Ventezo Forex Review

Ventezo Forex Review

Minimum deposit

10 USD

Bonus

No

Maximum leverage

1:1000 (1:500 for metals)

Year founded

2018

Regulation

None

Trading platform

MetaTrader 4 (MT4)

Read our full Ventezo review to get exact details about their safety, accounts, spreads, platforms, assets, support, and many more. Our unbiased Ventezo opinion allows our readers to decide whether Ventezo is a reliable broker.

ventezo

Ventezo Forex Broker History

Ventezo is a Forex and CFDs broker that offers its services worldwide without regulations. The broker has been around since 2018 making it experienced in the industry. However, it is not regulated which raises alarms about its safety. The broker offers several account types and offers access to Forex, commodities, indices, and crypto.

Ventezo broker safety

When it comes to safety, Ventezo is not regulated as it does not hold a license from any reputable regulator. This is a major red flag for safety as there is no one to turn to if the broker scams its clients.

We can not confirm the broker is a member of the investor compensation fund. There is no indication nor confirmation that the broker keeps client funds in segregated accounts to limit its employees’ use of client funds. The broker does not offer negative balance protection, meaning traders can become liable for losses beyond their account balance. This can easily happen when trading with excessive leverage such as 1:1000.

Ventezo Broker Review of Accounts

The broker offers several account types such as mini, standard, and premium. Each account offers slightly different conditions.

Ventezo Mini

Here are the main specs of the mini trading account:

  • Minimum deposit – 10 USD
  • Account base currency – USD
  • Commission – 0 USD
  • Spreads from – 2.2 pips
  • Maximum leverage – 1:1000 (1:500 for metals)
  • Minimum lot size – 0.01 lots
  • Islamic account option – Yes
  • Scaling, EAs, hedging – Yes
  • Demo account – Yes

Ventezo Standard

The standard account is for general FX trading and has the following specs:

  • Minimum deposit – 50 USD
  • Account base currency – USD
  • Commission – 0 USD
  • Spreads from – 1 pip
  • Maximum leverage -1:1000 (1:500 for metals)
  • Minimum lot size – 0.01 lots
  • Islamic account option – Yes
  • Scaling, EAs, hedging – Yes
  • Demo account – Yes

Ventezo Premium

The premium account comes with the following offerings and requirements:

  • Minimum deposit – 500 USD
  • Account base currency – USD
  • Commission – 8 USD FX, 0.5 USD cryptos
  • Spreads from – From 0 pips
  • Maximum leverage – 1:500
  • Minimum lot size – 0.01 lots
  • Islamic account option – No
  • Scaling, EAs, hedging – Yes
  • Demo account – Yes

As we can see, traders who want to get an Islamic account can not go with low spreads below 1 pip, which is a serious downside. The spreads are very high on mini accounts but competitive on standard accounts. There is a demo account offered which is useful for beginners.

Ventezo instruments

Ventezo offers access to diverse asset classes such as FX pairs, commodities, indices, and cryptos. There are no stocks offered for trading, which is a downside. All assets can be traded with high leverage. However, metals are only available at 1:500 lower leverage. The spreads are high from 2.2 pips for mini, 1 pip on standard, and 0 pips on the premium account but have trading commissions.

Ventezo Reviews of Trading Platforms

The broker provides access to the advanced trading platform MetaTrader 4 (MT4). The platform supports both custom indicators and automated trading systems (Expert Advisors, EAs). The broker allows traders to use EAs and all kinds of trading strategies such as hedging and scalping.

Ventezo Forex Review of Extra Features

The broker offers promotions such as bonuses and copy trading services. Traders can use these bonuses to enhance trading power but additional conditions apply, which makes it important to read all the rules before using these bonuses.

Together with 100% and 30% bonuses, the broker also offers a lucky draw to get bonuses and prizes. There is also a cashback program copy trading profitability competition.

Ventezo Reviews of Customer Support

Customer support is one of the most important aspects of FX trading. Ventezo offers live chat which is built into the website and there is also email support available, which is flexible. There is phone support available as well which works during working hours. The existence of phone support is very important for FX traders to quickly resolve issues or call their broker and close out positions in case of emergency.

Ventezo Deposit and Withdrawal

The broker offers several payment options such as bank cards, perfect money, wire transfers, and other e-wallets. The deposits are instant and there are no commissions charged. However, withdrawals are slow and require mostly 2-5 business days which is not attractive at all.

Ventezo Review Conclusion – Can you trust Ventezo?

Ventezo is a broker that offers different account types, access to the MT4 platform, and a wide range of assets such as FX, commodities, indices, and crypto. However, the broker is not regulated and does not offer negative balance protection, which is a serious red flag. The broker has been around for some time and lack of license creates serious risks of safety for traders.

FAQs on Ventezo

Is Ventezo a scam?

Ventezo scam is highly possible as the broker is not regulated, does not offer negative balance protection, and traders should be cautious.

What is the Ventezo minimum deposit?

The minimum deposit starts at 10 USD on the mini account, which is very low, but spreads are from 2.2 pips.

Is Ventezo a cheap broker?

The broker is not particularly cheap as it charges commissions on its low-spread accounts and has high spreads on mini and standard accounts.

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