Score
Saint Vincent and the Grenadines
|
5-10 years
| https://vestrado.com/
Website
Rating Index
MT4/5
Full License
Vestrado-Real
Influence
C
Influence index NO.1
Malaysia 4.42
MT4/5 Identification
Full License
JapanInfluence
C
Influence index NO.1
Malaysia 4.42
LicensesLicensed Entity：VESTRADO (PTY) LTD
License No. 51891
Saint Vincent and the Grenadines
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
vestrado.com Singapore
VIP is not activated.| Vestrado Review Summary | |
| Registered On | 2020-07-02 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | FSCA (Exceeded) |
| Market Instruments | Forex, Cryptocurrencies, Commodities, Indices, and Shares |
| Demo Account | ✅ |
| Leverage | Up to 1:2000 |
| Spread | From 0.0 pips (ECN) |
| Trading Platform | MT4, MT5 |
| Min Deposit | $10 |
| Customer Support | +971 4 570 6699 |
| support@vestrado.com | |
| Facebook, Instagram, Twitter, LinkedIn, YouTube | |
| Registered Address: First Floor, SVG Teachers Co-operative Credit Union Limited, Uptown Building, Corner of James and Middle Street, Kingstown, St. Vincent and the Grenadines | |
Vestrado is an online trading platform for global traders, offering a wide range of trading instruments and diverse services. It supports the MetaTrader 4/5 trading platforms and is compatible with multi-device operations on mobile phones, tablets, and computers. Meanwhile, the platform provides 24/5 customer support.
| Pros | Cons |
| Over 150 trading instruments | Exceeded |
| Leverage up to 1:2000 | Higher withdrawal fees |
| Flexible deposit and withdrawal methods | High leverage risk |
| Copy trading available | |
| MT4 and MT5 available |
Vestrado is not strictly regulated by authoritative financial institutions. Although the FSCA (Financial Sector Conduct Authority) used to regulate this company, its current regulatory status is “Exceeded”
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Vestrado offers three account types, including the Standard (Frux) account, Pro (Fides) account, and ECN (Respectus) account.
| Account Type | (Standard)Frux Account | (Pro Account)Fides Account | (ECN)Respectus Account |
| Spread from(Pips) | 1.5 | 0.8 | 0.0 |
| Minimum Deposit | $10 | $50 | $100 |
| Maximum Leverage | 1:2000 | 1:1000 | 1:1000 |
| Swap Free For Muslim | Yes | Yes | Yes |
| Commossion | No | No | 6 USD per lot for Minor Pairs |
For the ECN account, the spread starts from 0 pips. Most deposit methods have 0 handling fees (except for telegraphic transfers and local deposits). For withdrawals, most methods incur 0 handling fees, while cryptocurrency withdrawals are subject to a 1% handling fee.
The platform offers a maximum leverage of 1:2000. High leverage is suitable for experienced traders with strong risk-taking capabilities in order execution.
Vestrado supports the MetaTrader 4/5 trading platforms, enabling multi-device synchronization across mobile phones, tablets, and computers. This allows traders to conduct transactions anytime, anywhere with ease.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, MacOS, iOS, Andorid | Beginners |
| MT5 | ✔ | Windows, MacOS, iOS, Andorid | Experienced Traders |
Deposit
It offers 8 deposit methods, including local bank transfer, wire transfer, credit card, USDT, etc. The minimum deposit is $10, and most methods are credited within 5-10 minutes at the fastest.
| Method | Available Currency | Min | Max | Fee | Processing Time |
| Local Transfer | SGD, VND, INR | USD 10 | USD 10000 | 0% | 5-10 Minutes |
| Wire Transfer | USD | USD 10 | USD 10000 | Will cover the fees | 2-7 Days |
| Credit Card | USD | USD 10 | USD 10000 | 0% | 5-10 Minutes |
| USDT | USD | USD 10 | USD 10000 | 0% | 5-10 Minutes |
| E Wallet | USD, INR | USD 10 | USD 10000 | 0% | 5-10 Minutes |
| Virtual Bank Account | USD, IDR, MYR, VND, THB | USD 10 | USD 10000 | 0% | 5-10 Minutes |
| Cryptocurrencies | USD | USD 10 | USD 10000 | 0% | 5-10 Minutes |
Withdrawal
There are 7 withdrawal methods with a minimum withdrawal amount of $100. The processing time varies from 1 to 14 days, and most methods have 0 fees (cryptocurrency withdrawals are subject to a 1% fee).
| Method | Available Currency | Min | Max | Fee | Processing Time |
| Local Transfer | MYR, IDR, THB, SGD,VND, INR, BRL, CLP,COP, CRC, PEN, SVC | USD 100 | USD 10000 | 0% | 1-24 Hours |
| Wire Transfer | USD | USD 100 | USD 10000 | Will cover the fees | 7-14 Days |
| Credit Card | USD | USD 100 | USD 5000 | 0% | 7-14 Days |
| USDT | USD | USD 100 | USD 10000 | 0% | 1-24 Hours |
| E Wallet | USD, BRL, CLP, COP,CRC, PEN, SVC | USD 100 | USD 10000 | 0% | 1-48 Hours |
| Virtual Bank Account | USD, IDR, MYR, VND, THB | USD 100 | USD 10000 | 0% | 1-24 Hours |
| Cryptocurrencies | USD | USD 100 | USD 10000 | 1% | 1-24 Hours |
| Local Depositor | USD, MYR, BND, PKR, INR | USD 100 | USD 10000 | Depending on the rate offered | 5-10 Minutes |
Vestrado's copy trading service allows traders to automatically replicate professional traders' strategies in real time with zero additional fees.
When evaluating a forex broker, regulation and transparency are crucial indicators of trustworthiness. Unfortunately, not all brokers meet these essential standards. Vestrado, a trading platform currently operating in the global forex market, presents several concerning issues that traders should not ignore.
Vestrado, owned by Vestrado Ltd, is an investment corporation registered in Saint Vincent and the Grenadines. To figure out if this broker is worthy to invest in, we made a careful and thorough review of this broker.
When I looked into Vestrado broker, I found that the minimum deposit for the standard account is only $10, which is quite affordable. However, for their Silver account, you would need to deposit at least $20,000, which might not be feasible for all traders. Personally, I find the lower deposit requirement for the standard account quite attractive.
From my perspective, the fact that Vestrado is unregulated makes me hesitant to trust it entirely. If I were to trade with Vestrado, I would be very cautious about my risk exposure. I always suggest traders review the broker’s regulation status thoroughly before deciding to open an account and make a Vestrado login.
Vestrado offers over 150 trading instruments, including forex, cryptocurrencies, commodities, shares, and indices. Personally, I love the variety of assets available, which allows me to diversify my trading strategies. This range gives me the freedom to explore different markets and maximize my trading opportunities.
After exploring Vestrado, I saw that they offer a variety of deposit methods including local bank transfers, credit cards, and even cryptocurrency. The best part is that most of the deposit methods are processed within 5-10 minutes, which is great for me when I want to start trading immediately.
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