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Visforex Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-04 18:45

Abstract:Based in Antigua and Barbuda, Visforex is an unregulated forex broker that was established in 2023. Visforex provides various financial products to trade via the visforex platform, including Forex, Cryptocurrencies, Metals, Shares, Commodities, and Indices. Demo accounts are available and the minimum deposit requirement to open a live account is as high as USD 2,500.

Visforex Review Summary
Founded2023
Registered Country/RegionAntigua and Barbuda
RegulationUnregulated
Market InstrumentsForex, Cryptocurrencies, Metals, Shares, Commodities, Indices
Demo Account✅($10,000 in virtual fund)
Leverage/
Spread/
Trading PlatformVisforex platform
Min Deposit$2,500
Customer SupportContact form
Address: Antiques And Beards. The Colony House, No. 41, Nevis Street, PO Box W916

  Based in Antigua and Barbuda, Visforex is an unregulated forex broker that was established in 2023. Visforex provides various financial products to trade via the visforex platform, including Forex, Cryptocurrencies, Metals, Shares, Commodities, and Indices. Demo accounts are available and the minimum deposit requirement to open a live account is as high as USD 2,500.

Visforex's homepage

Pros and Cons

ProsCons
Various trading optionsNot regulated
Demo accounts supportedLimited info on trading conditions
Commission-freeNo MT4/5 supoorted
Popular payment optionsHigh minimum deposit
No deposit/withdrawal feesLimited contact channels

Is Visforex Legit?

  No, Visforex is not regulated by any reputable financial body. Please be aware of the risk!

No license

What Can I Trade on Visforex?

Tradable Instruments Supported
Forex✔
Cryptocurrencies✔
Metals✔
Shares✔
Commodities✔
Indices✔
Bonds❌
Options❌

Account Type

  Visforex provides a demo account and three different levels of live trading accounts through Wealth Challenge, each with a different target profit, maximum pullback, daily loss limit and the number of step-by-step trading contracts.

  The higher the account level, the greater the target profit and risk.

  The minimum deposit for three different accounts is $2500, $4500 and $9500, respectively.

  The demo account has $10,000 to trade without real money.

Account comparison

Visforex Fees

  Trading Fees

  Visforex dosen't charge any commissions when trading.

  Non-Trading Fees

  Visforex doesn't charge a deposit or withdrawal fees. But the visforex platform will extract 30% from the trader's profit as a revenue share.

Non-trading Fees Extract 30% from the trader's profit
Deposit Fee ❌
Withdrawal Fee ❌
Inactivity Fee /

Visforex Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Visforex platform✔Web/
MT5❌/Experienced traders
MT4❌/Beginners

Deposit and Withdrawal

  Visforex accepts credit or debit card, bank transfer and cryptocurrencies as payment methods.

  For all payment options, the minimum deposit is $2,500 and the minimum withdrawal is $1,500.

Related broker

No Regulation
Visforex
Company name:The Real trade LTD
Score
1.33
Website:https://visforex.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.33

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