December 03, 2021

Latest updated information about ForexVox

Reviewed broker: ForexVox

Operated and owned by Valutrades Limited

Location: 51 Eastcheap, London EC3M 1JP

Established in 2019

Representative offices: UK

Regulation: FCA UK, FSA SC

US traders are not allowed

Note: Broker's website is lacking basic information needed for traders. No information about account types and very thin details about trading conditions. This information must be presented in a clear and straightforward way!

Trading Conditions 

Base account Currencies offered: USD, EUR, GBP

Maximum Leverage: 1:30 (FCA) 1:500 (FSA)

Minimal lot size: 0.01

Spread type:  Variable 

Average Spread on majors: 1 pip

Commission: yes (Standard account) 3.5 USD per lot

Is scalping allowed?: Yes

Is Hedging allowed?: Yes

Expert Advisors allowed?: Yes

Decimal after point(4 digits, 5 digits, both): 5 digits

Trailing stops: Yes

OCO orders: No

One-Click execution: Yes

Currency Pairs (total number): 100+

Cryptocurrency trading: No

All Trading Instruments offered - Forex, Stocks, Options, Futures, Indices, Commodities, Energies, Shares, Bonds, ETFs, Spread betting, Bitcoin

MAM/ PAMM accounts: MAM accounts

Swap-free Accounts (Islamic accounts): Yes

Segregated accounts for client funds (yes, no): Yes

Stop Out level: 50%

Margin Call level: 100%

Maximum order size: 50

Demo account (expiration time?): 30 days

Free VPS: free under certain conditions

Spreads

Symbol Digits Contract Size P&L Currency Spread*
EURUSD 5 100,000 USD 1.0
GBPUSD 5 100,000 USD 1.3
USDJPY 3 100,000 JPY 1.0
EURGBP 5 100,000 GBP 1.0
AUDUSD 5 100,000 USD 1.2
NZDUSD 5 100,000 USD 1.3
USDCAD 5 100,000 CAD 1.2
EURCAD 5 100,000 CAD 1.4

 *Spreads shown are for retail accounts. 

Trading Platforms

Mobile Trading: Yes

Web-based trading: Yes

Copy trading / Social trading: No

MT4

MetaTrader 4 is the industry leading platform used globally by financial traders. A household name for trading Forex and CFDs, the easy to use platform offers a range of features including multiple chart types, differing time frames and over 50 technical indicators. Available on desktop, mobile and web.

Clear Charting

Instant charting, customisation to your choice

Account Activity

Monitor all trading activity instantly

Access Anywhere

Stay up-to-date with the easy to use app

MetaTrader 4 - Desktop

Download MT4 and experience the power and speed of the most utilised platform in the world for trading. 

Benefit from unlimited charts, 50 technical indicators and 9 time frames.

Customise your MT4 charts to any view that suits your taste.

Features

  • Trade FX and a range of CFD markets
  • Deep liquidity and fast execution 
  • Supports Expert Advisers for automated trading 

Payment Methods

Minimum deposit requirement $1 

Payment methods: Visa/Mastercard, Sticpay, FasaPay, Skrill, Neteller, Local Banks, Wire Transfer

How was the rating of ForexVox performed compared to other brokers? 

This 2021 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on ForexVox FX broker performance and features. 

Overall our online ForexVox review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online ForexVox or you find inaccurate details ForexVox broker review please get in touch with us and the changes will be applied.