ForexVox Review

โ„น Broker Overview
๐Ÿข Headquarters : UK
โœ… Regulators : FCA (UK) and FSA (Seychelles)
๐Ÿ’ต Minimum Deposit : 1 USD
๐Ÿ’น Leverage : 1:1000
ForexVox is a trusted broker with the objectives of establishing fair and transparent conditions. A positive reputation is confirmed by their FCA and FSA regulations
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Broker Badges
  • ForexVox has been part of the forex market for over 5 years
  • More than 1 promotions of ForexVox are published on Forexing.com.
  • ForexVox Accept Cryptocurrency Trading.
  • ForexVox Offers VPS For Trading.
  • ForexVox Offers Partnership/Affiliate Programs.
  • ForexVox Allows Credit Card Deposit/Widthdral.
  • ForexVox Regulated By FCA.
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Description General Information Trading Preference Payment Options Trading Features Trading Instruments Promotion Support Contact Information User Feedback

ForexVox General Information

๐Ÿ‘ค Broker Name : ForexVox
๐Ÿฃ Company Name : ForexVox
๐Ÿ“… Foundation Year : 2019
โœ… Regulated by : FCA (UK) and FSA (Seychelles)
๐Ÿข Headquarters : UK
๐Ÿ“‰ Broker Type : ECN

๐Ÿ’ต ForexVox Minimum Deposit :

1 USD
๐Ÿ’น Maximum Leverage : 1:1000
๐Ÿ‡บ๐Ÿ‡ธ US Traders :

Our ForexVox Review

ForexVox is the Broker that has opened the opportunity for anyone to get access to the financial world of trading. We aim to bring like-minded traders together whilst learning from institutional grade instructors. Our mission is to make the information and tuition being used by the major investment banks widely available to all. With that in mind, ForexVox has teamed up with premier Tutors, Exchanges and News Providers in order to provide you with all the knowledge/instruments you will need on your journey to becoming the best trader you can be. All this useful information is consolidated in one place, the unique technical solution – The ForexVox Terminal

English accuracy and conservatism are highly precious when you deal with the finance industry. ForexVox, based in London, is a broker with English traditions, transparent conditions and a clear understanding of tradersโ€™ needs from all over the world. ForexVox offers more than 100 instruments to trade and provides different payment options for easy joining of their trading community. ForexVox is an ECN broker known for its tight floating spreads and market execution method.

forexvox home

They also have some unique features such as a social platform as well as chatrooms but letโ€™s take a deep look into all the essential aspects of the services they provide.

ForexVox Regulation

The first things every trader should pay attention to are regulation and security of funds.

ForexVox has 2 licenses: FCA (UK) and FSA (Seychelles). They take pride in strict adherence to the FCA’s regulatory regime, while also focusing on customer success and services.

Client Money Protection mechanism is ensured in the following way:

  • Under FCA regulation – UK Member of FSCS (Financial Services Compensation Scheme) with deposits up to GBP ยฃ85,000 per person protected
  • Under FSA regulation – Seychelles client money is held in segregated accounts with Tier 1 banks

Whichever regulation a client may choose, their funds are still safe.

ForexVox Deposits and Withdrawals

ForexVox Deposits and Withdrawals

ForexVox doesnโ€™t charge any fee on deposits and provides 3 free withdrawals during each month. All clients of ForexVox get multiple options for funding their trading accounts and the options may vary depending on the country of residence. Basically, the main payment methods are Bank transfer, Skrill, Neteller; VISA, Mastercard, Maestro Cards; EcoPayz, Perfect Money, AdvCash, AstroPaycard; Cryptocurrency wallets; Local depositors.

Before funding a trading account, clients need to pass a verification procedure that takes very little time since ForexVox uses smart technology for it.

ForexVox Trading platforms

ForexVox Trading platforms

There is no doubt that the most popular trading platform is MT4. ForexVox offers this with desktop and mobile access:

  • MT4 for Windows
  • MT4 for Mac
  • MT4 for Android
  • MT4 for iOS

In addition, there is a Webtrader that can easily be open in the Client Area.

Those who prefer trading under FCA regulation have an additional option to download MT5 for iOS as well.

FIX API

FIX API

API stands for application programming interface, which allows two unrelated applications or software components to โ€œtalkโ€ to each other.
ForexVox is keeping up with the growing demand for FIX Protocol among traders. Through their software FIX 4.4 API clients are given unprecedented direct market access. It is applicable for any assetโ€”including forex, CFDs and commoditiesโ€”Fix Protocol offers an advanced trading option for every trader with API skills. Benefits from API trading are indisputable:

  • tight pricing
  • high-speed order execution
  • system reliability
  • customized price feeds

VPS

ForexVox offers free VPS for clients who have funded their live accounts and are trading a minimum of 10 lots round turn per month. If a client doesnโ€™t meet such requirements, they can still subscribe to the brokerโ€™s partner VPS by going to the partner website.

Trading accounts

ForexVox trading accounts under Seychelles regulation are the following:

Standard account – recommended initial deposit is $100, leverage is up to 1:500, with the minimum lot size -0.01. Commission on trading is absent for that type of account.

ECN account – recommended initial deposit is $500, leverage is up to 1:500, with the minimum lot size -0.01, and the commission is $7/lot.

Meanwhile, ForexVox UK provides only one type of account with the leverage of 1:30 but with the option to increase up to 1:500 for professional traders.

Despite the recommended first-time deposits, there is no minimum deposit required to start trading, as well as no restrictions regarding trading strategies or using EAs. Islamic accounts are available under FSA regulation.

Also, all client accounts are protected against negative balance and ForexVox doesnโ€™t charge a fee for being inactive.

MAM accounts

MAM accounts

MAM stands for Multi-Account Manager. MAM accounts help fund managers to manage multiple trading accounts using a single terminal.

ForexVox presents a MetaFX MAM solution to support money managers with all their needs. The main features of ForexVox MAM software are as follows:

  • Option to set multiple allocation types such as by equity, balance, percentage or lot
  • Commission, markup and profit share settings are customized
  • Adding and removing accounts in real-time with no need to close positions
  • Changing allocations at any time with no restrictions

For those who are planning to become a Multi-Account Manager, there is a form to fill in on the ForexVox UK website.

ForexVox Bonuses and promotions

Though there is no Bonus section on the ForexVox website, when you go to the Support team you can get news about current promotions. At present, ForexVox Seychelles offers 2 kinds of bonuses: a 10% floating bonus and a 100% deposit bonus. Both bonuses are applicable on Standard accounts only.

Customer support

Multilingual customer support is available 24/5 via live chat or email [email protected]. ForexVox has good reviews regarding their support team stating they are helpful and fast.

Live chat is available on the website as well as in the private client area that allows being in touch with the broker regarding any question a client may have.

ForexVox can also be reached via its official accounts on social media: Facebook, LinkedIn, Instagram, YouTube, and Twitter.

Client Area

The ForexVox Client Area deserves special attention because it is simple, clear and transparent. After logging in, a client may switch brokers (UK and Seychelles), edit their profile information, open new live and demo accounts, fund existing trading accounts, check product information, download trading platforms and many other useful things.

Partnerships

ForexVox  Partnerships

The ForexVox affiliate program is open to everyone and based on a revenue share model. Rebates (or partner commission) are truly competitive on the market and affiliates can also enjoy multi-level commission structures.

Every affiliate is granted a Personal Account Manager which makes the process more effective. In addition, comprehensive and transparent reports are available in the Client Area that allows revenue monitoring in real-time as trades are closed.

Also, affiliates can create their own chat room to keep in touch with their clients.

ForexVox Education

The ForexVox educational section includes a Forex glossary, courses and a list of leading mentors. Such materials are essential for all traders regardless of their level of experience.

Courses are led by ForexVox partners such as Stephen Hoad (The Stop Hunter founder), Petko Aleksandrov (EA Trading Academy Mentor) and Federico Sellitti (Head Mentor at It’s Trading Time). Clients can also choose a mentor they want to follow.

ForexVox demonstrates the willingness of building long-term relationships with its clients by providing the opportunity to get knowledge from prominent Forex mentors.

Social platform

Social platform

An exclusive feature of ForexVox is its Social platform that unites different parties of the Forex world in one place. The platform includes all the tools that may be required by a trader: chat rooms, public and private channels, market insights, newsfeed, charts, economic calendar, trading accounts, trading platform, affiliate dashboard, etc. The Social platform attracts traders, mentors, influencers and other contributors from all over the world.

ForexVox Pros and Cons

Pros

  • Tight spreads
  • FCA and FSA regulations
  • All trading strategies are allowed
  • Protection from negative balance
  • The minimum initial deposit requirement is absent
  • API trading with direct market access
  • Social platform for tradersโ€™ interactions

Cons

  • US residents are restricted
  • The PayPal payment method is absent

Trading Preference

๐Ÿ’ฐ Minimum Spreads :
๐ŸŽฎ Demo Account :
๐Ÿ“’ Mini Account :
๐Ÿ“’ Standard Account :
โœจ VIP Account :
๐Ÿ“’ Premium Account :
๐Ÿ“’ Segregated Account :
โ˜ช๏ธ Islamic Account :
๐Ÿ“’ Managed Account :
๐Ÿ“’ Pamm Account :
๐Ÿ“’ Affiliate Account :

Payment Options

๐Ÿ’ณ Deposit Methods : Bank transfer, Skrill, Neteller; VISA, Mastercard, Maestro Cards; EcoPayz, Perfect Money, AdvCash, AstroPaycard, Credit Card
๐Ÿ’ณ Withdrawal Methods : Bank transfer, Skrill, Neteller; VISA, Mastercard, Maestro Cards; EcoPayz, Perfect Money, AdvCash, AstroPaycard, Credit Card

Trading Features

๐Ÿ“Š Trading Platforms : MT4, MT5, Web, FIX API
๐Ÿ’ฐ Fixed Spreads :
๐Ÿ“ˆ Commission on Trades :
๐Ÿ“ˆ Hedging :
๐Ÿ“ˆ Scalping :
๐Ÿ“ˆ Automatic Trading :
๐Ÿ“ฑ Mobile Trading :
๐Ÿ’ป Web Trading :
๐Ÿšฅ Signals :
๐Ÿ“ช VPS Services :
๐Ÿ“ง Email Alert :
๐Ÿ“ฐ Trading News :

Trading Instruments

๐Ÿ“Š Forex/Currencies :
๐Ÿ“Š Commodities :
๐Ÿ“Š CFDs :
๐Ÿ“Š Indices :
๐Ÿ“Š ETFs :
๐Ÿ“Š Stocks :
๐Ÿ“Š Crypto Currency :

Promotion

๐ŸŽ No Deposit Bonus :
๐ŸŽ Deposit Bonus :
๐Ÿ† Contest :
๐Ÿš€ Other's Promotion :

Get Latest ForexVox Promotion

Bonus

Info

Action

ForexVox ยป Welcome No Deposit Bonus

Available For : New Traders Malaysia Validity Date : 2024-12-31

Support

๐Ÿ‘ฅ 24-Hours Support :
๐Ÿ‘ฅ Support During Weekends :
๐ŸŒ Web Form :
๐Ÿ’ฌ Live Chat :
๐Ÿค™ Call-Back :
โœ”๏ธ Support Language : English, Bahasa Malaysia, Bahasa Indonesia, Chinese

Contact Information

๐ŸŒ Website : https://www.forexvox.com/en
๐Ÿ“ง E-mail : [email protected]
โ˜Ž๏ธ Telephone : +442038613631
๐Ÿ“  Fax : +442038613631
๐Ÿ“ฎ Address : 51 Eastcheap, London EC3M 1JP

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