Vistova Trading Platform Review: High Risk (Suspected of Fraud)

Introduction to Vistova:

Vistova primarily offers financial trading services in precious metals, futures, indices, and contracts for difference (CFDs). The company is headquartered in Dubai. According to publicly available information on its official website, Vistova's registered entity is Vistova Markets Limited, with a registered address at Vistova Markets Limited, 1st Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, and registration number 2023-00223. The actual operating address is MF-072 Golden Eyes Business Center, Al Muteena Area, Deira, Dubai, UAE. A WHOIS query on the website's domain registration indicates that the broker's official domain was registered on June 13, 2023, which is a very short period of registration.

Is Vistova compliant and legal? Does it hold the necessary financial regulatory licenses?

After conducting investigations, TraderKnows found that Vistova Markets Limited is registered as an International Business Company in Saint Lucia's International Business Company and International Trusts Registry (IFC). However, Vistova's derivatives and CFD business is not authorized or regulated by the Saint Lucia Financial Services Regulatory Authority (FSRA) or any other legitimate financial regulatory body. Therefore, Vistova is effectively conducting illegal financial activities without any regulatory oversight.

Trading Instruments Offered by Vistova:

According to Vistova's official website, the broker provides services for trading various financial assets, including futures, precious metals, and indices.

Trading Software Provided by Vistova:

Vistova's official website mentions that the broker offers the MT5 trading platform for users, including Android and iOS versions, but the website does not provide corresponding download links.

Fund Safety:

Vistova has not disclosed any third-party fund regulation information on its official website, raising concerns about the safety of users' funds.

Deposit and Withdrawal Channels:

Vistova has not provided any information about user deposit and withdrawal channels, making it unclear how users can make deposits and withdrawals.

Leverage Ratios:

The broker has not provided information about leverage ratios, making it difficult for investors to accurately assess the leverage risk they may be exposed to during trading.

Summary

Vistova is a forex broker that lacks legal financial regulation. The broker has not provided critical information about fund safety, deposit and withdrawal methods, and leverage ratios on its official website. Currently, Vistova is labeled as "suspected of fraud" on TraderKnows.

TraderKnows advises you to stay away from this high-risk forex trading platform to protect your financial assets.