Execution policy

Execution policy

At Veracity Markets execution quality is crucial. We foster the ease and speed at which our clients enter the market at the best available market price. Thus we strongly oppose to any software or methods that undermine execution quality by aggressively re-quoting or rejecting clients’ orders. As ex-interbank dealers, we also know that inferior execution turns a profitable trading strategy into a losing one. Tight spreads only make sense if you can trade on them. In this respect, the Veracity Markets mission is to provide best execution possible.

  • 99.35% of all orders executed in less than 1 sec.
  • Strict NO re-quotes policy – NO Virtual Dealer plug-in.
  • 100% execution rate – no rejection of orders.
  • Real-time market execution.
  • Placing orders online or by phone.

With Perfect Execution

Veracity Markets has pioneered at introducing a no re-quotes and no rejection of orders policy since 2018. We offer 100% execution of orders with 99.35% of all our orders executed in less than 1 second.

Placing Orders

Our trading platform supports market, limit, stop and trailing stop orders, and you have the freedom to place orders at any time during trading hours. In case you prefer telephone trading and speaking directly to any of our dealers, at Veracity Markets this is also possible. Your position will remain open until the closing trade is executed; moreover, your account balance is updated real-time according to current market prices.

Fills on Market orders

At Veracity Markets you can trade 5 million with a simple click, as we guarantee fills on market orders up to 50 lots (5 million). However, if you intend to deal in an amount even bigger than this, you can either split up the order into smaller trade sizes, or request your full trade by telephone.

Fills on stop-loss and limit orders

At Veracity Markets we understand the importance of stop-loss and limit orders in risk management, this is why we guarantee fills on both such orders up to 50 lots at the best available market price.

Holiday and weekend execution

Should there any market gaps occur from a Friday close to a Sunday opening, Veracity Markets executes all pending limit or stop orders at the first available market price for the corresponding position size.

Volatile or illiquid market trading

Thanks to its alertness and business partnerships with various liquidity providers, Veracity Markets aims to serve you best even during volatile market conditions by executing orders at the best available market price.

Legal and Regulation

Veracity Markets (Pty) Ltd is incorporated in South Africa with registration number 2018/515174/07 and is a duly appointed juristic representative of Nirvesh Financial Services (Pty) Ltd with registration number 2014/214417/07, which is an authorised Financial Services Provider under the Financial Advisory and Intermediary Services Act No 37 of 2002 – FSP4701. The website www.veracitymarkets.com is operated by Veracity Markets (Pty) Ltd based in South Africa.

Clearing Services

Veracity Markets is an execution-only trading intermediary and makes use of regulated liquidity providers for clearing of its client trades.

High Risk Investment Warning

Online Trading consists of complex products that are traded on margin. Trading carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose. Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimise their level of exposure by requesting a change in leverage limit. For more information please refer to Veracity Markets Risk Disclosure.

Disclaimer

The content of this page is for information purposes only and it is not intended as a recommendation or advice. Any indication of past performance or simulated past performance included in advertisements published by Veracity Markets is not a reliable indicator of future results. The customer carries the sole responsibility for all the businesses or investments that are carried out at Veracity Markets.

Regional Restrictions

The information provided by Veracity Markets is not directed or intended for distribution to or use by residents of certain countries or jurisdictions including, but not limited to, United Kingdom, Australia, Belgium, France, Iran, Japan, North Korea and USA. The Company holds the right to alter the above lists of countries at its own discretion.

Responsible Trading Policy

When it comes to trading on Veracity Markets platforms and using its features, we encourage responsible behavior among all our users and traders. Our “responsible trading policy” calls on traders to protect themselves from emotional decision making that can result in unnecessary losses. This web page and its products are intended exclusively for legally adult use, given that current legislation anywhere in the world does not permit account onboarding, trading, advising, binding in a legal contract to those under 18 years of age.

Safety of Funds

At Veracity Markets (PTY) LTD, the safety of your funds is paramount to our business activity. With this in mind, all client funds are held in a segregated account separate from the companies funds.

Refund Policy

All the funds deposited with Veracity Markets is for the sole purpose of trading the financial markets on contract for difference. There is no physical delivery of any asset. The clients acknowledge that they incur profit or loss depending on the open and close price of the asset traded. Any funds deposited with Veracity Markets is the asset of the client and a liability on Veracity Markets. The client can request for a withdrawal of their unused funds held with Veracity Markets at anytime. Any funds lost while trading in financial markets with Veracity Markets is non-refundable and non-withdrawable.

© 2023 VeracityMarkets.com is a trading name of Veracity Markets (Pty) Ltd. All rights reserved.

Cookie Policy

Veracity Markets' website uses cookies. By continuing using this website, you consent to our use of cookies as described in our Cookies Policy, allowing better representation of the information for your access.