VELLUM THISTLE LIMTED has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.vellumthistle.com.
What really bothers me about VELLUM THISTLE LIMTED is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them based on a colleague's recommendation and I fell for the polished exterior. Never again.
Pros: Smooth onboarding|Economic calendar
Cons: Spreads widen during volatile periods|Email notifications too frequent
I had a dispute with VELLUM THISTLE LIMTED and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Dedicated account manager|Regular updates|Fast deposits
Cons: Minimum deposit could be lower
Do not believe the bonus offer from VELLUM THISTLE LIMTED. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Clear documentation|Real-time alerts|Multi-currency support|Easy withdrawals
Cons: Limited social trading features
VELLUM THISTLE LIMTED advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Customizable dashboard|Helpful community forum|Fast deposits
Cons: Research section could be deeper
After doing some research AFTER the fact (I know, I should have done this first), I discovered that VELLUM THISTLE LIMTED is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
VELLUM THISTLE LIMTED has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Detailed reporting|Easy withdrawals|Clean UI
Cons: No phone support on weekends
VELLUM THISTLE LIMTED has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Comprehensive tools|Risk management tools|Professional team
Cons: Onboarding videos are outdated
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that VELLUM THISTLE LIMTED has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises