Veles Group
Short overview of Veles Group
The company Veles Group positions itself as a global broker specializing in providing profitable trading on the Forex market. The broker offers the opportunity to earn on financial markets with a minimal starting capital for traders of all levels of expertise. Company clients can expect successful mastering of trading instruments, timely and reliable information, as well as secure financial transactions. The main information about the company is presented on the homepage of the official website veles-group.info. Additionally, the company uses several additional internet resources to provide its services.
Legal information and licensing
Currently, Veles Group does not provide complete legal information about itself on its website or in internal documentation. The site contains a scanned copy of the registration certificate issued to Seventy Solutions Ltd in 2020 in the offshore jurisdiction of the Marshall Islands. However, the relationship of this company to Veles Group remains unclear. Information about the broker’s licensing is also absent. The site does not mention the company’s cooperation with financial regulators, and there is no information about the company’s history and management team.
Trading instruments and platforms of Veles Group
For trading on financial markets, Veles Group provides several trading platforms, including MetaTrader4, MetaTrader5, and XCritical. These terminals are available in web and mobile versions, ensuring convenience of trading from anywhere in the world. Clients have access to over 200 trading instruments, including energy resources, metals, indices, commodities, stocks, and currency pairs. The company also offers clients the opportunity to invest in ready-made investment portfolios.
Trading accounts at Veles Group
For independent trading, clients have access to 5 types of trading accounts with a minimum investment amount starting from $150. Currently, information about the availability of a demo account is not provided, indicating that users are likely to start trading on real accounts after registration and depositing the initial deposit according to the selected tariff.
Deposits and withdrawals from Veles Group
The company lists available payment methods on its website, but questions regarding the minimum withdrawal amount, transaction execution speed, and withdrawal request processing procedures remain unanswered. The company’s payment policy is not fully explained, which may raise questions for potential clients.
Conclusions
The overall transparency and completeness of information about Veles Group raise doubts. The lack of a license, insufficient information about the legal status and financial policy of the company may influence the decision to cooperate with it. To get an accurate picture of the company’s operations and make a decision on potential cooperation, it is recommended to pay attention to client reviews and expert opinions on Veles Group.