摘要:GENESIS VISION is allegedly a financial services company registered in China that claims to provide its clients with various tradable financial instruments with floating spreads on the GV Trading terminal, MT4, Exante Trading Terminal, Binance and Huobi trading platforms.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Regulation | No Regulation |
Market Instrument | forex | cryptocurrencies | CFDs | stocks | metals | indices | commodities |
Account Type | N/A |
Demo Account | N/A |
Maximum Leverage | N/A |
Spread (BTC/USDT) | $2-3 |
Commission | 1st-level referrals: 15% | 2nd-level referrals: 1.5% |
Trading Platform | GV Trading terminal | MT4 | Exante Trading Terminal | Binance | Huobi |
Minimum Deposit | N/A |
Deposit & Withdrawal Method | cryptocurrencies of BTC | BNB | ETH | USDT | USDC | GVT | DAI |
GENESIS VISION is allegedly a financial services company registered in China that claims to provide its clients with various tradable financial instruments with floating spreads on the GV Trading terminal, MT4, Exante Trading Terminal, Binance and Huobi trading platforms. Here is the home page of this brokers official site:
As for regulation, it has been verified that GENESIS VISION currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.35/10. Please be aware of the risk.
Market Instruments
GENESIS VISION advertises that it offers a wide range of trading instruments in financial markets, including forex, cryptocurrencies (including all Binance and Huobi assets), CFDs, stocks, metals, indices and commodities.
Spreads & Commissions
Through the demo account, we found the spread for BTC/USDT was floating around $2-3. As for commissions, the broker provides its clients with a 2-level partner program. In particular, if you successfully invite someone to sign up, you will be eligible to receive up to 15% commission from his/her paid fee for the 1st-level referrals and up to 1.5% for the 2nd-level referrals.
Trading Platform Available
When it comes to trading platforms available,GENESIS VISION gives traders five choices: GV Trading terminal, industry-standard MetaTrader4, Exante Trading Terminal, Binance and Huobi. MT4 is known as one of the most successful, efficient, and competent forex trading software.
Deposit & Withdrawal
GENESIS VISION accepts deposits and withdrawals via a wide selection of cryptocurrencies including BTC, BNB, ETH, USDT, USDC, GVT and DAI directly into your account using your credit/debit card through its payment processor MoonPay. It holds the transaction in EUR and then converts it to the cryptocurrency you choose to deposit. The broker charges some withdrawal fees. For example, withdrawal with BTC will be charged a withdrawal fee of 0.0002, while 0.0005 in BNB and 0.0016 in ETH. More specified information can be seen in the following screenshot.
Fees
Apart from withdrawal fees, GENESIS VISION also takes some other fees like investing fees and trading fees. Platform fee of investing fees includes a 0.5% GV commission and a 0-10% success fee, while manager fee of investing fees contains a 0-20% management fee, a 0-50% success fee, a 0-10% entry fee and a 0-10% exit fee. More details can be found in the following screenshot.
Customer Support
GENESIS VISION‘s customer support can be reached through email: support@genesis.vision or live chat. Besides, you can also follow this broker on some social media platforms like Telegram, Twitter, Facebook, YouTube, LinkedIn and more. Company address: Kapalıçarşı Mercan Kapısı Taya Hatun, 34120 Fatih/İstanbul. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.
Pros & Cons
Pros | Cons |
• Wide range of trading asset classes | • No regulation |
• Multiple choices of trading platforms including MT4 | • Only cryptocurrency payments offered |
Frequently Asked Questions (FAQs)
Q 1: | Is GENESIS VISION regulated? |
A 1: | It has been verified that GENESIS VISION currently has no valid regulation. |
Q 2: | Does GENESIS VISION offer the industry-standard MT4 & MT5? |
A 2: | Yes. GENESIS VISION offers the MT4, as well as GV Trading terminal, Exante Trading Terminal, Binance and Huobi trading platforms. |
Q 3: | Does GENESIS VISIONhave mobile apps? |
A 3: | Yes, GENESIS VISION provides an iOS application and an Android application. |
Q 4: | Does GENESIS VISION charge a fee? |
A 4: | Like every forex broker, GENESIS VISION charges a spread fee. It also charges some other fees, such as investing fees, trading fees and withdrawal fees. |
Q 5: | Is GENESIS VISION a good broker for beginners? |
A 5: | GENESIS VISION is not a good choice for beginners. Although it offers the leading MT4 trading platform as well as various trading assets, it lacks legitimate regulation. |