الملخص:VPE BANK, known as vPE WertpapierhandelsBank AG, is a German forex broker operating for 5-10 years. It is headquartered in Germany and has office locations in Germany, Austria, and Switzerland. The company offers a range of forex trading services, including access to over 60 forex pairs, leverage of up to 1:50, and various trading platforms such as MetaTrader 4 and MetaTrader 5. VPE BANK provides customer support via email, accepts multiple deposit and withdrawal methods, and offers account types like Micro, Standard, and Premium with varying minimum deposit requirements and spreads. Notably, it operates without regulation and offers trading on a variety of assets, including global indices and commodities.
Key Information | Details |
Company Name | VPE WertpapierhandelsBank AG |
Years of Establishment | 5-10 years |
Headquarters | Germany |
Office Locations | Germany, Austria, Switzerland |
Regulation | Unregulated |
Tradable Assets | Forex pairs, global indices, commodities |
Account Types | Micro, Standard, Premium |
Minimum Deposit | €100 |
Leverage | Up to 1:50 |
Spread | As low as 0.8 pips |
Deposit/Withdrawal Methods | Bank transfer, Credit/debit card, E-wallets |
Trading Platforms Available | MetaTrader 4, MetaTrader 5 |
Customer Support Options | 24/5 customer support via email |
VPE BANK, known as vPE WertpapierhandelsBank AG, is a German forex broker operating for 5-10 years. It is headquartered in Germany and has office locations in Germany, Austria, and Switzerland. The company offers a range of forex trading services, including access to over 60 forex pairs, leverage of up to 1:50, and various trading platforms such as MetaTrader 4 and MetaTrader 5.
VPE BANK provides customer support via email, accepts multiple deposit and withdrawal methods, and offers account types like Micro, Standard, and Premium with varying minimum deposit requirements and spreads. Notably, it operates without regulation and offers trading on a variety of assets, including global indices and commodities.
VPE BANK operates without regulation, making it an unregulated broker. This lack of regulatory oversight means that there are no specific regulatory authorities monitoring or overseeing the broker's activities. Consequently, VPE BANK is not bound by the regulatory requirements and standards that regulated brokers are typically subject to. The absence of regulation may result in a different level of scrutiny compared to regulated brokers, as well as a potential lack of certain investor protections or recourse mechanisms that regulators often provide.
Pros | Cons |
Variety of Tradable Assets | Lack of Regulation |
Multiple Account Types | Limited Information |
Choice of Trading Platforms | Uncertain Leverage |
Pros:
Variety of Tradable Assets: VPE BANK offers a wide range of tradable assets, including over 60 forex pairs, global indices, and commodities like gold, silver, and oil. This diversity in tradable instruments provides traders with options to explore different markets.
Multiple Account Types: The broker offers multiple account types, including Micro, Standard, and Premium. These account options cater to traders with varying levels of experience and financial resources, providing flexibility in choosing an account that suits individual preferences.
Choice of Trading Platforms: VPE BANK provides access to popular trading platforms like MetaTrader 4 and MetaTrader 5. These platforms are well-established in the industry and offer a range of tools and features for traders.
Cons:
Lack of Regulation: VPE BANK operates without regulation, which means it is not overseen by any specific regulatory authority. This absence of oversight may raise concerns for traders, as they may not have the same level of protection and accountability as they would with a regulated broker.
Limited Information: The company provides limited information about its years of establishment, office locations, and contact details. This lack of transparency may make it challenging for potential clients to fully assess the broker's credibility and accessibility.
Uncertain Leverage: While VPE BANK mentions leverage of up to 1:50, the specific leverage offered for each account type and trading instrument is not clearly outlined. This lack of detailed information can be a drawback for traders who rely on leverage for their strategies.
VPE BANK's website provides minimal information about crucial aspects such as account types, minimum deposits, leverage, spreads, deposit/withdrawal methods, and trading platforms. This lack of detail can lead to a lack of clarity for potential clients, making it difficult for them to assess the suitability of the broker's services.
Moreover, it's worth noting that there doesn't appear to be an option for account registration on the website at this time. This further limits potential clients' ability to access essential information, potentially affecting the broker's reputation due to concerns about transparency and credibility.
VPE BANK offers a variety of market instruments for trading, including Forex, Indices, Commodities and Cryptocurrencies:
Forex: VPE BANK provides access to the forex market, allowing clients to trade various currency pairs like EUR/USD, GBP/USD, and USD/JPY. Traders aim to profit from fluctuations in exchange rates.
Indices: VPE BANK also allows trading on global indices, representing the performance of specific stock groups. While specific indices are not mentioned, this market typically includes popular indices like the S&P 500 and DAX 30.
Commodities: The broker offers trading in various commodities, including precious metals like gold and silver, as well as energy resources like oil. Traders speculate on price movements in these markets.
Cryptocurrencies: While not specified on the website, the company may provide access to cryptocurrency trading. Specific examples of cryptocurrency products are not mentioned.
Here is a table comparing the market instruments offered by VPE BANK and other competing brokerages:
Broker | Market Instruments |
VPE BANK | Forex, Indices, Commodities, Cryptocurrencies |
Alpari | Forex, Stocks, Cryptocurrencies, Commodities, Metals |
HotForex | Forex, Stocks, Commodities, Metals |
IC Markets | Forex, Stocks, Cryptocurrencies, Commodities |
RoboForex | Forex, Stocks, Cryptocurrencies, Commodities |
The available account types at VPE BANK include the Micro Account, Standard Account, and Premium Account. Specifics are as follows:
Micro Account: The Micro Account offered by VPE BANK is designed for beginners or traders with limited capital. With a minimum deposit requirement of €100, it provides an accessible entry point into the world of trading. This account type offers leverage of up to 1:30, allowing for some degree of risk management. However, the spreads for this account start from 1.5 pips, which may impact trading costs. It's a basic option suitable for those looking to get started with modest capital.
Standard Account: The Standard Account is the most popular choice at VPE BANK, requiring a minimum deposit of €500. It offers similar leverage of up to 1:30 as the Micro Account but provides slightly tighter spreads, starting from 1.2 pips. This account caters to a broader range of traders and offers better trading conditions compared to the Micro Account. It's suitable for those who have a bit more trading experience and capital to invest.
Premium Account: For traders seeking enhanced features and benefits, the Premium Account is available with a higher minimum deposit requirement of €10,000. This account type offers leverage of up to 1:50, providing increased trading flexibility. The spreads are even tighter, starting from 0.8 pips, which can be attractive to traders looking for more cost-effective trading conditions. The Premium Account offers a wider range of features and is suitable for experienced traders or those with significant trading capital.
Account Type | Minimum Deposit | Leverage | Spreads |
Micro Account | €100 | Up to 1:30 | From 1.5 pips |
Standard Account | €500 | Up to 1:30 | From 1.2 pips |
Premium Account | €10,000 | Up to 1:50 | From 0.8 pips |
VPE BANK offers varying minimum deposit requirements for its different account types. The Micro Account has the lowest minimum deposit of €100, making it an accessible choice for beginners or traders with limited capital. The Standard Account, with a minimum deposit of €500, caters to a broader range of traders. For those seeking enhanced features and benefits, the Premium Account requires a higher minimum deposit of €10,000. These distinct minimum deposit rates allow traders to choose an account type that aligns with their financial resources and trading experience.
VPE BANK offers varying leverage ratios depending on the chosen account type. The maximum leverage for the Micro and Standard Accounts is up to 1:30, allowing traders to amplify their trading positions to a certain extent. For those seeking higher leverage, the Premium Account offers up to 1:50 leverage, providing increased trading flexibility. Leverage allows traders to control larger positions with a relatively smaller amount of capital, but it also comes with increased risk.
Here is a table comparing the maximum leverage ratios for market instruments between VPE BANK, Alpari, HotForex, IC Markets, and RoboForex:
Broker | Forex | Indices | Commodities | Cryptocurrencies |
VPE BANK | Up to 1:30 | Up to 1:20 | Up to 1:10 | Up to 1:30 |
Alpari | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 | Up to 1:3 |
HotForex | Up to 1:1000 | Up to 1:500 | Up to 1:400 | Up to 1:10 |
IC Markets | Up to 1:500 | Up to 1:200 | Up to 1:500 | Up to 1:5 |
RoboForex | Up to 1:2000 | Up to 1:1000 | Up to 1:200 | Up to 1:50 |
VPE BANK offers variable spreads on its trading instruments. The specific spreads are provided for each account type. For the Micro Account, spreads start from 1.5 pips. The Standard Account offers spreads starting from 1.2 pips. The Premium Account provides even tighter spreads, starting from 0.8 pips. These spreads represent the difference between the buying and selling prices of assets and play a significant role in determining trading costs.
VPE BANK offers a range of deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets, providing clients with flexibility and convenience for managing their trading accounts:
Bank Transfer: VPE BANK offers bank transfer as a primary method for both depositing and withdrawing funds. Bank transfers are a widely accepted and reliable option in the financial industry. While typically free of charge, they may take up to 3 business days to process. This method is suitable for clients who prefer traditional and secure banking transactions.
Credit/Debit Card: The broker supports credit and debit card transactions, providing a quick and convenient way to deposit funds into trading accounts. However, VPE BANK may charge a fee for credit card deposits. This method is ideal for clients looking for a straightforward way to fund their accounts using cards like Visa or MasterCard.
E-Wallets: VPE BANK accepts various e-wallet options, including Skrill and Neteller, for depositing funds. E-wallet deposits are typically processed instantly, offering convenience and efficiency for traders. This method is suitable for clients who prefer the speed and ease of e-wallet transactions.
VPE BANK offers the popular MetaTrader 4 and MetaTrader 5 platforms, providing traders with a choice between two widely used options.
MetaTrader 4 (MT4): VPE BANK offers the MetaTrader 4 (MT4) trading platform, a popular and user-friendly choice among traders worldwide. MT4 provides a range of tools and features for technical analysis, automated trading, and customizable charts, making it suitable for traders of various skill levels.
MetaTrader 5 (MT5): In addition to MT4, VPE BANK also offers the MetaTrader 5 (MT5) trading platform. MT5 is a more advanced platform compared to MT4, with enhanced features, additional timeframes, and improved analytical tools. It caters to traders seeking a broader set of functionalities for their trading strategies.
Here is a table comparing the trading platforms offered by VPE BANK and other competing brokerages:
Broker | Trading Platforms |
VPE BANK | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Alpari | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Alpari Invest, Alpari Mobile |
HotForex | MetaTrader 4 (MT4), MetaTrader 5 (MT5), HotForex Mobile |
IC Markets | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, WebTrader, Mobile Trading |
RoboForex | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, R Trader, Mobile Trading |
VPE BANK solely relies on email for all customer support related queries. Relying solely on email for customer support can have some disadvantages. It may limit accessibility, as some clients may prefer real-time communication methods like live chat or phone support. Additionally, email-based support can lead to longer response times, potentially causing delays in addressing urgent issues or inquiries. Offering a variety of customer support channels can provide clients with more options to choose the method that best suits their needs and can lead to a more efficient and satisfactory customer service experience.
Email: Clients can reach VPE BANK's customer support team via email by sending inquiries to info@vpeag.de. Email provides a written and documented means of communication, allowing clients to address specific concerns or inquiries in a detailed manner.
VPE BANK is an unregulated broker which caters to traders with different levels of experience and capital resources, including Forex, Indices, Commodities and Cryptocurrencies. The Micro, Standard, and Premium accounts provide flexibility in choosing trading conditions. However, the absence of detailed information regarding spreads, deposit/withdrawal fees, and leverage for specific instruments may require potential clients to reach out to the broker for clarification.
VPE BANK also offers the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing traders with solid options for their trading needs. It's worth noting that VPE BANK operates without regulation, which can be a concern for traders seeking security and oversight provided by regulatory authorities. The lack of multiple customer support options, limited to email communication, may also hinder clients' ability to seek assistance promptly.
Q: What types of account options does VPE BANK provide for traders?
A: VPE BANK offers Micro, Standard, and Premium account types to cater to various trading needs.
Q: Are there multiple methods for contacting VPE BANK's customer support?
A: No, VPE BANK primarily relies on email as its sole customer support method.
Q: Does VPE BANK provide information about its spreads for different instruments?
A: Specific spread details for various instruments are not provided on the website.
Q: Is VPE BANK regulated by any financial authorities?
A: No, VPE BANK operates as an unregulated broker.
Q: What trading platforms are available at VPE BANK?
A: VPE BANK offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
Q: What is the minimum deposit requirement for the Premium account at VPE BANK?
A: The Premium account requires a minimum deposit of €10,000.