Abstract：VANEX LIMITED is a broker regulated by Vanuatu Financial Services Commission (VSFC), with the Retail Forex License (No. 41695). It should be noted that the mentioned license is an offshore regulatory, please be aware of the risk!
General Information& Regulation
VANEX LIMITED is a broker regulated by Vanuatu Financial Services Commission (VSFC), with the Retail Forex License (No. 41695). It should be noted that the mentioned license is an offshore regulatory, please be aware of the risk!
VANEX provides investors with a range of financial instruments, including Forex currency pairs, futures (OTC), precious metals and indices.
The maximum leverage is 1:500, a ratio thats dangerous for retail traders. Leverage amplifies potential profits, but it also immensely boosts risks.
VANEX charges users a certain amount of spread during the trading process, but it does not elaborate much on this on its website, only describing spreads as low as 0.1 pips.
VANEX offers its clients access to the world's financial markets via the MetaTrader 5 (MT5) platform, which is used by millions of traders worldwide and supports both PC and mobile use.
VANEX doesnt spell out the funding methods accepted, but judging by the T&Cs, the available options are Credit/Debit cards, Wire Transfers, Bitcoin and some e-wallets..
Users can contact VANEX for inquiries through a variety of channels, including Facebook, Twitter, Instagram and other social media. Customer support is available 24/7.
VANEX does not specify which countries it accepts traders from, but the company notes that it does not offer its services to residents of USA, Japan, Brazil and European Union.
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