VastWealth is a company founded in 2022. The broker has created a trading platform designed for the purpose of engaging in Forex and CFD market transactions. According to the information on their website, this firm has a registration in St. Vincent and the Grenadines. We have reviewed the documents on the portal, but despite this, we did not find a license among them. What are your assumptions, can this organization be considered reliable?

Trading Conditions

The amount of deposit starts from $5,000. Clients have access to 4 types of accounts:

Test
Standard
Pro
VIP

There are three base currencies for trading: euro, dollars, and pounds. The leverage can reach 1:400, with fixed or floating spreads depending on the account type. We also read that it is possible to create a demo account, but we didn’t see where to do it.

VastWealth has developed platforms that are available on different devices: desktop and web versions on computers, as well as on any smartphone. All versions are able to synchronize with each other. Consumers can trade in the Forex market, as well as CFDs on stocks, cryptocurrencies, commodities, and indices.

VastWealth provides customer support around the clock, 24 hours a day, 7 days a week. Also, the website provides educational materials that can be useful for beginners.

FAQ

Would investing in VastWealth offer the best returns?

The minimum deposit is too high, and we have doubts about whether it is worth risking such a sum.

Does VastWealth carry out withdrawals?

We are not confident about this: the broker's rating is quite low. Share your reviews with us.

May I be scammed on vastwealth.io?

There is a risk of deception because it is a young domain owned by an offshore firm.

What's the best way to share my experience with VastWealth?

Fill out the form and we'll make sure your voice is heard.

How can I tell if VastWealth is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Offshore

License: No license

Leverage: 1:400

Broker type: DD

Demo account: Yes

Affiliate program: Not indicated

Minimum deposit: 5000$

Trading platform: WebTrader

Assets: Forex, CFD

15 reviews about VastWealth

Edward Perez Gonzalez
October 20
es una estafa
despues de varios meses presionando para meter mas y mas pido sacar parte del capital y nada tuve que hablar con un abogado y pude recuperar parte de la inversion, estafa absoluta
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Alex
July 11
Tech support, hey, where are you?!
My platform is glitching and I can't even reach tech service! Do you even care about your customers at all?? Where is your 24/7 service?!
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djfeek
July 7
learning is really confusing
i'm a beginner trader and i just don't understand what vastwealth wants from me. i don't know how to trade and the educational materials aren't really helping me figure it out. and there's no personal manager here, so i just invested the money and have no idea what to do with it.
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Ingrid
June 14
Can you explain to me how can I register a demo account here?
I heard that VastWealth mentions that customers can create a demo account. But I couldn't find where to do it. Can you please guide me? Do I need to contact the managers over the phone? I'm just hesitant to invest real money at the moment, especially such a large amount…
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vyac
June 8
I actually enjoy trading here.
The fast platform and user support are definitely worth praising VastWealth for. It's convenient and comfortable here, with a wide variety of assets, so I don't regret opening a trading account here.
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Lordex
June 7
I'm not willing to invest such a large amount.
I've noticed that it's not possible to deposit less than $5,000 into VastWealth. For me, that's a significant sum, and I'm not prepared to invest in it here due to the high risks involved. There are several concerning aspects that raise red flags, including registering offshore, lacking necessary licenses, and exclusively providing CFDs instead of real assets. Even the broker itself, mentioned in the fine print, acknowledges the enormous risks involved.
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mydb
June 4
I'm sure that only scammers could offer such trading conditions.
A starting deposit of 5,000 and 25,000 for a standard account that vastwealth offers is way too much. Serious brokers understand that everyone has different possibilities and allow trading with smaller amounts. These people just want to make a profit. Besides, a leverage of 1 to 400 is WAY too high. With such conditions, it's easy to end up in debt, which is why reputable regulators don't approve them. The commissions here are also huge, as well as the spreads.

In general, it is more than obvious to me that vastwealth is just after money. No experienced trader would fall for such conditions. If a person knows what they're doing, they are aware that there are better conditions available elsewhere.
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Naton
June 4
A fast and innovative platform? Haha, don't make me laugh!
Every time I tried to open a deal on this Vastwealth terminal, the price had already changed, and buying the stock became unfavorable for me! And this is not the first time it has happened. I ended up making very little profit because of this! Speed is crucial for traders, and that's something the broker got right. But their terminal is anything but fast. And they also lied about device synchronization. I have more open deals on my laptop than on my phone. It's just unacceptable.
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titi tom
June 2
The broker seems young and promising to me.
Despite all the negative reviews, I still decided to register here. And you know what, I haven't regretted it. Everyone complains about the company's lack of license, but think for a moment, the company has only been in operation for a year, they might have simply not had enough time to obtain all the necessary documents. I have personally experienced multiple successful withdrawals here without any problems.
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Buro
May 24
Don't register here!!!
They blocked my account and refused to withdraw my funds but I didn't do anything wrong!!! SCAMMERS!!!
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Progression
May 16
And how do I get my money back?
These VASTWEALTH guys pressured me to deposit money into their account through crypto... I didn't want to, but they fed me a bunch of lies about low fees and I believed them... and now they've been ignoring my withdrawal request for over 3 weeks... I could have gone to the bank if I had made a payment with my card, but crypto isn't regulated... so what am I supposed to do now?
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Aidesss
May 14
I'm really regretting investing.
Everything was going so well on the Vastwealth demo account, there were no issues with terminal speed. But once I deposited real money into the account, difficulties started. Constant freezing and slippage. The spreads are also huge, there was none of that on the demo. Overall, it's a shame that the broker didn't live up to my expectations and I basically wasted my money, so to speak.
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Val
May 3
I consulted with a lawyer and realized it was better to stay away from this company.
I received several calls from VastWealth offering me to start trading. I decided to call a friend who understands legal matters, and he said that I shouldn't trade there.

Firstly, registration in Saint Vincent and the Grenadines doesn't inspire confidence, as many scammers register there. Secondly, we checked the registers of reliable financial regulators and couldn't find this company listed in any of them. Furthermore, the broker mentions that they are not responsible for any lost funds, so they could simply deceive you and not return anything. Finally, the user agreement states that the trading conditions can be changed at any time.

By the way, we checked and found out that the domain was created just last year. This means that the broker is new and may disappear soon. Is the company reliable? Draw your own conclusions.
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Alexandr
April 29
FRAUD!
So, we have a really sad story of cooperation with these VastWealth people. First, they called my son, who had no interest in trading at all, and he believed them and invested $5000. They said he couldn't invest less. He says that in the end, he only lost more money, and when he tried to withdraw the remaining balance, he couldn't. He couldn't reach the scammers to ask why they were ignoring his withdrawal request... And he borrowed that money, they promised him so much.

In the end, he couldn't reach them at all. So my husband decided to try calling. When he asked about our son's money, they didn't answer. Instead, they started calling him from different numbers and offering him to register as well! They have some nerve! When asked about our son's money, everyone gives different answers.
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Serj
April 19
I can't shake the feeling that I'm being deceived.
I'm trying to withdraw my money, but VASTWealth claims that the documents I uploaded for verification are invalid, so I won't see my funds! I've double-checked several times and there are no issues. I think they're just looking for an excuse to keep my money. And on top of that, they brazenly suggest that I deposit more funds as if there's some incredibly lucrative deal that I can't afford to miss. What kind of lucrative deal? First, let me withdraw my funds, then we can talk.
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