VS Market Limited Review
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VS Market Limited is a brokerage firm providing forex, metals, futures, and cryptocurrency trading options. However, in this VS Market Limited review, we will evaluate some serious concerns that could raise a flag for potential investors.
Lack of Regulation and Transparency
One of the major issues with VS Market Limited is the absence of regulatory oversight. There is no accreditation for the company by any recognized financial authority in the context of investor protection because no governing body exists in that respect. Consequently, in case the broker acts unethically, traders are left with no other options to avoid the risk of losing their money.
Furthermore, there is no contact information or phone number on the company’s website to help the traders verify its legitimacy. Trustworthy brokers usually maintain transparent communication channels, but VS Market Limited does not offer even the most basic requirements in this regard. In addition, the official website (https://vsmarket.com/en/index.html) is currently non-functional, raising further doubts about the company’s credibility.
Trading Options and Leverage
Despite the risks, they provide a multitude of trading instruments through the VS Market Limited, which includes foreign exchange, futures, metals, and trading in cryptocurrencies. All traders can test their trading methods without risking real money loss by opening live or demo accounts.
With VS Market Limited, traders are offered leverage between 1:100 and 1:300. While the high leverage allows for making high profits, it also raises the risks taken by inexperienced traders. Unregulated trading carries with it much potential for unfair trading practices. Caution is advised because unregulated brokers often manipulate the prices or impose hidden charges, causing monetary losses. The appropriate measures may also be taken to determine whether trading on this platform is beneficial.
Platform Accessibility and Features
The broker offers a multi-platform trading experience, including Windows, web, and mobile clients. These platforms are loaded with great features to enable market analysis and are quite appealing to one who applies technical and fundamental analysis.
Although the company promotes a user-friendly deposit and withdrawal system, specific transaction limits and processing times are bank-dependent for the customer. Unclear policies regarding fees or withdrawal terms raise issues about fund accessibility. Several traders complained about difficulties in withdrawing funds from unregulated brokers. Well, this unclarity in the process raises the question about VS Market Limited as a trading platform.
Customer Support Concerns
Despite VS Market Limited claiming to have email and telephonic customer support, the absence of a dedicated contact page on their site only raises questions about how trustworthy their support is. Investors may find it difficult to receive immediate assistance in the case of account issues.
Final Verdict & Scam Recovery
This VS Market Limited review presents a set of red flags that deserve the attention of any investor. The broker feels risky on account of the regulatory risks, the lack of transparency, and the contact details are verifiable. Although the trading platform and an assortment of instruments could attract many investors, the absence of investor protection overrides such considerations.
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