Global Broker Regulation Inquiry App
About WikiFX

Score

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

ViTrade

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

https://www.vitrade.de/english

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Germany Germany 3.04
Surpassed 15.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+49 800 - 387 23 31
https://www.vitrade.de/english

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
Germany
Operating Period
5-10 years
Company Name
flatexDEGIRO Bank AG
Abbreviation
ViTrade
Employees
--
Trading Strategy
Business Region
Verified Site
About Us
Wiki Q&A
Comment

Users who viewed ViTrade also viewed..

VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
AVATRADE

AVATRADE

9.50
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
AVATRADE
AVATRADE
Score
9.50
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
GO Markets

GO Markets

8.98
Score
Above 20 yearsRegulated in AustraliaMarket Making License (MM)cTrader
GO Markets
GO Markets
Score
8.98
Above 20 yearsRegulated in AustraliaMarket Making License (MM)cTrader
Official Website
fpmarkets

fpmarkets

8.88
Score
ECN AccountAbove 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
fpmarkets
fpmarkets
Score
8.88
ECN AccountAbove 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
Search Sources
Target Language
Market Analysis
Ad Placement

Verified Site

Top Visitor Locations
GermanyGermany
  • vitrade.de
    217.145.106.167
    Server Location
    Germany Germany
    ICP Registration No.
    --
    Top Visitor Locations
    Germany Germany
    Creation Date
    --
    Website Name
    WHOIS.DENIC.DE
    Company
    DENIC EG

Company Profile

Company Profile

Review summary

General Information & Regulation

ViTrade, a trading name of Eine Marke der flatex Bank AG, is allegedly a broker based in Germany and regulated by the Federal Financial Supervisory Authority (BaFin), claiming to provide its clients with rich tradable products on the HTX, WebTrader and HTX mobile app trading platforms.

Market Instruments

ViTrade advertises that it offers an extensive range of trading instruments in financial markets, including shares, certificates, bonds, ETFs, ETCs, futures and warrants. Note that per order charges 5.95.

Trading Platform Available

When it comes to trading platforms available, ViTrade gives traders three choices: the professional HTX trading platform, the browser-based WebTrader and the HTX mobile app for iPad and iPhone. Whatever, we suggest you use MetaTrader4 or MetaTrader5 as the trading platform. As most traders know, the MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. The MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While the MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option.

image.png

Customer Support

ViTrades customer support can be reached by telephone: +498003872331. Besides, you can also follow this broker on some social media platforms like YouTube, Facebook and Twitter. However, this broker doesnt disclose other more direct contact information like email or the company address that most brokers offer.

Company Profile

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

Wiki Q&A

Is ViTrade safe and reliable?

Based on WikiFX data, ViTrade is not considered a safe or reliable broker. The entity presents a significant risk profile, as indicated by its WikiFX SkyEye score of 1.57, which reflects severe deficiencies in regulation, compliance, and overall operational safety. ViTrade operates with a 'No Regulation' status and holds an unverified license. This profile, coupled with reported user exposure concerning fund security, warrants extreme caution.

15h
United States

Is ViTrade regulated?

ViTrade operates without valid regulatory oversight. According to WikiFX data, the broker's regulatory status is classified as 'No Regulation'. The entity is associated with an unverified General Financial Services License from Germany's BaFin, held by a related holding company named flatexDEGIRO Bank SE. This license is not a direct authorization for ViTrade's forex trading operations, resulting in a complete lack of credible regulatory protection for client funds.

15h
United States

What is the minimum deposit of ViTrade?

Specific information regarding the minimum deposit requirement for opening an account with ViTrade is not publicly disclosed on its official channels. This lack of transparency regarding a fundamental account parameter is atypical of regulated brokers and adds to the overall opacity of its trading conditions.

15h
United States

Does ViTrade support MT4 or MT5?

Information regarding the trading platforms supported by ViTrade, including whether it offers MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not publicly specified. The availability of industry-standard platforms is a key consideration for traders, and this data gap further complicates the assessment of its service offering.

15h
United States
View More
Write a Review
2
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com