Score
Vaanex
United Kingdom|2-5 years| https://www.vaanex.com/
Website
Rating Index
Contact
Licenses
Licensed Institution：VANEX LIMITED
License No.：41695
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
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
vaanex.com
Server Location
Singapore
Website Domain Name
vaanex.com
Server IP
34.87.173.5
Company Summary
General Information
Vaanex Group Company Limited (Vaanex) is a UK based online broker founded in 2010. The company mainly provides investors with financial instruments including stocks, commodities, and indices.
Regulatory Risk
It is important to note that although Vaanex claims to be an authorized and regulated broker by the Vanuatu Financial Services Commission (VFSC), it actually currently holds a license that is labeled as a cloned risk entity.
Accounts
Vaanex has three account types for investors to choose from, namely the PRO account (the minimum deposit of $1,000), the VIP account (the minimum deposit of $10,000) and the Diamond account (the minimum deposit of $20,000)
Leverage
The various account types are designed to meet different trading needs. Leverage of up to 1:500 is available for PRO and VIP accounts, while Diamond accounts are slightly lower at 1:100.
Commission
Vaanex charges different fees to different clients. Diamond accounts require a commission of $7 per lot, but the broker does not charge a commission for PRO and VIP accounts.
Trading Platform
Vaanex offers its clients access to the world financial markets through the MetaTrader 5 (MT5) platform, which is used by millions of traders around the world and supports both PC and mobile use.
Payment Methods
Vaanex does not disclose much information about deposits/withdrawals, but we can see from the unobtrusive part of its website that payment methods include PayPal, Neteller, Skrill and FasaPay.
Customer Support
Customers can contact Vaanex's team for inquiries via phone, live chat and email. Meanwhile, the official website of the trader shows support for 13 national languages.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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