Score

1.05 /10
Danger

Vortex FX

Saint Lucia

Within 1 year

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Quantity 2

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Score

Regulatory Index0.00

Business Index3.46

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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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

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Warning: Low score, please stay away! 2
Previous Detection : 2025-05-08
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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Vortex FX · Company summary
Vortex FX Review Summary
Founded2017-05-11
Registered Country/RegionSaint Lucia
RegulationUnregulated
Market InstrumentsCommodities, Indices, Metals, Stocks, Bonds, and Cryptocurrency (CFD)
Demo Account
LeverageUp to 1:500
SpreadFrom 0 pips
Trading PlatformMT4, 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 Information

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 and Cons

Pros Cons
Various trading instrumentsUnregulated
Spreads as low as 0.0 pips (EUR/USD, 0.1 pips)Untransparent Regulatory information
Leverage up to 1:500High potential risk
MT4 and MT5 availableTrading time restrictions for some products

Is Vortex FX Legit?

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.

unregulated
unregulated

What Can I Trade on Vortex FX?

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

Account Type

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 SpreadStandard (with commission)Standard (without commission)
Spread RangeStarting from an average of 0.1 pipsStarting from 0.0 pipsStarting from 0.8 pips
Commission Standard$3.5 per lot (one-way)$6 per lot (round-trip)No commission
Suitable Trading StrategiesAlgorithmic trading/Scalping tradingDay trading/Scalping tradingIndependent trading
Other FeaturesUltra-low spreadsZero starting spreadCommission-free structure

Vortex FX Fees

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.

Leverage

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.

Trading Platform

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 PlatformSupported Available Devices Suitable for
MetaTrader 4Web, iPhone/iPad, Android, and Macbeginner
MetaTrader 5Web, iPhone/iPad, Android, and MacExperienced Traders
WebTraderWebAll
 platforms

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FX2136927066
0-3months
I have been with Vortex FX since Dec on a low risk automated strategy and was in profit just shy of 20% by the end of Feb. I withdrew half of the profit and received it the same day.. Im not sure what the comments below are referring to. Do you have your own personalised broker? If not maybe request one as mines a great help
I have been with Vortex FX since Dec on a low risk automated strategy and was in profit just shy of 20% by the end of Feb. I withdrew half of the profit and received it the same day.. Im not sure what the comments below are referring to. Do you have your own personalised broker? If not maybe request one as mines a great help
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2025-03-04 22:38
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FX2136927066
0-3months
After doing my research and tracking the strategy for a month prior to investing I dipped my toe in the water with $2000 and received the same amount in a sign up bonus. my account currently sits on just over 10% profit which im really happy with. My broker is always available even on he's whattsapp to answer any questions that I have. So far very happy
After doing my research and tracking the strategy for a month prior to investing I dipped my toe in the water with $2000 and received the same amount in a sign up bonus. my account currently sits on just over 10% profit which im really happy with. My broker is always available even on he's whattsapp to answer any questions that I have. So far very happy
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2025-03-26 19:26
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