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Vita Markets Review - is it scam or safe?

Vita Markets Review - is vita-markets.com scam or good forex broker?

RATING: 2.5 / 1 REVIEWS ForexBrokerz Vita Markets
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Trading accounts and conditions

 

Vita Markets is a newly-launched forex broker licensed in Cyprus and therefore authorized to offer financial services throughout the European Union and the EEA.

 

As the broker doesn’t seem to be operational yet, further information on tradable products, trading accounts, platforms and conditions will be added in the future.

 

 

Regulation and security of funds

 

Vita Markets is a trading name of VM Vita Markets Ltd. - a Cyprus Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). This is considered a great advantage in the forex trading world, as proper regulation is the single most important factor for the safety of any investment.

 

 

Due to its quality business environment and regulatory framework that is MiFID-compliant and therefore allowing cross-border business activity in all EU member states, Cyprus has become one of the most popular destinations for forex and binary options brokers.

 

CySEC- regulated brokers should meet a number of requirements, which provide significant assurance for the security of traders’ funds. For example, CIFs have to keep clients’ funds in segregated accounts, to report transactions on a regular basis, maintain a minimum capital of EUR 730 000, to participate in the Investor Compensation Fund (ICF), and also adhere to all rules introduced on a EU level. The latter include provision of negative balance protection, leverage cap of 1:30, disclosing the percentage of clients who suffer losses, etc.

 

 

>> Check out the best Cypriot brokers <<

 

 

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Traders` reviews for Vita Markets

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