Score
United Kingdom
|
5-10 years
| --
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
United Kingdom
VIP is not activated.
Note: VEONCO's official website: https://veonco.com is currently inaccessible normal.
| VEONCOReview Summary | |
| Founded | 2019 |
| Registered Country/Region | United Kingdom |
| Regulation | Not regulated |
| Market Instruments | Forex, indices, commodities, stocks, precious metals, and cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:200 |
| Spread | From 3 pips (Classic account) |
| Trading Platform | MT5, web-based |
| Min Deposit | $100 |
| Customer Support | Email: support@veonco.com |
| Address: HugeDomains 2635 Walnut St. Denver, CO 80205 | |
Veonco is an online Forex and CFD broker and is not currently subject to any effective regulation.
| Pros | Cons |
| Wide variety of trading assets | Inaccessible website |
| Four types of trading accounts to choose from | No regulation |
| Popular trading platform MT5 | Wide spreads |
| Few ways to deposit and withdraw funds | |
| Only email support |
The prerequisite of measuring the safety of a broker is to see if it is formally regulated.
Veonco is currently an unregulated broker, which means that clients' funds and trading activities on the Veonco platform are completely unprotected compared to those regulated well.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Precious metals | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
VEONCO offers four account types: Classic, Standard, Premium and Tailored.
| Account Type | Min Deposit |
| Classic | $100 |
| Standard | $3 000 |
| Premium | $10 000 |
| Tailored | $100 000 |
The leverage of VEONCO is up to 1:200. High leverage always comes with high returns and high losses.
Spread on the Classic accounts starts at 3 pips, which is much higher than the industry standard, while spreads and commissions on other accounts are not known at this time.
| Trading Platform | Supported | Available Devices | Suitable for |
| Webtrader | ✔ | Web | / |
| MT5 | ✔ | Desktop, Mobile and Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
VEONCO accepts deposits and withdrawals via the standard Visa and MasterCard, as well as bank wire.
Veonco is a forex and CFD broker who doesn’t disclose much details about the entity behind the operation. This, of course is a major issue, as well as the fact that this brokerage doesn’t hold a lgit forex license. So, if you are tempted by the seemingly attractive offer of Veonco, be sure to read the following lines first.
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Gustavo@Fring
Malaysia
Edit in backdoor mt4 Later. who deposit to join under Veonco ib, it will trade and burn your account. Then it will edit new account customer name to show you profit to trap you join repeat and repeat Editing in backdoor mt4. Inbox if u not convenience to post. Let page help u post all your losing money caused by Veonco ib. U can see no one yet deposit, so never trade to edit. Once u deposit veonco ib will start trade till lose all your capital. Now they already closed their website! Beware of their IB!
Exposure
FX2539982092
Malaysia
Scam group cheated many of us money, don’t come out to mislead others without proper foreign exchange knowledge
Exposure
FX2061649186
Malaysia
Every time I was asked to believe him and 10%-20% of the money would be received every month. As a result, I lost more and lost less. I haven't been able to get my money back. I keep saying that I ran away and called the police. If you lied to me, you can still drive a luxury car to buy a new home I lose, and I can’t withdraw money afterwards
Exposure
FX2539982092
Malaysia
He cheats me of over RM50,000. Now he disappeared.
Exposure
FX2539982092
Malaysia
The agent and the client made the initial deposit because they believe you. If you don’t have the correct knowledge, please don’t teach the wrong knowledge to others. They said it doesn’t matter how slow you withdraw the money, you will receive the money in the end. But it’s been half a year. You should face your mistakes and compensate us instead of hiding. We only hope to get compensation. This is our last thing to tell you. Please come out and face it.
Exposure
isaac44559
Malaysia
The guy who recommended Veonco to me disappeared after things happened. And the withdrawals are unavailable
Exposure
FX1074324650
Malaysia
Fraud I haven't received the money for 4 months Website is closed now
Exposure
cyrus72981
Malaysia
Don't shrink your repsonsibility. And agents are cheated by VEONCO
Exposure
cyrus72981
Malaysia
Broker passes buck on the agent but it does not take responsibility when something happens. High-level deceive agents and customers to seek justice
Exposure
FX2539982092
Malaysia
I traded with an agent frm a Malaysia company. Can't withdraw funds in this platform at all.[d83d][de21] They claimed it's a formal platform. This is a phone number of a leader in this company. It's useless if you find other agents cuz agents are cheated by their leaders
Exposure
FX2101904014
Malaysia
The withdrawal hasn’t been to my bank account for over four months. At first, it’s said that the withdrawal can arrive in 3-5 working days. But it has been delayed again and again with no info. Can u help me handle it?
Exposure
李峻颍
Malaysia
I applied for a withdrawal on November 24, and I still cann't withdraw on December 21. Is this a fraud platform? It is said that the withdrawal only takes 3-5 working days. How come it has been close to 1 month that there is no withdrawal? Please process my withdrawal as soon as possible, thank you! ! ! Every time I ask the customer service, he always responds to me in the same way. I kind of suspect that this is a fraud platform and a Ponzi scheme. As long as there is no withdrawal for one day, this platform is a fraud platform. Please choose the platform carefully.
Exposure
FX2716327275
Malaysia
It has bee ntwo months since I withdrew on 2/10/2020. And I haven't received the withdrawal yet. Please be quick!!!
Exposure
FX8785029832
Malaysia
根本就是诈骗集团 看到的记得别投资除非你钱多 TERMS AND CONDITIONS Use of the Website The user warrants and represents to the Company that he is legally entitled to make use of information made available via the website. The Company reserves the right at its sole discretion to change, modify, add, or remove any portion of this Website or these Terms of use at any time and for any reason, without a notice to the user.
Exposure
cyrus72981
Malaysia
I have applied for withdrawals for three months. Fraud platform is not recommeded unless you wanna be cheated
Exposure
cyrus72981
Malaysia
Don't refund when there is a slippage with excuses. This fraud platform hasn't been regulated. You'll regret after you use it.
Exposure
Keith98122
Singapore
Always give me the same reply.
Exposure
Martin 马超
Malaysia
Egume +60 12-907 8610 The leader of Malaysia. A lot of accounts have been wiped out.
Exposure
Martin 马超
Malaysia
The platform made us lose money when we wanna withdraw. It has been several months since I can’t withdraw
Exposure
cyrus72981
Malaysia
The eamil said it will be successfully transferred within three to five days. But I've waited for almost two months and the witdhrawal doesn't arrive. Please return my hard-earned money.
Exposure