In this review we compared VastWealth with competition based on fees, spreads, offer of trading assets and experience of traders.
Our VastWealth review starts with some additional information of this new forex broker.
VastWealth, also known as VastWealth.io was founded in 2022 in Kingston St. Vincent and the Grenadines. Currently, the broker is an independent broker that focuses on commodity and forex trading. They offer their services to both retail and institutional clients. The broker is building a strong reputation in the industry for its transparency, great service and reliability.
What are the VastWealth Trading Conditions and Client Fund Protection ?
VastWealth offers excellent trading conditions that suit traders with different needs.
Mostly the broker offers commission-free trading with tight spreads t. The broker integrates their fee into the spread.
Scalping and hedging is allowed on all accounts. VastWealth offers fast execution and one-click trading.
The broker offers a variety of deposit and withdrawal methods which are all very fast:
Wire transfer: The minimum deposit is unlimited, while the maximum deposit is $5000. There are no deposit fees, but VastWealth does not cover any fees that your bank might charge. For withdrawals, the minimum withdrawal is $100 and can take between 2-10 days. Fees depend on the bank.
Credit/Debit cards: You can use Visa, Visa Electron, Mastercard, or Maestro to deposit or withdraw funds.
The maximum deposit is $10000, while the minimum deposit is $5000. Processing time is up to ten minutes and there are no deposit fees. For withdrawals, the minimum amount you can withdraw is as low as $100 and takes between 2-10 days. There are no withdrawal or deposit fees
Bitcoin : VastWealth offers also the opportunity to deposit and und your account using Bitcoin.
Client Fund Protection & Safety
VastWealth values the security of their client’s funds. They offer the below measures to keep clients’ funds safe:
Segregated Funds Account
VastWealth strictly handles client information, accounts and deposited funds by separating them into our segregated bank accounts. These funds are independently kept and separate from the funds of the company. Clients funds will not be used for day to day business operations such as utilities, rent, or employee salaries.
VastWealth regularly conducts both internal and external audits to ensure our organization has met all the legal requirements that come with operating our business properly and safely. Additionally, we also regularly do KYC & AML reviews, assessments and employ several operational risk controls throughout the business.
VastWealth is a reliable Forex broker which is trusted by thousands of our loyal clients from different countries. The reliability of the company is an ability to meet the expectations of clients, excellent quality of work and services. Successful work of VastWealth risk-management team ensures stable work of the company in any situation on the market.
Liquidity of the biggest banks
Liquidity for VastWealth is provided by biggest world banks. Moreover the clients of the company get only the best prices from the price float which is offered by these banks for the most beneficial orders.
Every client should be sure that his funds and his personal information are kept securely while working with our company.
Measures of security are:
Data Transfer Protection
Data transfer via an SSL security connection with encryption of information helps to prevent the interception of user data by a third party while working with the website, no matter where you are.
Protection from Negative Balance
The VastWealth company makes compensations of the clients’ losses that exceed the amount of funds on their trading accounts. This means that when negative balance takes place because of a sharp movement on the market, it will be set to zero in order to protect the clients from the unexpected losses.
Multilevel system of servers
Infrastructure, which consists of multiple servers, supports uninterrupted work of the system. And a complex scheme of data backup helps to prevent loss of the clients’ information (personal data, history of commercial transactions, etc.) in any situation.
International security standard
Internal procedures of the company are based on the PCI DSS security standard, which involves a complex approach to information security of the clients’ data.
Data storage protection
Data of users is protected not only while transferring between the company’s website and the browser, we also provide an encryption of all stored information that helps to prevent unauthorized access to the data of our clients.
Why Trade Through VastWealth?
Quick Account Opening
Setting up your VastWealth Trading account only takes only a few minutes. Simply sign up, verify your details and you are ready to go!
Benefit from the tight spread, Low commission, fast execution, trading tools, economic calendar and premium support.
Their Core Values
At VastWealth, we offer the access to real-time information about market condition and prices.
We respect our client’s privacy and security and we never disclose client information.
Integrity and Trust
You are backed by a reliable global forex trader with strong moral principles.
Commitment and Responsibility
We have traders’ interests at our core and we make sure that their individual needs are always met.
With VastWealth you can have access to the latest technologies for trading.
You can have easy access to use our trading platforms with personalized Account Manager service.
VastWealth mission is to create the best and most transparent trading environment for retail and institutional clients alike allowing traders to focus more on their trading.
We are dedicated to provide all our clients a reliable and affordable service of the highest quality with a personal and confidential approach regardless of experience or the size of the investment.
We have trader’s interests at our core and we make sure that their individual needs are always met as the markets continue to evolve over time.