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The WikiFX Score of this broker is reduced because of too many complaints!

V Element Partner

China|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.vegroupsltd.com

Website

Rating Index

Contact

info@vegroupltd.com
https://www.vegroupsltd.com
Chase Business Centre 39-41 Chase Side London United Kingdom N14 5BP Room 906, Xintiandi Building, Liangxi District, Wuxi City,Jiangsu Province, China
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

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Broker Information

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Company Name

V Element Partner Limited

Abbreviation

V Element Partner

Platform registered country and region

China

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

V Element Partner · WikiFX Survey

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V Element Partner · Company Summary

Information Details
Name V Element Partner
Years Established 1- 2 Years
Headquarter Jiangsu, China
Regulation Unregulated
Market Instruments Forex / Metals / Energies / Indices / Stocks / Cryptocurrencies
Account Types Multi-product account
Maximum Leverage N/A
Spread N/A
Commission N/A
Trading Platform N/A
Minimum Deposit N/A
Deposit & Withdrawal Method N/A
Customer Support Email, phone number

Overview of V Element Partner

V Element Partner is a brokerage firm offering personalized solutions to institutional and individual customers worldwide using a programmer created database. With a diverse range of trading products, a user-friendly trading platform, and dedicated customer service, V Element Partner aims to provide convenient, innovative, efficient, and transparent trading experiences. They offer a range of services, including foreign exchange trading, noble metal trading, energy trading, index trading, and digital currency trading.

basic-info

Risk Warning

Warning: Caution for Potential Customers Considering V Element Partner

Before proceeding with V Element Partner, it is crucial to be aware of certain factors that may pose risks or concerns. One significant aspect to consider is the lack of licensing information available for V Element Partner. This absence of licensing raises questions about their adherence to industry regulations and the oversight mechanisms that ensure fair practices and client protection. Additionally, the downsides associated with V Element Partner should be carefully evaluated. These include limited trading products, a potential lack of certain trading options, potential language barriers, varying withdrawal processing times, and limited educational resources.

Pros and Cons

V Element Partner offers several advantages for traders on the website, including a order transaction data management system, automatic report generation system, trading behavior Analysis Systems that are backed by AI, Risk Control System, and a Large Data Trading System. Furthermore, the broker caters to the diverse needs of traders by providing multiple products in a singular account, allowing for asset diversity. Moreover, V Element Partner offers the trading platform, MT5, giving traders access to all of the benefits that come with it. Lastly, the broker boasts a dedicated team of financial experts who provide excellent customer service and support 24/7, ensuring that traders receive assistance whenever needed.

V Element Partner offers no actual data about accounts, licensing or the company. Second, the selection of trading products may be more limited compared to some other brokers. V Element Partner's platform lacks certain specialized trading options or instruments. Moreover, there may be potential language barriers depending on the customer's preferred language, as the level of language support from the customer service team may have limitations. Another downside is the variation in withdrawal processing time, as some customers have experienced longer waiting periods for their withdrawals to be processed. Lastly, the availability and extent of educational resources, such as trading guides and webinars, may be relatively limited compared to other brokers. Traders who value comprehensive educational materials may find the resources offered by V Element Partner to be somewhat lacking.

pros
Pros Cons
Order transaction data management system No available data about accounts, licensing, or company
Automatic report generation system Limited selection of trading products
Trading behavior Analysis Systems backed by AI Lack of certain specialized trading options
Risk Control System Potential language barriers
Large Data Trading System Variation in withdrawal processing time
Multiple products in a singular account Limited availability of educational resources
Trading platform - MT5
Dedicated team of financial experts and 24/7 support

Trading Products

V Element Partner offers a diverse range of trading products to cater to the needs of investors. These products include foreign exchange (forex), noble metals such as gold, silver, platinum, and palladium, energy commodities including Brent Crude Oil, West Texas Light Crude Oil, and Natural Gas. Finally, V Element Partners offers popular stock indexes such as the Hong Kong Hang Seng Index, Dow Jones Industrial Index, German DAX30 Index, NASDAQ 100 Index, UK FTSE 100 Index, and digital currencies like Bitcoin, Ethereum, and Litecoin.

products

Account Types, Leverage, Spread and Handling Fees

V Element Partner's website provides no information about account types, leverage, spead, or handling fees.

Systems

V Element Partner offers a range of attributes that enhance the trading experience for its clients. These include an order transaction data management system that improves work efficiency and enables timely handling of customer information. The automatic report generation system allows for customized reports based on various attributes, providing valuable insights for traders. The trading behavior analysis system utilizes data modeling and artificial intelligence to interpret order flow and present real transactions without noise.

The risk control system establishes an interconnected network to monitor real-time fluctuation data and user trading behavior, enabling automatic risk control execution. Lastly, the big data trading system facilitates multi-dimensional trading strategy configuration, transparent market depth, and reduced transaction costs. It also provides customer portraits for intelligent analysis and precise services, all while ensuring operational security.

These attributes collectively contribute to a technologically advanced trading environment, allowing traders to make informed decisions, manage risks, and optimize their trading strategies.

Trading Platform

V Element Partner utilizes the popular MT5 (MetaTrader 5) trading platform, renowned for its comprehensive features and user-friendly interface. The platform provides advanced charting tools, real-time market quotes, order execution capabilities, and various technical analysis indicators. Traders can access the platform via desktop applications, web-based versions, or mobile applications for iOS and Android devices.

Deposit and Withdrawal

V Element Partner offers multiple deposit and withdrawal methods to facilitate transactions. The specific methods, associated fees, and processing times may vary. Commonly available deposit and withdrawal methods include bank transfers, credit/debit cards, and electronic payment systems. It is advisable to check the broker's official website or contact their customer service for detailed information regarding deposit and withdrawal procedures, fees, and processing times.

Customer Service

V Element Partner prides itself on providing dedicated customer service to assist traders with their registered address located at Chase Business Center 39-41 Chase Side, London, United Kingdom, and a presence in Wuxi City, Jiangsu Province, China, they strive to provide support across different regions. Whether you are based in the United Kingdom or China, and according to the website, a customer service team is available 24/7.

They can be reached at +86 51085104880 or by sending an email to info@vegroupltd.com. It should be noted that V Element Partners do not provide service to residents of the countries of Australia, Canada, Ethiopia, Gibraltar, Israel, New Zealand, North Korea, Philippines, Poland and the United States.

Additional Features and Tools

V Element Partner's trading platform may offer additional features and tools to enhance the trading experience. These can include social trading capabilities, allowing traders to follow and copy the trades of successful traders, as well as automated trading options through the use of expert advisors (EAs) or trading algorithms. Signal services may also be available, providing traders with market insights and trading recommendations.

Reviews

Based on the reviews, there are several cases where reviewers expressed their inability to withdraw funds from the trading platform. These reviewers reported instances where they were enticed by promises of high profits, made multiple deposits, and were unable to withdraw their funds as requested. Some mentioned being lured by individuals on platforms like IG and being deceived through high-profit schemes. Others mentioned difficulties in contacting customer service or experiencing sudden disappearances of customer support and communication channels. Additionally, there were instances where reviewers mentioned the platform's lack of responsiveness, insufficient balance displays, and delays in the approval of withdrawal requests. These issues raised concerns among the reviewers and highlighted the importance of reliable and efficient withdrawal processes in the trading platform.

Conclusion

V Element Partner differentiates itself in the trading industry by offering a range of features and services to enhance the trading experience. Their offerings include an order transaction data management system, automatic report generation, trading behavior analysis, risk control, and a big data trading system. These tools aim to provide traders with valuable insights, streamlined workflow management, and risk mitigation capabilities.

Furthermore, V Element Partner acknowledges the importance of catering to diverse trader needs. They provide multiple products within a single account, allowing for asset diversity and flexibility in trading preferences. V Element Partner places emphasis on customer support, providing a dedicated team of financial experts available 24/7 to assist traders. They aim to address inquiries, concerns, and technical issues promptly and efficiently, ensuring reliable customer service throughout the trading journey. While it is important to note that there is limited licensing information available.

In summary, V Element Partner offers various tools and customer service support to enhance the trading experience. Traders should carefully evaluate these offerings and conduct their due diligence to make informed decisions aligned with their trading goals and preferences.

FAQs

Q: What sets V Element Partner apart from competitors in the industry?

A: V Element Partner offers features like order transaction data management, trading behavior analysis, risk control, and a big data trading system.

Q: In what ways does V Element Partner accommodate the varying requirements of traders?

A: V Element Partner provides multiple products within a singular account, allowing for asset diversity and catering to diverse trader needs.

Q: Which trading platforms are available to clients of V Element Partner?

A: V Element Partner offers the popular MT5 trading platform, providing clients with a professional and versatile trading experience.

Q: How does V Element Partner handle and mitigate risks associated with trading activities?

A: V Element Partner has a risk control system in place, utilizing an interconnected exclusive network to ensure automatic risk control execution.

Q: Are there any restrictions on the range of trading products available through V Element Partner?

A: V Element Partner acknowledges that the selection of trading products may be more limited compared to other brokers.

Q: How can customers access customer support and assistance from V Element Partner?

A: V Element Partner's dedicated team of financial experts provides 24/7 customer service and support through phone and email communication channels.

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