VevoFX-Overview of Minimum Deposit, Leverage, Spreads

General Information

Registered in Vanuatu, VevoFX is forex broker offering a series of trading instruments to both retail and professional traders, including Forex, CFD on gold, oil, equity indices, and stocks through the MT4 trading platform.

VRN Capitals does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.

Market Instruments

With the VevoFX platform, Forex, CFD on gold, oil, equity indices, and stocks can be traded.

Account Types

VevoFX offers its clients a live account and a demo account. The minimum deposit to open a live account is not mentioned, and demo accounts allow its clients to gain a feel of the platform and practice their trading skills without risking their real capitals.

How to open an account with VevoFX？

Opening an account with VevoFX is an easy and simple process:

1. Click the “OPEN AN ACCOUNT” link, and fill up some required details on the popping-up page.

2. Upload your personal data for this company to verify your details.

3. Fund your account and start to trade with this forex broker.

Leverage

Leverage information cannot be found anywhere. As a beginner, it's wise to keep your leverage at no more than 10:1. The safest option is a 1:1 ratio. One of the most typical mistakes made by novice forex traders is using a leverage ratio that is too high.

Our advice is that you trade with a smaller ratio until you get more experience.

Spreads & Commissions

Spread and commissions information is not mentioned on the VevoFX website.

Trading Platform

VevoFX offers its clients access to the industry-leading MT5 trading platform, which can be accessed on any device, Windows, Desktop, Mobile devices, featuring the robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.

Customer Support

For any questions or concerns they may have about their accounts or their trading can reach out to VevoFX through the following methods:

Email: support@vevofx.com

Registered Company Address: 11/F, Lee Ka Industrial Building, 8 Ng Fong Street, San Po Kong, Kowloon, Hong Kong.

Or you can also keep up with this forex broker on some social media platforms, such as Facebook, Twitter, Linkedin.

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.