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Venom -

Score

1.56 /10
Danger

Venom

United States

2-5 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

https://www.venomtrading.com

Influence

D

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Comparison

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Score

Regulatory Index0.00

Business Index6.52

Risk Management Index0.00

Software Index4.74

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Venom

Company Abbreviation

Venom

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-03-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Data Source WikiFX Data provide
Updated: 2025-03-05
Venom · Company summary
VenomReview Summary
Founded2011-06-03
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsStocks/Options/Futures/Forex
Demo ✅
Trading PlatformVenom(Desktop/Web/Mobile)
Min Deposit$5000($3000 for 25 years of age or younger)
Customer SupportPhone: 877-792-6272/877-442-2757(24-hour)/972-491-7999
Fax: 972-491-3111
Email: info@cobratrading.com
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Venom Information

Registered in the United States, Venom is a brokerage company specializing in stocks, options, futures, and forex. The company was launched to provide a trading platform with no software fees, $5000 minimum accounts, and trading tools. Clients can access a copy of the Venom Desktop demo. Stocks are priced at $0.004 per share with a minimum of $1; options are priced at $0.75 per contract; futures are priced at $1.25 per side; and forex is priced at 0.20 basis points x transaction value with a minimum of $2.

Venom Information

Is Venom Legit?

Venom is not regulated, even though it claims to be a member of FINRA, NFA, and SIPC. However, an unregulated broker is not as safe as a regulated one.

Is Venom Legit?
Is Venom Legit?

Trading Platform

Venom Trader is available for Desktop, Web, and Mobile. Venom desktop is compatible with both PC, Mac, and Linux. Venom Mobile is available for iOS or Android.

Trading PlatformSupported Available Devices Suitable for
Venom Trader✔Desktop/Web/MobileAll traders

Deposit and Withdrawal

The minimum deposit for a Venom by Cobra Trading account is $5000. For those 25 years of age or younger, the minimum deposit to open an account is $3000. Clients can fund their accounts via check, wire transfer, bank ACH transfer, or online bill pay.

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FX1387424896
more than one year
This platform allowed me to start really making some money. Before I used to trade with a lot of other brokers but never made money. Their trading platform is very easy to use and friendly for newbies. Those who want to trade equities, options, futures and forex, definitely should try this platform.
This platform allowed me to start really making some money. Before I used to trade with a lot of other brokers but never made money. Their trading platform is very easy to use and friendly for newbies. Those who want to trade equities, options, futures and forex, definitely should try this platform.
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2023-03-16 16:44
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