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GFFM-Some important Details about This Broker

VI Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-27 10:44

Abstract:VI Markets, a financial brokerage firm registered in Kuwait in 2015, offers a diverse range of trading options including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, and Shares through the MT4 and MT5 trading platforms. In addition, the company provides comprehensive customer support channels and offers a risk-free demo account with $10,000 in virtual funds. However, it operates without any legal regulation.

VI Markets Review Summary
Founded2015
Registered Country/RegionKuwait
RegulationUnregulated
Market Instruments200+, Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, Shares
Demo Account✅($10,000 in virtual funds)
Leverage/
EUR/USD Spread/
Trading PlatformMT4, MT5 and WebTrader
Min Deposit/
Customer Support24/5 support
Contact form
Tel: +44 (0) 203 857 2000; +965 22256988; +61 448088246
Email: info@ofmarkets.com; clientservices@vimarkets.com.kw
X: https://twitter.com/onefinancial
Facebook: https://www.facebook.com/onefinancialmarket/
YouTube: https://www.youtube.com/onefinancialmarkets
WhatsApp: https://wa.me/message/AXYAAN4ALZ5OJ1
Physical address: Level 2 36-38 Leadenhall Street London, EC3A1AT United Kingdom
Sharq - Mazaya Tower 02 - 10th floor PO BOX 3040 22031 Salmiya, Kuwait
Regional RestrictionsThe United States, Belgium, Poland or any particular country outside the UK

  VI Markets, a financial brokerage firm registered in Kuwait in 2015, offers a diverse range of trading options including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, and Shares through the MT4 and MT5 trading platforms. In addition, the company provides comprehensive customer support channels and offers a risk-free demo account with $10,000 in virtual funds. However, it operates without any legal regulation.

VI Markets homepage

Pros and Cons

Pros Cons
Multiple trading choicesNo regulation
Demo accountsLimited info on trading conditions
No commissionsWithdrawal fees charged
MT4 and MT5 trading platformRegional restrictions
Popular payment options
No deposit fees

Is VI Markets Legit?

  VI Markets does not hold a regulatory license from any authoritative financial regulatory body. Instead, it mentions on its website that it is registered in Saint Vincent and the Grenadines, a jurisdiction that is often favored by fraudulent brokers because it does not effectively regulate foreign exchange brokers.

Is VI Markets Legit?

What Can I Trade on VI Markets?

  OnVI Markets, you can trade 200+ popular products, including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies and Shares:

  Forex: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NOK, AUD/NZD, AUD/SGD...

  Bullion: Gold Future, Gold vs US Dollar, Gold vs Australian Dollar, Gold vs Euro, Gold vs Swiss Franc, Gold vs British Pound and Silver vs US Dollar.

  Indices: AUS200, CN50, EU50, FRA40, GER40, HK50...

  Commodities: XAGUSD, XAUAUD, XAUCHF, XAUEUR, XAUGBP, XAUUSD...

  Energy: UK Brent Oil, UK Crude Oil (cash), US Crude Oil (cash), US Crude Oil, US Natural Gas...

  Cryptocurrencies: Bitcoin, Bitcoin cash, Dash, Ethereum, Litecoin, Ripple...

  Shares: US271, UK141, EU46...

Tradable Instruments Supported
Forex ✔
Bullion✔
Indices✔
Commodities✔
Energy✔
Cryptocurrencies✔
Shares✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on VI Markets?

Trading Platform

  VI Markets indeed offers a plethora of trading platforms, including the highly popular and professional MT4 and MT5, as well as a WebTrader. Both the former platforms are accessible via Web and Mobile. These features might make the broker sound highly reliable to you. However, it's crucial to remember that VI Markets is not regulated by any authority, so you should not take any information at face value.

Trading PlatformSupported Available Devices Suitable for
WebTrader✔Web/
MT4✔Web and MobileBeginners
MT5✔Web and MobileExperienced traders
MT4
MT5

Deposit and Withdrawal

  VI Markets accepts payments via Bank Transfer, Credit/Debit Card, Neteller, and Skrill. Each method has a different minimum deposit and withdrawal amount, as well as varying processing times. Some methods may also charge certain withdrawal fees.

Payment MethodMin Deposit Min WithdrawalDeposit FeeWithdrawal FeeDeposit TimeWithdrawal Time
UK Bank transfers0£30❌£1 (next day payment)1-3 working daysNext day
£20 (same day payment)Same day
International SWIFT bank wire transfer$50 (or equivalent)$252-5 working days2-5 working days+
Credit/debit card(within portal)$50, €35 or £30$50, €35 or £30❌Immediately3-5 working days
Credit/debit card(outside portal)Within 15 minutes++Up to 10 days
Neteller$50$50ImmediatelySame day
Skrill
Deposit and Withdrawal

Related broker

No Regulation
VI Markets
Company name:One Financial Markets
Score
1.54
Website:http://www.vimarkets.me/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.54

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