VENUS4T has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After since last summer with VENUS4T, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Stable platform|Regular updates
Cons: Email notifications too frequent|Currency conversion fee exists
The mobile app from VENUS4T 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: Automated trading options|Wide product range|Easy withdrawals|Detailed reporting
Cons: Charting tools need more indicators|Inactivity fee applies after 12 months
Do not believe the bonus offer from VENUS4T. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after seeing their ad online and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Regular platform improvements|Tax reports included|High security standards|Transparent fees
Cons: Limited social trading features
After doing some research AFTER the fact (I know, I should have done this first), I discovered that VENUS4T 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.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
The platform itself is okay, but the customer service at VENUS4T is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Multi-currency support|Excellent charting|Regular updates
Cons: No phone support on weekends