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Vandera-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-11-13 17:00

Abstract:Vandera is an unregulated broker based in Singapore. It features a design similar to online casino firms, aiming to attract depositors, yet it's not trustworthy as it seems to profit from unsuspecting users.

Note: Vandera's official website: https://vandera.io/ is currently inaccessible normally.

Vandera Review Summary
Founded/
Registered Country/RegionSingapore
RegulationNo Regulation
Market Instruments300+, FX, Stocks, Commodities, Indices and Cryptocurrencies
Demo Account❌
Leverage/
Spread/
Trading Platform/
Minimum Deposit$500
Customer SupportEmail: support@vandera.io
Address: 1 George St, Level 10, Singapore 049145

Vandera is an unregulated broker based in Singapore. It features a design similar to online casino firms, aiming to attract depositors, yet it's not trustworthy as it seems to profit from unsuspecting users.

Pros and Cons

Pros Cons
Various trading marketsNon-functional website
No regulation
Limited info on trading conditions
High minimum deposit

Is Vandera Legit?

At present, Vandera lacks valid regulations. We do suggest that you look for other regulated brokers.

Is Vandera Legit?

What Can I Trade on Vandera?

Vandera offers over 300 tradeable instruments including FX, Stocks, Commodities, Indices and Cryptocurrencies delivered with free historical tick data.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Stocks✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌

Deposit and Withdrawal

The payment method available at Vandera is bitcoin. Debit cards are only available for residents of certain countries.

The minimum deposit amount is as high as $500.

Withdrawals take from 1 hour to 1 working day, and up to 5 working days to wire transfer eligible countries.

Fees

Vandera charges a 2% performance fee on investor profits.

Related broker

No Regulation
Vandera
Company name:Vandera
Score
1.49
Website:https://vandera.io/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.49

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