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No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
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VH GOLD
VHG
China
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
- 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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VHG · Company Summary
Note: VHG's official website: http://www.vhgold.cn/is currently inaccessible normally.
VHG Information
VHG is an unregulated brokerage company registered in China. This firm focuses on precious metals trading with the popular MT4 platform. The minimum account capital is $5000, so it's not suitable for beginners.
Is VHG Legit？
VHG currently does not hold any valid regulatory certificates. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
Downsides of VHG
- Unavailable Website
VHG's official website is currently inaccessible. So maybe it's time to find another brokerage.
- Lack of Transparency
The lack of transparency about this firm's service and trading fees are the biggest drawback. This lack of transparency can really dampen investors' enthusiasm.
- Regulatory Concerns
VHG is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Trading Platform
VHG makes it easy to access your investment account. You can log in online or manage them through the MT4 mobile app. This platform is easy to use and navigate. It provides excellent tools for various price analysis and charting tools.
Customer Support
For any question you might have, help is available by online chat (QQ) or email (service@vhgold.cn).
Negative VHG Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are three pieces of VHG exposure in total. I will introduce 2 of them.
Exposure 1. Fraud platform
| Classification | Scam |
| Date | April 19, 2022 |
| Post Country | Hong Kong |
The user said that: do not trade at this fraud platform. He had lost 30000. You may visit: https://www.wikifx.com/en/comments/detail/202204198402570316.html
Exposure 2. Can not log in
| Classification | Scam |
| Date | August 1, 2020 |
| Post Country | Hong Kong |
The user said that both the fund and profit are unavailable. Now he even couldnt log in to his account. You may visit: https://www.wikifx.com/en/comments/detail/202008019762695832.html
Conclusion
Trading with VHG may undermine security as they have no valid regulatory certificates. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investments. When comparing brokerages, keep the potential risks firmly in mind.
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