Fx-Vita.com Review: Main Reasons To Avoid Unlicensed Companies
Fx-Vita.com investment firm claims to be operated by VM Vita Markets Ltd. But once you start looking for information you can just find irregularities, starting with the ownership, registration date and licenses.
So, if you are still interested in investing with this company, we strongly suggest you read this Fx-Vita.com review carefully.
What We Know About Fx-Vita.com
Fx-Vita.com brokerage is now operating on a different domain, fx-vita.net. According to who.is, the latest domain is registered in 2023. But let’s find out together what made this company change its domain.
| Broker name | Reliable Broker Must Have | |
| Legal name: | N/A | Transparently displayed in the disclaimer or legal documents |
| Regulation: | Unregulated | Within your legal jurisdiction – local regulator |
| Registered in: | Cyprus | Your country or the country whose license applies in your legal jurisdiction |
| Established: | 2023 | The older the domain – the higher the possibility the company is trustworthy |
| Website: | Fx-vita.com, fx-vita.net | Domain should be from local or international zones, no .xyz, etc. |
| Financial Authorities Warnings: | CONSOB | None |
| Contacts: | Live chat, web form | Phone, email, social media, web form |
| If a withdrawal is possible: | Highly unlikely | Yes |
| Fees: | Hidden fees | Transparent fees – list of spread and commissions |
| If Active on Social Media: | No | Often present on social media |
| Investor Protection: | No | Compensation fund |
Regulation info
As the company shows, VM Vita Markets Ltd is indeed licensed by CySEC. Luckily, that register reveals what domains belong to the owner. And neither fx-vita.com nor fx-vita.net are listed there. So, you can consider this brokerage as a fraud.
If you were hoping they are licensed by Tier 1 regulators like FCA, BaFin or ASIC, forget it. After all, if this broker is any close to trustworthy, they wouldn’t have a warning from Italian CONSOB.
Fx-Vita.com Profile
Generally speaking, none of the company’s features look trustworthy, starting with their web-based platform. Even though they offer advanced features like trading signals and advanced indicators, you shouldn’t trust them much.
After all, they are lying to be regulated, why not lie about that? Not to mention the company doesn’t reveal any trading fees or commissions. Consequently, that leaves them enough room for manipulations. Instead, you should see what transparency looks like in our Crypto Exchange Kraken review.
| Trading platforms: | Web trader |
| Account types: | Micro, Silver, Gold, Platinum |
| Financial Instruments On Offer: | Forex, Commodities, Indices, Shares, Cryptos |
| Maximum leverage: | 1:400 |
| Minimum Deposit: | 250 EUR |
| Commissions/bonuses: | N/A |
| Mobile app: | Not available |
| Desktop app: | Not available |
| Autotrading: | No |
| Demo account: | No |
| Education or Extra tools: | None |
Is This Broker Safe?
Not at all. Primarily due to missing regulations. On top of that, the company will offer you fake account management services that will lead your account to rock bottom.
Instead, you should choose technology like AI Analysis Bot that helps you choose the right trades and does all analytics, while still keeping you in charge of the trades.
How Fx-Vita.com Platform Reach Clients and Who Are They?
Since the company is offering live signals, you can expect various ads about auto-trading systems. But of course, none of those exist. Fraudsters often use easily accessible web platforms and manipulate market data. That’s the only way they can make results for you.
But once you request a withdrawal, they will come up with various excuses. Victims that are mostly falling for these tricks are coming from:
- Italy
- Albania
If you are one of those as well, feel free to contact our experts. Once you understand the benefits of AI Analysis Bot you won’t be looking for lucrative scam offers.
Deposits and Withdrawal Methods
Another warning sign is that the company only accepts irreversible funding methods, such as wire transfers and crypto. Also, there is an e-payment solution WebMoney. Of course, they advertise a 0% commission policy. Yet, without a transparent withdrawal policy that is most likely a trick.
On top of that, the company advertises welcome bonuses which can easily prevent you from withdrawing any funds. However, the bonus policy doesn’t exist with this company. To understand the importance of a transparent withdrawal policy read our Trilt review.
Reasons To Avoid This Company
Overall the broker doesn’t present the security in any way. Even though they claim to offer tax refunds and risk-free trades. Once you realize the brokerage is manipulating you, they immediately become suspicious.
This investment firm is not obliged to comply with any laws or regulations. Therefore, they can do whatever they want. Understanding the trading world and reading our 4xEx review can help you learn ways to avoid such scenarios.
How Can I Make Money While Trading Online?
In fact, numerous possibilities are available in the market nowadays. Especially with the expansion of AI tools, such as our AI Analysis Bot that combines historical data with live charts and patterns to offer you the next trade. If you are sick of swindlers and trying different methods, this could be the perfect fit for you.
Most importantly, you can find out all the necessary details with our experts. Without any hidden costs for the first consultation. Feel free to contact us right away and grab your AI Analysis Bot already today!
FAQ Section
Is Fx-Vita.com Legit?
Not at all. Primarily, the company is misleading traders about its regulations. Secondly, they are using fraudulent software and shady trading conditions. Not to mention the CONSOB warning.
What assets are available with Fx-Vita.com?
Available are forex, commodities, indices, shares and crypto. But with their unlicensed business, you can expect many irregularities. Instead, you can choose licensed brokers and an AI Analysis Bot software.
Can I withdraw my funds from Fx-Vita.com?
Most likely, you won’t be able to. But once you experience trading with licensed companies with transparent services, you won’t be looking for fairy tale promises anymore.
