Score

1.55 /10
Danger

Vorex

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.28

Risk Management Index0.00

Software Index4.00

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

Vorex Trading LLC

Company Abbreviation

Vorex

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2025-01-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Vorex · Company summary

Note: Vorex's official website: https://www.vorextradingfx.com/en/ is normally inaccessible.

Vorex Information

Vorex is an unregulated brokerage company registered in Cyprus. While the broker's official website has been closed, so traders cannot obtain more security information.

Is Vorex Legit?

Vorex is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is Vorex Legit?

After a Whois query, we found that this company's domain name is for sale, which shows that it has not registered it securely.

Is Vorex Legit?

Downsides of Vorex

  • Unavailable Website

Vorex's website is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since Vorex does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

Vorex is not regulated, which is less safe than a regulated one.

  • Withdrawal Difficulty/Induced Investment

According to a report on WikiFX, one user encountered significant difficulties with fund withdrawals and the other was induced investment. The issue remained unresolved despite the request being pending for a long time.

Negative Vorex Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative Vorex Reviews on WikiFX

Currently, there is only one piece of Vorex exposure and a neutral comment.

Exposure. Cannot withdraw

ClassificationUnable to Withdraw
Date2022-04-06
Post CountryHong Kong, China

You may visit: https://www.wikifx.com/en/comments/detail/202204061102678481.html https://www.wikifx.com/en/comments/detail/Co202212125631322889.html.

Conclusion

Vorex Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

User Reviews

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User comment

2

Comments

Write a review

FX1130615209
more than one year
Scam tried to get me to invest more, then cut and run. They lured me by letting me withdraw a small amount to show it was legit, but it's not, I lost the rest to them.
Scam tried to get me to invest more, then cut and run. They lured me by letting me withdraw a small amount to show it was legit, but it's not, I lost the rest to them.
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2022-12-12 16:41
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FX1114992172
more than one year
A very excellent broker I have met, with their customer support helpful and patient. I really appreciate Andrew’s kind guidance of my account opening. I did have a pleasant trading experience on this platform.
A very excellent broker I have met, with their customer support helpful and patient. I really appreciate Andrew’s kind guidance of my account opening. I did have a pleasant trading experience on this platform.
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2022-12-08 10:55
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