Search

Barons VC foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://clientzone.baronsvc.com/register-live-account/, about the company's legal and temporary regulatory information, the company's address Harju maakond, Tallinn, Keslinna linnaosa, Parda tn 4, 10151, Estonia.

Barons VC Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Barons VC
Abbreviation
Barons VC
Company employee
--
Customer Service Email Address
support@baronsvc.com
Contact Number
+442030534508
Company Website
Company address
Harju maakond, Tallinn, Keslinna linnaosa, Parda tn 4, 10151, Estonia
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

  

Barons VC Forex Broker - Complete Information Guide

  

1. Broker Overview

  Barons VC, founded in 2022, is an online trading broker that operates globally. The company is headquartered in Tallinn, Estonia, with additional offices in London, United Kingdom, and the Marshall Islands. Barons VC is a private entity, and it specializes in providing investment capital and strategic support to high-growth potential companies.

  Despite its claims of offering substantial investment opportunities, Barons VC has been flagged for operating without regulatory oversight. The firm primarily targets retail investors and traders, offering services in forex and contracts for difference (CFDs). The company has been involved in numerous complaints regarding its business practices, raising concerns about its legitimacy and operational integrity.

  Barons VC is affiliated with entities such as Kolusha OU, FMR International OU, and Atlantis Technology Group Ltd. Its business model focuses on retail forex trading, providing a platform for individual traders to engage in various financial markets. However, the lack of regulatory compliance has led to significant scrutiny, with warnings issued by financial authorities regarding its operations.

  

2. Regulatory and Compliance Information

  Barons VC is not regulated by any major financial authority. The absence of regulatory oversight is a significant red flag, suggesting potential involvement in unauthorized financial activities. Various regulatory bodies, including the Central Bank of Ireland and BaFin (Germany's Federal Financial Supervisory Authority), have issued warnings against Barons VC, indicating that it operates without the necessary licenses.

  • Regulatory Authorities:
  • Central Bank of Ireland
  • BaFin (Germany)

  Barons VC does not provide any regulatory numbers, nor does it mention any valid licenses or regulatory compliance measures on its website. The lack of transparency surrounding its operations raises concerns about client funds' safety.

  The broker does not appear to participate in any investor compensation schemes, further endangering clients' investments. Additionally, Barons VC's policies regarding Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance are either absent or not clearly defined, which is critical for ensuring a secure trading environment.

  

3. Trading Products and Services

  Barons VC offers a range of trading products, primarily focusing on forex trading. The broker provides access to a variety of currency pairs, including major, minor, and exotic pairs. However, the exact number of forex pairs available is not specified in the available information.

  In addition to forex, Barons VC also offers CFDs across several asset classes, including:

  • Indices
  • Commodities
  • Stocks
  • Cryptocurrencies

  The broker frequently updates its product offerings, although specific details about the frequency of updates or newly added instruments are not readily available.

  Barons VC caters primarily to retail clients, providing a trading platform that allows individuals to engage in the financial markets. However, details regarding institutional services, white-label solutions, or asset management services are not mentioned in the sources, indicating a focus on retail trading.

  

4. Trading Platform and Technology

  Barons VC supports the MetaTrader 4 (MT4) platform, which is widely recognized for its user-friendly interface and robust trading features. The availability of MT4 allows traders to utilize advanced charting tools, automated trading capabilities, and a variety of technical indicators.

  The broker does not appear to offer a proprietary trading platform, which could limit its appeal to more advanced traders looking for custom solutions. Additionally, there is no mention of a web-based trading platform or mobile applications for iOS and Android users, which are increasingly important for traders who prefer to manage their accounts on the go.

  Barons VC operates under an ECN execution model, which typically allows for more competitive spreads and faster order execution. However, specific details regarding server locations and the technological infrastructure supporting its trading operations are not disclosed.

  The broker does not provide information on API access or support for automated trading, which may deter algorithmic traders seeking to connect their trading systems directly to the broker's infrastructure.

  

5. Account Types and Trading Conditions

  Barons VC offers several account types, including:

  • Basic Account: Standard spreads, personal account manager, daily market news, and free training materials.
  • Silver Account: Enhanced features similar to the Basic Account.
  • Gold Account: Optimized spreads and additional benefits.
  • Platinum Account: Further enhancements over the Gold Account.
  • Diamond Account: Premium features and services.

  The minimum deposit requirements for each account type are not explicitly stated, which may lead to confusion among potential clients. The broker's leverage ratios vary depending on the asset class, but specific ranges are not provided in the available information.

  Barons VC does not clearly outline its commission structure, overnight fees, or any other trading costs, which is essential information for traders to understand their potential expenses.

  

6. Fund Management

  Barons VC supports several deposit methods, including bank transfers, credit cards, and electronic wallets. However, the specific details regarding the minimum deposit requirements for different account types are not provided.

  The processing time for deposits is not explicitly mentioned, which could lead to uncertainty for clients looking to fund their accounts quickly. There are no clear indications of deposit fees, which is a crucial aspect for traders to consider.

  Withdrawal methods and limitations are also not well-defined. Clients have reported difficulties in processing withdrawals, with claims that the broker often delays the withdrawal process with various excuses. The processing times for withdrawals and any associated fees are not disclosed, raising concerns about the broker's transparency and reliability.

  

7. Customer Support and Educational Resources

  Barons VC offers various support channels, including phone, email, and potentially online chat. However, specific details regarding the availability of customer support, including service hours and time zone coverage, are not provided.

  The broker does not specify the languages supported by its customer service, which could be a limitation for non-English speaking clients. Educational resources such as webinars, tutorials, and eBooks are not mentioned, indicating a lack of focus on trader education.

  Market analysis services, including daily analysis, news updates, and research reports, are also not detailed, which could impact traders' ability to make informed decisions. The availability of trading tools, such as calculators and signal services, is not mentioned, further indicating a potential gap in the broker's offerings.

  

8. Regional Coverage and Restrictions

  Barons VC claims to operate in multiple markets globally, but specific details regarding its primary service markets are not provided. The broker does not disclose the distribution of regional offices, which could affect its operational transparency.

  The broker does not accept clients from certain countries, but the exact list of restricted countries is not specified. This lack of information could pose challenges for potential clients trying to determine their eligibility to open an account.

  Barons VC's operations in regions with weak regulatory frameworks raise concerns about the safety and security of clients' funds, making it crucial for potential investors to conduct thorough due diligence before engaging with this broker.

Barons VC Similar Brokers

ACX
ACX Forex Broker - Complete Information Guide   1. Broker Overview   ACX Ltd., e
1.51
Score
GMG
GMG Forex Broker - Complete Information Guide   1. Broker Overview   GMG Markets
1.50
Score
Fenix
Fenix Forex Broker - Complete Information Guide   1. Broker Overview   Fenix Sec
1.51
Score
IQCent
IQCent Forex Broker - Complete Information Guide   1. Broker Overview   IQCent,
1.50
Score
Doris
Doris Forex Broker - Complete Information Guide   1. Broker Overview   Doris Bro
1.50
Score
FX TRADER
FX Trader Forex Broker - Complete Information Guide   1. Broker Overview   FX Tr
1.51
Score
1.50
Score
1.54
Score
1.54
Score
Clone Firm
Tradefair
No license plate
1.54
Score
1.54
Score
TradeNexis
TradeNexis Forex Broker - Complete Information Guide   1. Broker Overview   Trad
1.54
Score
1.55
Score
1.55
Score
1.54
Score
1.54
Score
1.54
Score
HYCM DIFC
HYCM DIFC Forex Broker - Complete Information Guide   1. Broker Overview   HYCM,
1.54
Score
Unverified
Jxblqc
No license plate
1.54
Score
GPH
1.55
Score
1.54
Score
Saudi Fransi Capital
Saudi Fransi Capital Forex Broker - Complete Information Guide   1. Broker Overv
1.54
Score
ABG
1.54
Score
1.55
Score
DIS
Dis Forex Broker - Complete Information Guide   1. Overview of the Broker   Dis
1.54
Score
1.55
Score
1.54
Score
1.54
Score
1.54
Score

Latest Reviews

俊70643

俊70643

Singapore

I'm concerned about the recent website outage of Barons VC. The site has been inaccessible for some time now, and I'm worried about the security of my investments. It's frustrating to not have access to important information or updates. Hopefully, the company will resolve this issue soon and provide some reassurance to its clients.

Positive

2023-03-23

Barons VC Forex Broker has an overall rating of 1.50, Regulatory Index 0.00, License Index 0.00, Business Index 6.92, Software Index 4.00 Risk Control Index 0.00.