ForexVox is a forex broker whose official website was registered on September 19, 2018. It primarily offers financial trading services, including forex, indices, commodities, and precious metals, to investors. The company's headquarters are unknown. ForexVox does not provide services to any jurisdiction where it may violate local laws or regulations, including but not limited to the United States, Belgium, Iran, North Korea, Myanmar, etc.=
Corporate registration information and regulatory status:
The corporate entity registered in Seychelles as ForexVox (Seychelles) Financial Services Limited has its registered address at CT House, Office 9A, Providence, Mahe, Seychelles, with the enterprise registration number C8430368. This entity is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, with license number SD142.
Account Opening:
To open an account with ForexVox, users need to fill out an account application form and upload identity verification documents. Once the verification is approved, users can fund their accounts for trading.
Account Types:
ForexVox offers three different types of real trading accounts: Cent Account, Standard Account, ECN Account. The broker also supports Islamic accounts.
- Cent Account: Minimum deposit is $100, offering over 90 trading instruments and a maximum leverage of 1:1000. This account has no trading commissions, a minimum trade volume of 0.1 lots, unlimited maximum position size, and uses USD as the base currency, with margin call level set at 100% and stop-out level at 20%.
- Standard Account: Minimum deposit is $100, offering over 90 trading instruments and a maximum leverage of 1:1000. This account has no trading commissions, a minimum trade volume of 0.01 lots, unlimited maximum position size, and uses USD, EUR, GBP as base currencies, with margin call level set at 100% and stop-out level at 20%.
- ECN Account: Minimum deposit is $500, offering over 90 trading instruments and a maximum leverage of 1:1000. This account charges trading commissions, a minimum trade volume of 0.01 lots, unlimited maximum position size, and uses USD as the base currency, with margin call level set at 100% and stop-out level at 20%.
- The broker's website does not disclose the spreads and specific trading commissions it offers.
Trading Platform:
ForexVox provides the MT5 trading platform, hosted by ForexVox (Seychelles) Financial Services Limited.
Deposit and Withdrawal:
ForexVox supports Visa/MasterCard, FasaPay, Neteller, Skrill, local bank deposits, Sticpay, cryptocurrency, and local payment agents.
Affiliate Programs:
ForexVox offers two affiliate programs: Affiliate Company Program and Fund Manager Program.
Affiliate Company: ForexVox provides a leading affiliate program with several advantages, including real-time access to affiliate commission reports, transparent views of all registered demo and live accounts, exportable reports, access to marketing materials, unlimited levels of sub-agents, and a private chat room for communication with clients.
Fund Manager: ForexVox uses advanced MetaFX MAM software to support all requirements of fund managers. The platform allows simultaneous management of multiple accounts with features such as various allocation types, real-time addition and removal of accounts without closing positions, flexible changes to allocations, and real-time allocation and reporting.
Customer Support:
ForexVox only supports customer inquiries through email at support@forexvox.com and the online contact form on its official website.
Summary:
The broker is marked as "operating normally" on Traderknows.
