Score

7.08 /10
Good

Vatee

Australia

5-10 years

Regulated in Australia

Institution Forex License (STP)

MT4 Full License

Global Business

Medium potential risk

Offshore Regulated

AA

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Comparison

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Website

Score

Regulatory Index6.32

Business Index7.71

Risk Management Index8.22

Software Index8.69

License Index6.32

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

Vatee Pty Limited

Company Abbreviation

Vatee

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2024-12-22
  • The Vanuatu VFSC regulation with license number: 40097 is an offshore regulation. Please be aware of the risk!
  • The AustraliaASIC (Regulatory number: 545560) Institution Forex License (STP) held by belongs to the scope of institutional business, excluding retail business. It cannot open accounts for individual investors. Be aware of the risks!

WikiFX Verification

Vatee · Benchmark
Average transaction speed(ms)
698.1 Poor
The highest transaction speed(ms)
345 Poor
The highest speed of opening positions(ms)
317
The highest speed of closing position(ms)
406 Poor
The lowest speed of opening positions(ms)
1987 Poor
The lowest speed of closing position(ms)
406 Great
Ranking: 27 / 125
Test user 122
Transactions 2,803
Ocuppied margin $1,702,148 USD
Data Source WikiFX Data provide
Updated: 2024-12-20 01:12:00
Vatee · Company summary
Vatee Review Summary
Founded5-10 years
Registered Country/RegionAustralia
RegulationRegulated
Market InstrumentsForex, precious metal, commodities and indice, share CFDs, Cryptos CFDs
Demo AccountN/A
Leverage1:500
SpreadStandard Accounts: from 1.7 pips; Zero Account: from 0.0 pips
Trading PlatformMT4
Min Deposit$300
Customer SupportPhone: +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

ProsCons
Accessible and clear official websiteSpecific 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 CountryRegulated AuthorityRegulatory StatusRegulated EntityLicense TypeLicense Number
ASICRegulatedSPRING GOLD MARKET GROUP PTY LTDAppointed Representative(AR)001306459
ASICRegulatedSPRING GOLD MARKET GROUP PTY LTDInstitution Forex License (STP)545560
VFSCOffshore regulatedVATEE PTY LIMITEDRetail Forex License40097
Is Vatee Legit?
Is Vatee Legit?
Is Vatee Legit?

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

What Can I Trade on Vatee?
Tradable InstrumentsSupported
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 ACCOUNTZERO ACCOUNT
Spreadsstart from 1.7 Pips0.0 Pips
Trading PlatformMeta Trader 4Meta Trader 4
Client PromotionNo limitsWith limits
Max Leverage1:5001:500
Min Deposit$300$300
FundingFreeFree
Account Types
Account Types
Account Types

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
Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4Windows, MAC, IOS, AndroidInvestors 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.

Deposit and Withdrawal
Deposit and Withdrawal

News

NewsVATEE Sponsors 2nd Trading Competition Which Offers $60,000 Prize Pool

Organized by WIKIFX and sponsored by VATEE, two competitions - the S2 Simulated Trading World Cup and the MT4 Trading Competition - are about to start. As top-notch events for Contract for Difference (CFD) trading, both contests adhere to the principles of openness, fairness, and impartiality, aiming to provide a trading stage for traders to show their skills, discover more outstanding traders, and promote exceptional trading strategies.

WikiFX
2024-01-23 14:54
VATEE Sponsors 2nd Trading Competition Which Offers $60,000 Prize Pool

User Reviews

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User comment

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足智多谋孔雀
more than one year
平台不给出本金,平台没有任何人出来解释!!一共一千多美金,都不给出!纯黑平台!后台已经被全部清空。
平台不给出本金,平台没有任何人出来解释!!一共一千多美金,都不给出!纯黑平台!后台已经被全部清空。
Translate to English
2024-11-14 07:21
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足智多谋孔雀
more than one year
平台不给出金,联系客服,说需要通个电话,才给出金,通完电话说出一半盈利,我不同意,现在全部不给出金!现在把我后台资料全部删除了,垃圾平台,一共不到2000美金,你们平台要给出一半。像这样的小商小贩赶快滚出中国市场吧!必须举报到下架为止。不让更多投资者上当
平台不给出金,联系客服,说需要通个电话,才给出金,通完电话说出一半盈利,我不同意,现在全部不给出金!现在把我后台资料全部删除了,垃圾平台,一共不到2000美金,你们平台要给出一半。像这样的小商小贩赶快滚出中国市场吧!必须举报到下架为止。不让更多投资者上当
Translate to English
2024-11-07 10:03
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