Vourteige Information
Vourteige is a trading service provider that operates under Quintero LLC's ownership. It is incorporated in Saint Vincent and the Grenadines. The broker mainly offers trading in CFDs, Cryptocurrencies and Forex, and supports a variety of trading payment methods. Unregulated and disclosed by institutional risk is its disadvantage, so traders please be careful of the occurrence of risk.
Pros and Cons
Is Vourteige Legit?
Vourteige is a trading service provider that operates under Quintero LLC's ownership, which is currently unregulated. In addition, the broker was disclosed by CH FINMA (2024-05-28) and UK FCA (2024-06-04) respectively, with both bodies specifying that the broker was providing financial services or promoting financial products without its permission and authorisation. Therefore, the broker has great insecurity. Investors please pay attention to the occurrence of risks.
What Can I Trade on Vourteige?
Vourteige offers few types of trading products, it supports the trading of . Vourteige says it is constantly improving its trading platform, introducing additional assets and constantly expanding its cryptocurrency range. At Vourteige, you can participate in forex trading 24/7 and access a variety of currency pairs, including minor, major and foreign currency pairs.
Vourteige Fees
Vourteige says it offers traders low and transparent fees. The main expense incurred by traders is the spread. In addition, in addition to Islamic accounts, there are dormant account fees for accounts inactive for more than one year and swap fees for overnight positions. A commission of 19% of profits is charged at the end of the accounting period. Vourteige encourages customers to contact customer support for the most up-to-date fee information and to help with any fee-related issues. Unfortunately, the cost information mentioned by Vourteige is not very clear.
Trading Platform
Deposit and Withdrawal
Transactions supported by the brokerage include VISA, Maestro, Mastercard, Skrill, PayPal, SWIFT, NETELLER and Citibank. In addition, Vourteige's basic account requires a minimum deposit of $250, although it is the minimum deposit requirement for novice traders, but $250 is not a low threshold, and there are many lower thresholds than Vourteige.
Customer Service
Vourteige does not offer 24/7 or 24/7 customer support. The broker provides customer service through telephone, email and offline physical addresses.
The Bottom Line
Vourteige, by contrast, has more problems than advantages. Although it offers a variety of payment methods, the information about account types and fees is not clear and transparent, it does not support popular trading platforms, and it sets a deposit threshold that is not quite low for novice traders. These factors will largely dissuade some traders.
FAQs
Is Vourteige safe?
No, it's not safe. Vourteige is not regulated and has been flagged by regulators, indicating that trading with Vourteige involves significant risks and traders should be careful.
Is Vourteige good for beginners?
No, the broker is not for beginners. With its unregulated status combined with the risks associated with it, Vourteige is not the best choice for beginners. And the lack of a popular trading platform, MT4/MT5, will limit new traders.
Is Vourteige good for day trading?
No, it is not suitable for day trading. The unregulated status and lack of advanced trading platform MT4/MT5 are not suitable for this type of trading. Unregulated brokers like Vourteige cannot provide a safe, reliable and feature-rich trading environment.
