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.
Please enter...
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
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