Venison is a Forex and CFDs broker that also offers a prop trading program. Vebson prop firm offers funded challenge accounts with funding options ranging from 5k to 200k USD. There is only a 2-step challenge available, which is a downside. However, the biggest drawbacks of this firm lie in its regulations and reliability. We will discuss this in safety in more detail and define risks associated with Vebson as a broker and prop firm. With ongoing discounts, the smallest 5k 2-step challenge costs only 33.6 USD, which is very competitive. The profit split is 80%, which is a decent amount.
In this unbiased Vebson review, we will dissect the firm’s safety, funded options and types, assets, platforms, support, and all other important features to conclude how reliable and attractive the firm truly is.
| Pros | Cons |
|---|---|
| Low challenge fees start from 33.6 USD for 5k challenges | Zero safety rating, not trustworthy |
| Decent profit split of 80% | No scaling plan to grow the funded account |
| Supports MetaTrader 5 (MT5) advanced trading platform | No free trial or free repeat challenges |
| Allows Forex, indices, commodities, and crypto trading | No educational resources |
| No withdrawal fees |
| FPA Score | Not rated yet |
| Year founded | 2024 |
| Headquarters | Saint Lucia |
| Minimum audition fee | 33.6 USD |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 5,000 USD |
| Maximum funded amount | 200,000 USD |
| Allowed daily loss | 5% |
| Profit target | 10% |
| Maximum trailing drawdown | 10% |
| Profit sharing (Payouts) | 80% |
| Trading Platforms | MetaTrader 5 (MT5) |
| Available trading markets | FX pairs, indices, commodities, and cryptos |
There are no Vebson reviews on the Forex Peace Army for its prop trading accounts, nor for its broker services, which is a major red flag. FPA is a reputable platform for brokers, and lacking reviews is the last thing any broker wants. Instead, the FPA administration points out that the firm was lying about its regulation and license, making it an unethical broker that can not be trusted. Being a side project of a broker that is so risky means its prop trading services are also highly risky, and we recommend our readers exercise caution when dealing with such firms.
As a result, the firm gets a 0 score in this section.
Vebson funded programs include Vebson Pro and Vebson Basic challenges. The Basic challenge is a standard 2-step account that won’t allow overnight and over-weekend holding, while the Pro account does. The Pro Vebson funding also allows traders to trade during major economic news releases. The list of funded options for Vebson challenges includes 5k, 10k, 25k, 50k, 100k, and 200k USD amounts. There are no other types of challenge accounts available, such as 1-step and instant.
Vebson scaling plan is not offered at the moment, which is very disappointing as traders can not grow their accounts over time.
Overall, the firm gets a 3 score in this section.
Vebson prop trading assets are diverse as the project is launched by a broker itself. Allowed assets include Forex pairs, cryptos, indices, and commodities. All assets are offered in the form of CFDs, including cryptos. The firm does not disclose the exact leverage it allows, which is a downside. There are no stocks offered for trading either, adding to the list of the firm’s drawbacks.
In the end, the firm gets a 3 score in this section.
Vebson rules are pretty standard for this sector and include:
The firm only allows news trading, overnight, and weekends holding on to its pro challenges. Traders are not recommended to sign up for challenges offered by this firm as it has serious safety issues.
Overall, the firm gets a 1.4 score in this section.
The pricing is competitive for Vebson funded challenges as the firm has ongoing discount events making pricing very affordable. Here is the list of all funded options and respective one-time fees with current discounts:
This pricing is well below the 150 USD price mark, making the firm very competitive in pricing.
Vebson free trial is not offered for funded challenges, but traders can open a demo with the broker, which won’t offer exact conditions of funded accounts. There is no Vebson free repeat either, meaning traders can not start over for free.
The firm gets a 3 score in this section as a result.
The firm allows access to the advanced trading platform, MetaTrader 5 (MT5). The platform allows both custom indicators and automated trading systems (Expert Advisors, EAs). EAs are not allowed, which is disadvantageous for traders.
As a result, the firm gets a 3.9 score in this section.
Vebson profit split is up to 80% which is a decent amount. However, there is no scaling plan to increase it up to 90% and there are no add-ons offered either. Withdrawals are not charged, but since the firm’s reliability is so obscure, we can not confirm it allows withdrawals at all.
The firm gets a 1 score in this section.
The broker does not provide any educational resources like webinars, trading courses, articles, or video tutorials. This is very disadvantageous for any broker. There is no trading blog and no educational materials are offered for prop trading either. The firm does not offer trading tools, which is rare for brokers.
The firm gets a 0 score in this section.
The firm only offers two options here, email, and live chat. Both support options and the website are available in the English language only, which is also a downside. There is no phone support available which is a downside.
The firm gets a 2.4 score in this section as a result.
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Vebson scam is highly likely, as the broker behind the firm was caught lying about its license and regulations, indicating serious issues with the firm’s safety.
No, the firm offers low fees and advanced platforms, but its safety is very questionable, making it very risky to sign up for its challenges.
The smallest one-time fee starts at 33.6 USD for the 5k 2-step challenges, which is a very competitive price.
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