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Score

1.46 /10
Danger

Vandera

Singapore

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://vandera.io

Influence

C

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Score

Regulatory Index0.00

Business Index6.64

Risk Management Index0.00

Software Index4.00

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

open now

Regulatory disclosure

Warning

SG MAS
2021-02-05
Investor Alert List
Vandera

Broker Information

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Company Name

Vandera

Company Abbreviation

Vandera

Platform registered country and region

Singapore

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Vandera · Company summary

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.

News

NewsWikiFX report: How to trade Fractional Shares on Vandera.io

Vandera is a pioneer Blockchain-based Fractional Share trading broker that gives its trader quality trading signals and a platform to trade the signals on.

WikiFX
2022-04-19 16:06
WikiFX report: How to trade Fractional Shares on Vandera.io
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User Reviews

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Comments

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FX1452121266
more than one year
The spreads were sky-high, making it impossible to turn a profit. On top of that, the customer service was incredibly rude and unhelpful. I quickly realized that this platform was not suitable for me and decided to close my account. I would not recommend Vandera to anyone who values fair trading conditions and respectful customer service.
The spreads were sky-high, making it impossible to turn a profit. On top of that, the customer service was incredibly rude and unhelpful. I quickly realized that this platform was not suitable for me and decided to close my account. I would not recommend Vandera to anyone who values fair trading conditions and respectful customer service.
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2023-03-28 10:33
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FX1354228157
more than one year
They robbed my all money. I just want to get my all money back! They are the worst! SCAM!!!! Big scam!! They will never make you succeed in withdrawing your money...... I hate them!!
They robbed my all money. I just want to get my all money back! They are the worst! SCAM!!!! Big scam!! They will never make you succeed in withdrawing your money...... I hate them!!
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2023-03-07 18:28
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