Score

1.43 /10
Danger

VanomFX

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 5

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.38

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
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

open now

Broker Information

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Company Name

VanomFX

Company Abbreviation

VanomFX

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-01
  • 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 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
VanomFX · Company summary

Note: VanomFX's official website https://vanomfx.com/trade/ is currently inaccessible normally.

VanomFXReview Summary
Founded/
Registered Country/RegionUK
RegulationNo regulation
Market InstrumentsForex, Commodities, Stocks, and Indices
Demo Account/
LeverageUp to 1:1000
SpreadFrom 0.1 pips
Trading PlatformMT4
Min Deposit/
Customer SupportService time: 8:00 - 21:00
Tel: 442079460804
Email: support@vanomfx.com
Address: 71-75 SHELTON STREET LONDON GREATER LONDON UNITED KINGDOM WC2H 9JQ

VanomFX is a financial company registered in the UK, offering trading on Forex, Commodities, Stocks, and Indices. It uses MT4 as its trading platform, and the leverage can be up to 1:1000. What's more, it is not regulated, and potential risks are relatively high.

Pros and Cons

Pros Cons
Various trading marketsInaccessible website
MT4 providedLack of regulation
Lack of transparency

Is VanomFX Legit?

VanomFX is not regulated by the financial services regulatory authority in the UK, which means that the company lacks regulation from its registration site. Moreover, the current status shows that client transferring is prohibited.

Is VanomFX Legit?

What Can I Trade on VanomFX?

VanomFX offers a wide range of popular trading assets including Forex (EUR/USD, EUR/JPY, USD/CAD, USD/JPY), Commodities, Stocks, and Indices.

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptos
Bonds
Options
ETFs

Leverage

The leverage can be up to 1:1000, which is relatively high compared with the leverage offered by most companies. Generally speaking, when the leverage is high, potential risks may also be high. Therefore, careful considerations are needed.

Trading Platform

VanomFX uses MT4 as its trading platform.

Trading PlatformSupported Available Devices Suitable for
MT4Web, desktop, mobileBeginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

On VanomFX, payment options include credit/debit cards, Skrill, Neteller, Bitcoin, and PayPal. However, other details such as the minimum deposit or withdrawal, the processing time, and fees, are not clear.

User Reviews

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User comment

1

Comments

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FX1142150269
more than one year
This company's website is down and I have seen many traders being scammed. Terrible liar! Can wikifx help them recover their funds?
This company's website is down and I have seen many traders being scammed. Terrible liar! Can wikifx help them recover their funds?
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2022-12-12 11:02
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