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No Regulation
Score
1.37 /10
Danger
Vortex Markets
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index5.90
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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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Warning: Low score, please stay away!
Previous Detection :
2024-12-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: Vortex Markets' official website: https://vortexmarkets.org is currently inaccessible normally.
| Vortex Markets Review Summary | |
| Founded | 2019 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | / |
| Demo Account | ✅ |
| Leverage | Up to 1:100 |
| Spread | From 0 pips |
| Trading Platform | Web-based |
| Social Trading | ✅ |
| Min Deposit | $300 |
| Customer Support | Tel: +44 203 747 3645 |
| Email: support@vortexmarkets.com | |
Vortex, established in 2023 and based in the United Kingdom, operates under an unregulated status. It offers three kinds of live accounts with the minimum deposit of $300.
Pros and Cons
| Pros | Cons |
| Demo accounts | Unavailable website |
| Unregulated | |
| No MT4 or MT5 | |
| High minimum deposit | |
| Only accepting cryptos for funding |
Is Vortex Markets Legit?
Vortex Markets does not disclose a contact address, and the links to its Terms and Conditions and Privacy Policy are non-functional. The website footer mentions a company name—Vortex Markets Inc—but there is no evidence that this entity actually exists. Additionally, Vortex Markets operates without regulatory oversight, and its official website is inaccessible.
Account Type
Vortex Markets claims it offers three kinds of live accounts: the Standard, the Silver and the Gold accounts with the minimum deposits of $300, $5,000 and $25,000.
| Account Type | Min Deposit |
| Standard | $300 |
| Silver | $5,000 |
| Gold | $25,000 |
Leverage
Vortex Markets provides a maximum leverage of 1:100. This high leverage can significantly boost potential returns, but it also comes with heightened risk.
Vortex Markets Fees
Vortex Markets offers different spreads for different accounts. It claims to offer spread from 0 pips on the Silver account and the Gold account.
Trading Platform
Vortex Markets only supports a web-trading platform. The software is quite underwhelming. While it does offer some basic functionalities like technical analysis tools and multiple chart types, it notably lacks the sophisticated features found in industry-standard platforms like MT4 or MT5. Instead, it includes a controversial social trading feature that enables users to follow and replicate the trades of top performers in real-time.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Vortex Markets only accepts deposits and withdrawals via cryptocurrencies. Some reputable brokers do accept digital currencies like Bitcoin, but they also offer other transparent payment options such as credit/debit cards, bank transfers, or popular e-wallets like GiroPay, PayPal, or Skrill.
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