Venn Prime Securities Forex broker specializes in providing foreign exchange trading services, the company's official website https://portal.vennprime.com/register, the company's legitimate regulatory information MalaysiaLFSAStraight Through Processing(STP), to enhance the security of the company's address Office 2, Jamie Business Center II, 2nd Floor, Lot 6, Jalan Bunga Dahlia, 87007 Labuan F.T.
Venn Prime Securities Forex Broker
Basic information
Malaysia
5-10 years Regulated in Malaysia Straight Through Processing(STP) Suspicious Scope of Business Medium potential riskCompany profile
Venn Prime Securities Information
Venn Prime Securities Limited, established in 2020 and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, is an online trading broker offering various financial instruments such as Forex, precious metals, energies, indices, and stocks. It provides three account types and a demo account with spreads starting from 0.1 pips and maximum leverage of 1:100 through the advanced MetaTrader 5 (MT5) trading platform. However, information on minimum deposits is not provided.
Pros and Cons
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Is Venn Prime Securities Legit?
Venn Prime Securities has straight-through processing (STP) license number MB/19/0036, which is regulated by the Labuan Financial Services Authority (Labuan FSA) in Malaysia.
| Regulatory Status | Regulated |
| Regulated by | Labuan Financial Services Authority (Labuan FSA) |
| Licensed Institution | Venn Prime Securities Limited |
| Licensed Type | Straight Through Processing(STP) |
| Licensed Number | MB/19/0036 |
What Can I Trade on Venn Prime Securities?
Venn Prime Securities provides access to many market instruments, including over 60 currency pairs, precious metals like gold and silver, global indices, energy commodities such as oil and gas, and various stocks, including prominent U.S. shares like Amazon, Apple, and Tesla.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Stock | ✔ |
| Indices | ✔ |
| Energies | ✔ |
| Shares | ❌ |
| Mutual Funds | ❌ |
Account Type
Venn Prime Securities offers three distinct account types: Classic, Pro, and Elite. They all offer a maximum leverage of 1:100 and swap-free trading. It also offers demo accounts for trading.
| Account Type | Spreads from | Swap-free | Max Leverage |
| Classic Account | 1.1 pips | ✓ | 1:100 |
| Pro Account | 0.5 pips | ✓ | 1:100 |
| Elite Account | 0.1 pips | ✓ | 1:100 |
Venn Prime Securities Fees
The spreads at Venn Prime Securities vary based on the chosen account type, starting from 0.1 pips for the Elite Account.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Meta Trader 5 | ✔ | PC and Mobile | Investors of all experience levels |
Deposit and Withdrawal
Clients of Venn Prime Securities can deposit funds through various methods, including wire transfer, Neteller, Skrill, and Dragonpay.
Rating Index
Elite
Pro
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Latest Reviews
Bambang Soeprijanto
Indonesia
Multiple technical analysis indicators, and they offer stop-loss and limit order features. It's practical for risk management, though the platform itself feels a bit dated.
Neutral
2024-06-26
Gonzalo Marques
Singapore
I am very satisfied with the transactions on Forex, and the transaction cost is relatively low. Also, the transaction execution is very fast, there is almost no difference between the time of placing an order and no delay. Also the team is very supportive in each aspects of my experience.
Positive
2023-02-08
Monae
South Africa
Venn Prime Securities excels in market instruments and trading platforms! They offer a broad range of options, and the platform is sleek and efficient.
Positive
2024-07-25