vinexotrade Review 2021

vinexotrade is an innovative broker that offers CFDs and forex for trading over the internet through its online platform and MetaTrader 5 (MT5). The brokers restrictive online trading platform includes its CrowdTradingTM technology which upholds traders by giving experiences and information on how different traders approach the market. Other trading apparatuses, for example, 'Trading Central' investigation and a financial schedule are additionally given.

vinexotrade Review 2021, Pros & Cons
  • Regulated by CySEC
  • Trading on robust platforms; MT5 & the brokers proprietary online trading platform
  • CrowdTradingTM technology which gives the trader valuable information on other traders sentiments
  • Multiple account types & deposit options
  • Dedicated customer service team
  • Exceptionally high spreads when contrasted with different brokers
  • The minimum deposit required to open the essential record type is $100

In this point by point vinexotrade review, our online broker representative exploration group take care of the absolute most significant viewpoints for you to think about while picking the best broker for your online trading needs.

vinexotrade Review: Summary

vinexotrade is an online forex and CFD broker that was established by experienced technology specialists. Set up in 2009, the agent has acquired popularity with its innovative technology and restrictive trading platform. It offers over 400 trading instruments on its online platform just as the high level and incredible MT5 stage. It is a managed brand found and records its locations in United states, UK and the Marshall Islands.

In its 'Best execution strategy' report, vinexotrade states that its liquidity provider is 'PX Exchange' and it is the sole execution venue for all client orders. vinexotrade just goes about as agents to every one of clients' transactions.

vinexotrade has been regarded with awards on a couple of occasions. The honors were in acknowledgment of its incredible administrations in the area of innovation. In 2016, vinexotrade was awarded the "Forex Innovator" award. Again in 2017, vinexotrade won the "Most inventive Social Trading Technology" award given at The European Global Banking & Finance awards.

vinexotrade Review: Brokerage Awards

vinexotrade Review: Brokerage Awards

vinexotrade Review: Regulation

vinexotrade is the trading name of ‘ST Services Ltd’ which is registered in the Marshall Islands. This company operates the global website.

The European arm of vinexotrade is operated by Crowd Tech Ltd, which is an organization enrolled in Cyprus and controlled by the Cyprus Securities and Exchange Commission (CySEC). This permit grants it to offer its administrations to different clients in accordance with the arrangements of the MiFID II directive.

vinexotrade Review: Regulation

Clients' deposits ought to be kept up with in bank accounts as coordinated by the regulator. These assets can't utilized by the broker for its everyday tasks; rather they must be utilized to fund traders' positions. They should not be utilized by the broker independent of its monetary position.

The European clients are secured by the Investors Compensation Fund (ICF) which resembles a protection plot for Cypriot investment firms. If under any condition, vinexotrade becomes insolvent, the ICF pays eligible investors, some pay of up to €20,000 per client.

In severe consistence with its Anti-Money Laundry strategy, all clients must be verified before their withdrawal requests can be approved. 'Know Your Customer' procedures are utilized for this verification exercise. It involves giving a 'proof of address' and a 'proof of identity'.

Secured Socket Layer (SSL) encryption technology has been carried out by vinexotrade to give advanced security to its platforms, website and payment processing portals. This is to deter hackers and digital identity criminals who might take clients' login details, credit card data, or other delicate information.

vinexotrade Review: Countries

vinexotrade doesn't offer its services to occupants of Australia, New Zealand, Canada, Iran, North Korea, Belgium, Cyprus and the USA. Some vinexotrade broker highlights and products referenced inside this vinexotrade review may not be accessible to traders from specific countries due to legal restrictions.

vinexotrade Review: Trading Platforms

vinexotrade Online Trading Platform

This is the proprietary platform that uses an innovative technology known as ‘CrowdTradingTM’.This technology depends on intelligence of the group and information analysis from traders. It accepts that traders can dominate when they realize precisely how different traders are moving toward the markets progressively. This platform is web based and can run on any operating system that has a web browser. It additionally has portable applications and it is accessible in 10 languages. It is the default platform accessible to all clients upon registration.

Here are some of the features of the vinexotrade platform:

  • The ‘buy’ and ‘sell’ prices of all the instruments are displayed in real time.
  • Account management options including deposits, withdrawal requests and account verification documents upload.
  • Traders’ trends are displayed for every instrument showing percentage of ‘buy’ and ‘sell’ orders, known as the sentiment.
  • Advanced charting using 6 chart styles on 10 timeframes from 1 minute to 1 month.
  • The live ‘feed’ section shows the crowd generated events such as trend spotting, trend reversal, surge in opening, growth in trading, going up, etc.
  • About 115 technical indicators and over 20 analytical tools are available.
  • Trading Central analysis is available from the platform.
vinexotrade Review: Online Platform

vinexotrade Review: Online Platform

MT5

This is an advanced trading platform built for proficient trading of forex and CFDs. The platform is refined, quick and stacked with essential apparatuses for trading and examination. It is likewise easy to use which settles on it a well known decision for traders of all experience levels. Its capacities can be reached out using plugin apps created with the MQL5 programming language which is based on C++.  vinexotrade gives MT5 as a downloadable windows desktop application.

Here are some of the key features of the MT5 platform:

  • The market watch window displays the fluctuating values of the ‘bid’ and ‘ask’ prices of all the instruments in real time. This market watch is customizable.
  • Advanced charting using multiple chart windows; up to 100 at the same time.
  • 3 chart styles display each asset price on up to 21 time frames.
  • It has 38 inbuilt technical indicators which can be extended with plugin apps.
  • It has the ‘Auto Trading’ feature which activates Expert advisors (EAs); trading robots scripted with the MQL5.
  • The ‘Market’ tab gives access to the MQL5 market where traders can buy EAs, indicators, etc.
  • The calendar tab displays the economic calendar.
vinexotrade Review: MT5 Platform

vinexotrade Review: MT5 Platform

vinexotrade Mobile App

This is the mobile version of the vinexotrade restrictive platform. It is produced for iOS and Android devices. The application is easy to understand and exceptionally helpful for checking the markets and trading in a hurry.

The following are some of the features of the app:

  • Live quotes of all tradable assets.
  • vinexotrade innovative CrowdTradingTM technology is fully featured.
  • Switch between practice and real accounts with one tap.
  • Deposit funds, request withdrawal and view account history.
  • Place orders using multiple orders, modify or close orders.
  • Set price alerts for favourite instruments.
  • Up to 8 chart styles displayable on 10 timeframes.
  • Over 115 technical indicators.
vinexotrade Review: Mobile App

vinexotrade Review: Mobile App

vinexotrade Review: Trading Tools

Economic Calendar

This calendar is a significant tool in key investigation. It is accessible on the website and furthermore on the two trading platforms. The economic calendar shows the dates and seasons of significant monetary occasions and their determined impacts on the financial markets. Traders speculate a lot previously, then after the fact these events. The calendar additionally shows the historical backdrop of previous events and their effects.

vinexotrade Review: Trading Instruments

vinexotrade offers multiple instruments for trading online. They are as follows:

  • Cryptocurrencies
    • 48 Forex Pairs
    • 7 Indices
    • 39 ETFs
    • Over 420 Stock CFDs
    • 5 Commodities

    vinexotrade Review: Funding Options