VanomFX-Overview of Minimum Deposit, Spreads & Leverage

Note: VanomFX's official website https://vanomfx.com/trade/ is currently inaccessible normally.

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

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.

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.

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.