At first glance, you might think this company could be a good choice. But the more information you seek, the more problems you will encounter, along with huge red flags.

All in all, our honest Vergo Strategy review will show you that this firm can’t be trusted. Remember to use all our strategies to protect yourself from other swindlers, such as Bitexfy crypto exchange.

Legal Info: Is Vergo Strategy Legit Or A Scam?

According to the presentation, this brand is allegedly operated by Vergo Pty. Ltd., a company registered in Australia. This company has been a regulated entity since 1995 and appears on the ASIC register (ACN 070 081 202). The key problem here is that Vergo Strategy doesn’t share legal documents to prove its connections with this entity.

Another issue is that Verg Strategy reviews come from users registered in Germany, UK, Italy, the US, Canada, etc. Yet, the company is not authorized by any authorities in those countries to practice trading services with their citizens.

Who Are Vergo Strategy’s Victims?

One of the key proofs you can’t trust this brokerage is its registration date. Not the one appearing in the registers. Instead, you need to inspect its domain, which shows that registration was made in June 2024. Traders that mostly fell for this trap come from: 

• United Kingdom
• Australia
• Israel

With this in mind, we encourage you to check our tips from TRIMAMEX review. Learning how to avoid these tricks is the key. However, we all fall for new schemes once in a while. If that’s your experience as well, contact us for refund advice as soon as possible.

Traders Reviews

With 44 (100%) positive comments on Trustpilot, everyone might think the company is legitimate. Thus, searching for the company’s license for instance with BaFin, SEC, or FCA, doesn’t bring any results. Therefore, feel free to consider these reviews fake.

With all these irregularities, the only thing left is to require withdrawal right away. In case of any issues, don’t hesitate to reach us for assistance.

Leverage, Commissions, Spreads, Fees and Taxes

If you ever traded with a top-tier licensed firm you would know that Vergo Strategy broker is not genuine. Firstly, they are hiding all commissions, fees, and spreads. That’s not how legitimate firms operate.

But even more concerning detail is the leverage of up to 1:500. However, ASIC-regulated brokerages are allowed to offer a maximum of up to 1:30 to retail users. There we go, you’ve got all the signs summed up.

         Bonuses

Without transparent legal documents and policies, it’s hard to find if there are any hidden traps. Therefore, be prepared for anything with Vergo Strategy trading firm. Honestly, we recommend that you avoid bonuses in general when trading with unregulated firms.

Vergo Strategy Trading Features

The company mentions advanced tools, state-of-the-art systems, and high daily trading volume. Yet, there’s not a single more detail regarding that. Not to mention the proof of it.  Fairly, with such a mysterious presentation, we should be happy if the platform exists at all.

         Trading Platforms Available

Trading platform plays a huge role in choosing your broker. Usually, experienced traders opt for MetaTrader, DAS Trader Pro, cTrader, or similar options. Yet, once you complete the Vergo Strategy login process, you won’t find these trusted options.

Instead, you can expect only web-based, manipulative platforms often used by unregulated firms. To avoid any irregularities while trading, simply choose a top-tier licensed and more transparent firm.

         Available Trading Assets

Apparently, the company offers more than 1,000 tradeable assets from different categories. However, registering for a Vergo Strategy account requires a promo code, which makes it harder to check.

Anyway, you can expect options like: 

• Forex – USD/JPY, AUD/SGD
• CFDs – platinum, Adidas, NASDAQ
• Crypto – ETH, SHIBA

         Account Types

You should know that the company requires up to $1 million in deposits and provides literally nothing in return. Except for higher leverage that can make you lose everything way faster. Even though deposit requirements are high, they will accept €250 to get you started.  Consequently, you can opt for: 

• Bronze – €10,000
• Silver – €25,000
• Gold –  €50,000
• Platinum – €100,000
• VIP – €200,000
• TOP – €1,000,000

         Mobile Trading App

If the company was any close to legitimate, there would be a Vergo Strategy app available. Sadly, there are none, and that proves the theory they don’t offer trusted trading software.

         Demo Account

One of the best ways to inspect the company’s features would be with a demo account. But when the company hides all trading costs, we can’t expect it. And that’s exactly the case with this brokerage.

         Education

In general, all licensed trading firms tend to educate their traders first. They want them to trade more and more. Logically, the only way to do so is if you make them trade profitably. And that’s not possible if you don’t know what you are doing. On the other hand, with Vergo Strategy scam broker, that doesn’t matter much.

Vergo Strategy Withdrawal

Again, without legal documents and withdrawal policies, it’s hard to find all the necessary details. At least, the company reveals the minimum withdrawal requirement. For wire transfers, it’s $300, while for all other methods it’s $1. Of course, fees and processing times are not disclosed. So, you can expect trouble there.

Customer Support

You can get in touch with the company via e-mail, web contact form, and phone. Apparently, their support is available 24/7. Yet, with all the red flags so far, we highly doubt it. Especially if you are looking for your money.

Key Information To Consider About Vergo Strategy

With the domain registered only a few months ago, it’s clear there’s something wrong here. Also, there are tons of reviews from users in top-tier regulated countries. Yet the Vergo Strategy is not regulated by any of those. Therefore, you better request a withdrawal as soon as possible.

In case there’s any obstacle, book a free consultation with our chargeback team.

FAQ Section

What is Vergo Strategy?

Vergo Strategy is a trading firm allegedly registered in Australia with offices in the United Kingdom.

Is Vergo Strategy Legit?

No. The company is not regulated anywhere, even though it misled traders about its ownership by an Australian firm, which is registered with ASIC.

How to Withdraw Money From My Vergo Strategy Account?

You can try with crypto, wire transfers, e-payments, and card transfers. But if you experience any obstacles, contact us immediately for a refund consultation.