The VFSC was established in 1993. The number of companies that want to obtain a VFSC license is constantly growing. This is primarily due to the very simple procedure for obtaining registration and license.
VFSC does not impose strict requirements on the company’s authorized capital. The license will cost only $ 9000. Plus $ 2000 for registration. The company may not even register a de facto office in the island nation.
The VFSC does not actually provide protection to investors and traders in the event of a company’s dishonest operation. Clients do not have any opportunity to appeal against the actions of the company, so you should not count on a refund in case of an unforeseen situation.
Conclusions: the trust rating of the regulator is very low
Forex brokers with VFSC license
© 2020. Mybrokers.pro – Honest rating of Forex brokers.
Copying materials from the site mybrokers.pro is possible only with the placement of an active link to the source.
The information presented on the Mybrokers.pro website (charts of trading instruments, analytical materials and reviews) is for informational purposes only. Remember that Forex trading carries a high level of risk and requires certain knowledge to carry out investment activities. Mybrokers.pro is not responsible for any potential loss of capital. Please, when trading currency pairs, CFDs, cryptocurrencies, stocks and other instruments, objectively assess your level of knowledge and possible risks. We recommend that you invest only free funds, the possible loss of which will not affect your financial situation.
The charts and quotes presented on Mybrokers.pro may differ from the information offered by other brokerage companies and websites. The forex market is over-the-counter, so there are no benchmark quotes.