Vestra

( 1.33 )
12 reviews
Suspicious
This company shows several warning signs of potential fraud.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
The broker is authorized by the FSCA.
Online chat for communication.
Cons
Lack of transparency in trading conditions.
No information about the company's owners.
No demo or ECN accounts.
No guarantees that the information on the website is up to date.
The domain is new and the broker has no reputation online.

Company Background

The platform is operated by Scotasay Financial Western Cape (Pty) Ltd under registration number 2024/431460/07. The project positions itself as a brokerage service provider authorized by the FSCA, the South African regulator, with FSP license No. 54718. The company also lists an office address in Gauteng province in that country. However, the firm does not disclose any information about its history or team. Judging by the company number, it was founded in 2024. As for the domain, it was registered only on July 9, 2025. We will review Vestra’s activities and find out how reliable this broker is.

Overview of Services and Trading Terms

Vestra claims that it ensures compliance with security standards and protects client funds. The company offers access to trading on Forex, cryptocurrencies, and CFDs on various assets. You can use the web platform developed by the company, which supports 6 languages.

The broker does not disclose the availability of ECN accounts and the number of currency pairs.

The company has developed six types of tariffs, which differ in the minimum deposit amount — from $250 to $150,000. In addition, access to 300 assets is available at the basic level and to more than 500 at the premium level. As for fees, Vestra only indicated swaps in the range of 0.4%–1.5%, but did not specify the exact size of spreads.

The company disclaims responsibility for any losses incurred by clients and does not guarantee the accuracy of the information presented on the website.

Additional services include analytics, webinars, and consultations with managers. Besides, you will find a Glossary, Economic Calendar, and Online Chat for quick communication. On top of that, Vestra provides access to a private trading room for VIP clients.

Referral and Bonus Schemes

The affiliate program is not presented on the company’s official website, and there are no mentions of bonuses and promotions either. However, there is a cashback program on the VIP account, which requires an initial deposit of $150,000. Unfortunately, Vestra does not disclose any details about this reward. What percentage is paid as cashback? Are there any restrictions? Can this amount be withdrawn? The information is not disclosed.

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FAQ

Is there any income guarantee when trading with vestra.live?

The broker only mentions the risks of trading with leverage and that it can lead to losses exceeding your deposit. Meanwhile, the company does not promise any profits, and there are no guarantees of return on investment on the website.

What sum is necessary to begin dealing with Vestra?

The minimum deposit is $250. We took this information from the Accounts page of the website, the Starter tariff, so it is not our recommendation.

What deposit and withdrawal methods are available?

Standard methods are available for financial transactions, including bank transfers, cards, crypto, and e-wallets. Please note that cryptocurrency transactions cannot be traced or reversed.

Is vestra.live a legitimate website?

Yes, this broker operates within the legal framework. The company is registered in South Africa and licensed by the local regulator.

Is it like roulette with no guarantee of earning money?

This platform has only been operating since July 2025 and has not stood the test of time. Remember that it cannot guarantee reliability.
John Hartman - lead author on Scamroulette.com
John Hartman

I have not found any evidence that Vestra is a scam, but I still do not recommend that you trust this broker with your funds. This is because it is not regulated outside South Africa and does not have licenses from regulatory authorities in the US, Europe, or other jurisdictions. This means that your funds will not be protected, and it is better not to take the risk.

Overall Score

  • 2
  • 1
  • 0
  • 1
  • 10
  • Cheating comments
    2
1.33/5
OVERALL

Based on 12 votes

12 reviews about Vestra

  • Daniel Levu
    Cheating comment
    1 review
    23.10.2025 12:13
    simple and taught me everything I needed

    As someone just starting out in Forex, Vestra gave me all the tools and resources I needed to begin my journey. the platform is simple and intuitive, highly recommended for beginners.

  • Edi McKay
    Cheating comment
    1 review
    23.10.2025 09:32
    Smooth, Quick, and Easy, everything I need to trade

    I had a great experience trading with Vestra in the last few months. Every transaction was quick with transparent pricing, the platform had all the options I needed, and withdrawal is easy and quick.

  • Robert H.
    1 review
    18.10.2025 03:47
    THE BIG, WORTHLESS SCAM

    Hello everyone. To be honest, until recently, I thought VESTRA was a reputable company that operated strictly in accordance with regulatory requirements. However, in light of recent events, this company is, to put it mildly, dishonest. There were delays in withdrawals recently, and then transactions for 240 XRP disappeared altogether. I wrote complaints, but the broker has answers for everything in advance. And if any of you think that they will make a decision in your favor, you are greatly mistaken. If anyone thinks that I am lying or that my competitors have paid me to write a negative review, that is your right, but it is absolutely not the case. I do not recommend this broker based on my actual experience. I tried to express my indignation more politely, but believe me, I am boiling inside. Moreover, if they continue to treat their traders this way, they will soon be left with nothing. And those who accuse people who write here about their problems with vestra.live of being criminals or call them trolls should first prove that they themselves are not.

  • T. Lopez
    1 review
    13.10.2025 01:53
    They continue to deceive people

    For the past couple of months, I’ve been sitting on forums, watching the situation with this broker develop. Because I lost $487 on vestra.live! Of course, they don’t withdraw anything! It was clear from the very beginning, but I really wanted to believe that I had finally found a good brokerage company. Now I suspect that there is no real access to trading, that this company offers fake trading. In addition, I see that there are more and more reviews every time, and most of them are sharply negative. Therefore, I would like to warn everyone who is currently looking for information about Vestra and planning to cooperate with them: don’t do it, I lost money, and my story of outright fraud on the part of this broker is not the only one on the internet.

  • Freeman
    1 review
    02.10.2025 19:58
    This company is not worth your attention

    It’s another scam! The minimum deposit starts at $250, and the company’s employees help you lose it all. They slow down the execution of orders, and the slippage is noticeable, which is why I lose $20-$30 constantly. You know, it seems like a small amount, but by the end of the month, I had accumulated a decent amount of losses. Besides, you can’t withdraw the remaining deposit either. Does the website have good communication via online chat? Try contacting a competent operator through it! I deposited $600 into my account, and there is still $280 left in the account, but I haven’t been able to withdraw it for about 20 days. An “excellent” company, just great! I wouldn’t wish such a broker on anyone!

  • Jacobs
    1 review
    29.09.2025 12:59
    The terms and conditions are useless!

    I agree that the deposit amount is not suitable for beginners here, and the spreads are slightly higher than those of competitors. However, these are far from all the problems associated with the broker’s work. I can see from my own experience that VESTRA is implementing a standard scam scheme – a person deposits money, then they try in every possible way to persuade them to deposit even more money and not withdraw it for as long as possible. You will receive frequent phone calls, bonus offers, various “unique” options for additional features – all this is just to make you want to stay. Because all this activity ends immediately after you request a withdrawal. Unfortunately, no one will withdraw your money! You will not see any profit!

  • Mr. Weber
    1 review
    26.09.2025 17:37
    Another knavery! Be careful!

    There are more and more scammers among brokers! So I fell for vestra’s positive advertising, and there is convincing information on this broker’s website about licensing, etc. In addition, the minimum deposit is $250, and there are good conditions: leverage, floating or fixed spreads, and a mobile version of the platform. All legal information, such as address, phone numbers, and email, is posted on vestra.live. I believed it and deposited $1,200. And what was the result? It all ended after a couple of weeks of work, because my account was frozen, and the administrators did not explain the reasons for such measures in relation to my funds. I would like to add that I did not receive any explanation even after contacting customer support. I called them once, they promised to look into it, and that was it! There were no further messages from anyone. As for my money, it is still frozen!

  • Deidre Finley
    1 review
    25.09.2025 13:52
    I didn't like the broker

    I couldn’t make any money trading on this platform, and the money I requested simply wasn’t withdrawn!! Now I’ve switched to another broker, and I like working with them much more

  • Ramon74
    1 review
    22.09.2025 21:58
    Very unprofitable!

    What the hell is going on? The first week after replenishing my deposit, everything went smoothly – full compliance with the trading conditions. Then something unreal started happening with the spreads. They kept increasing, and quite significantly. I asked around, but no one had ever heard of VESTRA. It turned out that they weren’t registered with the British regulator. It’s good that I only invested a small amount, but what losses could someone who works with $2,500-$10,000 incur? No, this broker should be avoided – the money is clearly going into the pockets of the site owners, and it’s not very clear how this is possible when working under the supervision of regulatory authorities. Apparently, they lied to make themselves look important. Because you give them money, and that’s it–you say goodbye to it.

  • A. Jefferson
    1 review
    15.09.2025 11:47
    This platform is a fraud

    I lost almost $500 in one Bitcoin trading session, and I have never seen such manipulation of charts in my life. If you don’t want to lose money, don’t even look at their website – this company is a scam – it’s not even worth your attention!!!

  • Lonnie Alvarez
    1 review
    09.09.2025 20:48
    The broker is licensed and the terms and conditions are good

    The company has been registered in South Africa for almost a year. I would like to note that VESTRA is a reliable broker that I have been working with for the last 2 months with an average Gold tariff. This tariff has a restriction – a deposit of $10,000. Since higher tariffs are not available to me yet, I hope to save up a more substantial amount here. This broker suits me well for CFD trading. What’s more, scalping is allowed on vestra.live, and you can trade on the news, and even when news is released, there is no terrible slippage 🙂 I should note that execution is very fast! I have a personal account manager, but I haven’t used their services yet, although I’ve heard that the experts working on this service are competent, and my colleagues praise them for their high-yield signals and good portfolio placement offers. In any case, I advise you to take a closer look at VESTRA and read the reviews. Although there is not much written about this broker on English-language portals yet, read about it on Asian platforms.

  • Maurice Johnson
    1 review
    08.09.2025 21:56
    A platform for masochists

    If you want to lose your money and ruin your nerves, you should go here. Even if you make a little money, you still won’t get it.

  • David Davis
    1 review
    07.09.2025 12:59
    I'm having problems with withdrawals

    Has anyone else waited longer than a month for their money? My withdrawal request from August 20 hasn’t been processed yet, and I’ve heard that I’m not the only one, which is strange…

  • Curtis Dean
    1 review
    03.09.2025 20:50
    I am in a state of alarm...

    I started trading, and literally 3 minutes later, the spread increased from 2 points to 4, even though the market is calm. If this is happening now, what will happen when the news comes out? No, I’m not panicking, I’m just worried about my money…

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Broker Profile

License
Offshore
Leverage
1:10
Demo account
No
Order Execution Model
DD
Minimum deposit
$250
Licensing Authorities
Questionable Regulator
Investor Protection
No
Transparency
Some Hidden Terms
Reputation
Bad
Auditing
Not Conducted

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