Score

1.47 /10
Danger

VistaForex

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.71

Risk Management Index0.00

Software Index4.00

License Index0.00

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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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Broker Information

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Company Name

VistaForex

Company Abbreviation

VistaForex

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • 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

Pyramid scheme complaint
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Scam

Delete my account

I am iram from pakistan i already exposed my problem In February 2020, someone contacted me on WhatsApp, I am from the company vista and you can do cryptotrading here.we will share some hotels with you, then you have to give reviews and on top of each review you will get money, now you can earn money sitting at home.For this they sent me the name of a hotel which is there, I searched it on Google, added its reviews and added it to the details after the reviews and sent them back and They sent me some money After that he added me in his telegram group,after that he asked me to make some investment, so, I made an investment of 7,000. And after that he sent me 9000 commission, so after that he shared three plans with me, 18k 22kand 50k and 1lakh, , and I had an investment of 18 thousand. After taking the plan, they added me in a group where 2 members are already added , he said that you can withdraw your money when you take plan of two lakhs, after that, when you give two lac with comission After I invested 2 lakhs, they shared some steps to withdraw when i follow the steps They said that you have made a mistake in it. You can't get your money. If you want your own money, then you will have to give three lakhs more to recover your mistake.And all the rest of the payment and the commission of three lakhs will be sent along with it, so when I gave three lakhs, they again said that you did not make one mistake, you had two mistakes, so you should pay three lakhs more. After that they will give you the full payment which is 1 lakh with commission. When i gave 3 lakh more, they shared the number of Finance Master to withdraw but he refused and demand 6lac more when i gave 6lac more he again refuse to withdrw my money and after some month they deleted my account i invested 14 lac 25 thousand but found nothing please help me to recover my money for prove here are some attachments of screenshots

imi790
2024-07-29 00:41
VistaForex · Company summary

General Information & Regulation

VistaForex is an online broker, registered in Saint Vincent and Grenadines. VistaForex is not subject to any regulation. Traders should straight away that SVG-registered brokers arent licensed even formally, which leaves them free to conduct business as they see fit. So, no wonder most of them are running investment scams.

Market Instruments

Tradable financial instruments available on the VistaForex platform include forex currency pairs, commodities, indices, stocks.

Minimum Deposit

You may open a live trading account with $100, which isnt a high entry threshold. And yet, since VistaForex is unregulated, offshore broker with virtually zero credibility, traders should stay away from it.

Leverage

The leverage with VistaForex is very high, reaching 1:1000. If you are keen on trading with leverage levels that high, youd better do that with legit brokers, because trading on margin involves significant risk of loss.

Spreads & Commissions

The EUR/USD cost of trade is said to be starting from 1 pips, and the platform gave us a EUR/USD spread of 1.5 pips, which on the upper end of average.

Trading Platform Available

VistaForex offers its clients the renowned MetaTrader5 (MT5).This is indeed one of the best forex trading platforms, and lots of brokers support it.And given that VistaForexs credibility is bordering zero, traders should stay away from this broker.

Deposit & Withdrawal

VistaForex says to accept credit cards, bank wire, various e-wallets like Skrill, Neteller, PayPal, Perfect Money, as well as Bitcoin, Ethereum and Bitcoin cash.

Customer Service

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User comment

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Comments

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FX1375600221
more than one year
My browser warns me that VistaForex is a scam. I think it's not without reason. All in all, I wouldn't invest here just to be on the safe side. I think the most important thing is safety, if your money is cheated, what's the point of other trading conditions, no matter how competitive they might be.
My browser warns me that VistaForex is a scam. I think it's not without reason. All in all, I wouldn't invest here just to be on the safe side. I think the most important thing is safety, if your money is cheated, what's the point of other trading conditions, no matter how competitive they might be.
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2023-03-17 18:37
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FX1302536006
more than one year
VistaForex is registered with Saint Vincent and the Grenadines. As far as I know, there are many scam companies registered in this place. And the website of this company has expired. I guess it's a scam company.
VistaForex is registered with Saint Vincent and the Grenadines. As far as I know, there are many scam companies registered in this place. And the website of this company has expired. I guess it's a scam company.
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2023-03-01 16:06
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