VVEX Corp
Pros and Cons
Pros
- Diverse range of trading instruments including forex, commodities, indices, stocks, and cryptocurrencies
- Multiple account types tailored for different trader needs
- Competitive spreads starting from 0.5 pips on major pairs
- High leverage options of up to 1:400
- Accessible trading platforms including web, desktop, and mobile versions
Cons
- Unregulated status with no oversight
- Potential withdrawal issues reported by users
- High minimum deposit requirement of $60
- 5% deposit fee on total amount
- Limited educational resources for traders
Basic Information
User Reviews
VVEX Corp Overview
VVEX Corp, established in 2018 and based in the Bahamas, operates as a forex broker with a focus on providing access to various trading instruments. While the company has been in operation for a period of 1-2 years, it is important to note that VVEX Corp is unregulated, which may pose certain risks for potential traders. The broker’s official website can be found at https://www.wikifx.com/en/dealer/4247655709.html, offering traders a means to explore its services further.
The business scope of VVEX Corp includes a wide array of trading options, such as forex and cryptocurrencies, allowing traders to diversify their portfolios. The broker provides access to two trading platforms, featuring essential tools and functionalities tailored for both novice and experienced traders. Customer support is available through multiple channels, ensuring assistance is accessible. Despite its unregulated status, VVEX Corp aims to differentiate itself by offering a range of trading products and features that may appeal to traders looking for variety in their trading activities.
Is VVEX Corp Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Not Applicable | Bahamas | None |
Is VVEX Corp Regulated and How Are Client Funds Protected?
VVEX Corp is not regulated by any recognized financial authority. This unregulated status presents various risks for traders, including a lack of investor protection and a higher potential for fraudulent activities. Without oversight from a regulatory body, clients may face challenges in safeguarding their funds and ensuring fair trading practices. It is crucial for potential traders to be aware of these risks when considering VVEX Corp for their trading activities.
Trading Products and Services
What trading instruments does VVEX Corp offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
VVEX Corp offers a diverse range of trading instruments across multiple asset categories, including forex, commodities, indices, stocks, and cryptocurrencies. This variety allows traders of all levels, from beginners to professionals, to engage in different trading strategies tailored to their individual preferences and risk appetites. With access to a broad selection of products, traders can effectively diversify their portfolios, which is essential for managing risk and optimizing returns in dynamic markets. The flexibility provided by VVEX Corp’s offerings supports a wide array of trading approaches, making it an appealing option for those looking to explore various market opportunities.
Account Types and Trading Conditions
What Account Types and Fees Does VVEX Corp Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Agent Account | Experienced traders | Leverage up to 1:400, higher liquidation level (up to 30%), dedicated account manager | Best for traders requiring personalized support |
| Individual Account | Retail traders | Negative balance protection, super-fast execution (<0.0004 seconds), supports multiple currencies, financial insurance up to $1,000,000 | Suitable for traders seeking security and efficiency |
| Demo Account | Beginners and practice traders | Access to trading platforms without financial risk | Ideal for those looking to practice trading strategies |
Account Opening Process
To open an account with VVEX Corp, prospective clients must follow a straightforward process. Firstly, they will need to submit personal information, including their name, email, and phone number. Next, employment and financial information are required to assess the trading profile. Additionally, identity verification is a critical step, which includes providing a government-issued ID and proof of address. This ensures compliance with basic security measures. VVEX Corp allows for flexibility in account management, meaning clients can upgrade to a professional account later if they meet specific criteria.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | 0.5 | $0 | Competitive spreads for major currency pairs |
| CFDs (Stocks, Indices, Commodities) | Varies | $X per lot | Dependent on the specific asset |
| Cryptocurrencies | Varies | $Y per transaction | Fees may fluctuate based on market conditions |
Other Fees
VVEX Corp may impose additional fees that traders should be aware of, including deposit and withdrawal fees, which apply to the methods used. There could also be inactivity fees for dormant accounts. Platform usage fees may be applicable, along with overnight interest for positions held beyond a trading day (swap rates). Currency conversion fees may arise when trading assets in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does VVEX Corp Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| Web Version | Windows, macOS | Login security (encryption), market search (symbol lookup), one-click trading, price alerts | Demo account |
| Desktop Version | Windows, macOS | Multiple order types, order history, technical indicators | Demo account |
| Mobile App | iOS, Android | Secure login (biometrics), push notifications, fast execution | Demo account |
VVEX Corp offers a range of trading platforms that cater to different trader preferences. The web version is accessible from both Windows and macOS, providing essential trading features and a secure environment. The desktop version enhances the trading experience with advanced tools suitable for comprehensive analysis. For those on the go, the mobile app allows convenient access to trading activities, ensuring secure logins and real-time alerts. Each platform supports demo accounts, enabling users to practice their strategies without financial risk. Overall, VVEX Corp’s platforms prioritize security, efficiency, and accessibility for traders.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min 100, Max 10,000 | USD, EUR |
| Credit/Debit Card | Instant | No platform fee | Min 50, Max 5,000 | USD, EUR |
| E-wallets (e.g., Skrill, Neteller) | Instant | 1.5% charge | Min 50, Max 10,000 | USD, EUR |
Minimum Deposit
VVEX Corp requires a minimum deposit of $50 to open an account. This amount is consistent across all payment methods and account types.
How to Withdraw
- Log in to your VVEX Corp account.
- Navigate to the ‘Withdrawal’ section of the platform.
- Select your preferred withdrawal method from the available options.
- Enter the withdrawal amount within the limits specified.
- Confirm your withdrawal request.
- Monitor the status of your withdrawal in your account dashboard.
Customer Support
VVEX Corp Customer Support Overview
Support Channels
VVEX Corp provides multiple support channels for customer assistance, including:
- Email: Customers can reach out via support@vvexts.com for inquiries and support.
- Live Chat: A live chat option is available on the website for real-time assistance.
- Telephone: Customers can contact support at +44 7386 753032 for immediate help.
- Social Media: Support may also be accessible through social media platforms, although specific accounts are not mentioned.
Service Availability
Customer support is available during standard business hours, though specific hours are not detailed. Multilingual support might be available, catering to a diverse client base, but the exact languages offered are not specified.
Frequently Asked Questions
VVEX Corp is not regulated by any recognized financial authority. This unregulated status presents various risks for traders, including a lack of investor protection and a higher potential for fraudulent activities.
VVEX Corp offers a diverse range of trading instruments across multiple asset categories, including forex, commodities, indices, stocks, and cryptocurrencies. This variety allows traders to engage in different trading strategies tailored to their preferences.
Due to VVEX Corp’s unregulated status, there are no fund protection measures in place. Potential traders should be aware of the risks involved, as the lack of oversight can lead to challenges in safeguarding funds and ensuring fair trading practices.
VVEX Corp offers multiple customer support channels, including email, live chat, and telephone support. Customers can reach out via email at support@vvexts.com or call +44 7386 753032 for assistance.
Best Bahamas Forex Brokers & Reviews (2026)
Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.