On December 5, 2024, the Investment Industry Regulatory Organization of Canada (IIROC) issued a warning against Venturemaple, stating that this broker falsely claims to be a member of CIRO and the Canadian Investor Protection Fund (CIPF). https://www.ciro.ca/news-room/publications/investor-alert-venturemaple-inc-venturemaplecom

Venturemaple appears to have emerged recently, with its domain registered in late October 2024. It is prudent to stick with established, major brokers, as newcomers in the industry are either untested over time or created hastily by fraudsters to solicit investors—an increasingly common trend. We have reasons to suspect that Venturemaple falls into the latter category. It displays licensing details and regulatory information across different jurisdictions to appear legitimate, but our inquiries into these claims indicate that Venturemaple either fabricates its regulatory status or copies information from legitimate financial firms. The warning from the Investment Industry Regulatory Organization of Canada (IIROC) also highlights these suspicious points.

In essence, Venturemaple is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  Venturemaple appears to be a scam. 

BrokersView found that the domain "https://venturemaple.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.