Veles Capital

Over 29 years on the market, Veles Capital has received surprisingly few reviews. Some look like an outright scam. And not very high quality. A real person wouldn’t write like that.
Honest reviews are mixed. Lots of neutrals. Nothing good there, but no hard complaints either.

There are some who are dissatisfied with the service. For example, on the website plusiminus.com, a former client says: in 2 months, his investment portfolio lost 18% because of the manager.
As subsequent proceedings showed, the Veles Capital company has a very rotten strategy. The bit closes transactions only at the end of the day. That is, the asset can depreciate all day long. The manager will not react to this. In the evening it will simply record a loss.

Another trader is dissatisfied with the staff of Veles Capital. In addition, this company is associated with garbage dumps. There are a lot of them. You can’t trust such a trickster.

Another trader complains about very poor service. People are treated with disdain and considered a burden. The man is sure: this is why Veles Capital is not popular.
On investotzyvy.com they say: our hero’s employees, with whom traders consult about specific investments in his own products, do not have any information at all.

They can’t disclose their income. Sharashka tries to actively promote her products, but is unable to provide arguments in favor of them.
Veles Capital promised one person 15% of income. Practice has shown that in reality it is much lower. Perhaps this is why the sharashka suppresses information.

On vsyapravda.net they talk about the annoying managers of Veles Capital. Stunt performers:

do not understand the word “no”;
They try to impose their services non-stop.

Calls come in regularly. It is important to understand: this is how scammers can act, to whom our hero’s employees leaked data.

Judging by the reviews, the scammers who call people ask for deposits from ₽ 50,000. They promise fat income and minimal risk. At the same time, it is not entirely clear whether the calls are coming from left-wing swindlers or whether this is a sharashkin’s office looking for new patients.

It is important to understand: honest brokers do not use cold calls. It’s ineffective. There is advertising on the Internet that works.

Is the Veles Capital website on your list of black brokers? The reason is difficulties with withdrawing money? You need to withdraw capital – complain to Rating Forex. We provide free legal assistance. We will make sure that the scammer turns his pockets out.

Terms of cooperation. How to make money with Veles Capital?

The Veles Capital company offers investments in the following markets:

• shares,
• precious metals,
• debt,
• currency.

Mention is made of IIS and the ability to trade blue chips.

There is no complete list of tools. The Veles Capital website sends you to the MICEX and St. Petersburg exchanges to get acquainted with the assortment.

It is not clear whether traders who have opened their “Personal Account” have full access to the derivatives market and whether they can margin (trade with leverage). Rating Forex warns: the information on the Veles Capital website is incomplete. It does not provide an opportunity to evaluate all prospects for making money.

Tariff plans

Veles Capital offers several tariff plans:

“Universal +”. Exchange transactions with a commission of up to 0.05% for shares, up to 0.034% in the precious metals and currency markets.
“It’s simple.” The fee for exchange transactions with shares, metals, currencies is 0.35%, regardless of turnover.
“Stock Advisor”. Commission for exchange transactions is up to 0.45%. Only for legal entities. Fees include consultation.
“Stock Advisor: support.” Commission for exchange transactions is up to 0.45%. Plus, every month 1% of the value of the assets is written off for maintenance.
“Stock Advisor: Growth.” Commission for exchange transactions is up to 0.45%. 15% of the profit for the services of an individual investment advisor is written off quarterly.
“Expert”. Commission for transactions with exchange assets – up to 0.45%. The fee includes a consultation fee.
“Active”. Available with a turnover of at least ₽ 100 million per month. Monthly fee – ₽ 1 million. The cost of exchange transactions is not indicated, but over-the-counter transactions are much cheaper.

The story of extortions does not end with greatly inflated commissions. Connecting a trading terminal also costs money:

QUIK Android X and iQUIK X will cost RUB 3,000 per connection, RUB 300 per month for use.
webQUIK. One-time payment – ₽ 1500. ₽ 200 – monthly fee.

This is despite the fact that all versions of user terminals are available for free. Veles Capital brazenly takes beans for connection against the backdrop of inflated commissions.

Rating Forex reminds you: most leading brokers include the costs of using QUIK in the commission. They are much lower than those of Veles Capital.

Registration and regulation

Veles Capital was registered in the Russian Federation in 1994. Since then the company has been operating legally. In 2003, she acquired a brokerage license. Later – dealer, depository, trust management.

The received documents allow our hero to provide services:

Broker. Bring transactions to the exchange and execute.
Dealer. Offer internal products like mutual funds, which the sharashka actively promotes, although they do not generate much income.

Depository. Placement of client assets in specialized depositories.
Trustee. Here the sharashka goes all out. Offers everything from advice to managed accounts. Judging by the reviews, clients earn very little. But with the help of commissions, he tightly fills his bottomless pockets with the bit.

It is important to understand: having a broker’s licenses is not a guarantee of honest service. Within the limits of the law, the dump can set any fees it wants. Nothing will happen to her for this. She actively uses this. But these are not all the problems that await after registration.

How Veles Capital scams money

Veles Capital is a broker with more than 29 years of experience. He has a different approach to clients. It all depends on how much money the patient has.

If a trader or investor has ten or more millions, he will be licked from all sides:

a few experienced managers and consultants will try to help wash;
commissions will be quite low compared to what ordinary investors expect.

Small clients receive the most dismissive service possible. They are operated by unmotivated, unqualified personnel. People are hired en masse and fired like a torpedo. They have low salaries, inflated demands, but only in the direction of scamming small clients for money, and not quality service.

On top of this, investors are being forced to make unfavorable investment proposals. Moreover, they are so bad that even if they worked normally, people would still receive a pittance income.

In reality, everything is much worse. No one receives the promised 15% profit. Rating Forex warns: profits barely cover inflation and commission fees.