Score
United States
|
2-5 years
| https://vertexfxmkts.com/
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
United States
vertexfxmkts.com United StatesNote: VertexFxMkts's official website: https://vertexfxmkts.com/ is currently inaccessible normally.
| VertexFxMktsReview Summary | |
| Founded | 2022 |
| Registered Country/Region | United States |
| Regulation | No regulation |
| Market Instruments | Currency Pairs, Commodities, Cryptocurrencies |
| Account Type | Basic, Bronze, Silver, Gold, Platinum |
| Leverage | Up to 1:5000 |
| Spread | 0.5-3.3 pips |
| Min Deposit | $500 |
| Payment Methods | Bitcoin, Litecoin, Ethereum, Payeer, Perfect Money |
| Customer Support | Email: Support@VertexFxMkts.com |
| Physical Address: 60 Laight St #A, New York, NY 10014 United States | |
VertexFxMkts, founded in 2022, is a brokerage registered in the United States. The trading instruments it provides cover currency Pairs, commodities, cryptocurrencies. But it is unregulated.
| Pros | Cons |
| Offers diverse market instruments | Unregulated |
| High maximum leverage | High min deposit |
| Low spreads | Limited customer support options |
| 5 types of accounts offered |
It is clear that VertexFxMkts is currently unregulated. The Whois website shows that the registration date of this dealer is 2022-12-25.
VertexFxMkts offers traders the opportunity to trade currency pairs, commodities, cryptocurrencies.
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ❌ |
| Bonds | ❌ |
| Derivatives | ❌ |
| Futures | ❌ |
| Options | ❌ |
VertexFxMkts offers 5 different types of accounts to traders - Basic, Bronze, Silver, Gold, Platinum.
| Account Type | Minimum Deposit | Leverage | Spreads |
| Basic | $1000 | Up to 1:100 | Starting from 3.3 pips |
| Bronze | $10000 | Up to 1:200 | Starting from 2.5 pips |
| Silver | $25000 | Up to 1:400 | Starting from 1.8 pips |
| Gold | $50000 | Up to 1:1000 | Starting from 1.0 pips |
| Platinum | $100000 | Up to 1:5000 | Starting from 0.5 pips |
VertexFxMkts's spreads is 0.5 pips for Platinum Account, 1.0 pips for Gold Account, 1.8 pips for Silver Account, 2.5 pips for Bronze Account, 3.3 pips for Basic Account. But there is no information about commissions.
VertexFxMkts's leverage is different for different accounts. The minimum leverage is 1:100. The maximum leverge is 1:5000, which is high. But high leverage means high risks.
The broker offers 5 types of deposit and withdrawal methods - Bitcoin, Litecoin, Ethereum, Payeer, Perfect Money. The minimum deposit is $1000. But there is no more information about fees.
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Erik Bakker
Australia
Spreads widen during volatile market conditions. Typical for most brokers.
Neutral
Raphaël Durand
France
2 months in with this broker's Bronze account, and guess what, the spreads ain't exactly what I expected. They can get crazy high sometimes...Gotta figure out what to do next. Maybe it's time to explore other options... 🙃
Neutral
uhwh
Pakistan
When I started dealing I got a call from a staff member who said he was my personal contact and would be for a couple of months while I got used to trading. He was helpful but when I later tried to contact him he was never available.
Neutral
Claudine Pendleberry
New Zealand
I gotta keep it real about VertexFxMkts – they got some issues. While they claim to be trusted and regulated, the actual details about their regulatory status are a bit murky. The 24/7 customer support ain't always as responsive as they claim, and sometimes it feels like you're left in the dark. Also, their emphasis on becoming an expert in a short time seems a bit overpromising. And let's talk about Bitcoin – yeah, they accept it, but the $100 sign-up bonus they boast about is more like a carrot on a stick. Just be cautious before diving in, and maybe consider other options.
Neutral
Aloysius Rockwell
Philippines
I've been using VertexFxMkts for a while now, and overall, it's been a pretty solid experience. The fact that they are trusted and regulated gives me confidence in their reliability. The process of depositing and withdrawing funds is quick and hassle-free, and their emphasis on risk management is a plus. The 24/7 customer support is handy when you need assistance, and they provide various learning resources, including live seminars and tutorials for traders at different skill levels. The stats with 5+ years in the game, over 10,893 active clients, and 30,619 withdrawals do speak volumes about their track record. With 105+ assets available for trading, they offer a decent variety.
Neutral
FX1357267361
United States
A trading company that teaches FX trading to their clients like they are 5 years old. Easy, no ambiguity and very professional at best. Impeccable customer service, conducive and work-friendly environment, proficient personnel and management.
Positive