Score

1.40 /10
Danger

Vlado

United Arab Emirates

2-5 years

Suspicious Regulatory License

Australia Appointed Representative(AR) Revoked

High potential risk

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Business Index6.16

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Company Name

Vlado Limited

Company Abbreviation

Vlado

Platform registered country and region

United Arab Emirates

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

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    Vlado · Company summary

    Risk Warning

    Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

    Feature Information
    Registered Country/Region Hong Kong
    Regulation ASIC
    Market Instrument Forex, Cryptocurrencies, Precious Metals, CFD
    Account Type Prime, Zero
    Demo Account yes
    Maximum Leverage 1:500
    Spread Prime: From 1.0 pips on majors, Zero: From 0.0 pips on majors
    Commission Prime: No, Zero: Min commission round turn
    Trading Platform MT4 for Mac, Windows, iOS and Android
    Minimum Deposit $100
    Deposit & Withdrawal Method cryptocurrencies, Visa, wire transfers, Neteller, Skrill and Webmoney

    General Information

    Vlado is a regulated brokerage firm that operates as an Appointed Representative (AR) under the license of VLADO BROKERS PTY LIMITED. Based on the information provided, Vlado is regulated by the Australian Securities & Investment Commission (ASIC) and has been in operation for 1-2 years. They offer a variety of trading accounts, including the Prime Account for direct access to institutional-grade spreads and dark liquidity pools, and the Zero Account for professional traders seeking unparalleled execution speed. Vlado provides access to a wide range of market instruments, including Forex, cryptocurrencies, precious metals, and CFDs. Traders can speculate on currency pairs, trade popular cryptocurrencies, invest in precious metals, and engage in CFD trading on various financial instruments. With maximum leverage of up to 1:500, Vlado offers traders the opportunity to control larger positions in the market. They also provide a Demo Account for traders to practice and familiarize themselves with the platform before trading with real funds. While Vlado's customer support is available via email, phone, and social media, further research is advised to fully understand the regulatory framework and ensure compliance with specific requirements before engaging with Vlado's services.

    Here is the home page of this brokers official site:

     basic-info

    Pros and Cons

    Vlado offers several advantages to traders, such as a range of trading accounts designed to cater to different preferences, including Prime and Zero Accounts. These accounts provide access to institutional-grade spreads, dark liquidity pools, depending on the chosen account type. The availability of popular trading platforms like MetaTrader 4 (MT4) ensures traders have access to comprehensive analysis tools and efficient trade execution. Additionally, Vlado supports multiple payment methods for deposits and withdrawals.

    However, there are some drawbacks to consider. One significant concern is the lack of regulation for Vlado, which may raise questions about the security and transparency of the brokerage. The absence of regulatory oversight means that traders do not have the same level of protection and recourse as they would with regulated brokers. This lack of regulation can be a potential risk factor for traders.

    Pros Cons
    Multiple account options for diverse needs Lack of regulation
    Access to popular trading platforms Potential security and transparency concerns
    Availability of institutional-grade spreads Limited trader protection due to the absence of regulatory oversight
    Variety of payment methods for deposits/withdrawals

    Is VLADO Legit?

    Based on the information provided, it appears that Vlado is regulated by the Australian Securities & Investment Commission (ASIC). Vlado operates as an Appointed Representative (AR) under the license of VLADO BROKERS PTY LIMITED, with license number 001295039. The effective date of the license is January 25, 2022. The licensed institution can be contacted through email at jason@hlkgroup.com.au and by phone at 1300 669 605. The address of the licensed institution is 480 244 Springvale Rd Springvale VIC 3171.

    However, it should be noted that the information provided does not mention the specific regulatory requirements or scope of regulation for Vlado. It is always advisable to conduct further research and due diligence before engaging with any financial institution or investment service.

    regulation

    Market Instruments

    Vlado offers its clients a range of market instruments to trade. Here are the market instruments available:

    1. Forex: Vlado provides access to the Forex market, which is the largest financial market in the world. Forex trading involves the buying and selling of currencies, with traders speculating on the fluctuations in exchange rates.

    2. Cryptocurrencies: Vlado allows trading in cryptocurrencies. Cryptocurrencies are digital, decentralized currencies that operate using blockchain technology. Examples of cryptocurrencies include Bitcoin, Ethereum, and Litecoin. Trading cryptocurrencies involves speculating on their price movements.

    3. Precious Metals: Vlado offers trading in precious metals. Precious metals, such as gold, silver, platinum, and palladium, are recognized as stores of value and are commonly used for investment purposes. Traders can speculate on the price movements of these metals.

    4. CFDs: Vlado provides the opportunity to trade Contracts for Difference (CFDs). CFDs allow traders to speculate on the price movements of various financial instruments, including stocks, indices, commodities, and currencies, without owning the underlying asset. CFD trading allows for potential profits from both rising and falling markets.

    market-instruments
    Pros Cons
    Access to the largest financial market in the world (Forex) Volatility and risk associated with currency trading
    Opportunity to trade popular cryptocurrencies Market volatility and regulatory uncertainties surrounding cryptocurrencies
    Ability to trade precious metals as a store of value Price fluctuations and market risks associated with precious metals
    Opportunity to profit from rising and falling markets through CFDs High leverage and potential for significant losses in CFD trading

    Account Types

    Vlado offers different types of trading accounts to cater to the needs of various traders. Here's a description of each account type:

    1. PRIME ACCOUNT: Vlado's Prime Account is designed for traders who are ready to enter the live trading environment. This account provides direct access to institutional-grade spreads and dark liquidity pools, offering increased liquidity. With the Prime Account, traders can benefit from greater market depth, faster execution, low spreads (starting from 1.0 pips on Majors), and no commissions. The account allows hedging, provides negative balance protection, and offers the assistance of a personal account manager. The stop-out level is set at 20%, and the margin call level is set at 100%. The minimum deposit requirement for the Prime Account is $100, and training is provided to account holders. Islamic/SWAP-free trading is also allowed in this account.

    2. ZERO ACCOUNT: The Vlado Zero Account is tailored for professional traders, money managers, and algorithmic traders. It offers unparalleled execution speed with minimal commissions charged per standard FX lot, per side. The Zero Account features spreads starting from 0 pips on Majors, leverage of up to 1:500, a minimum trade volume of 0.01, and a restriction of 50 lots per ticket (FX). Traders with a Zero Account also have access to a personal account manager, negative balance protection, and the ability to hedge positions. The stop-out level is set at 20%, and the margin call level is set at 100%. The minimum deposit requirement for the Zero Account is $2500. However, it should be noted that no training is provided with this account, and Islamic/SWAP-free trading is not available.

    DEMO ACCOUNT: Vlado also offers a Demo Account, which allows traders to practice and familiarize themselves with the platform and trading strategies without risking real money. The Demo Account provides a simulated trading environment, allowing traders to test their skills and strategies using virtual funds.

    account-types
    Pros Cons
    Access to institutional-grade spreads and dark liquidity pools No training provided for Zero Account
    Assistance of a personal account manager for both account types Islamic/SWAP-free trading not available for Zero Account
    Low spreads and no commissions for Prime Account Higher minimum deposit requirement for Zero Account
    Simulated trading environment provided through Demo Account Limited trade volume and lot restriction for Zero Account

    How to Open an Account?

    To open an account with Vlado, you can follow these general steps:

    1. Visit the Vlado website or platform: Go to the Vlado website or trading platform and navigate to the account opening section.

    open-account

    2. Choose an account type: Select the account type that best suits your trading needs. Vlado offers different types of accounts, such as the Prime Account and Zero Account. Each account type may have specific features, requirements, and benefits.

    3. Complete the application form: Fill out the application form with your personal information, including your first and last name, email address (which will also serve as your username), mobile number, nationality, preferred trading account type, leverage, and trading account currency (usually in USD). Create a password and confirm it.

    4. Submit the application: Once you have filled in all the required information, submit your application for review.

     open-account

    5. Verify your identity: Vlado may require you to verify your identity by providing supporting documents such as a valid ID card or passport, proof of address, and any other documents they may request.

    6. Fund your account: After your account is approved and verified, you can fund your trading account. Vlado offers a wide range of funding methods, including cryptocurrencies, wire transfers, and payment wallets like Skrill, Neteller, and Webmoney. Choose the funding method that suits you best and follow the instructions to deposit funds into your account.

    7. Start trading: Once your account is funded, you will have access to the most popular and liquid markets worldwide. You can start trading various financial instruments, such as Forex, cryptocurrencies, precious metals, and CFDs, depending on the offerings of Vlado.

    Leverage

    The maximum leverage ratio provided by Vlado is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

    Spreads & Commissions

    Vlados spreads and commissions vary depending on the type of trading account. Here's a brief overview:

    1. Prime Account: Traders holding a Prime Account at Vlado can benefit from spreads starting from 1.0 pips on major currency pairs. Notably, no commission is charged on trades executed through the Prime Account.

    2. Zero Account: For traders using the Zero Account, Vlado provides the lowest spreads starting from 0 pips on major currency pairs. However, specific information regarding commissions for this account type is not disclosed.

    Trading Platform

    When it comes to trading platforms available, Vlado gives traders the worlds most widely-used MetaTrader4 platform, available for desktop (Mac and Windows), the Web and mobile& tablets (iOS and Android). MT4 is known as one of the most successful, efficient, and competent forex trading software. While with the MT4 mobile app, trading can be done from anywhere and at any time through the right mobile terminals.

    Deposit & Withdrawal

    Vlado offers various funding and withdrawal options for its trading accounts. Here are the available methods:

    1. Cryptocurrencies: Vlado allows deposits and withdrawals using cryptocurrencies. This means you can use popular cryptocurrencies such as Bitcoin, Ethereum, and Tether to fund your trading account or withdraw funds from it.

    2. Wire Transfer: Vlado supports wire transfers as a funding and withdrawal method. With wire transfer, you can transfer funds directly from your bank account to your Vlado trading account, or vice versa.

    3. Payment Wallets: Vlado accepts payment wallets as a funding and withdrawal option. Some of the supported payment wallets include Neteller, Skrill, and Webmoney.

    4. Visa: Vlado allows deposits and withdrawals using Visa credit or debit cards. This option enables you to use your Visa card to fund your trading account or withdraw funds from it.

    deposit-withdrawal
    Pros Cons
    Accepts deposits and withdrawals using cryptocurrencies Limited range of supported cryptocurrencies
    Supports wire transfers for funding and withdrawals Potential transaction fees associated with wire transfers
    Accepts payment wallets (e.g., Neteller, Skrill, Webmoney) Some payment wallets may have restrictions or limitations
    Allows deposits and withdrawals using Visa cards Possible additional charges or fees for Visa transactions
    Limited information on processing times for deposits and withdrawals

    Trading Platform

    Vlado offers a variety of trading platforms to cater to the needs of its clients. Here are the trading platforms available:

    1. MetaTrader 4 (MT4) Desktop: Vlado provides the popular MetaTrader 4 platform for desktop computers. MT4 is widely used and offers a comprehensive range of features and tools for trading. It allows traders to trade Forex, indices, gold, equities, commodities, ETFs, and more. Traders can access real-time price data, use advanced charting tools, and execute trades with ultra-fast order execution. The platform offers super-low spreads and no trading restrictions.

    2. MetaTrader 4 Mobile Apps: Vlado offers official MetaTrader 4 mobile applications for both Apple and Android devices. These mobile apps provide fast and stable access to traders' Forex trading accounts. Traders can view real-time prices, place trades, manage open positions, and monitor their account balance from anywhere, at any time.

    3. MT4 WebTrader: Vlado offers the MetaTrader 4 WebTrader platform, which allows traders to access their trading accounts directly from a web browser without the need to download or install any software. The WebTrader has an intuitive design similar to the desktop version of MT4, providing traders with access to their accounts and the ability to manage trades from any device with internet access.

    customer-support
    Pros Cons
    Multiple trading platform options: MetaTrader 4 (MT4) Desktop, MT4 Mobile Apps, and MT4 WebTrader Dependency on a single platform provider (MetaTrader 4)
    Comprehensive range of features and tools for trading Limited platform diversity beyond MetaTrader 4
    Real-time price data and advanced charting tools
    Access to trading accounts from desktop, mobile, and web

    Customer Support

    Vlado offers customer support to assist clients with their inquiries and concerns. Here are the available contact options:

    1. Email: Clients can reach out to Vlado's customer support team via email. The email address provided is support@vladobrokers.com. This allows clients to communicate their questions or issues in writing and receive a response from the support team.

    2. Contact Number: Vlado provides a contact number for clients to get in touch with their customer support team. The provided contact number is +971 4 5582 174. Clients can call this number during the specified operating hours to speak directly with a representative and seek assistance with their trading-related inquiries.

    3. Social Media: Vlado maintains a presence on social media platforms, specifically Facebook and Instagram. Clients can follow or connect with Vlado through their Facebook profile and Instagram account. This provides an additional channel for clients to stay updated on Vlado's offerings and potentially reach out to the company for support or inquiries.

    It is important to note that the information provided states that customer support is available 24 hours a day, 5 days a week. However, it is advisable to verify the operating hours and availability of customer support by contacting Vlado directly or visiting their official website for the most accurate and up-to-date information.

    customer-support

    Conclusion

    In conclusion, Vlado offers a regulated trading environment with a range of market instruments and trading accounts to cater to the needs of different traders. The advantages of Vlado include various spreads, high leverage options, direct access to liquidity pools, and the availability of a Demo Account for practice. Additionally, they provide customer support through various channels. However, it should be noted that the specific regulatory requirements and scope of regulation for Vlado are not explicitly mentioned, necessitating additional research. Furthermore, disadvantages include the lack of disclosed commission information for certain account types and the absence of training for Zero Account holders. Traders should exercise caution and conduct due diligence before engaging with Vlado or any financial institution.

    Frequently Asked Questions (FAQs)

    Q 1: Is Vlado regulated?
    A 1: Yes. It is regulated by Australia Securities & Investment Commission (ASIC).
    Q 2: Does Vlado offer demo accounts?
    A 2: Yes.
    Q 3: Does Vlado offer the industry-standard MT4 & MT5?
    A 3: Yes. Vlado supports MT4.
    Q 4: What is the minimum deposit for Vlado
    A 4: The minimum initial deposit to open an account is $100.
    Q 5: Is Vlado a good broker for beginners?
    A 5: Yes. Vlado is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

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    yvett
    more than one year
    Vlado is a great choice for traders looking for competitive spreads and a reliable demo account. Their spreads are consistently low, making it easy to maximize profits. Plus, the demo account is perfect for practicing and honing trading skills before diving into the real market.
    Vlado is a great choice for traders looking for competitive spreads and a reliable demo account. Their spreads are consistently low, making it easy to maximize profits. Plus, the demo account is perfect for practicing and honing trading skills before diving into the real market.
    Translate to English
    2024-07-11 18:18
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    FX1525344715
    more than one year
    As a forex trader, when dealing with Vlado, it's a mixed experience. The standout positive has to be their regulation. They're regulated, instantly taking away any worries about security. And their trading platform performance? Stellar. Quick order execution is another feather in their cap - excellent turnaround times when the market's just right. But let's talk about the negatives. First, the spreads. They are a bit steep. Commission fees aren't too wallet-friendly either. It makes you think twice about the cost-effectiveness. The silver lining though is their withdrawal speed. It’s commendable - cash hits your account in the blink of an eye! Now let's talk trading signals. They're a bit hit and miss, lacking in consistency. And the customer service could be speedier for an instant resolution of queries.
    As a forex trader, when dealing with Vlado, it's a mixed experience. The standout positive has to be their regulation. They're regulated, instantly taking away any worries about security. And their trading platform performance? Stellar. Quick order execution is another feather in their cap - excellent turnaround times when the market's just right. But let's talk about the negatives. First, the spreads. They are a bit steep. Commission fees aren't too wallet-friendly either. It makes you think twice about the cost-effectiveness. The silver lining though is their withdrawal speed. It’s commendable - cash hits your account in the blink of an eye! Now let's talk trading signals. They're a bit hit and miss, lacking in consistency. And the customer service could be speedier for an instant resolution of queries.
    Translate to English
    2023-12-04 16:14
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