Today’s Ventorus review focuses on a Forex/CFD broker that can no longer be considered a newcomer to the market. The company, registered in Saint Lucia, promises traders everything they need for comfortable and profitable trading. This includes 160+ trading instruments, a modern terminal, secure operations, and qualified support. It all sounds promising, but is the firm truly ready to deliver on these promises? Or is this yet another scam aimed at taking clients’ money? These are the questions we sought to answer, and the results can be found below.
Key Features
- Company Name: Apex mkt Ltd. (Ventorus)
- Website: https://www.ventorus.com/
- Available Contacts: [email protected]; +442031505084
- Foundation: 2023
- Services: Forex/CFD trading
- License: MISA
- Initial Deposit: $250
From Sign-Up to Payout
Ventorus has had ample time to refine its official website. While the page design may be a matter of taste, it’s fair to say that the site appears complete and makes a good impression. There are also no issues with page load speeds.
The content is decent, but not without flaws. The most significant, in our opinion, is the overuse of promotional language. Of course, a company must convince potential clients of its excellence. However, when this is repeated in every second sentence, the texts become monotonous. Additionally, a significant portion of the content is repeated across pages with minimal variation.
The process of registering as a new client is also fairly straightforward, despite being somewhat lengthy due to the requirement to fill out a detailed questionnaire.
Interestingly, the reason for such an extensive questionnaire remains unclear to us. It does not influence investor status (retail or professional) since the broker does not differentiate between the two. Trading conditions also remain unaffected by the responses. Perhaps the platform’s specialists intend to tailor promotional offers, though these can be opted out of.
One notable question arises: why did the project owners choose to focus on the Asia-Pacific region (China, Korea, India, etc.) and avoid working with European traders (registrations with European details are not accepted)? We will attempt to find the answer.
Non-trading operations are organized logically. Payments are processed by the Cypriot company Valsia Services Ltd, providing the broker’s clients with various deposit options.
In summary, Ventorus operates as well as any established licensed broker. However, it is too early to draw definitive conclusions.
Our Trading Experience With Ventorus
The company offers traders a reasonably good terminal. Unfortunately, we do not know the developer’s name but are confident it was not created by Ventorus specialists. This is because it is not the first broker to utilize this software.
The terminal is based on the TradingView widget, which brings several advantages. For instance, traders have access to an extensive list of graphical tools for price chart analysis and a solid set of technical indicators.
However, building a fully functional terminal based on a widget is challenging, and this software has its drawbacks:
- Multi-chart mode is not supported, meaning switching between charts leads to additional time — and possibly money — losses.
- The market overview (asset list) is logically organized but does not allow for quick navigation to specific symbols, resulting in further inefficiencies.
- 1-Click trading is not available.
- There is no option to expand the indicator set with custom scripts.
As a result, the platform falls short of the best trading software. We cannot understand why this particular solution was chosen. Perhaps the project owners lacked the funds to purchase even a minimal version of MetaTrader 4 or 5.
Another possibility is that the developers provided administrators with full access to the trading server’s quote flow. For any broker using the DD (Dealing Desk) model, this is a goldmine. Unfortunately, for traders, this significantly reduces the likelihood of profitable trading. However, the platform owners are unlikely to prioritize traders’ interests.
This assumption is further supported by the trading conditions published on Ventorus’ website. Evaluating them requires gathering information from multiple pages.
Naturally, one starts with account types. There are five in total, and the differences between them are minimal, as indicated in the tariff table. For all accounts:
- The maximum leverage is 1:400.
- Margin Call is set at 100%, and Stop Out at 20%.
- Clients have access to 160+ trading instruments (although the terminal’s asset list suggests the “+” represents many more than 160).
- Trading commissions are zero.
Additional information is available on the Product Specification page. Here, a table lists all accessible assets, including the maximum leverage for each, standard lot sizes, and minimum and maximum trade volumes.
However, the most critical information remains hidden. Naturally, traders must know the maximum leverage to assess risk levels — which are very high. Only experienced traders with excellent risk and money management skills can work with 1:400 leverage.
Equally important to clients are costs, determined by spreads and swaps, which the company does not disclose. For example, the account characteristics vaguely state that spreads for the Classic account start at 1 pip. However, the terminal shows a different reality. For the most liquid pair, EUR/USD, which usually has the lowest spread, it is 4 pips.
Trading under such conditions means giving Ventorus a significant portion of its profits. We would never agree to work with such a greedy broker.
The Reality Check
To determine whether Ventorus provides brokerage services legally, it is essential to analyze official company information. Naturally, we begin with registration and regulation. The broker claims to belong to a Saint Lucia-registered company, Apex MKT Ltd. A verification reveals that a record of this company as an IBC (International Business Company) exists in the registry of this Caribbean state.
Meanwhile, the broker has not obtained a local license. The only authority capable of issuing one is the highly reputable Eastern Caribbean Central Bank (ECBB). However, it imposes strict requirements and limitations on brokerage firms. Since the company opted not to obtain a license here, we can assume these conditions were unsuitable.
The project’s creators found an alternative: an affordable financial regulator license from MISA, issued on the island of Mwali (Moheli), Comoros Union. The Terms & Conditions section provides evidence of operating under this regulator. Verification confirms that the company is both registered on this island and holds the necessary license.
However, the value of such a license is often rated only slightly higher than having none at all. Experts frequently state that a MISA license is as useless as registration with the SVG FSA (Financial Services Authority of Saint Vincent and the Grenadines), which neither licenses nor regulates Forex/CFD brokers. The issue is that MISA imposes virtually no requirements on such brokers, does not restrict trading conditions, and barely considers the interests of traders.
The trustworthiness of these documents is highlighted, for example, by a Japanese regulator’s Investor Alert regarding Apex mkt Ltd. The alert states that the company provides services illegally without mandatory registration in Japan. The possession of a MISA license is not even considered grounds for legal operations.
It seems we have found the answer to why the broker does not work with European traders. Regulators in Europe impose strict requirements on brokers and prohibit operations without local licenses. As we have seen, this does not suit Ventorus.
In conclusion, saying the broker operates illegally would not be entirely accurate. However, every trader should understand that opening and funding an account here is done at their own risk. No one protects their interests, and the likelihood of losses is extremely high.
How Long Has Ventorus Been in the Game?
We have already clarified the broker’s status and the level of trust it commands. However, gaining insight into the platform’s age would not hurt. Since this information is absent on the site, we turn to the whois service.
As we can see, the company uses the domain ventorus.com, registered back in 2021. However, snapshots from the Web Archive show that the domain was listed for sale until the second half of 2023. It appears that the firm acquired it and began developing the site in June 2023.
This is confirmed by the broker’s social media activity. For instance, their YouTube channel was created on August 30, 2023, and the first post on X (formerly Twitter) appeared in November 2024.
The social media activity also provides food for thought. Judging by the engagement, the broker is far from popular. Over the course of a year, their X account has gained only two followers, and their YouTube channel, over a slightly longer period, has managed just 39 subscribers. It seems the company owners are not particularly focused on social media efforts, as evidenced by the mere five videos uploaded to the YouTube channel during its existence.
Extra Fraud Indicators
We would not call this broker popular. Even after more than a year, there are relatively few Ventorus reviews. However, some aspects of them are concerning. For instance, on Trustpilot, 72 users have shared their opinions about the company. Among these, a fair number have rated its services with the lowest possible score.
Nevertheless, the overall rating remains relatively high. This is largely influenced by the flood of positive reviews posted recently. For example, three posts appeared on November 8 and another four on November 15, all praising the excellent terminal, fantastic training, and overall greatness of the company. Such image-polishing tactics are typically associated with scammers.
There is another rather unpleasant fact for Ventorus: on thematic websites, experts have labeled the project as fraudulent. Many of these judgments are specifically directed at Apex mkt Ltd.
Is Ventorus the Right Fit?
The Ventorus review is complete, so let’s summarize. The company owning this broker is officially registered and even holds a MISA license. However, the value of this document is minimal, and in most regions of the world, the firm’s brokerage activities are considered illegal. The platform’s trading conditions, though relatively detailed, are far from appealing: the risks and costs to clients are excessively high. We would advise against working with this broker and suggest choosing more established firms licensed by reputable regulators.
There are plenty of colorful stories online about how Ventorus helped a newbie trade from scratch and achieve financial success. However, as soon as I started trading here, it became clear that all those tales were crafted by skilled writers who got paid for them. The harsh reality is that the broker tells prospective clients beautiful fairy tales, persuades them to deposit funds, gets what it wants, and then helps them part with their money – not to profit. Since it’s all done semi-legally, it’s not outright fraud. But your money still disappears.
I made a huge mistake trusting Ventorus. The company representatives convinced me to invest, promising top-notch capital protection. Only later did I realize that the protection was needed from them! I started with $1,000. After depositing, $200 was immediately deducted for so-called protection, which I had never been informed about. My complaints were ignored. Within a week, I noticed the balance steadily declining. Analyzing my trades, I found that not a single one advised by my personal manager closed in profit. Yet, they regularly urged me to deposit more funds, promising great profits. I’ve had enough and requested a withdrawal of the remaining balance. I strongly advise against dealing with them.
Just trying it out so far, and I like it. I have tons of questions, but support doesn’t seem willing to answer them. Can anyone recommend good training programs? Don’t suggest the ones here; I can’t make sense of them.