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No Regulation
Score
1.44 /10
Danger
VFX
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Score
Regulatory Index0.00
Business Index6.45
Risk Management Index0.00
Software Index4.00
License Index0.00
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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
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Warning: Low score, please stay away!
Previous Detection :
2024-11-16
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| VFX Review Summary | |
| Company Name | VFX |
| Registered Country | China |
| Founded Year | 2022 |
| Regulation | Unregulated |
| Products and Services | currency pairs and digital assets (cryptocurrencies) |
| Demo Account | / |
| Trading Platforms | MT5 (Mobile and Desktop) |
| Min Deposit | 200 |
| Customer Support | Email: support@myvisionfx.com;Social media: Twitter, Facebook, Instagram, YouTube and LinkedIn |
VFX Information
VFX is a multi-asset broker based in China, offering various currency pairs with variable spreads and zero commissions on MetaTrader5, but its main drawback is the lack of regulation.
Pros and Cons
| Pros | Cons |
| Offers three types of trading instruments | Minimum deposit of $200 |
| Provides six account types | Unregulated |
| Supports MetaTrader 5 (MT5) platform | |
| Offers deposit bonuses |
Is VFX Legit ?
VFX, with the domain vfx.com, is registered under Network Solutions, LLC, and has been active since April 25, 1995. Its registration is set to expire on April 26, 2031. VFX operates without regulatory.
What Can I Trade on VFX?
VFX offers currency pairs and digital assets, including cryptocurrencies. But it does not support indices.
| Instruments | Supported |
| Currency pairs | ✔ |
| Digital assets | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ❌ |
Account Type
VFX offers a total of six types of live trading accounts, including a Starter, Intermediate, Advanced, Expert, Master, and an Islamic account. It does not mention demo accounts.
| Account Type | Minimum Deposit | Suitable For |
| Starter | $200 | Beginner traders |
| Intermediate | $2,000 | Traders with some experience |
| Advanced | $10,000 | Intermediate traders |
| Expert | $25,000 | Experienced traders |
| Master | $50,000 | Professional traders |
| Islamic Account | $250 | Muslim traders |
Spreads & Commissions
VFX claims it charges zero commissions.
Trading Platform
VFX offers the MT5 trading platform, which is suitable for both mobile and desktop devices (including Windows and macOS).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Mobile and Desktop（Windows & macOS） | Experienced Trader |
| MT4 | ❌ | Mobile and Desktop（Windows & macOS） | Beginner |
Deposit & Withdrawal
The minimum initial deposit requirement at VFX is said to be $200 and has no deposit fees.
Bonuses
VFX offers deposit bonuses on different account types, including 50% for the Starter, Intermediate, and Advanced plans, 75% for the Expert plan, and 80% for the Master plan.
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