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The WikiFX Score of this broker is reduced because of too many complaints!

Vistabrokers

Cyprus|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://vistabrokers.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Cyprus 2.51

Surpassed 100.00% brokers

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Contact

+357 22 000 787
support@vistabrokers.com
https://vistabrokers.com/
Flat 302 131 Athalassas Avenue Strovolos 2015 Nicosia, Cyprus
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

+357 22 000 787

Broker Information

More

Company Name

Vistabrokers CIF Ltd

Company Abbreviation

Vistabrokers

Platform registered country and region

Cyprus

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Vistabrokers · Company Summary

General Information & Regulation

VistaBrokers is owned and operated by the VistaBrokers CIF Ltd. Vistabrokers CIF Ltd with registration number 311445 and registered office at Flat 302, 131 Athalassas Avenue, Strovolos, 2015, Nicosia, Cyprus is an Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) under license number [190/13]. VistaBrokers brand does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, the Occupied Area of Cyprus.

Markets Instruments

Tradable financial instruments offered by VistaBrokers include Currency pairs, as well as CFDs on Commodities , Indices, and stocks. Overall, trading insruments available on the VistaBrokers platform seems average, as some popular products like metals, oils, as well as cryptocurrencies are missing.

VistaBrokers Minimum Deposit

VistaBrokers offers three types of trading accounts: the Mini (minimum deposit of $100), Standard (minimum deposit of $500), and Pro (minimum deposit of $5,000). In addition, Vista Brokers also offers free demo accounts and swap-free accounts. The initial deposit required by this broker sounds quite reasonble for most regular traders to get started.

VistaBrokers Leverage

Trading leverage vary depending on different trading accounts. The maximum leverage level available for the Mini account is up to1: 1000, incredibly high. Traders who open a standard account can use the maximum leverage of up to 1:500. The pro Account offers the leverage of up to 1:100.

Spreads & Commissions

The minimum spread for all three accounts starts at 0.5 pips on EURUSD, but the commission charged varies. In addition to the spreads, the Mini account charges a $26 commission, the Standard account a $17 commission, and the Pro account a $9 commission. Overall, the transaction cost on the Vista Brokers platform is relatively high.

VistaBrokers Trading Platforms

Vistabrokers offers traders the popular MT4 trading platform, an internationally acclaimed trading terminal that offers a full range of trading tools and resources: more than 50 built-in technical indicators, advanced charting packages, various Expert Advisors (EAs), and a wide range of backtesting options for them. Traders can download ready-made or create their own EA and let the program do all the work.

Deposit & withdrawal

Vistabrokers supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, Skrill, Neteller, Alipay, China UnionPay, Maestro, Wire Transfer, DACCO.

Customer Support

In the last, the VistaBrokers customee suoport team can be reached through email, telephone,or directly visiting its office in Cyprus. Live chat support is not available, though it is regarded as the quickest way to get responded.

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User Reviews

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高山流水32173
more than one year
I tried to access Vistabrokers website but unfortunately it seems to be down or inaccessible. This is concerning as I have invested money with this company and now I cannot access my account or contact their customer support. I am worried that my funds might be in danger and that the company might have disappeared with my money.
2023-03-20 10:13
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0
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FX1312428408
more than one year
Vistabrokers is a horrible scam company and prevents me from withdrawing money even though I have made a profit. They asked me to pay high withdrawal fees, and they clearly stated that deposits and withdrawals were free before I deposited.
2023-03-07 15:00
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