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No Regulation
Score
1.53 /10
Danger
Brisen
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.15
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!
Previous Detection :
2024-12-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Brisen Review Summary | |
| Founded | 2015 |
| Registered Country/Region | South Africa |
| Regulation | Unregulated |
| Market Instruments | Physical commodities including white and yellow maize, wheat, soyabeans, grain sorghum and sunflower seed |
| Customer Support | Contact form |
| Tel: +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 | |
Brisen commodities provide various agricultural commodity trading services to the end users and producers of agricultural commodities. Brisen facilitates transactions on the Johannesburg Stock Exchange (JSE) Commodities Exchange (SAFEX). However, it has no regulations currently.
Pros and Cons
| Pros | Cons |
| Wide range of commodities products | Unregulated |
| Limited info on trading conditions |
Is Brisen Legit?
Brisen currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. The domain name was registered on February 18, 2015, and its current status is “ok”.
What Can I Trade on Brisen?
Brisen offers physical trading of agricultural commodities, more specifically, white and yellow maize, wheat, soyabeans, grain sorghum and sunflower seed.
Besides, it also offers hedging of agricultural commodities on the JSE Commodities exchange (Safex), and serves broking on behalf of clients on Safex, and financing of grain purchases and sales, supporting market commentaries and analysis and consulting services. Physical trading includes spot and forward trading of grain.
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