VHNX Review

VHNX Review

General Information

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

CONTENT 

  • General Information & First Impressions
  • Fund and Account Security
  • The Trading Accounts
  • VHNX’s Trading Platform 
  • Funding and Pricing
  • Trading Products at VHNX
  • Customer Service at VHNX
  • Conclusion

 

Broker Review: VHNX

Broker Review: VHNX

General Information & First Impressions

VHNX is a new online brokerage that offers a wide array of trading services on numerous asset classes. The firm’s focus is on forex and share trading, but it also offers trading instruments from other key types. The company operates from Saint Vincent and the Grenadines, and its offices are at Stoney Ground Road. The broker strives to be a versatile, welcoming, and technologically potent firm, presenting an interesting prospect for new and experienced traders. Our VHNX review will tell you whether the company is a good candidate for your next trading hub.

VHNX’s website shows us that it’s different from other brokerages right from the start. At a glance, that’s apparent from the visual design, setting the company apart from its peers. The header image is smaller, and the site overall has few flashy components. That lets VHNX drive your attention to what’s really important; its service. It also eliminates the bunch of needless information brokers tend to throw at customers.

Navigation is also great with VHNX.com divided into few logical categories. The broker did great with not creating too many web pages so it could artificially inflate its content. That leads to a much better user experience where it’s much easier to find what you need to inform yourself about. It also makes the initial hurdle of exploring the broker much easier to overcome, as you don’t need to invest hours. 

Overall, VHNX comes off as an honest, competent brokerage that focuses on features of actual substance. For users, that means you’re more informed, and as such, have a greater hold on your own experience. Naturally, that makes us optimistic for the rest of our VHNX review.

 

Fund and Account Security

Fund and Account Security

Safety should be one of the first things you look into when researching new brokerages. It’s not only a matter of whether a brokerage is trustworthy but how it protects you from cybercriminals. Online brokerage accounts are among hackers’ favorite targets due to their nature. In other words, since there’s usually a lot of money in them, there’s a lot to gain from stealing them. As such, every brokerage or finance-related online service needs to put your safety before anything else.

Luckily, as you could likely tell from the previous passage of our VHNX review, it’s a serious brokerage. That means it puts customer needs first and doesn’t simply run its service to earn some quick money. Any brokerage that’s intent on providing customers with a solid service starts by ensuring they’re safe. VHNX has tight security protocols, and it has encryption and account verifiers. While that may not sound like much, the combo goes a long way towards protecting user accounts.

As for its trustworthiness, the broker does well for itself by creating a transparent and informative website. Underhanded brokers often only show users limited info that presents them in the best light possible. As we said earlier in our VHNX review, it’s straightforward with what it offers, not flowering it up to appear better than its actual state.

Furthermore, the company is clear in its terms and conditions and other legal documents. Here’s where the broker’s integrity really shows, as brokerages often intentionally make their documentation difficult to read. That lets them get away with some questionable clauses that usually harm customers. While they’re in no way an exhilarating read, VHNX’s documents are as accessible as texts written in legal language go.

 

The Trading Accounts

The accounts at VHNX.com follow the fairly standard structure of deposit-based tiers. The initial account requires a $250 deposit, which is about as low as you could expect from most brokerages. For anyone that’s seriously considering investing or trading, that sum shouldn’t present an issue. In other words, the price the broker sets makes it fairly accessible to anyone that wants to try it out. 

Another notable thing about the accounts at VHNX.com is that even the cheapest option is competitive. There are no core features that are missing, so you can have a complete trading experience even with the $250 option. Naturally, there’s also the likelihood that you’d invest over time and progress to the later accounts somewhat naturally. 

But what do you get if you’re a high-end trader? You can deposit more funds straight away and get one of the more expensive accounts. That nets you luxury features that are mostly in the realm of professional assistance. Naturally, some traders dislike others interfering with their process, and for them, the broker set up analytical features. The accounts create a fair service while still managing to reward those that show loyalty with larger deposits.

Here are the account types at VHNX.com:

the account types 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

 

VHNX’s Trading Platform

VHNX’s Trading Platform

VHNX has a proprietary trading platform that has intuitiveness and analysis as its focal points. The broker crafted it so users could get used to it quickly, no matter how little experience they have. In the same vein, it has complex features that can prove immensely helpful on an analytical level. As such, it matches the broker’s overall philosophy of versatility and openness to everyone. The software comes as a downloadable terminal, or as a mobile or web trader for those that prefer them.

 

Funding and Pricing

While the trading experience a broker offers is important, pricing is likely the factor that shapes your success the most. You can find replacements for most trading-related services brokers offer, but there’s no substitute for pricing. The broker’s fees are what they are, and you can’t change them except by signing up with a different broker. As such, it’s important for you to choose a broker that takes a reasonable cut instead of overcharging you. 

Luckily, as you might have already assumed from the rest of our VHNX.com review, it’s quite user-friendly. That means it delibated how much it should charge customers and didn’t go over that number. In other words, the broker’s pricing structure allows you to maintain steady profits without even noticing the charges. VHNX funds itself via spreads, which usually costs users less than any other common pricing method. And with the accounts requiring as little of a deposit as they do, the cost to use the broker’s services is fairly low. 

The funding is also solid, with various options and quick processing. Most popular options are present, so you won’t need to worry about fining your preferred method.

 

Trading Products at VHNX

As we said near the start ouf our VHNX.com review, the broker offers trading services on a variety of assets. That includes entries from all the prominent trading product categories, making the broker even more versatile. The entire library has over 1500 entries, which is fairly significant. Here’s a rundown of the assets at VHNX.com:

  • Forex
  • Stocks
  • Commodities
  • Indices
  • Cryptocurrencies

 

Customer Service at VHNX

VHNX’s customer support structure is fairly standard, with 24/5 support via phone, email, and live chat.

 

Phone: +18008478713

Email: [email protected]

 

Conclusion

VHNX is a model new brokerage that actually cares about creating a firm base of users. That differs from the approach that has become the norm, which is baiting with horrible conditions. As such, VHNX positions itself as one of the few options that offer a trading experience that isn’t frustrating. You won’t need to bug support to get your money, and your trading process will be smooth. 

And that’s not to say that the broker sacrificed competence for comfortability. VHNX matches or overperforms most similar brokerages, allowing traders to conduct complex analyses. As such, the broker positions itself as one able to provide a complete trading experience. 

To further bolster that, VHNX has education features, including private lessons, which make it easier to advance. That’s especially meaningful for newer traders that might not be entirely self-sufficient. All that, as well as the other features we mentioned in our VHNX review, earn it a recommendation from us.