Score
VenusFX
United Kingdom|2-5 years| https://venusfx.co/
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No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 2081576795
Other ways of contact
Broker Information
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VenusFX
VenusFX
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | $1,000,000 + |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | 1:400 |
| Minimum Deposit | $100,000 - $1,000,000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | 1:200 |
| Minimum Deposit | $25,000 - $100,000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | 1:100 |
| Minimum Deposit | $10,000 - $25,000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | 1:50 |
| Minimum Deposit | $5000 - $10,000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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VenusFX · Company Summary
Note: VenusFX's official website: https://venusfx.co/ is currently inaccessible normally.
| VenusFXReview Summary | |
| Founded | / |
| Registered Country/Region | United Kingdom |
| Regulation | Not regulated |
| Market Instruments | CFDs, Cryptocurrencies, Currency pairs |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| EUR/USD Spread | 0.8 pips |
| Trading Platform | Webtrader |
| Min Deposit | $5000 |
| Customer Support | 24/5 contact form |
| Phone: +44 2081576795 | |
| Email: support@venusfx.co | |
VenusFX is an offshore broker who was regeisterd in the United Kingdom in 2024. Its leverage is up to 1:1000. However, its minimum deposit is up to $5000, and it is not regulated.
Pros and Cons
| Pros | Cons |
| Diverse trading instruments | High minimum deposit |
| Not regulated | |
| No MT4 or MT5 | |
| Relatively new |
Is VenusFX Legit?
VenusFX is not regulated, even the UK's Financial Conduct Authority (FCA) warned it is not authorised. It means VenusFX is not supervised by any regulations and doesn't need to obey the rules of regulations. Traders should be cautious when trading.
What Can I Trade on VenusFX?
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Cryptocurrencies | ✔ |
| Currency pairs | ✔ |
| Commodities | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Options | ❌ |
Account Type
VenusFX offers five account types: Basic, Silver, Gold, Platinum and Diamond.
| Account Type | Min Deposit |
| Basic | $5000 |
| Silver | $10000 |
| Gold | $25000 |
| Platinum | $100000 |
| Diamond | $1000000+ |
Leverage
The leverage ratio is the amount of money you can borrow to trade with. VenusFX offers maximum leverage of up to 1:1000, which means that you can control a position worth 1000 times your initial deposit. For example, if you deposit $100, you could control a position worth $100,000.
The leverage ratios for the different account types at VenusFX are as follows:
| Account Type | Max Leverage |
| Basic | 1:50 |
| Silver | 1:100 |
| Gold | 1:200 |
| Platinum | 1:400 |
| Diamond | 1:1000 |
Leverage can magnify your profits, but it can also magnify your losses. If the market moves against you, you could lose more money than you deposited.
Spread
The spread of VenusFX is 0.8 pips on EUR/USD, which costs less than other brokers.
Trading Platform
VenusFX offers VenusFX Trading Platform, which is a web-based trading platform that allows you to trade from any device with an internet connection.
| Trading Platform | Supported | Available Devices | Suitable for |
| Webtrader | ✔ | Web | / |
| MT4 | ❌ | Desktop, Mobile, Web | Beginners |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced traders |
Deposit and Withdrawal
VenusFX claims that it can deposit and withdraw through VISA, Mastercard, Skrill, CashU, bank wire transfers and Bitcoins. However, it also needs 20% fees for withdrawal. The minimum deposit is $5000 and deposit fees are not mentioned.
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