Vector Fin is a trading company based in New Zealand, primarily offering trading services in forex, commodities, precious metals, stocks, indices, and bonds. Vector Fin's official website is https://vector-fin.com/, and the website supports multiple languages, including English, Russian, Spanish, Italian, German, and Polish. According to Whois records, the domain name of the company's website was registered on March 27, 2023, which is within the last six months.
Company Background:
Vector Fin's official website claims to have been established in 2019. However, when checking with the New Zealand Companies Office using registration number 09998721, no registration information for this company is found. Additionally, when searching for the company by name (Vector Fin), the results suggest potential impersonation of VECTOR FINANCE LIMITED. Furthermore, the Whois query indicates that the company's website domain was registered within the last six months.
Account Registration:
Vector Fin's official website provides a registration link, but it does not differentiate between registering for a live trading account or a demo account. The registration process involves visiting the Vector Fin website, clicking on "Login" or "Start trading" to access the registration page, and then providing required information such as email, name, password, phone number, and country to complete the account registration.
Account Types:
Vector Fin's website indicates that the company offers three types of accounts: CLASSIC ACCOUNT, PRO ACCOUNT, and VIP ACCOUNT. Each account type varies in terms of minimum deposit, spreads, and fees.
Trading Products:
Vector Fin provides trading services for forex, commodities, precious metals, stocks, indices, and bonds.
Trading Software:
Vector Fin offers its proprietary trading software, EvoTrade, which is available in PC, web, and mobile versions (IOS/Android). EvoTrade also includes features like news and analysis tools. However, there may be issues with downloading the Android version in certain regions, and download speeds could be slow.
Regulatory Information:
Vector Fin's official website does not display any regulatory information. However, checking with the regulatory authority in its registered location, the Financial Markets Authority of New Zealand (FMA), reveals that the company is neither regulated by the FMA nor does the FMA's official website have any information about this company.
Summary:
Vector Fin faces suspicions of false advertising. While the company's official website claims to have been established in 2019 and provides support for multiple languages and detailed account types, a search with the New Zealand Companies Office does not yield any registration information, and there are concerns of potential impersonation of VECTOR FINANCE LIMITED. Additionally, the company is not regulated by the Financial Markets Authority of New Zealand (FMA). Based on these findings, there are suspicions of fraudulent activities associated with Vector Fin, and investors should exercise caution when considering its services. Trading Encyclopedia reminds you to be vigilant about your financial security and avoid falling into potential scams.
