FAQ – Regenesis Markets

General FAQ

What is the minimum deposit to trade Forex?

Our minimum deposit is R500. We understand the risk associated with trading and we know that the smallest amount than our minimum makes it even more difficult for one to make money. It is important that you diversify when trading in order to reduce the risk, and a perfect diversification requires that you have enough funds in your account.

How do I fund my trading account?

Regenesis Markets offers you a range of convenient methods to fund your account, choose the one that suits you best and then take action to get your account funded and your online trading account moving!

Our deposit methods are as follows:

Bank or wire transfer/EFT
Debit or Credit card
Please ensure that your deposit is made to Regenesis Markets directly, not to your Introducing Broker (IB) Regenesis Markets is not responsible for any funds deposited or sent to an IB’s bank account. IB’s cannot, under any circumstance, guarantee you, the client, any profits. Please remember the age-old adage of ‘there is no such thing as a guaranteed profit’

Do you offer training?

Yes! The Regenesis Markets FX Pro Course is a perfect tool to enable you to become a long term profitable trader while doing this within a place and time that is convenient for you. Get more information on our FX Pro eLearning course here.

Do you offer signals?

Yes! We have several options available. Get more information on our signals here.

FICA Requirements

Individual

Certified copy of ID document (SA Citizens) / Passport (Foreign Nationals)

Proof of address less than three months old (for example utility bill, store account statement, bank statement with address, DSTV account, municipal letter) Should you not have proof of address in your name, you may provide a declaration by a third party confirming that you share an address with them and provide the third party’s proof of ID and proof of address (less than three months old).

Copy of SARS document confirming income tax number

Copy of bank statement confirming individual banking details (less than three months old)

Minor

Copy of the birth certificate (abridged or unabridged)

In the case of a guardian, provide documents confirming legal guardianship, download and complete the form for Acting on Behalf of a Minor.

Copy of SARS document confirming income tax number of minor

Proof of address less than three months old

As the parent/guardian, you may provide a declaration confirming that:

You share an address with the minor.

The minor does not have a tax number

Copy of ID document (SA Citizens) / Passport (Foreign Nationals) of parent / guardian

Copy of bank statement confirming parent/guardian banking details (less than three months old)

Non-Resident Individual

Copy of foreign ID/passport

Proof of address less than three months old

Should you not have proof of address in your name, you may provide a declaration by a third party confirming that you share an address with them and provide the third party’s proof of ID and proof of address (less than three months old). Download and complete the Joint Address Declaration.

A document confirming tax registration number

If you or any controlling persons associated with the investment have a tax number, tax residency or nationality in a country other than South Africa, please send the completed Foreign Account Tax Self-certification (FATCA) form

Copy of bank statement confirming foreign bank details of the individual (less than three months old)

For investment products (i.e. retirement annuity, equity-linked living annuity, voluntary investment plan, tax-free investment plan and endowment), we do not make payment to non-resident bank accounts. Should you wish to confirm alternative arrangements, please contact our client service team at support@regenesismarkets.com

For stockbroking products (i.e. local shares, offshore shares and ETPs), we will be able to accommodate payments to non-resident bank accounts

Estate Late

For the deceased we require the following:

Copy of death certificate

Copy of ID

Bank details of estate late account

Resolution (if more than one executor)

For the executor/s we require the following:

Copy of ID

Copy of Letter of Executorship / Authority

Proof of address (less than three months old)

Trust

Copy of Trust deed (if applicable, any deeds of amendment of Trust Deed)

Copy of Letter of Authority

Copy of SARS document confirming Income tax / VAT registration number for the trust

A resolution signed by all Trustees nominating authorised signatory/representative

Copy of bank statement confirming trust account banking details (less than three months old)

For the authorised signatory/representative, each trustee, beneficiary and founder of the trust we require the following:

Copy of ID

Proof of address (less than three months old)

Company

Company registration documents

CM1- Certificate of Incorporation

CM2- Memorandum of Association

CM22- Notice of Registered Office

If applicable, CM9 or Certificate of Recognition (CoR) (CoR 18.1 and 18.3 for conversion from CC and CoR 15.1 for name changes)

Latest CM29 – Contents of Registrar of Directors, Auditors and Officers Business name if different from the registered name

Proof of address (less than three months old)

Copy of SARS document confirming Income tax / VAT registration number for the company

Resolution on company letterhead signed by all directors nominating authorised signatory/representative

Copy of bank statement confirming company banking details (less than three months old)

For the authorised signatory/representative and/or CEO, each director and each person or corporation with a shareholding of 25% or more in the company, we require the following:

Copy of ID

Proof of address (less than three months old)

Non-Resident Company

Copy of foreign company registration documents

Proof of address (less than three months old)

A document confirming tax registration number for the company

A resolution signed by all directors nominating one signatory/representative

Copy of bank statement confirming foreign bank details of the company (less than three months old)

For the authorised signatory/representative and/or CEO, each director and each person or corporation with a shareholding of 25% or more in the company, we require the following:

Copy of ID/passport

Proof of address (less than three months old)

Close Corporation

Copy of Founding Statement (CK 1) and Certificate of Incorporation (if applicable, CK2 for any amendments to the Founding Statement)

Business address if different from registered address

Proof of address of the company (less than three months old)

Copy of SARS document confirming Income tax / VAT registration number for the CC

Resolution on the CC letterhead signed by all members nominating one signatory/representative

Copy of bank statement confirming bank details of the company (less than three months old)

For the authorised signatory/representative and each member we require the following:

Copy of ID

Proof of address (less than three months old)

Partnership Account

Copy of partnership agreement

Proof of address (less than three months old)

A resolution signed by all members nominating authorised signatory/representative

Copy of SARS document confirming Income tax / VAT registration number for the partnership

Copy of bank statement confirming banking details of partnership account (less than three months old)

For the authorised signatory/representative and each partner, we require the following:

Copy of ID

Proof of address (less than three months old)

Unincorporated Entities e.g. (churches, clubs)

Copy of document confirming the list of all active members

A resolution signed by all members nominating authorised signatory/representative (a note to be made of bank details and possible tax implications for the nominated person)

Proof of address (less than three months old)

Copy of SARS document confirming Income tax / VAT registration number for the entity

Copy of bank statement confirming banking details of partnership account (less than three months old)

For the authorised signatory/representative and each member or partner, we require the following:

Copy of ID

Proof of address (less than three months old)