Established in 2020, Vivid Money is a German online financial services provider. They have offices in various countries, including France, Spain, and Italy. They operate as a mobile banking and investment platform, allowing traders to buy and sell multiple financial markets, such as international stocks, ETFs, and crypto. The broker provides traders with a knowledgeable customer support team to assist them. Their clients are provided with various competitive trading conditions, such as cashback of up to 25%, free withdrawals, fee-free payments, and rewards in companies’ stocks. No minimum deposit is required to start trading.
Vivid Money Review Introduction
In this Vivid Money review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Vivid Money.
Vivid Money Platforms & Tools
At Vivid Money, all trading activities are carried out using a proprietary trading platform. The platform allows traders to buy and sell multiple financial instruments with ease. The broker makes the Vivid Money trading platform available as a WebTrader and a mobile app. While the web version requires no downloads or installation, the mobile app can be downloaded from the Android and iOS app stores. The mobile app is best suited for traders who wish to place trades and check their trading positions while on the go, provided there is an internet connection.
Vivid Money Research & Education
To improve clients’ trading skills and knowledge, Vivid Money provides them with various educational resources, such as press, news, blogs, announcements, and an FAQ section that answers some of the clients’ most common questions.
Vivid Money Trading Accounts
Vivid Money offers two live trading account options: Vivid Standard and Vivid Prime. While the Vivid Standard account is entirely free and requires no initial deposit to start trading, the Vivid Prime account requires a fee of €9.90 per month to maintain it after the three-month free period.
Vivid Money Account Funding
The broker allows traders to deposit and withdraw funds to and from their trading accounts using any of the following payment methods: credit/debit cards, bank transfer, cryptocurrencies, and more.
Vivid Money Customer Service
Vivid Money provides traders with a customer support team who are always available and can be reached through various social media handles, such as Instagram, Facebook, LinkedIn, Twitter, and Telegram.
Vivid Money Regulation
Vivid Money GmbH acts as an outsourcing partner of Solarisbank AG to provide bank account services and debit card services. Further, Vivid Money GmbH offers the brokerage of transactions for the purchase and sale of financial instruments in the area of foreign exchange as a tied agent of Solarisbank AG. SolarisBank AG is a fully regulated European bank authorized and supervised by the Federal Financial Supervisory Authority (BaFin).
Vivid Money Review Summary
Operating from Berlin, Germany, Vivid Money is a licensed multi-asset brokerage firm. They began working in 2020, and they are aimed at offering digital banking and investment services to a global clientele using a proprietary trading platform that is available as a mobile app and a WebTrader. The broker provides two live trading account options. There is no minimum deposit required to start trading.
It is worth mentioning that some of the trading products and services in this Vivid Money review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Vivid Money broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.