VS Market Limited foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://clientportal.vsmarket-fx.com/register/trader/multi-step, about the company's legal and temporary regulatory information, the company's address .
VS Market Limited Forex Broker
Basic information
Hong Kong
2-5 years Suspicious Regulatory License Suspicious Scope of Business Australia Appointed Representative(AR) Revoked High potential riskCompany profile
General Information
VS Market Limited is a newly established forex broker registered in the United Kingdom. Rhine International limited allows its clients access to a series of financial markets including stocks, foreign exchange, gold and silver and more. However, it is important to note that VS Market Limited is not regulated by any financial authority, which means that there is no oversight or protection for investors who trade with this broker. This lack of regulation poses a potential risk for traders, as there may be no recourse in case of any issues or disputes.
Despite the absence of regulation, VS Market Limited offers a variety of market instruments to its clients. These instruments include foreign exchange, noble metals, futures, and cryptocurrencies. Clients can engage in trading different currency pairs in the foreign exchange market, trade noble metals like gold and silver, participate in various futures markets, and speculate on the price movements of cryptocurrencies through contracts for differences (CFDs).
VS Market Limited provides two types of accounts: live accounts and demo accounts. Live accounts do not specify a minimum initial deposit requirement and grant access to the full range of features and services. On the other hand, demo accounts are designed for newcomers to practice and refine their trading strategies without risking real money.
While VS Market Limited offers a comprehensive trading platform with versions for Windows, mobile (iOS and Android), and web, it is important to exercise caution due to the lack of regulation and potential risks associated with trading with an unregulated broker. Customer support is available through various channels, including email and telephone.
Pros and Cons
VS Market Limited offers a wide range of market instruments, providing trading opportunities in foreign exchange, noble metals for asset preservation, futures trading, and cryptocurrency CFDs. The company also offers live and demo accounts to cater to different needs and provides leverage options up to 1:300. It has comprehensive trading platforms, specifically the MT5, which is known for its functionality and automated trading capabilities. However, a significant drawback is that VS Market Limited is not regulated by any financial authority, which raises concerns about investor protection. There is limited information available on the additional features and functionalities of the trading platforms. The regulatory license of the company is considered suspicious, and the server is located only in China. Transparency regarding minimum initial deposit requirements, spreads, and commissions is lacking, and clarity on deposit and withdrawal limits is also limited.
| Pros | Cons |
| Offers a wide range of market instruments | Not regulated by any financial authority |
| Provides trading opportunities in foreign exchange | Limited information on additional features and functionalities of the trading platforms |
| Includes noble metals for asset preservation | Suspicious regulatory license |
| Facilitates futures trading | Limited information on additional features and functionalities of the trading platforms |
| Offers cryptocurrency CFDs | Server located only in China |
| Provides live and demo accounts for different needs | Lack of transparency and information about minimum initial deposit requirement |
| Offers leverage options up to 1:300 | Limited availability of information about spreads and commissions |
| Comprehensive trading platforms (MT5) | Lack of clarity on deposit and withdrawal limits |
Is VS Market Limited Legit？
VS Market Limited is not regulated by any financial authority. This means that there is no oversight or protection for investors who trade with this broker. If something goes wrong, you may not be able to get your money back.
Market Instruments
With VS Market Limited, four classes of trading assets including Forex exchange, Noble Metal, Futures and Cryptocurrency are available through the brokerage platform.
Foreign Exchange market
In the foreign exchange market, clients can engage in trading various currency pairs. The foreign exchange market is the largest financial market globally, with a massive daily turnover. VS Market Limited provides trading opportunities for currency pairs such as AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, and USDCHF. Each currency pair has its own specific trading characteristics and transaction times.
Noble metals
Noble metals like gold and silver are also offered by VS Market Limited. These metals are popular choices for individuals looking to maintain their assets and mitigate risks. Gold and silver possess commodity, currency, and financial attributes.
Futures
Futures contracts are standardized agreements to deliver a certain quantity of an underlying asset at a predetermined time and place. VS Market Limited facilitates futures trading, allowing clients to participate in various futures markets. Some of the available futures contracts include NYMEX Light Crude Oil Futures, ICE Brent Crude Oil Futures, Hong Kong Hang Seng Index Futures, and Xinhua FTSE China A50 Index Futures.
Cryptocurrency
Additionally, VS Market Limited offers cryptocurrency contracts for differences (CFDs). Cryptocurrencies have gained significant popularity in recent years, and VS Market Limited provides trading opportunities for cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), and others. These cryptocurrency CFDs enable clients to speculate on the price movements of these digital assets without owning them directly.
| Pros | Cons |
| Offers foreign exchange trading opportunities | Not regulated by any financial authority |
| Provides access to noble metals (gold and silver) | Some market instruments may be more volatile than others |
| Facilitates futures trading | There is a risk of loss when trading |
| Offers cryptocurrency CFDs | Lack of transparency and information about minimum initial deposit requirement |
| Diversification through a range of market instruments |
Account Types
VS Market Limited offers a live account and a demo accounts. The minimum initial deposit for the live account is not disclosed, and demo accounts allows newcomers to test trading environment on the platform and practice their trading strategies.
How to Open an Account？
To open an account with VS Market Limited, follow these steps:
Visit the VS Market Limited website.
Click on the “Open a real account” or “Try free demo account” option.
3. Provide your registration information, including your name, nationality, country code, phone number, email, and password.
4. Proceed to the next section for user information.
5. Enter your basic information, such as your name, nationality, gender, and date of birth.
6. Provide your country code, phone number, and identity card/passport number.
7. Upload the required identity document and its backside.
8. Choose the trading platform you prefer and add any necessary remarks.
9. Read and understand the provided information, including the User Agreement and Risk Disclosure.
10. Confirm your intention to sign up for a new real account.
11. Submit your registration information.
Leverage
VS Market Limited offers the maximum leverage up to 1:500, which is a generous offering. Leverage can improve potential returns by allowing you to double or even quadruple your account amount. However, it can also cause to serious fund losses, especially to inexperienced traders. Therefore, it is essential for traders to choose the proper amount based on their risk tolerance.
Spreads
VS Market Limited offers its traders access to an ultra-low spread trading environment, with spread on the EURUSD pair from 0.1 pips, for it partners with many top banks and liquidity providers. Since many forex broker today calculate all trading costs into spreads, brokerage firms who offers competitive spreads receive much popularity.
Trading Platform Available
When it comes to trading platforms available, VS Market Limited offers its clients access to the leading MT5 Trading platform. With this advanced trading software, traders can get access online transaction of foreign exchange, cryptocurrencies, precious metals and indices. Besides, MT5 also enables them to operate trading bots such as EA, study financial markets, and engage in advanced trading operations, even duplicating the strategies of other investors without difficulty.
Some features of the MT5 trading platform:
Automated trading supported;
One-click trading;
Supporting all order modes;
Multi-account management;
Deposit & Withdrawal
VS Market Limited provides a user-friendly Deposit and Withdrawal process that is designed to accommodate a wide range of banks. The platform supports transactions from all banks, and the daily Deposit limit is determined by the user's own bank. Users are advised to consult their bank for specific limits and standards. The withdrawal of funds from the trading account to a bank account can be easily done by contacting the platform broker, who will assist investors in the process.
VS Market Limited provides encryption technology provided by major banks. This ensures that the entire online Deposits usually take 1 to 5 working days to arrive in the investor's account, and the same timeframe applies to account payments. Investors can initiate a Deposit by applying through the platform's customer service.
| Pros | Cons |
| User-friendly process that accommodates a wide range of banks | No specific information provided about withdrawal fees or charges |
| Supports transactions from all banks | Limited information on withdrawal processing times |
| Deposits typically arrive within 1 to 5 working days | Lack of transparency on the deposit and withdrawal process |
| Daily deposit limit is determined by the user's own bank | Limited payment methods |
Customer Support
Customer Support at VS Market Limited is dedicated to providing assistance and resolving queries for their clients. The company offers multiple channels for customers to reach out, including email (service@vsmarket-fx.com) and telephone (+852 66741961). The support team is located at Unit No.A222, 3F, Hang Fung Industrial Building, Phase 2, No.2G Hok Yuen Street, Hunghom, Kowloon, Hong Kong. Customers can contact them regarding their needs or concerns through various means such as submitting a message on the company's website.
Conclusion
In conclusion, VS Market Limited is a brokerage firm that operates without regulation from any financial authority, which poses a potential risk for investors. While the company offers a variety of market instruments, including foreign exchange, noble metals, futures, and cryptocurrencies, the lack of regulatory oversight means that there is no protection or recourse for investors if something goes wrong. The company provides different account types, including live and demo accounts, allowing traders to access the platform's features with real or virtual funds. With leverage options ranging from 1:100 to 1:300, clients can maximize their trading potential. The platform also offers a user-friendly deposit and withdrawal process, although specific limits and standards may vary depending on the user's bank. VS Market Limited provides a comprehensive trading platform, including Windows, mobile, and web clients, with advanced features and tools for analysis. Customer support is available through email and telephone. Overall, the lack of regulation and potential risks associated with VS Market Limited should be carefully considered by investors before engaging with the company.
FAQs
Q: Is VS Market Limited regulated？
A: No, VS Market Limited is not regulated by any financial authority.
Q: What market instruments does VS Market Limited offer？
A: VS Market Limited offers foreign exchange, noble metals, futures, and cryptocurrencies.
Q: What types of accounts does VS Market Limited provide？
A: VS Market Limited provides live accounts and demo accounts.
Q: How can I open an account with VS Market Limited？
A: To open an account, visit the VS Market Limited website and follow the registration process.
Q: What leverage options does VS Market Limited offer？
A: VS Market Limited offers leverage ranging from 1:100 to 1:300.
Q: What are the spreads and commissions at VS Market Limited？
A: VS Market Limited offers low spreads starting from 0.1 pips on the EURUSD pair.
Q: How can I deposit and withdraw funds with VS Market Limited？
A: VS Market Limited provides a user-friendly deposit and withdrawal process. Contact the platform broker for assistance.
Q: What trading platforms does VS Market Limited offer？
A: VS Market Limited offers a Windows Client, Mobile Client (iPhone and Android), and Web Client using MetaTrader 5 (MT5).
Q: How can I contact customer support at VS Market Limited？
A: You can reach customer support via email or telephone, or by submitting a message on the company's website.
Rating Index
VS Market Limited Similarly Rated Brokers
Latest Reviews
Daniel6315
United States
I opened an account with VS market limited on May 24th this year via WhatsApp. Account: 80100131. Every time I make a deposit (deposit), I have to ask the commissioner for bank remittance information. Each time it is a different company or private account. (both in Hong Kong). The WhatsApp account of the commissioner of VS Market Limited is 85257003310 1) Deposited $109,905 on May 27, bought 109 lots of EUR on May 30, and made a profit of $23,871; 2) Deposited $102,381 on June 2 and bought it on June 3 236 lots of AUD, profit of $46,020; 3) Deposit $27,246 on June 14, buy 309 lots of AUD on June 17, profit of $46,350; 4) Buy 355 lots of EUR on June 23, profit of $74,550; 5)6 Apply for withdrawal of USD 430,000 on June 26, 6) Deposit $44,842 on June 27; 7) Buy 45 lots of EUR on June 28, and make a profit of $9,045; 8) Received an email on June 30 that the withdrawal was successful, 9) However, on July 1st, I deposited it back into the account, because it did not meet the standard turnover. In order to prevent money laundering, I had to wait until my turnover reached the standard before I could withdraw! 10) On July 3rd, I bought 10 lots of ether each , making profits of $834 and $465, respectively. 11) Later bought 485.5 lots and 498.47 lots of Ether on July 5, making profits of $12,962.85 and $8,374.30, respectively. 12) On July 5th, because the current flow rate has reached the standard, the commissioner did not respond to the information at all when he wanted to withdraw money. The current balance in the account is $506,846.15. I don’t know if this money can be withdrawn, or if I encounter fraud, I would also like your professional assistance to see if you can help me get the money back. I would be very grateful! people suffer! The attached photo is the last conversation with the commissioner on Whatsapp, please refer to it. If you need more detailed information, please feel free to contact me, and it will be sent immediately.
Exposure
2022-07-06
FX3274187059
United States
I went to the bank to wire $50k to the broker. I received notification from VS MARKET that the $50k has been deposited into the broker account. Made $23k profit and when I try to withdraw they asked for bank information and then told me they submitted. They said once is complete they will withdraw the balance from the broker account. I received email stating that the money was removed from the broker account, but it never reached my bank account! Today I got an email stating that the money was deposited into the broker account. I was very confused and messaged the representative and they started making excuses saying I can’t withdraw and need to do more trade. That withdrawing is criminal activities such as money laundering.
Exposure
2022-07-02
xwes
Germany
Liars use the national karaoke software to attract the attention of deceived people, and then chat in the way of boyfriend and girlfriend. He claimed that his relatives worked at the top of the Bank of New York in the United States, knew insider trading information, and could conduct illegal foreign exchange manipulation. In the end, the deceived person is induced to download MetaTrader5. A specific customer service is introduced separately, and the so-called deposit and withdrawal are carried out through the customer service. The customer service claimed to use a random account with cooperation to recharge and deposit (multiple accounts filled in above). After being cheated, the customer service notified MletaTrader5 that the recharge was successful. Then, under the leadership of the crooks, I made several foreign exchange transactions on MetaTrader5, and the first few times were successful, and each time I made a profit of 20%. So the deceived people continue to deposit money wildly. Then, on the fourth time, the scammer deliberately selected a volatile foreign exchange transaction, which eventually caused the illusion that the market was volatile and led to liquidation. In fact, the money has already entered various so-called random accounts when the deceived people make money. Afterwards, the scammer claimed that the deceived person had insufficient funds to cause the liquidation, and even asked the deceived person to continue to borrow money (deposit). The deceived wakes up after losing more than 100,000
Exposure
2022-07-19