Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

VamosTrade

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

https://vamostrade.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
VamosTrade-Demo MT5
Server Location Singapore

Contact

support@vamostrade.com
https://vamostrade.com
Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, Saint Vincent and The Grenadines

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

Vamos Trade Ltd

Company Abbreviation

VamosTrade

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2023-12-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed VamosTrade also viewed..

XM

Score
9.01
10-15 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
Official website

Exness

Score
8.36
10-15 years | Regulated in Cyprus | Market Making(MM) | MT4/5 full license
Official website

IC Markets

Score
8.92
10-15 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
Official website

GO MARKETS

Score
8.96
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
Official website

VamosTrade · Company Summary

basic-info

General Information

Registered in Saint Vincent and the Grenadines, VamosTrade is a forex broker providing a series of trading instruments, such as currency pairs, indices, stocks. With the VamosTrade, two types of trading accounts are available.

VamosTrade is owned and operated by VamosTrade Ltd, a company registered in the Saint Vincent and the Grenadines with BC number of 25294 BC 2019, and this broker is not authorized or regulated by any regulatory authority. Please be aware of the risk.

Market Instruments

With the VamosTrade platform, investors are provided the opportunity to trade currency pairs, indices, stocks, and more.

Account Types

Two types of trading accounts are on offer: Standard and ECN. The Standard account is designed for regular traders, with the minimum deposit required starting at $10, which sounds friendly. The ECN account is ideal for professional traders and scalpers, asking for an initial deposit of $500.

Some other account services include non-swap available for forex trading, cent lot available for forex, hedge and expert advisors allowed, and more.

account-types

Apart from live accounts, demo accounts are also available. Please note that account expired after inactive for 90 days.

How to open an account with VamosTrade?

Opening an account with VamosTrade is an easy and simple process:

1. Click the “Open A Real Account” link, and fill up some required details on the popping-up page.

account

2. Upload your personal data for this company to verify your details.

3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.

Leverage

VamosTrade offers flexible leverage options, ranging from 1:100 to 1:1000. Problematically, this broker allows its clients to use leverage of up to 1:1000, much higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

Since leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Spreads & Commissions

Spreads and commissions are tightly associated with account types. With the Standard account, the spreads starting from 0.5 pips, with no broker commission charged. While the ECN account offers competitive spreads, starting from 0.1 pips, with a broker commission from 0.3 USD.

Trading Platform

VamosTrade provides access to the industry-leading MT5 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT5 trading platform offers a powerful set of tools available with one click, a flexible trading system, technical and fundamental analysis, professional MQL5 development environment, multi-currency tester and alerts.

Customer Support

VamosTrade says it provides 24/5 customer support, and if clients have any inquiries or trading-related issues, they can get in touch with VamosTrade through the following contact channels:

Email: support@vamostrade.com

Online Chat

Registered Company Address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, Saint Vincent and The Grenadines

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

2

Comments

Write a review

阳阳阳
more than one year
I don't know why VamosTrade is out of business now, but I'm kind of lucky because I didn't invest in it. And, according to an announcement on their website, any remaining funds will be refunded to the client's trading account. It doesn't look like it's a scammer, which is really something good, at least for the traders.
2023-03-20 18:23
Reply
0
0
FX1330335766
more than one year
VamosTrade is easily reachable and responsive to my issue. Flexible leverage from 1:100 to 1:1000 greatly increases my trading flexibility. I’ve traded with the standard account for one month, and I have to say that it is a truly decent broker.
2023-03-07 10:24
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com