Review of Vortex FX company: everything you need to know
Vortex FX guarantees transparent trading conditions and instant order execution. Despite positioning itself as a regulated broker, reviews indicate an opposite opinion. Traders believe it is simply a money collector seeking to enrich itself at the expense of others. Our review will reveal the true essence of the company, its trading opportunities, and financial discipline.
Assessment of Vortex FX website
Vortex FX website does not look like a representative resource of the company. It is a simple page with minimal information. It all boils down to empty promises and claims of global presence (according to the description, they have 16 offices in different countries). However, the addresses of these offices, company history, and achievements are not provided.
Domain history check showed that it is a “kitchen” opened in late April 2022. Scammers actively promote the project, and reviews about Vortex FX appeared immediately after its launch.
Contact details display an email, phone, and address in Germany. However, the phone and address belong to a business center in Munich, not Vortex FX.
Legal information
The company claims to have licenses from regulatory authorities in the UK, Estonia, Australia, and Cyprus, but does not provide documentary evidence. It is also noticeable that they do not serve residents of certain countries, including those listed.
The Vortex FX website mentions approval by the Financial Services Regulation Scheme. This regulator appears on many financial fraudster sites.
Vortex FX operates without a license, including deals with Russian traders, ignoring the requirements of the Bank of Russia. Reviews indicate the company’s unwillingness to pay out profits and remain honest.
Commercial offer
Vortex FX promises access to more than 2000 trading instruments, including currency pairs, ETFs, CFDs on indices, commodities, stocks, and bonds. However, the reality of this promise raises questions.
- Commercial offers are not specific.
- There is no information about the minimum deposit.
- Promotional codes and bonuses are used to manipulate clients.
- Withdrawals are delayed, and the company does not pay out profits to its clients.
Reviews and scamming of newcomers
Customer reviews confirm that Vortex FX is a fraudulent company. They use an affiliate program to attract newcomers and promise them qualified support. However, in the end, clients lose their funds.
The only way to get your money back is to turn to a reliable payment recovery service.
Conclusion
Exposing the Vortex FX company shows that it is not a reliable broker. Clients should be cautious and only deal with reputable organizations with a good reputation.
Vortex FX provides reliable brokerage services, facilitating smooth transactions, though additional features and support structure could be enhanced for a better user experience in 2022.