Review summary
VeracityFX, operating as Veracity Wealth (Pty) Ltd, is a forex broker registered in Japan with 2-5 years of market presence. According to WikiFX data, the entity holds no verified regulatory licenses for forex trading. An FSCA Derivatives Trading License (EP) attributed to the holding company NEEX (PTY) LTD in South Africa is listed as 'Unverified' and thus not considered a valid authorization. With a WikiFX score of 1.39, reflecting minimal regulatory and operational compliance, the broker presents a significant absence of credible financial oversight. Public user exposure highlights repeated issues regarding fund withdrawals and platform integrity. Trading is facilitated via MetaTrader 5, with account minimums starting at $1 and leverage offered up to 1:500. The overall profile indicates a highly speculative entity lacking the protections typically afforded by established regulatory frameworks. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-04)
yamato999
Japan
They are designed to cheat people, they don't let you withdraw your money, they are doing ETFs with the money of the people who deposited! It's truly a vice! Many people have been affected!
Exposure
殿下6811
Japan
When I requested a withdrawal, it was refused. I don't understand why. I haven't heard anything about withdrawal limits.
Exposure
殿下6811
Japan
The first withdrawal went well. However, if the amount is too large, they won't let me withdraw money. Is this also a scammer?
Exposure
Erik Bakker
Australia
Offers the MetaTrader 5 platform. No proprietary platform option.
Neutral
Qutancl
Belarus
Solid app, solid experience, would definitely recommend, very easy to use and work with, had no issues whatsoever.
Positive