Score
Vextrader
Germany|5-10 years| https://vextrader.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Germany
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Vextrader also viewed..
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Website
vextrader.com
Server Location
United States
Website Domain Name
vextrader.com
Server IP
104.31.69.60
Company Summary
| Vextrader | Basic Information |
| Founded in | 2-5 years |
| Registered in | Germany |
| Regulation | Not Regulated |
| Tradable Assets | Forex,metal,crude oil, indicies, shares CFDs |
| Account Types | Matrix,prism,paladin |
| Customer Support | Phone:+1 64749 87871Social media: Facebook,Instagram,Instagram,InstagramEmail: support@vextrader.com |
| Offical website | Inaccessible |
Overview of Vextrader
Vextrader, founded 2-5 years ago, is registered in Germany but operates without regulatory oversight. The platform offers a range of tradable assets, including forex, metals, crude oil, indices, and shares CFDs. It provides three account types: Matrix, Prism, and Paladin. Customer support is accessible via phone, email, and social media platforms like Facebook and Instagram. However, the official website is currently inaccessible, which may affect user trust and access to information.
Pros and Cons
Vextrader offers several advantages, including a diverse range of tradable assets, multiple account types, and accessible customer support. However, it operates without regulatory oversight, raising significant concerns about its safety and reliability. Additionally, as a relatively new platform, it lacks a long track record, which may deter potential investors. The combination of being unregulated and relatively new introduces a higher potential risk, necessitating thorough due diligence for prospective users.
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Regulation: Is Vextrader legit？
Vextrader operates without any regulation, which raises significant concerns about its legitimacy and the safety of user funds. The absence of regulation means that Vextrader is not subject to the stringent standards and protections typically enforced by financial authorities. This lack of regulatory compliance increases the risk of potential fraud and unreliable trading practices, making it essential for potential users to exercise caution and conduct thorough due diligence before engaging with the platform.
Market Instruments
Vextrader offers a wide range of market instruments, providing access to over a hundred CFD financial instruments, including forex, precious metals, crude oil, indices, and shares. The platform features ultra-tight spreads on major currency pairs such as EUR/USD, USD/JPY, and GBP/USD, as well as a variety of other currency pairs, including majors, crosses, and exotics. This diverse selection allows investors to execute trades on a single platform, offering ample opportunities to capitalize on different market conditions.
Account Types
Vextrader offers three distinct account types: Matrix, Prism, and Paladin. The Matrix account employs a profitable strategy based on Forex fundamental analysis for trading the news, aiming for high annual profits with low risk and minimal monthly trades. This account has achieved cumulative profits of 2614% and an average monthly profit of 7.669% since its inception in April 2015. The other two account types, Prism and Paladin, presumably offer different strategies and benefits. Each account type is designed to provide tailored investment opportunities for traders with different objectives.
Customer Support
Phone:+1 64749 87871
Social media: Facebook,Instagram,Instagram,Instagram
Email: support@vextrader.com
Conclusion
Vextrader is a Germany-registered trading platform offering a diverse range of assets including forex, metals, crude oil, indices, and shares CFDs. Despite its appealing features, such as multiple account types and comprehensive customer support, the platform operates without regulatory oversight, raising significant concerns about its legitimacy and user safety. Additionally, the inaccessibility of its official website further undermines trust. Prospective users should exercise caution and conduct thorough due diligence before engaging with Vextrader.
FAQs
What types of assets can I trade on Vextrader？
Vextrader offers a wide range of tradable assets, including forex, metals, crude oil, indices, and shares CFDs. This variety allows traders to diversify their investment portfolios and capitalize on different market opportunities.
What are the available account types on Vextrader？
Vextrader provides three account types: Matrix, Prism, and Paladin. The Matrix account focuses on a news-based fundamental trading strategy with high annual profits and low risk. Each account type is designed to cater to different trading strategies and risk preferences.
How can I contact Vextrader's customer support？
Vextrader offers customer support through multiple channels. You can reach them by phone at +1 64749 87871, via email at support@vextrader.com, and through social media platforms like Facebook and Instagram.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
News
News WIKIFX REPORT: Vextrader Group Partners with Liberty Markets on Liquidity Integration
The all-in-one financial platform for traders in the stock, cryptocurrency, futures, and FX markets, Liberty Markets, has introduced an API-powered interface with Vextrader, a worldwide registered broker supplier of foreign exchange, CFD trading, cryptocurrencies, and associated services.
2022-06-23 10:48
News WIKIFX REPORT: Vextrader Announces Growing Quarterly Profits Amidst World Ucncertainty
Despite the turmoil in the geopolitical and financial worlds, Vextrader, an international licensed brokerage service, reports increasing trading profits from January to March 2022 as compared to 2021.
2022-06-22 15:20
Review 11
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Review 11
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VexTrader Investor
Malaysia
I'm an investor based in Malaysia. Invested over a year ago. Introducer in Malaysia, C, who has invested a high sum of money herself while parading herself as a broker when approaching me, cannot do anything now that Vex has been revealed as a fraudulent broker. Introducer was approached by JFX, a group of people involved in forex trading, JFX leader is based in Vietnam although there are members in other countries. Vextrader offered an update around Aug-Sept 2022 they were facing liquidity issues. Their so called liquidity provider, libertymarkets.com, is just a fake front. The website has closed down and the advertised personnel on the website, Talha Dean & Reem Simon, are either non existent or fake names (e.g. I have checked with Mercury Capital Advisors, which is a company this Reem Simon person claims to have worked with, and they have confirmed Reem Simon did not work with them). Alleged partnerships on libertymarkets website nonexistent (I checked with etoro). Alleged licenses not available in Canada MSB database any longer. Vextrader sister sites, vexventures.com, vextrader.net have been closed down. Chat/Emails abandoned. Person or people behind vex trader have tried to divert accountability/attention to fake personalities they advertised on vexventures.com before closing the website down. To Vextrader reading this, if you are not a scam, please prove it by returning our funds. Your silence is complicity.
Exposure
2023-06-28
外匯新手
Taiwan
The official does not update anymore after September. The customer service does not reponse. It is really terrible.
Exposure
2022-10-19
小馬聯盟
Taiwan
The platform has been delaying the withdrawal funds for two months. People are gone and even the customer service did not reply. Taiwan JFX agent team group do not track this matter on the ground that it is completed.
Exposure
2022-10-18
小馬聯盟
Taiwan
The platform is unable to withdraw since the beginning of September. There have been weekly announcements that are being dealt with with mobile providers, but there is no exact point in time for resolution. There has been no update for two weeks. Last update stopped on 9/25. Officials have not responded to any information.
Exposure
2022-10-10
FX2448574693
Hong Kong
In the past two days, I have been tempted to deposit. The principal cannot be withdrawn, and the principal is 20,000 to 30,000. It is a sign of absconding
Exposure
2022-09-28
外匯新手
Taiwan
If you want to withdraw the trading profits, the background has been pending. The dealer has deleted the trading mt5 account and have been delaying, suspending deposits and withdrawals, and there is no schedule, they can only wait for the announcement on the official website.
Exposure
2022-09-26
kl0629
Taiwan
Unable to withdraw income and principal, even close customers' MT5 accounts without warning, only issue an announcement stating that they are dealing with problems with Liberty Markets, and close customers' MT5 accounts according to Liberty Markets' instructions. no description
Exposure
2022-09-24
BruceC
Taiwan
The official website has no early warning maintenance. It has been invested in for 3 months, and the network has not been withdrawn yet.
Exposure
2022-09-19
FX2006272822
Argentina
They have not wanted to enable my broker account to carry out the different operations. Everything is blocked and waiting for a solution to this problem, because what they are doing is leaving me with nothing
Exposure
2022-03-17
FX3068436341
Mexico
It does not load my dashboard to be able to observe my investment of $700. As a fraud company, just as the agent told me that they had gone bankrupt and that nothing could be done. I am afraid because I entered my data to be able to invest. I am afraid for that
Exposure
2022-02-15
FX1181805683
Germany
While my withdrawals are having issues I’ve withdrawn smaller amounts on other accounts and for them fine. So don’t trust this broker with big amounts of money.
Neutral
2022-12-19