VFX MARKETS foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://co.vfxmarkets.com/en/register, about the company's legal and temporary regulatory information, the company's address Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines.
VFX MARKETS Forex Broker
Basic information
United Kingdom
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
General Information
VFX MARKETS is an offshore broker r registered in the United Kingdom, offering its clients access to a range of trading instruments, leverage up to 1:500, 5 x24 customer support.
Market Instruments
With VFX MARKETS, traders can get access to a wide range of trading instruments. Different types of trading assets, including foreign exchange, a series of CFD products, cryptocurrencies, are all available through this brokerage platform.
Account Types
Three account types are available with retail and professional accounts: Standard, Premium and VIP. The minimum initial deposit to open a Standard account is acceptable $200, and Premium and VIP accounts require that traders fund at least $2,000, and $5,000, respectively. Besides, account services are basically same.
How to open an account？
Opening an account withVFX MARKETS is not a difficult process, and you need only follow steps listed below:
1. Click “Register” on the homepage of VFX MARKETS.
2. When you first sign up for an account, you'll be prompted to enter personal information such your date of birth and residential address. To have your account fully verified you will be required to send the below documentation: Proof of identity, Proof of address. Once you've logged into your account and found the “Settings” > “Profile” > “Verification Papers” section, you can upload the required documents as indicated in the photos below:
3. After approval, you can fund your account and begin to trade with this brokerage.
Leverage
The maximum trading leverage offered by VFX MARKETS is up to 1:500. High trading leverage is ideal for active traders and scalpers, as it presents more overall trading flexibility. However, for inexperienced traders, it important for forex traders to select the level of leverage that they feel most at ease with, for leverage can magnify gains as well as losses.
Spreads & Commissions
VFX MARKETS offers a zero-commission trading environment, accompanies with higher spreads compared with its peers. Spreads are determined by trading accounts. The spreads offered by Standard, Premium and VIP accounts start from 4 pips, 3 pips, and 2 pips, respectively.
Trading Platform
VFX MARKETS offers its clients access to popular MT5 trading platform. The MetaTrader5 platform is suitable for your skill level and trading approach, regardless of whether you are an experienced trader or just starting out. The platform provides users with sophisticated tools for technical analysis, automatic trading capabilities (EAs), and mobile applications, all of which are utilized by millions of traders all over the world. Traders are also able to examine their orders, trades, account details, and keep up to date with the most recent market circumstances thanks to the intuitive user interface that is provided by the platform.
Trading Tools
Aside from MT5 trading platform, there are also some trading tools available to help traders quickly acquaint themselves with forex trading, including Economic Calendar, Forex Market Hour, Heat Map Analysis, Market Overview and Analysis.
Customer Support
Traders with any inquiries or trading related issues can get access to Valuta Markets multilingual customer support through the following contact channels:
A contact form (filling out required details, then waiting to be connected)
Telephone: +44 (113) 3204819
Email: support@vfxmarkets.com
Pros & Cons
| Pros | Cons |
| MT5 trading platform | No regulation |
| Generous leverage up to 1:500 | No 24/5 customer support |
| No online chat | |
| High minimum deposits | |
| Lacking for educational resources | |
| No demo accounts |
Frequently Asked Questions
Is VFX MARKETS regulated？
No, VFX Markets is not regulated.
What trading instruments does Golden Brokers offer？
VFX Markets offersforeign exchange, a series of CFD products, cryptocurrencies
What is the maximum trading leverage offered by VFX Markets？
The maximum trading leverage offered by VFX Markets is up to 1:500.
Rating Index
VIP
PREMIUM
VFX MARKETS Similarly Rated Brokers
Latest Reviews
FX1072471718
Nigeria
Its zero-commission trading environment is really attractive, yet accompanied by wide spreads. I do love its high leverage offered, ideal for scalping. A guy named warren from its customer support team is helpful. However, I still cannot make my decision to use this broker for it probably is unregulated.
Neutral
2022-12-02
云淡风轻85533
Hong Kong
Best Customer Service. Over the last year have been trading with VFX MARKETS and within this period the Customer services as been efficient, superb, and heartwarming.
Positive
2023-02-21