About VENMAR
Company Overview
VENMAR, trading as Ventures Market, is a retail forex and CFD broker incorporated in Seychelles. The company was founded in June 2024 and is registered at Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe. It operates under the regulatory oversight of the Seychelles Financial Services Authority (FSA) with a Derivatives Trading License (EP) classified as offshore regulation.
Regulatory Status
The broker holds an FSA license in Seychelles, a jurisdiction known for offshore financial services. While the licence is valid, traders should note that Seychelles regulation does not offer the same level of investor protection as tier-1 regulators like the FCA or ASIC. The FSA primarily monitors anti-money laundering compliance and does not provide a compensation scheme for client funds.
Account Types and Conditions
VENMAR offers two account types to cater to different trading needs. The Standard account requires a minimum deposit of $30 and allows a maximum leverage of 1:500. The Professional account requires $100 minimum deposit with the same leverage limit. Both accounts feature variable spreads, with the broker advertising spreads starting from 0 pips and no commissions.
Trading Platforms and Instruments
Traders can access the markets through the MetaTrader 5 platform, a popular choice for forex and CFD trading. The broker provides a range of instruments including forex pairs, US stocks, and commodities such as energy and metals. The platform is available on desktop, web, and mobile devices for flexible trading.
Target Audience
VENMAR is aimed at retail traders seeking access to leveraged forex and CFD trading with relatively low minimum deposits. The availability of a Professional account suggests it also targets more experienced traders who can meet the $100 threshold. However, the offshore regulation and high leverage may attract traders comfortable with higher risk.
Funding and Support
The broker's website does not detail specific payment methods, but standard options for Seychelles-based brokers include bank transfers, credit/debit cards, and e-wallets. Customer support is reachable via phone and likely through email or a contact form. The site provides a legal documents section for terms and policies.
Overview compiled by FXCanary from regulatory records and public data. full VENMAR review