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Vistova Forex Broker provides real users with 1 positive reviews, 1 neutral reviews and 22 exposure review!

Vistova Broker Review

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Vistova Review 24

Latest All(24) Positive(1) Neutral(1) Exposure(22)
Positive
Vistova: Unleash Your Trading Potential with Premier Educational Resources and Safe Demo Practice

Vistova is top-notch when it comes to education resources! They offer comprehensive guides, tutorials, and webinars that are perfect for traders of all levels. Plus, their demo account is a great way to practice and test strategies without risking real money.

yvett
2024-07-11
Neutral
Vistova's Hidden Fees: Commission-Free Trading Promises Betrayed

Signed up for a Vistova account because they advertised commission-free trading. But later, I found they had hidden fees, so I left already .

Pierre Lug
2024-06-28
Exposure
After receiving the investment in soaring stocks, the total loss in foreign exchange was nearly 10 million!

In order to receive the hot stocks on FB, link to the FB message called "Eagle Spreading Wings". Then I joined his line and met an investment consultant who called himself Guo Zhenrong. Later, his assistant Misia invited me to join the Baoxin Investment Consulting elite team group. Teacher Guo proposed a compound interest plan to help the world. The cooperative foreign exchange platform is Vistova. Manager Chen is responsible for fund supervision and deposits and withdrawals, using MT5 as the order platform. It advertises the operation of crude oil and gold CFD contracts, claiming that it can make amazing profits, so I started this plan. It is also emphasized that those who participate in the operation are exempted from the commission for the first half month, and after half a month, they must pay the feedback commission according to the fund level, so as to attract the group members to invest more funds in the short term. I increased my bet to 5.1 million within 5 days. After the operation date, I applied to withdraw US$30,000, which is equivalent to about NT$960,000, but only NT$300,000 was withdrawn. I thought it was strange and asked Teacher Guo and Manager Chen what was wrong, because it was the first time to withdraw money. I didn't dare to be too arrogant and refused to withdraw money, so I made a top-up of NT$960,000. I successively withdrawn a total of about NT$1.7 million. However, the amount withdrawn is not recorded in one lump sum, but is split into 300,000 each, which makes it feel weirder! Therefore, I want to withdraw the remaining principal of NT$3.4 million first, and only keep the profit part to continue the operation. Moreover, Teacher Guo emphasized that it is up to the individual to decide how much money he wants to withdraw, and he will definitely be able to withdraw it without any problems. Unexpectedly, Manager Chen told me that my account was suspected of being involved in money laundering and had been frozen and could not be withdrawn. I had to pay one-half of the principal, about 2.5 million, as a deposit before I could withdraw it! I was determined not to pay any more funds, and the two sides were in a stalemate. Finally, Manager Chen told me: The Financial Supervisory Commission issued a list of abnormal accounts to clear. I was frightened and quickly made up 2.5 million, but then they kept giving various excuses to prevent me from withdrawing money. I realized it's a scam.

吳小姐
2024-03-21
Exposure
Scam

Fraudulent misappropriation of assets. Dividends have not been paid and the account is locked preventing transactions. Request a refund of my money. Please email us. report@forteclaim.com

FX6845073
2024-03-19
Exposure

I once deposited over $100,000 into the exchange! I placed a withdrawal order for $25,000 and it was declined. All funds will be gone permanently. Please stay away from this platform. It is a scam.

FX3753670
2024-03-19
Exposure
The platform does not give withdrawal for various reasons, including a series of tactics from stocks to foreign exchange.

Vistova teamed up with Baoxin Investment Consulting to defraud money and refused to give out money for various reasons. She joined Baoxin Investment Consulting by chance on the Internet. First, she joined a group to promote stocks and paid a membership fee of 10,000 yuan. At first, all the stocks she gave were profitable, and later They all lost money, and the loss reached 110,000. They said that the stock market was not easy to change and they went to gold and crude oil, and the loss of 110,000 could be made up for. I was asked to open an account at Vistova to store value. I initially deposited 200,000 in value and then followed up. Later, I kept asking for more funds. Because I wanted to add a large amount of 2 million, I wanted to try to withdraw it, but I couldn't withdraw it. The website also turned into a scam website that day. Although the website was restored later, the same excuse said that I had to pay the share first and blacklisted me. I paid more than 50,000 yuan in dividends but they still refused to collect it. I was delayed and said that I would have to wait until after Christmas or New Year’s Day. Vistova customer service manager Chen canceled my LINE platform website and I couldn’t access it. I asked the group what happened, Lian Bao Xin Tou Gu also quit my group, and the website became a scam website again. Someone should have reported it to the police. I told my assistant that I would go to the police if he didn’t withdraw the money for me. She also deliberately choked me and asked me to go to the police. But she wouldn’t withdraw the money for me. There are currently 31,914 US dollars (about NT$1 million) in it, which cannot be withdrawn.

等你回來
2024-03-15
Exposure
scam

If anyone still thinks that they are still investing in this company, they should immediately give an order to withdraw their money, save their money with Forteclaim and walk away without even looking back. Otherwise, they will defraud you with all kinds of schemes with their fraudulent algorithms and make you believe that your money has gone bankrupt.    

Fx4679443
2024-02-20
Exposure
Dilemma solved ?

Investing with this company put me in a dilemma and has led me to put out multiple complaints ,because I don’t understand how I can invest so much and not get the permission to withdraw when I want to

Fxtrader119
2024-02-10

  

Vistova 2025 Review: Everything You Need to Know

  Vistova has emerged as a controversial player in the online trading landscape since its inception in 2023. While it markets itself as a global forex and CFD trading platform with competitive features, a deeper analysis reveals significant concerns regarding its legitimacy and regulatory status. The platform lacks proper oversight, and numerous user complaints paint a troubling picture of investor experiences.

  Attention: It is crucial to note that Vistova operates under various entities across different jurisdictions, which raises questions about its credibility. This review aims to provide a fair and accurate assessment of Vistova based on available information.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 4
Trustworthiness 2
User Experience 3
Regulatory Compliance 1

  How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding the broker's services and offerings.

  

Broker Overview

  Founded in 2023, Vistova Markets Limited is headquartered in Saint Lucia and claims to provide a variety of financial services, including forex and CFD trading. The platform allegedly operates on the MetaTrader 5 (MT5) trading platform, offering users access to various asset classes such as forex, indices, commodities, and stocks. However, it is essential to highlight that Vistova operates without any regulatory oversight, which raises significant concerns regarding investor protection.

  

Detailed Breakdown

  

Regulatory Status

  Vistova is registered in Saint Lucia but is not regulated by any recognized financial authority. The absence of regulatory oversight is a major red flag, as it implies a lack of accountability and protection for investors. This unregulated status has led to numerous warnings from financial experts and review platforms, advising potential investors to exercise extreme caution.

  

Deposit and Withdrawal Methods

  Vistova accepts various deposit methods, including bank transfers and credit/debit cards. However, users have reported significant difficulties when attempting to withdraw their funds, with many claiming prolonged delays or outright denials of their requests. This inconsistency raises serious concerns about the reliability of the platform.

  

Minimum Deposit

  The minimum deposit requirement to open an account with Vistova is reported to be $500. This relatively low barrier to entry may attract novice traders; however, the risks associated with trading on an unregulated platform should not be underestimated.

  

Bonuses and Promotions

  Vistova does not appear to offer any significant bonuses or promotions, which is consistent with many unregulated brokers that often lure investors with unrealistic promises of high returns.

  

Tradable Asset Classes

  Vistova provides access to a range of asset classes, including CFDs, futures, commodities, and indices. However, the lack of transparency regarding trading conditions and potential hidden fees is concerning. Traders should be aware of the risks associated with trading these instruments on an unregulated platform.

  

Costs (Spreads, Fees, Commissions)

  Vistova claims to offer competitive spreads, reportedly as low as 0 pips, and does not charge commissions on trades. However, the absence of clear information regarding fees and costs raises concerns about potential hidden charges that could be imposed when clients attempt to withdraw funds.

  

Leverage

  The platform does not disclose specific leverage options, which is unusual for a trading broker. In regulated environments, leverage is typically capped to protect investors from excessive risk, making this lack of information particularly alarming.

  

Allowed Trading Platforms

  Vistova claims to operate on the MetaTrader 5 (MT5) platform, which is known for its robust features and user-friendly interface. However, the platform's reliability is questionable due to the broker's unregulated status.

  

Restricted Regions

  Information regarding restricted regions is not explicitly stated, but traders should be cautious, particularly if they reside in jurisdictions with strict regulations against unlicensed trading platforms.

  

Available Customer Support Languages

  Vistova primarily offers customer support in English, but the quality and responsiveness of this support have been called into question by numerous user reviews.

  

Ratings Recap

Category Rating (out of 10) Detailed Explanation
Account Conditions 3 Limited account types and unclear conditions.
Tools and Resources 4 Basic trading tools, but lack of educational resources.
Customer Service and Support 2 Poor reviews regarding responsiveness and effectiveness.
Trading Setup (Experience) 4 MT5 platform offers a familiar interface, but concerns over reliability.
Trustworthiness 2 Unregulated status and negative user feedback raise alarms.
User Experience 3 Mixed reviews with many users reporting withdrawal issues.
Regulatory Compliance 1 No regulatory oversight, posing significant risks to investors.

  

Detailed Explanations

  •   Account Conditions (3/10): Vistova offers only one account type, limiting flexibility for traders. The minimum deposit is $500, but the lack of transparency regarding account conditions raises concerns.

  •   Tools and Resources (4/10): While the MT5 platform is user-friendly, Vistova lacks comprehensive educational resources and tools that are commonly found with regulated brokers.

  •   Customer Service and Support (2/10): Customer support has received numerous complaints regarding its effectiveness, with many users reporting difficulties in resolving issues.

  •   Trading Setup (Experience) (4/10): The MT5 platform is well-regarded, but the overall trading experience is marred by the broker's unregulated status and withdrawal difficulties.

  •   Trustworthiness (2/10): The absence of regulatory oversight and multiple user complaints about fund withdrawals severely undermine Vistova's trustworthiness.

  •   User Experience (3/10): User reviews highlight significant issues with fund access and withdrawal processes, leading to a negative overall experience.

  •   Regulatory Compliance (1/10): Vistova operates without any legitimate regulatory oversight, which is a critical factor for any potential investor.

  •   In conclusion, Vistova's lack of regulation, poor user reviews, and significant withdrawal issues present a concerning picture for potential investors. It is advisable to consider more reputable and regulated alternatives in the forex and CFD trading space. Always conduct thorough research and due diligence before engaging with any trading platform.