VTradeFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-12 11:51

Abstract：Based in UK, VTradeFX is an unregulated forex broker that was established in 2024. VTradeFX provides various financial products to trade via the MT4 and MT5 platform, including forex, indices, commodities and stocks. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $200.

VTradeFXReview Summary
Founded	2024
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, indices, commodities and stocks
Demo Account	✅
Leverage	Up to 1:200
Spread	From 0.5 pips (Standard account)
Trading Platform	MT4, MT5
Min Deposit	$200
Customer Support	Tel: +4412 2526 0966
	Email: info@vtradefx.com
	Address: 17 Cavendish Square, London W1G 0PH

　　Based in UK, VTradeFX is an unregulated forex broker that was established in 2024. VTradeFX provides various financial products to trade via the MT4 and MT5 platform, including forex, indices, commodities and stocks. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $200.

Pros and Cons

Pros	Cons
Various trading options	Short operating history
Demo accounts	Not regulated
Multiple account types	High minimum deposit
MT4 and MT5 supported	Limited payment options
	Withdrawal fees charged for Bitcoin

Is VTradeFX Legit?

　　No, VTradeFX is not regulated by any reputable financial body. Please be aware of the risk!

What Can I Trade on VTradeFX?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　VTradeFX offers six accounts to choose from, including Standard, Islamic, Silver, GOLD, Platinum and VTFX VIP accounts. Accepted currencies are EUR, USD, and INR.

Account Type	Min Deposit
Standard	$200
Islamic	$200
Silver	$2,500
Gold	$5,000
Platinum	$10,000
VTFX VIP	$50,000

　　Besides, it also sets up demo accounts for traders to practice trading with virtual credit.

Leverage

　　VTradeFX provides leverage up to 1:200 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

　　VTradeFX offers a range of spreads across its account types, from 0.03 to 2 pips.

Account Type	Spread
Standard	From 0.5 pips
Islamic	From 2 pips
Silver	From 0.4 pips
Gold	From 0.2 pips
Platinum	From 0.1 pips
VTFX VIP	From 0.03 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	PC, Mac, mobile and tablet	Experienced traders
MT4	✔	PC, Mac, mobile and tablet	Beginners

Deposit and Withdrawal

　　VTradeFX accepts Credit card, Bank transfer and Bitcoin as payment methods. VTradeFX charges withdrawal fees based on the chosen method.

Payment Option	Min Withdrawal	Fee	Processing Time
Bitcoin	$10	Fixed fee of $3 + 3% of the amount	Instant
Bank transfers, credit card	$100	❌	Up to 2 business days