VHNX is one of a group of new brokers that cater to all levels of traders, from those brand new to the space to those who have extensive experience. Based in Saint Vincent and the Grenadines the broker is positioning itself as one to choose if you are looking for ways to benefit from new technologies and trading strategies. The following VHNX review is meant to help you decide if the broker is suitable for your own trading needs.

The first impression of the broker website is that it’s clean and compact, not cluttered like so many broker websites these days. It looks quite professional and the lack of clutter makes it easier to navigate. Of course the site visuals are probably one of your least concerns when choosing a broker, but the navigation is helpful in finding all the necessary information on the site.

That’s a good start, and as you’ll see in the rest of the review VHNX has taken equal care in designing other aspects of the trading experience.

So, read on to find more details regarding the trading opportunities and conditions available from VHNX.

Regulations

Of course security is something on every trader’s mind, and the regulatory status of a broker plays into this idea of security in trading. VHNX is not regulated by any third party, which could be a concern for some.

We do like to point out that regulation is no guarantee of safety. Regulated brokers have turned out to be shady and many unregulated brokers are transparent and trustworthy. It’s up to the broker to determine their behavior, and in most cases this behavior will be consistent with their client needs. After all, news of troubles with any broker spread very quickly on the internet, and any questionable behavior could put a broker out of business.

You’ll see that the broker website is transparent too, and provides all the information you might want. Nothing is hidden or intentionally made difficult to find. Any the language in the terms and conditions is clear, without any malicious clauses buried in legalese. That also indicates safety for traders.

Account Types

VHNX is following the trend seen at many brokers lately by offering many different account tiers. In fact, there are no less than seven tiers, with each higher tier offering more perks, but also requiring higher minimum deposits.

The good thing about this tiered type of setup is that it can cater to all levels of traders. There really is something for everyone. New traders can get started with basic features, and more experienced traders can opt for the more advanced features they need to make the most of their trading.

Below is a breakdown of the account tiers and their features:

REGISTRATION TIER

· Min. Deposit $250

· Mobile Trading

· Secure Ordering

· Responsive Support

· Education Tools

· Leverage (Currencies 1:200)

· Basic training – Platform Introduction

· Educational Session with a Mentor

BEGINNERS TIER
All the above, plus:

· Min. Deposit $2,500

· Full Training – Advanced Platform Tools

· Dedicated Mentor

· Basic Strategies Session

INTERMEDIATE TIER All the above, plus:

· Min. Deposit $20,000

· Islamic Account

· Commodities Special Training

· Advanced Strategies Session

ADVANCED TIER All the above, plus:

· Min. Deposit $50,000

· Currencies Special Training

· Basic Market Events

PROFESSIONAL TIER
All the above, plus:

· Min. Deposit $100,000

· Indices Special Training

· Extra Market Events

· Private Strategy

PREMIUM TIER All the above, plus:

· Min. Deposit $500,000

· Stocks Special Training

· Crypto Special Training

· Premium Market Events

VIP EXCLUSIVE TIER All the above, plus:

· Please speak to your private mentor for further information.

· Min. Deposit $1,000,000

Available Assets

VHNX gives its clients access to all the assets you would expect from a modern online broker. All told there are more than 1,500 individual assets offered, spread over a number of asset classes. Traders will find their favorite trading assets, and will also be able to suitably diversify their investments. These are the major asset classes available:

· Forex

· Stocks

· Commodities

· Indices

· Cryptocurrencies

Trading Platforms

The trading platform at VHNX was built from the ground up and is available in desktop, mobile, and web-based versions. It offers all the functionality required by experienced traders, and is highly customizable as well, allowing traders to make it work exactly as they need. It’s also quite intuitive, meaning the learning curve for new traders isn’t so steep.

Clients can enjoy the following platform features:

· Advanced automation and charting tools

· 21 different timeframes

· Up to 100 charts simultaneously

· Superior analysis tools

Banking

Banking at VHNX is made easy as the broker supports credit and debit cards, wire transfers, and bank deposits. That’s applicable for both deposits and withdrawals. One downside is that the VHNX team can take up to five business days to process withdrawals. No one likes delays when it comes to their money so hopefully the team can improve on this in the future.

Customer Service

Like most brokers these days VHNX offers support on a 24/5 basis. There is live chat integrated into the trading platform, or you can reach customer support via email or telephone.

Phone: +18008478713
Email: services@vhnx.com

In Conclusion

Despite the lack of regulatory oversight VHNX still appears to be a solid broker offering quality trading conditions and client service. The trading experience is similar to that found at other online brokers, however the array of assets offered and the trading platform might recommend VHNX ahead of other brokers. The seven account tiers also mean the broker is designed to work for both new and experienced traders.

After covering the features and trading conditions in our VHNX review there’s not much else to be said other than recommend you try out the broker for yourself and see what type of experience you have. Indications are that it will be a good experience that you’ll recommend to others.