VENTEZO Forex Broker

VENTEZO Review SummaryFounded2021Registered Country/RegionSaint Vincent and the GrenadinesRegulationFSA (Offshore)Market InstrumentsForex, Cryptos, Indices, and CommoditiesDemo Account✅Leverage1:1000EUR/USD SpreadFrom 1 pipTrading PlatformMT4Copy Trading✅Min Deposit$10Customer SupportTel: +1 (484) 673-7749Email: support@ventezo.comFacebook: https://www.facebook.com/profile.php?id=100088366074660Instagram: https://www.instagram.com/ventezo.officialLinkedin: https://www.linkedin.com/company/ventezoPhysical address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines 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 ConsProsConsDiverse tradable assetsOffshore regulationMultiple account typesWithdrawal fee chargedDemo accountsMini account offeredFlexible leverage ratiosMT4 trading platformCopy tradingLow minimum depositMultiple payment methodsIs 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.Regulated CountryCurrent StatusRegulated AuthorityRegulated EntityLicense TypeLicense NumberOffshore RegulatedThe Seychelles Financial Services Authority (FSA)Ventezo Global LtdRetail Forex LicenseSD197What Can I Trade on VENTEZO?Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Cryptocurrencies✔Stocks❌Bonds❌Options❌ETFs❌Account Type VENTEZO offers three types of accounts with varying minimum deposit requirements.Account TypeMin DepositMini$10Standard$50Premium$500 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.Account TypeIB Partner CommissionMIB Partner CommissionMini1.0 pips2.0 pipsStandardForex majors0.4 pips0.8 pipsForex crosses0.4 pips0.8 pipsForex exoticUp to 38,0 pipsUp to 56,0 pipsMetalsUp to 0,8 pipsUP to 1,6 pipsOil2.0 pips4.0 pipsPremium$0.5$1Trading 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.Trading PlatformSupportedAvailable DevicesSuitable forMT4✔Web and MobileBeginnersMT5❌/Experienced tradersDeposit 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.