VFX

VFX | 2024-11-08 16:09

Abstract：VFX is a multi-asset broker based in China, offering various currency pairs with variable spreads and zero commissions on MetaTrader5, but its main drawback is the lack of regulation.

VFX Review Summary
Company Name	VFX
Registered Country	China
Founded Year	2022
Regulation	Unregulated
Products and Services	currency pairs and digital assets (cryptocurrencies)
Demo Account	/
Trading Platforms	MT5 (Mobile and Desktop)
Min Deposit	200
Customer Support	Email: support@myvisionfx.com;Social media: Twitter, Facebook, Instagram, YouTube and LinkedIn

VFX Information

VFX is a multi-asset broker based in China, offering various currency pairs with variable spreads and zero commissions on MetaTrader5, but its main drawback is the lack of regulation.

Pros and Cons

Pros	Cons
Offers three types of trading instruments	Minimum deposit of $200
Provides six account types	Unregulated
Supports MetaTrader 5 (MT5) platform
Offers deposit bonuses

Is VFX Legit ?

VFX, with the domain vfx.com, is registered under Network Solutions, LLC, and has been active since April 25, 1995. Its registration is set to expire on April 26, 2031. VFX operates without regulatory.

What Can I Trade on VFX?

VFX offers currency pairs and digital assets, including cryptocurrencies. But it does not support indices.

Instruments	Supported
Currency pairs	✔
Digital assets	✔
Cryptocurrencies	✔
Indices	❌

Account Type

VFX offers a total of six types of live trading accounts, including a Starter, Intermediate, Advanced, Expert, Master, and an Islamic account. It does not mention demo accounts.

Account Type	Minimum Deposit	Suitable For
Starter	$200	Beginner traders
Intermediate	$2,000	Traders with some experience
Advanced	$10,000	Intermediate traders
Expert	$25,000	Experienced traders
Master	$50,000	Professional traders
Islamic Account	$250	Muslim traders

Spreads & Commissions

VFX claims it charges zero commissions.

Trading Platform

VFX offers the MT5 trading platform, which is suitable for both mobile and desktop devices (including Windows and macOS).

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Mobile and Desktop（Windows & macOS）	Experienced Trader
MT4	❌	Mobile and Desktop（Windows & macOS）	Beginner

Deposit & Withdrawal

The minimum initial deposit requirement at VFX is said to be $200 and has no deposit fees.

Bonuses

VFX offers deposit bonuses on different account types, including 50% for the Starter, Intermediate, and Advanced plans, 75% for the Expert plan, and 80% for the Master plan.

Broker Currency Pair Commission Dealer Forex trading Forex Broker Forex Currency pair forex pips forex market

Related broker

No Regulation

VFX

Company name：VisionFX Global Investments LLC

Score

1.44

Website：https://myvisionfx.com

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

Score

1.44

Why Do Experienced Traders Care About Forex Spreads?

In Forex trading, even small fluctuations can make a significant difference, especially over the long term. One crucial factor that seasoned traders pay close attention to is the spread – the difference between the bid (selling) price and the ask (buying) price of a currency pair. While beginners may overlook its impact, experienced traders understand that spreads play a crucial role in trading costs, strategy selection, and overall profitability.

Original 2024-11-10 08:30

How Useful is Reviewing Last Year's Data for Trading Analysis?

Analyzing last year's trading data offers invaluable insights into market trends, helps refine trading strategies, and enhances decision-making for future trades.

Original 2024-11-09 08:30

Beginner 101: WikiFX’s Guide on How to Choose the Right Broker

For new traders entering the world of forex, choosing the right broker is one of the most crucial decisions they’ll make. A reliable broker can serve as a trusted partner, providing a platform that’s secure, transparent, and regulated. However, with thousands of options available, selecting the right broker can be overwhelming. That is why WikiFX is here to make things easy for you!

Original 2024-11-09 08:00

Trading is Not Gambling—Unless You Make It So

In the world of online trading, a common misconception persists: trading is often seen as no different from gambling. This belief is particularly prevalent among newcomers, who may view the financial markets as a fast-paced game where winning is just a matter of luck. But trading, when done correctly, is far from mere chance!

Original 2024-11-08 17:27