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VEMarkets Review

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VEMarkets was an unlicensed Forex & Crypto broker, that first opened in April 2018. Their website is no longer working, which makes them a scam.

VEMarkets is now owned and operated by: Grau International OU with a location of: Harju Maakond, Tallinn, Kesklinna Linnaosa, Parda tn 4, 10151, Estonia. Their phone number in England is: +44 203 936 5626, and in Ireland: +353766805967. Customer support email is: [email protected], and the official website is: https://VEMarkets.com.

For withdrawal issues and complaints, read this.

WARNING!!! VEMarkets is NOT Authorised by FCA or ASIC. Look at the Best Forex Brokers

VEMarkets Reviews

VEMarkets gives their clients and investors a web based trading platform made by TraderSoft. Their software has CFD’s, Crypto Currencies, and Simplified Forex trading, available on hundreds of underlying assets in the markets of Forex, Stocks, Commodities and Market Indices.

As with many CFD brokers, the difference is the level of leverage offered on the various underlying assets. Bitcoin CFD trading is available for example, at a 1:10 leverage with spreads of $135. The minimum deposit for a basic fixed spread trading account is $250. This broker does not offer MT5 or mobile apps, you can only use their web based trading software.

Bonus money is added to your account once you make a deposit. Before you can withdraw your money, you will need to generate trading volume of 60 times your initial deposit. This is a major cause of complaints, and it is the reason why ESMA banned to use of bonuses at licensed brokers.

VEMarkets Trading Software

Get Rich Quick Scam

WARNING! Don’t use any Crypto / Bitcoin Code trading app until you read this article .

And then, you should try some of the most popular trading platforms, see here.

Is VE Markets a Licensed Broker?

No, VE Markets is not a licensed broker. The financial regulator of Estonia issued this warning.

When the Scam Broker Investigator reviews a new broker, we know if they are legitimate broker by checking for a valid brokerage firm license. Many Forex brokers are licensed by a local regulator like ASIC in Australia, FCA in the United Kingdom or by FSB South Africa.

Smart traders always verify that the broker they are going to invest with, is also licensed in their local country. You can find a list of all the popular Forex brokers here.

Compare VEMarkets

With hundreds of brokers to choose from, traders usually choose one of the best brokers.

ForTrade are the best United Kingdom brokers, since they are authorised by the FCA, look here. Start with a Free Demo Account, Signup at: ForTrade.com.

What was your trading experience with VEMarkets like? Please leave your review in the comments below.