Vick Ventures (vickventures.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: Ryde 2112 New South Wales, Australia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: vickventures.com.
I lost a significant amount because Vick Ventures (vickventures.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: Regular platform improvements|Full transparency|Clear documentation
Cons: Spreads widen during volatile periods|Nothing significant
Vick Ventures (vickventures.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: Social trading features|Two-factor authentication|Great customer service|Good analytical tools
Cons: Cannot customize dashboard fully
I found Vick Ventures (vickventures.com) after a friend recommended them and the initial impression was positive. But since I retired last year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Regular updates|No hidden fees|Multi-currency support|Great customer service
Cons: Charting tools need more indicators|Live chat only during business hours
The hidden fees at Vick Ventures (vickventures.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: Easy withdrawals|Smooth onboarding|Fast support response|Quick verification
Cons: No crypto staking
The reporting at Vick Ventures (vickventures.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: Great customer service|Reliable uptime|Competitive fees|Social trading features
Cons: Nothing significant|No phone support on weekends
My withdrawal from Vick Ventures (vickventures.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 about three months of being strung along.
Pros: Fast support response|Clear documentation|Easy withdrawals|Segregated accounts
Cons: No dark mode on mobile|Live chat only during business hours
The only good thing about Vick Ventures (vickventures.com) is that they remind you why regulation matters. I found them through word of mouth in my investment club. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Fast deposits|Tax reports included|Wide product range
Cons: No fractional shares
KYC with Vick Ventures (vickventures.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Personal attention|Easy to use platform|Fast execution
Cons: Minor UI glitches occasionally
Vick Ventures (vickventures.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Easy withdrawals|Fast support response|Personal attention|No hidden fees
Cons: Wish they had more educational resources|No integrated tax optimization