Score

1.48 /10
Danger

Vision Markets

Australia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Business Index6.81

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Vision Markets · Company summary
Aspect Information
Company Name Vision Markets
Registered Country/Area Australia
Founded Year 2014
Regulation Unregulated
Minimum Deposit $100
Maximum Leverage 1:1000
Spreads from 0.0 pip
Trading Platforms MetaTrader 4 and MetaTrader 5
Tradable Assets forex, commodities, indices, stocks, and ETFs.
Account Types ECN accounts, and VIP accounts.
Demo Account Yes
Customer Support live chat, email, and phone.
Deposit & Withdrawal bank transfer, credit/debit card, and e-wallets
Educational Resources webinars, articles, and video tutorials

Overview of Vision Markets

Vision Markets, headquartered in Australia, has been operating since 2014. As an unregulated broker, it offers a low minimum deposit of $100 and a substantial maximum leverage of 1:1000. Traders can benefit from competitive spreads starting at 0.0 pips and access the versatile MetaTrader 4 and MetaTrader 5 platforms.

The available assets cover forex, commodities, indices, stocks, and ETFs. Vision Markets provides ECN and VIP accounts, along with demo accounts for practice. Support is easily accessible through live chat, email, and phone, while deposit and withdrawal methods include bank transfers, credit/debit cards, and e-wallets. Traders can enhance their skills through the broker's educational resources, including webinars, articles, and video tutorials.

Overview of Vision Markets

Regulatory Status

Vision Markets operates without valid regulatory oversight at present. This unregulated status raises concerns regarding the level of transparency and accountability in its operations. Regulated brokers are subject to specific standards and scrutiny designed to protect the interests of traders. In contrast, unregulated brokers like Vision Markets may lack this regulatory framework, potentially exposing traders to higher risks.

Furthermore, the absence of regulatory oversight can limit the recourse available to traders in case of disputes or issues with the broker. Regulated brokers often offer investor protection and mechanisms for dispute resolution through the regulatory authority, which is not guaranteed when dealing with unregulated entities like Vision Markets.

It is crucial for traders to exercise caution and due diligence when considering unregulated brokers like Vision Markets. Conducting thorough research, reading reviews, and seeking advice from reputable sources can help traders make informed decisions about whether to engage with a broker that lacks regulatory backing. While some unregulated brokers may operate with integrity, the absence of regulatory oversight leaves room for potential risks that traders should be aware of.

Pros and Cons

Pros Cons
Competitive Leverage Unregulated
Low Minimum Deposit Limited Leverage for Retail Clients
Diverse Tradable Assets Complexity for Customers
MetaTrader Platforms Lack of Research and Analysis Tools
Educational Resources Limited Transparency on Islamic Accounts

Pros:

  1. Competitive Leverage: Vision Markets empowers traders with a substantial maximum leverage of 1:1000. This level of leverage allows traders to magnify their positions and unlock the potential for increased profits.

  2. Low Minimum Deposit: With a minimum deposit requirement of just $100, Vision Markets ensures accessibility for traders across a spectrum of capital levels.

  3. Diverse Tradable Assets: Vision Markets stands out by providing a diverse range of tradable assets. These assets include forex, commodities, indices, stocks, and ETFs. This diversity fosters portfolio diversification and risk management.

  4. MetaTrader Platforms: Vision Markets offers a robust and well-regarded trading environment, featuring both MetaTrader 4 and MetaTrader 5 platforms. These platforms are widely recognized for their user-friendly interfaces, an array of trading tools, and reliability.

  5. Educational Resources: Recognizing the importance of trader development, Vision Markets bolsters its offerings with a variety of educational resources. Traders can access webinars, articles, and video tutorials, enabling skill enhancement and knowledge growth.

Cons:

  1. Unregulated: A notable drawback is Vision Markets' lack of regulatory oversight. This raises concerns regarding transparency, investor protection, and ethical practices, potentially posing risks to traders.

  2. Limited Leverage for Retail Clients: Although high leverage is on offer, retail clients may face limitations on the maximum leverage they can access. This constraint can impact their trading strategies.

  3. Complexity for Customers: The absence of regulatory clarity can make it challenging for traders to assess the broker's trustworthiness and reliability, demanding thorough due diligence.

  4. Lack of Research and Analysis Tools: Vision Markets may not provide advanced tools and resources for in-depth market analysis. This limitation could hinder traders' decision-making processes.

  5. Limited Transparency on Islamic Accounts: The transparency concerning Vision Markets' Islamic accounts and their features is not well-documented. This can pose challenges for Muslim traders seeking Sharia-compliant options.

Market Instruments

Vision Markets offers a versatile trading platform with a rich array of market instruments, catering to a wide spectrum of traders. These include:

  1. Forex: Traders gain access to the dynamic foreign exchange market, allowing them to engage with a diverse collection of currency pairs. From major pairs like EUR/USD and GBP/USD to numerous minor and exotic pairs, this variety empowers traders to capitalize on currency exchange rate fluctuations and seize profitable opportunities.

  2. Commodities: Vision Markets enables traders to speculate on the price movements of various commodities, including precious metals like gold and silver, energy resources such as oil, and agricultural products like wheat and corn. These commodities serve both as hedges against inflation and valuable assets for portfolio diversification.

  3. Indices: Traders can invest in indices that reflect the collective performance of multiple stocks within specific regions or sectors. Notable indices like the S&P 500, Dow Jones Industrial Average, and FTSE 100 are available for trading, allowing traders to leverage broader market movements.

  4. Stocks: The platform provides access to individual stocks from global markets, including shares of renowned companies like Apple, Amazon, and Google. This feature empowers traders to participate in the growth and performance of specific enterprises while benefiting from stock price fluctuations.

  5. ETFs (Exchange-Traded Funds): Vision Markets facilitates the trading of exchange-traded funds, which are investment funds comprising various assets like stocks, bonds, or commodities. ETFs offer diversification and the opportunity to invest in multiple assets through a single trade, making them an appealing choice for investors seeking a balanced and cost-effective investment approach.

By offering this diverse range of market instruments, Vision Markets accommodates traders with a broad spectrum of preferences and objectives, from those interested in forex markets to those looking to explore stocks and ETFs.

Market Instruments

Account Types

Vision Markets introduces a range of three distinctive trading account options, including ECN and VIP accounts. These accounts not only provide attractive trading conditions but also offer a diverse array of base currencies to suit individual traders' preferences.

This flexibility enables traders to align their account type with their unique trading strategies, granting them access to competitive spreads and significant leverage. This synergy sets the stage for seizing enhanced trading opportunities.

Criteria ECN accounts VIP accounts
Minimum deposit Typically higher than standard accounts Typically higher than standard accounts and ECN accounts
Spreads Raw spreads Raw spreads
Commissions No No
Leverage Up to 1:1000 Up to 1:1000
Trading products Forex, commodities, indices, stocks, ETFs Forex, commodities, indices, stocks, ETFs
Additional features Personalized account management, dedicated support Personalized account management, dedicated support, and other premium features, such as access to exclusive research and analysis tools
Account Types

How to Open an Account?

  1. Visit the Vision Markets Website: Begin by accessing the official Vision Markets website using your web browser.

  2. Registration: Click on the “Sign Up” or “Register” button to initiate the account creation process. You will be required to provide personal information such as your name, email address, and phone number.

  3. Account Type Selection: Choose the type of trading account that best suits your needs. Vision Markets may offer various account types, so pick the one that aligns with your trading preferences.

  4. Identity Verification: You will need to complete a Know Your Customer (KYC) process, which involves submitting identification documents. Typically, this includes a valid government-issued ID, proof of address, and, in some cases, financial information.

  5. Fund Your Account: After successfully registering and passing the verification process, you can deposit funds into your trading account. Vision Markets usually supports various deposit methods, such as bank transfers, credit/debit cards, or e-wallets. Select your preferred payment method and follow the instructions to fund your account.

Open an Account

Leverage

Vision Markets offers its traders significant leverage with a ratio of 1:1000. Leverage here represents the relationship between a trader's personal capital and the funds provided by the broker. In simple terms, for every $1 of a trader's own capital, they can control a trading position worth up to $1000.High leverage, as demonstrated by the 1:1000 ratio, can be advantageous for traders aiming to increase their trading positions and potentially boost their profits.

Trading product Possible leverage
Forex Up to 1:1000
Commodities Up to 1:500
Indices Up to 1:200
Stocks Up to 1:50
ETFs Up to 1:50
Leverage

Spreads & Commissions

Vision Markets offers investors a choice between two distinctive account types: VIP accounts and ECN accounts. Each account type comes with its own set of spreads and associated costs.VIP Accounts:The VIP accounts include the Professional Account with impressively low spreads, often starting as low as 0.0 pips. When trading forex currency pairs, spreads typically vary from 0.0 pips to 0.5 pips. For commodities, indices, and stocks, expect spreads that generally fall between 0.05 pips to 0.5 pips. Importantly, the Professional Account doesn't involve any additional fees beyond the spreads.ECN Account:The ECN Account, like the VIP Account, offers spreads as low as 0.0 pips. When dealing with forex currency pairs, spreads typically range from 0.0 pips to 0.2 pips. For commodities, indices, and stocks, spreads generally range from 0.05 pips to 0.2 pips. It's worth noting that the ECN Account does entail a small commission. The exact amount of this commission varies depending on the specific trading product and the trading volume.

Account type Spreads Additional fees
VIP accounts From 0.0 pips None
ECN From 0.0 pips Small commission, depending on trading product and volume

Trading Platform

Vision Markets Trading Platforms: Vision Markets presents traders with the choice of two powerful trading platforms, each meticulously designed to enhance trading experiences.

  1. MetaTrader 4 (MT4) Platform: Vision Markets provides its traders with access to the widely acclaimed MetaTrader 4 (MT4) platform. Known for its user-friendly interface and advanced features, MT4 caters to traders of all levels. It boasts a rich set of charting tools, a wide range of technical indicators, and the capacity to employ Expert Advisors (EAs) for enhanced and automated trading strategies.

  2. MetaTrader 5 (MT5) Platform: Furthermore, Vision Markets extends access to the MetaTrader 5 (MT5) platform, an advanced iteration of MT4 offering a host of enhanced functionalities. MT5 provides an expanded selection of timeframes, a comprehensive array of technical indicators, and robust support for trading a diverse range of financial instruments. With MT5, traders gain access to a versatile and powerful tool for their trading pursuits.

Trading Platform

Deposit & Withdrawal

Vision Markets simplifies fund transfers across diverse accounts, providing an array of funding and withdrawal options in various base currencies.

Criteria Description
Payment methods Credit/debit cards, bank transfer, e-wallets
Processing time (deposits) Typically 1-2 business days
Processing time (withdrawals) Typically 3-5 business days
Accepted currencies USD, EUR, GBP, JPY, AUD, CAD

Customer Support

Vision Markets prioritizes comprehensive customer support to assist traders effectively. Support options include:

  1. Live Chat: Vision Markets offers a live chat function for real-time text-based conversations with their support team. This swift channel is ideal for addressing quick inquiries and resolving issues promptly.

  2. Email: Traders can contact Vision Markets's customer support via email, providing a written trail of communications. This method is suitable for more elaborate inquiries or issues that may require documentation.

  3. Phone: For those who prefer verbal communication, Vision Markets provides phone support. Traders can call the designated phone number to connect directly with customer support representatives, ensuring immediate assistance and clarification.

Customer Support

Educational Resources

Vision Markets offers an array of educational resources aimed at equipping traders with the knowledge and expertise they need to make informed decisions. These resources are designed to cater to traders at every skill level and include:

1. Live Webinars: Vision Markets organizes live webinars conducted by experienced traders and financial experts. Covering a wide range of topics such as market analysis, trading strategies, and risk management, these webinars offer traders real-time insights. They foster a dynamic learning experience through interactive Q&A sessions, making it a unique opportunity for traders to enhance their knowledge.

2. Comprehensive Video Tutorials: For traders, whether beginners or seasoned professionals, Vision Markets provides an extensive library of video tutorials. These tutorials delve into fundamental trading principles, platform navigation, order execution, and other essential trading aspects. They serve as a valuable resource for individuals looking to establish a solid foundation in the trading world.

3. Informative Articles: Vision Markets publishes informative articles encompassing various financial and trading topics. These articles offer deep insights into market trends, analyses, and trading strategies. By accessing these articles, traders can stay well-informed about current events and trends affecting financial markets. This knowledge equips them to navigate the trading landscape more effectively.

Conclusion

In conclusion, Vision Markets offers a comprehensive trading environment with a diverse range of financial instruments and accessible educational resources. While their regulatory status provides a degree of assurance, potential traders should consider the limitations on retail leverage and the absence of a demo account option. The broker's customer support channels and deposit/withdrawal methods provide convenience, making Vision Markets an option for traders seeking a balance between a regulated platform and a variety of assets.

FAQs

Q: What minimum deposit is required to start trading with Vision Markets?

A: The minimum deposit required to start trading with Vision Markets is $100.

Q: Are there different account types offered by Vision Markets?

A: Yes, Vision Markets offers three different account types: Standard, ECN, and VIP. The Standard account is the most basic type of account and has a minimum deposit of $100. The ECN account is designed for more experienced traders and has a minimum deposit of $500. The VIP account is designed for high-volume traders and has a minimum deposit of $10,000.

Q: What are the available payment methods for deposits and withdrawals at Vision Markets?

A: Vision Markets accepts a variety of payment methods for deposits and withdrawals, including credit/debit cards, bank transfers, and e-wallets such as PayPal, Skrill, and Neteller.

Q: How can I reach Vision Markets' customer support if I need assistance?

A: Vision Markets offers customer support via phone, email, and live chat. You can contact customer support by visiting the Vision Markets website or by downloading the Vision Markets mobile app.

Q: What are some of the risks associated with trading with Vision Markets?

A: s with any form of trading, there are risks associated with trading with Vision Markets. These risks include:

  • The risk of losing money.

  • The risk of fraud.

  • The risk of technical problems.

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