Score
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Score
Regulatory Index0.00
Business Index4.56
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
| Visforex Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Antigua and Barbuda |
| Regulation | Unregulated |
| Market Instruments | Forex, Cryptocurrencies, Metals, Shares, Commodities, Indices |
| Demo Account | ✅($10,000 in virtual fund) |
| Leverage | / |
| Spread | / |
| Trading Platform | Visforex platform |
| Min Deposit | $2,500 |
| Customer Support | Contact form |
| Address: Antiques And Beards. The Colony House, No. 41, Nevis Street, PO Box W916 | |
Based in Antigua and Barbuda, Visforex is an unregulated forex broker that was established in 2023. Visforex provides various financial products to trade via the visforex platform, including Forex, Cryptocurrencies, Metals, Shares, Commodities, and Indices. Demo accounts are available and the minimum deposit requirement to open a live account is as high as USD 2,500.
| Pros | Cons |
| Various trading options | Not regulated |
| Demo accounts supported | Limited info on trading conditions |
| Commission-free | No MT4/5 supoorted |
| Popular payment options | High minimum deposit |
| No deposit/withdrawal fees | Limited contact channels |
No, Visforex is not regulated by any reputable financial body. Please be aware of the risk!
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Shares | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Bonds | ❌ |
| Options | ❌ |
Visforex provides a demo account and three different levels of live trading accounts through Wealth Challenge, each with a different target profit, maximum pullback, daily loss limit and the number of step-by-step trading contracts.
The higher the account level, the greater the target profit and risk.
The minimum deposit for three different accounts is $2500, $4500 and $9500, respectively.
The demo account has $10,000 to trade without real money.
Trading Fees
Visforex dosen't charge any commissions when trading.
Non-Trading Fees
Visforex doesn't charge a deposit or withdrawal fees. But the visforex platform will extract 30% from the trader's profit as a revenue share.
| Non-trading Fees | Extract 30% from the trader's profit |
| Deposit Fee | ❌ |
| Withdrawal Fee | ❌ |
| Inactivity Fee | / |
| Trading Platform | Supported | Available Devices | Suitable for |
| Visforex platform | ✔ | Web | / |
| MT5 | ❌ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
Visforex accepts credit or debit card, bank transfer and cryptocurrencies as payment methods.
For all payment options, the minimum deposit is $2,500 and the minimum withdrawal is $1,500.
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2024-06-12 01:55
