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Global Broker Regulation & Inquiry App

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REGENESIS MARKETS

South Africa|2-5 years|
Suspicious Scope of Business|South Africa Financial Service Corporate Revoked|Suspicious Overrun|High potential risk|

https://regenesismarkets.com/

Website

Rating Index

Contact

+27(0) 10 446 9958
info@regenesismarkets.com
https://regenesismarkets.com/
26 BAKER STREET ROSEBANK JOHANNESBURG 2196

Licenses

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

Single Core

1G

40G

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Contact number

English

+27(0) 10 446 9958

Other ways of contact

Broker Information

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Company Name

Regenesis Markets (Pty) Ltd

Abbreviation

REGENESIS MARKETS

Platform registered country and region

South Africa

Company website
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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • South AfricaFSCA (license number: 49977) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 49977)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

REGENESIS MARKETS · WikiFX Survey
Danger A Visit to REGENESIS MARKETS in South Africa - No Office Found
South Africa

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REGENESIS MARKETS · Company Summary

General Information & Regulation

Regenesis Markets are an online provider of CFDs, single stock futures, commodities, and other financial products, with offices in South Africa, Nigeria, Mauritius, Kenya, and Malta. Regenesis Markets claim it is egulated by the Financial Sector Regulatory Authority in South Africa (regulation number: 4997), however, this license is suspected to be clone one.

Market Instruments

Regenesis Markets provide traders with a range of financial instruments, including currency pairs, indices, CFDs, metals, futures, energy, and cryptocurrencies.

Minimum Deposit

Regenesis Markets set up five types of accounts, which are MT4 demo trading account, MT4 live trading account, ProTrader demo trading account, ProTrader live trading account, MAM account. The basic requirement for traders to open a live account is $50.

Regenesis Markets Leverage

In terms of trading leverage, Regenesis Markets provide two types of leverage options: one is 1:100, the other is 1:500. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

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Spreads & Commissions

The spreads offered by Regenesis Markets for EURUSD are between 0.1 pips and 0.3 pips, which is almost unbelievable. If the REGENESIS MARKETS platform's spreads are really so low, then the broker will not be profitable. This is probably just a ruse to attract new clients.

Trading platform

Regenesis Markets provide traders with three trading platforms to meet the trading needs of different traders, which are currently the most popular MT4 trading platform, ProTrader trading platform, MAM account trading terminal.

Deposit & Withdrawal

Regenesis Markets support traders through a variety of payment methods, such as VISA / MasterCard, Maestro, Skrill, Neteller, wire transfer, PayFast, etc., to their investment accounts for deposit and withdrawal.

Customer Support

Regenesis Markets provide traders with a knowledgeable customer support team that is available 24/5 to respond to their trading inquiries. They can be reached through the following contact channels: telephone, email, online form, social media, and Live Chat.

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