Note: Vorex's official website: https://www.vorextradingfx.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 VorexUnavailable 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 withdrawClassificationUnable 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.