Risk Warning: Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Losses can exceed the initial investment. Please ensure you fully understand the risks and take appropriate care to manage your risk.

FAQ

Find answers to the most popular questions regarding trading with VergeSummit.

Top FAQs

VergeSummit Ltd is regulated as a Securities Dealer by the Seychelles Financial Services Authority (FSA). As such, our internal systems are in compliance with the FSA regulations, which means that your funds are held in segregated accounts to protect your assets.


VergeSummit provides you with low spreads starting from 0.0 pips and ultra-fast execution speed of 0.15 second on average. Skrill, Neteller, FasaPay, UnionPay and credit card deposits are processed instantly while withdrawals are processed within one working day. We are proud that we have no restrictions on trading and no requotes. We also allow scalping, hedging, arbitrage, EAs and algorithms.


VergeSummit is a trading name of VergeSummit Ltd, which is regulated by the Seychelles Financial Services Authority (FSA).

VergeSummit is also a trading name of VergeSummit USA Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA) of the United Kingdom, of VergeSummit Europe Ltd which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), of VergeSummit Asia Ltd, which is authorised and regulated by the Labuan Financial Services Authority and of VergeSummit South Africa (Pty) Ltd, which is authorised and regulated by the Financial Sector Conduct Authority (FSCA).


We do offer Cash CFDs that allow you to trade with a continuous price that isn’t subject to an expiration date. The Cash CFD price is derived from the underlying futures contracts.