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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

VOFX

New Zealand New Zealand | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://ssl.vofx.com/

Website

Rating Index

Contact

https://ssl.vofx.com/

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 4
5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
New Zealand
Operating Period
5-10 years
Company Name
VOFX Brokers
Abbreviation
VOFX
Employees
--
Email
service@vofx.com
Company Website
About Us
Wiki Q&A
Comment

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Official Website

Company Profile

Company Profile

Review summary

Note: VOFX's official website: https://ssl.vofx.com/ is normally inaccessible.

VOFX Information

VOFX is an unregulated brokerage company registered in New Zealand. While the broker's official website has been closed, so traders cannot obtain more security information.

Is VOFX Legit?

Is VOFX Legit?
Financial Service Providers Register(FSPR)
Current StatusSuspicious Clone
Regulated by New Zealand
License TypeFinancial Service Corporate
License No.551866
Licensed InstitutionPROSPERITY INTERNATIONAL FINANCE LIMITED
Is VOFX Legit?

VOFX is authorized and regulated by the Financial Service Providers Register(FSPR), the current status is Suspicious Clone, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Downsides of VOFX

  • Unavailable Website

The website of VOFX is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since VOFX does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

The FSPR regulates VOFX. However, the Suspicious Clone status is less safe than a regulated one.

  • Scam

According to a report on WikiFX, a user encountered significant difficulties with induced fraud. The issue remained unresolved despite the request being pending for a long time.

Negative VOFX Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative VOFX Reviews on WikiFX

Currently, there is only one piece of VOFX exposure in total.

Exposure. Scam

ClassificationScam
Date2020-01-19
Post CountryHong Kong, China

You may visit: https://www.wikifx.com/en/comments/detail/202001193112280411.html.

Conclusion

VOFX Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is VOFX safe and reliable?

No. According to WikiFX data, VOFX is not considered a safe or reliable broker for retail forex trading. It holds a comprehensive WikiFX score of 1.61 out of 10, which is extremely low. Crucially, the entity operates with no valid, recognized regulatory oversight for forex activities, resulting in a high-risk profile where client funds are not protected under standard financial compensation schemes. Public user exposure highlights difficulties with fund withdrawals, which is a significant concern.

In a week
United States

Is VOFX regulated?

No. VOFX is classified as an unregulated broker for retail forex and CFD trading. WikiFX assessment indicates it holds no valid licenses from major global regulators such as the FCA, ASIC, or CySEC. The broker is registered in New Zealand, and while an entity is listed on the Financial Service Providers Register (FSPR), that registration is designated for currency exchange (MSB) and is marked as 'Unverified' for forex brokering, providing no credible investor protection.

In a week
United States

What is the minimum deposit of VOFX?

VOFX does not publicly disclose its minimum deposit requirements. This lack of transparency makes it difficult for prospective clients to assess the initial capital commitment needed to open an account.

In a week
United States

Does VOFX support MT4 or MT5?

There is no clear information on VOFX's official website or in WikiFX's assessment indicating support for industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The trading software environment for this broker remains unspecified, which is a significant drawback for traders who rely on these platforms' tools and stability.

In a week
United States
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