www.versaillesfinances.com has been flagged by AMF (France) for "Unauthorised". Category: Forex 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.versaillesfinances.com.
I wanted to transfer my portfolio from another broker to www.versaillesfinances.com. 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: Portfolio tracking tools|Multiple order types
Cons: Could offer more webinars|Account statements could be more detailed
The platform at www.versaillesfinances.com is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since early this year of dealing with this, I have had enough.
Pros: Copy trading available|Educational resources|Economic calendar|Good mobile app
Cons: No crypto staking|Account statements could be more detailed
I gave www.versaillesfinances.com a fair chance. After since I retired last year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Smooth onboarding|Reliable uptime
Cons: Minimum deposit could be lower|Some tools only available on higher tiers
After for just over a year with www.versaillesfinances.com I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Regular platform improvements|Risk management tools
Cons: No live chat on mobile|Limited demo account features
www.versaillesfinances.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: Fast deposits|Dedicated account manager|Reliable uptime|Multiple order types
Cons: Account statements could be more detailed
The only good thing about www.versaillesfinances.com is that they remind you why regulation matters. I found them based on a colleague's recommendation. 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: Regular platform improvements|Competitive fees
Cons: No phone support on weekends|Inactivity fee applies after 12 months
I opened an account with www.versaillesfinances.com for a couple of months now ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Social trading features|Multi-currency support|Personal attention
Cons: Some tools only available on higher tiers
I signed up with www.versaillesfinances.com after a friend recommended them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Easy withdrawals|Transparent fees
Cons: Research section could be deeper
The onboarding at www.versaillesfinances.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: Stable platform|Clear documentation|Social trading features|Portfolio tracking tools
Cons: No integrated tax optimization|Minimum deposit could be lower
The spread at www.versaillesfinances.com is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after reading several online reviews and initially thought the platform was good - until I started trading seriously.
Pros: Wide product range|Reliable uptime|Good analytical tools|Two-factor authentication
Cons: Wish they had more educational resources