered: ActivTrader: You can access the financial markets and trade more than 1,00 CFDs with ActivTrader, ActiveTrades’ proprietary platform. The platform has features like progressive trailing stops, trailing stops, hedging, market sentiment, and charts, and you can try a free demo with ActivTrader before you commit. MetaTrader 4: This industry-standard is one of the world’s most popular and most trusted Forex trading platforms. MT4 lets you trade with advanced tech, unique tools, access to expert advisors, indicators, and more. MetaTrader 5: MT5 is the enhanced version of MT4, and not every broker offers it. The fifth installment of the MetaTrader suite comes with a host of new features and indicators to make trading more precise and professional. You can access over 500 stock CFDs and ETFs, as well as everything MT4 offers. With these platforms come the “Smart” add-ons. These tools include SmartOrder 2, SmartLines, SmartCalculator, SmartTemplate, SmartPlatform, SmartForecast, and the Pivot Points Indicator. These apps have been developed by ActivTrades, and they are used to enhance your trade experience. For example, SmartOrder 2 increases your speed and improves your position-management process. All of these features are exclusive to ActivTrades, and they help make trading more efficient.

XTrend Speed Review 2023 Founded in 2016, XTrend Speed offers trading in forex, indices, commodities, stocks and cryptocurrencies. The company provides services via Rynat Capital (Pty) Ltd. (regulated by FSCA, a tier-2 regulator).To get more news about xtrend speed review, you can visit wikifx.com official website. The broker offers two platforms – the in-house XTrend Speed app and the widely popular MT4. With XTrend Speed, you can choose between two accounts – one based on the XTrend Speed platform, and another one based on the MT4 platform. XTrend Speed received high scores in the Platforms and Tools and Fees categories. The company’s Support received a low mark. Who is XTrend Speed For? For beginner traders, XTrend Speed offers accounts with a minimum deposit of just $5. The low minimum deposit makes it easier for novice traders to make their first steps in the markets with real money. Real-money trading differs from demo trading due to the psychological pressure of having your own money at risk. The low minimum deposit allows traders to experience “real” trading with low risks. Advanced traders should note that XTrend Speed has a 3.5% withdrawal fee. How Do We Rate? When trading forex and CFDs, it is crucial to know a broker's strengths and weaknesses. That is why FX Empire developed its proprietary rating system. We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers. A total of 200 variables have been analyzed to help you choose your broker wisely. This chart describes all the categories we evaluated and rated. Each regulator has its requirements for brokers, which may differ materially. Traders need to understand these differences to evaluate whether the broker suits their needs. Rynat Capital (Pty) Ltd., which is regulated by FSCA, is also a member of the Investor Compensation Fund. Its clients will also benefit from the compensation scheme of up to €20,000. Traders should also focus on whether their funds are segregated from the firm’s funds. Such segregation ensures that clients’ funds are safe if a broker has financial problems. In XTrend Speed’s case, the broker offers segregated accounts, boosting traders’ protection. Negative balance protection is another important part of traders’ protection. In case a broker offers negative balance protection, its clients will not lose more money than they have in their accounts. Is XTrend Speed Safe to Trade With? XTrend Speed has been in the market for more than five years, indicating a stable operation. The broker is regulated by a Tier 2 regulator (FSCA). The broker offers segregated accounts and negative balance protection. All in all, traders will have sufficient protection when working with a broker that is regulated by a Tier 2 regulator. Stability and Transparency In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focused on how long the broker has been in business, the size of the company, and how transparent they are in terms of information being readily available. The broker’s website has all the important legal documents in one place, so traders have easy access to this essential information. At the same time, it should be noted that not all relevant information on fees or commissions is available in one place, and traders will have to search around the website or ask the support team. We cannot say that this information is “hidden”, but it is not always structured in the easiest way. Since we had to specifically search for information on commission and fees as it was not available in the comparison table between accounts, we have assigned a medium level of transparency to XTrend Speed. In addition, the broker’s website does not contain its business history, which also played a role in our decision.

Why do some investors feel upset about Veracity Markets? Founded in 2020, Veracity Markets is an online forex broker based in South Africa. It has two physical addresses: 155 West Street, Sandown, Sandton, 2031, and 80 Strand Street, Cape Town, 8000.To get more news about veracity markets review, you can visit wikifx.com official website. 　　Account Types& Minimum Deposit 　　This broker offers three different types of accounts to its clients. They are ECN accounts, Fixed accounts, and Standard accounts. The minimum deposit for this broker is $200. 　　Market Instruments 　　Veracity Markets offers investors 55 pairs of currency pairs and precious metals. 　　Leverage 　　Veracity Markets provides clients with a leverage of up to 1:500, which is considered high. High leverage can amplify the benefits as well as losses. We advise traders, especially inexperienced traders and newbies, to be aware of potential risks. 　　Spreads & Commissions 　　Spreads start from 1.6 pips for Standard accounts and 2 pips for Fixed Spread accounts, no commission is charged for Forex and Metals, spreads start from 0 pips for ECN accounts, and a commission of $7 per lot is charged for Forex and Metals. 　　Trading Platform 　　As we know so far, Veracity Markets uses the MT4 platform as its main trading platform. The MT4 is currently the most popular forex trading platform along with the MT5 on the market. With a user-friendly interface, powerful charting tools, a large number of custom indicators, MT4 is available for automated trading and EA trading, helping traders of all levels to develop different trading strategies and help traders to get ahead in the financial markets. 　　Deposit & Withdrawal 　　Veracity Markets supports traders to deposit and withdraw funds through various methods such and as bank transfers, credit/debit cards, popular electronic payment methods such as Neteller, Skrill, Fasapay, etc. 　　Regulation: Is Veracity Markets legit？ 　　What is a Legitimate License？ 　　The legitimate license is the business license issued by the financial regulatory institution of each country/region. 　　Holding a license means that the broker is recognized and regulated by the regulatory authority, therefore your money is under the protection to some extent. 　　Whether a forex brokerage firm holds a legitimate license or not is one of the important factors to evaluate the reliability of forex brokers. 　　The content of the regulation and the difficulty of obtaining a license vary with the country and agency issuing the license. 　　According to WikiFX, Veracity Markets is not regulated. The FSPR with license number: 40983 and FSCA with license number: 4701 claimed by this broker are suspicious clones. 　　Latest News : Vercacity Markets recently has been suspended by the Financial Sector Conduct Authority(FSCA) 　　The Financial Sector Conduct Authority(FSCA) is a South Africa-based regulator that ensures financial service providers follow its strict rules. Its goal is to protects the legitimate rights and interests of the investors from scammers. 　　Recently, Veracity Markets has been accused of withdrawal refusal. Many traders lost the control of their funds after investing in Veracity Markets. In addition, some investors expose that this broker has caused sever slippage. Veracity Markets filed for liquidation and bankruptcy last year. This broker is suspected to encourage money to come into its account while limiting money to return back to clients. Thus, due to a notorious reputation of Veracity Markets in recent months, FSCA decided to suspend Veracity Markets. On July 1, Veracity Markets issued a statement on this matter on Facebook. In the statement, Veracity Markets maintained its committed to complying with FSCA. It claimed to cease conducting any new business immediately. You can find more details from the statement below.