vastradingoptions is a CFD broker with a domain registered on April 5, 2024. This broker primarily offers investment services in markets including forex, cryptocurrencies, indices, stocks, energy, and commodities, and does not provide services to countries or regions where it might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to publicly available information on the vastradingoptions (vastradingoptions.online) website, the broker was founded in 2016, claims its corporate entity to be MTD Trading, and states that it is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose corporate registration information or detailed regulatory information. Furthermore, the homepage of the broker’s website indicates that the copyright belongs to vastradingoptions, while the “About” page shows the copyright belonging to Market Transition Market.
Upon verification, no regulatory company named "MTD Trading" was found under the Australian Securities and Investments Commission (ASIC).
Therefore, vastradingoptions (vastradingoptions.online) is actually a fraudulent broker website with neither a corporate entity nor any regulation.
Account Opening Process
The account opening process for a vastradingoptions trading account involves visiting the broker's website, clicking "Open Account" or "SIGN UP" at the top right of the page, filling in personal information such as name and email, setting a login password, and submitting it. After submission, the account can be successfully registered upon verification.
Types of Instruments
vastradingoptions offers clients a variety of trading instruments, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. Exploring popular indices can reveal diverse trading opportunities and maximize potential returns through high leverage.
- Commodities: Commodity trading covers essential global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in public companies' price movements, earning profits from company performance-based price changes and dividends without needing to own the stocks.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
vastradingoptions offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
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 Benefit Package
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals per Day
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payment Only
- Use Any Broker
Trading Platform
vastradingoptions provides users with a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with more than integrated liquidity providers, and over 12,000 orders executed per second.
Deposits and Withdrawals
Deposits and withdrawals on vastradingoptions cannot be made via credit card or bank transfer, only via cryptocurrency.
Conclusion:
Traderknows reminds investors that vastradingoptions is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.