Withdrawing funds from your Veracity Markets account is easy and quick. Withdrawal is processed, Monday to Friday from 9am to 5pm, GMT +2 (South African Standard Time). All request is processed within 24 – 48 hours.
Veracity Markets only uses secure methods for sending your funds to you, and fully complies with internal and regulatory procedures to ensure the funds are safely processed.
Local Bank Transfers
Withdrawing funds to your South African Bank could take up to two days to receive, depending on the bank you are using. If you are using FNB you should receive payment the same day.
How to request a withdraw?
It is so easy to request a withdrawal from Veracity Markets. All you need to do is log into your “Client Area” on our website, go to “FUNDS” then click on “Withdraw Funds”
Should you not have received a reply from one of our staff within 24 to 48 hours. Please chat to us via our website or email us on [email protected] or call our office at +27 (0) 87 012 5545.
We strive for excellence and we want you to always be happy with our service.
Additional Information :
1. Withdrawal Fees: Veracity Markets does not charge a fee for withdrawals to you local bank but we do apply a 2% fee on all withdrawal amounts to other withdrawal methods like for example Skrill and Neteller.
2.Please note that all international payments and other currencies will be automatically converted to the live rate of our MT4 trading servers at time of withdrawal.
3.Veracity Markets do not accept 3rd party Withdrawals. Payments must only be made in your name matching your Veracity Markets trading account. If any 3rd party funding is received this will be refunded and costs applied to the 3rd party.
4.All Funding is processed during working hours: Monday to Friday, 9:00 – 17:00 GMT+2.
Please Note: It is investors’ responsibility to maintain a prudent level of margin, pay their margin and also meet margin call payments on time and in cleared funds. Please keep in mind the possibility of delays in the banking and payments systems. If your payment is not credited by the time you are required to have the necessary margin or meet the margin call, you could lose some or all of your positions.
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.
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.
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.
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.
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.