Vandera-Overview of Minimum Deposit, Spreads & Leverage
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/Region | Singapore |
| Regulation | No Regulation |
| Market Instruments | 300+, FX, Stocks, Commodities, Indices and Cryptocurrencies |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Minimum Deposit | $500 |
| Customer Support | Email: 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 markets | Non-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.
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.
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