Regarding the legitimacy of WARANA forex brokers, it provides ASIC and WikiBit, (also has a graphic survey regarding security).
Is WARANA safe?
Company Profile
Is WARANA markets regulated?
Latest Reviews
Regulated by ASIC, providing a level of oversight. Offers a range of market instruments including equities, bonds, forex, commodities, and derivatives. Maximum leverage of 1:500 on forex trades, allowing for amplified trading positions.
Negative field survey reviews raise concerns about the legitimacy and reliability of the broker. Exceeds the business scope regulated by ASIC, indicating potential operational risks. Inactivity fees apply for accounts with balances below $100, and a demo account is not available.Is WARANA markets regulated?
The regulatory license is the strongest proof.
ASIC Inst Forex Execution (STP)
Australia Securities & Investment Commission
Australia Securities & Investment Commission
Current Status:
UnverifiedLicense Type:
Inst Forex Execution (STP)
Licensed Entity:
WARANA CAPITAL PTY LIMITED
Effective Date:
2017-07-17Licensed Entity Email:
--Sharing Status:
No SharingLicensed Entity Website:
--Expiration Time:
--Licensed Entity Address:
WARANA CAPITAL PTY LIMITED, Level 12, 124-130 PiTT STreeT SYDNEY NSW 2000Licensed Entity Phone:
--Licensed Institution Certified Documents:
WARANA Similar Brokers Safe
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
WARANA latest industry rating score is 1.58, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.58 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.