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Score
Cyprus
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
Add brokers
Comparison
Quantity 6
Exposure
Score
Regulatory Index0.00
Business Index6.78
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
Vistabrokers CIF Ltd
Company Abbreviation
Vistabrokers
Platform registered country and region
Cyprus
Company website
Company summary
Pyramid scheme complaint
Expose
The deposit will not be given out for more than two months, and Vistabrokers should fulfill its promise of follow-in and follow-out, and withdraw the funds immediately.
They promised that I could withdraw my funds at any time when I recharcged. And the withdrawal handling fee is 5%. It has been just over two months since I topped up but Vistabrokers refused withdrawals. The superior said I couldn't withdraw funds until the market became better. And one leader named Jiajia Fan hasn't replied to me after I contacted her many times.
Since the beginning of March, Vistage has refused to withdraw funds and does not allow withdrawal of principal. My superior is Yunxiu, formerly named Chen Xiao, and he replied that he will not allow the principal to withdraw until the market improves. The superior is called Fan Jiajia, and has been contacted by WeChat many times, but has never responded.
Just two months after depositing in the Vistabrokers ., it does not give money, and Vista does not even talk about the most basic credit. Ask the superior Yun Xiu and superior Fan Jiajia to coordinate with Vista to withdraw funds immediately, fulfilling the promise of follow-in and follow-out.
Since March 1st, Vistage has refused to withdraw funds. Our immediate superior is Yunxiu. He replied that it must wait for the market to improve before Vistage will allow the withdrawal. The superior is Fan Jiajia. She has been contacted by WeChat many times, but has never responded.
They promised that I could withdraw my funds at any time when I recharcged. And the withdrawal handling fee is 5%. It has been just over two months since I topped up but Vistabrokers refused withdrawals. The superior said I couldn't withdraw funds until the market became better. And one leader named Jiajia Fan hasn't replied to me after I contacted her many times.
General Information & Regulation
VistaBrokers is owned and operated by the VistaBrokers CIF Ltd. Vistabrokers CIF Ltd with registration number 311445 and registered office at Flat 302, 131 Athalassas Avenue, Strovolos, 2015, Nicosia, Cyprus is an Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) under license number [190/13]. VistaBrokers brand does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, the Occupied Area of Cyprus.
Markets Instruments
Tradable financial instruments offered by VistaBrokers include Currency pairs, as well as CFDs on Commodities , Indices, and stocks. Overall, trading insruments available on the VistaBrokers platform seems average, as some popular products like metals, oils, as well as cryptocurrencies are missing.
VistaBrokers Minimum Deposit
VistaBrokers offers three types of trading accounts: the Mini (minimum deposit of $100), Standard (minimum deposit of $500), and Pro (minimum deposit of $5,000). In addition, Vista Brokers also offers free demo accounts and swap-free accounts. The initial deposit required by this broker sounds quite reasonble for most regular traders to get started.
VistaBrokers Leverage
Trading leverage vary depending on different trading accounts. The maximum leverage level available for the Mini account is up to1: 1000, incredibly high. Traders who open a standard account can use the maximum leverage of up to 1:500. The pro Account offers the leverage of up to 1:100.
Spreads & Commissions
The minimum spread for all three accounts starts at 0.5 pips on EURUSD, but the commission charged varies. In addition to the spreads, the Mini account charges a $26 commission, the Standard account a $17 commission, and the Pro account a $9 commission. Overall, the transaction cost on the Vista Brokers platform is relatively high.
VistaBrokers Trading Platforms
Vistabrokers offers traders the popular MT4 trading platform, an internationally acclaimed trading terminal that offers a full range of trading tools and resources: more than 50 built-in technical indicators, advanced charting packages, various Expert Advisors (EAs), and a wide range of backtesting options for them. Traders can download ready-made or create their own EA and let the program do all the work.
Deposit & withdrawal
Vistabrokers supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, Skrill, Neteller, Alipay, China UnionPay, Maestro, Wire Transfer, DACCO.
Customer Support
In the last, the VistaBrokers customee suoport team can be reached through email, telephone,or directly visiting its office in Cyprus. Live chat support is not available, though it is regarded as the quickest way to get responded.
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