Broker Reviews

Forex Steam Review V10 Breakdown

Forex Steam is a popular Forex EA designed to cater the needs of present-day Forex traders. Equipped with a myriad of amazing benefits and 100% automated trading solutions, Forex Steam won the hearts of millions of traders around the world.

@media screen and (min-width: 1201px) {
.siazs5efd2b1197b0e {
display: none;
}
}
@media screen and (min-width: 993px) and (max-width: 1200px) {
.siazs5efd2b1197b0e {
display: none;
}
}
@media screen and (min-width: 769px) and (max-width: 992px) {
.siazs5efd2b1197b0e {
display: block;
}
}
@media screen and (min-width: 768px) and (max-width: 768px) {
.siazs5efd2b1197b0e {
display: block;
}
}
@media screen and (max-width: 767px) {
.siazs5efd2b1197b0e {
display: block;
}
}

Forex Steam has been around for more than 25 years, providing unparalleled solutions to the trading community.

We’ve put together this Forex Steam review to highlight some of the amazing benefits of this software. Also, we’ll have a quick look at the latest V10 update of the software and the advantages that come with this update. But, before diving into the details, why not first have a quick look at the basics of the Forex Steam EA.

Table of Contents

What is the Forex Steam Robot?

Forex Steam has been designed and run by the team of Canadian developers whose mission is to provide value-driven and consistent support to the traders. What sets Forex Steam apart from others is the commitment of the developers who have left no stone unturned to improve the trading approach of both novice and experienced traders. They offer updates from time to time so that their trading approach can get aligned with the fluctuating market conditions and remain on the top.

There are thousands of active Forex Steam users and hundreds of positive reviews listed on the Forex Steam website. Affordability is yet another prominent reason why many traders prefer Forex Steam over other expensive and less-effective Forex EAs. In order to purchase the product, the traders are needed to pay the one-time license fee of $117.99 which includes instant download/installation, access to all 4 versions of the product, free updates for life, and 4 licenses.

How to Use Forex Steam Properly?

It doesn’t require any extensive computer or trading knowledge to get started with Forex Steam. In fact, anyone with basic computer skills can start using Forex Steam without any difficulty. You can install Forex Steam free of cost once you pay the one-time license fee. Also, you get access to all the 4 licenses that you can use on both demo and live accounts. We would suggest you to use demo accounts first for at least 3 months and go live once you see growth and positive results.

While there is no requirement that you modify settings when you start using Forex Steam (which again is an added perk as beginners can instantly start using the product without making adjustments), there’s always an option to customize settings if you have a unique trading strategy or you want to experiment with your trading approach.

As far as the features are concerned, Forex Steam offers some amazing benefits to the traders. Some of them include:

PIP Retrace

Forex Steam boasts an effective Retrace technology which is a proven way to secure wins. This feature has been a part of the software for 10 years and been updated multiple times by the developers to remain in line with the changing market conditions. Forex Steam’s PIP retrace technology is perfect for the traders who want to achieve great results in the shortest possible time and limited investment.

Advanced Holiday Filter

Avoid holidays that create ambiguous and uncertain market moves using the Advanced Holiday Filter offered by Forex Steam. Forex Steam features a list of holidays that traders must avoid. Also, you can include your own holiday file containing days you don’t want to trade on.

.moaif5efd2b1197557 {
center
}
@media screen and (min-width: 1201px) {
.moaif5efd2b1197557 {
display: block;
}
}
@media screen and (min-width: 993px) and (max-width: 1200px) {
.moaif5efd2b1197557 {
display: block;
}
}
@media screen and (min-width: 769px) and (max-width: 992px) {
.moaif5efd2b1197557 {
display: block;
}
}
@media screen and (min-width: 768px) and (max-width: 768px) {
.moaif5efd2b1197557 {
display: none;
}
}
@media screen and (max-width: 767px) {
.moaif5efd2b1197557 {
display: none;
}
}

Trading Accounts & Results

Being a trader, it’s your utmost right to know about the previous performance of your chosen EA. Forex Steam’s 10-years real-life trading record is accessible to examine, meaning you can see how well this software has worked with other trader’s strategies. Apart from that, you can also assess myfxbook accounts to track the real performance of the software. The website includes a number of reviews and testimonials and you can also check out other independent websites to see what other traders have to say about the product.

V10 features

The much-awaited Forex Steam V10 update is now accessible and current users can easily download it using the official member’s area.

MT4/MT5 Compatibility

Forex Steam is not compatible with both MT4 and MT5 platforms.

Maxspread Insertion

Another great addition to the software is the inclusion of Maxspread. As the Forex market continuously fluctuates, the spread also varies with the changing conditions and many times it becomes too high. The software inhibits transaction placement during those specific hours. This way it will become easier for the traders to avoid unfavorable and uncertain market conditions. Traders however may have to carefully monitor their account throughout the day to examine the average spread.

Market Updates

Continuous market updates is another significant feature which will enable traders to keep pace with the fluctuating Forex market conditions. According to the Forex Steam team, they sit together and based on the current market trends, forecast pairs that work in collaboration with the pre-built Steam strategy to provide better trading results.

Removal of the News Filter

The News filter is no longer accessible in the current V10 updates as according to the website it was apparently disturbing the overall process.

Conclusion

Forex Steam can seamlessly work with hundreds of different trading strategies. One of the most effective ones is a time-restricted scalping technique which has proven to be extremely profitable using different currency pairs and customized TP/SL settings. Traders can change/modify settings at any time to make them compatible with their unique trading style.

Because of Steam’s proven and customizable settings, it has gained immense popularity and fame among beginners as well as seasoned traders. The V10 update is particularly beneficial for the traders who want to optimize their trading results while sticking to the limited investment and low-risk environment. Experienced traders can easily adjust Take-Profit, currency pair and hedging settings to keep them in line with their current trading strategy.

Last but not least, Forex Steam boasts an automated strategy that comes with a systematized evaluation system which immediately starts working as soon as you input required credentials to the software.

.ynagw5efd2b119784b {
center; margin: 5px; padding: 0px;
}
@media screen and (min-width: 1201px) {
.ynagw5efd2b119784b {
display: block;
}
}
@media screen and (min-width: 993px) and (max-width: 1200px) {
.ynagw5efd2b119784b {
display: block;
}
}
@media screen and (min-width: 769px) and (max-width: 992px) {
.ynagw5efd2b119784b {
display: none;
}
}
@media screen and (min-width: 768px) and (max-width: 768px) {
.ynagw5efd2b119784b {
display: none;
}
}
@media screen and (max-width: 767px) {
.ynagw5efd2b119784b {
display: none;
}
}

Broker Reviews

Sollari Review – top 75 Broker ?

Table of Contents

Sollari Review

Sollari is a global forex and CFD broker with trading platforms that is suitable and fully functional for all devices.

This is a good option for all levels of traders, although the product portfolio is average, and there is an inactivity fee to be aware of.

Initially formulated in 2023 to provide a robust forex trading platform, Sollari offering to include CFDs, indices, shares, commodities, and cryptocurrencies.

Sollari has several trading tools and features designed to make your trading experience as smooth as possible. The trading platform, has been heralded as a simple and convenient platform without losing the functionality you would find at MetaTrader 4. Some education is also available through the trading platform, and highly responsive customer service is available 24 hours a day.

Please read my full Sollari review for further details of this forex broker so you can decide whether Sollari can meet your needs.

Who is Sollari?

Sollari is a global forex, spread betting, and CFD online broker. Sollari is an online Crypto and Forex Broker providing traders across the globe with cutting-edge technology to trade the world’s markets. In a continuous effort to give their traders a more comfortable and safe trading experience, their experts have been improving their service and solutions ensuring traders have the freedom to trade whenever and wherever they like.

They are headquartered in Kingstown, St Vincent and the Grenadines. with offices in Milan, Nassau, Sofia, and Luxembourg and are authorized and

Sollari product range overview

The product range at Sollari is average compared to other brokers. They offer a solid selection of currency pairs and CFDs, no futures CFDs, and an average number of commodity and stock index CFDs. additionally they do offer leverage trading on the main cryptocurrencies.

Sollari Range of Market

Forex trading

More than 50 Forex pairs are available at Sollari with no commission and some of the tightest spreads in the industry.

Indices and Financial Trading

Indices and financial CFDs have flexible margin requirements and low spread , representing some of the industry’s best spreads. There are no overnight or hidden fees of any description to worry about.

Commodities Trading

At Sollari, there are several commodity CFDs, including metals and energies.

Share CFDs Trading

Trade more than 100 company shares without ever owning the underlying security. At Sollari, you can access global stock exchanges with the option to go long and short and benefit from leverage. For non-leverage trading, there is zero commission.

Sollari Accounts

There are five trading account options at Sollari. Of note are the Professional Trading Account and the Islamic Trading Account. There is also a free demo account from where to practice your trading.

Free Demo Account
You can select from the free demo account which platform you would like to practice trading on their trading platform. You will immediately receive $100,000 of virtual funds, which can be used to familiarise yourself with the financial markets and forex and CFD trading.

Islamic Account
This is a Shariah-compliant Islamic account which includes many features that are in keeping with Sharia law.

See here the overview of all the accounts.

	BASIC ACCOUNT	STANDARD ACCOUNT	GOLD ACCOUNT	PRO ACCOUNT	VIP ACCOUNT
MINIMUM DEPOSIT	$5,000	$10,000	$25,000	$100,000	$250,000+
ORDER EXECUTION	Instant	Instant	Instant	Instant	Instant
ACCOUNT CURRENCY	USD, EUR, GBP	USD, EUR, GBP	USD, EUR, GBP	USD, EUR, GBP	USD, EUR, GBP
ACCOUNT MANAGER	yes	yes	yes	yes	yes
SPREAD, PIPS	Fixed	Fixed	Fixed & Floating, Variable	Fixed & Floating, Variable	Fixed & Floating, Variable
QUOTATION (NUMBER OF MARKS AFTER POINT)	5 marks	5 marks	5 marks	5 marks	5 marks
LEVERAGE	100	100	200	500	500
MAX. TRADE SIZE	10 lots	20 lots	40 lots	50 lots	100 lots
REQUOTES	None	None	None	None	None
MARGIN CALL LEVEL	40%	40%	40%	40%	40%
STOP OUT LEVEL	30%	30%	30%	30%	30%
TRADING PLATFORM	all devices	all devices	all devices	all devices	all devices
CUSTOMER SUPPORT	24/5 support	24/5 support	24/5 support	24/5 support	24/7 support

Sollari Trading Platform

Sollari provides a web, desktop, and mobile trading platform on their trading platform, which is provided by the High-tech software provider “easytech”.

This trading platform has an excellent reputation among traders.

Sollari Trading Platform

web trading platform

The web platform allows you to place trades directly from your web browser in an easy-to-use interface that is customisable and available in several languages. The web trading platform falls short because of its lack of social trading; however, it is well-designed with several useful features.

There is a two-step login for additional security, and you can search for an asset using its name or by category. Order types include:

I was impressed with both the portfolio and fee reports which were comprehensive and easy to use, with clear information on commission, swap fees, and performance.

There are also the following useful features available on the trading platform:

Trailing stop

Trailing the position of a current price can then trigger a stop order as the price reaches a predetermined distance from a stop order. It works similarly to a stop order but in a more controlled way that aligns with movements in the market.

Market Sentiment

This allows you to closely monitor movements in the market using data from other traders concerning a specific instrument.

Hedging

This allows you to mitigate risks by investing in the same product in a different direction.

Charts

Real-time charts provide up-to-the-moment information, including historical trends, forecasts, and current trends.

Sollari mobile trading platform

The mobile trading platform is in keeping with the web trading platform, with much of the same functionality.

The actual design is well laid out and easy to use with customizability. I found the mobile app fast with personalised watch lists and the ability to open positions directly from real-time charts.

There are price alerts that include statistical alerts, which can be monthly or yearly for currency pairs, indices, etc. Clicking on the alert will automatically open the app on the instrument.

Sollari desktop trading platform

Use the desktop platform. This platform is designed with professional traders in mind, leaving the webtrader as an alternative for beginners and intermediate traders.

There is excellent customizability, some good search functions, and a choice of several languages.

There are several tools and technical indicators designed to enhance your trading activity.

Sollari customer service review

Customer service is excellent at Sollari, with immediate response times across multiple channels.

There are several channels for contacting customer support, including phone and email. When I tested their service, my query was dealt with immediately without even the intervention of a chatbot. The service provided via email and phone was similar, with fast, relevant responses to my queries. Customer service is provided 24/5, which is above average.

Sollari is opening an account.

The account opening process is straightforward, fully digital and quick. You will need your ID.

To open your account, you should first decide on the account type you wish to open

Then you can follow these quick and easy steps:

Select your country of residence
Add personal information, including name and email address
Choose a password
Enter your home address and tax residency
Complete some simple questions relating to your trading experience
Fill in information pertaining to your personal finances, such as income and savings and employment status
Select your base currency
Upload your ID documentation and proof of address, such as a utility bill or bank statement.

Sollari Deposit and Withdrawal

Deposits and withdrawals and essentially free, and the minimum deposit is high compared to what you would find at other brokers.

Before making your first deposit, you will need to choose between the following base currencies:

EUR, USD, GBP

Deposit options include:

Bank transfer
Credit and debit card
Cryptocurrency

The minimum deposit is $5000, which is high compared to other brokers. There are no fees should you choose to deposit via bank transfer from your bank account.

Bank transfers take several business days.

Withdrawals can be made using the same methods accepted for deposits, and there are no withdrawal fees for electronic wallets and credit/debit cards.

Sollari safety

Sollari is not regulated by the Financial Conduct Authority (FCA) but is performing full due diligence to comply with AML regulations.

In addition, all client funds are held in segregated bank accounts to protect those funds should Sollari go bust.

The Sollari negative balance protection protects client funds should their balance go negative.

Sollari fees

Sollari has low CFD and forex fees and average non-trading fees.

Fees can be separated into two main categories for a CFD and forex broker: trading and non-trading fees.

Trading fees

The trading fees will vary depending on the financial instruments you are trading within each asset class. Trading fees can be charged as a spread, a commission, or a financing rate.

Spreads differ between the bid and ask price for a foreign currency price. Here’s how Sollari spreads compare against some other forex brokers:

Non-trading fees

Sollari has low non-trading fees as they do not charge deposit and withdrawal fees, and there is no account fee.

Inactivity fees are charged. There are inactivity fees to be aware of. However, these will only kick in once your account has been inactive for several months and you have a positive balance.

Who is Sollari suitable for?

Sollari is suitable for all levels of traders looking for a solid trading platform and very competitive spreads.

The selection of account types is aimed at both retail and professional investors.

Broker Reviews

Trade.com Demo Account Review | Must Read |

Table of Contents

Trade.com Demo Account review 2018

Demo Account is officially called a practice account, and it is a great asset for traders of all skill levels.

With a Trade.com demo account, you can trade with virtual money on all markets in order to practice trading and develop strategies.

The demo account comes with all the features of the regular trading account, including 24/7 support and mobile trading.

Practice account holders also enjoy the benefits of educational videos and daily market analysis.

Trade.com Regulation

The Trade.com online trading platform is offering trading of stocks, Forex, indices, bonds, indices, commodities, ETF’s, and Cryptocurrencies.

Trade.com is managed by a Cyprus Investment Firm (CIF) called Leadcapital Markets Ltd. Their operations are regulated by the Cyprus Securities Exchange Commission (CySEC) under the CIF license number 227/14.

TRADE.com is a trade name operated by Leadcapital Markets Ltd, which is authorized and regulated by the Cyprus Securities and Exchange Commission, license number 227/14. Office Address: Strovolos, 128 – 130 Limassol Avenue, Office 301, 3rd floor, CY 2015, Nicosia, Cyprus.

TRADE.com follows very strict guidelines with regards to clients’ funds, ensuring they are kept in reputable Tier 1 banks and at all times segregated fromthe company’s own funds.

Additionally, TRADE.com offers a Compensation Fund that will protect investments, and a high standard of account management service to explain all issues pertaining to trading and risks.

Crypto currency Trading conditions

Trade Bitcoin after depositing only $100
Get up to 1:2 leverage*
Tight spreads, no commission
Trade long (buy) and short (sell) on the asset
High volatility on cryptocurrencies
Cryptocurrencies on TRADE.com including Bitcoin, Ethereum, Litecoin, Dash
Trade on Web, tablet and mobile app

Instrument	Spreads in Pips (as low as)	Leverage (up to)	Trading hours
BCHUSD	50.00 (USD)	1:02	Sunday 21:00 – Saturday 21:00
Bitcoin	120.00 (USD)	1:02	Sunday 21:00 – Saturday 21:00
Dash	20.00 (USD)	1:02	Sunday 21:00 – Saturday 21:00
ETHCLASSIC	1.0000 (USD)	1:02	Sunday 21:00 – Saturday 21:00
Ethereum	12.00 (USD)	1:02	Sunday 21:00 – Saturday 21:00
Litecoin	8.00 (USD)	1:02	Sunday 21:00 – Saturday 21:00
LITECOINEUR	5.00 (EUR)	1:02	Sunday 21:00 – Saturday 21:00

See Trade.com Promotional Movie

Trade.com Spreads and Leverage

Trade.com is offering static variable spread and Leverage.

The spreads will first of all depend on the instruments you look to trade. They are not cheaper or more expensive then the rest of the brokers out there so there is not a lot to mention about this.

the leverage on the other hand does vary a bit more. A major pair leverage startsat 1:294 as most brokers thou many offer 1:400 but if you take a more exotic pair then you get for example to 1:25.

Their website shows the Spreads in Pips (as low as) & Leverage (up to) for every pair.

Trade.com Trading Platform

TRADE.com is offering the Metatrader 4, downloadable, platform protocols.

This does not mean that you are dnot able to trade online as they also have a platform for this, the webtrader and the sirix trading platform

TRADE.com also employs the latest in 128-bit technology to encrypt all trading activity data and any personal information submitted to the company for identity verification and keep your personal details save.

They offer a live market update and analysis for trader to use. This will help traders that trade on the news get to better decisions in a shorter time span and take better advantage of the markets volatility.

Trade.com Metatrader 4 platform Main Features

Desktop and Mobile platform
Comprehensive and extensive Charting Package
Supports automated trading through expert advisors (EA’s)
Supports multiple order types
300 different types of assets
Wide range of technical indicators

Trade.com Webtrader

The Webtrader of Trade.com is a flexible trading platform that is easily accessible through any browser. The Platform is developed with the traders in mind and is very intuitive, will take you only a few minutes to figure out how it is working .

you are able to trade here over 2000 different assets with real-time pricing, advanced charting and a wide range of technical indicators you can use.

Mobile Trading

Apart from the desktop versions of the trading platforms, the MT4 platform and the Web Trader are also fully supported on iOS and Android powered devices. The apps can easily be downloaded from Google Playstore or Apple’s App Store .

Trade.com Trade Types/Instruments

In terms of trading assets, Trade.com offers 7 different asset classes, Crytocurrencies, Bonds, Commodities, Currencies, Equities, ETF and Market Indices.

Cryptocurrencies	Bonds	Commodities	Forex	Equities	ETFs	Market Indices

1:2 leverage	Leverage 1:100	Leverage up to 1:152	Leverage 1:300	Leverage 1:10	Leverage 1:100	Leverage 1:200
no commission	Commission Free	Hard and Soft Commodities	Over 55 pairs	Commission Free	Over 30 ETFs	26 International Indices
4 different Cryptos	Available in Yen, Euros, Pounds and U.S dollars	including precious metals		Selection of more than 2000 stocks		No Commission

Trade.com Account Types & Trade.com Demo Account

4 main types of trading accounts are available at Trade.com:

Basic	Classic	Gold	Platinum

Minimum Deposit $100	Minimum Deposit $1000	Minimum Deposit $5000	Minimum Deposit $25,000
Daily Market Analysis	Daily Market Analysis	Daily Market Analysis	Daily Market Analysis
Video Tutorials	Video Tutorials	Video Tutorials	Video Tutorials
	Webinars & Seminars	Webinars & Seminars	Webinars & Seminars
	Account Manager	Account Manager	Account Manager
		Trading Central	Trading Central
		Premium Analysis	Premium Analysis
			Premium Support

Deposits and Withdrawals

Like with Most brokers most people will deposit with wiretransfer or credit card but they doi support some local options Skrill, Neteller, and Safeguard.

The Traders deposits are also safe due to segregation from operating capital in Top-Tier bank accounts. The Cyprus Investor Compensation Program provides further protection of up to 20,000 Euros –

keep in mind that this is not always the case for when you are trading Cryptocurrencies as they as yet not fall under this mandate. make sure to ask them about this !!

Customer Support

TRADE.com offers direct toll-free phone lines in 30 countries as well as making the website readable in 19 different languages.and you are able to contact the support team through email, live chat or the telephone.

Conclusion

If you look to trade and you want first to check out the broker as you should then the Trade.com Demo Account gives you everything to just do that.

This is a mature and save broker that engages the market head on and provides the right services to the right trader.

Trade.com Demo Account Registration

<br />

Their Latest News through Twitter

[fts_twitter twitter_name=TradeComEN tweets_count=6 cover_photo=no stats_bar=no show_retweets=no show_replies=no]

HIGH RISK INVESTMENT WARNING: Leveraged trading in foreign currency contracts, contracts for difference or other off-exchange products carries a high level of risk and may not be suitable for everyone.

Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings here:

Risk Disclosure Statement. There is a substantial risk that you may lose all of your initial investment.

. Refer to the Trade.com Regulation section here.

Trade.com Demo Account Review | 2018 Must Read |

Broker Reviews

VastWealth Review – Demo Account – top 100 Broker ?

Table of Contents

VastWealth Review

VastWealth is a unregulated broker based in Kingstown St. Vincent and the Grenadines. They offer a fantastic selection of over 400+ trading instruments with very competitive trading conditions including reasonable spreads and minimal trading fees. You can get straightforward access to the markets via user-friendly platforms with a relatively high minimum deposit fee of $5000. Alternatively, they do provide free demo accounts if you want to practice your trading skills before making a financial commitment. You will find plenty of tools for assisting with your market analysis so you can pinpoint trading opportunities and make informed decisions.

I like how they are an experienced broker with a dedicated premium relationship management team to help guide you along the way. If you are a trader and want to trade in a professional environment across all of your devices, I think they are certainly worth consideration.

vastwealth software

Pros & Cons

Large choice of more than 400 trading instruments
Trade on 40+ forex pairs with spreads from 0.8 pips
Invest in the world’s largest indices and more
Explore European and US shares CFDs
Cutting edge platforms suitable for all types of traders
Choose from and trade a wide range of both soft and hard commodities
Good variety of quick and easy payment options
Free demo accounts available to practice trading
Excellent customer support

Clients from a few countries are not accepted
No daily market analysis to inspire trade ideas
Market maker broker means they don’t have the lowest spreads
Only provide support during office hours
Inactivity fees apply
Not regulated

Summary

VastWealth is a online brokerage where you can open an account to trade shares, indices, forex, commodities and more. They are the trading arm of Vallencio LLC, company number: 1567 LLC ; which is an established financial investment firm. Vallencio LLC launched VastWealth in 2022 as VastWealth to satisfy demand for a fast, professional and easy-to-use online spreads trading platform. With a quick registration process and friendly website, VastWealth soon will become a prominent player in the financial trading sector. VastWealth, a powerful, advanced trading platform with a fresh new feel.

The broker offers a very impressive selection of more than 400 financial instruments for online trading via its cutting edge trading platforms. I found the spreads to be very good and trades executed swiftly. On its proprietary platform, there are plenty of powerful trading tools available to you for analysing the markets and to manage your trade positions.

Funds

Client funds are kept in segregated bank accounts held with the top-rated banks. This helps to ensure that they are not used for any other purposes such as business running costs.

‘Know Your Customer’ (KYC) verification is carried out on every client. This procedure entails uploading a ‘government issued id card’ and ‘a utility bill’. This is a regulatory requirement and it is important in order to identify every client to ensure that illegal acts like money laundering, financing terrorism, etc, are not carried out on the pretext of forex or CFD trading.

Countries

VastWealth does not accept clients who are residents of the United States, Belgium, NKorea, Singapore or any particular country where its services will be contrary to the local law or regulations. If you find that they do not serve your country for whatever reason, please feel free to take a look at our broker reviews for some alternative options.

VastWealth.io Trading Platforms

You can enjoy a seamless trading experience wherever you are with a powerful and advanced trading platform from VastWealth. You can get the full functionality with all the bells and whistles using the desktop platform or download the VastWealth mobile platform and trade market moves as they happen from the palm of your hands. I personally find the desktop platform ideal for when I need to conduct detailed chart analysis but like the convenience of the trading app for keeping track of my account and the latest market news whenever I feel like it. Either way, I think the platforms are very user-friendly and provide everything you need for trading online without any hassle.

VastWealth Platform

This is the proprietary trading platform from VastWealth. This intutive platform is web based which makes it convenient as it requires no downloads or installations. It is also versatile because it runs across all operating systems and comes with useful market analysis and trading tools. You can analyse markets using a multitude of indicators and drawing tools across various chart types. I like how you are able to create your own watchlists and set price alerts to keep track of the markets you follow and trade. It is flexible as you are able to customise and save up to 10 unique workspaces with the chart views and time frames that you need, when you need them. The intuitive trade tickets make it simple to set up and understand your Stop and Limit levels for neccesary risk management.

vastwealth What to trade

Tools

The VastWealth platforms come fully loaded with more tools than most of you will ever need. The abundance of built-in indicators and other useful tools, it is nice to see that VastWealth have a few more to improve your trading possibilities.

Markets

There is a great selection of more than 400 trading instruments for you to choose from. I think there should be enough to build a diverse portfolio for anyone, regardless of your interests.

Forex Trading

Trade forex with 45+ majors, minors, and exotics with spreads as low as 0.6 pips. FX is traded in pairs, where one will rise (or fall) in value against the other.

Indices Trading

Invest in the world’s largest indices. An index measures the performance of a group of companies, typically weighted by market capitalization.

Shares Trading

Explore 10s of European and US shares CFDs. Shares CFDs give traders a way to speculate on the value of publicly listed companies without needing to physically own stocks.

Commodities Trading

Choose from and trade a wide range of both soft and hard commodities ranging from traditional markets like gold and oil, to wheat, cotton, and even orange juice.

Accounts

I found the broker to provide transparent and fair spreads across all markets. They only offer three main account types which are based on investment amount. You can choose between the different account buy simply investing a different amount. Inactivity fees are charged from accounts that have been dormant for 6 months and above. The fee is charged monthly until the account is depleted or the client begins trading again. They don’t provide spreads from 0.0 pips so might not be ideal for those of you who are planning to use scalping systems.

Demo Account

Demo accounts are offered. This can be a great way to try them both out and see which is best for your trading style. It is also a good opportunity for beginners to practice trading and build confidence without the risk.

Support

The VastWealth customer service team works during office hours CET time from 8:30am to 9:00 Mondays to Fridays. The team can be reached on various phone numbers and emails. On social media, the broker is on Facebook, Twitter. I think they could improve by adding live chat support as I often find this to be the quickest way to speak with someone. Alternatively, you can explore the most frequently asked questions on everything from setting up your account, to getting more out of the platforms and tools.

Funding

This is an aspect of the broker I was also impressed by. I like how they have a good variety of quick and easy account funding options for you to choose from. This includes digital wallets which I find to be the most convenient for moving funds around between my trading account. Withdrawal requests received before 2pm are attempted to be processed on the same working day. Just keep in mind that they do not accept third party deposits. All deposits must emanate from the same name on the trading account.

Bank Transfer

Take 3-7 days for the funds to reach VastWealth bank accounts.

Credit/Debit Cards

Deposits made by cards are processed instantly. But, card withdrawals can take up to 7 days depending on the location of the client and the card processors.

Online Payments

Deposits are processed instantly while withdrawals take up to 24 hours.

Cryptocurrency

Payment is processed within 2 hours.

Conclusion

VastWealth is a online broker that offers Hundreds of tradable assets to its clients via its flexible and sophisticated trading platform. The Brand abide by the regulatory rules which include account segregation, digital security, client verification without actually being regulated.

The wide array of tradable assets on the broker’s platforms is impressive at over 400. It is an outstanding platform replete with essential trader tools for conducting comprehensive market analysis. Their trading platform very popular and widely accepted by professional traders across the globe. You can seamlessly access your account and trade between all of your devices.

However, in the area of market news and analysis, I think the broker is lacking behind when compared to other top-rated brokers. There is limited expert analysis, daily insights and trading ideas. Trading accounts are limited with no mini/micro accounts for testing the real trading conditions but free demo accounts are available. I didn’t find the spreads to be the lowest but it is worth considering there is no commission fee on trades. There is also an inactivity fee to be aware of and funding without any fees is limited.

Overall, I think they can be a good choice of broker for anyone who is looking for easy market access with decent trading conditions and excellent customer support.