Company Name
Vatee Pty Limited
Company Abbreviation
Vatee
Platform registered country and region
Australia
Company website
Company summary
Pyramid scheme complaint
Expose
| Vatee Review Summary | |
| Founded | 5-10 years |
| Registered Country/Region | Australia |
| Regulation | Regulated |
| Market Instruments | Forex, precious metal, commodities and indice, share CFDs, Cryptos CFDs |
| Demo Account | N/A |
| Leverage | 1:500 |
| Spread | Standard Accounts: from 1.7 pips; Zero Account: from 0.0 pips |
| Trading Platform | MT4 |
| Min Deposit | $300 |
| Customer Support | Phone: +61 (02) 92510117 |
| Email: info@vateefx.com | |
| Address：Room 3148, Island Motel Building, Port Vila, Vanuatu | |
Vatee Information
Vatee is a Forex and CFD broker established in 2013 and registered in Australia. Leverage up to 1:500, trading on MetaTrader4 and 5 platforms, as well as two different real account types and 24/7 customer support services.
Pros and Cons
| Pros | Cons |
| Accessible and clear official website | Specific deposit and withdrawal process time unprovided |
| Regulated status | |
| 24-hour online assistance | |
| Free commission |
Is Vatee Legit?
Vateeis regulated by two institutions. The first one is Australia Securities & Investment Commission (ASIC) with two types of License (Institution Forex License and Appointed Representative); the second one is from the Vanuatu Financial Services Commission(VFSC), this license is a offshore one.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | ASIC | Regulated | SPRING GOLD MARKET GROUP PTY LTD | Appointed Representative(AR) | 001306459 |
 | ASIC | Regulated | SPRING GOLD MARKET GROUP PTY LTD | Institution Forex License (STP) | 545560 |
 | VFSC | Offshore regulated | VATEE PTY LIMITED | Retail Forex License | 40097 |
What Can I Trade on Vatee?
Vatee offers traders the opportunity to have access to Forex (over 40), precious metal (gold and silver CFDs), commodities and indice, share CFDs, Cryptos CFDs.
For share CFDs, over 1800 large-cap StocksCFDs across the ASX, NYSE andNASDAO stock exchanges are offered.
As for Cryptos CFDs, Vatee trades on popular cryptocs with leverage, from bitcoin andethereum to TRON and NEO
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious metal | ✔ |
| Commodities | ✔ |
| Share CFDs | ✔ |
| Indices | ✔ |
| Cryptos CFDs | ✔ |
| Binary Options | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
Vateeoffers two types of accounts. These are the Standard account and the Zero account.
The minimum deposit for both types of account is $300.
| STANDARD ACCOUNT | ZERO ACCOUNT | |
| Spreads | start from 1.7 Pips | 0.0 Pips |
| Trading Platform | Meta Trader 4 | Meta Trader 4 |
| Client Promotion | No limits | With limits |
| Max Leverage | 1:500 | 1:500 |
| Min Deposit | $300 | $300 |
| Funding | Free | Free |
Leverage
Vatee offers a maximum leverage of 1:500.
Vatee Fees
Vatee offers variable spreads similar to the interbank forex market. The standard account offered by VATEE has a spread of 1.7 points. By contrast, the zero account has a spread of 0.0 percentage points.
Trading Platform
MetaTrader 4 is a popular one chosen by Vatee for clients.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
Deposit and Withdrawal
Vatee offers a variety of flexible deposit methods, including: credit card, bank transfer, UnionPay, paypal, USDT(range), NETELLER.
Vatee do not charge deposit and withdrawal fees.
