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REGENESIS MARKETS Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract: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 is currently regulated by the Financial Sector Regulatory Authority of South Africa FSCA (regulation number: 4997).

  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.

Related broker

No Regulation
REGENESIS MARKETS
Company name:Regenesis Markets (Pty) Ltd
Score
1.51
Website:https://regenesismarkets.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Financial Service Corporate
Score
1.51

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