VanomFX-Overview of Minimum Deposit, Spreads & Leverage

VanomFX | 2024-11-14 11:33

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.

Broker Dealer Forex trading Forex Broker Leverage

Related broker

Website：https://vanomfx.com/trade/home

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.44

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