Ventezo, officially known as Ventezo Limited, was established in 2018. The company is headquartered in Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines. As a privately held company, Ventezo operates primarily in the retail forex market, catering to individual traders and investors.
The broker has gained traction in various regions, especially among traders from Malaysia, Indonesia, India, and Nigeria. Ventezo aims to provide a platform that combines competitive trading conditions with a user-friendly experience, catering to both novice and experienced traders alike.
Since its inception, Ventezo has made significant strides in the forex trading landscape, focusing on delivering a wide range of financial instruments and leveraging advanced technology. The company operates under an ECN (Electronic Communication Network) model, which allows for direct market access and competitive pricing.
Ventezo broker's mission is to provide an exceptional trading environment that empowers clients to achieve their financial goals with confidence.
Ventezo claims to be registered with the Seychelles Financial Services Authority (FSA), holding a retail forex license numbered SD197. However, it is essential to note that this regulatory body does not enforce strict regulations on forex trading, raising concerns about the broker's reliability.
The company operates under the jurisdiction of Saint Vincent and the Grenadines, where it is incorporated. Despite its claims of regulation, multiple sources indicate that there is no substantial oversight governing its operations.
Ventezo has a policy to keep client funds in segregated accounts, ensuring that customers' money is not used for operational purposes. However, the lack of participation in any investor compensation fund poses a risk for traders, as they may not have recourse in the event of the broker's insolvency.
The broker adheres to KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures, requiring clients to verify their identities and provide necessary documentation upon account registration.
Ventezo offers a diverse range of trading products, including:
The broker frequently updates its product offerings, aiming to meet the evolving needs of traders. Retail trading services are a primary focus, but Ventezo also caters to institutional clients with tailored solutions.
Ventezo provides access to the widely used MetaTrader 4 (MT4) platform, which is compatible with desktop and mobile devices, including iOS and Android. This platform is favored for its user-friendly interface and extensive range of trading tools.
The broker operates under an ECN model, which facilitates direct market access, allowing for faster execution times and competitive spreads. The server infrastructure is designed to ensure minimal latency, providing traders with optimal conditions for executing their strategies.
Ventezo also supports automated trading through APIs, enabling clients to utilize expert advisors (EAs) for algorithmic trading. This feature is particularly appealing to experienced traders looking to leverage technology for enhanced trading performance.
Ventezo offers several account types to cater to different trading needs. The primary account types include:
Mini Account:
Minimum Deposit: $10
Spread: From 2.2 pips
Commission: None
Leverage: Up to 1:1000
Standard Account:
Minimum Deposit: $50
Spread: From 1.0 pips
Commission: None
Leverage: Up to 1:1000
Premium Account:
Minimum Deposit: $500
Spread: From 0.0 pips
Commission: $8 per standard lot traded
Leverage: Up to 1:500
All accounts allow for a minimum trade size of 0.01 lots. Ventezo permits various trading strategies, including scalping and hedging, while also offering a demo account for new traders to practice without financial risk.
Ventezo supports a variety of deposit and withdrawal methods, including:
The minimum deposit requirement varies by account type, starting at $10 for the Mini Account. Deposits are processed quickly, with local bank transfers typically taking 5 to 30 minutes during business hours.
Ventezo does not charge fees for deposits, and it covers any third-party fees associated with deposit methods.
Withdrawals are processed within 1-3 hours during working hours. Clients can withdraw funds using the same methods as deposits, and there are no limits on the amount withdrawn, provided there are sufficient free margins in the account. However, some withdrawal methods may incur fees, such as $35 for bank wire transfers and $4 for card withdrawals.
Ventezo offers customer support through multiple channels, including:
The support team is available during business hours, but specific service hours may vary depending on the region. Ventezo supports multiple languages, including English, Hindi, Indonesian, Malay, Vietnamese, and Farsi.
In terms of educational resources, Ventezo provides various materials such as webinars, tutorials, and market analysis reports. Traders can access essential tools, including calculators and economic calendars, to assist in their trading activities.
Ventezo primarily serves clients from regions such as Southeast Asia, including Malaysia, Indonesia, and India. The broker has no regional offices outside its headquarters in Saint Vincent and the Grenadines.
However, certain countries may be restricted from opening accounts with Ventezo, including those where local regulations prohibit forex trading or where the broker does not have the necessary licenses. The specific list of prohibited countries is not publicly disclosed, so prospective clients should verify their eligibility prior to registration.
In summary, while the Ventezo broker presents itself as an accessible trading platform with a range of services, potential clients should exercise caution due to its regulatory status and the associated risks.
FX4202742360
Indonesia
New trading for 2 weeks, capital $7K left $5.1k. Haven't made a profit yet, already hit with swap charges, very unprofessional. I'm waiting for proper etiquette, until now it hasn't been returned. I also asked the Indonesian management, but there have been no results. Very bad ventezo.
Exposure
2024-10-29
FX1409350428
Indonesia
what kind of broker is this? exposed to unreasonable swap charges
Exposure
2024-10-29
TBWNPadianTraders
Brunei
No problem dealing with deposits or withdrawals. Quick support from management.
Positive
04-03