Abstract:VTFX presents itself as a forex broker registered in Hong Kong, China, offering its clients a series of trading instruments. As VTFXs official website cannot be opened for now, we were unable to obtain more information about its minimum deposit, trading platform, spreads and commissions, and more. VTFX is operated by a company called VFTX International, and this company does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.
Since the VTFXs official website (https://www.vtfxco.com) no longer works, we had to resort to scraping together information from other sources to get a feel for the company's forex broker operations.
General Information
VTFX presents itself as a forex broker registered in Hong Kong, China, offering its clients a series of trading instruments. As VTFXs official website cannot be opened for now, we were unable to obtain more information about its minimum deposit, trading platform, spreads and commissions, and more.
VTFX is operated by a company called VFTX International, and this company does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.
Trading Platform
Please note what VTFX offers is not the industry-leading MT4 or MT5 trading platform, which is a big pity, as the MT4 and MT5 trading platform are among the most popular trading platforms around the world. The absence of MT4 or MT5 trading platform offered can be served as further evidence that this broker is not a trustworthy one to trade with.
Customer Support
Worryingly, VTFX left its clients nowhere to turn to once something goes wrong with their trading process, which is quite dangerous. And this is also the typical tactic used by most scammers, as all this forex broke wants to do is to defraud investors at the very first.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
For traders, understanding what happens when a broker collapses is crucial. It serves as a reminder that choosing the right broker involves more than just attractive spreads and swift execution; it’s about safeguarding funds in case things go wrong.
WesternFX, an international forex trading firm established in 2013, operates out of Saint Vincent and the Grenadines. With a diverse range of trading products such as Forex, CFDs, Shares, Indices, Metals, Energies, and more, WesternFX presents itself as an attractive choice for traders. However, as with any trading platform, reliability and safety are critical factors for potential users. In this review, we’ll explore whether WesternFX is a reliable broker.
Webull Thailand debuts US stock options, offering Thai investors new avenues for portfolio diversification and risk management with zero commissions for the first month.
Since Donald Trump’s election victory, hedge funds that maintained short positions on Tesla Inc. have incurred staggering losses, exceeding $5 billion on paper. This setback comes as Elon Musk, the Tesla CEO and the world’s richest person, publicly endorses Trump, aligning himself as one of the president-elect's most prominent billionaire supporters.