Transparency is paramount in the financial industry, especially for brokers like Ventorus, dedicated to ensuring clients have a clear understanding of their financial obligations.
Image source: Ventorus About Us Page
Commitment to Transparency:
Ventorus places a high priority on transparency within its fee structure, ensuring clients are equipped with comprehensive information. This includes detailed explanations of withdrawal fees, inactivity charges, and the specifics of spread costs upfront.
Image source: Legal Page on Ventorus.com
Educational Tools:
Ventorus goes beyond transparency by offering educational resources that help clients grasp the impact of fees on their trading activities. These resources cover essential topics such as spreads, swap rates, and potential additional charges, empowering clients to navigate their financial decisions with confidence.
No Hidden Costs:
Clients benefit significantly from Ventorus’ commitment to transparency through its policy of no hidden costs. This straightforward approach means there are no surprises in the form of undisclosed deposit or financing fees, promoting a transparent and predictable trading environment.
Customer Empowerment:
By prioritizing transparency, Ventorus enables clients to make well-informed decisions. This commitment not only fosters trust but also nurtures long-term partnerships based on mutual understanding and respect.
Conclusion:
Ventorus stands out for its unwavering dedication to transparency in its fee structures, underscoring its commitment to client satisfaction and fair business practices in the financial markets.
Additionally, Ventorus provides clear information about specific fees applicable to clients, ensuring transparency and fairness in every financial transaction:
- Withdrawal Fees: Clients benefit from a free first withdrawal after account verification and initial trading. Subsequent withdrawals incur fees based on the method used, such as a percentage for cards or fixed amounts for wire transfers.
- Inactivity/Dormancy Fees: A monthly inactivity fee applies if there are no transactions on the trading account for over a month, increasing with prolonged inactivity. Dormancy fees are enforced after 12 months, with reactivation options available subject to additional fees.
- Maintenance Fees: Ensuring continued access to trading services, a monthly maintenance fee is applicable regardless of transaction activity on the account.
- Spread Information: Detailed spread information, reflecting bid and ask price differences, is accessible through the Ventorus trading platform, impacting the cost of position openings across various instruments.
- Swap Fees: Charged for positions held overnight, swap fees are calculated daily and vary by instrument, reflecting adjustments in interest rates. Clients can access current rates through the trading platform.
- Additional Fees: Clients may encounter additional charges related to processing and currency exchange, enhancing clarity and facilitating informed trading decisions.
- Deposit and Financing Fees: Ventorus does not charge fees for deposits or financing, providing clients with cost-effective options and reinforcing its commitment to transparency and client-centric practices.