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Vorex foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.vorextradingfx.com/en/, about the company's legal and temporary regulatory information, the company's address .

Vorex Forex Broker

Basic information

Registered region
Cyprus
Operating period
--
Company Name
Vorex Trading LLC
Abbreviation
Vorex
Company employee
--
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

  Note: Vorex's official website: https://www.vorexspanadingfx.com/en/ is normally inaccessible.

Vorex Information

  Vorex is an unregulated brokerage company registered in Cyprus. While the broker's official website has been closed, so traders cannot obtain more security information.

Is Vorex Legit?

  Vorex is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

  After a Whois query, we found that this company's domain name is for sale, which shows that it has not registered it securely.

Downsides of Vorex

  • Unavailable Website

  Vorex's website is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

  Since Vorex does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

  Vorex is not regulated, which is less safe than a regulated one.

  • Withdrawal Difficulty/Induced Investment

  According to a report on WikiFX, one user encountered significant difficulties with fund withdrawals and the other was induced investment. The issue remained unresolved despite the request being pending for a long time.

Negative Vorex Reviews on WikiFX

  On WikiFX, “Exposure” is posted as a word of mouth received from users.

  Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

  Currently, there is only one piece of Vorex exposure and a neutral comment.

  Exposure. Cannot withdraw

ClassificationUnable to WithdrawDate2022-04-06Post CountryHong Kong, China

  You may visit: https://www.wikifx.com/en/comments/detail/202204061102678481.html https://www.wikifx.com/en/comments/detail/Co202212125631322889.html.

Conclusion

  Vorex Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

  

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Latest Reviews

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Scam tried to get me to invest more, then cut and run. They lured me by letting me withdraw a small amount to show it was legit, but it's not, I lost the rest to them.

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FX1114992172

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A very excellent broker I have met, with their customer support helpful and patient. I really appreciate Andrew’s kind guidance of my account opening. I did have a pleasant trading experience on this platform.

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FX1567696696

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Quick deposit, but no withdrawal. The so called instructor will keep asking you to deposit and offer a chance with one to one subsidy. Everything is fake. They tell you that there is a problem with the instructor after deposit. The fund is frozen and ask you to deposit margin. Then, they are gone and website is gone.

Exposure

2022-04-06

Vorex Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.31, Software Index 4.00 Risk Control Index 0.00.