Abstract:Vestrado is an online trading platform for global traders, offering a wide range of trading instruments and diverse services. It supports the MetaTrader 4/5 trading platforms and is compatible with multi-device operations on mobile phones, tablets, and computers. Meanwhile, the platform provides 24/5 customer support.
Vestrado Review Summary | |
Registered On | 2020-07-02 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | FSCA (Exceeded) |
Market Instruments | Forex, Cryptocurrencies, Commodities, Indices, and Shares |
Demo Account | ✅ |
Leverage | Up to 1:2000 |
Spread | From 0.0 pips (ECN) |
Trading Platform | MT4, MT5 |
Min Deposit | $10 |
Customer Support | +971 4 570 6699 |
support@vestrado.com | |
Facebook, Instagram, Twitter, LinkedIn, YouTube | |
Registered Address: First Floor, SVG Teachers Co-operative Credit Union Limited, Uptown Building, Corner of James and Middle Street, Kingstown, St. Vincent and the Grenadines |
Vestrado is an online trading platform for global traders, offering a wide range of trading instruments and diverse services. It supports the MetaTrader 4/5 trading platforms and is compatible with multi-device operations on mobile phones, tablets, and computers. Meanwhile, the platform provides 24/5 customer support.
Pros | Cons |
Over 150 trading instruments | Exceeded |
Leverage up to 1:2000 | Higher withdrawal fees |
Flexible deposit and withdrawal methods | High leverage risk |
Copy trading available | |
MT4 and MT5 available |
Vestrado is not strictly regulated by authoritative financial institutions. Although the FSCA (Financial Sector Conduct Authority) used to regulate this company, its current regulatory status is “Exceeded”
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Shares | ✔ |
Cryptocurrencies | ✔ |
Indices | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Vestrado offers three account types, including the Standard (Frux) account, Pro (Fides) account, and ECN (Respectus) account.
Account Type | (Standard)Frux Account | (Pro Account)Fides Account | (ECN)Respectus Account |
Spread from(Pips) | 1.5 | 0.8 | 0.0 |
Minimum Deposit | $10 | $50 | $100 |
Maximum Leverage | 1:2000 | 1:1000 | 1:1000 |
Swap Free For Muslim | Yes | Yes | Yes |
Commossion | No | No | 6 USD per lot for Minor Pairs |
For the ECN account, the spread starts from 0 pips. Most deposit methods have 0 handling fees (except for telegraphic transfers and local deposits). For withdrawals, most methods incur 0 handling fees, while cryptocurrency withdrawals are subject to a 1% handling fee.
The platform offers a maximum leverage of 1:2000. High leverage is suitable for experienced traders with strong risk-taking capabilities in order execution.
Vestrado supports the MetaTrader 4/5 trading platforms, enabling multi-device synchronization across mobile phones, tablets, and computers. This allows traders to conduct transactions anytime, anywhere with ease.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Windows, MacOS, iOS, Andorid | Beginners |
MT5 | ✔ | Windows, MacOS, iOS, Andorid | Experienced Traders |
Deposit
It offers 8 deposit methods, including local bank transfer, wire transfer, credit card, USDT, etc. The minimum deposit is $10, and most methods are credited within 5-10 minutes at the fastest.
Method | Available Currency | Min | Max | Fee | Processing Time |
Local Transfer | SGD, VND, INR | USD 10 | USD 10000 | 0% | 5-10 Minutes |
Wire Transfer | USD | USD 10 | USD 10000 | Will cover the fees | 2-7 Days |
Credit Card | USD | USD 10 | USD 10000 | 0% | 5-10 Minutes |
USDT | USD | USD 10 | USD 10000 | 0% | 5-10 Minutes |
E Wallet | USD, INR | USD 10 | USD 10000 | 0% | 5-10 Minutes |
Virtual Bank Account | USD, IDR, MYR, VND, THB | USD 10 | USD 10000 | 0% | 5-10 Minutes |
Cryptocurrencies | USD | USD 10 | USD 10000 | 0% | 5-10 Minutes |
Withdrawal
There are 7 withdrawal methods with a minimum withdrawal amount of $100. The processing time varies from 1 to 14 days, and most methods have 0 fees (cryptocurrency withdrawals are subject to a 1% fee).
Method | Available Currency | Min | Max | Fee | Processing Time |
Local Transfer | MYR, IDR, THB, SGD,VND, INR, BRL, CLP,COP, CRC, PEN, SVC | USD 100 | USD 10000 | 0% | 1-24 Hours |
Wire Transfer | USD | USD 100 | USD 10000 | Will cover the fees | 7-14 Days |
Credit Card | USD | USD 100 | USD 5000 | 0% | 7-14 Days |
USDT | USD | USD 100 | USD 10000 | 0% | 1-24 Hours |
E Wallet | USD, BRL, CLP, COP,CRC, PEN, SVC | USD 100 | USD 10000 | 0% | 1-48 Hours |
Virtual Bank Account | USD, IDR, MYR, VND, THB | USD 100 | USD 10000 | 0% | 1-24 Hours |
Cryptocurrencies | USD | USD 100 | USD 10000 | 1% | 1-24 Hours |
Local Depositor | USD, MYR, BND, PKR, INR | USD 100 | USD 10000 | Depending on the rate offered | 5-10 Minutes |
Vestrado's copy trading service allows traders to automatically replicate professional traders' strategies in real time with zero additional fees.
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