Score

1.49 /10
Danger

VOBLAST

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

Regulatory Index0.00

Business Index6.83

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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40G

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Regulatory disclosure

Warning

ID BAPPEBTI
2023-04-20
Blocking 218 Website Domains, CoFTRA Reminds Investment Risks in Illegal Entities
VOBLAST
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Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
VOBLAST
Nadex
XtreamForex
Oxtrade
NordFX EU
AccuIndex
PO TRADE
Binarycent
FXPrimus
Deriv
InstaForex
HSB Forex Trade
Fxview
Fidelcrest
LegacyFX
FBS
MarketsVox
EVEREST
TriumphFX
Exclusive Markets
ForexVox

Broker Information

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Company Name

VOBLAST

Company Abbreviation

VOBLAST

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
VOBLAST · Company summary

General Information & Regulation

VOBLAST is a CFD forex brokerage presumably from St. Vincent and the Grenadines. It provides a web-based trading platform and a generous leverage. However, its founding time, actual office address, and the company behind it not disclosed to all. VOBLAST is not subject to any regulation, so investing with this broker is full of risks.

Markets Instruments

VOBLAST offers its clients forex pairs, as well as indices, stocks and crypto currencies. Objectively speaking, the variety of trading assets available on the VOBLAST is rather average.

Minimum Deposit

The minimum initial deposit for starting a standard accounts is as low as $10. Although this amount is affordable for most brokers, trader are still not advised to register real trading accounts here given the fact that VOBLAST is not regulated anyway.

Leverage

With a leverage of up to 1:1000, as offered by VOBLAST you can score good profit with a limited investment. Still, be aware that higher leverage comes with a price – the higher the leverage, the higher the risk of loosing your funds with the slightest fluctuation of the market.

Spreads & Commissions

Spreads in the Standard account, Syariah account, and VIP account start from 1.2 pips, with no commissions charged. While the Cent account charge a commission of $10 per lot, with its spreads starting from 0.2 pips only.

Trading Platform Available

VOBLAST offers a web based trading platform, which lacks some basic features, standard with classic trading platforms such as the MetaTrader4.

Deposit& Withdrawal

The minimum deposit is $10. However, clients of VOBLAST have a very poor choice of payment methods. They may deposit or withdraw only via VISA and MasterCard, bank/wire transfer and Webmoney. Popular options such as Skrill or Neteller are missing.

User Reviews

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User comment

2

Comments

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xcvbnm
more than one year
VOBLAST disappointed me with issues in fund withdrawal due to email access problems and maintenance, along with file system errors. The platform's reliability and efficiency are questionable.
VOBLAST disappointed me with issues in fund withdrawal due to email access problems and maintenance, along with file system errors. The platform's reliability and efficiency are questionable.
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2023-12-29 18:23
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FX1387965627
more than one year
Do not give this company your money or phone number, they will hound you and not stop calling you... it is a TOTAL scam. I STRONGLY BELIEVE AND INSIST THAT VOBLAST ARE SCAMMERS!! Now you leave me no choice but to report you!! EVERY TRADER MUST BE AWARE OF THIS COMPANY, NEVER TRUST THEM WITH YOUR MONEY!
Do not give this company your money or phone number, they will hound you and not stop calling you... it is a TOTAL scam. I STRONGLY BELIEVE AND INSIST THAT VOBLAST ARE SCAMMERS!! Now you leave me no choice but to report you!! EVERY TRADER MUST BE AWARE OF THIS COMPANY, NEVER TRUST THEM WITH YOUR MONEY!
Translate to English
2023-03-24 14:16
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