Viciation is a contract-for-difference (CFD) broker established in 2023, registered in the Union of the Comoros, under the legal name Viciation LLC. The company focuses on providing investors with CFD trading services in markets such as forex, commodities, precious metals, indices, cryptocurrencies, and bonds.
Company Services
Account Types
Although the Viciation website lists options for account types, clicking on them redirects back to the homepage, making it impossible to view relevant information. The platform does not disclose key details about accounts, such as spreads, leverage, minimum deposit requirements, maximum or minimum trade size, overnight interest, position limits, or trading commissions.
Trading Platform
Viciation offers users the MetaTrader 5 trading platform, supporting both desktop and mobile versions. The MT5 platform comes pre-installed with over 38 technical indicators and provides 44 chart analysis tools, supporting three chart modes and 21 timeframes.
Additionally, the platform features detachable charts, one-click trading, and direct order placement through charts, supporting trailing stops and various pending order types (such as sell stop limit and buy stop limit).
The MT5 platform interface is simple and user-friendly, offering highly customizable charts where users can add custom Expert Advisors (EAs) and indicators. The platform also has a built-in economic calendar and provides a Depth of Market (DOM) feature, compatible with Windows and Mac devices, meeting the needs of different device users.
Deposit and Withdrawal
The deposit and withdrawal options displayed on the Viciation website also redirect back to the homepage, making it difficult to obtain relevant information on withdrawal methods and fees.
Contact and Social Media
Users can contact Viciation via email, phone, WhatsApp, and Telegram. However, the company currently does not communicate through social media platforms like Facebook, Instagram, or Twitter.
Company Background and Regulatory Information
Company Background
Viciation LLC was established in 2019 and is registered in the Union of the Comoros as a multi-asset broker, with registration number 18889, headquartered in Johannesburg, South Africa. Additionally, it is registered with the Offshore Financial Authority of Anjouan and holds an international brokerage and clearing license, license number L18889/V.
Regulatory Verification
Upon investigation, the financial authority of Anjouan does not disclose detailed company registration or regulatory data for privacy reasons, making it difficult to fully verify Viciation's regulatory information.
However, Viciation LLC's records can be found in the International Services Authority of another Comoros island, Mohéli, with registration number T2023398, and the information includes a link to its official website.
Conclusion
Viciation is subject to offshore island regulation, which tends to have relatively weak transparency and regulatory strength. Certain pages and functionalities on its website do not open correctly, making it difficult for users to obtain essential trading information.
Risk Warning: CFD trading involves high-risk financial products that can result in losses exceeding the initial investment. Investors should exercise caution when choosing platforms and prioritize those under stringent and transparent regulation to minimize potential financial loss.
