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VS Market Limited Forex Broker provides real users with * positive reviews, * neutral reviews and 3 exposure review!

VS Market Limited Broker Review

Rating Index

Pros

Competitive commission rates, particularly for micro and small products.
Exceptional customer service with dedicated brokers for personalized support.
User-friendly trading platform with advanced tools and educational resources.

Cons

Lack of formal regulatory oversight, which may raise concerns for some traders.
Multiple fees can accumulate, potentially increasing overall trading costs.
Focus primarily on futures trading, limiting options for those interested in other asset classes.

VS Market Limited Review 13

Latest All(3) Exposure(3) Market(10)
Exposure
One of my friend induce me to deposit ; "bank executives" guides operations; after high-amount deposits, the positions are liquidated, where did the money go?

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

xwes
2022-07-19
Exposure
Can't withdraw, can't contact the specialist

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.

Daniel6315
2022-07-06
Exposure
BEWARE!!! Unable to withdraw!

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.

FX3274187059
2022-07-02

VS Market 2025 In-Depth Review: Opportunity or Trap?

Executive Summary

VS Market Limited is positioned as a broker catering to experienced traders who favor high leverage and low trading costs. Founded in 2021 and headquartered in Hong Kong, it offers a variety of trading instruments, including forex and cryptocurrencies, with leverage ratios reaching up to 1:400. Despite these enticing conditions, the broker's lack of regulatory oversight raises serious concerns regarding fund safety and legitimacy.

The ideal clientele includes seasoned traders who are comfortable navigating potentially risky environments. Conversely, it is not suitable for novice traders, risk-averse investors, or those who prioritize regulatory assurance. With reports of withdrawal issues and a history of revoked licenses, potential users should exercise extreme caution. Thus, while the broker offers appealing trading conditions, the absence of regulatory safeguards makes it essential for traders to weigh the associated risks carefully.

⚠️ Important Risk Advisory & Verification Steps

Risk Advisory:

  • Unregulated Broker: VS Market Limited operates without oversight from a recognized financial authority. This poses significant risks to fund safety.
  • Withdrawal Issues: Numerous reports indicate delayed or denied withdrawals which have left many traders stranded.
  • High Minimum Deposit: The minimum deposit requirement can be a barrier for smaller traders, raising concerns about accessibility.

How to Self-Verify:

  • Check Regulatory Status:
    • Visit official regulatory websites like ASIC or the FCA to confirm if the broker is registered.
    • Read User Reviews:
      • Search for customer reviews on independent platforms to gauge others' experiences, especially around withdrawals.
      • Contact Support:
        • Test customer service responsiveness by reaching out with queries before opening an account.
        • Examine Trading Conditions:
          • Ensure you understand all costs, fees, and trading stipulations outlined in the broker's terms.

          Rating Framework

          Dimension Rating (out of 5) Justification
          Trustworthiness 1 Lacks regulatory oversight, numerous withdrawal issues.
          Trading Costs 3 Low costs on some trades, but hidden fees reported.
          Platforms & Tools 3 MT5 available, but limited educational resources.
          User Experience 2 Mixed reviews on usability and interface.
          Customer Support 2 Slow response times and difficulty in resolving issues.
          Account Conditions 2 High minimum deposit; unclear fee structure.

          Broker Overview

          Company Background and Positioning

          VS Market Limited, established in 2021, operates from its headquarters in Hong Kong. The broker markets itself as a primarily forex trading platform, offering various other asset classes, including cryptocurrencies and futures. The company's regulatory standing has come under scrutiny, particularly with the Australian Securities and Investments Commission (ASIC) revoking its previously claimed license.

          Core Business Overview

          VS Market Limited provides access to an array of financial markets, including forex, futures, and cryptocurrencies, facilitated through the MetaTrader 5 (MT5) platform. While the broker highlights low spreads and high leverage (up to 1:400), the lack of regulatory backing raises critical concerns for potential clients regarding the safety of their funds. Users can trade 0.01 lots with a margin call level starting at 150%.

          Quick-Look Details Table

          Detail Information
          Regulation No regulation
          Minimum Deposit $10,000
          Maximum Leverage 1:400
          Trading Platforms MetaTrader 5
          Major Fees Variable spreads, potential withdrawal fees
          Tradable Instruments Forex, Cryptocurrencies, Futures, Precious Metals

          In-depth Analysis of Each Dimension

          1. Trustworthiness Analysis

          Teaching users to manage uncertainty.

          The absence of a solid regulatory framework is a significant concern for VS Market Limited. The broker has faced scrutiny due to conflicting information regarding its regulatory status, which has been characterized as suspicious. Users are encouraged to conduct thorough due diligence and verify credentials through established regulatory bodies.

          • Analysis of Regulatory Information Conflicts
            • The broker's claims of regulation lack substance, and there have been numerous reports of previously held licenses being revoked. This creates a substantial risk factor for users.
            • User Self-Verification Guide
              • Step 1: Go to the ASIC official website.
              • Step 2: Search for the broker under the register to check if active.
              • Step 3: Read up on customer grievances on trusted review platforms.
              • Step 4: Reach out to support to gauge responsiveness before committing.
              • Industry Reputation and Summary
                • Reports from users reflect serious safety concerns regarding fund withdrawals.

                "I can't withdraw my funds for months, despite multiple requests." — Anonymous Trader

                2. Trading Costs Analysis

                The double-edged sword effect.

                VS Market Limited boasts low trading costs, notably with ultra-low spreads starting from 0.1 pips for the EUR/USD pair. However, clients should remain wary of additional costs that may arise.

                • Advantages in Commissions
                  • The broker offers competitive commission structures aimed at enticing high-volume traders with low costs for executing trades.
                  • The "Traps" of Non-Trading Fees
                    • However, hidden costs such as withdrawal fees have been reported as significant deterrents.

                    "They charge a $30 fee for withdrawing funds. This is highly deceptive!" — User Review

                    • Cost Structure Summary
                      • Traders should weigh the benefits of low commissions against potential non-trading charges, ensuring they understand the complete cost structure before trading.

                      3. Platforms & Tools Analysis

                      Professional depth vs. beginner-friendliness.

                      VS Market Limited utilizes the MT5 platform, known for its extensive capabilities. Yet the options for educational resources are limited.

                      • Platform Diversity
                        • The availability of MT5 allows users to access an advanced trading environment, complete with charting tools and market analysis features.
                        • Quality of Tools and Resources
                          • Despite the robustness of MT5, the educational resources offered are inadequate for newer traders who may require more guidance and support in navigating the complexities of trading.
                          • Platform Experience Summary
                            • User feedback has been mixed regarding platform usability.

                            "The layout is clunky and not very intuitive for beginners." — Trader Feedback

                            4. User Experience Analysis

                            Navigating the trading environment.

                            The user interface and overall experience reported by clients exhibit significant room for improvement.

                            • User Interface and Accessibility
                              • The overall user interface has received criticism for complexity and less accessibility for new traders.
                              • Educational Resources and Support
                                • The educational materials available do not sufficiently prepare users to effectively use the trading platform.
                                • Overall User Experience Summary
                                  • Aggregated user experiences indicate a need for improved designs and accessibility.

                                  "Great features, but the interface is daunting for beginners." — Experienced Trader

                                  5. Customer Support Analysis

                                  The lifeline for traders.

                                  Customer support at VS Market Limited is noted as a point of concern, as users report difficulties in contacting the support team.

                                  • Availability and Responsiveness
                                    • Many users experience delayed responses from customer support, creating frustrations for those seeking assistance.
                                    • Support Channels
                                      • Customer support is primarily available through email and phone, but effectiveness is deemed inadequate.
                                      • Customer Support Summary
                                        • Overall experiences suggest a lack of reliability in resolving issues promptly.

                                        6. Account Conditions Analysis

                                        Barriers to entry and flexibility.

                                        While VS Market offers various account types, the barriers presented may deter new investors.

                                        • Account Types and Minimum Deposits
                                          • The requirement for a minimum deposit of $10,000 creates challenges for novice traders looking to start small.
                                          • Leverage and Margin Requirements
                                            • Although leverage is generous, the risks associated with it necessitate a high level of trading acumen.
                                            • Overall Account Conditions Summary
                                              • The stringent requirements may be seen as exclusionary, particularly for those new to trading or with limited capital to invest.

                                              Conclusion

                                              Although VS Market Limited offers attractive trading conditions, its lack of regulatory oversight poses considerable risks to traders. Experienced traders are likely to appreciate high leverage and low spreads; however, absolute caution is advised due to numerous reports of fund withdrawal issues and a history of regulatory non-compliance. Ultimately, individuals considering engaging with this broker should fully assess their risk tolerance and explore more reputable, regulated alternatives to safeguard their investments.

VS Market Limited review