Vistova Review – A Closer Look at the Schemes Unraveling the Hoax
Since many traders still don’t know how to recognize a scam, our honest Vistova review is there to help you. You will quickly realize a few discrepancies if you check the company’s website.
Firstly, there are issues with low transparency and lack of ownership details. Secondly, with non-transparent legal documents. Lastly and most importantly, non-transparent conditions and regulations.
|Is This Company Safe?
|Have Warnings From:
|Forex, Indices, Commodities, Stocks
|Free Demo Account:
|How To Withdraw From This Company?
|With non-transparent legal documents and a lack of regulatory oversight, withdrawals are most likely impossible. In case you can’t get your money back, book a consultation with our refund specialists for additional options.
Legal Info: Is Vistova Legit Or A Scam?
According to the details provided, Vistova Markets brokerage is registered in Saint Lucia. Generally, the country is known as a hub for shady investment firms. Yet, they have at least some kind of regulatory oversight through FSRA.
Yet, Vistova Markets Limited, as the official owner, is not found in that register. Neither do any other Tier 1 regulators hold any records of this company in their databases. Primarily, we are talking about reputable institutions like FCA, ASIC, and BaFin.
Who Are Vistova’s Victims?
Fairly, this company is very young. They have been active only since 2021. But in general, that’s more than enough time to build a reputation. In the case of Vistova Markets company, everything is still a mystery.
Yet, the company itself gives us some hints. Firstly, the research shows that most of their visitors (victims) come from three countries:
- United Kingdom
Thus, they are not authorized to provide FX and CFD services in any of these. For this reason, we encourage you to be the first to leave a comment about this firm. Otherwise, we can’t help other traders avoid their trap. But also you can contact us directly for refund advice if needed.
Leverage, Commissions, Spreads, Fees, and Taxes
Important to realize is that this investment firm doesn’t reveal any trading conditions. Luckily, our Vistova Markets review will help you understand its importance. In the first place, there is leverage. With regulated firms, you can expect a maximum of up to 1:50. Mostly because of the high risk involved with higher leverage.
So, if you are not a professional trader and you get anything higher than 1:50, run. On top of that, if the company is hiding fees and commissions, they can make it up later. Most of the time, that happens when customers want to withdraw the funds. Also, they will require you to pay taxes. Indeed, those should be paid, but not to the company.
Another dirty trick offshore scam firms are using is the welcome bonus. Since this company is hiding its T&Cs, it’s hard to determine if they have any. Hopefully, you won’t think about investing with this bogus firm.
But if you do for some reason, don’t accept any bonuses before you read the policies. To see what to watch for, check our GSPartners Global review.
Vistova Trading Features
Without transparent trading conditions, you can’t trust any of the features the Vistova broker offers. One of their main features is a robust risk management system. This includes only include stop-loss, take-profit, stop buy/sell, and limit buy/sell options. –
However, for more advanced features, you’ll have to look somewhere else.
Trading Platform Available
Apparently, the company offers trading software for PC, MAC, iOS, and Android devices. In fact, they advertise the highly popular MetaTrader 5. However, download options are not linked on the company’s website. Therefore, you can expect everything else rather than MT5.
Available Trading Assets
Tradeable assets are another thing this company is hiding. Just briefly, they mention a few assets they offer. But in reality, without access to the platform, it’s hard to prove any of that. Anyway, potential options are:
- Forex – USD/GBP, EUR/HKD
- Commodities – crude oil, platinum
- Shares – Amazon, Tesla
- Indices – ASX 200, S&P 500
Generally, trading companies offer various accounts for their traders. Mostly to motivate them to deposit and trade more. In return, traders get better conditions. Primarily fees and commissions.
Yet, such benefits are non-existent with the Vistova scam broker. Moreover, they don’t even reveal the minimum deposit requirement.
Mobile Trading App
Even though they advertise apps for iOS and Android users, that’s most likely another bogus lie. None of their download links lead to trusted AppStore or PlayStore. Therefore, you should take those statements with reserve. To learn how to recognize trusted tools, don’t miss out on our FTMO review.
One of the key features for inspecting the platform is a demo account. Without it, traders can’t see any of the features, costs, or analytical tools, which is exactly the sign the company is hiding something from you. Therefore, it’s not surprising that Vistova broker is not offering a demo account.
If you look at any tier 1 regulated brokerage you will see a vast of educational programs. Starting with webinars, articles, 1-on-1 sessions, and much more. That’s exactly how it should be done if you want to trade professionally.
Also, those lessons are often provided by licensed market specialists. Unfortunately, with Vistova scam brokerage, not even articles are available.
The most important part of trading is a withdrawal. Without it, all the profits, trading, or education falls down the drain.
Thus, if the company is hiding its withdrawal policy, conditions, and fees, you can’t expect slick withdrawal procedures. On the opposite. Various manipulations are a standard part of the withdrawal process with scam brokerages. Firstly, they will prolong the process with verification issues. Secondly, they will try to extort a last bit of money from a customer. Lastly, they either vanish or freeze the account.
Apparently, the company provides support 24 hours on working days. There is a phone and e-mail provided to customers. Yet, the reliability of their support without any reviews remains questionable. But keep in mind they are not licensed and don’t raise much hope about their assistance.
Key Information To Consider About Vistova
Nothing about this company represents credibility. Firstly, they are offshore brokerages without regulations. Secondly, they have quite a poorly designed website with minimum trading details revealed. Lastly, they are not revealing any legal documents or withdrawal policies.
Ultimately, all kinds of issues are expected. Regardless of the issue, if you want your money back, get in touch with us. Our refund specialists can guide you through the procedure step-by-step. But first, book your free first consultation.
What is Vistova?
Vistova is an offshore FX and CFD brokerage operating from Saint Lucia with a physical address in UAE.
How Long Does Vistova Withdrawal Take?
Since the company is not regulated, withdrawals may take forever. On top of that, the company doesn’t have a transparent withdrawal policy or legal documents.
Can I Recover Money From a Financial Fraud?
Absolutely. The refund method depends on the payment method you were using. For detailed advice, feel free to contact our chargeback team.