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Vatee

Australia|5-10 years| Benchmark AAA|
Institution Forex License (STP)|Medium potential risk|Offshore Regulated|

https://vateechn.com/en/

Website

Rating Index

Benchmark

Benchmark

AAA

Average transaction speed (ms)

529.8

MT4/5

Full License

VateePty-Live

China
MT4
6

Benchmark

Speed:A

Slippage:AA

Cost:A

Disconnected:B

Rollover:AAA

MT4/5 Identification

MT4/5 Identification

Full License

6
Server Name
VateePty-Live MT4
Server Location China

Contact

+61 (02) 6101 9418
info@vateefx.com
https://vateechn.com/en/
Room 3148, Island Motel Building, Port Vila, Vanuatu

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+61 (02) 6101 9418

Other ways of contact

Broker Information

More

Company Name

Vatee Pty Limited

Abbreviation

Vatee

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2024-11-15
  • The Vanuatu VFSC regulation with license number: 40097 is an offshore regulation. Please be aware of the risk!
  • The AustraliaASIC (Regulatory number: 545560) Institution Forex License (STP) held by belongs to the scope of institutional business, excluding retail business. It cannot open accounts for individual investors. Be aware of the risks!

WikiFX Verification

Vatee · WikiFX Survey
Vatee at Wiki Finance EXPO Singapore 2023
Singapore
EXPO
Vatee · Benchmark
Average transaction speed(ms)
529.8
The highest transaction speed(ms)
0 Perfect
The highest speed of opening positions(ms)
312
The highest speed of closing position(ms)
0
The lowest speed of opening positions(ms)
1984 Poor
The lowest speed of closing position(ms)
0 Perfect
16.82USD/Lot Good
0USD/Lot
Long: -3.49USD/Lot    Short: 1.27USD/Lot Great
Long: -12.89USD/Lot    Short: 6.36USD/Lot Good
Average slippage
-0.2 Great
Maximum transaction slippage
25
Maximum positive slippage
-1 Good
Maximum negative slippage
25
Average disconnection frequency (times/day)
0.5 Great
Average reconnection time (millisecond/per request)
38.7
Ranking: 16 / 128
Test user 121
Orders 1,794
Ocuppied margin $1,633,260 USD
Data Source WikiFX Data provide
Updated: 2024-11-14 01:00:00

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Vatee · Company Summary

Feature Detail
Regulatory Authority ASIC
Market Instrument CFDs on forex/precious metals/commodities/indices/cryptocurrencies/stocks
Account Type Standard Accounts: from 1.7 pips; Zero Account
Maximum Leverage 1:500
Spread Standard Accounts: from 1.7 pips; Zero Account: from 0.0 pips
Trading Platform MT4 and MT5
Minimum Deposit $300
Deposit & Withdrawal Credit Cards, Bank Transfer, UnionPay, PayPal, USDT (Tether), NETELLER

Overview of Vatees

Vatee, a trading name of Vatee Global Limited, is allegedly a forex and CFD broker founded in 2013 and registered in Australia that claims to provide its clients with various tradable financial instruments with leverage up to 1:500 and variable spreads from 0.0 pips on the MetaTrader4 for Windows, iOS and Android trading platforms, as well as a choice of two different live account types and 24/5 customer support service.

Overview of Vatees

Regulatory Authority

As for regulation, it has been verified that Vatee is regulated by the Australia Securities & Investment Commission (ASIC).

Regulatory Authority

Vatee is also offshore regulated by the Vanuatu Financial Services Commission(VFSC), with the license number of 700521.

Regulatory Authority

Market Instruments

VATEE offers a diverse product portfolio that enables clients to conduct various transactions seamlessly on our online platform from the comfort of their homes. Our offerings include:

Forex Trading

- Forex involves the exchange of one currency for another and is one of the world's most actively traded markets, boasting a daily trading volume of $5 trillion.

Metals Trading

- Metals trading extends beyond palladium, gold, and silver; it embodies convenience, security, visibility, and trustworthiness in your transactions.

Indexes Trading

- Explore the world's leading Index Contracts for Difference (CFDs) that trade flexibly without strict upper or lower limits. Benefit from flexible leverage options and low spreads.

Commodities Trading

- Our commodities offerings encompass energy and agricultural products. These items are traded in futures markets, with their value determined by supply and demand dynamics.

Market Instruments

Account Types

Vatee offers original standard accounts with no fees, striving to provide the lowest spreads in the market for cost-effective trading.

  • Benefits:

- Low spreads for higher returns.

- Confidence in delivering the lowest spread services compared to competitors.

- Stable spreads even during market volatility.

- Eligibility for all Vatee promotions.

Vatee utilizes a cross-data screening system to source quotes from 32 liquidity providers and banks, aiming for the most accurate match to achieve nearly zero spreads.

  • Benefits:

- Competitive low spreads.

- High liquidity.

- No trading limitations.

STANDARD ACCOUNT ZERO ACCOUNT
Spreads 1.7 Pips 0.0 Pips
Trading Platform Meta Trader 4 Meta Trader 4
Client Promotion No limits With limits
Max Leverage 1:500 1:500
Min Deposit $300 $300
Funding Free Free

Leverage

Vatee offers a maximum leverage of 1:500. It's essential to bear in mind that higher leverage entails a heightened risk of potentially losing your deposited capital. Leverage can be a double-edged sword, capable of working to your advantage but also carrying the potential for increased losses.

Spreads & Commissions

VATEE offers variable spreads similar to the interbank forex market, avoiding the higher costs associated with fixed spreads and insurance premiums. The Standard Account offered by VATEE features a spread of 1.7 Pips. This means that for each trade executed in this account, there is a 1.7 Pip difference between the buying and selling prices.

In contrast, the Zero Account boasts a spread of 0.0 Pips. This implies that traders on the Zero Account experience virtually no difference between the buying and selling prices, making it an attractive option for those seeking ultra-low-cost trading.

Spreads & Commissions

Trading Platform

VATEE's MetaTrader 4 and 5 platforms offer a trading experience with no restrictions. These platforms are renowned for providing some of the best trading conditions globally, particularly for scalping and high-frequency trading. Traders can take advantage of placing orders between the spread, thanks to the absence of a minimum order distance and a freeze level set at 0. This flexibility enables traders to position orders, including stop loss orders, as close to the market price as desired.

Why choose to trade on MT4 with VATEE? Here's why:

- Access to thousands of indicators and signals.

- A wide variety of chart types and tools at your disposal.

- Full customization options to tailor your trading experience.

Whether you're on MAC OS, Windows, or Android, you can easily download and start trading on VATEE's platform. Notably, VATEE ensures ultra-fast order execution through its MetaTrader 4 server, strategically located in the Equinix NY5 data center in New York. This financial ecosystem houses over 600 buy and sell-side firms, exchanges, trading venues, market data providers, and service providers. The MetaTrader 4 server is meticulously cross-connected to VATEE and its pricing providers, guaranteeing ultra-low latency and lightning-fast execution of your trades.

Trading Platform

Deposit & Withdrawal

Vatee offers a wide range of flexible deposit methods and accepts various primary currencies to provide clients with convenient transactional support, including:

  1. Credit Cards

  2. Bank Transfer

  3. UnionPay

  4. PayPal

  5. USDT (Tether)

  6. NETELLER

These options ensure that clients can easily fund their accounts using their preferred methods and currencies.

Deposit & Withdrawal

Educational Resources

Beginners can start their forex journey with Vatee and access a wide range of educational resources. These resources provide insights into the workings of the forex market, covering the basics of technical and fundamental analysis, as well as the various factors that influence currency markets. By exploring these educational materials, individuals can acquire the knowledge necessary to navigate and make informed decisions in the world of forex trading.

Educational Resources

Customer Support

Vatee Global Limited Address:

Vatee Global Limited is located at Room 3148, Island Motel Building, Port Vila, Vanuatu. This is where you can physically reach out to them for any inquiries or assistance you may require.

Vatee Pty Limited Physical Address:

For those looking to contact Vatee Pty Limited, their physical address is Se5 Level 10, 189 Kent St, Sydney, NSW Australia 2000. This location serves as their office in Australia.

Email Vatee:

To initiate electronic correspondence with Vatee, you can send your messages to info@vateefx.com. This email address is a convenient way to reach out for any information or support you may need.

Landline Contact:

For direct phone communication, Vatee can be reached via landline at +61 (02) 92510117. This contact number is available for inquiries and assistance during operational hours.

Exchange Comparison

Exchange Vatee XM HFM
Country Vanuatu Cyprus, Belize, Australia Cyprus, Australia
License No CySec, FSC, ASIC CySec, FCA, FSCA, DFSA
Guaranteed Funds No €20,000 (CY) £85,000 (UK)
Segregated Accounts No Yes Yes
Negative Balance Protection No Yes Yes

FAQs

Q1: What types of trading accounts does Vatee offer?

A1: Vatee provides traders with two main account types: the Standard Account and the Zero Account.

Q2: How can I deposit funds into my Vatee trading account?

A2: Vatee offers a convenient range of deposit methods, including credit cards, bank transfers, UnionPay, PayPal, USDT, and NETELLER.

Q3: What leverage is available for trading at Vatee?

A3: Vatee offers a maximum leverage of 1:500.

Q4: What are the benefits of trading with Vatee's MetaTrader 4 platform?

A4: Vatee's MetaTrader 4 platform provides access to thousands of indicators and signals, a wide range of chart types and tools, and full customization options. It is a versatile and powerful tool for traders of all levels.

Q5: Where are Vatee's servers located for fast order execution?

A5: Vatee's MetaTrader 4 server is strategically located in the Equinix NY5 data center in New York, ensuring ultra-low latency and fast order execution.

Q6: How can I contact Vatee's customer support?

A6: Vatee offers customer support through various channels, including email at info@vateefx.com and a landline at +61 (02) 92510117.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

News

VATEE Sponsors 2nd Trading Competition Which Offers $60,000 Prize Pool

NewsVATEE Sponsors 2nd Trading Competition Which Offers $60,000 Prize Pool

2024-01-23 14:54

Organized by WIKIFX and sponsored by VATEE, two competitions - the S2 Simulated Trading World Cup and the MT4 Trading Competition - are about to start. As top-notch events for Contract for Difference (CFD) trading, both contests adhere to the principles of openness, fairness, and impartiality, aiming to provide a trading stage for traders to show their skills, discover more outstanding traders, and promote exceptional trading strategies.

WikiFX
2024-01-23 14:54
News
VATEE Sponsors 2nd Trading Competition Which Offers $60,000 Prize Pool

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