Verminiferous (verminiferous.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: verminiferous.com.
The platform itself is okay, but the customer service at Verminiferous (verminiferous.com) 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: Market news feed|Dedicated account manager
Cons: Currency conversion fee exists
My card was charged twice by Verminiferous (verminiferous.com) on the same day. I had to dispute it with my bank. Verminiferous (verminiferous.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: Quick verification|Copy trading available|Dividend tracking|Personal attention
Cons: Minor UI glitches occasionally|Desktop app not available on Linux
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Verminiferous (verminiferous.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Fast deposits|Reliable uptime
Cons: Currency conversion fee exists
The hidden fees at Verminiferous (verminiferous.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Regular updates|Segregated accounts
Cons: Website design could be more modern|No fractional shares
I joined Verminiferous (verminiferous.com) based on a colleague's recommendation and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Clear documentation|Reliable uptime
Cons: Account statements could be more detailed
The onboarding at Verminiferous (verminiferous.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Two-factor authentication|Fast deposits|Good mobile app
Cons: Desktop app not available on Linux|Onboarding videos are outdated
My withdrawal from Verminiferous (verminiferous.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for roughly four months of being strung along.
Pros: Two-factor authentication|Easy withdrawals|Easy to use platform|Reliable uptime
Cons: Spreads widen during volatile periods
What really bothers me about Verminiferous (verminiferous.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after my brother mentioned them and I fell for the polished exterior. Never again.
Pros: Wide product range|Two-factor authentication|Demo account available
Cons: Minimum deposit could be lower
I requested my data from Verminiferous (verminiferous.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: Real-time alerts|Competitive fees
Cons: No integrated tax optimization|Withdrawal takes 1-2 business days
Verminiferous (verminiferous.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: Easy withdrawals|Multi-device support
Cons: Would like more payment methods