ANSWER
Dear Investor,
ePlanet Brokers claims to be subject to dual regulation: Eplanet Brokers (PTY) Ltd is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, and eplanet brokers LTD is licensed by MISA.
Upon checking, both regulatory authorities have indeed registered the respective entities. However, please note that the South African FSCA does not publicly disclose the operating websites of its regulated entities. Therefore, this regulatory information requires further verification. Additionally, both the South African FSCA and MISA are offshore regulatory authorities with relatively lower regulatory effectiveness.
Thus, we advise you to remain cautious when investing.
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