VelaNova Trading Al has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from VelaNova Trading Al. This company is a suspected boiler room, a form of online investment fraud. VelaNova Trading Al has approached persons without being asked, to offer them investment propos... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://velanovatradingai.com/nl/.
Several red flags with VelaNova Trading Al: (1) They promise unrealistically high returns, (2) They're not registered with The Dutch Authority for the Financial Markets, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Not registered with regulators|Unrealistic promises
After for roughly four months with VelaNova Trading Al I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Professional team|Segregated accounts
Cons: Minimum deposit could be lower
I signed up with VelaNova Trading Al after comparing multiple platforms and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Social trading features|Comprehensive tools|Clear documentation|Quick verification
Cons: Some tools only available on higher tiers
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I invested $2,000 with VelaNova Trading Al after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to The Dutch Authority for the Financial Markets.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized