VOBLAST-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

VOBLAST is a CFD forex brokerage presumably from St. Vincent and the Grenadines. It provides a web-based trading platform and a generous leverage. However, its founding time, actual office address, and the company behind it not disclosed to all. VOBLAST is not subject to any regulation, so investing with this broker is full of risks.

Markets Instruments

VOBLAST offers its clients forex pairs, as well as indices, stocks and crypto currencies. Objectively speaking, the variety of trading assets available on the VOBLAST is rather average.

Minimum Deposit

The minimum initial deposit for starting a standard accounts is as low as $10. Although this amount is affordable for most brokers, trader are still not advised to register real trading accounts here given the fact that VOBLAST is not regulated anyway.

Leverage

With a leverage of up to 1:1000, as offered by VOBLAST you can score good profit with a limited investment. Still, be aware that higher leverage comes with a price – the higher the leverage, the higher the risk of loosing your funds with the slightest fluctuation of the market.

Spreads & Commissions

Spreads in the Standard account, Syariah account, and VIP account start from 1.2 pips, with no commissions charged. While the Cent account charge a commission of $10 per lot, with its spreads starting from 0.2 pips only.

Trading Platform Available

VOBLAST offers a web based trading platform, which lacks some basic features, standard with classic trading platforms such as the MetaTrader4.

Deposit& Withdrawal

The minimum deposit is $10. However, clients of VOBLAST have a very poor choice of payment methods. They may deposit or withdraw only via VISA and MasterCard, bank/wire transfer and Webmoney. Popular options such as Skrill or Neteller are missing.