Score

1.57 /10
Danger

VOFX

New Zealand

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.48

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

VOFX Brokers

Company Abbreviation

VOFX

Platform registered country and region

New Zealand

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
VOFX · Company summary

Note: VOFX's official website: https://ssl.vofx.com/ is normally inaccessible.

VOFX Information

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

Is VOFX Legit?

Is VOFX Legit?
Financial Service Providers Register(FSPR)
Current StatusSuspicious Clone
Regulated by New Zealand
License TypeFinancial Service Corporate
License No.551866
Licensed InstitutionPROSPERITY INTERNATIONAL FINANCE LIMITED
Is VOFX Legit?

VOFX is authorized and regulated by the Financial Service Providers Register(FSPR), the current status is Suspicious Clone, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Downsides of VOFX

  • Unavailable Website

The website of VOFX is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

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

  • Regulatory Concerns

The FSPR regulates VOFX. However, the Suspicious Clone status is less safe than a regulated one.

  • Scam

According to a report on WikiFX, a user encountered significant difficulties with induced fraud. The issue remained unresolved despite the request being pending for a long time.

Negative VOFX 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 VOFX Reviews on WikiFX

Currently, there is only one piece of VOFX exposure in total.

Exposure. Scam

ClassificationScam
Date2020-01-19
Post CountryHong Kong, China

You may visit: https://www.wikifx.com/en/comments/detail/202001193112280411.html.

Conclusion

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

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