Vitatrusttrade is a contract for difference (CFD) broker whose official website domain was registered on March 12, 2024. This broker primarily provides investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries or regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to public information on the Vitatrusttrade (vitatrusttrade.com) official website, this broker was established in 2016 and claims that its corporate entity is VLS, which is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose specific company registration information or detailed regulatory details.
After verification, no regulated company named “VLS” could be found in the ASIC database.
Therefore, Vitatrusttrade (vitatrusttrade.com) is essentially a fraudulent broker website with no corporate entity or any form of regulation.
Account Opening Process
To open an account with Vitatrusttrade: visit the broker’s official website, click on "Open Account" or "SIGN UP" at the top right corner to enter the account registration page, fill in personal information such as name and email address, set a login password, and submit the form. Once the account is verified, registration is complete.
Types of Tradable Assets:
Vitatrusttrade offers various trading products to clients, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves exchanging different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Indices trading enables speculation on the performance of entire markets or specific sectors without trading individual stocks. By exploring popular indices, diverse trading opportunities can be discovered, leveraging high margins to enhance potential returns.
- Commodities: Commodity trading covers key global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to participate in the price fluctuations of public companies, earning from price changes based on company performance and dividends without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts an opportunity to profit from highly volatile assets.
Investment Plans
Vitatrusttrade offers eight different types of investment plans: STARTER, PREMIUM, VIP MEMBERSHIP, FOREX SIGNAL SUBSCRIPTION, STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, FOREX SIGNALS.
STARTER:
- Minimum deposit: $600
- Minimum expected profit: $2,500
- Maximum expected profit: $5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
PREMIUM:
- Minimum deposit: $1,500
- Minimum expected profit: $10,500
- Maximum expected profit: $15,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
VIP MEMBERSHIP:
- Minimum deposit: $5,000
- Minimum expected profit: $15,000
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNAL SUBSCRIPTION:
- Professional forex signals
- Up to 10 signals daily
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payments only
- Use with any broker
STARTER ACCOUNT:
- Minimum deposit: $500
- Minimum expected profit: $3,500
- Maximum expected profit: $5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
CLASSIC ACCOUNT:
- Minimum deposit: $5,000
- Minimum expected profit: $45,000
- Maximum expected profit: $50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
PLATINUM:
- Minimum deposit: $10,000
- Minimum expected profit: $99,999
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals daily
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payments only
- Use with any broker
Trading Platform
Vitatrusttrade offers a self-developed trading platform, claiming that the average order execution speed is less than 7.12 milliseconds, with comprehensive liquidity providers and more than 12,000 orders executed per second.
Deposits and Withdrawals
Vitatrusttrade only supports deposits and withdrawals via cryptocurrencies.
Summary:
Traderknows reminds investors that Vitatrusttrade is a scam broker that lures investors with promises of high returns. The site has neither a company entity nor any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
