Vatee, are their spreads tight?

https://vateefx.com/

Dear Investor,

Regarding the spreads offered by Vatee, we recommend contacting their customer support team directly for detailed and up-to-date information.

Firstly, Vatee claims to be regulated by the Vanuatu Financial Services Commission (VFSC). While we were able to locate a matching entity in the VFSC’s registry, it is important to note that the VFSC does not officially link licensed entities to specific website domains. Moreover, as an offshore regulator, the VFSC provides limited oversight and investor protection. Consequently, we cannot fully verify whether the license genuinely applies to the Vatee platform you are using, nor can we guarantee that this regulatory status offers adequate safeguards for your funds.

Secondly, Vatee also asserts that it holds a license from the Australian Securities & Investments Commission (ASIC). Although a corresponding entity does appear in ASIC’s register, the domain officially associated with that license is “https://vateemarkets.com.au/” , which differs from the platform you are inquiring about. Due to this discrepancy, we cannot currently confirm the validity of Vatee’s claim regarding ASIC authorization.

In light of these uncertainties and potential misrepresentations, we advise you to exercise significant caution when considering cooperation with Vatee, as there are notable risks involved.