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Vestrado
Suspected Fraud
Suspected Fraud

Vestrado

🇻🇨
  • Forex
  • Broker
  • ...
2-5 years
Website

Current Rating

3.46

Industry Tier

C

Profile

Vestrado Ltd is a forex broker established in 2020, headquartered in Saint Vincent and the Grenadines. As a relatively new market player, Vestrado provides a range of financial trading instruments, including forex, metals, energy, indices, etc., aimed at attracting various types of investors. Vestrado offers four different types of trading accounts with minimum deposits of $10. The trading platform provided by Vestrado is MetaTrader 4, with a maximum leverage of 1:2000.

vestrado

Trading Platform:

Vestrado uses the MetaTrader 4 (MT4) trading platform, which supports extensive customization, allowing traders to adjust the platform according to their trading needs and preferences. This includes implementing automated trading strategies, creating unique plugins, and developing technical indicators with the MetaQuotes Language (MQL4/MQL5). The MT4 platform is available not only for PC and Macbook but also for mobile trading apps on iOS and Android devices, ensuring users can engage in market trading anytime and anywhere. The MT4 mobile trading app combines the convenience of mobile technology with the comprehensive trading features of MT4, offering functions including managing open trades, real-time price streams, charting tools, execution alerts, and news feeds.

vestrado's MT4 (PC)

vestrado's MT4 (mobile)

Trading Products:

Vestrado offers a variety of investment instruments including more than 40 forex currency pairs, stocks, indices, commodities (such as oil, gold, silver), Bitcoin, and other cryptocurrencies. The diversity of these tools provides traders with a wide range of investment choices according to personal preferences, trading strategies, and risk tolerance. The platform supports a minimum trade volume of 0.01, with leverage up to 2000:1, and a minimum account opening amount of $10.

vestrado's trading instruments

Account Types:

Vestrado offers four different types of trading accounts: Frux Standard Account STP, Frux CENT Account, Fides Cashback Account, and Respectus ECN. These accounts have a minimum deposit requirement of $10, each providing different leverage and trading conditions to meet the needs of various investors.

vestrado's account types

Leverage and Trading Fees:

Vestrado's maximum leverage is 1:2000, with different account types offering different leverage options. The spreads and commissions vary across different accounts, for example, the Respectus ECN account offers spreads from 0.0 pips but charges a commission of $6 per lot.

vestrado's leverage

Deposit and Withdrawal Methods:

Vestrado supports various deposit and withdrawal methods, including bank wire, credit card, cryptocurrencies, local bank deposits, and transfers, providing customers with convenient options for managing funds.

vestrado's deposit methods

vestrado's withdrawal methods

Regulation and Security:

Vestrado is registered with SVG FSA (number 25911), however, SVG FSA does not regulate forex trading. Although Vestrado is registered with the agency, its forex trading activities are not subject to stringent regulatory standards and oversight. Vestrado claims to be registered with the South African Financial Sector Conduct Authority FSCA (number 51891), but this regulatory license does not cover the regulation of forex trading. Without strict regulation, investors may face higher risks to the security of their funds.

svgfsa's regulatory responsibility

vestrado's South African regulatory inquiry

Educational Resources:

In the field of forex trading, educational and informational resources are important for helping investors make informed trading decisions. Vestrado's educational resources are relatively limited, currently mainly including basic tools such as economic calendars. Limited educational resources may be insufficient for beginners or traders needing more guidance, which could be a limitation for novice traders or those requiring more assistance.

Customer Support:

Vestrado primarily offers customer support services through email, phone, and a contact form on their website. However, the company does not offer online chat service, which could be a disadvantage for customers needing quick feedback.

vestrado's contact methods

Global Coverage:

The service languages offered by Vestrado include English, Indonesian, and Thai, which shows the company's efforts to serve multilingual markets and potentially a broad customer base globally.

User Experience:

The interface and user experience provided by Vestrado via its website and trading platform are important aspects of assessing the quality of its services. Users can easily access account information, trading tools, and customer support through its intuitive website interface.

Market Positioning and Competitiveness:

As an emerging forex broker, Vestrado's position and reputation in the market are important considerations. Vestrado might be more inclined to serve entry-level or intermediate investors. Low minimum deposit requirements and a variety of account types might attract traders seeking flexibility and diverse trading options. However, the absence of regulation by well-known financial regulatory institutions may affect its appeal among professional investors and high-net-worth individuals.

Technology and Innovation:

Although Vestrado adopts the widely recognized MetaTrader 4 platform, the company does not seem to offer MetaTrader 5 or other more innovative trading tools or platforms. This could be inconvenient for traders who wish to use the latest technology.

Customer Feedback:

As a newly established company, customer feedback and reputation are crucial for evaluating the quality and reliability of Vestrado's services. Potential clients can gain insight into actual experiences with Vestrado's services through online ratings and reviews, which includes information on the quality of trade execution, effectiveness of customer support, and platform stability.

Tips on Choosing a Forex Broker:

Investors should consider the following when choosing a forex broker:

  1. Regulatory Compliance: Choosing a regulated broker is crucial to ensure the security of funds and fair trading practices.
  2. Trading Conditions: Understand the trading conditions of different account types, including leverage, spreads, commissions, etc., to select an account that best matches your trading strategy.
  3. Trading Platform and Tools: Choose a broker that offers a stable, user-friendly, and feature-rich trading platform.
  4. Customer Support: Good customer service can provide necessary help and support when encountering issues.
  5. Educational Resources: For novice traders, a broker offering rich educational resources can help them better understand the market and trading strategies.

Conclusion:

Vestrado, as an emerging forex broker, offers a diverse array of trading tools and flexible account types but still has room for improvement in educational resources, technological innovation, and customer support. When choosing a forex broker, investors should take into consideration various factors provided by the broker, such as the trading platform, tools, account types, leverage and fees, deposit and withdrawal methods, regulation and security, customer evaluations, etc. The needs and preferences of each investor are different, therefore choosing the most suitable broker is essential. Currently, Vestrado is listed as 'Suspected Fraud' on the Traderknows.

User Reviews

3.46

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FAQ About Vestrado

01

Vestrado是否为受监管的经纪商?

Vestrado目前没有受到任何金融监管机构的监管。

02

Vestrado是否适合交易?

Vestrado提供多种交易工具、多种账户类型和多种支付方式。然而,其缺乏监管和客户支持反应时间缓慢可能会让一些交易者感到担忧。

03

Vestrado提供哪些类型的交易账户?

Vestrado提供四种类型的交易账户:Frux Standard Account STP, Frux CENT Account(即将推出)、Fides Cashback Account 和 Respectus ECN。

04

开设Vestrado交易账户的最低存款要求是多少?

开设交易账户的最低存款要求为10美元。

05

Vestrado提供的最大杠杆是多少?

Vestrado提供的最大杠杆为1:2000,具体取决于选择的账户类型。

06

Vestrado提供哪些交易工具?

Vestrado提供多种交易工具,包括外汇、金属、股票、加密货币和指数。

07

Vestrado使用哪些交易平台?

Vestrado使用流行的MetaTrader 4 (MT4)交易平台,适用于桌面、移动和网页版本。

08

Vestrado的存款和取款方式有哪些?

Vestrado为存款和取款交易提供多种支付方式,包括本地转账、电汇、信用卡、USDT、电子钱包、虚拟银行账户、加密货币和本地存款等。

09

Vestrado的客户支持怎么样?

客户可以通过电子邮件、电话和实时聊天联系经纪商的支持团队。实时聊天功能可在经纪商的网站上找到,支持24/7访问。客户还可以通过Facebook和Twitter等社交媒体平台联系Vestrado的客户服务团队。

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Saint Vincent and the Grenadines
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Forex | CFD
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