Venus Mining is a forex broker whose official website was registered on September 11, 2023, primarily offering investors trading services in financial derivatives such as forex, stocks, indices, energy, metals, and ETF contracts for difference (CFDs). This broker does not provide services in jurisdictions where it might contravene local laws or regulations.
Corporate Registration Information and Regulatory Status:
According to the information publicly available on the Venus Mining official website, the broker encompasses several corporate entities, regulated by multiple authorities. Among these, Venus Mining Ltd is authorized and licensed by the Cyprus Securities and Exchange Commission (CySEC), with license number 177805. Venus Mining (registration number HRB169257B) is designated as an agent of Venus Mining Ltd in Germany, registered with the Federal Financial Supervisory Authority (BaFin), and on October 2, 2017, was authorized by the Mauritius Financial Services Commission (FSC) as an investment dealer, regulated under license number C175894381. TVH Ltd is licensed and regulated by the Seychelles Financial Services Authority (FSA), license number SD055.
Upon verification on their official websites, the Cyprus Securities and Exchange Commission (CySEC), the Federal Financial Supervisory Authority (BaFin), the Mauritius Financial Services Commission (FSC), and the Seychelles Financial Services Authority (FSA) had no regulatory information on this broker.
Account Opening:
To open an account with Venus Mining: visit the broker's official website, click "SIGN UP FOR FREE" on the homepage or "SIGN UP" in the top right corner of the webpage, enter personal information such as name and email address, set a login password, and submit. Once the application is submitted, the account is successfully registered.
Trading Schemes:
Venus Mining offers users four trading plans: STARTER, BASIC, PRO, EXECUTIVE.
STARTER:
- Minimum investment amount: $500
- Maximum investment amount: $1,000
- Investment return rate: 6.50%
- Overnight interest every three days
- Trading cycle: 21 days
- Double bonus daily
- Instant trading mode: Copy trading/trading robots
- Demo trading provided
- Advanced broker provided
BASIC:
- Minimum investment amount: $1,500
- Maximum investment amount: $4,000
- Investment return rate: 10.50%
- Overnight interest every three days
- Trading cycle: 21 days
- Bonuses sent via e-wallet
- Instant trading mode: Copy trading/trading robots
- Demo trading provided
- Basic broker provided
PRO:
- Minimum investment amount: $5,000
- Maximum investment amount: $9,000
- Investment return rate: 15.50%
- Weekly overnight interest
- Trading cycle: 1 month
- Exclusive daily bonus
- Instant trading mode: Copy trading/trading robots
- Demo trading provided
- Professional broker provided
EXECUTIVE:
- Minimum investment amount: $10,000
- Maximum investment amount: $50,000
- Investment return rate: 20.30%
- Weekly overnight interest
- Trading cycle: 1 month
- Advanced daily bonus
- Instant trading mode: Copy trading/API keys
- Demo trading provided
- Executive broker (expert) provided
Trading Platform:
Venus Mining provides users with its proprietary trading platform.
Deposits and Withdrawals:
Venus Mining supports deposits and withdrawals through local banks, e-wallets, or cryptocurrencies.
Summary:
Traderknows reminds investors that Venus Mining is a scam platform providing false regulatory information and enticing investors with so-called high returns. Traderknows advises investors to choose brokers that are transparent, strongly regulated, and have a good reputation for their investment and trading activities to avoid unnecessary losses to their assets.
Currently, this broker is marked as a "Pig Butchering Scam" on Traderknows.
