Score

1.49 /10
Danger

VFX MARKETS

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

D

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.81

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

open now

Broker Information

More

Company Name

VFX MARKETS

Company Abbreviation

VFX MARKETS

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

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

VFX MARKETS · Company summary
Registered Country United Kingdom
Regulation No Regulation
Incorporated Years 2-5 Years
Company Name VFX Markets
Minimum Deposit $200
Demo Account Not Available
Maximum Leverage 1:500
Minimum Spreads 2 pips on VIP accounts
Trading assets Forex, CFDs, Cryptos
Trading Platform MT5 trading platform
Payment Methods N/A
Customer support Telephone: +44 (113) 3204819Email: support@vfxmarkets.com

General Information

VFX MARKETS is an offshore broker r registered in the United Kingdom, offering its clients access to a range of trading instruments, leverage up to 1:500, 5 x24 customer support.

General

Market Instruments

With VFX MARKETS, traders can get access to a wide range of trading instruments. Different types of trading assets, including foreign exchange, a series of CFD products, cryptocurrencies, are all available through this brokerage platform.

Market

Account Types

Three account types are available with retail and professional accounts: Standard, Premium and VIP. The minimum initial deposit to open a Standard account is acceptable $200, and Premium and VIP accounts require that traders fund at least $2,000, and $5,000, respectively. Besides, account services are basically same.

Account

How to open an account?

Opening an account withVFX MARKETS is not a difficult process, and you need only follow steps listed below:

1. Click “Register” on the homepage of VFX MARKETS.

2. When you first sign up for an account, you'll be prompted to enter personal information such your date of birth and residential address. To have your account fully verified you will be required to send the below documentation: Proof of identity, Proof of address. Once you've logged into your account and found the “Settings” > “Profile” > “Verification Papers” section, you can upload the required documents as indicated in the photos below:

account

3. After approval, you can fund your account and begin to trade with this brokerage.

Leverage

The maximum trading leverage offered by VFX MARKETS is up to 1:500. High trading leverage is ideal for active traders and scalpers, as it presents more overall trading flexibility. However, for inexperienced traders, it important for forex traders to select the level of leverage that they feel most at ease with, for leverage can magnify gains as well as losses.

Spreads & Commissions

VFX MARKETS offers a zero-commission trading environment, accompanies with higher spreads compared with its peers. Spreads are determined by trading accounts. The spreads offered by Standard, Premium and VIP accounts start from 4 pips, 3 pips, and 2 pips, respectively.

Trading Platform

VFX MARKETS offers its clients access to popular MT5 trading platform. The MetaTrader5 platform is suitable for your skill level and trading approach, regardless of whether you are an experienced trader or just starting out. The platform provides users with sophisticated tools for technical analysis, automatic trading capabilities (EAs), and mobile applications, all of which are utilized by millions of traders all over the world. Traders are also able to examine their orders, trades, account details, and keep up to date with the most recent market circumstances thanks to the intuitive user interface that is provided by the platform.

Trading Tools

Aside from MT5 trading platform, there are also some trading tools available to help traders quickly acquaint themselves with forex trading, including Economic Calendar, Forex Market Hour, Heat Map Analysis, Market Overview and Analysis.

Customer Support

Traders with any inquiries or trading related issues can get access to Valuta Markets multilingual customer support through the following contact channels:

A contact form (filling out required details, then waiting to be connected)

Telephone: +44 (113) 3204819

Email: support@vfxmarkets.com

Pros & Cons

Pros Cons
MT5 trading platform No regulation
Generous leverage up to 1:500 No 24/5 customer support
No online chat
High minimum deposits
Lacking for educational resources
No demo accounts

Frequently Asked Questions

Is VFX MARKETS regulated?

No, VFX Markets is not regulated.

What trading instruments does Golden Brokers offer?

VFX Markets offersforeign exchange, a series of CFD products, cryptocurrencies

What is the maximum trading leverage offered by VFX Markets

The maximum trading leverage offered by VFX Markets is up to 1:500.

User Reviews

More

User comment

3

Comments

Write a review

云淡风轻85533
more than one year
Best Customer Service. Over the last year have been trading with VFX MARKETS and within this period the Customer services as been efficient, superb, and heartwarming.
Best Customer Service. Over the last year have been trading with VFX MARKETS and within this period the Customer services as been efficient, superb, and heartwarming.
Translate to English
2023-02-21 18:07
Reply
0
0
FX1072471718
more than one year
Its zero-commission trading environment is really attractive, yet accompanied by wide spreads. I do love its high leverage offered, ideal for scalping. A guy named warren from its customer support team is helpful. However, I still cannot make my decision to use this broker for it probably is unregulated.
Its zero-commission trading environment is really attractive, yet accompanied by wide spreads. I do love its high leverage offered, ideal for scalping. A guy named warren from its customer support team is helpful. However, I still cannot make my decision to use this broker for it probably is unregulated.
Translate to English
2022-12-02 15:40
Reply
0
0