Home -
Vakif FX -

Score

2.27 /10
Danger

Vakif FX

Turkey

5-10 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

http://www.vakiffx.com

Influence

C

Add brokers

Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.18

Risk Management Index0.00

Software Index8.89

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

open now

Broker Information

More

Company Name

VAKIF YATIRIM MENKUL DEGERLER AS

Company Abbreviation

Vakif FX

Platform registered country and region

Turkey

Company website

X

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

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

Vakif FX · Company summary
Vakif FXReview Summary
Founded2012-02-29
Registered Country/RegionTurkey
RegulationUnregulated
Market InstrumentsForex and CDFs(on commodities/indices/metals)
Demo Account❌
Leverage/
SpreadFrom 0.8 pip
Trading PlatformMT4(PC/Desktop/iPhone/iPad/Android)
Min Deposit/
Customer SupportPhone: (0850)222 7772
Email: musterihizmetleri@vakifyatirim.com.tr
Fax: (212)352 36 20
Social Media: Facebook, Twitter, Instagram

Vakif FX Information

Vakif FX is a broker. The tradable instruments include forex and CDFs on commodities, indices, and more. The broker also provides standard and premium accounts with a minimum spread of 0.8 pip. Vakif FX is still risky due to its unregulated status, along with unspecific fees and account data information.

Vakif FX Information

Pros and Cons

Pros Cons
Spread as low as 0.8 pipUnregulated
MT4 availableDemo account unavailable
Various trading instrumentsUnspecific fees and account data information

Is Vakif FX Legit?

Vakif FX is not regulated, making it less safe than regulated brokers.

Is Vakif FX Legit?
Is Vakif FX Legit?

What Can I Trade on Vakif FX?

Traders can choose different investment directions because the broker provides forex and CDFs on commodities, indices, and more.

Tradable Instruments Supported
Forex✔
CDFs✔
Stocks❌
Cryptocurrencies❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on Vakif FX?

Account Type

Vakif FX provides Standard and Premium accounts. However, apart from spread traders, they do not get more data information such as commissions, leverage, etc.

Account Type Supported
Standard✔
Premium✔
Account Type

Vakif FX Fees

The spread is from 0.8 pip, while the lower the spread, the faster the liquidity. Vakif FX also provides swap-free products.

Vakif FX Fees

Trading Platform

Vakif FX has an authoritative MT4 trading platform available on PC, Desktop, iPhone, iPad, and Android. MT4 not only provides various trading strategies but also implements EA systems.

Trading PlatformSupported Available Devices
MT4✔PC/Desktop/iPhone/iPad/Android
Trading Platform

Deposit and Withdrawal

Deposit and withdrawal through the Dollar and Turkish Lira account at Vakifbank during the day before 16:00.

Deposit and Withdrawal

Customer Support Options

Traders can contact Vakif FX via phone, email, and fax and follow the broker through Facebook, Twitter, and Instagram.

Contact Options Details
Phone (0850) 222 7772
Email musterihizmetleri@vakifyatirim.com.tr
Fax (212)352 36 20
Social Media Facebook, Twitter, Instagram
Supported Language Turkish
Website Language Turkish
Physical Address Akat Mahallesi Ebulula Mardin Caddesi No:18Park Maya Sitesi F-2/A Blok Besiktas 34335 ist anbul
Customer Support Options

User Reviews

More

User comment

1

Comments

Write a review

ExcellentER
more than one year
A few months ago, I started using Vakif FX for forex trading. Right from the beginning, I received substantial support and assistance through email and phone. As of now, I haven't encountered any issues.
A few months ago, I started using Vakif FX for forex trading. Right from the beginning, I received substantial support and assistance through email and phone. As of now, I haven't encountered any issues.
Translate to English
2024-01-10 10:27
Reply
0
0