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.
Verminiferous (verminiferous.com) 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: Easy to use platform|Full transparency|Competitive fees|Dividend tracking
Cons: Alert system is basic|Wait times can be long during peak hours
I closed a profitable position at Verminiferous (verminiferous.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Dedicated account manager|Transparent fees|Real-time alerts|Segregated accounts
Cons: No fractional shares
I lost a significant amount because Verminiferous (verminiferous.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Dividend tracking|Instant funding|API access|Multi-currency support
Cons: No phone support on weekends|Email notifications too frequent
The reporting at Verminiferous (verminiferous.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: No hidden fees|Educational resources
Cons: Desktop app not available on Linux
My withdrawal request from Verminiferous (verminiferous.com) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Stable platform|Multi-device support
Cons: Wait times can be long during peak hours|Limited demo account features