General Information & Regulation
Regenesis Markets is an online broker offering CFDs, single stock futures, commodities, and other financial assets. The company operates offices in South Africa, Nigeria, Mauritius, Kenya, and Malta. It claims to be regulated by the Financial Sector Regulatory Authority (FSCA) in South Africa under license number 4997. However, this license is suspected to be a cloned one, raising concerns about its authenticity.
Market Instruments
The broker gives traders access to multiple asset classes, including currency pairs, indices, metals, energy, futures, cryptocurrencies, and CFDs.
Minimum Deposit
Regenesis Markets provides five types of accounts:
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MT4 Demo Account
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MT4 Live Account
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ProTrader Demo Account
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ProTrader Live Account
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MAM Account
To open a live trading account, the minimum deposit required is $50.
Leverage
Traders can choose between two leverage levels: 1:100 or 1:500. While leverage increases profit potential, it also magnifies risks, so selecting the right level is critical for risk management.
Spreads & Commissions
The broker advertises extremely tight spreads for EUR/USD, ranging from 0.1 to 0.3 pips. Such rates are unusually low and may not be sustainable, suggesting they could be a marketing tactic to attract new clients rather than a realistic offering.
Trading Platforms
Regenesis Markets supports three platforms:
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MetaTrader 4 (MT4), widely used by traders of all levels
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ProTrader, designed for more advanced strategies
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MAM terminal, suitable for account managers and professionals
Deposit & Withdrawal
Clients can fund or withdraw from their accounts using multiple payment options, including Visa, MasterCard, Maestro, Skrill, Neteller, wire transfer, and PayFast.
Customer Support
The company provides customer service from Monday to Friday, 24 hours a day. Traders can contact the support team via phone, email, online forms, social media, or live chat.
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