Abstract:VertexFxMkts, founded in 2022, is a brokerage registered in the United States. The trading instruments it provides cover currency Pairs, commodities, cryptocurrencies. But it is unregulated.
Note: VertexFxMkts's official website: https://vertexfxmkts.com/ is currently inaccessible normally.
VertexFxMktsReview Summary | |
Founded | 2022 |
Registered Country/Region | United States |
Regulation | No regulation |
Market Instruments | Currency Pairs, Commodities, Cryptocurrencies |
Account Type | Basic, Bronze, Silver, Gold, Platinum |
Leverage | Up to 1:5000 |
Spread | 0.5-3.3 pips |
Min Deposit | $500 |
Payment Methods | Bitcoin, Litecoin, Ethereum, Payeer, Perfect Money |
Customer Support | Email: Support@VertexFxMkts.com |
Physical Address: 60 Laight St #A, New York, NY 10014 United States |
VertexFxMkts, founded in 2022, is a brokerage registered in the United States. The trading instruments it provides cover currency Pairs, commodities, cryptocurrencies. But it is unregulated.
Pros | Cons |
Offers diverse market instruments | Unregulated |
High maximum leverage | High min deposit |
Low spreads | Limited customer support options |
5 types of accounts offered |
It is clear that VertexFxMkts is currently unregulated. The Whois website shows that the registration date of this dealer is 2022-12-25.
VertexFxMkts offers traders the opportunity to trade currency pairs, commodities, cryptocurrencies.
Tradable Instruments | Supported |
Currency pairs | ✔ |
Commodities | ✔ |
Cryptocurrencies | ✔ |
Indices | ❌ |
Bonds | ❌ |
Derivatives | ❌ |
Futures | ❌ |
Options | ❌ |
VertexFxMkts offers 5 different types of accounts to traders - Basic, Bronze, Silver, Gold, Platinum.
Account Type | Minimum Deposit | Leverage | Spreads |
Basic | $1000 | Up to 1:100 | Starting from 3.3 pips |
Bronze | $10000 | Up to 1:200 | Starting from 2.5 pips |
Silver | $25000 | Up to 1:400 | Starting from 1.8 pips |
Gold | $50000 | Up to 1:1000 | Starting from 1.0 pips |
Platinum | $100000 | Up to 1:5000 | Starting from 0.5 pips |
VertexFxMkts's spreads is 0.5 pips for Platinum Account, 1.0 pips for Gold Account, 1.8 pips for Silver Account, 2.5 pips for Bronze Account, 3.3 pips for Basic Account. But there is no information about commissions.
VertexFxMkts's leverage is different for different accounts. The minimum leverage is 1:100. The maximum leverge is 1:5000, which is high. But high leverage means high risks.
The broker offers 5 types of deposit and withdrawal methods - Bitcoin, Litecoin, Ethereum, Payeer, Perfect Money. The minimum deposit is $1000. But there is no more information about fees.
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According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1