Vakif FX

WikiFX | 2024-11-19 15:43

Abstract：Vakif FX is a broker. The tradable instruments include forex and CDFs on commodities, indices, and more. The broker also provides standard and premium accounts with a minimum spread of 0.8 pip. Vakif FX is still risky due to its unregulated status, along with unspecific fees and account data information.

Vakif FXReview Summary
Founded	2012-02-29
Registered Country/Region	Turkey
Regulation	Unregulated
Market Instruments	Forex and CDFs(on commodities/indices/metals)
Demo Account	❌
Leverage	/
Spread	From 0.8 pip
Trading Platform	MT4(PC/Desktop/iPhone/iPad/Android)
Min Deposit	/
Customer Support	Phone: (0850)222 7772
	Email: musterihizmetleri@vakifyatirim.com.tr
	Fax: (212)352 36 20
	Social Media: Facebook, Twitter, Instagram

Vakif FX Information

Vakif FX is a broker. The tradable instruments include forex and CDFs on commodities, indices, and more. The broker also provides standard and premium accounts with a minimum spread of 0.8 pip. Vakif FX is still risky due to its unregulated status, along with unspecific fees and account data information.

Pros and Cons

Pros	Cons
Spread as low as 0.8 pip	Unregulated
MT4 available	Demo account unavailable
Various trading instruments	Unspecific fees and account data information

Is Vakif FX Legit?

Vakif FX is not regulated, making it less safe than regulated brokers.

What Can I Trade on Vakif FX?

Traders can choose different investment directions because the broker provides forex and CDFs on commodities, indices, and more.

Tradable Instruments	Supported
Forex	✔
CDFs	✔
Stocks	❌
Cryptocurrencies	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

Vakif FX provides Standard and Premium accounts. However, apart from spread traders, they do not get more data information such as commissions, leverage, etc.

Account Type	Supported
Standard	✔
Premium	✔

Vakif FX Fees

The spread is from 0.8 pip, while the lower the spread, the faster the liquidity. Vakif FX also provides swap-free products.

Trading Platform

Vakif FX has an authoritative MT4 trading platform available on PC, Desktop, iPhone, iPad, and Android. MT4 not only provides various trading strategies but also implements EA systems.

Trading Platform	Supported	Available Devices
MT4	✔	PC/Desktop/iPhone/iPad/Android

Deposit and Withdrawal

Deposit and withdrawal through the Dollar and Turkish Lira account at Vakifbank during the day before 16:00.

Customer Support Options

Traders can contact Vakif FX via phone, email, and fax and follow the broker through Facebook, Twitter, and Instagram.

Contact Options	Details
Phone	(0850) 222 7772
Email	musterihizmetleri@vakifyatirim.com.tr
Fax	(212)352 36 20
Social Media	Facebook, Twitter, Instagram
Supported Language	Turkish
Website Language	Turkish
Physical Address	Akat Mahallesi Ebulula Mardin Caddesi No:18Park Maya Sitesi F-2/A Blok Besiktas 34335 ist anbul