Clear VX Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 78 York Street London W1H 1DP UK; 1 Millerntorplatz Street Hamburg 20359 Germany This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.vxmarkets.com.
The mobile app from Clear VX Ltd is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Customizable dashboard|Tax reports included
Cons: Could offer more webinars
Clear VX Ltd changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Risk management tools|Competitive fees|Instant funding|Full transparency
Cons: Withdrawal takes 1-2 business days|Charting tools need more indicators
The platform at Clear VX Ltd is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for nearly two years of dealing with this, I have had enough.
Pros: Multi-device support|Full transparency
Cons: Limited demo account features
The spread at Clear VX Ltd is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after doing extensive research and initially thought the platform was good - until I started trading seriously.
Pros: Educational resources|Market news feed
Cons: Nothing significant|Limited cryptocurrency options
The only good thing about Clear VX Ltd is that they remind you why regulation matters. I found them after doing extensive research. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Detailed reporting|Economic calendar
Cons: Email notifications too frequent|Nothing significant
I have been trying to close my account with Clear VX Ltd for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Personal attention|Good analytical tools|Customizable dashboard
Cons: Limited demo account features|Research section could be deeper
The so-called education at Clear VX Ltd is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a few weeks now thinking they would help me learn.
Pros: Helpful community forum|Dividend tracking|API access|Good mobile app
Cons: Would like more payment methods
After using Clear VX Ltd for just over a year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Responsive team|Reliable uptime|Risk management tools
Cons: Inactivity fee applies after 12 months|Help articles are sometimes vague
Do not be fooled by the professional-looking website. Behind the scenes, Clear VX Ltd is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Intuitive for beginners|Educational resources|Excellent charting|Great customer service
Cons: Desktop app not available on Linux
Clear VX Ltd has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Regular platform improvements|Clean UI
Cons: Wish they had more educational resources