Vision Forex-Overview of Minimum Deposit, Leverage, Spreads

General Information & Regulation

Vision Forex is allegedly an unregulated forex and CFD broker registered in the United Kingdom that claims to provide its clients with over 1100 financial instruments with flexible leverage up to 1:1000 and tight floating spreads from 0 pips on the Vision Forex and MetaTrader5 trading platforms, as well as a choice of three different live account types and 24/5 client service.

Market Instruments

Vision Forex advertises that it offers more than 1100 CFD instruments across 6 asset classes, including forex, indices, cryptocurrencies, shares, gold & silver and oil.

Account Types

Apart from demo accounts, there are three live trading account types offered by Vision Forex, namely Micro, Standard and Spread. Opening a Micro account requires the minimum initial deposit amount of only $5, while the other two account types have much higher minimum initial capital requirements of $1,000 and $5,000 respectively.

Leverage

Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Micro account can enjoy the maximum leverage of 1:1000, while the leverage for the Standard and Spread account is 1:500 and 1:300 separately. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads

Vision Forex claims that different account types can enjoy quite different spreads. Specifically, the clients on the Micro account can experience tight floating spreads from 1.9 pips, while the spread starts from 1.4 pips for the Standard account holders and only the Spread account members can enjoy raw spreads from 0 pips.

Trading Platform Available

Platforms available for trading at Vision Forex are Vision Forex and MetaTrader5. Vision Forex is advertised as a proprietary platform with over 80 technical indicators and semi-automatic trading functionality. Supported versions: mobile, desktop, web. MetaTrader5 is a popular trading platform with a diverse set of tools for technical analysis. Supported versions: Windows, Mac OS, Android and iOS.

In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

From the logos shown at the foot of the home page on Vision Forexs official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Skrill, PayPal, Neteller, Bitpay, UPayCard and Fasapay. The minimum initial deposit requirement is only $5.

Customer Support

Vision Forexs customer support can be reached by WhatsApp: +971-50-357-1984, email: support@visionforex.co, live chat or send messages online to get in touch. You can also follow this broker on social media platforms such as Twitter, Facebook, Instagram, YouTube, Telegram and LinkedIn. United Kingdom: 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ; Qatar: 10th floor, Al Rufaa Tower, Old Al Hitmi Doha State of Qatar.