Vorbex

Vorbex's operational credibility is severely compromised. It holds no valid regulatory licenses and operates under a 'Suspicious Scope of Business' categorization. With an extremely low WikiFX score of 1.29 and non-existent regulatory and risk control indices, the brokerage does not meet the standard benchmarks for credibility expected of a trustworthy financial services provider.

No, Vorbex is not regulated. The broker operates without oversight from any recognized financial authority. It is classified with a 'No Regulation' status, meaning client funds and trading activities fall outside the protection of standard industry compliance mandates and compensation schemes.

Vorbex is registered in Australia. It has been operational for approximately 1-2 years. However, this registration does not equate to formal financial regulation, as the entity does not hold an Australian Financial Services (AFS) license or equivalent authoritative forex trading authorization from ASIC or any other global regulator.

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WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

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