The brokerage firm is offering everyone to start trading on its “easy-to-use platform with a wide range of investment options.” In addition, the intermediary assures that he will help traders achieve success together in their “financial journey”. However, it is unknown whether the firm has a license and where its headquarters are located.
How profitable is it to cooperate with this firm? Will your money be safe on this platform or not? If you want to find out what this broker is all about, then read our VertexGate review.
How to Trade
Clients can trade on the WebTrader platform and access markets such as Forex, stocks, and indices. Trading conditions include the following offerings:
- 6 types of trading plans.
- Minimum deposit of $250.
- Spreads from 0.0 pips.
- Leverage up to 1:300.
The broker does not specify the amount of commissions and other fees, although these are the most important parameters for traders. Please note that there is a bonus policy on the site, but there are no prize money offers.
The service includes educational services. Daily market analysis, video tutorials, and 2 e-books are included in the Basic plan offerings.
VertexGate Vital Info
According to client testimonials posted on the broker’s website, this project has been running for “several years”. So what is the exact lifespan of this platform? We did not find a direct answer to this question on the website. Meanwhile, all internal documents that are intended for users are dated 13.02.2020. Despite this, the domain was founded only at the end of 2024. That is, the broker started serving traders only a couple of months ago.
Where is the office located and who regulates this intermediary? We found a mention of one location of the company in the “Bonus Policy” – it is the Republic of Estonia. However, VertexGate is absent from the register of the Estonian Financial Supervision Authority. In addition, the organization with this name is not included in the global database of registered legal entities. Presumably, the founders of the project work illegally.
Are you considering the training materials from VERTEXGATE? I can assure you that they are complete nonsense! The data they provide is confusing and full of errors. I followed their advice and lost about 30% of my portfolio. Obviously, VERTEXGATE do this intentionally to disorient traders. This is some kind of nightmare! I invested €1,800 but when it was time to withdraw, the remaining €1,200 mysteriously halved and then disappeared from my account! Support just ignores all my queries and when they do bother to reply, they just write back with formal phrases. I feel robbed!
I haven't seen anything good here. Are there any guarantees? I don't see any evidence. I can't find vertexgate in the registries of regulatory bodies. This applies not only to licenses, but also to the registration of the legal entity as a whole. This broker has been operating for no more than a couple months, as the domain was registered very recently, last December. This is a pseudo forex broker, and it is definitely impossible to work with such people. I am not talking about inadequate trading conditions at vertexgate.com. I will note the presence of a backdoor in their trading platform, which allows you to draw any charts and turn a profitable trader into an unprofitable one. Well, the negative reputation on the Internet also actively shows that this is a scam, not a decent and honest intermediary.
Disgusting scam, I have nothing more to say about this project. Constant slippages on the platform that reach 22 points, stop-loss on the platform works disgustingly. I lost almost the entire deposit on 2-3 transactions and now I can't even withdraw the remaining $648 because of the bonus conditions! this is a real scam!!!!
How reliable is the VertexGate brokerage company? I think it cannot be trusted with a cent! Surely, any trader can come to this conclusion even without trading directly on this platform. The thing is that you can go through every page of its official website and nowhere will you find any information at all about the license, the legality of VertexGate or whether it has any documents. There is nothing like this!!!! And since the broker has no license, its activities are not controlled by any regulatory organizations, it is simply illegal. If you work with illegal firms, you will only hurt yourself, because this is literally a voluntary transfer of your money to people who will most likely turn out to be scammers.
Even though a $250 deposit seemed like a lot, I decided to start trading with VERTEXGATE anyway, and for good reason. Their platform was very convenient for trading, and the staff gives a lot of useful information, tips and advice on everything. They helped me learn how to technically analyze the chart, understand the price movement, I understood how everything works in the market, why the price moves in a certain direction and what factors affect it. Thus, the risk of working with VERTEXGATE was justified. As for spreads and commissions, they are very low here. In addition, the managers here are competent and have good experience, they know how to trade profitably and helped me to make money. In addition, I already knew a little bit about this kind of terminal, so it didn't take me any time to adapt. Therefore, trading goes smoothly for me, orders are executed well. Stop losses do not cancel themselves on vertexgate.com. Of course, liquidity will be fine, as the broker offers CFDs rather than assets. There are no delays or deletions here. I also have no questions about withdrawals. Transactions, or rather withdrawal requests, are processed at a good speed. I have been trading not so long on vertexgate.com, but I can't single out any major drawbacks. Although I am well aware that everything can't be perfect, and minor problems arise sometimes.
If you look at the trading conditions, everything becomes clear to you. So, Vertexgate ask for a minimum deposit of $250, but they don't even offer a demo, am I right? This is the worst condition a forex broker can offer. You cannot practice and test the terminal without risking losing money, you need to invest real money to open at least one order. At the same time, you need to invest in vertexgate.com not $10, but at least $250. This immediately leads me to think that the company is fraudulent and fake. No adequate and honest broker would put out such delusional conditions. Vertexgate is an obvious fraudster. Besides, trading conditions also look strange - 0% commission and 0.0 pip spreads. Then it is obvious that the company will cheat you, because its only chance to make money is to help you lose your balance. If the commission is zero, how will Vertexgate make a profit? Finally, a bonus program exists here, as well as an affiliate program, which also involves paying rewards with money. Where are they going to get them? Of course, they'll get into the pockets of new customers, because that's where the crooks are!!!
Forget about working with these crooks if you care about your health. I invested a couple thousand pounds here and started trading and then literally after a week I noticed that the spreads became exorbitant! My balance dwindled very quickly. I will note that I did not receive any notifications or warnings. I contacted support for a refund and got no response. It is clear that these are scam artists, you should not work with them.
I have been trading with VertexGate broker for almost a month and my confidence in their honesty evaporated completely. The problems started when my stop losses were repeatedly ignored and as a result I lost almost 2,600 dollars. When I tried to contact their support team, they replied with boilerplate phrases without solving the problem!! I think my investment is not safe here.
The company lured me in with bonuses. It turned out that you can't withdraw them at all unless you accumulate a huge volume of transactions. The broker's staff didn't say anything about this when I registered my account! I deposited 700 euros and the bonus was just a trap to prevent me from withdrawing my money. A real scam!