VTradeFX

Based in UK, VTradeFX is an unregulated forex broker that was established in 2024. VTradeFX provides various financial products to trade via the MT4 and MT5 platform, including forex, indices, commodities and stocks. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $200.

Pros and Cons

Is VTradeFX Legit?

No, VTradeFX is not regulated by any reputable financial body. Please be aware of the risk!

What Can I Trade on VTradeFX?

Account Type

VTradeFX offers six accounts to choose from, including Standard, Islamic, Silver, GOLD, Platinum and VTFX VIP accounts. Accepted currencies are EUR, USD, and INR.

Besides, it also sets up demo accounts for traders to practice trading with virtual credit.

Leverage

VTradeFX provides leverage up to 1:200 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

VTradeFX offers a range of spreads across its account types, from 0.03 to 2 pips.

Trading Platform

Deposit and Withdrawal

VTradeFX accepts Credit card, Bank transfer and Bitcoin as payment methods. VTradeFX charges withdrawal fees based on the chosen method.