Reported Website: https://www.verasouls.uk/en/
Verasouls claims to be a world-class forex broker while presenting neither details about its company address and regulations, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. Downloading its official MT4 trading platform, we found this firm locates in the United Kingdom. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to Verasouls in FCA. That means Verasouls is not under valid regulation to do forex by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam
