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Score

1.34 /10
Danger

VertexFxMkts

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://vertexfxmkts.com

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Regulatory Index0.00

Business Index5.65

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

VertexFxMkts

Company Abbreviation

VertexFxMkts

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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VertexFxMkts · Company summary

Note: VertexFxMkts's official website: https://vertexfxmkts.com/ is currently inaccessible normally.

VertexFxMktsReview Summary
Founded2022
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentsCurrency Pairs, Commodities, Cryptocurrencies
Account TypeBasic, Bronze, Silver, Gold, Platinum
LeverageUp to 1:5000
Spread0.5-3.3 pips
Min Deposit$500
Payment MethodsBitcoin, Litecoin, Ethereum, Payeer, Perfect Money
Customer SupportEmail: Support@VertexFxMkts.com
Physical Address: 60 Laight St #A, New York, NY 10014 United States

VertexFxMkts Information

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 and Cons

Pros Cons
Offers diverse market instrumentsUnregulated
High maximum leverageHigh min deposit
Low spreadsLimited customer support options
5 types of accounts offered

Is VertexFxMkts Legit?

It is clear that VertexFxMkts is currently unregulated. The Whois website shows that the registration date of this dealer is 2022-12-25.

Is VertexFxMkts Legit?
Is VertexFxMkts Legit?

What Can I Trade on VertexFxMkts?

VertexFxMkts offers traders the opportunity to trade currency pairs, commodities, cryptocurrencies.

Tradable Instruments Supported
Currency pairs✔
Commodities✔
Cryptocurrencies✔
Indices❌
Bonds❌
Derivatives❌
Futures❌
Options❌

Account Types

VertexFxMkts offers 5 different types of accounts to traders - Basic, Bronze, Silver, Gold, Platinum.

Account TypeMinimum DepositLeverageSpreads
Basic$1000Up to 1:100Starting from 3.3 pips
Bronze$10000Up to 1:200Starting from 2.5 pips
Silver$25000Up to 1:400Starting from 1.8 pips
Gold$50000Up to 1:1000Starting from 1.0 pips
Platinum$100000Up to 1:5000Starting from 0.5 pips

VertexFxMkts Fees

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.

Leverage

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.

Deposit and Withdrawal

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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Erik Bakker
more than one year
Spreads widen during volatile market conditions. Typical for most brokers.
Spreads widen during volatile market conditions. Typical for most brokers.
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2024-07-22 14:54
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Raphaël Durand
more than one year
2 months in with this broker's Bronze account, and guess what, the spreads ain't exactly what I expected. They can get crazy high sometimes...Gotta figure out what to do next. Maybe it's time to explore other options... 🙃
2 months in with this broker's Bronze account, and guess what, the spreads ain't exactly what I expected. They can get crazy high sometimes...Gotta figure out what to do next. Maybe it's time to explore other options... 🙃
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2024-06-28 18:13
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