Vittaverse

Vittaverse broker is an emerging brokerage founded in 2022 that, with a Persian-language website, Rial deposits, leverage up to 1:2000 and services such as prop trading and copy trading, is clearly targeting the Iranian market. In this overview, we review Vittaverse's license, accounts, payment methods and risks based on Teagle's data so you have the full picture before depositing.

What kind of broker is Vittaverse?

Vittaverse has about 4 years of history, is registered in St. Vincent and the Grenadines, and has offices in Seychelles and St. Vincent. The broker offers currency pairs, metals, indices, stocks, commodities and cryptocurrencies; according to Teagle's account table, 62 forex symbols, 5 metals, 12 indices, 118 stocks, 3 commodities and 79 cryptocurrencies are available. Vittaverse claims membership in The Financial Commission and liability insurance of up to 20,000 euros; these are the broker's own claims. Teagle's expert sees Vittaverse as a broker that has cleverly identified the gap in services for Iranians and built a technically capable product. We have covered its appeal to beginners in the article Why Vittaverse appeals to beginner traders .

Vittaverse broker licenses and credibility

According to Teagle's latest review, Vittaverse's only active registration is with Financial Services Authority St Vincent & The Grenadines under number 26879. This is an offshore company registration, not oversight by a reputable international regulator; that is why Teagle's expert says the broker's entire structure is undermined by the lack of a credible regulatory framework. To learn how regulators are graded, read the guide Broker regulation and how it is graded .

Does Vittaverse serve Iranians?

Yes. Vittaverse's website and support are in Persian, verification is instant, and Rial deposits and TopChange are supported. However, Teagle's list of drawbacks notes that the broker's Rial deposit and withdrawal system is Telegram-based, non-transparent and high-risk; a point to take seriously before using the Rial method.

Vittaverse trading accounts

Vittaverse has three accounts with floating spreads and a 100% margin call, and all of them have an Islamic (swap-free) version:

• Standard account: minimum deposit $15, no commission, spreads from 0.5 pips, leverage up to 1:2000 and a 30% stop-out.
• ECN PRO account: minimum deposit $100, commission from $4 per lot, spreads from 0.1 pips, leverage up to 1:2000 and a 30% stop-out.
• VIP account: minimum deposit $12,000, no commission, spreads from zero, leverage up to 1:500 and a 0% stop-out.

The 1:2000 leverage also appears in Teagle's list of drawbacks because it encourages high-risk trading; before using it, see the guide to leverage and leveraged trading . Scalping, hedging and expert advisors are allowed at Vittaverse.

Vittaverse platforms and services

Trading at Vittaverse is done on MetaTrader 5 and cTrader. Additional services are varied: the Vittaverse prop firm, bonuses, copy trading, education, support for trading bots, a virtual private server (VPS), a forex calculator, a glossary of trading terms and an Affiliate program. According to Teagle's expert, the Vittaverse prop program is one of the features that has attracted many traders; if you are interested in this model, read Types of prop firms and how they compare . Active bonuses are also updated on the broker bonuses page .

Deposits and withdrawals at Vittaverse

According to Teagle's data, deposits and withdrawals via Tether (ERC20 and TRC20), Bitcoin, Ethereum and Rial are made with no broker fees. The minimum crypto deposit is $15 and the minimum Rial deposit is 100,000 Rials. Tether deposits take 1 to 15 minutes and withdrawals 1 to 3 hours; Bitcoin withdrawals are listed at 1 to 4 hours and the Rial method as instant. Teagle's list of drawbacks also mentions non-transparent fees such as an "inactive account fee".

Vittaverse rating and risk on Teagle

Vittaverse's overall rating on Teagle is 2.51 out of 5: Teagle users 3, Forex Peace Army 2.8, Trustpilot 2.6, Teagle expert 2.5 and WikiFX 1.64. The Teagle Eye risk index for this broker is 58 out of 100, in the "medium risk" category. More important than this figure, according to Teagle's expert, are the serious and repeated allegations about withdrawals. One Teagle user also reported widening spreads and called the broker B-Book; to understand this concept, read B-Book and A-Book brokers .

Pros and cons of Vittaverse broker

• Pro: low minimum deposit ($15) and Islamic option on all accounts
• Pro: MetaTrader 5 and cTrader platforms plus prop and copy trading services
• Pro: services localized for Iranians and fee-free crypto withdrawals
• Con: no reputable regulator, only an offshore registration in St. Vincent
• Con: serious and repeated withdrawal allegations and a poor reputation on WikiFX
• Con: Telegram-based Rial method and non-transparent fees

Who is Vittaverse suitable for?

In the assessment of Teagle's expert, Vittaverse is only conceivable for traders who fully understand the risk of dealing with an entity without credible regulation and knowingly accept it. For most investors, especially those who want a safe environment, Vittaverse's risks outweigh its benefits. If you are still undecided, put it side by side with another young broker in the Vittaverse vs. Wingo Markets comparison .

Conclusion

Vittaverse is attractive to Iranians in terms of technical features and services, but the safety of funds there is highly questionable. If you decide to work with it, start only with an amount you can accept losing, make a test withdrawal before anything else, and follow the latest warnings on the Teagle risk warning page .