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VistaForex

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://vistaforex.com/en

Website

Rating Index

Contact

(+1) 201 366 3356
support@vistaforex.com
https://vistaforex.com/en

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

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Contact number

English

(+1) 201 366 3356

Broker Information

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Company Name

VistaForex

Company Abbreviation

VistaForex

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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VistaForex · Company Summary

General Information & Regulation

VistaForex is an online broker, registered in Saint Vincent and Grenadines. VistaForex is not subject to any regulation. Traders should straight away that SVG-registered brokers arent licensed even formally, which leaves them free to conduct business as they see fit. So, no wonder most of them are running investment scams.

Market Instruments

Tradable financial instruments available on the VistaForex platform include forex currency pairs, commodities, indices, stocks.

Minimum Deposit

You may open a live trading account with $100, which isnt a high entry threshold. And yet, since VistaForex is unregulated, offshore broker with virtually zero credibility, traders should stay away from it.

Leverage

The leverage with VistaForex is very high, reaching 1:1000. If you are keen on trading with leverage levels that high, youd better do that with legit brokers, because trading on margin involves significant risk of loss.

Spreads & Commissions

The EUR/USD cost of trade is said to be starting from 1 pips, and the platform gave us a EUR/USD spread of 1.5 pips, which on the upper end of average.

Trading Platform Available

VistaForex offers its clients the renowned MetaTrader5 (MT5).This is indeed one of the best forex trading platforms, and lots of brokers support it.And given that VistaForexs credibility is bordering zero, traders should stay away from this broker.

Deposit & Withdrawal

VistaForex says to accept credit cards, bank wire, various e-wallets like Skrill, Neteller, PayPal, Perfect Money, as well as Bitcoin, Ethereum and Bitcoin cash.

Customer Service

User Reviews

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2

Comments

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FX1375600221
more than one year
My browser warns me that VistaForex is a scam. I think it's not without reason. All in all, I wouldn't invest here just to be on the safe side. I think the most important thing is safety, if your money is cheated, what's the point of other trading conditions, no matter how competitive they might be.
2023-03-17 18:37
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FX1302536006
more than one year
VistaForex is registered with Saint Vincent and the Grenadines. As far as I know, there are many scam companies registered in this place. And the website of this company has expired. I guess it's a scam company.
2023-03-01 16:06
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