Score

1.52 /10
Danger

Brisen

South Africa

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.07

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Brisen · Company summary
Brisen Review Summary
Founded 1996
Registered Country/Region South Africa
Regulation No Regulation
Services Agricultural commodity trading services
Demo Account Unavailable
Customer Support Phone Number: +27 12 640 1600
Fax: +27 86 501 3304 / 3635
Email: reception@brisen.co.za
Address: 120 River road, Lyttleton Manor X3, Centurion PO Box 3056, Lyttleton South, 0176, South Africa
Contact form

What is Brisen?

Brisen is an unregulated company based in South Africa that offers agricultural commodity trading services. These services include physical trading of various agricultural commodities such as maize, wheat, soybeans, sorghum, and sunflower seed, as well as hedging, broking, financing, market analysis, and consulting services. Brisen facilitates transactions on the Johannesburg Stock Exchange (JSE) Commodities Exchange (SAFEX) and provides customer support through multiple channels.

Brisen's homepage

Pros & Cons

Pros Cons
  • Wide range of agricultural commodity trading services
  • Lack of regulatory oversight
  • Comprehensive customer support through various channels
  • Flexible trading options offered

Pros:

  • Wide range of agricultural commodity trading services: Offers a wide range of agricultural commodity trading services, including physical trading, hedging, broking, financing, market analysis, and consulting.

  • Comprehensive customer support through various channels: Provides comprehensive customer support through various channels, including phone, fax, email, and physical address.

  • Flexible trading options offered: Facilitates spot and forward trading, ex-silo, ex-farm, and mill-door delivered transactions, offering flexibility to clients.

Cons:

  • Lack of regulatory oversight: Lack of valid regulation raises concerns about safety, legitimacy, and consumer protection.

Is Brisen Safe or Scam?

Brisen currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.

No license

Services

  • Physical Trading of Agricultural Commodities: Brisen facilitates the buying and selling of various agricultural commodities such as white and yellow maize, wheat, soybeans, grain sorghum, and sunflower seed. This involves the actual transfer of these commodities from sellers to buyers.

  • Hedging on the JSE Commodities Exchange (SAFEX): Brisen assists clients in managing their price risks by engaging in hedging activities on the Johannesburg Stock Exchange (JSE) Commodities Exchange, specifically through the South African Futures Exchange (SAFEX).

  • Broking on SAFEX: Brisen acts as an intermediary on behalf of clients, executing transactions on the SAFEX platform. This involves facilitating trades between buyers and sellers in the commodities market.

  • Financing of Grain Purchases and Sales: Brisen provides financial assistance to clients involved in the buying and selling of grains.

  • Market Commentaries and Analysis: Brisen offers insights, analysis, and commentary on agricultural commodity markets. This service helps clients stay informed about market trends, price movements, and other factors influencing commodity trading.

  • Consulting Services: Brisen provides advisory services to clients seeking guidance on various aspects of agricultural commodity trading.

Services

The physical trading aspect involves various types of transactions:

  • Spot and Forward Trading: Brisen facilitates both spot trading (immediate delivery) and forward trading (delivery at a future date) of grain commodities.

  • Ex-Silo and Ex-Farm Trading: Transactions can occur directly from storage silos or farms, indicating the origin of the commodities being traded.

  • Mill-Door Delivered Transactions: This involves delivery of commodities directly to milling facilities.

physical trading

Customer Service

Brisen provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Phone Number: +27 12 640 1600

  • Fax: +27 86 501 3304 / 3635

  • Email:reception@brisen.co.za

  • Address: 120 River road, Lyttleton Manor X3, Centurion PO Box 3056, Lyttleton South, 0176, South Africa

  • Contact form

contact details

Conclusion

In conclusion, while Brisen offers a comprehensive range of agricultural commodity trading services and has been established in the industry for a considerable amount of time, the lack of valid regulation raises significant concerns about safety, legitimacy, and adherence to industry standards. Clients should carefully consider these factors before engaging with the company.

Frequently Asked Questions (FAQs)

Q 1: Is Brisen regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does Brisen offer demo accounts?
A 2: No.
Q 3: What services does Brisen offer?
A 3: It offers a wide range of agricultural commodity trading services including physical trading, hedging, broking, financing, market analysis, consulting, etc.
Q 4: Is Brisen a good broker for beginners?
A 4: No. It is not a good choice for beginners because of its unregulated condition.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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