Headquartered in Kingstown, Saint Vincent and the Grenadines, Vlom is an award-winning trading broker that provides you with a trading environment to help you to achieve your investment goals. The broker’s trading system covers more than 2000 instruments across different asset classes, including forex, stocks, indices, and commodities. The minimum deposit required to operate an account is $100, while leverage of up to 1:400 is available.
Vlom Review, Pros & Cons
- Advanced trading platforms
- Over 2,000 financial assets
- Educational resources
- Multiple trading account options
- No MetaTrader 4 platforms
- No standalone trading tools
- Limited account funding methods
- No USA traders allowed
In this detailed Vlom review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Vlom is an online broker for currency and derivatives trading. The broker offers a trading account designated for all investors’ demands. They provide traders with the MetaTrader 5 trading platform as well as other essential tools for their trading activities. Traders can benefit from the competitive trading conditions, such as fast withdrawals, low commissions, high liquidity, and rapid trade execution speeds. Vlom has been awarded the A to Z’s Best MT5 Online Trading for the year 2020.
Vlom Ltd. is registered and operates as a financial investment firm under the laws of St. Vincent and the Grenadines with a registered address at St. Vincent, Ratho Mill, VC0000 Kingstown, Saint Vincent and the Grenadines, and registration number: #25468BC2019.
Vlom does not offer services to citizens/residents of Iran, Syria, the U.S, and or North Korea.
Some Vlom features and products mentioned within this Vlom review may not be available to traders from certain countries because of legal restrictions.
MetaTrader 5 Platform
Trades are carried out using the MetaTrader 5 (MT5) trading platform, which is a robust and versatile trading platform that is designed for both basic and advanced traders alike. It is one of the most advanced multi-asset platform for trading currencies, metals, stock exchange instruments, and hundreds of other derivative assets. It features flexible trading systems, algorithmic trading, multiple charting & analysis, and one-click trading. The broker makes the platform available in desktop, web, and mobile versions.
There is also the Vlom trading platform, a proprietary mobile app that is specifically designed for all Vlom clients. It is a powerful, customisable, and comprehensive mobile trading app that allows you to monitor market activities, offering real-time quotes, charts, and market news. The app is designed for mobile devices running on Android and iOS and can be downloaded from the respective app stores.
Vlom Trading Tools
There are no standalone trading tools on the broker’s website at the moment. However, the MT5 trading platform should have more than enough trading tools to satisfy even the most advanced traders.
There are several educational resources on the broker’s website to help you improve your trading expertise. They include an extensive library, research tools and analysis tools that can help you to practice trading online. There is also an FAQ section that answers some of the common questions that traders may have.
The broker offers the following financial instruments: forex, stocks, indices, and commodities.
Vlom Accounts & Fees
The broker allows you to choose the most suitable account type for your trading needs. The accounts have unique minimum deposit requirements as follows: Beginner ($100), Plus ($20,000), Advanced ($50,000), Premier ($100,000), Platinum ($500,000), Platinum Pro ($1,000,000), and VIP ($10,000,000) Accounts. Each of the accounts allows you to trade on the MT5 trading platform with educational resources and other useful trading tools. The minimum trade size is 0.01 lots.
As broker fees can vary and change, there may be additional fees that are not listed in this Vlom review. It is imperative to ensure that you check and understand all of the latest information before you open a Vlom broker account for online trading.
The broker’s client support team is available to respond to traders’ general, technical, and account-based inquiries through any of the following contact channels: telephone, email, and social media.
Vlom Deposit & Withdrawal
Traders are allowed to deposit and withdraw funds to and from their trading accounts using any of the following payment methods:
- Credit/Debit Cards: such as Visa, MasterCard, and DinersClub
- Cryptocurrency: Bitcoin
Vlom Account Opening
To open a trading account, you have to click on the ‘Sign Up’ button and fill the account registration form.
It is imperative to ensure that when you are going through a broker application, you read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Putting it all together, Vlom is an online broker that allows clients to buy and sell over 2,000 financial instruments through the MT5 trading platform and its in-house-developed trading platforms. Traders benefit from educational resources and a responsive customer support team. There are various trading account options to choose from, with a required minimum deposit of $100.
Trading on derivative markets can be a risky procedure where losses may surpass your initial capital. Vlom highly recommends that you look for independent guidance from a suitably skilled professional before proceeding to invest in derivatives. Before deciding to start your trading activities with Vlom, you need to acknowledge all risks involved.