Information about the financial intermediary “Vx Finance”
The company “Vx Finance” claims to provide clients with a reliable trading platform that can be fully relied upon. According to the broker, the terminal developed by him is capable of meeting the needs of both novice traders and professionals. In addition, the company promises to provide clients with educational opportunities. All additional information is available on the main page of the official website vx-finance.com, which, unfortunately, is only available in English.
The website directly states the address of the intermediary’s headquarters: 46-48 E Smithfield, London E1W 1AW, United Kingdom. At the moment, it is not possible to confirm whether the company Vx Finance is registered at this address, as the broker lacks the relevant registration documents. In addition, the absence of licenses is noted, although internal documents (Privacy Policy and Terms & Conditions) are available on the vx-finance.com website.
Contact information in the form of email and phone number with a British code is provided for communication with the company.
Trading conditions of the company “Vx Finance”
One of the main advantages of “Vx Finance” is the ability to trade various financial instruments, including cryptocurrencies, commodities, stocks, bonds, metals, and options. It should be noted that the company does not disclose information about the trading platform, only mentioning the provision of a “modern, functional, and reliable” terminal without the option to open a demo account.
“Vx Finance” offers the following account options:
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STANDARD. Deposit amount from $250. Introduction to the platform, personal manager.
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BRONZE. Deposit amount from $3500. Access to educational materials, assistance from a financial consultant, bonuses, and one insured trade.
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SILVER. Deposit amount from $10,000. BRONZE account options + increase in insured trades to 4, development of a trading strategy.
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GOLD. Deposit amount from $25,000. SILVER account options + increase in insured trades to 8.
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PLATINUM. Deposit amount from $50,000. GOLD account options + increase in insured trades to 16, signals, notifications, and news.
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PRO. Deposit amount from $100,000. Premium-level program, premium notifications, strategies, and funding.
It is important to note that almost all trading conditions remain unknown. The company does not provide information on spreads, leverage, margin, and other important parameters. However, the focus is on educating clients, both novice traders and professionals.
Account funding and withdrawal at Vx Finance
Information on account funding and withdrawal is limited. It is known that credit/debit cards and bank transfers are used for deposits and withdrawals. The company promises no commissions and fast processing of requests. The minimum deposit amount is $250, and there are no withdrawal limits specified.
Conclusion on the company “Vx Finance”
“Vx Finance” is an alleged British broker operating without a license. The company offers the opportunity to trade various assets with a minimum deposit of $250, promises education, and no commissions on deposits and withdrawals. It should be noted the absence of a demo account, platform description, and key trading conditions. Those interested should read reviews about “Vx Finance”.
My experience with Vx Finance has been nothing short of a total disaster. Not only was their customer service completely unresponsive, their platform is also incredibly hard to navigate. Their trading fees are excessively high and the lack of transparency regarding these fees was appalling. Also, their supposed ‘expert’ guidance led me to make financial decisions that resulted in significant losses. I would not recommend Vx Finance to anyone. Invest with them at your own risk!