VENTEZO Forex Broker

　　Registered in Saint Vincent and the Grenadines in 2021, VENTEZO operates as a broker that offers services in Forex, Cryptos, Indices, and Commodities. It provides three types of accounts, with a minimum deposit requirement of $10 and leverage up to 1:1000. However, this broker is under an abnormal regulatory status, holding an offshore FSA license.

Pros and Cons

Is VENTEZO Legit?

　　VENTEZO holds a Retail Forex License numbered SD197, issued by the Seychelles Financial Services Authority (FSA). However, upon further investigation, we discovered that the current regulatory status of this broker is offshore. Consequently, it is advisable to exercise caution.

What Can I Trade on VENTEZO?

Account Type

　　VENTEZO offers three types of accounts with varying minimum deposit requirements.

　　In addition, the broker provides a free demo account for you to practice with.

Leverage

　　The leverage offered by VENTEZO is flexible, allowing you to select from various options such as 1:1, 1:5, 1:15, 1:25, 1:30, 1:50, 1:100, 1:200, 1:500, or 1:1000 on the MT4 platform. Leverage affects your margin requirements, meaning that a higher leverage ratio will reduce the margin needed to open a trade. As a result, you are advised to choose the suitable leverage for your account based on your needs.

Spread and Commision

　　Spreads vary depending on account types and market instruments. For example, for mini account, the commission is 1.0 pips for IB partner and 2.0 pips for MIB parterner. You can refer to the table for details.

Trading Platform

　　VENTEZO has obtained a full license from MetaTrader 4, the world's leading trading platform. It is accessible via PCs, as well as mobile devices including Android, Mac, and iPad. This platform provides you with immediate access to trading opportunities, enabling you to fully utilize its advanced capabilities and features.

Deposit and Withdrawal

　　VENTEZO supports a variety of deposit and withdrawal methods, including BANK WIRE TRANSFERS, VISA & MASTERCARD, PERFECT MONEY, FASAPAY, LOCAL DEPOSIT, BITCOIN TRANSFER, and TETHER (TRC20). There are no fees associated with deposits for any of these methods.

　　However, withdrawal fees do apply. For BANK WIRE TRANSFERS, the fee is a minimum of $35 or €30. For VISA & MASTERCARD, the fee is $4 or €4. For PERFECT MONEY and FASAPAY, the fee is 0.50% of the withdrawal amount. All other methods are commission-free for withdrawals.