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Score
China
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.85
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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.
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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