Score

1.48 /10
Danger

VTFX

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.76

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

VTFX · Company summary

Since the VTFXs official website (http://www.vtfxco.com) no longer works, we had to resort to scraping together information from other sources to get a feel for the company's forex broker operations.

basic

General Information

VTFX presents itself as a forex broker registered in Hong Kong, China, offering its clients a series of trading instruments. As VTFXs official website cannot be opened for now, we were unable to obtain more information about its minimum deposit, trading platform, spreads and commissions, and more.

VTFX is operated by a company called VFTX International, and this company does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.

Trading Platform

Please note what VTFX offers is not the industry-leading MT4 or MT5 trading platform, which is a big pity, as the MT4 and MT5 trading platform are among the most popular trading platforms around the world. The absence of MT4 or MT5 trading platform offered can be served as further evidence that this broker is not a trustworthy one to trade with.

Customer Support

Worryingly, VTFX left its clients nowhere to turn to once something goes wrong with their trading process, which is quite dangerous. And this is also the typical tactic used by most scammers, as all this forex broke wants to do is to defraud investors at the very first.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

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