About VOREX
Overview
VOREX is a retail forex and CFD broker established on July 5, 2022, and registered in Georgia. The broker operates through the domain center-vt.com and lists its registered address in the Krtsanisi district of Tbilisi.
As of the time of this review, VOREX does not hold any known regulatory licences from any major financial authority. This absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to the oversight, capital requirements, or investor protection schemes that regulated brokers must adhere to.
Regulation and Safety
Our records show no regulatory licences on file for VOREX. The broker is registered in Georgia, but this registration alone does not constitute a financial services licence. Georgia is not commonly associated with stringent forex regulation, and the local regulatory framework may not provide robust investor protection.
Traders should be aware that unregulated brokers carry higher risks, including potential issues with fund segregation, dispute resolution, and overall business conduct. The FXCanary Scam Risk Score for VOREX is 85 out of 100, indicating a severe risk level based on our assessment criteria.
Background and Location
VOREX was founded in mid-2022, making it a relatively new entrant in the online brokerage space. The registered address is a residential apartment in Tbilisi, which may raise questions about the scale of operations and professional infrastructure.
The broker's official website, center-vt.com, does not provide extensive corporate information or details about its team. This lack of transparency is another factor that contributes to the elevated risk profile.
Overview compiled by FXCanary from regulatory records and public data. full VOREX review