Virtual Wealth Exchange is not authorised by the FCA and is therefore not regulated or recommended for use by UK residents for trading. The FCA first issued a warning against Virtual Wealth Exchange on 04/06/2024, stating that “This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of potential scams.”
A list of FCA-regulated brokers that offer alternative services are below:
| Trading Platform | Markets | CFDs | Spreads | Futures | Options | DMA | Customer Reviews | More Info |
|---|---|---|---|---|---|---|---|---|
 | 13,500 | ✔️ | ✔️ | ❌ | ✔️ | ❌ | (Based on 124 reviews)
| See Platform 69% of retail investor accounts lose money |
 | 5,000 | ✔️ | ❌ | ❌ | ✔️ | ❌ | (Based on 16 reviews)
| See Platform 78% of retail investor accounts lose money |
 | 1,200 | ✔️ | ✔️ | ❌ | ❌ | ❌ | (Based on 86 reviews)
| See Platform 73.7% of retail investor accounts lose money |
 | 2,000 | ✔️ | ❌ | ✔️ | ❌ | ❌ | (Based on 144 reviews)
| See Platform* 80% of retail investor accounts lose money |
 | 10,000 | ✔️ | ✔️ | ❌ | ✔️ | ❌ | (Based on 257 reviews)
| See Platform 65% of retail investor accounts lose money |
 | 17,000 | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | (Based on 678 reviews)
| See Platform 70% of retail investor accounts lose money |
 | 12,000 | ✔️ | ✔️ | ❌ | ✔️ | ❌ | (Based on 148 reviews)
| See Platform 69% of retail investor accounts lose money |
 | 9,000 | ✔️ | ❌ | ✔️ | ✔️ | ✔️ | (Based on 73 reviews)
| See Platform 62% of retail investor accounts lose money |
 | 7,000 | ✔️ | ❌ | ✔️ | ✔️ | ✔️ | (Based on 934 reviews)
| See Platform 59.7% of retail investor accounts lose money |
 | 2,967 | ✔️ | ❌ | ❌ | ❌ | ❌ | (Based on 278 reviews)
| See Platform 61% of retail investor accounts lose money |
 | 2,100 | ✔️ | ❌ | ❌ | ❌ | ❌ | (Based on 136 reviews)
| See Platform 72% of retail investor accounts lose money |