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/10

V2FX

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

https://www.v2fxlive.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
V2FX-Server MT5
Server Location France

Contact

+91 79840 37239
support@v2fxlive.com
https://www.v2fxlive.com/
71-75 Shelton Street, London, Greater London, United Kingdom, WC2H 9JQ

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+91 79840 37239

Broker Information

More

Company Name

V2FX Limited

Company Abbreviation

V2FX

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-04
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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V2FX · Company Summary

V2FX

basic-information

General Information

Registered in United Kingdom, V2FX presents itself as an STP forex broker offering clients access to a, such as Forex, Stocks & Indices through the advanced MT5 trading platform. V2FX claims that traders can use the maximum leverage up to 1:500 on its platform and 24 x/7 customer support is at hand to solve investors trading-related issues.

Is V2FX safe to trade with

V2FX has let us down when it comes to enforcing rules and regulations. This broker has been confirmed to be outside of the purview of any regulatory bodies. Thats why its regulatory status has been classified as “No License” and it got a pretty low score of 1.67/10 on the WikiFX website.

Please be aware of the considerable risk associated with trading with an offshore, unregulated forex broker.

wikifx

Market Instruments

V2FX claims that it provides diversified range of trading instruments. Five classes of trading assets can be traded, including Foreign Exchange, Cryptocurrencies, Indices, Commodities, CFD products.

Account Types

A total of six types of trading accounts are designed for both retail and professional clients on the V2FX platform, which include Standard, Professional, Premium, Emerald, Platinum and Diamond accounts. The minimum deposits ranges from $100 to as high as $25,000 depending on what types of traders you want to be.

The Standard account is suitable for beginners or traders who trade less frequently, requiring an acceptable of $100 to start, same as the requirement of open a professional account.

The minimum deposits required by another four accounts seem relatively high, with the V2 Premium account from $500, the V2 Emerald account from $5,000, the V2 Premium account from $10,000, and the V2 Diamond account from $25,000.

With so high requirements on initial deposit, it seems that V2FX is ready to extract clients deposited money at the very first.

account-types

Spreads & Commissions

Spreads and commissions are set in the end by trading accounts. V2FXs Standard, Professional, Premium, Emerald accounts offer a commission-free trading environment, accompanied by extremely wide spreads. Spreads offered by V2 Platinum and V2 Diamond accounts are relatively lower, with a commission of 3 USD and 5 USD, respectively.

Leverage

Trading leverage varies depending on trading accounts, ranging from 1:200 to 1:500, quite high, which is significantly higher than the levels regarded appropriate by many regulators. This is a common practice for offshore companies, and V2FX just engages in it to increase its client base.

Trading Platform

V2FX offers its clients the access to popular MT5 trading platform that can be available for Desktop, Mobile and Web terminals.

Traders can quickly analyze market activity, place trades, and integrate automated systems thanks to this powerful platform's convenient workspace (Expert Advisors). Everything you need to begin trading on the financial markets, including all of the above features, is available in a single, convenient interface.

Educational Resources

Aside from trading tools and the MT5 trading platform, V2FX also provides limited educational resources to help traders quickly acquaint themselves with the forex trading, which include New and Trade Ideas, Forex Trading Webinars.

Customer Support

V2FX claims to offer 24 x 7 customer support. Traders can reach out to V2FX about any questions or concerns they may have about their accounts or their trading through the following methods:

Telephone: +44 2476981024

Email: support@v2fxlive.com

Registered Company Address: 71-75 Shelton Street, London, Greater London, United Kingdom, WC2H 9JQ

Or you can follow this brokerage house on some social media platforms, such as Facebook, Twitter, Instagram, Linkedin, Youtube, etc.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

User Reviews

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行云ai流水
more than one year
The spreads are incredibly high, making them uncompetitive compared to other brokers that offer raw spreads. Trading instruments are very extensive. There are many account types to choose from, and educational resources are extremely rich. But the broker seems to have forgotten to mention the deposit and withdrawal methods.
2022-12-01 10:48
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FX1067475175
more than one year
Having a pleasant trading experience on this platform. Since this broker is relative young, it stresses the service quality, professional customer support, moderately acceptable minimum deposit… everything seems so perfect. Recommend!
2022-11-30 15:10
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