VHG

WikiFX | 2024-08-05 18:37

Abstract：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.

Note: VHG's official website: https://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.

Broker Dealer Forex trading

Related broker

Website：http://www.vhgold.cn

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.55

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