Veracity Markets Review For Beginners

A step by step tutorial on Veracity Markets' offerings including their accounts, spread fees, trading applications and more.

This Video Overview Includes:

📢 Trading products
📢 Account types
📢 Trading platforms
📢Opening an account
📢 Educational resources
📢 And more...

0:25 Overview
2:24 Trading platforms
3:14 Account types
5:06 Opening an account
6:56 Conclusion

Read our Video Script:

Veracity Markets is a newly-launched, proudly South African Forex broker that was founded in 2020. They are regulated by the FSCA and all client funds are held in a segregated account separate from the company’s funds. As a client of Veracity Markets, you will be able to choose from 3 types of accounts that you can use to trade over 250 instruments on the MT4 platform. Veracity Markets guarantees immediate deposits and withdrawals, with ultra-low spreads and negative balance protection. The website can be viewed in 20 languages and customer support is available 24 hours a day. Veracity does not currently offer any educational resources, but they do offer competitive trading conditions and there are plenty of resources online that can be used to help you learn how to trade and how to use the MetaTrader platforms - so don’t be discouraged if you’re a beginner - you can practice on a demo account as you learn and there are many benefits to trading with Veracity Markets!

Veracity Markets offers 3 types of trading accounts and clients have the option of converting their accounts to swap-free accounts or practicing on demo accounts. The first account type you can open with Veracity Markets is the Standard account. This is a commission-free STP account that offers floating spreads from 1.6 pips and liquidity from 22 banks. Your account is protected by Negative balance protection and a proprietary automated Risk Management System. The minimum opening deposit on the Standard account is 250 USD and a swap-free conversion is available. The next account that you can open as a Veracity Markets client is the Fixed account. With this account, you can enjoy professional trading conditions and prioritized customer support. This account is designed for professional and institutional traders and comes with 24-hour dedicated support and Account Management services. You will also have the option of converting your account to a swap-free account if you meet the requirements. This account charges no commission fees and requires a minimum deposit of 250 USD. The third account type that is offered by Veracity Markets is the ECN account, which offers ultra-low spreads starting at 0 pips and no re-quotes are guaranteed. When trading with this account, a small commission fee is charged but the tight spreads make up for that. The ECN account cannot be converted to a swap-free account, but the minimum deposit for this account is also 250 USD and you can have an unlimited number of open positions at any given time.
With Veracity Markets you can trade using the Meta Trader 4 platform. MetaTrader 4 is currently one of the most popular trading platforms in the world. It was released in 2005 and this platform is renowned for its advanced analysis tools, technical indicators, customizable charts, EA support and more.

Veracity Markets is a reputable broker with competitive trading conditions and flexible accounts, and we highly recommend this broker for intermediate to advanced traders who enjoy using the MetaTrader 4 platform. Despite the lack of educational material provided, it does not mean that Veracity Markets is not a beginner-friendly broker because there are plenty of resources available online that you can use with your demo account to learn how to trade and you will benefit from 24-hour customer support, low fees and competitive trading conditions.

#VeracityMarkets #VeracityMarketsReview #VeracityMarketsforbeginners