Comprehensive Review of Ventorus

Is it wise to trust a broker registered in Mwali? This is an offshore jurisdiction popular among fraudulent brokerage companies. Despite all the claimed benefits and positive reviews online, we believe that dealing with Ventorus is very risky, with a high chance of falling for a scam.

Highlights

Key Trading Features

Ventorus operates as a standard broker, following a dealing desk business model. How did we determine this? The massive leverage of 1:400, zero fees, and lack of reliable information about the order execution model on the official website are clear indicators. Although STP is mentioned, there’s no evidence to back this up. The firm claims to earn only from spreads, as there are no commissions. In reality, it profits when traders lose money.

A leverage of 1:400 indicates a lack of regulation by serious oversight bodies. Respected financial commissions prohibit firms from offering such high leverage as it poses significant risks to client deposits. Yes, it might be advantageous for experienced traders who know how to manage risks. However, for beginners and those unprepared for high-risk trading, this is a sure path to quickly losing their deposits.

Ventorus also offers five account plans aimed at different types of traders. Judging by the descriptions, their main distinction lies in spread sizes. The better the account, the lower the spreads, meaning the broker tries to extract as much money as possible from clients.

The minimum deposit amount aligns with most unlicensed brokers — $250. Why exactly $250, when well-known firms either removed the deposit threshold altogether or offered cent accounts, allowing you to try their service for as little as $10?

Overview of Available Trading Instruments

The company provides access to over 160 CFDs: stocks, forex, metals, indices, commodities, and cryptocurrencies. Overall, Ventorus offers a standard selection of financial assets, though there are very few cryptocurrencies. Their digital currency selection feels like it’s from 2018: ADA, BCH, XMR, DASH, and a few others, totaling just 10 coins. There are no currently popular and substantial cryptocurrencies, such as Solana, SUI, SHIB, or BNB. Crypto traders are unlikely to be interested in trading old “dino coins” with low volatility and limited growth potential.

Trading Platform Analysis

Instead of a standard and advanced terminal like MetaTrader 4/MetaTrader 5, Ventorus offers a basic platform available only in WEB format. It lacks separate applications for smartphones and software for computers. The platform is limited to basic options: technical analysis, essential indicators, fundamental timeframes, and pending orders.

The only advantage worth noting is the availability of a demo account. Traders can practice and test the terminal’s features without risking money.

Additional Services

The additional features from Ventorus are not particularly impressive. First, there are auxiliary tools: market holidays, futures expirations, and support. Second, there are free educational materials. However, beyond that, there’s nothing else. What is the company’s competitive advantage? Why should traders choose this platform over any other? In short, there’s nothing unique to set this firm apart from many others.

Fee Structure

Ventorus doesn’t charge a commission on trades, only the spread. This may seem like an advantage, but it’s not. A brokerage company acts as an intermediary that should earn a profit from the commissions clients pay when trading. However, if commissions are zero, how does the firm generate income? Only from the spread? Based on the contract specification table, the bid/ask size is minimal, unlikely even to cover the broker’s expenses.

This raises the question — how does Ventorus make money? As we mentioned earlier, it’s from the losses of traders. This is a conflict of interest, and platforms like this are best avoided. The firm has a vested interest in losing clients money.

There are no deposit fees, but the broker charges a withdrawal fee if the account is unverified and has not completed at least one trade. In that case, withdrawal will be free. However, if the account is without KYC and without trading activity, the withdrawal fee is 3.5%. Additionally, clients need to pay a maintenance fee of $10 per month.

Legitimacy of Ventorus

Let’s take a closer look at the company’s legal registration and licensing. This is very important, and there’s a lot to discuss here. The broker is owned by the legal entity Apex mkt Ltd, which is registered in Mwali and Saint Lucia. These are two offshore jurisdictions popular among fraudulent platforms.

We checked the MISA and Saint Lucia registries. It’s true that Apex mkt Ltd is based there. However, it’s too soon to conclude that Ventorus is honest and legitimate.

A registration in Saint Lucia may sound exotic, but it’s not a plus for traders. Why? Because Saint Lucia is an offshore zone where companies can easily bypass strict requirements and oversight. Such jurisdictions are often chosen by those who want to avoid real regulations and accountability to serious regulators.

Now, about the MISA license. It’s technically called a license, but in reality, it’s just a piece of paper. MISA does not regulate the financial market in the way serious organizations like the FCA in the UK or the CFTC in the USA do. Real regulators oversee brokers, monitor their activities, and protect client rights. MISA, in essence, only registers the company and doesn’t perform any actual checks. This means such a “license” provides no protection for traders.

As a result, Ventorus, with its registration in Saint Lucia and MISA license, operates with virtually no oversight. No one will be ensuring it executes trades fairly or returns money to clients. This means that if problems arise, there will be nowhere to turn.

The footer also mentions a company called Valsia Services Ltd, which acts as the payment agent for Apex Mkt Ltd, the entity managing the Ventorus platform. This means Valsia Services Ltd handles payment processing related to Ventorus’s services but is not the main legal entity or broker.

Company History

According to the MISA registry, the company was registered in 2023. However, based on ventorus.com domain data, the platform was likely launched in 2021, when the website was created. Although there’s no concrete evidence of this, we’ll assume the organization started operating in July 2023. Additionally, social media accounts were also created in 2023.

Conclusion

Despite registrations with MISA and Saint Lucia, this broker remains risky. The company is motivated for its clients to lose money. There are no guarantees of reliability, and even the operational period is short. We do not recommend dealing with Ventorus to avoid falling victim to manipulation and fraud.

Weighing the Pros and Cons

Common Questions