VanomFX-Overview of Minimum Deposit, Spreads & Leverage
Abstract：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.
Note: VanomFX's official website https://vanomfx.com/trade/ is currently inaccessible normally.
| VanomFXReview Summary | |
| Founded | / |
| Registered Country/Region | UK |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Stocks, and Indices |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | From 0.1 pips |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Service 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 markets | Inaccessible website |
| MT4 provided | Lack 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.
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 Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, desktop, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
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.
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