VOYAFX is a financial brokerage with 3 main account types [Silver, Gold, Diamond]. The minimum deposit on the Silver account is $500 and the spreads are floating from 1.0 pips.
The company has offices in 3 regions [France, United Arab Emirates, Vanuatu], with 24/5 support services available through 3 channels [ticket, email, phone call].
VOYAFX Company Information & Regulation
This brokerage is operated by Global Clearing House (GCH), which is incorporated under the laws of Vanuatu under the registration number 14691.
The company is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), and registered at 1276 Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.
Based on the available data from reliable sources, the website's domain [www.voyafx.com] was registered on November 25, 2021.
Summary of Features and Specifics
Let's break down the key features that make VOYAFX a multi-asset Forex Broker. Look at the table below:
Broker | VOYAFX |
Account Types | Silver, Gold, Diamond |
Regulating Authorities | VFSC |
Based Currencies | USD, EUR, GBP |
Minimum Deposit | $500 |
Deposit Methods | Credit/Debit Cards, Bank Wire Transfer, Skrill, iDEAL |
Withdrawal Methods | Credit/Debit Cards, Bank Wire Transfer, Skrill, iDEAL |
Minimum Order | 0.01 Lot |
Maximum Leverage | 1:100 |
Investment Options | Proprietary Social Trading Platform |
Trading Platforms & Apps | Proprietary |
Markets | Forex, Commodities, Stocks, Indices |
Spread | Starting From 0.6 Pips on the Diamond Account |
Commission | No Trading Commissions No Activity/Deposit Fees |
Orders Execution | Market, Instant |
Margin Call/Stop Out | 70%/N/A |
Trading Features | Economic Calendar, Corporate Earning Calendar, Market Sentiment Visualization, Technical Analysis |
Affiliate Program | Yes |
Bonus & Promotions | None |
Islamic Account | No |
PAMM Account | No |
Customer Support Ways | Phone Call, Email, Ticket |
Customer Support Hours | 24/5 |
Accounts Specifics & Comparison
VOYAFX understands that one size doesn't fit all when it comes to trading accounts. That's why they offer 3 distinct account types. We will compare them in the table below:
Account Type | Silver | Gold | Diamond |
Min. Deposit | $500 | $10,000 | $25,000 |
Free Trading App | Yes | Yes | Yes |
Fast Verification | Yes | Yes | Yes |
Support Service | Yes | Yes | Yes |
Education Resources | No | Yes | Yes |
Technical and Fundamental Analysis | No | No | Yes |
The most notable difference between these accounts is the spread amount, which will be discussed later in this article. All accounts provide access to leverage of up to 1:100.
How to Register and Verify on VOYAFX
It's easy and quick to open an account with the broker. We will guide you in the 3 steps below:
- Visit the company's official website and click on "REGISTER";
- Select your dealer, fill in your name, email address, country of residence, and phone number, and choose your account currency;
- Confirm the statement and click "Create Account";
Now, an account in your name is created on the website. For verification, upload the required documents and provide additional information.
Note that at the time of writing this article, we couldn't open an account; after clicking the button, the website said "Temporary problem. Try again later."
Is There a Proprietary Trading Platform?
VOYAFX offers a proprietary trading platform that is "easy-to-use" and "convenient". It supports technical tools, financial charts, and other essential items for trading and analyzing the market. The platform is accessible via 3 ways:
- Android (Currently unavailable);
- iOS (Currently unavailable);
- Web.
Spreads and Commissions Overview
The discussed broker doesn't charge traders with any trading "commissions", and there are only spreads in trade:
Account Type | Silver | Gold | Diamond |
Floating Spread | From 1 Pips | From 0.8 Pips | From 0.6 Pips |
Note that spreads are wider during the trading session at night. As stated on the brokerage's website, there are "no hidden fees and taxes" in its services. Also, there are no inactivity or deposit fees.
Deposits and Withdrawals: Funding Methods
VOYAFX offers a basic range of funding options for making deposits and withdrawals. This list mentions the available methods:
- Credit/Debit Cards;
- Bank Wire Transfer;
- E-wallets (Skrill, iDEAL).
The broker doesn't go into detail regarding this matter and no further information is available.
Does VOYAFX Broker Provide Any Copy Trading or Other Investment Options?
The brokerage provides a property social trading system which allows the copying of expert traders in "just a click." According to the official website, the process is done through 3 steps:
- Finding a professional trader;
- Checking and evaluating their performance history & portfolio;
- Starting following them.
Bonuses and Promotional Offers in VOYAFX
Per our latest investigations and available information, currently, there are no bonuses and promotions offered on the broker; however, some sources say that there are occasional promotions.
We will inform you on this page if any changes or updates happen about this matter.
Support: Contact Channels and Schedule
VOYAFX enables traders to contact support via 3 channels that are listed below:
- Phone Support: +359 2 400 33 39;
- Email: cs@voyafx.com (Customer Service), compliance@voyafx.com (Compliance), marketing@voyafx.com (Marketing);
- Ticket: Submittable via "Contact Us" section on the website.
The broker aims to respond to all inquiries 24 hours a day, Monday to Friday.
Trust Scores and Evaluations
We use reputable sources such as Trustpilot and ScamAdviser to examine a financial company's trustworthiness. The rating on the former is currently unavailable due to a breach of guidelines; the platform has stated "the detection of fake reviews" as the reason for this measure.
On the latter, VOYAFX has received a trust score of 1/100 and a rating of 1.2/5 based on +30 user reviews.
Conclusion and Final Words
VOYAFX requires a minimum deposit of $10,000 for the Gold account. There are over 1,000 tradable instruments offered by the broker, with a maximum leverage of 1:100. Also, a proprietary social trading platform is available.
The brokerage features calendars for economic events and corporate earnings. The company has received a 1.2/5 rating on ScamAdviser.
