Official Website - Http://www.wistonfx.com Currently Unavailable
Vestone Is A Trading Platform That Offers Its Clients The MT4 Platform, Claiming To Offer A Wide Range Of Trading Instruments Across Different Asset Classes.
However, Caution Should Be Exercised When Considering Investing With Vestone. It Is Important To Note That The Trading Platform Currently Lacks Effective Regulation And Is Not Supervised By Any Government Or Financial Institution Group. Additionally, There Have Been Reports That Their Official Website Is Inaccessible, Which Has Sparked Speculation That The Platform May Have Stopped Its Services Without Warning.
This Broker Has Been Proven Illegal, All Licenses Have Expired, And Has Been Added To The List Of Scam Brokers. The Platform Is A Ponzi Scheme, Which Utilizes The "value Multiplication Principle". In The Form Of A Rolling Or Static Fund Loop, The Money Of The Next Member Is Used To Pay The Current Member, Which Is Essentially A Pyramid Scheme With Hidden, Deceptive And Socially Harmful Properties. By Calling To Satisfy The Desire Of Ordinary People For Money, The Scammers On The Platform Start To Raise Money Underground. Since Such Platforms Will Mostly Abscond After 1 To 2 Years, The Fundraising Model Can Only Exist For Less Than 3 Years.
Therefore, Weishi Currently Has No Effective Regulation, Which Means That There Is No Government Or Financial Institution Group To Supervise Its Operations. In Addition, The Official Website Of Weishi Is Inaccessible, Indicating That The Trading Platform May Have Absconded. This Makes It Risky To Make Investments With Them.
If You Are Considering Investing With Vestone, It Is Important To Conduct Thorough Research And Weigh Latent Risks Against Potential Returns Before Making A Decision. In General, It Is Recommended To Invest With A Well Regulated Broker To Ensure That Your Funds Are Protected.
Market Tools
Vestone Offers A Wide Range Of Trading Instruments Across Different Asset Classes Including Currencies, Contracts For Difference (CFDs) On Precious Metals Such As Silver And Gold, Energy Commodities Such As Gas And Oil, Cryptocurrencies, Indices, Commodities And Stocks.
Currencies: Vestone Allows You To Trade Major Currency Pairs Such As USD/EUR, GBP/USD And USD/JPY Among Others. Trading Currencies Can Provide The Opportunity To Take Advantage Of Fluctuations In Exchange Rates.
Precious Metals Contracts For Difference (CFDs): Vestone Offers Contracts For Difference (CFDs) On Precious Metals Such As Silver And Gold. CFDs Allow Traders To Speculate On The Price Fluctuations Of These Metals Without Actually Owning The Physical Asset.
Cryptocurrencies: Vestone Offers A Trading Platform Where Popular Cryptocurrencies Such As Bitcoin (Bitcoin), Ethereum (Ethereum) And Others Can Be Traded. Cryptocurrency Trading Has The Potential For High Volatility And The Opportunity To Profit From Movements In The Price Of Digital Assets.
Accounts
Vestone Offers Two Types Of Accounts: Standard And Interest-Free. Here Are The Details Of These Accounts.
- Standard Account:
Vestone Offers A Standard Account Type That Requires A Minimum Deposit Of $100. Standard Accounts Are A Common Account Type Offered By Many Brokers And Are Suitable For Traders Of Varying Experience Levels. It May Provide Access To A Variety Of Trading Tools And Features.
- Interest-free (Islamic) Accounts:
Vestone Also Offers Interest-free Trading, Also Known As Islamic Trading. These Trades Are Designed For Traders Who Follow Islamic Financial Principles And Are Unwilling To Pay Or Accept Interest For Religious Reasons. Interest-free Trading Ensures That Positions Are Held Overnight Without Incurring Any Interest (exchange) Fees.
Leverage
Vestone Offers A Maximum Leverage Ratio Of 1:400. Leverage Is A Tool Offered By Brokers That Allows Traders To Control Larger Positions In The Market With Relatively Small Amounts Of Money. In This Case, Using Leverage Of 1:400, A Trader Can Control A Position That Is 400 Times Larger Than Their Initial Investment.
A High Leverage Ratio, Such As 1:400, Has The Potential To Generate Substantial Profits From Small Market Fluctuations. It Allows Traders To Amplify Their Potential Returns, Making It An Attractive Option For Those Looking To Maximize Their Trading Opportunities.
However, It Is Important To Note That While High Leverage Can Increase Potential Profits, It Also Comes With Significant Risks. The Same Leverage Can Amplify Profits As Well As Losses, And Can Result In Significant Financial Losses If A Trade Goes Against The Trader's Expectations.
Spreads And Commissions
Vestone Offers Accounts With A Starting Spread Of 1.4 Pips. Spreads Are The Difference Between The Bid And Ask Prices Of Financial Instruments And Represent The Cost Paid By The Trader When Entering A Trade.
Lower Spreads Generally Indicate Tighter Pricing And Potentially Lower Trading Costs. The 1.4 Pip Starting Point Offered By Vestone Indicates That They Aim To Offer Competitive Pricing And Cost-effective Trading Conditions. However, It Is Important To Note That Spreads May Vary Depending On Different Trading Instruments And Market Conditions.
Additionally, It Is Not Possible To Find Commissions For Vestone Due To The Unavailability Of The Website.
Trading Platform
Vestone Offers Its Clients The Popular MetaTrader 4 (MT4) Trading Platform. MT4 Is A Well-known And Highly Regarded Platform In The Financial Industry, Known For Its User-friendly Interface And Rich Set Of Trading Tools And Features.
The MT4 Platform Provides Traders With A Comprehensive Set Of Charting And Technical Analysis Tools That Enable Them To Analyze Market Trends, Identify Trading Opportunities, And Make Informed Trading Decisions. Traders Can Use A Variety Of Technical Indicators, Plotting Tools, And Customizable Charting Options To Adapt Their Trading Strategies And Preferences.
Additionally, MT4 Is Available On Multiple Devices, Including Desktop Computers, Web Browsers, And Mobile Devices. This Allows Traders To Access The Platform From Anywhere With An Internet Connection, Providing Flexibility And Convenience.
Deposits & Withdrawals
Vestone Offers Traders A Variety Of Choice Accounts To Access Their Funds, Ensuring Convenience And Flexibility For Customers.
One Of The Main Methods They Accept Is Via Credit Or Debit Cards, Including Popular Card Networks Like VISA And MasterCard. Fast And Seamless Trading Is Made Possible By Using A Credit Or Debit Card As A Payment Method. Traders Simply Need To Enter Their Card Details Securely On The Vestone Platform To Top Up Their Trading Account, And Deposited Funds Can Often Be Used Immediately To Call.
In Addition To Credit Card Payments, Weishi Accepts Deposits And Withdrawals Via Bank Transfer. Bank Transfer Offers An Alternative Method Account For Those Customers Who Prefer To Make Transfers Directly From Their Bank. Traders Can Initiate Transfers From Their Bank To Weishi And Once The Transfer Is Confirmed, The Funds Will Be Deposited Into Their Trading Account. Withdrawals Can Also Be Made Directly Into The Trader's Bank Account.
Customers Can Visit Their Office Or Contact The Client Server Hotline Via The Information Provided Below:
Phone: + 611800254215
Email: [email protected]
