The sole owner of the Vertexfy website is Pergame Solution LLC. The company is registered in St Vincent and the Grenadines and is subject to the jurisdiction of the courts of this republic. However, the broker does not disclose any information about the date of its establishment, although the Rules and Regulations specify an update date of 1 September 2021. As for the domain, it was registered only in December 2022 in Malaysia. In addition, the project lacks a license. Finally, the site’s interface is bilingual: basic English by default, and Spanish is supported.
How safe is trading on this platform? Can this company be trusted? Let’s analyze the terminal capabilities and legal documentation, and then make a conclusion about the broker’s reliability.
Vertexfy offers customers a terminal that can be downloaded to their phone or PC desktop. Clients can use assets such as stocks, indices, commodities, and cryptocurrencies in trading. You can invest through the Vertexfy Investor PAMM account that the broker offers to diversify your portfolio.
According to CRS, you should provide the company with personal information, address, jurisdiction of residence, TIN (Taxpayer Identifier), and any additional documents requested by the site administration. When registering, you must note your consent to periodic taxpayer information to your country of residence.
The base currency of the platform is the Euro and the British pound. There are 3 account options available to traders:
- STANDARD – spread is floating, leverage up to 1:30, commission up to 3%, minimum lot size 0.1.
- PREMIUM – spread is floating, leverage can be increased up to 1:100, no commission, minimum lot size 0.01.
- VIP – spread 1.4, leverage up to 1:100, no commission, minimum lot size 0.01.
The company charges the client a monthly commission of 5 euros if the account has been inactive for 6 months. Every Vertexfy client can utilize the service of a dedicated account manager on a 24/5 basis. “Business hours” means from 9:00 to 18:00 (GMT+2) on a working day (Monday to Friday). The Trader Support Hotline is available to registered traders.
The company can refuse to provide services to the user at any time, and it is not obliged to inform the client about the reasons.
On the site page “Forex Glossary” you will find small articles that explain trading terms. The broker offers clients training on the platform, which is presented in the “Trading School” section. Vertexfy’s professional trading education consists of trading news, videos, and recommendations, which will probably be available to you after registering an account.