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No Regulation
Score
1.05 /10
Danger
Vitrox Finances
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index3.48
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
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-20
- 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
Vitrox Finances Information
Vitrox Finances is a UK incorporated broker located at 1 Mayfair place, London, Egnland.W1J8AJ. It offers a range of financial services including forex, real assets, loan schemes, cryptocurrency investment, sales and trading, and mutual fund management for investors who are diversified and need to expand their portfolios. However, because it is not regulated, trading creates a certain amount of risk, so please pay attention to safety.
Pros and Cons
| Pros | Cons |
| 10 types of accounts | No regulated |
| Diversified trading markets | Trading platform MT4/5 is not supported |
| Offer referral bonuses | |
| 24/7 customer support available | |
| Live chat support is available |
Is Vitrox Finances Legit?
Vitrox Finances is currently unregulated and operates outside of laws and regulations. Traders choosing this broker need to have a certain risk bearing ability, please be careful to invest.
What Can I Trade on Vitrox Finances?
Vitrox Finances states that they offer a variety of financial services to traders, including foreign exchange trading, physical asset investment, loan services, cryptocurrency investment, sales and trading, and mutual fund management. From short-term trading to long-term investment, to meet the needs of different investors.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Loan Scheme | ✔ |
| Sales & Trading | ✔ |
| Real Asset | ✔ |
| Cryptocurrencies | ✔ |
| Mutual Funds | ✔ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
Vitrox Finances provides 10 types of accounts. The names are Starter Account, Silver Account, Platinum Account, Gold Account, Ultimate Account, Ultimate Pro Account, Premium Account, Compounding Plan 1, Compounding Plan 2 and Compounding Plan 3.
The minimum and maximum investment limits increase as the account level increases, and the minimum investment is set at $100 to provide different investment levels for various budgets. Compounding Plans require a higher minimum investment, but offer a daily return of 5 percent for one month. 24/7 customer support is available for all account types.
| Account Types | Starter | Silver | Platinum | Gold | Ultimate | Ultimate Pro | Premium | Compounding Plan 1 | Compounding Plan 2 | Compounding Plan 3 |
| Minimum Investment | $100 | $500 | $1,000 | $5,000 | $10,000 | $15,000 | $40,000 | $5,000 | $10,000 | $15,000 |
| Maximum Investment | $499 | $999 | $4,999 | $9,999 | $14,999 | $39,999 | $90,000 | $9,999 | $14,000 | $20,000 |
| Daily Return Rate | 2% for 90 days | 2.2% for 90 days | 2.5% for 60 days | 3% for 60 days | 3.5% for 30 days | 4.0% for 30 days | 5.0% for 30 days | 5% for 1 month | 5% for 1 month | 5% for 1 month |
| Referral Bonus | 7% | 7% | 7% | 7% | 7% | 7% | 7% | 7% | 7% | 7% |
| Customer Support | 24/7 Support | 24/7 Support | 24/7 Support | 24/7 Support | 24/7 Support | 24/7 Support | 24/7 Support | 24/7 Support | 24/7 Support | 24/7 Support |
| Dashboard Access | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
Deposit and Withdrawal
Vitrox Finances does not provide information about the deposit in and out. What you can know is that the minimum deposit for Vitrox Finances is $100, which is not a low threshold for novice advisers.
Customer Service
Vitrox Finances supports customer service channels including phone and email, as well as offline addresses for consultation or assistance. Even better, 24/7 customer support is available on all accounts, so you can get help anytime, anywhere.
| Contact Options | Details |
| Phone | +44 7577 532748 |
| support@vitroxfinance.com | |
| Online Chat | 24/7 |
| Website Language | English |
| Physical Address | 1 Mayfair place, London, Egnland. W1J8AJ |
The Bottom Line
Vitrox Finance offers 10 different account types with different minimum and maximum investment limits. Despite offering a diverse range of products and round-the-clock customer support, Vitrox Financial operates without regulation, which creates risks for traders.
FAQs
Is Vitrox Finances safe?
No, it's not safe. Because Vitrox Financial is not regulated, it cannot guarantee the safety of funds or provide traders with appropriate protection in the event of dispute fraud.
Is Vitrox Finances good for beginners?
No, Vitrox Financial may not be the best choice for beginners. Because it is not regulated, and beginners usually need a safe, regulated trading environment.
Is Vitrox Finances good for day trading?
No, Vitrox Financial is not for day trading. Day trading requires a secure, transparent and efficient trading environment that unregulated brokers like Vitrox Financial may not be able to provide.
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