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Score
Saint Lucia
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
Add brokers
Comparison
Quantity 2
Exposure
Score
Regulatory Index0.00
Business Index3.46
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Vortex FX LTD
Company Abbreviation
Vortex FX
Platform registered country and region
Saint Lucia
Company website
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
Vortex FX Review Summary | |
Founded | 2017-05-11 |
Registered Country/Region | Saint Lucia |
Regulation | Unregulated |
Market Instruments | Commodities, Indices, Metals, Stocks, Bonds, and Cryptocurrency (CFD) |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | From 0 pips |
Trading Platform | MT4, MT5, and WebTrader |
Min Deposit | $200 |
Customer Support (24/7) | Telegram, Facebook, Instagram |
+1 (758) 572-0669/0800-048-8467 | |
support@vortexfx.com |
Vortex FX is a trading platform registered in Saint Lucia, offering the trading of various assets such as stocks, cryptocurrencies, and foreign exchange. It features spreads as low as 0.0 pips. Vortex FX also provides MetaTrader 4 and MetaTrader 5 trading terminals. Meanwhile, it offers a variety of payment methods, supports instant deposits and fast withdrawals, has no commissions, and also has a 30-day free trial.
Pros | Cons |
Various trading instruments | Unregulated |
Spreads as low as 0.0 pips (EUR/USD, 0.1 pips) | Untransparent Regulatory information |
Leverage up to 1:500 | High potential risk |
MT4 and MT5 available | Trading time restrictions for some products |
Vortex FX is unregulated. Vortex FX has published its company license number (No. 13 - 10 / 203 (23)) and registration number (2023 - 00517) on its official website and provided office locations in Spain and Saint Lucia. However, its regulatory information lacks detailed explanations of regulatory authorities and the display of regulatory documents.
Vortex FX offers a rich and diverse range of market trading instruments, including 61 foreign exchange currency pairs, over 2,100 large-cap stock CFDs, covering top exchanges such as the ASX, NASDAQ, and NYSE. Cryptocurrency trading covers more than 40 popular digital assets, including Bitcoin and Ethereum. There are also 25 global index CFDs and more than 20 commodity CFDs, covering energy, metals, and agricultural products. For conservative investors, Vortex FX provides 9 bond CFDs.
Tradable Instruments | Supported |
Forex | ✔ |
Stock CFDs | ✔ |
Index CFDs | ✔ |
Cryptocurrencies | ✔ |
Commodity CFDs | ✔ |
bond CFDs | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Vortex FX offers a variety of account types, including the Raw Spread account, the Standard account (with commission), and the Standard account (without commission).
Raw Spread | Standard (with commission) | Standard (without commission) | |
Spread Range | Starting from an average of 0.1 pips | Starting from 0.0 pips | Starting from 0.8 pips |
Commission Standard | $3.5 per lot (one-way) | $6 per lot (round-trip) | No commission |
Suitable Trading Strategies | Algorithmic trading/Scalping trading | Day trading/Scalping trading | Independent trading |
Other Features | Ultra-low spreads | Zero starting spread | Commission-free structure |
Vortex FX offers spreads as low as 0.0 pips for some products, and the average spread for EUR/USD is only 0.1 pip. The commission policy varies depending on the account type and trading platform: The Raw Spread account on MetaTrader 4 charges commissions based on the account currency and the number of lots traded. In contrast, on the cTrader platforms, a fixed commission of $3 is charged for every $100,000 of trading volume in foreign exchange and metal transactions. International banking institutions may charge intermediate fees.
Vortex FX offers a maximum leverage of 1:500, allowing traders to control larger trading positions with a relatively small amount of capital, thus improving the utilization rate of funds. However, while high leverage can amplify profits, it also magnifies the risk of losses.
Vortex FX provides three major professional trading platforms: MT4 (with a spread of 0.0 pips and a leverage of 1:1000) supports high-frequency trading; MT5 (with a spread of 0.0 pips and a leverage of 1:500) is equipped with algorithmic trading tools; WebTrader doesn't require downloading and supports full-featured web-based trading, meeting various trading needs.
Trading Platform | Supported | Available Devices | Suitable for |
MetaTrader 4 | ✔ | Web, iPhone/iPad, Android, and Mac | beginner |
MetaTrader 5 | ✔ | Web, iPhone/iPad, Android, and Mac | Experienced Traders |
WebTrader | ✔ | Web | All |
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