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Venn Prime Securities- Some Important Points about This Broker

WikiFX | 2023-10-26 15:01

Abstract:Venn Prime Securities Limited, established in 2020 and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, is an online trading broker offering various financial instruments such as Forex, precious metals, energies, indices, and stocks. It provides three account types and a demo account with spreads starting from 0.1 pips and maximum leverage of 1:100 through the advanced MetaTrader 5 (MT5) trading platform. However, information on minimum deposits is not provided.

Venn Prime Securities Review Summary
Founded2020
Registered Country/RegionMalaysia
RegulationLabuan Financial Services Authority (Labuan FSA)
Market InstrumentsForex, Precious Metals, Energies, Indices, Stocks
Demo AccountYes
LeverageUp to 1:100
SpreadStarting from 0.1 pips
Trading PlatformMetaTrader 5 (MT5)
Customer Support+60 87 410 524
info@vennprime.com
Live Chat

Venn Prime Securities Information

Venn Prime Securities Limited, established in 2020 and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, is an online trading broker offering various financial instruments such as Forex, precious metals, energies, indices, and stocks. It provides three account types and a demo account with spreads starting from 0.1 pips and maximum leverage of 1:100 through the advanced MetaTrader 5 (MT5) trading platform. However, information on minimum deposits is not provided.

Venn Prime Securities Information

Pros and Cons

ProsCons
  • Supports Meta Trader 5
  • Limited information on minimum deposits
  • Offers three account types and a demo account
  • Limited information on commissions
  • Regulated by Labuan FSA

Is Venn Prime Securities Legit?

Venn Prime Securities has straight-through processing (STP) license number MB/19/0036, which is regulated by the Labuan Financial Services Authority (Labuan FSA) in Malaysia.

Regulatory StatusRegulated
Regulated byLabuan Financial Services Authority (Labuan FSA)
Licensed InstitutionVenn Prime Securities Limited
Licensed TypeStraight Through Processing(STP)
Licensed NumberMB/19/0036
Is Venn Prime Securities Legit?

What Can I Trade on Venn Prime Securities?

Venn Prime Securities provides access to many market instruments, including over 60 currency pairs, precious metals like gold and silver, global indices, energy commodities such as oil and gas, and various stocks, including prominent U.S. shares like Amazon, Apple, and Tesla.

Tradable InstrumentsSupported
Forex✔
Metals✔
Stock✔
Indices✔
Energies✔
Shares❌
Mutual Funds❌
What Can I Trade on Venn Prime Securities?

Account Type

Venn Prime Securities offers three distinct account types: Classic, Pro, and Elite. They all offer a maximum leverage of 1:100 and swap-free trading. It also offers demo accounts for trading.

Account TypeSpreads fromSwap-freeMax Leverage
Classic Account1.1 pips✓1:100
Pro Account0.5 pips✓1:100
Elite Account0.1 pips✓1:100
Account Type

Venn Prime Securities Fees

The spreads at Venn Prime Securities vary based on the chosen account type, starting from 0.1 pips for the Elite Account.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Meta Trader 5✔PC and MobileInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

Clients of Venn Prime Securities can deposit funds through various methods, including wire transfer, Neteller, Skrill, and Dragonpay.

Deposit and Withdrawal

Related broker

Not Regulated
VEMPRIME Securities
Company name:Venn Prime Securities Limited
Score
1.91
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.91

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