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Vital Markets
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GENERAL INFORMATION AND REGULATION
VitalMarkets is a forex broker. Vital Markets offers the MT4, MT5, MT Web Trader and Mobile forex trading top platform. VitalMarkets.com offers over 25 forex currency pairs, commodities, stocks, indices, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.
Vital Markets provides services and information on this site that are not aimed at citizens and/or residents of the USA. The information provided here is not proposed for distribution to or use by any jurisdiction where such distribution or use would be contrary to local law or regulation.
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. So Vital Markets is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
MARKET INSTRUMENT
Trade Forex, Crypto, Stocks & Commodities across an account that suits your needs.
ACCOUNT AND LEVERAGE
We are committed to providing the best trading conditions. Whether you are looking for a Demo or Live account, through our range of trading accounts you will find complete flexibility to suit your specific needs.
They give traders access to both micro and standard accounts with leverage of up to 1:500. Their terms and flexible trading conditions are designed to match the needs of both novice and experienced traders.
Micro account
Leverage up to 1:500
Typical spreads from 0.5 pips
Commission per lot $5.00
Minimum Deposit of $10.00
Maximum trade size of 1,000 lots
Minimum trade size of 0.01 lots.
ECN/TCN Accounts
Leverage up to 1:500
Typical spreads from 0.5 pips
Commission per lot $7.00 to $9.00 depending on the spreads.
Minimum Deposit of $10.00
Maximum trade size of 1,000 lots
Minimum trade size of 0.1 lots.
$0 Commission Account
Leverage up to 1:500
Higher Spreads
Minimum Deposit of $10.00
Maximum trade size of 1,000 lots
Minimum trade size of 0.1 lots.
VIP Account
Leverage up to 1:500
Very High spreads
Commission per lot $6.00
Minimum Deposit of $25,000
Maximum trade size of 1,000 lots
Minimum trade size of 0.01 lots.
Fixed Spread Account
Leverage up to 1:500
Typical spreads from 0.5 pips
Commission per lot $5.00
Minimum Deposit of $10.00
Maximum trade size of 1,000 lots
Minimum trade size of 0.01 lots.
SPREADS AND COMMISSIONS
They believe in providing trading costs with ultimate transparency. Access ultra-competitive spreads, as low as 0.1 pips.
TRADING PLATFORM AVAILABLE
The broker offers MetaTrader 4 $MetaTrader 5 as a well known and best trading platform as their trading platform too.
DEPOSIT AND WITHDRAWAL
Vital Markets places full control of your funds in your hands. They are committed to only working with top-tier liquidity providers. In doing so they provide payment methods that are most accessible for our traders. Trade global markets using Bitcoin as the source for your funds.
CUSTOMER SERVICE
The only available means of contacting their customer support are by submitting a ticket in their website or through Live Chat.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.