VTradeFX Forex Broker

VTradeFXReview SummaryFounded2024Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsForex, indices, commodities and stocksDemo Account✅LeverageUp to 1:200SpreadFrom 0.5 pips (Standard account)Trading PlatformMT4, MT5Min Deposit$200Customer SupportTel: +4412 2526 0966Email: info@vtradefx.comAddress: 17 Cavendish Square, London W1G 0PH Based in UK, VTradeFX is an unregulated forex broker that was established in 2024. VTradeFX provides various financial products to trade via the MT4 and MT5 platform, including forex, indices, commodities and stocks. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $200.Pros and ConsProsConsVarious trading optionsShort operating historyDemo accountsNot regulatedMultiple account typesHigh minimum depositMT4 and MT5 supportedLimited payment optionsWithdrawal fees charged for BitcoinIs VTradeFX Legit? No, VTradeFX is not regulated by any reputable financial body. Please be aware of the risk!What Can I Trade on VTradeFX?Tradable Instruments Supported Forex✔Commodities✔Indices✔Stocks✔Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type VTradeFX offers six accounts to choose from, including Standard, Islamic, Silver, GOLD, Platinum and VTFX VIP accounts. Accepted currencies are EUR, USD, and INR.Account TypeMin DepositStandard$200Islamic$200Silver$2,500Gold$5,000Platinum$10,000VTFX VIP$50,000 Besides, it also sets up demo accounts for traders to practice trading with virtual credit.Leverage VTradeFX provides leverage up to 1:200 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Spread VTradeFX offers a range of spreads across its account types, from 0.03 to 2 pips.Account TypeSpreadStandardFrom 0.5 pipsIslamicFrom 2 pipsSilverFrom 0.4 pipsGoldFrom 0.2 pipsPlatinumFrom 0.1 pipsVTFX VIPFrom 0.03 pipsTrading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔PC, Mac, mobile and tabletExperienced tradersMT4✔PC, Mac, mobile and tabletBeginnersDeposit and Withdrawal VTradeFX accepts Credit card, Bank transfer and Bitcoin as payment methods. VTradeFX charges withdrawal fees based on the chosen method.Payment OptionMin WithdrawalFeeProcessing TimeBitcoin$10Fixed fee of $3 + 3% of the amountInstantBank transfers, credit card$100❌Up to 2 business days