Veracity Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-19 18:30

Abstract：Veracity Financial Services is a relatively new financial services company in India that specializes in trading in currency derivatives and equity markets. It positions itself as a technologically advanced and growth-focused company.

Veracity Review Summary
Registered Country/Region	India
Regulation	Unregulated
Market Instruments	Equity, Commodity, Currency
Demo Account	N/A
Leverage	N/A
Spread	N/A
Trading Platform	N/A
Min Deposit	N/A
Customer Support	Telephone: 079 68171800
	Fax: 079 68171801
	Email: support@veracityfs.co.in
	Address: 301 Ashirwad Paras, Corporate Road, Prahaladnagar, Ahmedabad- 380015, Gujarat - India
	Twitter, Facebook, and YouTube

Veracity Information

　　Veracity Financial Services is a relatively new Indian financial services company specializing in currency derivatives and equity markets. It positions itself as technologically advanced and growth-focused, but it lacks proper regulation. Reports of slippage have also been associated with the platform.

Pros & Cons

Pros	Cons
A variety of financial instruments like equity, commodities, and currency derivatives	Lack of regulation
Multiple customer support	Funding options only support cheque and online transfer

Is Veracity Legit?

　　Veracity Financial Services does not appear to have any of the financial authorities backing it up. There is no data regarding its registration with major regulatory bodies like FCA or ASIC. Such absence of regulations should concern a trader most when thinking about investments and their security measures.

　　Furthermore, slippages are also reported, which further puts the question of reliability and effectiveness of the platform into the spotlight.