About Vedafx
Overview
Vedafx is a forex and CFD broker registered in the Marshall Islands, having been established on 22 October 2025. The broker operates from a registered address at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960. As a relatively new entity, Vedafx has limited public information available, and its official domain is not publicly recorded.
Our review is based solely on publicly available registration data and aggregated industry records. The broker does not appear to hold any regulatory licences from recognised financial authorities, which is a significant factor for traders to consider when evaluating the broker's credibility and trustworthiness.
Regulation and Safety
Vedafx is not regulated by any known financial regulatory body. The absence of a licence from a reputable authority means that traders do not have the protection of an ombudsman, compensation scheme, or regulatory oversight. This lack of regulation is a notable risk factor.
The broker is incorporated in the Marshall Islands, a jurisdiction known for having minimal regulatory requirements for financial services firms. As such, Vedafx operates without the stringent compliance standards found in regulated markets, leaving clients with limited recourse in case of disputes.
Account Types
Vedafx offers five account tiers, each designed to accommodate different levels of trading capital. The Starter account requires a minimum deposit of $150, while the Silver account starts at $3,001. The Gold and Platinum accounts have minimum deposits of $10,001 and $50,001, respectively. The top-tier VIP account requires a minimum deposit of $100,001.
The maximum leverage for each account type is not specified by the broker. This lack of information on leverage limits is a gap that traders should clarify before opening an account.
Instruments and Platforms
The broker provides trading in multiple asset classes, including currencies and cryptocurrencies, commodities, as well as stocks and indices. This range allows traders to diversify their portfolios across traditional and digital markets.
Details regarding the trading platforms offered by Vedafx are not available from the known facts. Prospective clients are advised to verify platform availability and technical features directly with the broker.
Risk Score
FXCanary has assigned Vedafx a Scam Risk Score of 63 out of 100, which falls into the Elevated category. This score reflects the broker's lack of regulatory oversight, recent incorporation, and limited transparency. Traders should exercise caution and conduct their own due diligence before committing funds.
Overview compiled by FXCanary from regulatory records and public data. full Vedafx review