Score

1.51 /10
Danger

ViTrade

Germany

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

C

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.04

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Eine Marke der flatexDEGIRO Bank AG

Company Abbreviation

ViTrade

Platform registered country and region

Germany

Company website

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YouTube

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
ViTrade · Company summary

General Information & Regulation

ViTrade, a trading name of Eine Marke der flatex Bank AG, is allegedly a broker based in Germany and regulated by the Federal Financial Supervisory Authority (BaFin), claiming to provide its clients with rich tradable products on the HTX, WebTrader and HTX mobile app trading platforms.

Market Instruments

ViTrade advertises that it offers an extensive range of trading instruments in financial markets, including shares, certificates, bonds, ETFs, ETCs, futures and warrants. Note that per order charges 5.95.

Trading Platform Available

When it comes to trading platforms available, ViTrade gives traders three choices: the professional HTX trading platform, the browser-based WebTrader and the HTX mobile app for iPad and iPhone. Whatever, we suggest you use MetaTrader4 or MetaTrader5 as the trading platform. As most traders know, the MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. The MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While the MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option.

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Customer Support

ViTrades customer support can be reached by telephone: +498003872331. Besides, you can also follow this broker on some social media platforms like YouTube, Facebook and Twitter. However, this broker doesnt disclose other more direct contact information like email or the company address that most brokers offer.

User Reviews

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User comment

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Comments

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、76544
more than one year
ViTrade is one of the best security brokers I have used during my trading career. They not only provide a good experience with their customer service and also many trading resources to meet my trading need, such as daily analysis, trading tools and strategy learning etc. Very recommendation to all traders!!
ViTrade is one of the best security brokers I have used during my trading career. They not only provide a good experience with their customer service and also many trading resources to meet my trading need, such as daily analysis, trading tools and strategy learning etc. Very recommendation to all traders!!
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2023-03-22 16:26
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