Vortex FX Forex Broker

Vortex FX Review SummaryFounded2017-05-11Registered Country/RegionSaint LuciaRegulationUnregulatedMarket InstrumentsCommodities, Indices, Metals, Stocks, Bonds, and Cryptocurrency (CFD)Demo Account✅LeverageUp to 1:500SpreadFrom 0 pipsTrading PlatformMT4, MT5, and WebTraderMin Deposit$200Customer Support (24/7)Telegram, Facebook, Instagram+1 (758) 572-0669/0800-048-8467support@vortexfx.comVortex FX Information Vortex FX is a trading platform registered in Saint Lucia, offering the trading of various assets such as stocks, cryptocurrencies, and foreign exchange. It features spreads as low as 0.0 pips. Vortex FX also provides MetaTrader 4 and MetaTrader 5 trading terminals. Meanwhile, it offers a variety of payment methods, supports instant deposits and fast withdrawals, has no commissions, and also has a 30-day free trial.Pros and ConsPros Cons Various trading instrumentsUnregulatedSpreads as low as 0.0 pips (EUR/USD, 0.1 pips)Untransparent Regulatory informationLeverage up to 1:500High potential riskMT4 and MT5 availableTrading time restrictions for some productsIs Vortex FX Legit? Vortex FX is unregulated. Vortex FX has published its company license number (No. 13 - 10 / 203 (23)) and registration number (2023 - 00517) on its official website and provided office locations in Spain and Saint Lucia. However, its regulatory information lacks detailed explanations of regulatory authorities and the display of regulatory documents.What Can I Trade on Vortex FX? Vortex FX offers a rich and diverse range of market trading instruments, including 61 foreign exchange currency pairs, over 2,100 large-cap stock CFDs, covering top exchanges such as the ASX, NASDAQ, and NYSE. Cryptocurrency trading covers more than 40 popular digital assets, including Bitcoin and Ethereum. There are also 25 global index CFDs and more than 20 commodity CFDs, covering energy, metals, and agricultural products. For conservative investors, Vortex FX provides 9 bond CFDs.Tradable Instruments Supported Forex✔Stock CFDs✔Index CFDs✔Cryptocurrencies✔Commodity CFDs✔bond CFDs✔ETFs❌Bonds❌Mutual Funds❌Account Type Vortex FX offers a variety of account types, including the Raw Spread account, the Standard account (with commission), and the Standard account (without commission).Raw SpreadStandard (with commission)Standard (without commission)Spread RangeStarting from an average of 0.1 pipsStarting from 0.0 pipsStarting from 0.8 pipsCommission Standard$3.5 per lot (one-way)$6 per lot (round-trip)No commissionSuitable Trading StrategiesAlgorithmic trading/Scalping tradingDay trading/Scalping tradingIndependent tradingOther FeaturesUltra-low spreadsZero starting spreadCommission-free structureVortex FX Fees Vortex FX offers spreads as low as 0.0 pips for some products, and the average spread for EUR/USD is only 0.1 pip. The commission policy varies depending on the account type and trading platform: The Raw Spread account on MetaTrader 4 charges commissions based on the account currency and the number of lots traded. In contrast, on the cTrader platforms, a fixed commission of $3 is charged for every $100,000 of trading volume in foreign exchange and metal transactions. International banking institutions may charge intermediate fees.Leverage Vortex FX offers a maximum leverage of 1:500, allowing traders to control larger trading positions with a relatively small amount of capital, thus improving the utilization rate of funds. However, while high leverage can amplify profits, it also magnifies the risk of losses.Trading Platform Vortex FX provides three major professional trading platforms: MT4 (with a spread of 0.0 pips and a leverage of 1:1000) supports high-frequency trading; MT5 (with a spread of 0.0 pips and a leverage of 1:500) is equipped with algorithmic trading tools; WebTrader doesn't require downloading and supports full-featured web-based trading, meeting various trading needs.Trading PlatformSupported Available Devices Suitable for MetaTrader 4✔Web, iPhone/iPad, Android, and MacbeginnerMetaTrader 5✔Web, iPhone/iPad, Android, and MacExperienced TradersWebTrader✔WebAll