If you take a look at the VivoHolding website, you can see too many irregularities at first glance. Does that make them a scam company? Not particularly, but all the facts combined can easily discover the real picture.
Stay with us in our honest Vivo Holding review and learn how to avoid dubious traps. Also, we suggest you check our Fortune Capital Trade FX review for some tips that might not be included here.
| Regulated by: | No regulations |
| Is This Company Safe? | No |
| Known Websites: | Vivoholding.io |
| Have Warnings from: | FMA, FSMA, CNMV |
| Registered in: | Netherlands (allegedly) |
| Operating since: | 2023 |
| Trading Platforms: | Web trader |
| Maximum Leverage: | 1:2 for UST pairs / 1:4 for others |
| Minimum Deposit: | 250 EUR or GBP |
| Deposit Bonus: | N/A |
| Trading Assets: | Forex, Indices, Commodities, Stocks |
| Free Demo Account: | No |
| How to Withdraw from This Company? | If you were expecting to get a withdrawal from a company that is on a warning list of three authorities, you better start the chargeback today! For detailed advice, we offer you the first consultation for free. Get in touch today! |
Legal info: Is Vivo Holding Legit or a Scam?
Important to realize is that vivoholding.io doesn’t reveal its ownership details. With an alleged address in the Netherlands, such things would be impossible. Especially if the company is in the AFM registers.
Not only are they not listed there, but also not in any other Tier 1 regulatory register. Primarily, FCA, BaFin, and ASIC. Instead, this company is found in numerous warning lists, starting with the FMA (Austria). Consequently, their warning was published by FSMA (Belgium) and CNMV (Spain).
Who are Vivo Holding clients?
According to who.is, this company was registered in January 2023. Since those warnings were published just recently, we can see the job is done. Hopefully, no more clients will fall for the company’s dirty tricks. The ones that were targeted the most are coming from:
- Sweden
- Belgium
- Canada
- Austria
- Switzerland
If you are one of those, keep in mind you can apply for a chargeback in the first 540 days of any card transaction. For detailed guidance and other payment methods options, feel free to contact us.
Traders Reviews
Generally, there are not many customer reviews of this company. But the ones available on Trustpilot are not a good start. Out of two reviews, already one is screaming scam. Therefore, you have a clue where it goes.
In any case, our team is available for consultation if you experience any withdrawal problems. But first, let us know what your experience is so we can build up a case.
Leverage, Commissions, Spreads, Fees and Taxes
One of the most important aspects of any company is the trading costs. Starting with spreads, we can see trading with Vivo Holding broker would be quite costly, primarily because of the industry average spread of 1.5 pips that you can get after depositing 100.000 EUR.
The leverage of this brokerage is quite unclear. Apparently, they offer 1:4 leverage, but if you get any higher than 1:30, you should run. Simply because EU regulators allow companies to offer exactly that to retail traders. As for the other fees and commission, we’ll have to use imagination.
Vivo Holding Trading Features
As can be seen, all the Vivo Holding scam broker features are designed to manipulate traders. Firstly, with their security promotions. For instance, they claim to offer segregated bank accounts for deposits.
Yet, all the funds sent to them go straight into their pockets. On top of that, there’s the company’s trading software. Once you start recognizing all these signs, you’ll know how to escape the matrix. For additional information, make sure to read our Trillium Financial Broker review.
Trading Platforms Available
Overall, most traders learned to look for reliable third-party trading software. Preferably, they are choosing MetaTrader and cTrader. However, you should run once you see a web-based platform without a dedicated desktop app backup.
These platforms are often manipulated through the back end, and traders don’t even realize they are being scammed. Not to mention, such platforms don’t offer advanced options like Expert Advisors or copy trading.
Available Trading Assets
Another disadvantage of this brokerage is the missing crypto tradeable assets. Instead, you can choose other four categories:
- Forex – GBP/AUD, EUR/SEK, USD/JPY
- Commodities – silver, gold, platinum
- Shares – Amazon, Walt Disney, Boeing
- Indices – DAX 30, S&P 500, FTSE 100
Account Types
With scam brokers, account types show you exactly how much money they want from you. In this case, you can choose one of the five choices. Keep in mind that the minimum is still 250 EUR, regardless of the account requirements. The accounts are:
- Green – 5.000 EUR
- Premium – 10.000 EUR
- Platinum – 50.000 EUR
- Business – 100.000 EUR
- Executive – 250.000 EUR
Mobile Trading App
Non-surprisingly, this scam firm is far from a reliable broker. A lack of iOS and Android apps makes them even less trusted. Instead, this firm might offer you remote controlling apps like AnyDesk or TeamViewer. So, be careful who you give control of your devices.
Demo Account
Another key fact is that a demo account is not a part of the offer here. Understandably, the company wants to keep its flaws hidden. If you don’t want to get ripped off, you should start looking for Tier 1 licensed firms on time.
Education
Apparently, the company offers full academy pro trading education. Yet, none of the features in the program are revealed. Which makes you wonder if it exists at all. In any case, far more reliable education is always with regulated companies.
Vivo Holding Withdrawal
According to the presentation, the company accepts cards and wire transfers. Therefore, you should use the same methods for a withdrawal. Thus, the withdrawal processing time takes 3-5 business days. Since a fully transparent withdrawal policy and fees are hidden, you can expect a lot of trouble.
Customer Support
Generally, the support options with scam brokers don’t mean much. Very often, the phone lines they use are VOIP services without any option to be traced. Besides that, you can try contacting the company via e-mail or web form. Yet, with numerous warnings, you can expect huge delays there.
Everything about this brokerage looks shady. Starting with undisclosed ownership details and lack of regulations. On top of that, there are numerous warnings against this firm. Even if we exclude all this, they don’t have transparent conditions or trusted trading software.
All in all, too many factors you have to watch for. Also, there are too many options for them to manipulate clients. If you were also a victim of their manipulation, reach out to our refund exp
Key Information To Consider About Vivo Holding?
erts. The first consultation is free of charge and could be a solution to your issue.
FAQ Section
What is Vivo Holding?
Vivo Holding is an FX and CFD brokerage operating from the Netherlands since January 2023.
Is VivoHolding.io Legit?
Not at all. The company is not licensed and on top of that FMA, FSMA, and CNMV issued a warning against them.
Can I Recover Money Stolen in a Financial Fraud?
Definitely. With card transfers, you can apply for a chargeback. Which is the easiest option. But sometimes, you need to use alternative options. Contact us for more details.
