Veracity -Some important Details about This Broker

Veracity | 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.

What Can I Trade on Veracity?

Veracity offers a variety of products across different markets, like equity, commodity, currency.

Tradable Instruments	Supported
Equity	✔
Indices	❌
Shares	❌
Metals	❌
Commodities	✔
ETFs	❌
currency	✔
Bonds	❌
CFDs	❌
Futures	❌

Deposits & Withdrawals

Deposit Options

Deposit Options	Min. Deposit	Fees	Processing Time
Cheque	\	\	\
Online Transfer	\	\	\

Withdrawal Options

Withdrawal Options	Min. Withdrawal	Fees	Processing Time
Cheque	\	\	\
Online Transfer	\	\	\

Leverage Broker Commission Currency Pair Dealer

Related broker

No Regulation

Veracity

Company name：Veracity Financial Services Pvt Ltd

Score

1.53

Website：https://www.veracityfs.co.in

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.53

Why is there so much exposure against PrimeX Capital?

In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.

Original 2024-12-25 18:24

WikiFX Review: Something You Need to Know About Markets4you

Markets4you, is a global forex broker launched in 2007. It was established in the British Virgin Islands. This broker offers its global traders various market instruments.

Original 2024-12-23 17:49

MultiBank Group Wins Big at Traders Fair Hong Kong 2024

Discover how MultiBank Group, a global leader in financial derivatives, secured three prestigious awards at Traders Fair Hong Kong 2024, highlighting its innovative trading solutions and industry excellence.

Original 2024-12-20 15:19

Doo Financial Expands Reach with Indonesian Regulatory Licenses

PT. Doo Financial Futures, a subsidiary of the global financial services brand Doo Group, has secured regulatory approval from Indonesia’s Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI).

Original 2024-12-19 17:59