Verizun has been flagged by Financial Conduct Authority for "Unauthorised". Firm claiming to be regulated by FCA - Breach of s24 FSMA 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.verizun.com.
I have been trying to close my account with Verizun for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Intuitive for beginners|Market news feed
Cons: Minor UI glitches occasionally|Limited cryptocurrency options
After seeing ads for Verizun online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
I wanted to transfer my portfolio from another broker to Verizun. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Great customer service|API access|Smooth onboarding|Clear documentation
Cons: Inactivity fee applies after 12 months
I trusted Verizun with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Low minimum deposit|High security standards|Quick verification
Cons: Website design could be more modern|No live chat on mobile