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The WikiFX Score of this broker is reduced because of too many complaints!

VEONCO

United Kingdom | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://veonco.com

Website

Rating Index

Contact

support@veonco.com
http://veonco.com
HugeDomains 2635 Walnut St. Denver, CO 80205
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
3

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
Veonco Group Ltd
Customer Service Email Address
support@veonco.com
Company Website
Company address
HugeDomains 2635 Walnut St. Denver, CO 80205

Gustavo@Fring

Unverified

Malaysia

Edit in backdoor mt4 Later. who deposit to join under Veonco ib, it will trade and burn your account. Then it will edit new account customer name to show you profit to trap you join repeat and repeat Editing in backdoor mt4. Inbox if u not convenience to post. Let page help u post all your losing money caused by Veonco ib. U can see no one yet deposit, so never trade to edit. Once u deposit veonco ib will start trade till lose all your capital. Now they already closed their website! Beware of their IB!

Exposure

2021-12-30

FX2539982092

Unverified

Malaysia

Scam group cheated many of us money, don’t come out to mislead others without proper foreign exchange knowledge

Exposure

2021-06-04

FX2061649186

Unverified

Malaysia

Every time I was asked to believe him and 10%-20% of the money would be received every month. As a result, I lost more and lost less. I haven't been able to get my money back. I keep saying that I ran away and called the police. If you lied to me, you can still drive a luxury car to buy a new home I lose, and I can’t withdraw money afterwards

Exposure

2021-05-22

FX2539982092

Unverified

Malaysia

He cheats me of over RM50,000. Now he disappeared.

Exposure

2021-03-30

FX2539982092

Unverified

Malaysia

The agent and the client made the initial deposit because they believe you. If you don’t have the correct knowledge, please don’t teach the wrong knowledge to others. They said it doesn’t matter how slow you withdraw the money, you will receive the money in the end. But it’s been half a year. You should face your mistakes and compensate us instead of hiding. We only hope to get compensation. This is our last thing to tell you. Please come out and face it.

Exposure

2021-02-03

isaac44559

Unverified

Malaysia

The guy who recommended Veonco to me disappeared after things happened. And the withdrawals are unavailable

Exposure

2021-01-26

FX1074324650

Unverified

Malaysia

Fraud I haven't received the money for 4 months Website is closed now

Exposure

2021-01-19

cyrus72981

Unverified

Malaysia

Don't shrink your repsonsibility. And agents are cheated by VEONCO

Exposure

2021-01-17

cyrus72981

Unverified

Malaysia

Broker passes buck on the agent but it does not take responsibility when something happens. High-level deceive agents and customers to seek justice

Exposure

2021-01-16

FX2539982092

Unverified

Malaysia

I traded with an agent frm a Malaysia company. Can't withdraw funds in this platform at all.[d83d][de21] They claimed it's a formal platform. This is a phone number of a leader in this company. It's useless if you find other agents cuz agents are cheated by their leaders

Exposure

2021-01-14

27
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Website
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Company Summary
Disclosure
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Official website

Website

veonco.com
198.15.116.24
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
2019-01-15
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC

Genealogy

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Relevant Enterprises

THE ZT NEWS LTD(United Kingdom)
Deregistered
United Kingdom
Registration No. 11884158
Established 2018-12-13
Related sources Website Announcement

Company Summary

Note: VEONCO's official website: https://veonco.com is currently inaccessible normal.

VEONCOReview Summary
Founded2019
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market InstrumentsForex, indices, commodities, stocks, precious metals, and cryptocurrencies
Demo Account/
LeverageUp to 1:200
SpreadFrom 3 pips (Classic account)
Trading PlatformMT5, web-based
Min Deposit$100
Customer SupportEmail: support@veonco.com
Address: HugeDomains 2635 Walnut St. Denver, CO 80205

Veonco is an online Forex and CFD broker and is not currently subject to any effective regulation.

Pros and Cons

Pros Cons
Wide variety of trading assetsInaccessible website
Four types of trading accounts to choose fromNo regulation
Popular trading platform MT5Wide spreads
Few ways to deposit and withdraw funds
Only email support

Is VEONCO Legit?

The prerequisite of measuring the safety of a broker is to see if it is formally regulated.

Veonco is currently an unregulated broker, which means that clients' funds and trading activities on the Veonco platform are completely unprotected compared to those regulated well.

no regulation.jpg
domain.PNG

What Can I Trade on VEONCO?

Tradable Instruments Supported
Forex
Indices
Commodities
Precious metals
Stocks
Cryptocurrencies
Bonds
Options
ETFs

Account Type

VEONCO offers four account types: Classic, Standard, Premium and Tailored.

Account TypeMin Deposit
Classic $100
Standard$3 000
Premium $10 000
Tailored $100 000

Leverage

The leverage of VEONCO is up to 1:200. High leverage always comes with high returns and high losses.

Spread and Commission

Spread on the Classic accounts starts at 3 pips, which is much higher than the industry standard, while spreads and commissions on other accounts are not known at this time.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
WebtraderWeb/
MT5Desktop, Mobile and WebExperienced traders
MT4/Beginners

Deposit and Withdrawal

VEONCO accepts deposits and withdrawals via the standard Visa and MasterCard, as well as bank wire.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

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