Score

1.16 /10
Danger

VVEX Corp

Bahamas

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 3

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Website

Score

Regulatory Index0.00

Business Index4.32

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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Broker Information

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Company Name

VVEX Corp

Company Abbreviation

VVEX Corp

Platform registered country and region

Bahamas

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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VVEX Corp · Company summary

Note: VVEX Corp's official website: https://vvexts.com/#/home/modal is currently inaccessible normally.

VVEX CorpReview Summary
Founded2018
Registered Country/RegionBahamas
RegulationUnregulated
Market InstrumentsCFDs, forex and cryptocurrencies
Demo Account
LeverageUp to 1:400
Spread0.5 pips
Trading PlatformForex and TradingView
Min Deposit$60
Customer SupportPhone: +44 7386 753032
Email: support@vvexts.com
Live Chat

VVEX Corp Information

VVEX Corp, founded in 2018 and registered in the Bahamas, offers a wide range of over 1000 trading products and supports both demo accounts and two payment methods.

However, the broker is unregulated, requires a minimum deposit of $60, imposes a 5% deposit fee, and offers high leverage of up to 1:400.

Is VVEX Corp Legit?

VVEX Corp is unregulated, which is unsafe.

Is VVEX Corp Legit?

Pros and Cons

ProsCons
Offers over 1000 trading productsUnregulated
Provides demo accountsMinimum deposit of $60
Supports two payment methods5% deposit fee on total amount
Offers three customer support optionsHigh leverage of up to 1:400

What Can I Trade on VVEX Corp?

VVEX Corp offers over 1,000 trading assets, including CFDs,forex and cryptocurrencies.

Tradable InstrumentsSupported
CFDs
Forex
Cryptocurrencies

Account Types

VVEX Corp offers three account types: Agent Account, Individual Account, and Demo Account.

Account TypeKey Features
Agent AccountLeverage up to 1:400, higher liquidation level (up to 30%), dedicated account manager.
Individual AccountNegative balance protection, Super-fast execution (<0.0004 seconds), supports multiple currencies, financial insurance up to $1,000,000.
Demo Account/

Leverage

VVEX Corp offers a maximum leverage of up to 1:400 on its trading platform.

Spreads

VVEX Corp offers competitive spreads starting from 0.5 pips.

Trading Platform

VVEX Corp offers a trading platform combining Forex and TradingView, allowing traders to access it via the web version, desktop version, and mobile app.

Trading PlatformSupportedAvailable DevicesSuitable for
ForexWeb, Mobile and Desktop(Windows & macOS)Both Beginner and Experienced Trader
TradingViewWeb, Mobile and Desktop(Windows & macOS)Experienced Trader

Deposit & Withdrawal

VVEX Corp supports two main deposit methods: wire transfer and credit card payments. The minimum deposit required is $60. A 5% deposit fee is charged on the total amount, regardless of the deposit method used.

News

ExposureVVEX Trade Broker: Unregulated and Risky Choice for Traders

VVEX Trade is an unregulated broker with a low WikiFX rating of 1.03. Be cautious of their services in Forex and Cryptocurrency trading.

WikiFX
2024-06-18 18:08
VVEX Trade Broker: Unregulated and Risky Choice for Traders

User Reviews

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User comment

5

Comments

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Fero3937
0-3months
I have deposited more than USD 20k and my friends also deposited nearly USD 20k. None of us can withdraw money since November 01, 2024. The signal providers told us to wait but even though the status changed to "pass" we were unable to withdraw funds from 6 accounts. None of them worked properly. The onlince support has stopped working since October 30, 2024. It seems not only me having a trouble since then. Since 2 days the trading website, company's official website and the website where you can see your subordinates and comissions have stopped working. Yesterday the person who was providing the signals just said "sorry" and stopped responding again. It is a scam! Be aware!
I have deposited more than USD 20k and my friends also deposited nearly USD 20k. None of us can withdraw money since November 01, 2024. The signal providers told us to wait but even though the status changed to "pass" we were unable to withdraw funds from 6 accounts. None of them worked properly. The onlince support has stopped working since October 30, 2024. It seems not only me having a trouble since then. Since 2 days the trading website, company's official website and the website where you can see your subordinates and comissions have stopped working. Yesterday the person who was providing the signals just said "sorry" and stopped responding again. It is a scam! Be aware!
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2024-11-15 12:14
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FX3798868037
0-3months
We cant get money from this site and app and now web site and qpp all gone offline
We cant get money from this site and app and now web site and qpp all gone offline
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2024-11-14 00:57
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