Forex Brokers

Ventotrade (ventotrade.com)

1.3 (12 reviews)
🇦🇺 Australia
Visit Website
1.3
12 reviews
5
0
4
0
3
0
2
4
1
8

About Ventotrade (ventotrade.com)

Ventotrade (ventotrade.com) has been flagged by Australian Securities and Investments Commission 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.

Customer Reviews

Write a Review

Statement errors every month

C
Catherine E.
1 weeks ago

I had a dispute with Ventotrade (ventotrade.com) 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: Good mobile app|No hidden fees|Easy withdrawals|Dedicated account manager

Cons: Minor UI glitches occasionally|Nothing significant

Warning to all investors

F
Frank C.
2 months ago

I invested $10,000 with Ventotrade (ventotrade.com) 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 Australian Securities and Investments Commission.

Cons: Lost entire investment|Reported to authorities|Unresponsive

Leverage too high for retail

K
Kimberly J.
2 months ago

My card was charged twice by Ventotrade (ventotrade.com) on the same day. I had to dispute it with my bank. Ventotrade (ventotrade.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Two-factor authentication|Good mobile app|Multiple order types|No hidden fees

Cons: Email notifications too frequent|Cannot customize dashboard fully

Account manager disappeared after deposit

A
Alex V.
3 months ago

Do not use Ventotrade (ventotrade.com) for anything serious. I used them for about ten months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Personal attention|Fast support response|Intuitive for beginners

Cons: Withdrawal takes 1-2 business days|None so far

They hold your money hostage

B
Brooke O.
4 months ago

Ventotrade (ventotrade.com) 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: Instant funding|Smooth onboarding|Helpful community forum

Cons: Email notifications too frequent|Could offer more webinars

Research is copy-paste from elsewhere

R
Rebecca E.
5 months ago

I requested my data from Ventotrade (ventotrade.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Easy withdrawals|Transparent fees

Cons: Currency conversion fee exists

Proceed with extreme caution

C
Catherine E.
6 months ago

I was about to invest with Ventotrade (ventotrade.com) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Australian Securities and Investments Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Flagged by Australian Securities and Investments Commission|Cannot verify credentials

Trust broken beyond repair

D
Daniel W.
8 months ago

After for nearly two years with Ventotrade (ventotrade.com) 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: Real-time alerts|Tax reports included|Multi-currency support|Comprehensive tools

Cons: Minor UI glitches occasionally|Alert system is basic

No investor compensation scheme

W
Wesley C.
8 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Ventotrade (ventotrade.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Segregated accounts|High security standards|Fast execution|Transparent fees

Cons: Alert system is basic|Wait times can be long during peak hours

Spam emails after unsubscribing

T
Tiffany A.
9 months ago

The mobile app from Ventotrade (ventotrade.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Fast support response|Instant funding|Easy to use platform|Good mobile app

Cons: Limited cryptocurrency options