VistaForex-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

VistaForex is an online broker, registered in Saint Vincent and Grenadines. VistaForex is not subject to any regulation. Traders should straight away that SVG-registered brokers arent licensed even formally, which leaves them free to conduct business as they see fit. So, no wonder most of them are running investment scams.

Market Instruments

Tradable financial instruments available on the VistaForex platform include forex currency pairs, commodities, indices, stocks.

Minimum Deposit

You may open a live trading account with $100, which isnt a high entry threshold. And yet, since VistaForex is unregulated, offshore broker with virtually zero credibility, traders should stay away from it.

Leverage

The leverage with VistaForex is very high, reaching 1:1000. If you are keen on trading with leverage levels that high, youd better do that with legit brokers, because trading on margin involves significant risk of loss.

Spreads & Commissions

The EUR/USD cost of trade is said to be starting from 1 pips, and the platform gave us a EUR/USD spread of 1.5 pips, which on the upper end of average.

Trading Platform Available

VistaForex offers its clients the renowned MetaTrader5 (MT5).This is indeed one of the best forex trading platforms, and lots of brokers support it.And given that VistaForexs credibility is bordering zero, traders should stay away from this broker.

Deposit & Withdrawal

VistaForex says to accept credit cards, bank wire, various e-wallets like Skrill, Neteller, PayPal, Perfect Money, as well as Bitcoin, Ethereum and Bitcoin cash.

Customer Service