ForexVox reviews

ForexVox_logo ForexVox 5/10 (votes 2372)

On-line since: 2019
Country of origin: United Kingdom
Regulation: Department for Control over the Activities of Financial Institutions
Payment options: Bank transfer, bank card, Neteller, PayPal, Skrill, SticPay, Trustl
Minimum account size: $100
Minimum lot size: 0.01 lot
Leverage: 1:1000
Spreads: 1.2

About company

ECN broker ForexVox was founded in 2019 in the United Kingdom. The regulatory body is the Department for Control over the Activities of Financial Organizations.

The broker considers its main advantages: profitable affiliate programs, widely available information and training used by large investment banks, several technological solutions, the availability of news analytical streams, training courses certified by large exchanges, the broker was created by traders for traders, the initial deposit is only $100, fully featured client portal, ultra-competitive prices, over 100 products to trade, fast execution, high liquidity, chats with industry experts, FSA regulated.

Trading conditions

The broker provides access to two types of trading accounts: Standard Account (minimum deposit $100, leverage up to 1:500), ECN Account (minimum deposit $500, leverage up to 1:500). The following assets are available for trading with the broker: Indices, Commodities, Precious Metals, Forex. To start trading, you need to register a trading account and make a minimum deposit of $100. The broker has a bonus system: 100% first deposit bonus, 10% floating deposit bonus, STICPAY bonus (only for clients of the STICPAY payment system). There are also affiliate programs: Introducing broker and MAM accounts. Among other things, there is a system of copying transactions and social trading. The company's website also has an educational section: a database of mentors and a Glossary.

Trading platforms

The broker is a partner of the MetaQuotes developer and provides its clients with the popular MetaTrader 4 trading platform. Clients can also use web terminals for trading through a browser and a mobile application.

Technical support

The customer service is available 24/5 and handles all requests via email support@forexvox.com. Also, customers can fill out the feedback box on the company's website, indicating their contact details.

Deposit/Withdrawal

Traders can fund their trading account or withdraw profits in the following ways: Bank transfer, bank card, Neteller, PayPal, Skrill, SticPay, Trustl.

Trader reviews

We managed to find quite a few negative reviews about this company. The main claims are: the difference between the declared trading conditions and the real ones, slow withdrawal of funds or the inability to withdraw funds.

Broker Advantages

  • Bonus system
  • MetaTrader 4
  • Presence of a regulator
  • Trust management of accounts

Broker Disadvantages

  • Suspicion of scam
  • Support contacts missing
  • Lots of negative reviews
  • Slow withdrawal

Conclusion

Each trader independently decides on the choice of a broker for cooperation. Pay attention to such indicators of the broker as truthful reviews of traders on different sites, the presence of a reliable regulator, the history of the company, the reputation of the broker and his trading experience. This review is not advice or a call to action.

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