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REGENESIS MARKETS -

Score

1.48 /10
Danger

REGENESIS MARKETS

South Africa

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

South Africa Financial Service Corporate Revoked

Suspicious Overrun

High potential risk

https://regenesismarkets.com

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.80

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

Regenesis Markets (Pty) Ltd

Company Abbreviation

REGENESIS MARKETS

Platform registered country and region

South Africa

Company website

Facebook

Instagram

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-16
  • 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!

WikiFX Survey

Danger

REGENESIS MARKETS

South Africa

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
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.

User Reviews

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User comment

3

Comments

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FX1073042410
more than one year
¡Me han estafado casi $10,000! Rechazaron mi solicitud de retiro por varias razones. También pretendo congelar mi cuenta para investigar mi supuesto comportamiento sospechoso.
¡Me han estafado casi $10,000! Rechazaron mi solicitud de retiro por varias razones. También pretendo congelar mi cuenta para investigar mi supuesto comportamiento sospechoso.
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2022-11-28 10:15
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李志霞无限极4134
more than one year
“Looks Like This Domain Isn't Connected To A Website Yet!”, what a pity that I even can’t access their website. Their URL seems to be missing. Have they changed their website address? Or did they just shut down their website for avoiding the debt collectors?
“Looks Like This Domain Isn't Connected To A Website Yet!”, what a pity that I even can’t access their website. Their URL seems to be missing. Have they changed their website address? Or did they just shut down their website for avoiding the debt collectors?
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2022-11-25 10:18
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