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VHNX |
| Registration | Open Account Now |
| Rating | 69 % 31 % |
| Reviews Rating | |
| Status | |
| Regulation | n/a |
| Trading software | Proprietary |
| Headquartered | Stoney Ground Road, St. Vincent and the Grenadines |
| Share |
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VHNX is an online broker owned by VHNX Ltd. based in Stoney Ground Road, St. Vincent and the Grenadines. This digital trading platform focuses on granting investors and traders access to the global markets (i.e., currencies, stocks, commodities, and cryptocurrencies) in an easier and quicker manner that costs less than what the market offers today.
Founded in 2021, VHNX strives to help market players of all experience levels discover excellent investing by providing services and tools designed to simplify trading and secure their investments.
Regulation and Safety
VHNX is currently operating under no official jurisdiction, making it an unregulated offshore broker. While this is a cause for concern, this does not automatically make VHNX an unreliable broker. VHNX's website contains legal documents accessible for everyone on the Company section under Legal Docs.
The website itself has also been encrypted, therefore keeping their clients' data confidential and secured against suspicious or unauthorized parties. Additionally, VHNX has employed authenticators that keep clients' accounts safe by linking them with multiple devices.
Trading Products
Clients of VHNX may trade a range of instruments on its trader platform, including:
Currency Pairs
Stock Indices
Energies
Precious Metals
Digital Currencies
Global Shares
Offering over 1,500 instruments, VHNX presents a broad asset class for investors to dabble on. Moreover, traders of VHNX may also trade currency pairs with leverage of up to 1:200.
Note that individuals residing in countries including the US, Iraq, and North Korea may be restricted from using the products and services of VHNX.
Account Types
VHNX has prepared seven different account types for interested investors and traders:
Registration
Beginners
Intermediate
Advanced
Professional
Premium
VIP
The Registration account requires a minimum funding of 250 USD and is suitable for traders who are only starting to familiarize themselves with the markets and VHNX’s platform. With the Beginners account, clients will need to make an initial deposit of 2,500 USD. The account comes with additional benefits such as full training on VHNX’s advanced platform tools, a dedicated mentor, and a basic strategies session.
Traders looking to trade in accordance with Sharia Law can do so with VHNX’s Intermediate account for minimum funding of 20,000 USD. This type of account also offers special training that focuses on trading commodities and advanced strategies session.
Similar to the Intermediate account, the Advanced account also allows traders to open an Islamic account, but for 50,000 USD. This account provides basic market events and two special trainings involving currencies and commodities. Clients who want access to more benefits than what the Advanced account offers can sign up for a Professional account, which requires a minimum deposit of 100,000 USD. In addition to the Islamic account, the Pro account provides extra market events, a private strategy, and three special trainings in trading commodities, currencies, and indices.
The Premium account offers traders the complete experience of trading with VHNX. By making an initial deposit of 500,000 USD, clients can access premium market events and special training in commodities, currencies, indices, stocks, and cryptocurrencies. The Islamic account is also available to open with this account.
Traders looking for exclusive benefits may find such by registering for VHNX’s VIP account. To sign up for a VIP account, clients must meet the minimum deposit amount of 1,000,000. They may also talk to their private mentors for more details.
Trading Platforms
VHNX offers an in-house trading platform, the VHNX Trader, which offers a range of benefits and features such as:
Advanced automation and charting tools
21 different timeframes
Up to 100 charts simultaneously
Superior analysis tools
The VHNX Trader works from any web browser and is available to use on Windows and iOS (iPhone/iPad) and Android devices to let clients trade on the go.
Other Services
VHNX also has a Research section where traders can find essential trading tools such as an economic calendar, currency forecasts, market news, market watch, and more. The section also has Fibonacci and Pivot calculators to help clients estimate price targets and monitor intraday support/resistance levels.
Deposits and Withdrawals
VHNX supports credit (Visa, Mastercard) and debit card (Visa Debit, Mastercard Debit), wire transfer payments, and bank deposits. Withdrawal requests are processed by their team within five business days. Note that the platform may decline any anonymous deposit or third-party transaction if necessary.
VHNX Summary: Is it worth it?
Overall, VHNX is a decent broker capable of providing investors and traders with quality products and services. While it is currently unregulated, its website provides transparency through the legal documents that anyone can view. In addition, the website encryption and account authenticators also offer additional security against suspicious individuals trying to gain unauthorized access to clients' accounts.
The wide variety of trading instruments and assets offers market players a range of options. Additionally, they provide enough account types for clients, with minimum deposits that fall under the low to high range.
Should traders require further information about VHNX, their customer service is available 24 hours a day. Clients may discuss their questions or concerns with their support team via email, phone, or live chat.
VHNX Trading Information 2022
| WWW | https://vhnx.com/ |
|---|---|
| Address | Stoney Ground Road, St. Vincent and the Grenadines |
| Headquarters | St. Vincent and the Grenadines |
| Free phone | +18008478713 |
| 24 hour support | |
| Free education | |
| Mobile trading | |
| 24 hour trading | |
| Scalping | |
| Hedging | |
| Digits after the dot in quotes | 3, 4 |
| Minimum position size | 0.1 |
| Pip spread on majors | 0.1-3 |
| Spread Type | Variable |
| Maximum Leverage | 200 |
| ECN, $ | |
| STP, $ | |
| Standard account, $ | 2500 |
| Mini account, $ | 250 |
| Popular payment methods | Visa, MasterCard, Bank transfer |
| Account currencies | USD |
| Available assets | Forex, Stocks, Commodities, Indices, Cryptocurrencies |
| Languages | English, French, Portuguese, Spanish, Arabic, Germany, Azerbaijan, Thailand, Turkish |
| Platforms | Proprietary |
| Broker type | MM |
| Regulation | n/a |
| Foundation | 2021 |
| Bitcoin Forex Brokers |
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