VHNX Review (VHNX.com) – Is this broker good or not?
General Information |
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Broker Name: | VHNX |
Broker Type: | Forex & CFD |
Country: | Saint Vincent and the Grenadines |
Operating since year: | 2021 |
Regulation: | N/A |
Address: | Stoney Ground Road, St. Vincent and the Grenadines |
Broker status: | Active |
Customer Service | |
Phone: | +18008478713 |
Email: | [email protected] |
Languages: | English |
Availability: | 24/5 |
Trading | |
The Trading platforms: | Proprietary |
Trading platform Time zone: | N/A |
Demo account: | No |
Mobile trading: | Yes |
Web-based trading: | Yes |
Bonuses: | No |
Other trading instruments: | Yes |
Account | |
Minimum deposit: | $250 |
Maximal leverage: | 1:200 |
Spread: | Floating |
Scalping allowed: | Yes |
General Information & First Impressions
VHNX is a new brokerage that aims to attract both investors on a budget and those with more robust funds. The broker aims to be a place where everyone can realize their full potential as a trader. VHNX operates from Saint Vincent and the Grenadines, and its offices are situated at Stoney Ground Road. New brokerages like VHNX often bring exciting conditions with them that tend to topple more established companies. Our VHNX review will help you decide whether the broker at hand is the right choice for you.
The first thing you notice when you open the broker’s website is that it looks different than most brokers. The header image is more compact, and there’s an absence of sponsorships and other promotional material. We’re glad VHNX decided to take that route, as it displays a degree of creativity that most brokers lack. It also looks much more professional and in tune with what serious traders and investors should expect.
But the visuals at VHNX.com are a secondary concern. However, it’s worth noting that the website also has a fantastic layout, including a user map in the footer. That makes navigation a breeze and lets you access even the deeper areas of the website with one simple click. The broker doesn’t inflate its information, so finding the exact thing you need to read is easy.
All in all that leads to a solid start to our review. It’ll take more than a well-designed website to impress us, but it’s a great foundation. It means the broker has solid legs to stand on and that it cares about the user experience it designs. In the later parts of our VHNX review, we’ll look at the more trading-related conditions.
Fund and Account Security
Safety is another major concern any broker should have at the front of their mind. However, most brokerages today seem intent on quick profits and don’t stop at achieving them even if it means scamming customers. The best thing you can do as a trader is to avoid these brokerages altogether, no matter their service. Unfortunately, these companies can be challenging to recognize, as they often parade around as valid firms. Our job is to weed out that possibility and do a thorough background check on each broker we look at.
For VHNX, we found no cause for concern. It’s a new broker, which may not sit right with some people that have already been burned. However, we can’t simply discount all new brokerages just because they haven’t been around for years. When we inspected the broker for our VHNX review objectively, we didn’t come up with anything strange.
The broker’s website is transparent and does well in informing you about VHNX’ qualities. The broker doesn’t hide anything or make it intentionally difficult to find its features. That means users can go in fully informed, without any false pretenses about what they’re getting.
Beyond that, the legal documentation is clear. When brokers are dishonest, that’s usually where they put their malicious clauses. The fact that VHNX is entirely transparent in legal documents is a huge signifier that it’s safe.
Lastly, we should also mention the website is encrypted, so any data you put in is safe from outside influences. Lastly, there are authenticators in place which let you secure your account by linking it with multiple devices.
The Trading Accounts
The user account setup a broker decides to go with largely shapes its target audience. VHNX wants to be a versatile brokerage, and it organized the accounts according to that. Luckily, that means it can use the standard setup with tiered accounts differentiated by cumulative deposits. That evens the playing field, allowing both newer and more experienced traders to get a competitive experience.
However, if you’re a luxury trader, you might be used to some more sophisticated features. You’re in luck because VHNX has those as well, with the more expensive accounts getting numerous trading features. One of them is the option to get expert help from the brokerage, which goes a long way towards improving success rates. Here’s a rundown of the accounts at VHNX.com:
REGISTRATION
- Min. Deposit USD 250
- Mobile Trading
- Secure Ordering
- Responsive Support
- Education Tools
- Leverage (Currencies 1:200)
- Basic training – Platform Introduction
- Educational Session with a Mentor
BEGINNERS
- Min. Deposit USD 2,500
- Mobile Trading
- Secure Ordering
- Responsive Support
- Education Tools
- Leverage (Currencies 1:200)
- Full Training – Advanced Platform Tools
- Dedicated Mentor
- Basic Strategies Session
INTERMEDIATE
- Min. Deposit USD 20,000
- Mobile Trading
- Secure Ordering
- Responsive Support
- Islamic Account
- Education Tools
- Leverage (Currencies 1:200)
- Full Training – Advanced Platform Tools
- Commodities Special Training
- Dedicated Mentor
- Advanced Strategies Session
ADVANCED
- Min. Deposit USD 50,000
- Mobile Trading
- Secure Ordering
- Responsive Support
- Islamic Account
- Education Tools
- Leverage (Currencies 1:200)
- Full Training – Advanced Platform Tools
- Commodities Special Training
- Currencies Special Training
- Basic Market Events
- Dedicated Mentor
- Advanced Strategies Session
PROFESSIONAL
- Min. Deposit USD 100,000
- Mobile Trading
- Secure Ordering
- Responsive Support
- Islamic Account
- Education Tools
- Leverage (Currencies 1:200)
- Full Training – Advanced Platform Tools
- Commodities Special Training
- Currencies Special Training
- Indices Special Training
- Dedicated Mentor
- Advanced Strategies Session
- Extra Market Events
- Private Strategy
PREMIUM
- Min. Deposit USD 500,000
- Mobile Trading
- Secure Ordering
- Responsive Support
- Education Tools
- Islamic Account
- Leverage (Currencies 1:200)
- Full Training – Advanced Platform Tools
- Commodities Special Training
- Currencies Special Training
- Indices Special Training
- Stocks Special Training
- Crypto Special Training
- Dedicated Mentor
- Advanced Strategies Session
- Premium Market Events
- Private Strategy
VIP Exclusive
- Please speak to your private mentor for further information.
- Min. Deposit
- USD 1,000,000
VHNX’ Trading Platform
VHNX uses a proprietary platform with full trading functionality and asset access. It doesn’t at all lag behind more standard options and even builds on some of their features, leading to improvements. The software is highly customizable, allowing more experienced traders to trade their own way. It also has an intuitive interface that lets you get used to it quickly and, overall, makes it more enjoyable to use. The learning curve isn’t steep, so even brand-new traders will have an intuitive grasp on how the platform functions.
The software is available through a downloadable platform, a browser option, and a mobile app. The mobile platform is an excellent choice for those that spend a lot of time on the move. The other two are more robust feature-wise and run better due to the improved computing power. Overall, neither platform is massively ahead, and which one you decide to use comes down to personal preference.
Funding and Pricing
Funding is another factor that majorly impacts a broker’s overall quality. Since it most directly impacts what traders earn, it’s rightfully the number one factor for most customers. If a broker takes too much of a cut, it becomes difficult to maintain profits long-term. However, if the broker doesn’t take anything, it makes it difficult for them to stay afloat. As such, it’s important for any company to strike a balance where it can maintain itself while providing a solid service.
That’s not always an easy thing to do, as most brokers get greedy and want a larger cut. However, as we said earlier in our VHNX.com review, the company seems to be in capable hands. The broker minimizes fees on user ends, eliminating them entirely, excluding the spreads, which are tight either way. That leads to an experience which isn’t only comfortable, but more profitable than it would be with another company. In the end of the day, choosing a broker largely comes down to the cost-benefit analysis.
Furthermore, VHNX offers a multitude of methods you can use to fund your account. All of them are quick, and there are options for cards, e-wallets, and direct transfer. Getting money in and out of your account won’t be a problem.
Trading Products at VHNX
The assets you get access to with VHNX are what you’d expect from a modern brokerage. There are over 1500 in total, adequately spread over the major trading product categories. That lets traders stay open to all possible options and maximize their portfolios easily. Here are the trading instrument categories at VHNX.com:
- Forex
- Stocks
- Commodities
- Indices
- Cryptocurrencies
Customer Service at VHNX
Similar to most brokers, VHNX has 24/5 support. You can reach it by calling, sending them an email, or using the integrated live chat.
Phone: +18008478713
Email: [email protected]
VHNX Review: Conclusion
VHNX leaves no room for doubt about the quality of its service and its customer treatment. It stands miles ahead of other brokerages with similar experience, with numerous qualities that make it apparent it’s the better option. Wherever you look, be it pricing, funding, versatility, platform quality, or safety, the broker is ahead of competitors. It’s also both aimed towards beginners and more experienced traders, marking it an excellent choice for everyone.
It’s one of the rare brokerages that don’t rely on overly self-promotive communication. Just the fact that it operates that way lends it a great dose of credibility. It backs that up with a fantastic trading service that has both comfort and straight-up quality features. Altogether, that results in a tremendous customer experience.
There isn’t much we can say in our VHNX review besides urging you to try it out for yourself. If you’re in search of a new broker, you surely won’t be disappointed.
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( reviews)
Excellent broker service
They were able to address all my trading queries and concerns promptly and effectively. I am gaining decent profit and experience great services from them.
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Amazing broker
I am truly amazed with their services. I can withdraw easily and I gain good profit, too.
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Efficient brokers
Good customer support and fast withdrawals are the things I liked about this broker. I never had any transaction issues and I am pleased with the services. Highly recommended.
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Good broker service
Pleased with this broker service, the signals are profitable. Both brokers and customer service are enthusiastic and skilled.
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One of the best broker
This is one of the best brokers in the forex market. Accommodating and skilled. I am very happy with the services as well as the profit I am getting from their signals.
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One of the best trading broker
I am speaking base on experience and profit I get. They’re one of the best in the industry. Transactions are smooth and there is no dealing desk.
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Good broker
Here is where I get good offers and profit. Good broker overall.
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Fully satisfied
I am fully satisfied with my profit and with all of the services I am getting from this broker company.
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Skilled broker
Offers a wide range of affordable forex assets to trade with. Also offers excellent services and skilled brokers.
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Good customer service
The best customer service, they are willing to help me anytime. They are resourceful and efficient.
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Great profit
I am so much thankful to this broker service for giving me really great services and profit.
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The best broker
This broker defines excellence very well. I am speaking based on experience and profit I get. They’re one of the best.
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Good services
Good service for forex trading. No problem with any of the services, all good.
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Good broker
I am successful on my trades because I am trading with responsible brokers. They have been good to me.
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Excellent services
Excellent customer service. They have shown me competence and enthusiasm.
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