General Information & Regulation
VISION GLOBAL FX presents itself as a global management consulting firm registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:1000 and variable spreads from 0.1 pips on the MT5 for Desktop, Android and iOS trading platforms, as well as a choice of three different live account types and 24/5 multilingual service. Here is the home page of this brokers official site:
As for regulation, it has been verified that VISION GLOBAL FX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.16/10. Please be aware of the risk.
Market Instruments
VISION GLOBAL FX advertises that it offers access to multiple financial products which include forex, spot precious metals, spot commodities, CFD indices pairs and cryptocurrencies.
Account Types
Apart from demo accounts, VISION GLOBAL FX claims to offer three types of trading accounts, namely Classic, Pro and VIP, as well as Swap Free Account. The minimum initial deposit amount is only $10 for the Classic account, while the other two account types have much higher minimum initial capital requirements of $100 and $500 respectively.
Leverage
The specified leverage for different account types at VISION GLOBAL FX varies between 1:300 and 1:1000. For example, clients on the Classic account can enjoy the maximum leverage of 1:1000, while the Pro and VIP accounts can experience leverage of 1:500 and 1:300 respectively. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads & Commissions
VISION GLOBAL FX claims that clients on different account types have different spreads and commissions. Specifically, the Classic account holders have variable spreads from 1.8 pips but no commission charged, clients on the Pro account can experience spreads from 0.6 pips and the commission is from $5 per lot, while only the VIP account members can enjoy the tightest spreads from 0.1 pips and will be charged a commission from $2 per lot.
Trading Platform Available
Platforms available for trading at VISION GLOBAL FX are MT5 for Desktop, Android and iOS. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
VISION GLOBAL FXs website states that the broker accepts deposits via Neteller, Skrill, Pay Trust, Perfect Money, Bitcoin, Visa, MasterCard, Bank Wire Transfer and Local Transfer, while withdrawal methods include these deposit methods but except for Visa and MasterCard. The minimum initial deposit requirement is said to be only $10, while there is no mention of what the minimum withdrawal amount is. There are no deposit and withdrawal fees charged.
As for the processing time of deposit and withdrawal requests, Bank Wire Transfer and Local Transfer deposits can be processed within 1 business day, while other deposits are instant. Bank Wire Transfer and Local Transfer withdrawals are said to be processed within 1 hour, while other withdrawals are instant.
Customer Support
VISION GLOBAL FX‘s customer support can be reached by email: support@visionglobalfx.com, live chat or send messages online to get in touch. You can also follow this broker on social networks such as Twitter, Facebook and Instagram. Registered Office: 61 Bridge St, Kington HR5 3DJ, UK. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
