About VOREX
Company Overview
VOREX is a retail forex broker registered in Georgia. The company was founded on 16 May 2022 and operates from its registered address at Krtsanisi district, Krtsanisi II lane, N 15, building 3, apartment 42, Tbilisi, Georgia. The official domain is center-vt.com.
Despite its registration, VOREX does not hold any known regulatory licences from financial authorities. This absence of oversight is a significant factor for potential traders to consider. The broker's risk score, as assessed by FXCanary, stands at 85 out of 100, indicating a severe level of risk.
Regulation and Safety
VOREX is not regulated by any major financial authority. Based on our records, there are no licences from bodies such as the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), or other reputable regulators.
Trading with an unregulated broker exposes clients to heightened risks, including potential mismanagement of funds, lack of dispute resolution mechanisms, and no investor compensation schemes. The address provided is a residential apartment in Tbilisi, which may not represent a fully operational office.
Products and Services
Specific information about the trading instruments offered by VOREX is not publicly available from independent sources or the broker's official website. The domain center-vt.com does not provide sufficient details to confirm the range of assets.
Forex and CFD brokers typically offer currency pairs, indices, commodities, and sometimes cryptocurrencies. However, without verifiable data, we cannot confirm what VOREX actually provides.
Account Types and Trading Platforms
There are no known details about the account types offered by VOREX, such as standard, mini, or Islamic accounts. Similarly, the trading platform(s) used are not identified.
Most retail forex brokers provide MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, but whether VOREX supports these remains unknown. Prospective traders should exercise caution due to the lack of transparency.
Funding and Withdrawal
Deposits and withdrawals methods are not disclosed for VOREX. Common methods include bank transfers, credit cards, and e-wallets like Skrill or Neteller, but this broker's policies are unverified.
Without clear information on funding procedures, clients may face difficulties in depositing or withdrawing funds. Unregulated brokers often impose restrictive or opaque withdrawal conditions.
Overview compiled by FXCanary from regulatory records and public data. full VOREX review