Vonway Information
Vonway is an offshore regulated broker, offering trading on forex, indices, stocks, commodities and cryptocurrencies with leverage up to 1:2000 and spread from 0.0 pips on the MT4 trading platform. The minimum deposit requirement is $50.
Pros and Cons
Is Vonway Legit?
Yes. Vonway is an offshore regulated broker licensed by AOFA to offer services.
What Can I Trade on Vonway?
Vonway offers trading on forex, indices, stocks, commodities and cryptocurrencies.
Account Type
Here are three account types Vonway offers:
Leverage
Vonway offers maximum leverage at 1:2000. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
Vonway Fees
Trading Platform
Deposit and Withdrawal
Vonway accepts payments via credit & debit card, Echelon Pay, Walao Pay, Paytrust and Fpx.
Webmoney transactions once processed via bank transfer and accounts funded by Fasapay, Poli/Bpay, Skrill Bitcoin, Rapidpay and Klarna may incur additional charges. Once processed via bank transfer, the funds may take 3-5 business days to reach the bank account.
Hong Kong
FX1551015852
Malaysia
Cannot withdraw, scam, never use vonway again
Exposure
Fariz Nur Rosyid
Indonesia
I made a withdrawal of $3642 but the broker refused on the grounds that I had committed a hedging violation or used an EA but all this time I have been trading manually and not hedging and the broker has caused me losses
Exposure
akhirmali
Indonesia
I know this broker and registered solely because someone would share signals with the condition of registering with this broker. However, when I tried to verify and verify, I was rejected and kept asking where I was rejected. Because I was annoyed, I immediately said "stupid cs" to their live chat and my account was immediately suspended. I feel very lucky to be suspended right away. I wouldn't know what would happen if I had already deposited. I would definitely be scammed by this broker.
Exposure
FX4195391785
Malaysia
I cannot withdraw profit 40.42 usd. Scam . They ask you to deposit 50usd to standard acc but after deposit you cannot withdraw that global profit
Exposure
tan8836
Malaysia
I bought at 2458.08 at 15:29:27 It was closed at 2454.82 at 15:29:27 Meta4 shows that the lowest point at that time was only 2456
Exposure
yvett
Kazakhstan
Their spreads are consistently tight, allowing traders to maximize their potential profits. And when it comes to customer support, they're always there to help, no matter what the issue may be. Highly recommend Vonway for all your trading needs!
Positive
Mark Martinez
Netherlands
Transparent fee structure - no hidden costs and everything is upfront. Fast and efficient deposit and withdrawal process keeps my money moving smoothly.
Positive
Surachai Chatchavalavanic
Thailand
The overnight interest rates are very reasonable. Also, the trade execution is transparent and fair, greatly boosts my confidence in trading here. However, the stop-loss and limit order features are very basic and often glitchy.
Neutral
刘宝齐
Malaysia
After depositing money, the balance is not increased. What should I do? Can you help to solve it?
Exposure
Lucius Teo
Malaysia
PLEASE STAY AWAY FROM VONWAY!!!! Vonway freeze my account without giving me reasons after i got profit! ive sent them email since two weeks ago which is 2nd sept and not getting any feedback yet! they just freeze my account and not giving me any reasons! VONWAY SCAM !
Exposure
Marco766
Malaysia
I've placed a withdrawal request of 2380.92USD on 10/8/2023, It's been 7 days since my withdrawal placed, withdrawal status still showing pending check.One of the my friend, Vonway user, placed a withdrawal on 14/8/2023, and his withdrawal approved in just 3 hours.I ask live chat , but they just evading the problem , keep telling me they are facing high traffic.Even when I created a help desk ticket, the Vonway team also replying me the same answer , which they are facing high traffic.When I ask for a specific date or time which they will approve my withdrawal , they just escaping from my question, keep telling me the same answer which "due to unforeseen circumstance, the withdrawal processing time is currently longer than usual". But thy other user withdrawal can approve immediately? But why mine take 7 days and still in pending check?Please pay me my profits.
Exposure
azam2637
Malaysia
Last June 22, 2023 i traded GBP news. 4 of my orders automatically closed below 180 seconds which already under violation by the Vonway policies . The issue is, i know they are only allowed to trade above than 180 seconds but during this news 4 of my orders was closed automatically below than 180 seconds. It seems like they close my order to start the manipulation and accuse me that i am using the Expert Advisor (EA) technique which is this technique also is under violation. Now they’re declined to withdraw the balance of my account with the reason their system detected that i’m using Expert Advisor (EA) system. They’re simplify accuse me while i’m just using buy and sell stop.
Exposure
FX1218739660
Vietnam
I was introduced to the Vonway platform two years ago by my friends Justin. And I left it due to its increasingly high trading fees and slow withdrawals. Well, I seem to made the right decision.
Neutral
FX2046354843
Philippines
If it was this kind of fraud, I tried to withdraw $50 into my account, but it took a long time. In the case that the customer service is not working properly, a message was sent to e-mail to seek support, VonWay Group did not reply at all.
Exposure
FX4853056522
Indonesia
I tried to withdraw my $50 in my acc but it takes a long time. I emailed them but no one answered me
Exposure