VX Markets also known as Clear VX Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 78 York Street London W1H 1DP UKand1 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.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. VX Markets also known as Clear VX Ltd said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Market news feed|Transparent fees
Cons: Limited social trading features|No fractional shares
VX Markets also known as Clear VX Ltd advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Risk management tools|Regular updates|Wide product range|High security standards
Cons: Desktop app not available on Linux|No crypto staking
After spending since I opened my account last year trying to make VX Markets also known as Clear VX Ltd work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Dividend tracking|Two-factor authentication|Portfolio tracking tools
Cons: No integrated tax optimization|Would like more payment methods
The only good thing about VX Markets also known as Clear VX Ltd is that they remind you why regulation matters. I found them while looking for alternatives to my previous provider. 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: Good mobile app|Easy to use platform
Cons: No fractional shares|Inactivity fee applies after 12 months
I had high hopes for VX Markets also known as Clear VX Ltd through a financial advisor, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Quick verification|API access|Dividend tracking
Cons: Website design could be more modern|Account statements could be more detailed
Do not believe the bonus offer from VX Markets also known as Clear VX Ltd. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Wide product range|Easy to use platform
Cons: Mobile app could be improved
I joined VX Markets also known as Clear VX Ltd when my bank disappointed me and I searched for alternatives and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Excellent charting|Reliable uptime|Transparent fees|Tax reports included
Cons: Help articles are sometimes vague|Account statements could be more detailed
I experienced a security concern with my VX Markets also known as Clear VX Ltd account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Two-factor authentication|Low minimum deposit|High security standards|Great customer service
Cons: Cannot customize dashboard fully
VX Markets also known as Clear VX Ltd has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Competitive fees|No hidden fees|Personal attention
Cons: Minor UI glitches occasionally
If you are reading this considering VX Markets also known as Clear VX Ltd - run. I wish I had read more negative reviews after a family member had a good experience. I thought the positive ones were real. Maybe some are. My experience over since last summer has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Full transparency|Quick verification|Professional team|Educational resources
Cons: Cannot customize dashboard fully