Vonway Forex Broker

Vonway Review SummaryFounded2020Registered Country/RegionHong KongRegulationAOFA (Offshore Regulated)Market InstrumentsForex, indices, stocks, commodities, cryptocurrenciesDemo Account✅LeverageUp to 1:2000SpreadFrom 0.6 pips (Standard account)Trading PlatformMT4Minimum Deposit$50Customer Support24/7 supportLive chat, contact formTel: +852 3615 1075, +269 39716565Email: info@vonwayforex.comSocial media: Instagram, Facebook, XRegional RestrictionsAfghanistan, Coted Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Puerto Rico clients are not allowedVonway Information Vonway is an offshore regulated broker, offering trading on forex, indices, stocks, commodities and cryptocurrencies with leverage up to 1:2000 and spread from 0.0 pips on the MT4 trading platform. The minimum deposit requirement is $50.Pros and ConsPros Cons Demo accountsOffshore regulatedVarious contact channelsMT4 platformLow minimum deposit requirementLive chat supportIs Vonway Legit? Yes. Vonway is an offshore regulated broker licensed by AOFA to offer services.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Anjouan Offshore Finance Authority (AOFA)Offshore RegulatedVONWAY GLOBAL LIMITEDRetail Forex LicenseL15967/VGLWhat Can I Trade on Vonway? Vonway offers trading on forex, indices, stocks, commodities and cryptocurrencies.Tradable Instruments Supported Forex✔Indices ✔Stocks✔Commodities✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account Type Here are three account types Vonway offers:Account TypeMinimum DepositStandard $50Raw Spread$50Micro$50Leverage Vonway offers maximum leverage at 1:2000. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.Vonway FeesAccount TypeSpreadCommissionStandard From 0.6 pips0Raw SpreadFrom 0.1 pips$7/lotMicroFrom 2 pips0Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔Desktop, IOS, AndroidBeginnersMT5❌/Experienced tradersDeposit and Withdrawal Vonway accepts payments via credit & debit card, Echelon Pay, Walao Pay, Paytrust and Fpx. Webmoney transactions once processed via bank transfer and accounts funded by Fasapay, Poli/Bpay, Skrill Bitcoin, Rapidpay and Klarna may incur additional charges. Once processed via bank transfer, the funds may take 3-5 business days to reach the bank account.Payment OptionsMinimum DepositMinimum WithdrawalProcessing TimeCredit & Debit Card$50$251 working dayEchelon PayWalao PayPaytrustFpx