Official Site: https://securedvc.com/
Demo: No Demo account
Regulated By: Unregulated
Foundation Year: 2019
Min Deposit: $250
Max Leverage: 1:400
Deposit Options: Credit Card, Wire Transfer
Withdrawal Options: Credit Card, Wire Transfer
Tradable Assets: Currencies, Commodities, Indices, Crypto, Futures, Options
Trading Platforms: MetaTrader
Platform Compatibility: Desktop platform (Windows), Web platform, Mobile
With new brokerages opening each year sometimes it can be difficult to decide who you can trust. In this SecuredVC review we will discuss our experiences when trading with the new kid on the block.
When we first did some research, there was very little information out there about this brokerage, so there were some looming questions from the very beginning. Luckily all of those were resolved the moment we saw their website. Everything looked very professional, on par with what we are used to with online traders in 2020. We went even further to discover everything SecuredVC has to offer.
We soon realized that we were dealing with an unlicensed broker. However, this does not mean it should be avoided at all cost. We had many great experiences with unlicensed brokerages before, so this isn’t a red flag in our book. It is very comforting to know that SecuredVC works closely with law enforcement to prevent laundering of money or frauds. From their mission statement, it’s clear that measures of protection have been implemented and improved upon ever since the foundation. With the aim of imposing strict measures when it comes to online trading, they are contributing to the improvement of the entire community.
In addition, SecuredVC is fully KYC compliant. This is a type of regulation that is set in place to prevent identity theft and ensure the safety of traders in the world of finance. This measure takes into account not only clients, but also the agents, consultants and distributors to prevent any damage or abuse.
Unlike some brokers who provide their clients with access to all global financial markets, SecuredVC prefers a different approach, by limiting their offer to what they do best. Forex trading is undoubtedly the backbone of this brokerage, but it is not the only assets that is available to traders. You can fill up your portfolio with a variety of assets including commodities, stocks, indices and Crypto. There is definitely something for everyone here.
Since there is no Demo account, SecuredVC has enabled a diverse offering of account types to suit every traders’ needs and ambitions. This variety ensures that everyone’s budget can be met. All of these accounts vary drastically, but all of them have the necessary tools with more than competitive fees. Bellow is the breakdown of all account types:
Starting point account for many with more than 200 tradable assets. With Leverages going up to 100, you receive a market review to keep you up to date with all market movements. This account can be opened with €250+.
Gold account starts with €10,000+. Spreads go as high as 200. With Bonus funds you will have your own dedicated senior account manager to help you improve your trading. You are also granted access to tier 3 trade room analysis, financial planning, risk management planning, special venture promotion, monthly webinars and a level 3 prioritization when it comes to withdrawal process.
Going even one step higher will net you platinum spreads and leverages of up to 300. In addition to everything else mentioned previously, you can now use tier 2 trade room analysis, weekly webinars level 2 prioritization for withdrawal process and a private analyst session for €50,000+.
This tier is Invitational only. Once you get in, you can enjoy VIP spreads, leverage of up to 400, complete access to trade room analysis, access to lucrative VIP events and webinars and a fully prioritized withdrawal process.
SecuredVC has managed to build an impressive set of educational tools for traders of all skill levels. There is plenty of material to cover beginner, intermediate and expert trading education. What is more, those materials are available in several formats, with eBooks being the standout.
It is worth noting that the majority of this content is provided by this broker and is available only to registered traders. Basic introductory materials can be accessed by everybody, but the best content is reserved behind the registration for those with higher tier account types.
In this part of SecuredVC review we must point out one potential downside. Unfortunately, there is now Demo account for traders to experiment and tune their skills. While most of other brokers offer a safe place, SecuredVC insists on trader confidence. In order to enjoy all the benefits, you will have to fully commit.
Deposit & Withdrawal
For the funding of trading accounts at SecuredVC, broker has provided support for several methods. These include transfers by bank wire transfer, credit and debit cards. There is an absence of alternative means of funding such as eWallets like Skrill and Neteller. Fortunately, the ones that work – work flawlessly as we haven’t encountered a single issue whilst using it. Furthermore, withdrawal and deposit times were in line with the industry standards, even exceeding it on few occasions.
In our SecuredVC review we went over its important features. Although there is still some room for improvement, it is impressive how they managed to secure so many key trading aspects in such a short period of time. Time will tell if SecuredVC will continue to improve and innovate, but at this point is still safe to recommend them as they have plenty to offer for all trader types.