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Regarding the legitimacy of WARANA forex brokers, it provides ASIC and WikiBit, (also has a graphic survey regarding security).

Is WARANA safe?

Unverified
WARANA

Rating Index

This rating is sourced from logo

Company profile

Aspect Information Registered Country/Area Australia Founded Year Not specified Company Name WARANA CAPITAL PTY LIMITED Regulation Regulated by Australia Securities & Investment Commission (ASIC) Mini
Pros&Cons

Is WARANA markets regulated?

Is WARANA a scam, or is it legit?

Latest Reviews

Pros
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.
Cons
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.

Inst Forex Execution (STP)

ASIC Inst Forex Execution (STP)

Australia Securities & Investment Commission

Australia Securities & Investment Commission

Regulatory Agencies Introduction
  • Current Status:

    Unverified
  • License Type:

    Inst Forex Execution (STP)
  • Licensed Entity:

    WARANA CAPITAL PTY LIMITED WARANA CAPITAL PTY LIMITED
  • Effective Date:

    2017-07-17
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    WARANA CAPITAL PTY LIMITED, Level 12, 124-130 PiTT STreeT SYDNEY NSW 2000
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name

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.

WARANA safe