Verbo Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://account.verbocapitalmarket.com/#/user/register?code=T00001, about the company's legal and temporary regulatory information, the company's address FIRST FLOOR KILDARE CENTRE CNR KILDARE ROAD AND MAIN STREET NEWLANDS WESTERN CAPE 7700, SOUTH AFRICA.
Verbo Capital (Pty) Ltd, established in 2024, positions itself as a financial services provider in the forex trading sector. The company operates primarily through its website, verbo-fx.com, although specific details regarding its headquarters or main office location remain undisclosed. Verbo Capital is a privately held entity, suggesting that it is not publicly traded and operates independently.
The broker aims to cater to a diverse clientele, including retail traders and institutional investors, providing a range of trading services and products. Since its inception, Verbo Capital has sought to establish a presence in the competitive forex market, although it has faced scrutiny regarding its regulatory compliance and operational transparency.
As a forex broker, Verbo Capital's business model includes offering trading services in various financial instruments, primarily focusing on retail forex trading. The company has made strides in its development, but it has also encountered significant challenges, particularly related to regulatory oversight and customer service issues.
The relationship with any parent company or group remains unclear, and its operational history is still in its formative stages, with limited milestones reported. Overall, Verbo Capital presents itself as a broker aimed at facilitating forex trading, yet potential clients are advised to exercise caution and conduct thorough research before engaging with the platform.
Verbo Capital is currently under scrutiny for its regulatory status. The Securities and Futures Commission (SFC) of Hong Kong issued a warning regarding Verbo Capital (Pty) Ltd on December 20, 2024, indicating that the broker is operating without the necessary regulatory approvals. This warning raises significant concerns about investor protection and compliance with legal standards.
The regulatory number associated with Verbo Capital remains unspecified in the available sources, and the broker does not appear to hold a valid license from recognized financial authorities such as the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC). As a result, the broker's operations may lack the oversight typically expected from licensed entities.
Verbo Capital has not provided clear information regarding the segregation of client funds, which is a critical aspect of investor protection. The absence of participation in an investor compensation fund further exacerbates the risks associated with trading on this platform.
In terms of compliance, it is unclear whether Verbo Capital implements effective Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, which are essential for ensuring the legitimacy of client activities and preventing fraudulent practices. Overall, the lack of regulatory oversight and compliance raises significant red flags for potential investors, emphasizing the need for caution when considering the Verbo Capital broker.
Verbo Capital offers a diverse range of trading products, primarily focusing on forex currency pairs. The platform provides access to a variety of major, minor, and exotic currency pairs, although the exact number of available pairs is not specified in the available information.
In addition to forex trading, Verbo Capital also offers Contracts for Difference (CFDs) across several asset classes, including indices, commodities, stocks, and cryptocurrencies. However, details on the specific categories of CFDs and any unique trading products offered by Verbo Capital are limited.
The broker appears to update its product offerings periodically, yet there is no detailed information about the frequency of these updates or the introduction of new trading instruments. Verbo Capital primarily caters to retail traders, providing them with the necessary tools to trade various financial assets.
While institutional services may be available, specific details regarding these offerings, including white label solutions or asset management services, are not disclosed. Overall, Verbo Capital's trading products and services seem to reflect a standard forex broker model, but potential clients should be aware of the associated risks given the broker's regulatory status.
Verbo Capital supports the widely used MetaTrader 5 (MT5) trading platform, which is known for its robust features and user-friendly interface. However, there is no indication that the broker offers its proprietary trading platform, which could enhance the trading experience for its clients.
The broker's website suggests that it provides a web-based trading platform, allowing access to trading services without the need for extensive software downloads. Additionally, there is no mention of mobile application support for iOS or Android devices, which may limit trading flexibility for users who prefer mobile trading solutions.
Regarding execution models, Verbo Capital does not clearly specify whether it operates on an ECN, STP, or Market Making basis, which is crucial for understanding how trades are executed and the associated costs. The technical infrastructure, including server locations and speed, is not detailed in the available information, leaving potential clients in the dark about the broker's operational efficiency.
Furthermore, there is no mention of API access or support for automated trading, which are essential features for many algorithmic traders. Overall, while Verbo Capital utilizes the MT5 platform, the lack of detailed information about its trading technology and execution practices may raise concerns for potential clients.
Verbo Capital offers various account types, although specific conditions for each account type are not extensively detailed in the available sources. The standard account is expected to have minimum deposit requirements, spreads, and commission structures; however, exact figures are not provided.
Advanced account types, such as VIP or professional accounts, may be available, but details regarding their specific benefits and requirements are lacking. Additionally, the broker may offer special account types, including Islamic accounts or corporate accounts, though this information is not confirmed.
The availability of a demo account for practice trading is not mentioned, which could be a disadvantage for new traders looking to familiarize themselves with the platform before committing real funds.
Leverage ratios offered by Verbo Capital are also unspecified, and potential investors should inquire about the leverage available for different products. The minimum trade size and overnight fees are not detailed in the available information, which may impact trading strategies and overall costs for clients.
Verbo Capital supports several deposit methods, including bank transfers, credit cards, and e-wallets, although specific details on each method are not provided. The minimum deposit requirements may vary based on the account type, but precise figures are not disclosed.
Processing times for deposits are not specified, which could lead to uncertainty for clients looking to fund their accounts quickly. Information regarding deposit fees is also lacking, making it difficult for potential clients to understand the full cost of initiating a trading account.
Withdrawal methods and any associated restrictions remain unclear, along with the processing times for withdrawals. The absence of detailed information on withdrawal fees further complicates the transparency of fund management practices at Verbo Capital.
Overall, the lack of clarity regarding fund management processes, including deposits and withdrawals, raises potential concerns for clients regarding the accessibility of their funds and the overall transparency of the broker's financial operations.
Verbo Capital provides various customer support channels, including telephone, email, and potentially online chat options. However, specific details regarding the availability of these channels and their operational hours remain unclear.
The broker's service time and timezone coverage are not specified, which could impact clients in different regions seeking assistance. Additionally, the languages supported by Verbo Capital are not detailed, making it difficult to ascertain whether the broker can effectively serve a diverse clientele.
In terms of educational resources, it is unclear whether Verbo Capital offers webinars, tutorials, or e-books to assist traders in enhancing their knowledge and skills. Market analysis services, such as daily analyses, news updates, or research reports, are also not mentioned, which may limit the support available to traders seeking to make informed decisions.
Trading tools, including calculators, calendars, or signal services, are not specified, which could further impact the trading experience for clients. Overall, the lack of detailed information on customer support and educational resources may be a significant drawback for potential clients considering the Verbo Capital broker.
Verbo Capital primarily serves clients in various regions, although specific details regarding its main service markets are not provided. The distribution of regional offices is also unclear, limiting transparency regarding the broker's global footprint.
Certain countries or regions may be excluded from accessing Verbo Capital's services, but specific details on these restrictions are not available in the current information. Additionally, any special restrictions or limitations related to specific products or services remain unspecified.
Overall, potential clients should be aware of the possible limitations on service availability and ensure that they are eligible to trade with Verbo Capital before proceeding with account creation.
In conclusion, while Verbo Capital presents itself as a forex broker with various trading opportunities, potential clients are strongly advised to conduct thorough research and consider the regulatory warnings associated with this broker. The lack of transparency in several critical areas raises significant concerns about the safety and security of investing with Verbo Capital.
DMD
Vietnam
The deposit/withdrawal operation was ok for the first 3 months, but come April, it redirects to a different webpage asking for login, and the previous login details for Verbo no longer worked. Now, I have no idea where the deposited money went!
Exposure
05-02
FX2492556260
Vietnam
Scam platform, they shut down the website and then reopened, deleting user accounts and not allowing users to withdraw funds.
Exposure
05-01
FX2492556260
Vietnam
The platform is a scam, deleting user accounts, and not allowing users to withdraw money.
Exposure
05-06