Vastwealth forex broker
VastWealth is a legally registered forex broker located in Saint Vincent and the Grenadines, but not regulated by any government agency.
The Website is Owned by Vallencio LLC, company number: 1567 LLC 2021 and registered address at The Financial Services Centre Stoney Ground, Kingstown St. Vincent and the Grenadines.
The processing and clearing company Vallencio LLC, company number: 1567 LLC 2021 and registered address at The Financial Services Centre Stoney Ground, Kingstown St. Vincent and the Grenadines.
Our services are not available in certain countries such as the United States, North Korea plus certain jurisdictions identified by the FATF or similar international organizations as having strategic Anti Money Laundering/Counter Terrorism Financing deficiencies.
DISTINCTIVE FEATURES OF VASTWEALTH FOREX BROKERAGE
DECENT leverage offered for cryptocurrency trading.
Simple registration and verification process.
Over a hundred stocks available for trading.
Tight spreads on major currency pairs.
Forex broker offers the following underlying assets for trading.
45+ Currency Pairs Based on major and minor world currencies.
10+ Crypto Pairs Based on Bitcoin, Ethereum, Litecoin, Ripple.
10+ Indice CFDs Based on baskets of different blue-chip stocks.
Metal CFDs Based on Gold, Silver.
3 Energy Spot CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.
120+ Stock CFDs Based on shares of US, UK, EU, Russian and Asian companies.
COMPREHENSIVE REVIEW VASTWEALTH
VastWealth is a relatively new cryptocurrency offering CFD & forex broker that has been registered in the popular offshore jurisdiction Saint Vincent and the Grenadines since 2022.
As an offshore broker, VastWealth is able to offer traders very high leverage, a simple and easy account verification process and account funding with cryptocurrencies.
As far as trading instruments goes, VastWealth offers pretty much everything a trader could want, with the only exceptions being bonds and interest rates. Besides that, however, its selection of forex pairs is simply impressive, with over 45 pairs to choose from. The same also goes for stocks, where traders can enjoy more than 120 single stocks from American, European, Russian and several Asian companies listed in Hong Kong and Tokyo.
Where this broker really shines, however, is when it comes to cryptocurrencies, with its great selection of digital assets available for trading. At the time of this review, VastWealth offers trading in all popular cryptocurrencies against the US dollar, including cryptos like Bitcoin, Litecoin, Ethereum and others.
In terms of trading platforms, VastWealth offers both of the well-known easystech platforms, available in their classic downloadable versions for Windows computers, as a web-based version for use on any computer and as a mobile app.
These platforms by now have something of a quality status in the forex trading community, with their familiar interface and custom technical indicators.
Vastwealth Trading Accounts Options
Trade numerous financial instruments with VastWealth by selecting any of our trading accounts that perfectly match your investment and trading requirements.
|Account currency||USD, EUR, GBP||USD, EUR, GBP||USD, EUR, GBP||USD, EUR, GBP|
|Spread, pips||Fixed||Fixed & Floating, Variable||Fixed & Floating, Variable||Fixed & Floating, Variable|
|Quotation (number of marks after point)||5 marks||5 marks||5 marks||5 marks|
|Margin Call Level||40%||40%||40%||40%|
|Stop Out Level||30%||30%||30%||30%|
|Trading platform||all devices||all devices||all devices||all devices|
Unique to crypto-based brokers like VastWealth is that the trading accounts can only be funded with cryptocurrencies, while also bank transfers or credit cards are accepted.
Other than the blockchain fees paid to make the transaction, VastWealth does not charge any processing fees for deposits or withdrawals, which we of course always appreciate.
In case of difficulties with the sign-up process or the trading itself, VastWealth’s support team can be reached via email or a live chat function on its website. Additionally, most questions that come up are answered in a pretty straightforward way in the FAQ section on the website. We’re also pleased to see that this broker offers 24 hour service 5 days per week, which is something we rarely see from smaller and mid-sized CFD brokers.
All in all, we believe it is important to keep in mind that VastWealth is still a very new broker, without much of a proven track record. Further, it is also worth noting that this broker differs from most CFD & forex brokers in that it only accepts cryptocurrencies from traders, while even the trading accounts themselves are only denominated in cryptocurrencies (including more stable dollar-pegged cryptos). We believe this makes VastWealth a broker focused on the future and one that is surely worth keeping an eye on for traders who are interested in both crypto and more traditional financial markets.
Trading Forex and CFDs carries a high level of risk to your capital. On this basis, it is highly advised that you should only trade with money you can afford to lose. You should thoroughly consider whether your knowledge and relevant experience are suitable for trading CFDs and whether you can afford to take all the involved risks. It is your responsibility to seek independence advice before trading Forex and CFDs as it is not suitable for all investors.
General Advice Warning:
Any advice or information posted on our website is of a general nature only. It has not been prepared based on your objectives, financial situation or needs. It is therefore highly advisable that you consider the risks associated with trading Forex and CFDs based on your current financial objectives and needs before you commence trading.
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