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Independent rating of Forex broker VerumFX

2/10 (votes 100)

On-line since
2015
Country of origin
Russian Federation
Regulation
FMRRC
Payment options
Visa, Mastercard, Webmoney, Qiwi, Yandex.Money, wire transfers in the Russiаn ruble
Minimum account size
$100
Minimum lot size
0,01
Leverage
1:50-1:200
Spreads
floating
VerumFX is a young Russian brokerage company established in 2015. Its goal is to provide its clients with transparent conditions of cooperation applying the Western management techniques. The company is regulated by the Financial Market Relations Regulation Center (FMRRC).
All deals are performed at the interbank level allowing the company to avoid all possible risks and give its clients access to the best market liquidity.
Trading in the financial markets is carried out via the world’s most popular trading platform MetaTrader4. Traders can choose from a large number of trading instruments, including 57 currency pairs, 13 futures CFDs as well as spot oil (WTI) and 2 spot metals (gold and silver).
Absence of bonuses and repayments of commission for adding and withdrawing funds distinguishes VerumFX from other brokers. Thus, the company sticks to the principles of the US and European brokers.
Traders emphasize small spreads, absence of additional commissions, high-quality technical support, and fast money withdrawal.
Write your feedback on the company’s services. Together we can make an unbiased rating of Forex brokers.

Comments

Author: Henry Date: 2023-10-12 09:47:07 (UTC+3)
The VerumFX platform has given me the worst trading experience so far. On 2nd October 2023, I opened an order on EUR/USD pair with an SL at 62 pips away from the entry price but their platform executed my order hit the SL at 98 pips away. I also traded with another broker and I did not find such a kind of spike. It's not possible to make a profit with VerumFX. So I determined to withdraw all my money from here.
Author: Namjong Date: 2022-07-29 06:47:52 (UTC+3)
I try many brokers because my trading style is scalping and there is a little problem, but with VerumFX I don't have any problem. I start with $500 I am using an Expert Advisor, making one average 6-7 trades per week and my account is up some 65% just in 9 months. Over that time I made 3 withdraw via Wire Transfer my first withdraw was takes 6 days because of my verification issue but other two I got my money within one day. I still have to work out on strategy implementation and trading plan to see more profit growing up in account. Everything is perfect with VerumFX.
Author: Jejun Date: 2022-03-24 07:41:09 (UTC+3)
2 years ago I joined VerumFX and my trading always going pleasant. I found it interesting because all type of traders can trading with them with the conditions that better suit to their trading strategies. Beside they provided a strong signal, which helps me to make a decision for open a position in the rough market. I'm a newbie and I went to the basic account with minimum deposit of $100. And I withdrew my profit easily and fast.
Author: Adeline Date: 2021-12-03 04:11:54 (UTC+3)
It has been about half a year already since I started an account at VerumFX. I use my Qiwi account to transfer funds to my trading account and the transaction is really fast. The platform at this broker is great and I don't experience any technical difficulty.
Author: Keyl Date: 2021-11-30 06:29:00 (UTC+3)
VerumFX broker is deserved to be called a reliable and recommended broker. I'm satisfied with their services, including the trading platform they provide and their excellent support team. They are honest broker, and the platform works fast in execution with real-time prices, doesn't manipulate the prices during volatility times.
Author: Ayam Date: 2021-08-09 03:33:21 (UTC+3)
Since the MetaTrader 4 is the most popular platform so far, I am able to trade comfortably at Verum FX because they offer this platform. I can say that the broker is generous because they conduct regular trading contests and provide rewards to their clients once in a while.
Author: Eldorado Date: 2021-08-06 03:15:48 (UTC+3)
VerumFX is the perfect broker for me. It has everything that a trader could ask for. Their website is well-designed and easy to navigate. The same goes for their platform. It is indeed user-friendly and stable. They also give the best trading condition to their clients, such as tight spreads, fast execution, synchronized market time, and useful indicators. I have already been with VerumFX for a year, and I have never encountered any delays or issues regarding withdrawal requests. I have always received the money within 1 or 2 days. Overall I'm satisfied to trade with VerumFX.
Author: Ronald Date: 2021-04-16 07:11:41 (UTC+3)
Definitely, Verum FX is a transparent Forex broker. Some of their services change according to what is happening in the market and they always make sure to notify us and explain the changes clearly. I am trading with them for quite a long time already and I can say that I am really loving my experience.
Author: Seblack Date: 2021-03-30 02:33:23 (UTC+3)
VerumFX is a good broker. I have been trading with them since last month, and I'm very satisfied. Trading conditions are reasonable, and spreads are very competitive, starting from 1 pip in my favorite pair - EUR/USD. The platform works very well, and I've never experienced any technical fail so far. Customer support is always available. Last week, I had a problem with deposit delay, and customer staff promptly helped me contacting their payment system, and after few hours, money was in my account.
Author: Ikhwan Date: 2020-12-22 03:53:40 (UTC+3)
One of the first things I look at when choosing a broker is their regulation status. VerumFX is regulated and they have favorable trading conditions so I opened an account with them. So far, I can say that my experience is pleasant and I haven't encountered any problem in my trading activities yet.

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